Jubilee Call for Debt Relief Reaches the White House
Gesara.news » News » Jubilee Call for Debt Relief Reaches the White House
News Date: April 12, 2025
The U.S. Conference of Catholic Bishops and Jubilee USA Network urged President Trump to support global debt relief in a joint letter, citing the biblical Jubilee tradition of debt forgiveness. They argue that expanding debt relief stabilizes developing nations, boosts U.S. exports, and reduces domestic food and fuel prices. The letter, timed with a pause on new tariffs, praises Trump’s first-term debt relief efforts and frames the initiative as aligning with his “America First” agenda. While Trump hasn’t responded, the proposal’s economic benefits may appeal to him, though any commitment would likely hinge on clear U.S. advantages without straining resources.
Taiwan's Currency Backed by Gold Reserves: Central Bank
A central bank official announced on Friday that Taiwan holds around 422 tonnes of gold in reserve, managed by the Central Bank of the Republic of China (Taiwan) to support the national currency.Of this, 410 tonnes are dedicated to backing the issuance of New Taiwan dollars, while a smaller portion is used every four years to mint commemorative coins for the inauguration of the president and vice president.
As of the first quarter of 2024, Taiwan ranks 12th globally in gold reserves.
Despite a significant increase in gold's value since its purchase in the 1970s, the central bank is not buying or selling its reserves.
Taiwan's unrealized gain from these reserves is nearly NT$900 billion due to gold's appreciation.
Basel III and the Gold Standard
The manipulation of paper trading will be minimized with Basel III unallocated limit restrictions.Gold and silver prices are sure to rise in the run-up to full implementation of Basel 3 regulations as the metals become a risk-free tier 1 asset with liquidity equal to cash and financial establishments mandated to hold more physical leverage against debt.
Basel III implementation is just weeks away, ahead of the historic impact of unallocated position limit restrictions on the suppression of the gold and silver price.
Source: www.investing.com
Stellar reveals Financial Inclusion report
Stellar Development Foundation (SDF) released a whitepaper discussing the role of blockchain technology in facilitating financial inclusion.The whitepaper underscores the significance of financial services access for global financial inclusion, particularly in developing economies.
Despite advancements in digital payments, cash remains prevalent in emerging economies. Many unbanked adults still receive government and private-sector payments in cash, impacting financial inclusion.
It emphasizes digital payments as a pivotal entry point to formal economic participation. Despite the persistence of cash usage, transitioning to digital payments can encourage broader use of financial services.
The paper delves into the hurdles of cross-border payments and highlights blockchain's potential to address these challenges. It showcases blockchain's role in enabling secure, cost-effective transactions.
Additionally, it presents various applications of blockchain, such as facilitating cash-to-digital asset conversions, safeguarding against currency devaluation, and supporting humanitarian aid distribution.
While recognizing blockchain's promise for financial inclusion, the document emphasizes the necessity of balancing innovation with consumer protection, privacy, and financial education to ensure the creation of inclusive and secure financial systems.
Full report: stellar.org
TRUMPSARA: The Great Awakening?
Donald Trump Tweet: All-time Stock Market high. The Vaccine and the Vaccine rollout are getting the best of reviews. Moving along really well. Get those "shots" everyone! Also, stimulus talks looking very good.The Great Awakening?
The SHOT heard around the world?
The Vice Presidents vaccine event will take place at 8:00AM in EEOB 350 and will be covered by pool press only.
Gematria decode: Moderna Vaccine = Trumpsara
Stay Tuned!
Sources: twitter.com, twitter.com, www.gematrix.org
Gold is the future as inflation coming in hot
Federal Reserve Chairman Jerome Powell keeps telling us not to worry about rising prices, assuring us that any increase in price inflation is transitory. It appears most of the mainstream is buying this hook line and sinker.The collapse of fiat currencies will demolish the state theory of money, and not for the first time. Irrespective of how long it takes, the rapid loss of fiat currencies purchasing power means that governments will no longer be able to finance their obligations. There will, therefore, come a point where fiat money must be abandoned in the search for monetary stability. The demise of fiat is the demise of state money and the function of its replacement will be to restore public trust.
The replacement money can only be based on something in governments possession. And either in their treasury departments or central banks, other than each others fiat they only possess gold in their monetary reserves.
Sources: kingworldnews.com, schiffgold.com


