BRICS to promote the monetary reset

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News Date: August 24, 2023

According to Chinese President Xi Jinping, the BRICS countries must promote a reform of the international monetary and financial system.
Additionally, he thinks that everyone should write international laws rather than distinct groups establishing international law for the entire world.
"It is necessary to give full play to the role of the New Development Bank, facilitate the form of the international monetary and financial system and strengthen the representation and the voice of developing countries," he stated.

Iran, Russia planing the token of the Persian Gulf backed by gold

Iran and Russia want to issue a new stablecoin backed by gold.
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
The "token of the Persian Gulf region" would serve as a payment method in foreign trade.
Sources: cointelegraph.com

Speeding up the BRICS - SCO payment system

A new, "cutting-edge" payment system for the currencies of the Shanghai Cooperation Organization (SCO) and BRICS countries should be established as soon as possible, according to the chairman of Russia's National Economic Development Organization VEB.RF, Igor Shuvalov.
In his remarks at a Russian-Chinese Business Forum on Tuesday in Shanghai, Shuvalov emphasized the need for Russia and China to hasten the development of an effective payment system.
"We urge the government of the Russian Federation and our Chinese partners to act as actively as possible.
An independent and efficient infrastructure of payments is necessary not only for ensuring the "ruble/yuan" pair but also for carrying out the most serious transactions in SCO and BRICS currencies," said Shuvalov.

The July 4th full buck moon and penumbral eclipse

Independence Day 2020 will end with a full moon and lunar eclipse.
The Full Moon of July traditionally is known as the Full Buck Moon because it coincides with the time of year when male white-tailed deer are in full-on antler growth.
Everything to know about the July 4th buck moon and penumbral eclipse.
Source:lehighvalleylive.com

Putin: Western banking system to end

Putin made some startling remarks addressing the VTB investment forum in Moscow on Thursday about the threat to the archaic financial system.
"The Western financial system is becoming outdated because of new technologies and could lose its dominant global position in the near future!
According to experts, in the coming years, this will lead to a revolution that will finally undermine the monopoly of large Western banks."
He also stated that these financial institutions are not in the best condition at this moment.

Operation Starfall. New Internet?

H.R.5123 - American Freedom and Internet Access Act of 2021
Introduced 08/27/2021
SEC. 2. OPERATION STARFALL.
Not later than 45 days after the date of the enactment of this Act, the Secretary of the Air Force,
in consultation with the Chief of Space Operations, shall develop and begin implementation of "Operation Starfall",
a strategic plan to deploy stratospheric balloons, aerostats, or satellite technology capable of rapidly delivering
wireless internet anywhere on the planet from the stratosphere or higher.
Sources: www.congress.gov