Trump:The biggest thing that nobody knows about on January 1st
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News Date: September 12, 2020
Many are speculating that on January 1st, Donald Trump will be having the U.S to return to the gold standard, something he is publicly supported for many years.
"This is going to be the biggest thing that nobody even knows about, and it is all signed."
Sources:twitter.com
Congress letter to encourage the Treasury to utilize blockchain and DLT
Eleven members of Congress are calling on the U.S. Treasury Department to look at new technologies, including blockchain and distributed ledger technology (DLT), to help streamline how cash and supplies are distributed under a federal law trying to boost the economy during the COVID-19 crisis.Source:coindesk.com
Trump Promotes New DeFi Platform
September 16 update:The World Liberty Financial team announces that, despite the unsettling events of yesterday, Donald Trump will proceed as scheduled (8 PM EST) to unveil the Make Finance Great Again plan on his channels.
Older news:
Donald Trump recently promoted a new crypto platform called 'The Defiant Ones', developed by the Trump Organization, on social media.
Addressing his followers, Trump criticized big banks and financial elites, urging Americans to 'take a stand together.'
This marks the first time Trump has publicly endorsed the upcoming digital bank, which has yet to be activated.
Donald Trump on social media:
"For too long, the average American has been squeezed by the big banks and financial elites.
It's time we take a stand-together. #BeDefiant t.me/defiant1s"
Australian PM plans tax cuts
Prime Minister Anthony Albanese has announced plans to introduce legislation next week, promising tax cuts for every Australian taxpayer.He emphasizes the urgency of passing the legislation promptly to facilitate a smooth transition for both employers and the tax office.
"This is legislation which will give every taxpayer a tax cut and it should receive the support of every parliamentarian," he told ABC's Insiders on Sunday.
Debt relief for middle-income countries
The President of the UN General Assembly advocates for debt relief for middle-income nations.Csaba Korosi, president of the UN General Assembly, called for debt relief and fair access to new technology for middle-income nations on Thursday.
He stated at a high-level meeting of the General Assembly on middle-income countries that the 110 middle-income countries, which make up roughly one-third of the global GDP and three-quarters of the world's population, are the main forces behind global development.
BRICS Common Currency report
The planned BRICS cross-border currency is an important step in challenging the dominance of the U.S. dollar, according to Zhou Yu, director of international finance Research at the Shanghai Academy of Social Sciences, revealed a recent report from China's Global Times.Zhou states that the recent moves to support local currency settlement have given the BRICS countries a competitive advantage in reducing the dominance of the dollar in international trade.
Iran, Argentina, Saudi Arabia, Turkey, and Egypt are among the potential countries to join and adopt the BRICS currency in 2023.


