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
Space Force launches Orbital Prime program
Space Force launches 'Orbital Prime' program to spur the market for on-orbit services.Orbital Prime launches to spur government and private investment in on-orbit servicing, assembly, and manufacturing (OSAM) technologies.
Sources: spacenews.com
An Asian Bretton Woods is suggested
An Asian Bretton Woods may be on the way.Sergei Glazyev, a senior Russian economist and Minister in charge of the Eurasian Economic Commission (EAEU), was leading a committee planning a new trade currency for the Eurasian Economic Union.
At the same time, the new trade settlement currency was to be available to any other nation in the Shanghai Cooperation Organisation and the expanding BRICS membership.
Logic suggests that a gold-backed currency will be the outcome of Glazyev's EAEU committee's trade currency deliberations after all, because of a subsequent announcement from Moscow concerning a new Russian bullion market.
Source: goldmoney.com
Banking for All Act
S.3571 - Banking for All ActTo require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.
Member banks shall open and maintain pass-through digital dollar wallets for all persons, including persons eligible to receive payments from the United States pursuant to a Federal law relating to the coronavirus disease 2019 (COVID-19), who elect to deposit funds into pass-through digital dollar wallets.
Source:www.congress.gov
XRP bombed. Could Ripple Replace SWIFT?
Cross-border payments network Ripple (XRP) has become part of the ISO 20022 Standards Body, its first member focused on distributed ledger technology (DLT).Former SEC Chairman Jay Clayton dropped a legal airburst bomb on Ripple. A few short days before leaving the position, Clayton filed a lawsuit making claims that are at least, suspect because of timing.
What possible motivation could there be for shaking all retail investors out of XRP, and tanking its price? Perhaps it has to do with the actual function of Ripple. Ripple is a major contender for replacing the central banking SWIFT system for international transfers.
First Pretrial Conference for Ripple and SEC to Take Place on February 22.
Sources: gesara.news, www.youtube.com, u.today
Cosmic gravitational energy antigravity flying saucer patent
1, Cosmic gravitational energy antigravity flies butterfly.2, Cosmic gravitational energy generating system apparatus.
3, antigravity system and device.
4, the two dish of outer image cover the dish-shaped housing that forms mutually.
Source:patents.google.com