Qatar boosted gold reserves to record levels
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News Date: August 25, 2022
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
Jupiter and Uranus, very rare align in conjunction
On April 20th of 2024, and in the days surrounding, Jupiter and Uranus will very rarely align in conjunction at 21 Taurus, a degree that governs national economies.Symbolically speaking, Jupiter and Uranus together in this degree can represent a global collective of national economies along with an event or series of events that greatly benefits them all with strong revolutionary, collaborative and humanitarian themes being connected.
Source: www.starseedastrology.com
Saudi Arabia wants to join BRICS
South African president says Saudi Arabia wants to join BRICS.Cyril Ramaphosa revealed this during his two-day state visit to the kingdom on Sunday.
The BRICS nations are going to be meeting in a summit next year under the chairship of South Africa.
And the matter is going to be under consideration.
Sources: insiderpaper.com
Russia Proposes SWIFT-like System for BRICS
Russia is advocating for BRICS countries to develop their own financial messaging system, similar to SWIFT, to reduce reliance on Western institutions and boost financial autonomy.Deputy Chairman Alexander Babakov stated this system would allow secure, independent transactions via state-owned banks, support African development, and reduce neocolonial influences.
Integrating with national infrastructures and using advanced cybersecurity, the system would lower transaction costs, speed up capital turnover, and improve liquidity, benefiting international trade.
"The creation of a financial messaging system similar to SWIFT will help create a new economic reality for the BRICS countries," Babakov said.
Source: TASS.
Iraq to Regain Control of Its Own currency
Washington stops the automatic deduction from Iraqi oil revenues to compensate Kuwait.The Chairman of the Committee of Financial Experts, Abdul Basit Turki, revealed, Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation.
Turki called for the Ministry of Foreign Affairs and the concerned authorities to move to urge the formulation of a draft resolution that includes removing Iraq from the provisions of Chapter VII of the Charter of the United Nations completely.
With Chapter 7 Lifted, Iraq Regains Control of Its Own currency, oil, and economy.
Source: search4dinar.wordpress.com
Supreme Court justice to serve the American people
Amy Coney Barrett said Saturday that, if confirmed as a United States Supreme Court justice, she would assume the role to serve the American people.Judge Amy Coney Barrett: "I love the United States, and I love the United States Constitution."
Sources:twitter.com/WhiteHouse, www.whitehouse.gov