Russia calls on BRICS for economic integration

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News Date: April 9, 2022

Russia calls on BRICS countries for tighter economic integration:
the use of BRICS currencies for export-import,
the integration of payment systems and cards,
their own financial messaging system,
and the creation of an independent BRICS rating agency,
according to Russian Finance Minister Anton Siluanov.
Source: www.reuters.com

Malaysia is exploring the adoption of the gold dinar

Malaysia is actively exploring the adoption of the gold dinar as a reserve currency, with Prime Minister Datuk Seri Anwar Ibrahim announcing this initiative in the Dewan Rakyat, the lower house of parliament.
An upcoming meeting on Islamic economics and finance in December will serve as a key platform for discussing and evaluating the feasibility and benefits of introducing a gold-backed currency.
This endeavor reflects Malaysia's commitment to sound economic management and its respect for Islamic financial traditions, with potential implications for both domestic and international financial systems.

Biden cited Republicans: Trump is still President

Biden at the 10-year anniversary of the Martin Luther King, Jr. memorial:
It's something like 20 percent of the Re- or half the Republicans - the registered Republicans: I am not your President; Donald Trump is still your President. As we Catholics say, "Oh, my God."
Sources: twitter.com ,www.dailymail.co.uk

The financial system is changing right now

Russian minister says: we are working on digital One World One Currency for trade - local media.
Russian financial messaging system will be able to replace SWIFT - financial infrastructure will work smoothly - Russian Central Bank Chair.
Stocks booming in Chinese SWIFT alternative - CIPS.
The Cross-Border Interbank Payment System (CIPS) is a payment system that offers clearing and settlement services for its participants in cross-border RMB payments and trade.
It is a significant financial market infrastructure in China.
CIPS is sometimes referred to as the China Interbank Payment System.
Bank of Russia Resumes Gold Buying After Two Years on Sidelines.
Russia-Ukraine war is 'a financial war now': Deutsche Bank

Richard Grenell listed as president

Ladies and Gentlemen, let me introduce the interim president of the United States of America!?
Richard Grenell: I will run up the stairs without tripping and then announce a plethora of Executive Orders. Stay tuned.
A former acting director of national intelligence turned potential Republican candidate for governor of California, gleefully seized on an error by Google on Saturday, promising a plethora of executive orders after the search giant listed him as President of the United States since 2021. The information appeared to come directly from Wikipedia, which is automatically used by Google in searches where it is then often stated as fact.
The military is in control? White hats are in control of Google? You decide...
Sources: twitter.com, www.theguardian.com

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