G-20 Plans Extraordinary Meeting to Discuss Debt Relief
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News Date: October 28, 2020
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
Gold is the Real Safe Haven Asset
Gold is finally outperforming the way one would imagine. It's not always about the absolute performance as it is about the relative performance.As Bitcoin surged from March 2020 through 2021, the market was convinced that Bitcoin was the "new" digital gold, the new store of value asset.
As Bitcoin surged to new highs at each passing day, this became a self-fulfilling prophecy.
Gold was seen as the stepchild, given no attention whatsoever as traders chased the greed and FOMO 100%+ returns in crypto assets.
Year to date, Gold is now up 6% vs. Bitcoin down 25%.
Source: thestreet.com
The Kraken is a Cray XT5 supercomputer to Break Petascale
The University of Tennessee supercomputer, Kraken, has broken a major barrier to become the worlds first academic supercomputer to enter the petascale, performing more than 1 thousand trillion operations per second, a landmark achievement.The Kraken Cray XT5 supercomputer at the National Institute for Computational Sciences (NICS) has been upgraded to become the first academic computer in the world to exceed one petaflop of calculation power.
Sources: news.utk.edu, news.softpedia.com
Russia calls on BRICS for economic integration
Russia calls on BRICS countries for tighter economic integration:the use of BRICS currencies for export-import,
the integration of payment systems and cards,
their own financial messaging system,
and the creation of an independent BRICS rating agency,
according to Russian Finance Minister Anton Siluanov.
Source: www.reuters.com
Trump announces historic deal between Serbia and Kosovo
Serbia and Kosovo have agreed to normalize economic relations, following U.S.-brokered talks that include Serbia moving its Israeli embassy to Jerusalem and Kosovo formally recognizing Israel.U.S. President Donald Trump made the announcement Friday, after meeting with Kosovo Prime Minister Avdullah Hoti and Serbian President Aleksandar Vucic in the Oval Office earlier in the day.
Sources:twitter.com/WhiteHouse, www.voanews.com
Nikola Tesla And Trump Connections. Coincidences or time travel?
In 1943, two days after Nikola Tesla died destitute in a New York City hotel, the FBI called MIT professor and esteemed electrical engineer, John G. Trump (in fact the late uncle of Donald J. Trump), to determine if any of the belongings in the inventors estate-which included a purported weapon of mass destruction Tesla called the death ray-would be dangerous if they fell into enemy hands.After studying time machine notes and inventions of Nikola Tesla he told the government he did not find anything. He could have lied to keep the inventions to himself and out of the hands of the government.
However, The Mystery of Nikola Tesla Missing Files remain.
Donald Trump about his uncle: He was a great expert. He was a great, brilliant genius.
The book written in 1893 called Baron Trumps Marvelous Underground Journey, is about a boy named Baron Trump who found a portal and used it for time travel. That name might sound familiar to you. Donald Trump youngest son is Baron Trump.
Three years later in 1896 the same author writes a sequel to the book and he calls it the last president. The book is about a very wealthy man who lived in New York in 5th avenue who ran for president.
Trump used to live before he went to the White House at 725 5th Avenue, New York.
Sources: www.youtube.com, www.youtube.com