Banking for All Act

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News Date: August 18, 2020

S.3571 - Banking for All Act
To require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.
Member banks shall open and maintain pass-through digital dollar wallets for all persons, including persons eligible to receive payments from the United States pursuant to a Federal law relating to the coronavirus disease 2019 (COVID-19), who elect to deposit funds into pass-through digital dollar wallets.
Source:www.congress.gov

BRICS trade has grown remarkably

The BRICS group witnessed a remarkable surge in their trade activities over the five-year period from 2017 to 2022.
According to a report by Bloomberg, these nations collectively bolstered their economic ties and achieved a staggering 56% growth in their trade volumes during this period.
This significant increase underscores the growing economic significance of this influential bloc on the global stage.
In the year 2022, the combined trade turnover among the BRICS nations reached an impressive milestone, amounting to a staggering $422 billion.
This substantial figure demonstrates the remarkable economic prowess and potential of the BRICS group, solidifying its status as a major player in the international trade landscape.
In a recent statement, Russian President Vladimir Putin argued that the BRICS group has already surpassed the G7 nations in terms of the purchasing power parity (PPP) of their populations.
This claim highlights the rising economic strength and consumer power of BRICS countries, potentially reshaping the global economic landscape and challenging the traditionally dominant position of the G7.

Debt Jubilee by Trump pick to lead World Bank

President of the WorldBank Group remarks to G20 Finance Ministers & Central Bank Governors I emphasized the need for further progress on:
1. Debt Suspension;
2. Debt Reduction;
3. Debt Resolution;
4. Debt Transparency.
The situation in developing countries is increasingly desperate. Time is short. We need to take action quickly on debt suspension, debt reduction, debt resolution mechanisms and debt transparency.
WASHINGTON, July 18, 2020
Full remarks here:www.worldbank.org
US President Donald Trump has nominated David Malpass as his pick for the next World Bank president:
Source:www.whitehouse.gov

Loan relief for U.S. farmers has begun

U.S. farmers receive nearly $800 mln in loan relief from agriculture agency.
USDA provides nearly $800 million in loan relief, more aid to come.
More than 13,000 financially distressed U.S. farmers and ranchers with qualifying loans have received nearly $800 million in assistance.
Sources: reuters

Gold demand as a store of value

Central Banks Buying Gold Could Be Catalyst for $3,000 Gold Price.
They have been net buyers of the yellow metal since 2010.
In the first quarter of 2022, they bought gold again, 84 tonnes of it.
Gold Price Analysis: XAUUSD to be in demand as a store of value given record inflation.
Economists expect the yellow metal to remain resilient as Eurozone inflation is set to hit a new record.
Sources: lombardiletter.com, www.fxstreet.com

Executive Order related to NESARA

Executive Order on Establishing the Presidents Advisory 1776 Commission.
The American founding envisioned a political order in harmony with the design of the Laws of Nature and of Natures God, seeing the rights to life, liberty, and the pursuit of happiness as embodied in and sanctioned by natural law and its traditions.
This Executive Order was issued on 2nd Nov, the day before the election. Looks like Trump enacted NESARA 120 days from there, under the guise of an educational executive order.
Sources: www.whitehouse.gov