Space Force launches Orbital Prime program

Gesara.news » News » Space Force launches Orbital Prime program

Share via:

News Date: November 8, 2021

Space Force launches 'Orbital Prime' program to spur the market for on-orbit services.
Orbital Prime launches to spur government and private investment in on-orbit servicing, assembly, and manufacturing (OSAM) technologies.
Sources: spacenews.com

Iran, Russia planing the token of the Persian Gulf backed by gold

Iran and Russia want to issue a new stablecoin backed by gold.
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
The "token of the Persian Gulf region" would serve as a payment method in foreign trade.
Sources: cointelegraph.com

Somalia secured the debt relief from IMF and World Bank

Following Ethiopia's $1.5 billion agreement in November, the IMF and World Bank recently granted $4.5 billion to Somalia in debt relief, which represents a significant step toward reducing financial pressures in the region.
This show of unity denotes a deliberate attempt to tackle the economic difficulties these countries are facing.
It seeks to strengthen Somalia's faltering economy and promote stability and long-term growth in the region by reducing debt.
These programs highlight the value of international collaboration in supporting poor countries, highlighting the critical role these organizations play in enabling economic recovery and supporting important developmental projects.

Fintech and XRP Support in US GOV Register New Rule

The Remittance Transfers Under the Electronic Fund Transfer Act final rule is effective July 21, 2020.
The continued growth of "fintech" nonbank remittance transfer providers and their further expansion into partnerships and other relationships with banks and credit unions, which allow such entities to tap into the closed network payment systems that nonbank remittance transfer providers have developed and (3) the continued growth and expanding partnerships of virtual currency companies, such as Ripple, which offer both a payments messaging platform to support cross-border money transfers as well as a virtual currency, XRP, which can be used to effect settlement of those transfers.
The Bureau also believes that expanded adoption of SWIFT's gpi product or Ripple's suite of products could similarly allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they are sent.
Source: www.federalregister.gov

The Defund Davos Act

A group of House Republicans, led by Scott Perry have introduced the Defund Davos Act, seeking to halt federal funding to the World Economic Forum (WEF).
With the U.S. having spent tens of millions on the WEF over the years, GOP lawmakers argue for redirecting funds to domestic priorities.
The legislation underscores concerns about taxpayer money supporting an international forum that may not align with American interests.
The move is sparking debates in Congress over fiscal responsibility and the country's role in global initiatives.

FED Rigged the Game... And, they got caught

Dallas Fed President Kaplan to retire early on Oct. 8, citing trading disclosure distraction.
Boston Fed President Eric Rosengren To Retire After Ethics Issue.
Rosengren retires because of health issues. From a week ago: He made as many as 37 separate trades in the four REITS while the Fed purchased almost $700 billion in mortgage backed securities.
Federal Reserve Chairman Jerome Powell has ordered a review of ethics rules for the central bank after an outcry over officials owning individual securities.
Fed Chief Powell, other officials owned securities central bank.
Sources: www.cnbc.com, www.zerohedge.com