First Manned Flying Car

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News Date: September 1, 2020

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

Basel IV Regulations Impact for Banking Industry

Basel IV Rules Will Arrive and Complicate Bank Lives Even Further.
New Banking Rules Will Tighten Credit Standards, according to Morgan Stanley.
According to Morgan Stanley analysts, the Fed will issue new bank capital regulations between late May and early July, which will be followed by a comment period and a final rule that will be implemented gradually between 2025 and 27.
For their US Large-Cap Banks coverage, they anticipate that the implementation of this Basel IV, often known as the 'Basel III Endgame,' will result in increased risk-weighted assets (RWAs) and capital requirements, with a focus on Global Systemically Important Banks (GSIBs).
The name 'Basel' comes from the city of Basel in Switzerland, where the Basel Committee on Banking Supervision was established in 1974.
The committee is made up of representatives from central banks and regulatory authorities from around the world, and its primary goal is to promote international financial stability by developing and promoting supervisory standards and guidelines for the banking industry.

Atomic race joint statement

5 nuclear-weapon states vow no arms race in a joint statement.
China, Russia, Britain, The United States, and France have agreed that a further spread of nuclear arms and nuclear war should be avoided.
They have released a joint statement affirming their opposition to using their nuclear arsenals for offensive purposes.
They also promised to work together on nuclear disarmament.
Source: reuters.com

Best Stimulus Package

Trump Promises Best Stimulus Package You Have Ever Seen, After Election. Trumps announcement put his stamp of approval on a new timetable that came to the fore earlier in the day after Senators left Washington, D.C., for a pre-election break.
Sources: www.newsmax.com

Birth certificates and Sight Drafts myth

When the United States went off the gold standard in 1933, the federal government somehow went bankrupt.
With the help of the Federal Reserve Bank, the government converted the bodies of its citizens into capital value, supposedly by trading the birth certificates of U.S. citizens on the open market.
After following a complicated process of filing UCC documents with either the Secretary of State of the persons residence or another state that will accept the filings, each citizen is entitled to redeem his or her "value" by filling out a sight draft drawn on their (nonexistent) TreasuryDirect account.
The scheme asserts that each citizens Social Security Number is also his or her account number.
As a part of the scheme, participants also file false IRS Forms 8300 and Currency Transaction Reports in the name of law enforcement officials and other individuals they seek to harass.
Drawing such drafts on the U.S. Treasury is fraudulent and a violation of federal law. The theory behind their use is bogus and incomprehensible. The Justice Department is vigorously prosecuting these crimes. Federal criminal convictions have occurred in several cases.
Sources: www.treasurydirect.gov

Gold standard announcement

Gold is the standard, but silver linings are pretty great too.
A Wed. 24 June afternoon Trump tweet "Gold is the Standard" was an announcement of the new Gold Standard through the GCR/RV final roll-out underway right now.
Source:twitter.com