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

US treasury dollar on the US Debt Clock

No more federal reserve note on USDebtClock.org. Now called US treasury dollar.
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Panic! Donald Trump retweeted the Kraken description

Lin Wood, the attorney of Donald Trump, tweeted On November 24 the post of The Marshall Report, describing what is the Kraken.
Shortly President Donald Trump retweeted this post.
In our previous post, you can find the whole article related to Kraken.
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Sources: twitter.com, gesara.news

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China testing digital yuan in four cities

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Saudi Arabia to host China-Arab summit during Xi visit

Saudi Arabia plans to host a Chinese-Arab summit on Dec. 9 attended by Chinese President Xi Jinping during his visit to the kingdom, three Arab diplomats in the region familiar with the plans said on Wednesday.
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