BRICS Alternatives to SWIFT
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News Date: March 1, 2022BRICS is the acronym denoting the emerging national economies of Brazil, Russia, India, China, and South Africa.
It is a growing eastern world alliance led by China.
In another effort to reduce their dependence on the US dollar, BRICS members have been building their own global payment infrastructures for international transactions that are independent of the US dollar and can serve as alternatives to SWIFT, the leading messaging network for financial transactions worldwide.
This allows BRICS members, especially those who are often subjects of US sanctions, to create their own rules for international banking and settlement. Moreover, by extending alternative financial infrastructure to other countries and regions, BRICS can create greater buy-in for their own system and increase their financial and political influence through this alternative system.
Some BRICS members have independently developed their own cross-border payment mechanisms in recent years.
Both Russia and China have launched their national alternatives to the SWIFT global banking network and introduced their systems to broader global markets.
Source: www.cambridge.org
Panic! Donald Trump retweeted the Kraken description
Lin Wood, the attorney of Donald Trump, tweeted On November 24 the post of The Marshall Report, describing what is the Kraken.Shortly President Donald Trump retweeted this post.
In our previous post, you can find the whole article related to Kraken.
Kraken is a Department of Defense-run cyber warfare program.
Sources: twitter.com, gesara.news
XRP the Ripple force in the Federal Reserve projects
Fed Faster Payments Task Force gives Ripple vote of confidence for next gen of global payments.Ripple's Executive Elected to Fed's Faster payments Task Force.
The desired outcomes focused on speed, security, efficiency, cross border payments, and industry collaboration.
Source:ripple.com
Antiwar Measures From NDAA
The House version of the 2020 National Defense Authorization Act (NDAA) set aside an irresponsibly large amount of money for military spending, but it also added some antiwar amendments and other very basic limitations. The House and Senate versions have now been reconciled into a final bill, and materially all of the limitations that the House voted on and approved.Source:www.activistpost.com
Australia closer to a cashless society
Australia's big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society.Sources:www.dailymail.co.uk, www.atmmarketplace.com
The IRS owned America, including the people
The below documents are a lien against America: all land, all real estate and each and every American.This lien claims a debt value of $14.3 quadrillion; that's 14,300 trillion dollars.
A lien means that until the debt is paid, the IRS owns America, including the people.
Actually, the IRS is just the holder in due course for the BANK OF INTERNATIONAL SETTLEMENTS(BIS) which is located in Basel, Switzerland.
As the holder in due course, the IRS retains the right to enforce the claim and debt collection.
This UCC financing Statement names the "First Debtor" as The Federal Reserve System.
The U.S. Department of Defense is listed as the debtor's exact legal name.
The North American Water and Power Alliance is shown as the "Assignor".
Source:stateofthenation2012.com