Get in touch
555-555-5555
mymail@mailservice.com

10 Street Name, City Name
Country, Zip Code
Follow us

Contact Us

objective-wire.org


Swift Payments Partners with Hedera HBAR

March 3, 2025

SWIFT, which stands for Society for Worldwide Interbank Financial Telecommunication, plays a pivotal role in the global financial ecosystem, enabling institutions to conduct cross-border payments and manage transactions smoothly.


Hedera Hashgraph, on the other hand, represents a next-generation blockchain technology that offers a decentralized public network designed to provide fast, fair, and secure digital transactions.


The partnership between SWIFT and Hedera blockchain technology heralds a new era of financial innovation aimed at enhancing cross-border payment efficiencies. By leveraging Hedera's advanced technology, SWIFT aims to explore more robust, secure, and high-speed solutions for international financial transactions, benefiting financial institutions and their customers worldwide.


The Strategic Importance Of The Partnership


By aligning with Hedera, SWIFT, the global leader in secure financial messaging services, is positioning itself at the forefront of emerging technologies that are redefining the banking and financial landscapes. Hedera’s blockchain technology offers unparalleled security, speed, and efficiency, which are crucial in handling the massive volume of transactions SWIFT processes daily.


This collaboration is likely to enhance the robustness and reliability of SWIFT's services by leveraging Hedera's highly secure and tamper-proof distributed ledger technology, drastically reducing the risk of fraud and cyberattacks.


By integrating these innovative solutions, SWIFT can meet the increasing demands of its global customer base, ensure compliance with evolving regulatory requirements, and maintain its competitive edge in the digital economy. This partnership underscores a mutual commitment to innovation, security, and the future of financial transactions.


How Swift Payments Intends To Integrate Hedera’S Technology


Swift Payments intends to integrate Hedera’s blockchain technology to enhance the efficiency, speed, and security of its global payment processing and settlement operations.

At the core of this integration is the utilization of Hedera’s distributed ledger technology, which is known for its high throughput and low latency. Swift is looking to leverage Hedera’s hashing algorithm to facilitate faster transaction validations and settlements across its network, which spans financial institutions worldwide.


This collaboration aims to address the current limitations in cross-border payments, such as delays and high costs, by providing a more streamlined and transparent system.

Central to Swift’s strategy is the implementation of Hedera’s consensus service to ensure immutability and transparent recording of transactions. This feature will enable financial institutions to access a shared, tamper-proof ledger, thus significantly reducing the risk of fraud and errors. Additionally, with its inherent capacity for handling thousands of transactions per second, Hedera’s platform aligns with Swift’s need for scalability to support the vast number of transactions processed daily.


The integration will also focus on improving compliance with regulatory standards by utilizing the traceability offered by distributed ledger technology.


This can assist in anti-money laundering efforts and ensure that all transactions are conducted within a secure framework. Through these steps, Swift aims to modernize its infrastructure and maintain its position as a leader in the financial payments arena.


Expert Opinions On The Swift-Hedera Collaboration


The collaboration between Swift, the financial messaging giant, and Hedera, a leading blockchain platform, has captured the attention of experts across the financial and technological sectors.


This could address ongoing concerns over fraud and compliance in international transactions, potentially setting new standards in financial accountability.

On the other hand, some experts caution about the integration challenges that might arise from merging traditional financial systems with newer blockchain models. They emphasize the need for robust regulatory frameworks to ensure that such collaborations comply with international financial regulations. Despite these challenges, the consensus remains optimistic.


Future Prospects And Implications For Global Transactions


As Swift, a dominant incumbent in the financial messaging network, integrates with Hedera’s advanced distributed ledger technology, we anticipate a future where transactions can be executed with enhanced speed, security, and cost-efficiency.


By leveraging Hedera’s technological infrastructure, Swift can facilitate seamless integration of digital currencies and tokenized assets into mainstream financial operations, fostering innovation in financial products and services.


This move could democratize access to global markets, allowing smaller enterprises and emerging economies to participate more actively and competitively in international trade.


Additionally, the increased efficiency and transparency inherent in blockchain technology could enhance regulatory compliance and oversight, building trust among users and regulatory bodies alike.



