The financial system is changing right now

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News Date: February 28, 2022

Russian minister says: we are working on digital One World One Currency for trade - local media.
Russian financial messaging system will be able to replace SWIFT - financial infrastructure will work smoothly - Russian Central Bank Chair.
Stocks booming in Chinese SWIFT alternative - CIPS.
The Cross-Border Interbank Payment System (CIPS) is a payment system that offers clearing and settlement services for its participants in cross-border RMB payments and trade.
It is a significant financial market infrastructure in China.
CIPS is sometimes referred to as the China Interbank Payment System.
Bank of Russia Resumes Gold Buying After Two Years on Sidelines.
Russia-Ukraine war is 'a financial war now': Deutsche Bank

Basel IV Regulations Impact for Banking Industry

Basel IV Rules Will Arrive and Complicate Bank Lives Even Further.
New Banking Rules Will Tighten Credit Standards, according to Morgan Stanley.
According to Morgan Stanley analysts, the Fed will issue new bank capital regulations between late May and early July, which will be followed by a comment period and a final rule that will be implemented gradually between 2025 and 27.
For their US Large-Cap Banks coverage, they anticipate that the implementation of this Basel IV, often known as the 'Basel III Endgame,' will result in increased risk-weighted assets (RWAs) and capital requirements, with a focus on Global Systemically Important Banks (GSIBs).
The name 'Basel' comes from the city of Basel in Switzerland, where the Basel Committee on Banking Supervision was established in 1974.
The committee is made up of representatives from central banks and regulatory authorities from around the world, and its primary goal is to promote international financial stability by developing and promoting supervisory standards and guidelines for the banking industry.

Craft using an inertial mass reduction device Patent US10144532B2

Craft using an inertial mass reduction device comprises of an inner resonant cavity wall, an outer resonant cavity, and microwave emitters.
The electrically charged outer resonant cavity wall and the electrically insulated inner resonant cavity wall form a resonant cavity. The microwave emitters create high frequency electromagnetic waves throughout the resonant cavity causing the resonant cavity to vibrate in an accelerated mode and create a local polarized vacuum outside the outer resonant cavity wall.
Sources:patents.google.com

World Bank is urging debt relief

The World Bank's new president, Ajay Banga, is urging swift action in providing debt relief.
During a press conference at the Bank's annual meeting in Marrakech, he emphasized the need for expedited efforts to alleviate the economic burdens faced by many nations.
President Banga's message highlights the urgency of addressing global economic challenges and reaffirms the World Bank's commitment to supporting economic stability and sustainable development worldwide.

Donald Trump brings back greatness

Donald Trump posted that The United States should now be focused on greatness again after The Supreme Court dismantled most of the charges against him.
In a landmark decision on Monday, the U.S. Supreme Court ruled that Donald Trump cannot be prosecuted for actions that were within his constitutional powers as president.
This ruling marks the first recognition of any form of presidential immunity from prosecution.
"Big win for our constitution and democracy. Proud to be an American!", he also stated.

Global Trade Reset Officially Kicks Off with GCR/RV

The U.S. is spearheading a global trade system overhaul, driven by the Global Currency Reset (GCR) and Revaluation (RV).
The U.S. Trade Representative aims to end currency manipulation, a practice President Trump has long blamed for unfair trade.
The Treasury insists tariff deals must tackle currency imbalances, pushing for fair revaluation to restore balance.
Gold's surge past $3,200 signals the reset's momentum.
Tariffs, Trump's tool to level the playing field, have sparked this moment, with trade truces opening doors to new terms.
"The day we have waited for is here," our supporters said.
As nations navigate these changes, the GCR/RV could reshape global commerce for years to come.