BRICS currency officially announced
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Date: March 5, 2024
The Kremlin has announced the development of a blockchain-based payment system within the BRICS alliance.
Kremlin aide Yury Ushakov emphasized the importance of creating an independent BRICS payment system using modern tools like digital technologies and blockchain, aiming for convenience, cost-effectiveness, and non-political influence.
The focus for the year is to enhance BRICS's role in the international monetary system, with an emphasis on increasing settlements in national currencies and strengthening correspondent banking networks.
Work will continue on the Contingent Reserve Arrangement, particularly focusing on currencies other than the US dollar, as outlined in the 2023 Johannesburg Declaration.
Unrestricted cross-border payment system introduced by Russia
According to Russian Finance Minister Anton Siluanov, Russia is introducing a new payment system that is "bound by no restrictions" and will allow the use of digital currencies for international transfers.In the past, the Bank of Russia predicted that in five to seven years, the entire system of cross-border payments will undergo a transition and be based on national digital currencies.
Lebanon Cancels Central Bank Debts, Which is next?
Lebanon Recovery Plan Includes Central Bank Debt Write-Off, Haircuts to Depositors.The government foresees canceling a large part of the central bank's foreign currency obligations to commercial banks.
The plan includes several measures that are prerequisites to unlock funds from a preliminary deal with the IMF agreed in April.
Sources: usnews.com
Surrender deal reached? No more false flags
Why the September 18th rally, planned for months, did not turn into a false flag event against Patriots?In war, SURRENDER means: to give (oneself) up into the power of another especially as a prisoner; to capitulate.
Capitulate means: to stop fighting an enemy or opponent; to admit that an enemy or opponent has won; to surrender.
See: DOD LAW OF WAR MANUAL:
Chapter XII - Non-Hostile Relations Between Belligerents
Section 12.8 CAPITULATIONS - Negotiated Instruments of Surrender
Sources: t.me/WATN17, gesara.live
Donald Trump hints the gold standard again
Donald Trump is trying to tell us something about the return to the gold standard, citing an interesting section from the Constitution.He posted on his network an article of the Constitution that specifically talks about Gold & Silver Coin as legal tender.
Article I, Section 10, Clause 1:
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit;
make any Thing but gold and silver Coin a Tender in Payment of Debts;
pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
Posted on T.S., February 26.
Russia supports Saudi Arabia membership in BRICS
Russian President Vladimir Putin said on Thursday that he supports Saudi Arabia's possible accession to the BRICS group.Putin: Yes, we support. This requires a consensus of all countries.
Also, on 20 Oct, China voiced support for the expansion of BRICS membership after reports about Saudi Arabia showing its intention to join the group that presently comprises Brazil, Russia, India, China and South Africa.
Sources: see.news