By STAFF WRITER April 9, 2025
Trump Drops Tariffs to 10% Universally Except China for 90 Days On April 09, 2025, the Trump administration unveiled a bold adjustment to U.S. trade policy, reducing tariffs to a universal rate of 10% for all countries except China for a 90-day period. This temporary shift marks a significant departure from previous trade measures, aiming to ease tensions, stimulate economic activity, and recalibrate global trade relationships. Below, we explore the details, implications, and reactions to this unexpected policy pivot. Key Details of the 10% Tariff Rate The new 10% universal tariff applies to imports from nearly all countries, creating a simpler and more predictable trade framework. Previously, tariffs varied widely, often exceeding 25% for certain nations and goods. This reduction is expected to lower costs for U.S. businesses and consumers, offering relief from the higher duties imposed during earlier Trump-era trade policies. The policy’s 90-day timeline positions it as a trial period, allowing the administration to assess its impact on trade flows and diplomatic ties. While it signals an openness to negotiation with most trading partners, the exclusion of China highlights a deliberate strategy to maintain leverage in ongoing economic rivalry. Why China Remains Excluded China’s exemption from the tariff reduction underscores the deep-seated tensions in U.S.-China trade relations. The administration continues to cite concerns over intellectual property theft, forced technology transfers, and trade imbalances as justification for keeping higher tariffs in place. This exclusion reinforces Trump’s long-standing approach of using tariffs as a tool to pressure Beijing into addressing these issues. By singling out China, the U.S. aims to sustain economic leverage while inviting other nations to deepen trade ties. The move could accelerate negotiations with China or prompt retaliatory measures, further shaping the global trade landscape. Economic Impacts of the Tariff Shift The temporary 10% tariff rate carries significant economic implications. For U.S. consumers, lower import costs could ease inflationary pressures, making goods more affordable in the short term. Businesses importing from affected countries may see reduced expenses, potentially boosting profitability or enabling price cuts. Globally, the policy could spur increased trade with the U.S., as nations take advantage of lower barriers to access the American market. This might encourage supply chain diversification away from China, aligning with broader U.S. goals. However, the temporary nature of the reduction introduces uncertainty, with businesses and governments eyeing the 90-day window as a test of future trade stability. How Affected Countries Are Responding Reactions to the tariff drop vary widely. European nations, such as Germany, have welcomed the reduction, seeing it as a lifeline for industries like manufacturing. Emerging economies in Latin America and Southeast Asia view it as a golden opportunity to expand their U.S. market share, free from the burden of higher tariffs. Closer to home, Canada and Mexico have expressed mixed feelings. While the lower rate offers immediate relief, both countries worry about the lack of long-term certainty, complicating investment decisions. Meanwhile, China has condemned the exclusion as an attempt to isolate it economically, pledging to defend its interests through dialogue or counteractions. What Lies Ahead: Beyond the 90 Days The next three months will serve as a proving ground for this tariff experiment. If the policy drives economic growth and strengthens trade ties, pressure could mount to extend or even formalize the 10% rate. Success might also pave the way for selective tariff adjustments, targeting key industries or incorporating new trade standards on labor and the environment. China’s response will be a critical factor. Escalation or concessions from Beijing could influence whether this temporary measure evolves into a broader trade strategy. As the clock ticks, the administration will weigh economic data and international feedback to determine the policy’s future, potentially reshaping global trade for years to come. This 90-day tariff reduction reflects a calculated blend of diplomacy and economic strategy, offering a glimpse into the Trump administration’s evolving approach to international trade. Whether it’s a short-lived reprieve or the start of a new chapter remains to be seen.
By STAFF WRITER April 2, 2025
