Introducing the new global financial system

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News Date: April 16, 2022

Answers provided by Sergey Glazyev, Russian Geoeconomics Tzar:
The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources.
And it will liberate the Global South from both western debt and IMF-induced austerity.
Transition to the new world economic order will likely be accompanied by systematic refusal to honor obligations in dollars, euro, pound, and yen.
In this respect, it will be no different from the example set by the countries issuing these currencies who thought it appropriate to steal foreign exchange reserves of Iraq, Iran, Venezuela, Afghanistan, and Russia to the tune of trillions of dollars.
Full article: Authored by Pepe Escobar via The Cradle

Iraq rose in the top of gold reserves

Iraq achieves a major global leap in gold reserves.
Iraq rose 10 ranks among the countries with the most gold in the world, according to the latest report of the World Gold Council, issued today, Sunday.
Iraq has become the fourth largest Arab gold reserve after it was the sixth, surpassing Egypt and Libya, which ranked fifth and sixth, respectively.
Sources: search4dinar

Trump disappointed in blocking benefits

Very disappointed in Chuck Schumer for blocking the temporary extension of the $600 unemployment benefits. The Do Nothing Democrats are more interested in playing politics than in helping our deserving people. DRAIN THE SWAMP ON NOVEMBER 3RD!
Source:twitter.com

Xi Jinping to Visit Saudi Arabia before the end of the year

China's Xi Jinping to Visit Saudi Arabia Amid Global Reshuffling.
Chinese leader Xi Jinping is planning to visit Saudi Arabia before the end of the year, according to people familiar with preparations for the trip, as Beijing and Riyadh seek to deepen ties and advance a vision of a multipolar world where the U.S. no longer dominates the global order.
Sources: wsj

The new Petro-Gold-Yuan system

Gold will be instrumental in China's plan to create an international oil/renminbi market.
Gold will be a crucial factor for China as the nation looks to strengthen the yuan's international credibility and continues to push forward its plans to buy oil from Saudi Arabia.
Sources: kitco.com

Iraq is working on the equal deal

Iraqi officials are disclosing that the government is now working on 'equal deal' project for trade and imports with some countries such as China, Iran, and India in their own currencies.
They are pointing out that Baghdad is studying the establishment of a free zone to import materials, marketing them to the private sector, and ensuring their delivery to the consumer at competitive prices in Iraqi dinars.
These sources revealed that there are ongoing negotiations with countries to regulate trade and take the best options in terms of payment.
This project reminds us of Donald Trump's statement:
All Currencies will be on an Even Level Playing Field much sooner than most people understand or think