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.
Fintech and XRP Support in US GOV Register New Rule
The Remittance Transfers Under the Electronic Fund Transfer Act final rule is effective July 21, 2020.The continued growth of "fintech" nonbank remittance transfer providers and their further expansion into partnerships and other relationships with banks and credit unions, which allow such entities to tap into the closed network payment systems that nonbank remittance transfer providers have developed and (3) the continued growth and expanding partnerships of virtual currency companies, such as Ripple, which offer both a payments messaging platform to support cross-border money transfers as well as a virtual currency, XRP, which can be used to effect settlement of those transfers.
The Bureau also believes that expanded adoption of SWIFT's gpi product or Ripple's suite of products could similarly allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they are sent.
Source: www.federalregister.gov
Turkey seeks to become full SCO member
Turkey's Erdogan targets joining Shanghai Cooperation Organization, media reports say.'Now our next process will be steps towards this end. This is our goal,'
he said in reply to a journalist's question whether Turkey was considering the possibility of becoming a member of the SCO.
Source: reuters.com
First Manned Flying Car
Japanese company successfully tested a manned flying car for the first time.Sky Drive Inc., a Toyota-backed start-up with a mission for developing flying cars, has conducted the public demonstration on August 25, manned test flight of one its aerial vehicles after years of work. The SD-03, with its glossy white exteriors and sleek aerodynamic body, flew around Toyota Test Field, showing the world that such a thing as flying cars can exist beyond fantasy and fiction.
Sources:https://hypebeast.com
Giant Voice of America
Remember when Trump said we would have a Giant Voice in the future?This is the post that got Trump booted: The 75,000,000 great American Patriots who voted for me, AMERICA FIRST, and MAKE AMERICA GREAT AGAIN, will have a GIANT VOICE long into the future. They will not be disrespected or treated unfairly in any way, shape or form!
Voice of America, a news outlet now controlled by his loyalists, will now be their communication channel.
Secretary of State Mike Pompeo delivered remarks on Monday at Voice of America headquarters in Washington DC.
Secretary of State Pompeo slammed the anti-democratic tech giants in the US and the Chinese Communist Party.
Details: www.thegatewaypundit.com
Trump Signs the Deep-Sea Mining Order
April 24, 2025President Trump signed the deep-sea mining order to fast-track U.S. access to offshore critical minerals, like gold, cobalt, nickel, and rare earths, marking a major push for resource independence and national security.
The order directs agencies to streamline permits, boost deep-sea exploration, and build global partnerships to counter China’s seabed dominance. With vast untapped mineral wealth in U.S. waters, the move aims to secure supply chains vital for defense, energy, and industry.
April 18, 2025
The White House has announced plans to fast-track permits for ten mining projects across the United States, supporting President Donald Trump's initiative to boost domestic production of critical minerals.
On March 20, 2025, President Donald J. Trump signed an executive order titled "Immediate Measures to Increase American Mineral Production" to enhance U.S. mineral production, including critical minerals like gold, copper, and uranium.
The order aims to reduce reliance on foreign minerals, boost national and economic security, and expedite permitting and land use for mining projects.
It aligns with a global shift toward domestic sourcing by prioritizing mineral production on federal lands and accelerating private and public investment in the mineral supply chain.