Supplemental Nutrition Assistance Program (SNAP) Relationship with Soda The Supplemental Nutrition Assistance Program (SNAP), also known as the Food Stamp Program, stands as a pivotal federal initiative in the United States designed to combat hunger and enhance nutrition for low-income individuals and families. However, with that being said, have they lost the plot? Participants receive benefits via an Electronic Benefit Transfer (EBT) card, functioning similarly to a debit card, which allows them to buy eligible food items at authorized retailers. Spending Patterns: Soda Purchases Under SNAP - Prevalence and Scale of Soda Spending A notable aspect of SNAP spending behavior is the significant allocation of benefits toward soda purchases, with approximately $2 billion spent annually on sugary drinks. This figure highlights broader trends in consumer behavior among SNAP recipients and raises questions about the program’s impact on nutrition. Sugary beverages, such as soda, represent a substantial portion of SNAP expenditures, reflecting both economic realities and personal preferences within low-income communities. -> 2 billon Dollars of tax payer money spent on soda of Soda Consumption Several factors contribute to this spending pattern. Economic limitations often push families toward affordable, calorie-dense options like soda, which provide immediate energy and a sense of fullness at a low cost. Aggressive marketing by soda companies, frequently targeting demographics that overlap with SNAP users, further amplifies this trend. The widespread availability of sugary drinks in convenience stores and supermarkets, locations often more accessible to low-income households than fresh produce markets, also plays a key role. Additionally, an emotional dimension exists: amidst financial strain, soda can serve as an affordable indulgence or source of comfort, offering temporary relief from stress. Perspectives on Spending Choices: Dental health also suffers, as soda’s sugar content promotes cavities and tooth decay, leading to costly treatments that further strain limited finances. These health challenges not only diminish quality of life but also increase public healthcare expenditures, highlighting the need for strategies to curb soda consumption and improve dietary habits among SNAP participants. Economic Implications of Soda Purchases in SNAP Budget Allocation and Nutritional Efficiency The $2 billion annual expenditure on soda within SNAP has significant economic ramifications. This allocation diverts a notable portion of the program’s budget—intended to enhance food security and health—toward items with minimal nutritional value. Such spending raises questions about SNAP’s effectiveness in fulfilling its core objectives, prompting scrutiny of how funds could be better directed to support healthier diets. Health Consequences of Soda Consumption Among SNAP Recipients: Chronic Disease Risks Beyond the immediate budgetary impact, soda purchases contribute to broader economic challenges. High consumption of sugary drinks is strongly linked to health issues like obesity, type 2 diabetes, and heart disease, conditions that disproportionately affect low-income populations reliant on SNAP. These diet-related illnesses drive up healthcare costs, placing additional strain on public resources. As treatment expenses escalate, the economic burden intensifies, creating a feedback loop that undermines both individual well-being and systemic efficiency. The purchase of soda with SNAP benefits also supports industries that do not align with the program’s health-focused mission. High soda consumption among SNAP beneficiaries carries profound health implications. Regular intake of sugary drinks is a well-documented risk factor for obesity, type 2 diabetes, cardiovascular disease, and dental decay. For low-income individuals who may already face barriers to healthcare and balanced nutrition, these risks are particularly acute, amplifying existing disparities in health outcomes. Dental and Economic Burdens Policy Debate: Restricting Soda Purchases in SNAP Arguments for Restrictions The use of SNAP benefits to buy soda has ignited a contentious policy debate. Advocates for restrictions argue that a taxpayer-funded program should prioritize nutrition and public health over unrestricted choice. With diet-related diseases straining healthcare systems, they contend that permitting soda purchases contradicts SNAP’s purpose, proposing that limiting such items could redirect spending toward healthier options and reduce long-term health costs. Balancing Health and Freedom: The debate hinges on whether SNAP should prioritize public health or individual liberty. While restrictions could improve nutritional outcomes, they risk alienating beneficiaries and complicating program management. This tension underscores the need for nuanced solutions that address health concerns without compromising dignity or feasibility. SNAP remains a cornerstone of America’s efforts to combat food insecurity, yet its allowance of soda purchases reveals complex challenges at the intersection of nutrition, economics, and personal freedom. The $2 billion spent annually on sugary drinks highlights tensions between the program’s goals and its real-world outcomes, from health disparities to economic inefficiencies.
