Iran is interested in a unified currency with BRICS

Gesara.news » » Iran is interested in a unified currency with BRICS

Share via:

Date: January 3, 2024

Iran's Deputy Foreign Minister, Mahdi Safari, expressed interest on January 3 in creating a unified currency with BRICS nations, aiming to establish Tehran as a key banking center for the group.
Safari also praised the New Development Bank, established by BRICS in 2014, for its role in supporting joint projects and international cooperation among member states.
"We are interested in creating a unified currency in the BRICS group, and this could be very effective.
By using national currencies, the process of eliminating the use of the dollar in commercial exchanges begins, and we are interested in continuing this process," Safari stated in an interview with Sputnik.

The longest partial lunar eclipse of the century next week

The partial lunar eclipse will last three hours 28 minutes and 23 seconds. It is also the longest partial lunar eclipse for 580 years.
Everything you need to know about the longest partial lunar eclipse in 580 years:
The event will begin on November 19 at approximately 2.19 a.m. EST.
a) Everyone in North America will see it;
b) Don't miss the 'max red' moment;
c) Get up earlier to see 'Half Blood Moon';
d) It is the longest partial lunar eclipse this century;
e) The southern limb of the Moon won't turn red.
Sources: insiderpaper.com

Welcome to quantum computing era FED

Fed Announces It Will Quit Printing Paper Money. The Federal Reserve will not be printing new paper currency (they have already ceased making coins).
PayPal is leaping into the cryptocurrency market, Starting in the next few weeks, users in the US can buy and sell bitcoin and several other digital currencies on the platform.
Quantum computers will be orders of magnitude more powerful than anything we have today. Scientists predict that the emerging era of quantum computing could lead to great breakthroughs.
Sources:themadtruther.com, finance.yahoo.com, www.forbes.com

BIS invites comments on ISO 20022 harmonisation proposals

With most of the world's payment systems adopting the ISO 20022 messaging standard by 2025, the coming years will be crucial for converging on its harmonized use to fully leverage its full potential to make cross-border payments faster, cheaper, and more transparent.
The Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) has worked with financial industry representatives to facilitate a harmonized adoption and use of ISO 20022 for cross-border payments.
The CPMI invites comments on this consultative report.
Source: bis.org

The largest-ever BRICS summit

In October 2024, Russia will host the largest-ever BRICS summit in Kazan, as announced by President Vladimir Putin.
The choice of Kazan underscores Russia's commitment to fostering collaboration among the BRICS nations.
Events will also be held in the well-established BRICS+ format, Putin stated.
The summit aims to address global issues, strengthen diplomatic ties, and explore enhanced cooperation, adding a unique cultural and historical dimension to the proceedings.

US treasury dollar on the US Debt Clock

No more federal reserve note on USDebtClock.org. Now called US treasury dollar.
The U.S. Debt Clock no longer shows the Federal Reserve Note.
It's now three U.S. Treasury Dollar. Dollar to gold ratio and Dollar to silver ratio is still zero.