This Week in Fintech: TFT Bi-Weekly News Roundup /

Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday 01 June 2023. Partnerships Korean blockchain developer WEMIX and Hub71, Abu Dhabi’s global tech ecosystem, have signed a memorandum of understanding (MoU) to create and accelerate growth opportunities for their respective portfolio companies and Web3 startups. As part of the partnership, WEMIX startups will have […]
Facing California’s Future of Flooding and Droughts
When Californians aren’t thirsting for water, they’re drowning in it. But experts see a way to navigate climate swings.Read More
The House Passed the Bill. Who Won?

President Biden both won and lost the debt-ceiling negotiation.Read More
Traders Unfazed by Potential OPEC Production Cuts
Oil prices have slid to a critical level for Saudi Arabia, setting up a showdown between the cartel and speculators.Read More
Claro Wellbeing Helps Raise Standards in Financial Services by Joining Consumer Duty Alliance
Claro Wellbeing, a financial wellness company, has announced it has become an affiliate member of professional body the Consumer Duty Alliance, to share and develop good practice in financial services and help raise industry standards. With fewer than 70 days to go until the Consumer Duty deadline on July 31, financial services firms must take steps […]
Conflict With the Far Right Shrouds Jerusalem’s Pride Parade

Much of Israel’s L.G.B.T.Q. community feels threatened by the right-wing government and its judicial overhaul plan — even with a gay speaker of Parliament.Read More
Millennials Are Not an Exception. They’ve Moved to the Right.

Over the last decade, almost every cohort of voters under 50 has shifted rightward.Read More
Talk of Racism Proves Thorny for G.O.P. Candidates of Color

As candidates like Tim Scott and Nikki Haley bolster their biographies with stories of discrimination, they have often denied the existence of systemic racism in America while describing situations that sound just like it.Read More
In the N.B.A. Playoffs, Flopping Is a Welcome Sideshow

Basketball stars from Nikola Jokic to Kyle Lowry are hamming up their reactions to even the slightest contact, writes our columnist. They could benefit from an acting lesson.Read More
The Nonstop Work of Ukrainian Air Defenses: ‘We Have No Days Off’

Russian air attacks on Kyiv have come in relentless waves. Yet very little has penetrated the patched-together but increasingly sophisticated air defense network. Here’s why.Read More