Payroll Tax Cut
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News Date: August 5, 2020
President Trump said Wednesday that he has the absolute right to suspend payroll tax collections without the approval of Congress.
The president has considered issuing an executive order suspending evictions and payroll cuts.
Source 1:www.foxbusiness.com/
President Trump recent tweeted Payroll Tax Cut plus Dollars!
Source 2:twitter.com
Also, in march 2020, Trump proposed eliminating payroll tax through the end of the year.
Source 3:www.nbcnews.com
Space Force launches Orbital Prime program
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
FED will adopt ISO 20022 message format
Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service and invites public comment on proposal to expedite adoption.The Federal Reserve Board on Monday announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.
The change will allow for enhanced efficiency of both domestic and cross-border payments, and a richer set of payment data that may help banks and other entities comply with sanctions and anti-money laundering requirements.
Sources: www.federalreserve.gov
Putin urges for an international independent Digital Payment System
Vladimir Putin Urges for Creation of a Digital Payment System for International Settlements.President of Russia Vladimir Putin has called for the establishment of a new system for international settlements, independent from banks and third-party interference.
It can be created using digital currency technologies and distributed ledgers, the Russian leader said, quoted by local media.
Sources: news.bitcoin
Principles of BRICS expansion
Russian Foreign Ministry: BRICS countries discuss principles of alliance expansion.Ivan Nechayev, deputy director of the information and press department of the Russian Foreign Ministry, said at a briefing on Thursday, August 11, that the establishment of criteria for the accession of new BRICS members is already underway.
Iran and Argentina applied to join the BRICS, and later it became known that Turkey, Egypt, Saudi Arabia, Nigeria, and Algeria would also like to become part of the alliance.
In addition, Cuba's ambassador expressed the need for economic cooperation with the BRICS.
Sources: tvbrics.com
Transition to Greatness on RV. Great American Comeback!
Remember what RV stands for? RV = ReValuation(Global Currency Reset) or Recreational Vehicle.Is this a pure coincidence?
Again? Everybody loves RVs suddenly.
In Vice President Mike Pence's visit to Winnebago Industries in Forest City on Tuesday afternoon, he wasn't shy about calling the RV manufacturer a crucial part of the "Great American Comeback".
Sources:twitter.com/Mike_Pence, albertleatribune.com