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Countries normalizing relations with Israel

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News Date: December 11, 2020

Israeli estimates indicate that there are Arab and Islamic countries on their way to sign an agreement with Tel Aviv, before the end of the term of the current US President, Donald Trump, on the twentieth of next January. This comes after the Moroccan monarch announced, yesterday, Thursday, the resumption of official bilateral contacts and diplomatic relations with Israel, shortly after the announcement by the outgoing US President Donald Trump on Twitter in which he confirmed that "Israel and the Kingdom of Morocco have agreed to establish full diplomatic relations between them."
Sources: twitter.com, search4dinar.wordpress.com

BRICS quantum tech partnership

Russian scientist Alexey Fedorov is the leader of the Quantum Information Technologies group at Moscow-based Quantum Center.
He expressed a desire to develop close partnerships with China and India in the field of quantum technology.
When the city of Kazan hosts the BRICS conference the following year, Russia aims to make its case.
Fedorov: Because together we can make things which are very hard to do alone.
We can collaborate about quantum computing, maybe solving problems and exchanging opinions and we collaborate about quantum sensing and different technologies and make our BRICS alliance to be stronger.

US Space Force the Guardians of QFS?

The new name for military space professionals, announced on Friday by Vice President Mike Pence, may appear to be a play on the Marvel superhero film Guardians of the Galaxy. But Space Force officials said it was a callback to a 1983 motto.
Vice President Mike Pence announces that uniformed members of the U.S. Space Force will be called Guardians. There you have it: Soldiers, Sailors, Airmen, Marines and Guardians.
What is the enemy right there in the space? We have not been attacked by aliens. Maybe QFS satellites need more protection.
Sources: twitter.com, www.defenseone.com

Treasury Secretary: Expect a decline in the dollar as Reserve Currency

Treasury Secretary Janet Yellen Acknowledges Countries' Trend Toward 'Replacing The Dollar'.
Expect a gradual decline in the dollar's share of global reserves, according to Yellen.
During a congressional hearing, she was asked about dedollarization, to which she responded with her remarks.
The statements come amid global de-dollarization initiatives being undertaken by a number of nations, including the BRICS economic bloc.

Gold standard strategy and the collapse of dollar

The dollar is no longer pegged to gold, but it is still the world's reserve currency. Over 60% of the foreign bank reserves are currently held in US Dollars.
There have been efforts by numerous countries (led by China and Russia) to dethrone the US Dollar as the world's reserve currency. China has been reducing its exposure to the Dollar for a long time, and both China, as well as Russia, have been stocking up on gold in recent times.
Central banks added 650 tons to their reserves in 2019, the second highest shift in 50 years, after the 656 tons added in 2018. Before the 2007-09 financial crisis, central banks were net sellers of gold worldwide for decades. Leading the recent spree has been China, Russia, Turkey, Kazakhstan and Uzbekistan.
China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being secured.
Sources: www.fxstreet.com, uk.news.yahoo.com, seekingalpha.com

Emergency Alert System reminder

The US Federal Communications Commission, Enforcement Bureau, Reminds EAS Participants of Compliance Obligations.
FCC issues enforcement advisory reminding Emergency Alert System participants of compliance obligations, including ensuring alerts are accessible to people with disabilities.
The storm is upon us. We are ready now!
Details: www.fcc.gov

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