By STAFF WRITER March 31, 2025
USIP Denies DOGE Efforts to Review Financials The U.S. Institute of Peace (USIP), a federally funded nonprofit established to promote conflict resolution and peacebuilding, has been thrust into chaos as its newly appointed Acting President, Kenneth Jackson, resists yielding control following a dramatic takeover orchestrated by the Trump administration and Elon Musk’s Department of Government Efficiency (DOGE). In the past five years, the USIP's budget has grown from $39 million in fiscal year (FY) 2017 to $55 million in FY 2024. How that budget is ... ( source ) This upheaval culminated in a late-night email on March 29, 2025, laying off nearly all of USIP’s U.S.-based staff. G eorge Moose Rise and Refusal to Yield Kenneth Jackson, a State Department official with a background at USAID, was thrust into the spotlight on March 14, 2025, when three remaining USIP board members, Defense Secretary Pete Hegseth, Secretary of State Marco Rubio, and National Defense University President Peter Garvin, appointed him Acting President. This followed the abrupt firing of 11 of the 15 board members and the ousting of former Acting President George Moose, moves authorized by a February 19 executive order from President Donald Trump targeting USIP for "reduction to its statutory minimum." see gov statement Jackson’s tenure began with confrontation. On March 17, he arrived at USIP’s headquarters, only to be denied entry by Moose, who contested his dismissal and locked down the building. With D.C. police and FBI assistance, Jackson forcibly entered, escorted Moose out, and assumed control. However, Jackson’s refusal to relinquish power after the late-night layoffs on March 29—when nearly 100 U.S.-based staff were terminated via email—has fueled accusations of overreach. Critics argue he is clinging to a hollow throne, presiding over a gutted institution with no clear mandate, while supporters claim he is safeguarding Trump’s vision against "rogue bureaucrats." The Trump/Musk Shutdown: DOGE’s Role and the Late-Night Email The shutdown of USIP reflects a broader Trump administration agenda, amplified by Elon Musk’s DOGE, a controversial entity tasked with slashing government inefficiencies. Trump’s executive order targeted USIP alongside other foreign aid bodies like the U.S. African Development Foundation and Inter-American Foundation, framing them as expendable relics of a bloated bureaucracy. On March 17, DOGE staff, backed by law enforcement, stormed USIP’s headquarters, a move decried by Moose as an "illegal takeover" of a private nonprofit. Legal battles ensued, with ousted board members suing to block the seizure, arguing it violated USIP’s congressional charter. U.S. District Judge Beryl Howell, while "offended" by DOGE’s "abominable" tactics—including threats and armed intimidation—denied a temporary restraining order on March 19, citing insufficient evidence of irreparable harm and ambiguity over presidential authority. USIP: A Legacy Unraveled USIP’s downfall highlights the inherent vulnerabilities of nonprofits operating at the nexus of public funding and private autonomy. Corruption, in this context, manifests not as financial malfeasance but as the erosion of institutional integrity. Critics argue that Jackson’s appointment and DOGE’s takeover represent a politicization of a nonpartisan mission ( how ever this is complete projection of the left agenda) Former board members, like ex-Ambassador John Sullivan, decry a "lawless assault," while Moose laments the loss of a symbol of American peacebuilding. HISTORICAL FOUNDATIONS OF THE U.S. INSTITUTE OF PEACE Founded in 1984 under President Ronald Reagan, USIP emerged from a congressional vision to counter Cold War tensions with a dedicated body for peace research and diplomacy. Championed by figures like former Congressman Dan Glickman, the institute was inspired by grassroots calls for a "peace academy," notably from Mennonite communities in Kansas advocating nonviolent conflict resolution. Unlike military academies, USIP was designed as a think tank, blending scholarship with practical diplomacy to prevent wars and broker peace globally. Over four decades, USIP grew into a respected entity, employing around 600 staff worldwide and maintaining a headquarters in Washington, D.C., near the State Department. Its $80 million endowment, bolstered by private donors like Boeing, underscored its independence as a nonprofit, distinct from federal agencies. Board members, appointed by the president and confirmed by the Senate, ensured bipartisan oversight, while its mission—to project American values through "soft power"—aligned with efforts like USAID and the Voice of America. Yet, this independence has become a double-edged sword. While intended to shield USIP from partisan interference, its unique status—neither fully governmental nor entirely