Kenya pushes for global financial reform tomorrow

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News Date: April 28, 2024

President Ruto of Kenya will lead African presidents in advocating for global financial system reform at an upcoming meeting.
He aims to address the imbalance that favors wealthy nations, pushing for equitable resource distribution.
Ruto's focus includes reforming institutions like the World Bank to ensure African voices are heard.
This initiative underscores the need for a fairer and more inclusive international financial system, resonating beyond Africa's borders.

A new gold standard is coming

Excessive monetary stimulus, a by-product of an undisciplined fiat money system, will create problems for our economy as well as financial distortions, and the long-term solution is to move away from this system and re-adopt a gold standard.
There are a lot of financial bubbles, there are excessive debt levels, inequality is rising, you have got moral hazards, all these side effects of a fiat money standard are not really what we want, and eventually we get a lot of monetary instability and I think then at that point we have to get back to a gold standard.
Sources: www.silverdoctors.com, www.youtube.com

XRP the Ripple force in the Federal Reserve projects

Fed Faster Payments Task Force gives Ripple vote of confidence for next gen of global payments.
Ripple's Executive Elected to Fed's Faster payments Task Force.
The desired outcomes focused on speed, security, efficiency, cross border payments, and industry collaboration.
Source:ripple.com

Egypt to trade in local currencies with BRICS

Egypt will abandon the US dollar, establishing trade with BRICS countries in local currencies. Egypt has announced that they are ditching the US dollar in their trade with China, Russia, and India.
"Nothing of the sort has been implemented but there are discussions so that we can trade in local currencies of countries like India, Russia or China," Egyptian Supply Minister Ali Moselhy told Reuters.
Last year, Egypt formally applied to join BRICS and the SCO.

ISO 20022 migration launched

Swift's ISO 20022 Services for Cross-Border Payments Ready for Customer Testing with Launch of In-Flow Translation.
Swift launches translation service for cross-border payments.
In-flow Translation will enable financial institutions to realize the benefits of rich data when they migrate to ISO 20022, even if their counterparts have not yet adopted the standard.
The availability of a test environment means that customers can now prepare for ISO 20022 a year before it goes live.
Source: paymentsjournal.com

Unleashing U.S. Innovation: A New Tech Era

Michael Kratsios’s (Director of the White House Office of Science and Technology Policy) call for a new American Golden Age at the Endless Frontiers Retreat and President Trump’s April 15, 2025, Presidential Memorandum to modernize infrastructure approvals share a bold vision: harnessing technology to reclaim U.S. leadership. Kratsios advocated dismantling regulatory barriers and protecting critical technologies, while the Memorandum emphasizes digitalization to streamline infrastructure projects, fostering innovation in energy and transport. These initiatives align with Section 19 of the NESARA, which enables the release of over 6,000 suppressed patents for technologies like free energy, anti-gravity, and sonic healing machines.
The U.S. does maintain secrecy orders under the Invention Secrecy Act of 1951, with 5,784 patents classified in 2017 for security or economic reasons. Examples include solar panel technology restricted decades ago, suggesting some innovations may indeed be delayed.
The current push for regulatory reform and technological adoption could indirectly “unlock” innovations like advanced nuclear reactors or quantum cryptography, which have faced bureaucratic hurdles. By prioritizing efficiency and competition with rivals like China, these initiatives may create an environment where transformative technologies—whether “suppressed” or simply underutilized—can thrive, fueling a new era of American ingenuity.