Chinese, Russian payment systems consultations
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News Date: May 5, 2022
Chinese and Russian central banks to discuss the use of national payment systems.
The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
Russian banks may issue cards with China as Visa, and Mastercard cut links.
The use of the Mir and China UnionPay national payment systems in both countries will be decided by the two sides' central banks at consultations.
Sources: reuters.com
Biblical Nephilim giants around Trump?
Biblical Nephilim giants walking with POTUS?Is it the same guy in Dan Scavino cover pic (in front of airplane)?
We have good extraterrestrials beings protecting POTUS!
Sources:twitter.com/1wokeindividual, facebook.com/reven.rising.7
National coin shortage getting worse
The nation's coin shortage, prompted by less cash circulating as a result of Covid-19 - is getting worse.And believe it or not, cash is still being used in 49% of payments that are $10 or below, according to a recent study by the Federal Reserve Bank of San Francisco.
The irony of the situation lies in the fact that the Fed can print trillions for bonds, but can't come up with a couple of quarters to do its laundry.
Sources:www.bloomberg.com, zerohedge.com
Saudi Arabia to host China-Arab summit during Xi visit
Saudi Arabia plans to host a Chinese-Arab summit on Dec. 9 attended by Chinese President Xi Jinping during his visit to the kingdom, three Arab diplomats in the region familiar with the plans said on Wednesday.Sources: reuters.com
Atomic race joint statement
5 nuclear-weapon states vow no arms race in a joint statement.China, Russia, Britain, The United States, and France have agreed that a further spread of nuclear arms and nuclear war should be avoided.
They have released a joint statement affirming their opposition to using their nuclear arsenals for offensive purposes.
They also promised to work together on nuclear disarmament.
Source: reuters.com
BRICS Prepares for Global Currency Reset
Russian IMF representative, Alexey Mozhin, in an interview with RIA Novosti published on Friday, suggests BRICS nations should prepare for a potential collapse of the dollar and international monetary system by offering an alternative currency.Mozhin's remarks highlight the increasing recognition of the flaws in the current financial system and the potential role of BRICS in providing an alternative solution.
"Such a proposal is being discussed. In the event of the collapse of the dollar and the international monetary system, it will be necessary to turn the said BRICS accounting unit into a real currency, backed by exchange goods,", he stated.