private—left it vulnerable to reinterpretations of executive authority, setting the stage for the current crisis. INEVITABLE CORRUPTION The President's refusal to cede power, amid the Trump/Musk-orchestrated shutdown, marks the unraveling of a 41-year legacy. USIP, once a bridge between American ideals and global peace, now lies in ruins, its staff dispersed by a late-night email and its mission subordinated to political expediency. Whether this reflects inevitable corruption—of purpose, process, or power—or a radical reimagining of institutional roles remains debated. As the dust settles, the U.S. Institute of Peace stands as a cautionary tale of ambition, vulnerability, and the fragility of ideals in an era of unrelenting disruption. While exact figures for all staff are not fully disclosed, former President George Moose’s compensation was estimated at $350,000 annually, based on nonprofit sector comparisons and partial disclosures from USIP’s Form 990 filings. Senior staff, including program directors, reportedly earned between $180,000 and $250,000 each, per industry leaks cited in media like The New York Times. Board Member Compensation: Board members, including high-profile figures like Kerry Kennedy (RFK’s sister), received stipends estimated at $50,000 to $75,000 annually for part-time roles, according to X posts from @JohnLeFevre
By STAFF WRITER March 27, 2025
According to the Harvard Crimson , the pandemic of 2020 has significantly disrupted education worldwide, deeply affecting students' learning experiences, especially in mathematics. The resulting "learning loss" has had a profound impact on math proficiency, with students falling behind at alarming rates. According to the National Assessment of Educational Progress (NAEP), math scores for eighth graders dropped 8 points from 2019 to 2022, with only 26% achieving proficiency in 2022 compared to 34% pre-pandemic—a level not seen since 2000. These gaps threaten long-term academic trajectories, career opportunities and are apparently evident at the collage level even at ivy league schools. As schools shifted to remote and hybrid learning, students encountered obstacles like unreliable internet access, limited personal interaction, and distractions at home. Harvard's Initiative Of The New Course Remedial Math Course -- Harvard University has taken proactive measures to bridge the learning gaps experienced by many students during this time. This course is structured to offer a comprehensive yet accessible mathematical curriculum. It focuses on critical areas of mathematics that were particularly affected during the pandemic, such as algebra, geometry, and basic calculus. Adapting To Students' Needs | Remedial Math Course for Harvard Students By addressing both foundational knowledge and broader cognitive skills, Harvard aims to mitigate the pandemic's educational impact and foster a generation of students well-prepared for future academic endeavors and challenges. The course also emphasizes collaborative learning, where students team up in small groups to tackle challenging problems. This approach builds a supportive community while sharpening critical thinking and communication skills through peer interaction and shared problem-solving. Interactive Workshops: Weekly hands-on sessions allow students to explore mathematical concepts through guided activities, reinforcing theoretical knowledge with practical application. Mentorship Program: Upperclassmen and graduate students serve as mentors, offering additional guidance and fostering connections that ease the transition into college-level math. To make learning more dynamic, the course leverages virtual reality simulations and gamified environments, bringing abstract math concepts to life in an interactive way. Feedback from students and educators regarding Harvard's new introductory math course designed to address pandemic learning loss has been predominantly positive, highlighting both the challenges and successes of the program.
Show More


"Trump plans to visit Helene-ravaged Western NC as part of first trips of second term." aol.com, 21. Jan. 2025, https://www.aol.com/trump-plans-visit-helene-ravaged-175144447.html. Accessed 22. Jan 2025.


"President Trump to visit WNC on Friday to assess post-Helene recovery efforts." fox28savannah.com, 21. Jan. 2025, https://fox28savannah.com/news/nation-world/president-donald-trump-visit-western-north-carolina-new-york-post-friday-assess-post-hurricane-helene-recovery-efforts-four-months-later. Accessed 22. Jan 2025.



"Trump to visit western North Carolina in first week back in office." wral.com, 21. Jan. 2025, https://www.wral.com/story/trump-to-visit-western-north-carolina-in-first-week-back-in-office/21819045/. Accessed 22. Jan 2025.




share this

STAY UP TO DATE

GET Objective LATEST

Receive Objective Media Updates, and get a heads up on the reality we love.

Contact Us

Share by: