Central banks gold reserves switch
Gesara.news » News » Central banks gold reserves switchNews Date: March 11, 2022
The central banks are increasingly concerned about inflation, and the major ones start giving out signals that they won't let inflation run too hot, even if it means slower growth.
In commodities, the upside potential in gold is more than just a safe haven hedge, as the rising geopolitical tensions and the latest sanctions imposed on the Russian central bank will bring the central banks around the world to reconsider their FX holdings, and start shifting towards a nationless gold.
As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child.
The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud. Big Tech must not get protections of Section 230!
Much more money is coming. I will never give up my fight for the American people!<-
White house sent Christmas emails to American people. There is the Golden map of America!
Sources: twitter.com, www.whitehouse.gov
The Kraken Cray XT5 supercomputer at the National Institute for Computational Sciences (NICS) has been upgraded to become the first academic computer in the world to exceed one petaflop of calculation power.
Sources: news.utk.edu, news.softpedia.com
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue.
The new Basel 3 regulations seem set to encourage this trend, despite retail depositors being accorded a stable funding status. Central bank digital currencies are anticipated to augment and perhaps replace non-financial business credit over the next five to ten years.
But the increasing financialisation of commercial banking brings the risk of tying its future firmly to a financial bubble. And with price inflation on the increase, it is only a matter of very little time before that bubble bursts.
Sources: www.cnbc.com, www.goldmoney.com
Julio Antonio Garmendia Pena, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation, spoke about the possibility of joining BRICS.
'Cuba maintains trade relations with the countries of the association, stressing the importance of cooperation with Russia and China in various sectors of the economy. The trend towards expansion of the alliance offers the hope of achieving a multipolar world', the ambassador said.
Russia's Mir banking cards could start being used in Cuba by the end of the year, the ambassador said.
The Cybersecurity and Infrastructure Security Agency (CISA) works to ensure the physical security and cybersecurity of the systems and assets that supports the Nations elections. Known as election infrastructure, this assembly of systems and networks includes but is not limited to:
> Voter registration databases and associated IT systems
> IT infrastructure and systems used to manage elections (such as the counting, auditing, and displaying of election results, and post-election reporting to certify and validate results)
> Voting systems and associated infrastructure
> Storage facilities for election and voting system infrastructure
> Polling places to include early voting locations
Sources: www.cisa.gov, www.boston25news.com