Governments resign worldwide. Fall of Empire

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News Date: January 15, 2021

Amid OBAMAGATE is unleashed, governments worldwide are stepping down as their politics wobbles.
Angela Merkel stepped down and a messy race to succeed the chancellor after the upcoming election this September.
Dutch government resigns over child benefits scandal.
Estonia prime minister Juri Ratas resigns, Kaja Kallas asked to form the government.
Italy government in crisis as Renzi ministers resign.
Kuwait cabinet members resign amid a dispute with Parliament.
Updates soon. Stay Tuned.
Details: www.politico.com

IMF, World Bank annual meetings on economic development

The International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to extend a freeze in debt payments from the worlds poorest nations that is set to expire at year end.
The annual meetings of the International Monetary Fund and the Board of Governors of the World Bank Group (WBG) are going to kick off on Monday 12, and will remain in session till 18 October. The meetings come amid unprecedented conditions because of the COVID-19 outbreak and the severe impact it has had on the whole world.
The meetings are designed to bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
IMF to revalue its Special Drawing Rights (SDR) - the world's reserve currency waiting in the wings.
Sources:www.bloomberg.com, ahram.org.eg, gesara.news

BRICS Launches BRICS Pay System

BRICS has unveiled BRICS Pay, a new payment platform developed over the past few years.
This system is designed to boost trade and financial transactions within the bloc, emphasizing the use of national currencies over the US dollar.
BRICS Pay aims to streamline cross-border transactions, reduce exposure to currency exchange risks, and enhance the financial independence and stability of its member countries, marking a significant step in challenging the dollar's dominance on the global stage.

Google Gesara interest over times

Google Trends Explores what the world is searching over times.
It provides access to a largely unfiltered sample of actual search requests made to Google. It's anonymized, categorized and aggregated. This allows us to display interest in a particular topic from around the globe or down to city-level geography.
For example entering the keyword "gesara" in the Explore bar, it results an ascending curve:
Example:trends.google.com

Treasury Secretary: Expect a decline in the dollar as Reserve Currency

Treasury Secretary Janet Yellen Acknowledges Countries' Trend Toward 'Replacing The Dollar'.
Expect a gradual decline in the dollar's share of global reserves, according to Yellen.
During a congressional hearing, she was asked about dedollarization, to which she responded with her remarks.
The statements come amid global de-dollarization initiatives being undertaken by a number of nations, including the BRICS economic bloc.

The big switch to yuan and National Currencies

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies.
Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam.
Putin expressed that using national currencies for international trading 'should be encouraged further.'
Source: news.bitcoin