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Putin vows development, security and a strong monetary system

Gesara.news » News » Putin vows development, security and a strong monetary system

News Date: January 5, 2024

Russian President Vladimir Putin said the motto of Russia's 2024 BRICS chairmanship is 'strengthening multilateralism for equitable global development and security', focusing on positive and constructive cooperation with all countries involved.
Moscow intends to strengthen BRICS's position in the global monetary system, Putin added Monday at the beginning of 2024 BRICS chairmanship:
'We will contribute to the practical implementation of the Strategy for BRICS Economic Partnership 2025 and the Action Plan for BRICS Innovation Cooperation 2021-2024 for ensuring energy and food security, enhancing the role of BRICS in the international monetary system, expanding interbank cooperation and expanding the use of national currencies in mutual trade.'

Chinese, Russian payment systems consultations

Chinese and Russian central banks to discuss the use of national payment systems.
The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
Russian banks may issue cards with China as Visa, and Mastercard cut links.
The use of the Mir and China UnionPay national payment systems in both countries will be decided by the two sides' central banks at consultations.
Sources: reuters.com

Ghana plans to buy oil with gold rather than dollars

Ghana working on a plan to buy oil with gold rather than the dollar.
Ghana's government is working on a new policy regime where gold will be used to buy oil products rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday.
Sources: reuters.com

Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One

Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way." In an interview, Judy Shelton told reporters:
"I don't see it so much as returning [to the gold standard], more like 'back to the future.' I think that what a gold standard stands for is monetary discipline for its own sake. Money is supposed to be a unit of account, a reliable measure and a dependable store of value. It really shouldn't be subject to who's the chairman of the Federal Reserve."
Source:cointelegraph.com

The Kraken is a Cray XT5 supercomputer to Break Petascale

The University of Tennessee supercomputer, Kraken, has broken a major barrier to become the worlds first academic supercomputer to enter the petascale, performing more than 1 thousand trillion operations per second, a landmark achievement.
The Kraken Cray XT5 supercomputer at the National Institute for Computational Sciences (NICS) has been upgraded to become the first academic computer in the world to exceed one petaflop of calculation power.
Sources: news.utk.edu, news.softpedia.com

Operation Starfall. New Internet?

H.R.5123 - American Freedom and Internet Access Act of 2021
Introduced 08/27/2021
SEC. 2. OPERATION STARFALL.
Not later than 45 days after the date of the enactment of this Act, the Secretary of the Air Force,
in consultation with the Chief of Space Operations, shall develop and begin implementation of "Operation Starfall",
a strategic plan to deploy stratospheric balloons, aerostats, or satellite technology capable of rapidly delivering
wireless internet anywhere on the planet from the stratosphere or higher.
Sources: www.congress.gov

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