- Yahoo Finance
Return to the '70s? Today's housing market has echoes of dark era
Economists comment on the state of housing as homebuyers face high rates and borrowing costs this spring.
- Reuters
Swiss National Bank exploring ways to tokenise financial assets
The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way of making payments more secure and efficient, Chairman Thomas Jordan said on Monday. Tokenisation means the digital representation of claims on financial assets on a programmable platform which typically relies on distributed ledger technology. "Central banks....can take a wait-and-see stance and only act if tokenisation is adopted at scale," Jordan told an event held in Basel.
- Associated Press
An inquiry into a building fire in South Africa that killed 76 finds city authorities responsible
A report into a building fire that killed 76 people in South Africa last year has concluded that city authorities should be held responsible because they were aware of serious safety issues at the rundown apartment block at least four years before the blaze. The nighttime fire at the five-story building in downtown Johannesburg on Aug. 31 was one of South Africa's worst disasters. Retired Judge Sisi Khampepe was put in charge of the inquiry, which began in October.
