BRICS to create fairer payment mechanism
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Date: January 19, 2023
BRICS is exploring ideas to create a fairer payment system that reduces dependence on dollars, South African Foreign Minister Naledi Pandor has said.
South Africa is the current BRICS chair.
Source: indiatimes
H.R.5404, a bill to define the dollar as a fixed weight of gold
H.R. 5404 is a bill introduced by Rep. Alex Mooney (R-WV2) that would bring the U.S. back to the gold standard once and for all. It would take effect exactly 30 months after the bill was passed, to allow an adjustment period in the American economy. Interestingly for a Republican-introduced bill, if the bill was enacted any time after July 2018, that 30-month window would come under the administration of the 2020 election.Source:congress.gov
10 Days to Remember. Our New Age
Solar Eclipse, Solstice, Great Conjunction & Mars Square Pluto - 10 Days to Remember - Dec 14/23.This is going to be a very fast-paced and INTERESTING few weeks ahead of us! The Solar Eclipse is just one of the major events we have to look forward to.
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Sources: 5dastrology.com, operationdisclosure1.blogspot.com
BRICS Currency is imminent
Sergey Glazyev, a great Russian economist and politician, foresees the imminence of the planned BRICS common currency."The emergence of a new settlement currency is inevitable because the current international monetary situation is irrational," the Russian economist stated.
Not only that the international monetary situation is irrational, but also the fact that the political and military chaos generated sanctions and forced the eastern states to de-dollarize.
Chinese, Russian payment systems consultations
Chinese and Russian central banks to discuss the use of national payment systems.The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
Russian banks may issue cards with China as Visa, and Mastercard cut links.
The use of the Mir and China UnionPay national payment systems in both countries will be decided by the two sides' central banks at consultations.
Sources: reuters.com
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