WH is launching Quantum Information Science official website

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News Date: October 8, 2020

White House is launching http://quantum.gov, the official website of the National Quantum Initiative and Quantum Information Science.
Quantum Information Science (QIS) emerges from a deeper consideration of how quantum physics (our description of the world at the microscopic level) has implications for information science.
The National Quantum Initiative Act (NQI Act) was signed into law by President Trump on December 21, 2018 to accelerate quantum research and development for the economic and national security of the United States.
Sources:www.quantum.gov

Ramaswamy supports Trump and commodity-backed currency

Billionaire entrepreneur Vivek Ramaswamy claims BRICS is developing a gold-backed currency to replace the U.S. dollar as the world's primary reserve currency.
"This is a major problem for the United States.
This would permanently increase our borrowing cost if the dollar is no longer the established reserve currency of the world.
So yes, actually, that does matter. The right way to deal with it, though, is not to try to swat that down, but increase the value proposition of the dollar itself by pegging the dollar to hard commodities," he stated in a press conference.
Vivek Ramaswamy dropped out of the presidential race and endorsed Donald Trump. Known for supporting currencies backed by commodities, his alliance with Trump suggests a shared vision for economic stability and challenges to traditional fiat systems.

BRICS, EAEU & SCO alliance

The second Eurasian Economic Forum, which will be held in Moscow on May 24 - 25, will feature discussions on the integration of BRICS, EAEU & SCO blocks.
"The expansion of mutually beneficial cooperation between integration formats not only contributes to the growth of national economies but can also have a significant impact on the formation of new approaches to the functioning of the global market,", Mikhail Myasnikovich, the chairman of the board of the Eurasian Economic Commission, explained on their official website.

Musk: This partnership can unlock a Star Trek future

In a landmark move, U.S. President Donald Trump signed a “Strategic Economic Partnership” with Saudi Arabia on May 13, 2025, securing $600 billion in investments across AI, technology, energy, and defense. The agreement, signed with Crown Prince Mohammed bin Salman in Riyadh, marks a pivotal step in deepening the 80-year U.S.-Saudi alliance, with ambitions to scale investments to $1 trillion over four years.
The deal includes a $142 billion defense package, the largest in U.S. history, bolstering Saudi military capabilities with advanced U.S. equipment. Additionally, $20 billion from DataVolt will fund AI infrastructure, while $80 billion in joint tech ventures signals a shift toward innovation-driven economies. Saudi Arabia’s Vision 2030, aimed at diversifying from oil, aligns with these investments, particularly in AI and tech.
American business titans, including Tesla’s Elon Musk, OpenAI’s Sam Altman, and BlackRock’s Larry Fink, joined Trump at the Saudi royal court, underscoring the deal’s economic weight. The Saudi-U.S. Investment Forum, where Musk spoke, highlighted transformative technologies like Tesla’s Optimus robots and autonomous robo-taxis.
Musk concluded his speech with optimism: “I’m very excited about the future and very glad to be here. This partnership can unlock a world of prosperity, where humanoid robots and AI drive unprecedented economic growth, potentially creating a universal high-income society. Together, we can explore the stars and understand the universe.” His vision of a “Star Trek future” resonated with Saudi ambitions to lead in innovation.
This partnership not only strengthens U.S.-Saudi ties but also positions both nations as global leaders in the AI and tech revolution, promising economic prosperity and technological advancement.

Vatican entities to move all funds to Vatican ASAP

Pope Francis instructs Vatican entities to move all funds to the Vatican bank by September 30.
Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank.
The subject of the transfer are the institutions connected with the Holy See that are holders of financial assets and liquidity, in whatever form they are held.
Source: catholicnewsagency.com

Fiat destruction. Crypto or gold?

The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view.
The final solution is bound to be with central banks and government treasury departments retaining their control as issuers of money by the only means at their disposal: deploying their gold reserves to back their currencies, not as fiat, but as credible gold substitutes.
The crypto cohort is likely to have an important effect, in that it sparks an early realization in a growing part of the wider population about what government is doing with money. That is likely to speed up the collapse of fiat currencies compared to what would otherwise occur.
The flexibility in the supply of monetary gold and the stability of prices allows the original rate of interest to be both low and stable. It allows entrepreneurs to do business calculations with a high degree of certainty, knowing in terms of goods the value of money. And savers, who provide the monetary capital for future production can be confident of the future capital value of their savings when lending them for business investment purposes.
Sources: kingworldnews.com, www.zerohedge.com