Putin Announces BRICS Independent Payment System

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Date: June 7, 2024

Russian President Vladimir Putin announced that BRICS is developing an independent payment system, free from political pressure and external interference.
Speaking at the St. Petersburg International Economic Forum, Putin emphasized that countries are racing to strengthen their sovereignty against Western hegemony.
He criticized Western nations for their neo-imperialist intentions and highlighted BRICS+ as a counterweight to Western power.
He noted that BRICS has the potential to attract new members and is actively working on a new payment system to avoid political and economic sanctions.

Qatar boosted gold reserves to record levels

Qatar boosts gold reserves to record levels after buying 14.8 tonnes in July.
The Qatar Central Bank is the latest bank to announce an increase in its holding of precious metals.
Reserve data from the central bank shows it bought 14.8 tonnes of gold last month.
Source: kitco.com

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

Elon Musk questions IRS DOGE audit

Elon Musk recently posted, 'Would you like DOGE to audit the IRS?' After most users voted 'Yes,' he responded with 'Vox Populi, Vox Dei.'
Given Musk's history, such polls often hint at future moves. With his fascination for shaking up the status quo, a poll about the Federal Reserve wouldn't be surprising.
Whether playful or strategic, Musk's polls often spark conversations that challenge traditional financial systems. What's next? We'll likely find out soon.

BRICS to achieve a safer and more harmonious world - Putin

At the BRICS parliamentary forum held in St Petersburg, Russian President Vladimir Putin emphasized the pivotal role of BRICS nations in fostering a safer and more harmonious global environment.
In his address on Thursday, Putin highlighted the collaborative potential of BRICS to contribute significantly towards global peace and stability.
He underscored the importance of mutual cooperation and collective efforts among BRICS countries to tackle global challenges, promote economic development, and ensure a balanced world order.
"We will be able to achieve the maximum implementation of the economic, investment, technological, and human potential of our countries, and strengthen the constructive influence of BRICS on global processes," he said.

Trump announces GESARA-related initiatives at Davos

Trump remotely addressed the World Economic Forum in Davos, pledging to reverse inflation and cut taxes.
Trump also stated: I want to obliterate US debt, and it will happen rapidly.
Trump: The world will be more peaceful.
President and CEO of the World Economic Forum, posed a question about China:
We know that you called President Xi Jinping last Friday...
President Trump: He called me, but I see it very good. I think that we are going to have a very good relationship. All we want it fairness. We just want a level playing field.