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BRICS expansion to a global community of security

Xi calls on BRICS countries to build global community of security for all.
Xi made the remarks while delivering a video address at the opening session of the BRICS Foreign Ministers' Meeting.
China proposes to start the BRICS expansion process, explore the criteria and procedures for the expansion, and gradually form a consensus.
Sources: english.news.cn

The largest Tax Relief Package in Florida

Florida governor announces new Florida tax holidays and exemptions.
Ron DeSantis Signed the Largest Tax Relief Package in Florida History.
Florida tax relief bill focuses on saving money for families with young children.
The tax relief bill will save Floridians an estimated $1.1 billion.
Sources: fox35orlando.com

Chinese, Russian payment systems consultations

Chinese and Russian central banks to discuss the use of national payment systems.
The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
Russian banks may issue cards with China as Visa, and Mastercard cut links.
The use of the Mir and China UnionPay national payment systems in both countries will be decided by the two sides' central banks at consultations.
Sources: reuters.com

Starlink is awesome for RV

Elon Musk's recent comment on Twitter:
Starlink is awesome for RV's, camping or any activity away from cities...
RV stands for Recreational Vehicle.
RV also stands for the Revaluation of currencies.
Ironically, Donald Trump made RV hints in a Rose Garden news conference in 2020, revealing he wants to drive around town in an RV, back to New York, with the First Lady, cracking jokes after forgetting what an RV is.
Sources: twitter.com, youtube.com

Gold Standard on Kremlin Desk

Russian president Vladimir Putin is discussing the idea of pegging the Ruble to gold And Commodities.
If approved this would directly link Russia's currency to gold bullion for the first time in more than a century.
Linking the ruble to bullion could give Russia more "sovereignty" over its financial system.
However, the governor of Russia's central bank, Elvira Nabiullina, told reporters the idea was "not being discussed in any way".
Full article: Reuters

Introducing the new global financial system

Answers provided by Sergey Glazyev, Russian Geoeconomics Tzar:
The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources.
And it will liberate the Global South from both western debt and IMF-induced austerity.
Transition to the new world economic order will likely be accompanied by systematic refusal to honor obligations in dollars, euro, pound, and yen.
In this respect, it will be no different from the example set by the countries issuing these currencies who thought it appropriate to steal foreign exchange reserves of Iraq, Iran, Venezuela, Afghanistan, and Russia to the tune of trillions of dollars.
Full article: Authored by Pepe Escobar via The Cradle

Russia calls on BRICS for economic integration

Russia calls on BRICS countries for tighter economic integration:
the use of BRICS currencies for export-import,
the integration of payment systems and cards,
their own financial messaging system,
and the creation of an independent BRICS rating agency,
according to Russian Finance Minister Anton Siluanov.
Source: www.reuters.com

Government documents from 2014 refer to XRP

The United States Government Accountability Office:
Other virtual currencies that have been created are not based on the bitcoin protocol.
One of the more prominent examples is XRP, which is used within a decentralized payment system called Ripple.
Ripple allows users to make peer-to-peer transfers in any currency.
A key function of XRP is to facilitate the conversion from one currency to another.
For example, if a direct conversion between Mexican pesos and Thai baht is not available, the pesos can be exchanged for XRP, and then the XRP for baht.
Source: www.gao.gov


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