World Bank President:China needs to participate in debt relief
Gesara.news » News » World Bank President:China needs to participate in debt reliefNews Date: August 25, 2020
World Bank President David Malpass said that the Chinese government and its creditors need to participate in coordinated efforts to provide debt relief to the world's poorest countries, as China has become a major creditor to the developing countries of the world.
In January, Russian Foreign Minister Sergey Lavrov explained that Moscow is continuing "its policy aimed at gradual de-dollarization" and is looking to make deals in local currencies, where possible.
Lavrov called the rejection of the greenback "an objective response to the unpredictability of US economic policy and the outright abuse by Washington of the dollar's status as a world reserve currency."
Smart investors should already be pouring money back into silver and gold before global monetary system collapse.
But now, experts like Peter Schiff, chief executive officer of Euro Pacific Capital, are betting on gold to topple the dollarâs long reign and establish itself as the new de facto reserve currency.
These alarmists always demand the same thing, absolute power to dominate and control every aspect of our lives.
We will never let radical socialists to destroy our economy and wreck our country.
The folks at Davos want a new world order, and the only thing standing in their way at the moment is US. And if they get their New Normal, nothing will be the same ever again. unless, perhaps, if Donald Trump wins in November.
16: Ceases all aggressive, U.S. government military actions worldwide.
17: Establishes peace throughout the world.
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