Debt relief for middle-income countries

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News Date: May 12, 2023

The President of the UN General Assembly advocates for debt relief for middle-income nations.
Csaba Korosi, president of the UN General Assembly, called for debt relief and fair access to new technology for middle-income nations on Thursday.
He stated at a high-level meeting of the General Assembly on middle-income countries that the 110 middle-income countries, which make up roughly one-third of the global GDP and three-quarters of the world's population, are the main forces behind global development.

Turkey Applies to Join BRICS

September 2 update:
Turkey has officially applied to join BRICS, frustrated by the lack of progress in its bid to join the European Union, and aims to become the first NATO member and EU candidate to join the group.
June 9 update:
Turkiye's foreign minister will travel to Russia on June 10 to attend a meeting of foreign ministers of the BRICS+.
Older news:
Turkey, a NATO member, is expressing interest in joining BRICS as an alternative to the European Union to enhance its economic prospects.
Turkish Foreign Minister Hakan Fidan announced this during his visit to China, as reported by the South China Morning Post.
The matter is expected to be discussed at the upcoming BRICS ministers' meeting in Nizhny Novgorod. Russia, through Kremlin Spokesman Dmitry Peskov, has welcomed Turkey's interest, affirming that this initiative will be on the agenda at the next BRICS summit, which Russia is preparing to chair.

Quantum computers will revolutionize financial services

Quantum computers leverage certain principles of physics that allow them to process information more effectively than the computers currently being used.
Businesses within the financial industry will benefit from this technology as quantum computers decrease risks, enhance customer services, and increase investment opportunities.
This innovation will transform the industry within the next years. Leaders and stakeholders in this field should act now, partnering externally and investing internally to make the most of quantum computers.
Source: bangkokbankinnohub.com

The Defund Davos Act

A group of House Republicans, led by Scott Perry have introduced the Defund Davos Act, seeking to halt federal funding to the World Economic Forum (WEF).
With the U.S. having spent tens of millions on the WEF over the years, GOP lawmakers argue for redirecting funds to domestic priorities.
The legislation underscores concerns about taxpayer money supporting an international forum that may not align with American interests.
The move is sparking debates in Congress over fiscal responsibility and the country's role in global initiatives.

Quantum information science to change the world

Trump administration establishes $75 million quantum computing centers.
Trump: Quantum information science has the potential to change the world. But to realize that potential, we must first answer some fundamental research questions.
The White House Office of Science and Technology Policy and the National Science Foundation (NSF) announced Tuesday the establishment of three quantum computing centers across the nation, involving an investment of $75 million.
The establishment of the centers stems from a provision in the National Quantum Initiative Act: www.congress.gov
Source:thehill.com

What is the devolution?

Devolution is fundamental and part of the governments top-secret continuity of government plans.
Devolution: transference (as of rights, powers, property, or responsibility) to another especially, the surrender of powers to local authorities by a central government.
The Devolution PLAN involved secret operations of replacing politicians, senior key officials, high-ranking Generals, Admirals, and officers.
Sources: usamagazinestudio.com