Egypt to trade in local currencies with BRICS

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News Date: June 13, 2023

Egypt will abandon the US dollar, establishing trade with BRICS countries in local currencies. Egypt has announced that they are ditching the US dollar in their trade with China, Russia, and India.
"Nothing of the sort has been implemented but there are discussions so that we can trade in local currencies of countries like India, Russia or China," Egyptian Supply Minister Ali Moselhy told Reuters.
Last year, Egypt formally applied to join BRICS and the SCO.

The "Golden Age" Study Launched

Trump-backed candidate for Florida's 1st Congressional District, Jimmy Patronis, is advocating for Florida to adopt gold and silver as legal tender.
This aligns perfectly with Donald Trump's recent statement that "the golden age of America has already begun."
Notably, Trump resides at his private Mar-a-Lago estate in Palm Beach, Florida, further underscoring the symbolic connection between his vision for a "golden age" and Florida's potential embrace of precious metals.
"Gold and silver have been trusted assets for thousands of years, and it makes perfect sense to use them as legal tender.
I'm launching this study to determine the best way to get it done," Patronis stated in a press release this week.

Sound Money Is Defending Liberties

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of right.
Our monies - represent fiat currencies, monopolized by the state.
Fiat money is economically and socially destructive - with far-reaching and seriously harmful economic and societal consequences, effects that extend beyond what most people would imagine.
A free market in money means that people have the freedom to choose the kind of money they wish to use and that people have the freedom to provide their fellow men with alternative goods that may serve them well as money.
Sources:www.zerohedge.com

Trump’s ‘Big Beautiful Bill’ Passes the Senate

🏛️ July 1, 2025: After a marathon vote-a-rama, the Senate has officially passed President Trump’s sweeping tax cut package — the “Big Beautiful Bill.” Backed by near-unanimous GOP support, the bill now returns to the House for final approval.
A major win for Trump, the legislation marks a pivotal step in reshaping U.S. tax and spending policy — and sets the stage for a historic signing.
🏛 June 29, 2025: In a narrow 51-49 vote, the Senate advanced President Trump’s signature tax and spending package late Saturday, setting up a potential final vote as early as Monday. All but two Republicans backed the bill, which has become a centerpiece of Trump’s second term agenda. Senators Rand Paul and Thom Tillis broke ranks, citing concerns over the debt limit and Medicaid reforms. Lawmakers are racing to finalize the legislation ahead of the July 4 deadline.
✅ May 22, 2025 - Trump Celebrates Passage of “The One, Big, Beautiful Bill” after the House passed what he’s calling “arguably the most significant piece of Legislation” in U.S. history.
The sweeping bill includes:
🚫 No tax on tips or overtime
💵 Tax deductions for American-made vehicles
💰 “Trump Savings Accounts” for newborns
🛡️ Stronger border security + ICE/Border Patrol pay raises
🏛️ Funding for the Golden Dome
Trump praised Speaker Mike Johnson and House Republicans, urging the Senate to “get to work” and deliver the bill to his desk without delay.
He didn’t hold back on Democrats either, accusing them of being “warped in the past” and promising their agenda “will NEVER AGAIN happen!”
🏛️ May 21, 2025 - President Trump’s major tax and spending overhaul has cleared a key procedural step in the Republican-led House. Despite internal divisions, the powerful Rules Committee approved the bill, setting it up for a full floor vote within hours. The legislation aims to extend Trump’s 2017 tax cuts, introduce new deductions for tipped workers and auto loans...
💥 May 18, 2025 - House Republicans push forward Trump’s ‘Big, Beautiful Bill’ in a rare late-night vote! Trump celebrates on Truth Social: "CONGRATULATIONS REPUBLICANS!!! MAKE AMERICA GREAT AGAIN!!!"
With July 4 as the New Deadline, Treasury Secretary Scott Bessent Rallies GOP to Deliver a Historic Megabill—A Vision of Renewed Prosperity and Patriotic Reform by Independence Day
April 10, 2025
Trump posted on social media: Great News! "The Big, Beautiful Bill" is coming along really well. Republicans are working together nicely. Biggest Tax Cuts in USA History!!! Getting close. DJT
April 2, 2025:
Republican lawmakers met with President Donald Trump as they push forward with his sweeping tax-cut plan. Senate advanced Trump's $4.5 Trillion Tax-Cut Package.
February 25, 2025:
The House Republican spending bill has passed.
The U.S. House advanced President Trump's tax cuts agenda on Tuesday, giving a major boost to his 2025 policy goals.
February 19, 2025:
President Donald Trump speaks at FII Institute's Priority Summit in Miami.
He plans to work with Republicans in Congress to 'dramatically' cut taxes.
'We're going to dramatically cut taxes for families and for workers and for companies, including no tax on tips, and hopefully, no tax on Social Security and no tax on overtime,' he said.
February 12, 2025:
House Republicans release budget plan, with trillions in tax and spending cuts.
House Republicans unveiled budget to advance Trump's agenda on border security, defense, energy, and taxes amid Senate competition.
January 26, 2025:
President Trump announced in Las Vegas that his legislative package with Republicans will include a pledge to eliminate taxes on tips.
Trump also suggested a no-tax policy at the Las Vegas rally: 'How about just no tax?'
November 30, 2024:
Republicans, holding control of the House, Senate, and White House, are planning an ambitious 100-day agenda focused on key priorities, starting with tax cuts.
Older news:
In 2025, Republicans' consolidated power in Washington positions President-elect Donald Trump to implement an ambitious agenda.
Key priorities include extending the 2017 tax cuts, funding the U.S.-Mexico border wall, reclaiming unused Democratic-allocated funds, and cutting government oversight by eliminating the Department of Education and curbing the powers of agencies like the Consumer Financial Protection Bureau.
These measures aim to stimulate economic growth, boost job creation, and tighten immigration control while addressing the challenge of managing the $35 trillion national debt.

Chinese, Russian payment systems consultations

Chinese and Russian central banks to discuss the use of national payment systems.
The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
Russian banks may issue cards with China as Visa, and Mastercard cut links.
The use of the Mir and China UnionPay national payment systems in both countries will be decided by the two sides' central banks at consultations.
Sources: reuters.com

Russia, China switch to national currencies

Russia and China switch to settlements in national currencies for energy supplies.
Russia, China switch to national currencies in payments for gas, says a senior official.
Russia, China also actively switching to national currencies for payments of oil supplies, and products, says the deputy prime minister.
Sources: aa.com