EO on the National Quantum Initiative Advisory Committee
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News Date: July 19, 2020
Donald Trump signed an Executive Order on Establishing the National Quantum Initiative Advisory Committee at White House, August 30, 2019.
Quantum Information Science (QIS) is an emerging field with the potential to cause revolutionary advances in fields of science and engineering involving computation, communication, precision measurement, and fundamental quantum science.
Sources:www.whitehouse.gov, en.wikipedia.org
Trump middle-class tax cuts benefit confirmed
Despite what media and Dems say, Trump's tax cuts benefited the Middle Class the most according to IRS data.Most middle-income and working-class earners enjoyed a tax cut that was at least double the size of tax cuts received by households earning $1 million or more.
The Tax reform provided the greatest benefits for the middle-income class and spurred economic growth that helped reduce poverty and improve prosperity.
Source: thehill.com
Arca first SEC regulated fund Ethereum based
Asset management firm Arca has announced the first-ever products regulated under current SEC standards(U.S. Securities and Exchange Commission), adhering to the strictest investor protection laws globally.Financial institutions could potentially use these digital assets for a wide range of use cases, including payments, lending, clearing and settlement, trading and treasury management.
Arca Labs, chose the Ethereum blockchain, one of the largest public blockchains, launching so-called digital securities ArCoin, which uses the ERC-1404 protocol.
Source: www.ar.ca
Yuan and ruble to replace dollar in Pakistan
Pakistan, among other nations, is brushing off the US dollar due to sanctions by making way for the Chinese yuan and Russian ruble.The President of the Trade House of Pakistan Association Zahid Ali Khan said on Tuesday: replacing the US dollar with Russian rubles and Chinese yuan is a potential plan Pakistan is considering.
Sources: almayadeen
Judy Shelton is Right About the Gold Standard
Economist Peter Schiff expected that gold will resume its role in the global monetary system, that is, the countries of the world will return to the gold standard, and this is not strange in light of the economic crisis the world is witnessing.It is simply false to claim that the gold standard was a source of perpetual economic chaos, and that we are better off today without it. All things considered, the gold standard is "superior in some respects and no worse in others." Rather than a "barbarous relic," as John Maynard Keynes famously called it, the gold standard is an instrument for economic harmony and civilized commercial relations.
Source:www.saudi24news.com, www.aier.org
Best Stimulus Package
Trump Promises Best Stimulus Package You Have Ever Seen, After Election. Trumps announcement put his stamp of approval on a new timetable that came to the fore earlier in the day after Senators left Washington, D.C., for a pre-election break.Sources: www.newsmax.com