BRICS Confirms the Gold Standard

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Date: September 8, 2024

At the upcoming BRICS summit in October in Kazan, tools for an inclusive international financial system will be discussed, according to Andrey Mikhailishin, head of the financial services task force of the BRICS Business Council, in a statement to TASS.
Key projects include a common unit of account (Unit), a platform for international digital currency settlements (Bridge), a payment system (Pay), a settlement depository (Clear), an insurance system (Insurance), and a rating alliance.
The new system aims to decentralize international cooperation and leverage digital technologies.
The Unit will be linked 40% to gold and 60% to a basket of BRICS national currencies, addressing exchange rate volatility.

Top SECRET! Name code GESARA. The declaration of independence of the world

Alliance sources are claiming that NESARA no longer is needed in America, since Trump signed the revised Paris Agreement, in which GESARA was secretly embedded. Therefore, NESARA, which originally was destined for the Republic of America, has merged with GESARA.
Source:steemit.com

CEO of SVB exits the board of FED

CEO of Failed Silicon Valley Bank No Longer a Director at SF Fed.
The chief executive officer of failed Silicon Valley Bank, Greg Becker, is no longer on the board of directors at the Federal Reserve Bank of San Francisco.
The spokesperson declined to say how Becker exited the San Francisco Fed board.
(Reuters)

Debts forgiveness and peace at the Russia-Africa summit

Vladimir Putin hosted the Russia-Africa summit in St. Petersburg from July 27 to 28.
Putin: The total amount of debt of the African countries written off by Russia amounts to $23 billion dollars with another $90 million to be allocated for the same purposes.
Vladimir Putin, the president of Russia, also stated on Friday that Moscow is closely analyzing suggestions made by several African leaders to put an end to the conflict in Ukraine.

Student debt relief announcement

The Biden administration is canceling up to $20,000 in student debt for Pell Grant recipients, up to $10,000 for individual borrowers who make under $125,000 per year, and extending the pause on repayments by four months, the White House announced on Wednesday.
Sources: axios.com

A Financial System by Nonbank Financials, Fintech, and Innovation

Fintech stands for financial technology.
On February 3, 2017, Donald Trump issued a Presidential Executive Order on Core Principles for Regulating the United States Financial System.
Full order:whitehouse.gov
The report of U.S. Department of the Treasury was prepared on July 2018, set A Financial System That Creates Economic Opportunities Nonbank Financials, Fintech, and Innovation.
Nonbanks are well integrated into the U.S. payments system and play key roles such as facilitating back-end check processing; enabling card issuance, processing, and network activities; and providing customer-facing digital payments software.
This report includes a limited treatment of blockchain and distributed ledger technologies.
Treasury report: treasury.gov