FedNow alongside private sector Service

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News Date: August 6, 2020

Fed announces details of the FedNow interbank service.
The FedNow Service will be available to banks in the United States and will enable individuals and businesses to send instant payments any time of day, any day of the year through their bank accounts.
The target launch date for the service remains 2023 or 2024, with a more specific time frame to be announced after additional work is completed.
The FedNow Service, alongside similar services provided by the private sector, will modernize the U.S. payment system and bring the benefits of instant payments broadly to communities across the country.
Sources:www.federalreserve.gov

Rupee-Riyal trade, UPI payment system

India, Saudi Arabia discuss Rupee-Riyal trade, UPI payment system.
India and Saudi Arabia have discussed the possibility of starting a rupee-riyal trade as part of efforts to boost economic ties between the nations, the Indian government said in a statement on Monday.
Sources: indiatimes

Putin: Western banking system to end

Putin made some startling remarks addressing the VTB investment forum in Moscow on Thursday about the threat to the archaic financial system.
"The Western financial system is becoming outdated because of new technologies and could lose its dominant global position in the near future!
According to experts, in the coming years, this will lead to a revolution that will finally undermine the monopoly of large Western banks."
He also stated that these financial institutions are not in the best condition at this moment.

Such a beautiful message of peace

This is the wind of change, a Beautiful message of peace.
During the White House signing ceremony Israel projected flags of Israel, Bahrain, the United Arab Emirates, and the US onto the Old City walls as Israeli Prime Minister Benjamin Netanyahu stood alongside President Donald Trump in Washington hailing what he called "historic" peace agreements.
Sources:twitter.com, www.middleeastmonitor.com

Wisconsin ends sound money taxes

The Wisconsin Senate has passed Assembly Bill 29 to end sales tax on gold and silver purchases, following overwhelming support from the State Assembly.
Sponsored by Rep. Shae Sortwell, the bill aims to align Wisconsin with the majority of U.S. states and remove an outdated tax practice.
Advocates argue that taxing precious metals is illogical, inefficient, and unfair to investors, especially given the constitutional recognition of gold and silver as money.

The return of Pluto, US spiritual makeover

Numerology fans, especially those who believe in angel numbers, will know the date in question as it happens on February 22, 2022.
Astrologically, a Pluto return is when the heavenly body returns to the same position in a birth chart where it was when the chart began.
It happens around every 248 years, meaning this is the Pluto return in the United States since the country was founded in 1776.
Pluto will complete a full revolution for the first time since July 4, 1776.
What does the return of Pluto mean? Returning Power Back To the People.
According to the stars, the United States is finally getting a spiritual makeover with its first-ever Pluto Return on Feb. 22, 2022.
It happens around every 248 years, meaning this is the Pluto return in the United States since the country was founded in 1776.
Source: bustle.com