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BRICS Common Currency report

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News Date: May 20, 2023

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.

Peace Prevails in The Golden Age

🕊️Recent diplomatic engagements between the United States and Iran in Rome have shown “encouraging progress”, entering a new phase of expert-level collaboration aimed at advancing mutual understanding and cooperation.
Aligned with the spirit of GESARA and the dawning Golden Age, global dynamics are shifting from confrontation to communication. As nations embrace constructive dialogue, the vision of a harmonious and united future becomes more tangible. ☮️
In parallel, official sources have announced plans to gradually scale back certain overseas operations—highlighting a broader international trend toward de-escalation and peaceful transition.
According to NESARA principles, all aggressive actions are to be ceased, promoting global stability and well-being for all.
The next stage of the dialogue is scheduled for Wednesday in Oman.
Stay tuned for more updates as this peaceful transformation continues to unfold.

Global political, economic, and financial restructuring

BRICS summit to discuss restructuring global political, economic architecture: S. African official.
A senior South African official said Tuesday that the BRICS summit to be hosted by the country this year will discuss how to restructure the global political, economic and financial architecture.
The 15th BRICS summit will take place this year in late August in South Africa's Durban.
Source: en.people.cn

EO on the National Quantum Initiative Advisory Committee

Donald Trump signed an Executive Order on Establishing the National Quantum Initiative Advisory Committee at White House, August 30, 2019.
Quantum Information Science (QIS) is an emerging field with the potential to cause revolutionary advances in fields of science and engineering involving computation, communication, precision measurement, and fundamental quantum science.
Sources:www.whitehouse.gov, en.wikipedia.org

US Rep Calls for Abolishing Income Tax

Rep. Thomas Massie posted on February 24 that the federal income tax was unconstitutional for much of U.S. history and called for its repeal.
Massie: "The federal income tax was unconstitutional for most of our county???s existence.
The founders of this country would have never agreed to it.
We should repeal it."

Central banks chiefs out

With Angela Merkel on her way out as Chancellor, her former chief economic advisor, Jens Weidmann, announced plans to step down at the end of the year as head of Germany's Bundesbank after a decade at the helm of the national central bank.
Dallas Fed President Kaplan and Boston Fed President Eric Rosengren To Retire After Ethics Issue.
Former Iranian Central Bank Chief Handed 10-Year Prison Sentence.
Slovakia's central bank chief and European Central Bank governing council member Peter Kazimir has been charged with corruption.
Philippine central bank Governor Benjamin Diokno said he is with "team transitory" and that it is more prudent for the country to delay monetary tightening.
The Turkish lira hit a record low overnight after President Recep Tayyip Erdogan ordered a new round of dismissals at the country's central bank.
So, central bank are starting to worry. They were wrong about inflation because they were wrong about supply chains, and they were perhaps wrong about labor markets, which they had just taken years to learn had no serious bargaining power.
To be continued... Stay Tuned!.
Sources: www.cnbc.com ,gesara.news

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