Debts going down, Gold rate up

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News Date: July 4, 2020

Look at US debt clock!
Despite pandemic, Total personal debt and credit card debt are going backwards.
This reminds NESARA first section:
Cancels all credit card, mortgage, and other bank debt due to illegal banking and government activities. Many refer to this as a "jubilee" or complete forgiveness of debt.
Debts clock:usdebtclock.org
Gold, metals rates are going up!
NESARA 10th section:
Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals...
Gold clock:usdebtclock.org/gold-precious-metals.html

SWIFT plans new service, Digital EURO on the horizon

SWIFT announced plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. The service will enable these bank customers to make faster, easier, predictable and competitively priced payments all around the world.
The European Central Bank (ECB) announced that it will start conducting experiments to decide whether to launch a digital euro. In a report setting out the pros and cons of launching a digital euro, the ECB said that it could support the Eurosystems objectives by providing citizens with a safe form of money in the fast-changing digital world.
Sources:www.swift.com, www.euronews.com

Russian MF proposed an independent financial system for BRICS

On February 27, 2024, the first in-person meeting of finance ministers and central bank governors from BRICS countries took place in Sao Paulo, Brazil, as part of Russia's chairmanship.
The event marked a significant milestone for BRICS, emphasizing its growing importance globally with an increased number of participants.
During the meeting, Russia's Minister of Finance, Anton Siluanov, and First Deputy Chairman of the Bank of Russia, Vladimir Chistyukhin, presented the key focus areas, highlighting the theme of the chairmanship: improving the international monetary and financial system.
The participants, including Brazil, Russia, India, China, and South Africa, generally supported these priorities, signaling a collective commitment to addressing the role of developing countries in the global economy.
a crucial step is creating an independent financial infrastructure to bolster the autonomy and financial sovereignty of developing countries.
To enhance the global financial system, it's crucial to create practical opportunities for an independent financial infrastructure, reinforcing the autonomy and financial sovereignty of developing nations.
"The current system based on the existing Western financial infrastructure and the use of reserve currencies has a number of fundamental flaws. Such infrastructure should be available to everyone.
Financial infrastructure must be accessible to everyone and independent of the will of individual countries. Otherwise, we are faced with artificially created barriers to trade, investment and technology, even in transactions between third countries. This leads to a slowdown in global economic growth."
Siluanov said.

G-20 Plans Extraordinary Meeting to Discuss Debt Relief

Finance ministers and central bankers from the worlds largest economies plan to hold an extraordinary meeting on November 13 to discuss bolder action to help poor nations struggling to repay their debts.
The meeting could mark the next phase in the global debt-relief drive-by bolstering coordination between government creditors over how to restructure the debts of poor economies hit hard by the coronavirus pandemic.
Sources: finance.yahoo.com

The longest partial lunar eclipse of the century next week

The partial lunar eclipse will last three hours 28 minutes and 23 seconds. It is also the longest partial lunar eclipse for 580 years.
Everything you need to know about the longest partial lunar eclipse in 580 years:
The event will begin on November 19 at approximately 2.19 a.m. EST.
a) Everyone in North America will see it;
b) Don't miss the 'max red' moment;
c) Get up earlier to see 'Half Blood Moon';
d) It is the longest partial lunar eclipse this century;
e) The southern limb of the Moon won't turn red.
Sources: insiderpaper.com

Congress letter to encourage the Treasury to utilize blockchain and DLT

Eleven members of Congress are calling on the U.S. Treasury Department to look at new technologies, including blockchain and distributed ledger technology (DLT), to help streamline how cash and supplies are distributed under a federal law trying to boost the economy during the COVID-19 crisis.
Source:coindesk.com