Wednesday Feb 19, 2025

China’s Financial Ambitions and South Carolina’s $1.8 Billion Blunder

Explore China's push for a new global financial consensus in Saudi Arabia, aiming to reshape international finance. Delve into South Carolina's $1.8 billion accounting error investigation, highlighting the importance of financial transparency. Plus, the deadlock over legislative salaries in New Mexico and Hilbert Group's innovative DeFi partnership. Discover the shifting dynamics in global finance and governance.

Sources:
https://www.scmp.com/economy/china-economy/article/3299242/saudi-arabia-pboc-governor-pushes-new-global-financial-consensus
https://www.wrdw.com/2025/02/19/sc-continues-18-billion-accounting-error-investigation-amid-financial-controversy/
https://www.santafenewmexican.com/news/local_news/proposal-to-pay-lawmakers-deadlocks-in-senate-finance-committee/article_3ef8a298-ee12-11ef-8f33-8fecee4a4d7c.html
https://finance.yahoo.com/news/hilbert-group-announces-partnership-leading-072000916.html

Outline:
(00:00:00) Introduction
(00:00:43) In Saudi Arabia, China pushes for a new global financial consensus
(00:04:13) S.C. continues $1.8 billion accounting error investigation amid financial controversy
(00:07:16) Proposal to pay lawmakers deadlocks in Senate Finance Committee
(00:10:07) Hilbert Group Announces Partnership with Leading Decentralized Finance (DeFi) Specialists

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