BRICS Launches BRICS Pay System
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Date: October 25, 2023
BRICS has unveiled BRICS Pay, a new payment platform developed over the past few years.
This system is designed to boost trade and financial transactions within the bloc, emphasizing the use of national currencies over the US dollar.
BRICS Pay aims to streamline cross-border transactions, reduce exposure to currency exchange risks, and enhance the financial independence and stability of its member countries, marking a significant step in challenging the dollar's dominance on the global stage.
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.
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Sources: lombardiletter.com, www.fxstreet.com
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Source: fxstreet.com
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Japanese company successfully tested a manned flying car for the first time.Sky Drive Inc., a Toyota-backed start-up with a mission for developing flying cars, has conducted the public demonstration on August 25, manned test flight of one its aerial vehicles after years of work. The SD-03, with its glossy white exteriors and sleek aerodynamic body, flew around Toyota Test Field, showing the world that such a thing as flying cars can exist beyond fantasy and fiction.
Sources:https://hypebeast.com
Craft using an inertial mass reduction device Patent US10144532B2
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Sources:patents.google.com
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Sources: reuters.com