Debt Jubilee by Trump pick to lead World Bank

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News Date: July 20, 2020

President of the WorldBank Group remarks to G20 Finance Ministers & Central Bank Governors I emphasized the need for further progress on:
1. Debt Suspension;
2. Debt Reduction;
3. Debt Resolution;
4. Debt Transparency.
The situation in developing countries is increasingly desperate. Time is short. We need to take action quickly on debt suspension, debt reduction, debt resolution mechanisms and debt transparency.
WASHINGTON, July 18, 2020
Full remarks here:www.worldbank.org
US President Donald Trump has nominated David Malpass as his pick for the next World Bank president:
Source:www.whitehouse.gov

The long awaited Gold Standard is here

Zimbabwe will start issuing digital currency next month that is backed by gold.
On May 8, the public will be able to purchase a digital currency backed by gold from Zimbabwe's central bank.
Additionally, RBZ introduced smaller gold coins in weights of tenths of an ounce, quarters of an ounce, and half of an ounce.
The smallest coin weighs just over 3.11 grams and costs US$188.48 or its equivalent in local currency at the interbank rate.

Happy New Year and New World!

2020 has been an unpredictable ride through the pandemic, and many more difficulties that had made living life quite hard for people across the globe. But as we near the end of this year, we all should accept the fact that with every passing year, one should leave behind the bad memories and mistakes. So now, as we embrace the upcoming year, 2021, let us all be positive and cheery with shining spirits and aspirations for the future. We should vow to not let the negative times affect us in looking forward to the future and working hard to achieve our dreams and ambitions. So, let us all embrace the new year with much-needed hopes and happiness.
I recorded a video with our 2020 retrospective. Best Regards!
Video: Youtube.com

World Bank Looking to Trim Poor Nations Debt

The World Bank is looking at ways to reduce the amount of debt owed by poor countries, rather than simply delaying payments, to attract more investors in the wake of the global pandemic and recession, President David Malpass said.
President of the WorldBank Group remarked to G20 Finance Ministers & Central Bank Governors: I emphasized the need for further progress on Debt Suspension, Debt Reduction, Debt Resolution, Debt Transparency.
Sources:gesara.news, finance.yahoo.com

President Trump RV hints at Rose Garden news conference

RV stands for both ReValuation(Global Currency Reset) or Recreational Vehicle.
Donald Trump made a strange remark in a Rose Garden news conference on Friday revealing he wants to drive around town in an RV, back to New York, with the First Lady.
Source:youtube.com

Ripple's Xumm Banking App Will Soon Be Ready for Mass Adoption

On behalf of Ripple, XRPL Labs has developed the banking app Xumm, which is based on the bridge currency XRP and should offer the same extensive functions as a bank account. The app works completely without third parties such as banks or other financial institutions and offers cross-border transactions in real-time.
Source:coinspeaker.com