Alaska Summit – The Calm Before the Storm

Gesara.news » » Alaska Summit – The Calm Before the Storm

Share via:

Date: August 14, 2025

🌍 August 16, 2025: Trump posted: Talks with Putin, Zelenskyy & NATO leaders went very well. All agreed peace — not just ceasefire — is the goal. Zelenskyy visits the Oval Office Monday, then possibly Putin. Millions of lives could be saved.
August 15: Anchorage becomes the stage for one of the year’s most high-stakes meetings. Trump and Putin face-to-face… but the real agenda goes far beyond Ukraine.
⚡ Whispers speak of economic breakthroughs, territorial shifts, and strategic resource deals that could redraw the world map.
🗣 Trump has already raised expectations, suggesting there’s a 75% chance this meeting with Putin could be a success.
🕰 Allies hold their breath. Rivals sharpen their moves. The question is no longer if change is coming… but how deep it will cut.
💬 Stay tuned — updates will follow as the summit unfolds.

Mississippi to Phase Out Income Tax Under New Law

Mississippi Governor Tate Reeves has officially signed a bill into law that sets the state on a path to phase out its income tax. The legislation, a major victory for conservative economic policy, aims to gradually reduce and eventually eliminate personal income tax in the state, making Mississippi one of the few states without such a levy.
Supporters argue that the move will attract businesses, boost economic growth, and put more money into the hands of residents. Opponents, however, warn that eliminating the tax could strain state revenues, potentially affecting funding for education, infrastructure, and public services.
Gov. Reeves hailed the decision as a step toward greater financial freedom, emphasizing Mississippi's commitment to lower taxes and a pro-business environment. The phase-out plan will occur over several years, with incremental reductions to ensure a smooth transition.
Mississippi now joins a growing number of states pursuing aggressive tax-cutting measures, reflecting a broader national debate over taxation and economic policy.

Blockchain Council Pioneers Blockchain-Based Voting Systems

🗳️🔗 As the world moves toward digital transformation, Blockchain Council is developing blockchain-based voting systems designed to ensure high levels of security, transparency, and accessibility in elections.
These systems aim to modernize the voting process by providing faster results, verifiable records, and broader access—especially for remote or underserved communities. With ongoing pilot programs across the globe, blockchain is quickly becoming a trusted technology in the evolution of digital voting.
For professionals interested in election technology, governance, or innovation, now is the perfect time to explore certifications in blockchain, data science, or emerging tech fields.
Based in California, Blockchain Council is a community of tech pioneers committed to advancing practical applications of Blockchain, AI, and Web3, building a smarter and more secure digital future. 🌍

Russia, China switch to national currencies

Russia and China switch to settlements in national currencies for energy supplies.
Russia, China switch to national currencies in payments for gas, says a senior official.
Russia, China also actively switching to national currencies for payments of oil supplies, and products, says the deputy prime minister.
Sources: aa.com

Rupee-Riyal trade, UPI payment system

India, Saudi Arabia discuss Rupee-Riyal trade, UPI payment system.
India and Saudi Arabia have discussed the possibility of starting a rupee-riyal trade as part of efforts to boost economic ties between the nations, the Indian government said in a statement on Monday.
Sources: indiatimes

Basel IV Regulations Impact for Banking Industry

Basel IV Rules Will Arrive and Complicate Bank Lives Even Further.
New Banking Rules Will Tighten Credit Standards, according to Morgan Stanley.
According to Morgan Stanley analysts, the Fed will issue new bank capital regulations between late May and early July, which will be followed by a comment period and a final rule that will be implemented gradually between 2025 and 27.
For their US Large-Cap Banks coverage, they anticipate that the implementation of this Basel IV, often known as the 'Basel III Endgame,' will result in increased risk-weighted assets (RWAs) and capital requirements, with a focus on Global Systemically Important Banks (GSIBs).
The name 'Basel' comes from the city of Basel in Switzerland, where the Basel Committee on Banking Supervision was established in 1974.
The committee is made up of representatives from central banks and regulatory authorities from around the world, and its primary goal is to promote international financial stability by developing and promoting supervisory standards and guidelines for the banking industry.