IMF Debt forgiveness for 25 poorest countries

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News Date: May 14, 2020

IMF Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to help address the impact of the COVID-19 pandemic.
Source:imf.org

Speeding up the BRICS - SCO payment system

A new, "cutting-edge" payment system for the currencies of the Shanghai Cooperation Organization (SCO) and BRICS countries should be established as soon as possible, according to the chairman of Russia's National Economic Development Organization VEB.RF, Igor Shuvalov.
In his remarks at a Russian-Chinese Business Forum on Tuesday in Shanghai, Shuvalov emphasized the need for Russia and China to hasten the development of an effective payment system.
"We urge the government of the Russian Federation and our Chinese partners to act as actively as possible.
An independent and efficient infrastructure of payments is necessary not only for ensuring the "ruble/yuan" pair but also for carrying out the most serious transactions in SCO and BRICS currencies," said Shuvalov.

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.

Trump surrounded by 1776 flags

President Donald Trump made his speech at the North Carolina Republican Party annual State Convention in Greenville, NC, June 5.
Trump is flanked by 1776 flags and he says: Stay Tuned!
On April 12, 1776, North Carolina Provincial Congress authorized its delegates to the Second Continental Congress to vote for independence from Great Britain. The first formal call for American sovereignty.
Sources: www.youtube.com

CEO of SVB exits the board of FED

CEO of Failed Silicon Valley Bank No Longer a Director at SF Fed.
The chief executive officer of failed Silicon Valley Bank, Greg Becker, is no longer on the board of directors at the Federal Reserve Bank of San Francisco.
The spokesperson declined to say how Becker exited the San Francisco Fed board.
(Reuters)

New Bills Filled with Real Gold

New Private Currency Uses Bills Filled with Real Gold.
In 2019, Goldback president Jeremy Cordon said he had a dream in which he saw people paying for groceries using golden bills.
Gold is the best money, but it can't buy a loaf of bread.
To solve this problem, Cordon used new technology to create a bill that sandwiches a particle-thin gold layer between two layers of polymer.
The result can be worth as little as $3.80.
Source: zerohedge.com