Bank Collapse In China! Preparing For Cut Off From SWIFT
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News Date: July 13, 2020Chinese banks will be sanctioned by the United States and this means that they will be cut from accessing some privileges in the financial world.
If China will be cut out of the SWIFT or denied access to US dollars, bank runs will be the new normal in China and the Chinese economy will suffer permanent damage.
Source: www.youtube.com
Zimbabwe ready to dump US dollar
Zimbabwe Must Revert to Using Own Currency, Ruling Party Says.ZANU PF National spokesperson Christopher Mutsvangwa says the country will soon dump the American dollar in favor of the local currency, Zimdollar.
He said abolishing the multi-currency would help Zimbabweans get value for their money.
Sources: zwnews.com
Student debt relief announcement
The Biden administration is canceling up to $20,000 in student debt for Pell Grant recipients, up to $10,000 for individual borrowers who make under $125,000 per year, and extending the pause on repayments by four months, the White House announced on Wednesday.Sources: axios.com
Putin vows development, security and a strong monetary system
Russian President Vladimir Putin said the motto of Russia's 2024 BRICS chairmanship is 'strengthening multilateralism for equitable global development and security', focusing on positive and constructive cooperation with all countries involved.Moscow intends to strengthen BRICS's position in the global monetary system, Putin added Monday at the beginning of 2024 BRICS chairmanship:
'We will contribute to the practical implementation of the Strategy for BRICS Economic Partnership 2025 and the Action Plan for BRICS Innovation Cooperation 2021-2024 for ensuring energy and food security, enhancing the role of BRICS in the international monetary system, expanding interbank cooperation and expanding the use of national currencies in mutual trade.'
Space Force Supra Coders
The first 15 Supra Coders are already empowering the Space Force to be a lean and agile service by making improvements to processes, and developing new software for Guardians across the Space Force.Supra Coders fix space software problems on the fly.
A new Supra Coder program within Space Operations Command deltas, Space Force's tactical-level units, provides software coding training for space operator Guardians so they can fix software issues quickly without having to wait for contractors or software experts.
Sources: www.spoc.spaceforce.mil