The appeal of safe haven assets to increase

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News Date: October 8, 2023

Escalating tensions in Israel often lead to investors seeking refuge in safe-haven assets.
This is because they closely monitor Middle East events for potential geopolitical risks that could impact financial markets.
These safe haven assets, like gold and government bonds, are considered low-risk and can provide a buffer against market volatility during uncertain times.
Institutional investors, such as hedge funds and central banks, also tend to diversify into these assets for risk management.
The impact goes beyond asset allocation, affecting market sentiment and volatility as investors react to developments in the region.
This underscores the interconnectedness of geopolitics and financial markets, prompting investors to adjust their strategies accordingly.

Trump vows Greatness in the months ahead

Former President Donald Trump sent out an email blast after the Senate acquitted him on a 57-43 vote.
At one point in his statement, Trump says "Our historic, patriotic and beautiful movement to Make America Great Again has only just begun. In the months ahead I have much to share with you, and I look forward to continuing our incredible journey together to achieve American greatness for all of our people. There has never been anything like it!"
Full text below:
I want to first thank my team of dedicated lawyers and others for their tireless work upholding justice and defending truth.
My deepest thanks as well to all of the United States Senators and Members of Congress who stood proudly for the Constitution we all revere and for the sacred legal principles at the heart of our country.
Our cherished Constitutional Republic was founded on the impartial rule of law, the indispensable safeguard for our liberties, our rights and our freedoms.
It is a sad commentary on our times that one political party in America is given a free pass to denigrate the rule of law, defame law enforcement, cheer mobs, excuse rioters, and transform justice into a tool of political vengeance, and persecute, blacklist, cancel and suppress all people and viewpoints with whom or which they disagree. I always have, and always will, be a champion for the unwavering rule of law, the heroes of law enforcement, and the right of Americans to peacefully and honorably debate the issues of the day without malice and without hate.
This has been yet another phase of the greatest witch hunt in the history of our Country. No president has ever gone through anything like it, and it continues because our opponents cannot forget the almost 75 million people, the highest number ever for a sitting president, who voted for us just a few short months ago.
I also want to convey my gratitude to the millions of decent, hardworking, law-abiding, God-and-Country loving citizens who have bravely supported these important principles in these very difficult and challenging times.
Our historic, patriotic and beautiful movement to Make America Great Again has only just begun. In the months ahead I have much to share with you, and I look forward to continuing our incredible journey together to achieve American greatness for all of our people. There has never been anything like it!
We have so much work ahead of us, and soon we will emerge with a vision for a bright, radiant, and limitless American future.
Together there is nothing we cannot accomplish.
We remain one People, one family, and one glorious nation under God, and it is our responsibility to preserve this magnificent inheritance for our children and for generations of Americans to come.
May God bless all of you, and may God forever bless the United States of America.

Egypt is expected to join BRICS

Egypt plans to issue yuan-denominated bonds worth more than $500 million - Finance Minister Mohamed Maait.
Russia is negotiating the use of Mir payment card with several countries, including Egypt.
There are reports of Egypt preparing apps to join BRICS.
The president of the BRICS International Forum expects Turkey, Egypt, and Saudi Arabia to join the group "very soon".
Source: reuters.com

What is the devolution?

Devolution is fundamental and part of the governments top-secret continuity of government plans.
Devolution: transference (as of rights, powers, property, or responsibility) to another especially, the surrender of powers to local authorities by a central government.
The Devolution PLAN involved secret operations of replacing politicians, senior key officials, high-ranking Generals, Admirals, and officers.
Sources: usamagazinestudio.com

Currency Revaluation RV

A revaluation is a calculated upward adjustment to a country's official exchange rate relative to a chosen baseline.
The baseline can include wage rates, the price of gold, or a foreign currency.
Currency revaluation can be triggered by changes in the interest rates between various countries and large-scale events that affect the overall profitability, or competitiveness, of an economy.
Sources:www.investopedia.com/

World Bank President:China needs to participate in debt relief

World Bank President David Malpass said that the Chinese government and its creditors need to participate in coordinated efforts to provide debt relief to the world's poorest countries, as China has become a major creditor to the developing countries of the world.
Source:finance.yahoo.com