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US Patent for Quantum computing in business problems

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News Date: September 13, 2021

Accenture Awarded US Patent for Combining Classical and Quantum Computing with Potential to Address Previously Unsolvable Business Problems.
Quantum computing has the potential to solve complex business problems millions of times faster than classical computing by leveraging the properties of quantum physics to process multiple computing tasks in parallel.
Accenture new patent - U.S. Patent No. 10,095,981 - reveals how businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that could not be solved before.
Sources: www.businesswire.com

Trump Allies Target Fed's Independence: WSJ

Some members of Trump's team are devising plans to restructure the Federal Reserve, which could grant the president direct influence over interest rate decisions and potentially remove the current Fed Chair, Jerome Powell, from office before his term ends in 2026.
This move is part of a broader strategy by Trump's allies to diminish the Federal Reserve's independence if he secures a second term, amidst internal disagreements among his advisers on how forcefully to challenge the central bank's authority.
> WSJ report<
This effort follows the federal government's actions in 2020, during Trump's tenure, where large portions of the financial markets were nationalized, with the Federal Reserve providing the necessary funds.
Notably, BlackRock was entrusted with executing the trades, effectively merging the Federal Reserve and Treasury into a singular entity.

China testing digital yuan in four cities

The app is available for download in four cities selected for the initial trial: Shenzhen, Chengdu, Suzhou and Xiongan. She highlights the inclusion of Xiongan, a new metropolis located on the outskirts of Beijing
Source:coindesk.com

Putin Announces BRICS Independent Payment System

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.

Iran Joins Russia in BRICS Currency Initiative

Iran is collaborating with Russia in BRICS initiatives, including developing a single currency for the bloc, according to Iranian Ambassador to Russia Kazem Jalali.
He highlighted Iran's active role as a new BRICS member at the Russia-Islamic World: KazanForum.
"The creation of a new single currency within the framework of the association is what Russia and Iran are working on," the diplomat stated.

The silence of the Stock Market Crash

The stock market rally has its days counted and the substantial drops seen over the past few weeks suggest that the catalyst for an epic crash is rising inflation.
The tech sector has already witnessed some sharp losses, but right before the market closed on Friday, the meltdown was becoming more widespread.
For a long time now, analysts, experts, economists, and investors have been sounding the alarm about an explosive and sudden stock market crash that would wipe out billions in earnings overnight.
And even though the collapse of the bubble has already started, we're still hearing silence.
Source: youtube.com

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