Digital Yuan for Cross-Border payments launched

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News Date: November 6, 2023

In Hong Kong, the Bank of China is leading the push for widespread cross-border usage of the digital yuan.
From experimental programs to cutting-edge applications, they have advanced.
One such application allows guests from the mainland to add more money to their Octopus cards using digital yuan.
In a different development, PetroChina successfully executed the first global trade of crude oil using e-CNY, the digital currency of the Chinese central bank, with the intention of extending its use worldwide.
As of June, transactions on China's highly advanced CBDC had totaled 1.8 trillion yuan.

SLD 45 & SpaceX Starlink launch

Congratulations to SpaceX, all the Guardians and Airmen of SLDelta45 that made the Starlink 4-3 launch possible this evening.
This launch kicks off what is sure to be a busy December, with 5 launches slated to close out the year.
Without the dedication from their teammates, this high ops tempo would not be possible!
Source: SpaceForceDoD

Putin vows a fair world order after next BRICS summit

Addressing a year-end press conference that lasted more than four hours on Thursday, President Putin criticized the West's idea of a 'rules-based world order,' calling it non-existent and claiming that rules change based on political agendas.
He announced the 2024 BRICS summit in Kazan, under Russia's presidency, will aim to establish a fairer global order, dismissing the current narrative as unpredictable and driven by transient interests.
He stated the summit will 'demonstrate that there are enough forces in this world, powerful countries who want to live not by those unwritten rules, but rather by the rules enshrined in fundamental, cornerstone documents, which include the United Nations Charter...'
In October 2024, Russia will host the largest-ever BRICS summit in Kazan

The STORM Act signed into law

On Friday, January 1, 2021, the President signed into law: the "STORM Act," which authorizes the Federal Emergency Management Agency to provide capitalization grants to States to establish revolving funds to provide hazard mitigation assistance to reduce risks from disasters and natural hazards.
S. 3418, the "Safeguarding Tomorrow through Ongoing Risk Mitigation Act".
Sources: www.congress.gov, www.whitehouse.gov

Why is gold valuable?

Gold is abundant enough to create coins but rare enough so that not everyone can produce them. Gold doesn't corrode, providing a sustainable store of value, and humans are physically and emotionally drawn to it. Societies and economies have placed value on gold, thus perpetuating its worth.
Gold cannot be destroyed by Water, Time, Fire.
Gold doesn't need Feeding, Fertilizer, Maintenance.
Gold is Malleable, Ductile, Beautiful, Rare.
Sources:tizzime.com, https://www.investopedia.com

Forum for Peace, Cooperation and Greater Economic Progress

According to the Akorda press office, President Kassym-Jomart Tokayev will present the Astana International Forum's (AIF) global vision during the plenary session on June 8.
Alongside the forum, Tokayev will hold many bilateral meetings.
The plenary session will be moderated by CNN news anchor Richard Quest, who said it is the centerpiece of this year's AIF.
'Hosted by the President of Kazakhstan, Kassym-Jomart Tokayev, the plenary session will focus on the state of the world today and the way forward toward peace, cooperation, and greater economic progress,' Quest said.