Ripple and SWIFT on one platform

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News Date: August 6, 2020

IBIS announced that its customers will be able to connect to Ripple and SWIFT in their pockets, on one platform. In that sense, IBIS stated that its customers will have unlimited banking possibilities. SWIFFRoute customers will be able to process payments through RippleNet and an out of the box banking integration.
Source:www.crypto-news-flash.com

Eurasian alliance plans its own gold standard

Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure for the international precious metals in order to both destroy London and New York's monopoly over global precious metals pricing and to stabilize the Russian gold market.
The basis of this new structure will be a new, specialized international precious metals brokerage headquartered in Moscow, which will rely on the MWS.
Russia is also proposing to fix prices of precious metals in the national currencies of key member countries or via a new monetary unit - such as the new BRICS currency proposed by Putin.
The price-fixing committee would include central banks and other large banks from the Eurasian Economic Union (EEU).
Member states of the EEU are Russia, Kazakhstan, Belarus, Kyrgyzstan, and Armenia.
The idea would be to make membership attractive to big gold players like China, India, Venezuela, Peru, and other South American countries.
Sources: kitco.com, bullionstar.com

Countries With Largest Gold Reserves. Philippines number one

What happened to the gold of our ancestors that has been transferred under the custody of Marcos Family?
Philippine Islands are "Riches Country in the World!" There are 950,000 metric tons of gold ( declared missing in the International Court of Justice in Hague) picked up by Yamashita from its European Ally, Hitler and another 250,000 metric tons of the Japanese loot around Southeast Asia are both now in the Philippines. Very few Filipinos knows this( Wall Street Journal, November 15,1985 issue wrote: "Two Thirds of all the gold in the world is in Philippines and One third is divided among the rest of the countries of the world")
During A TALK SHOW in a U.S. TV , the week following the bombing of the New York Twin Towers, President George Bush was asked this question: Which is the richest country in the world today? With a smile he said; "The Philippines." In a US TV interview as well with President Barrack Obama, in his "700 Billion USD stimulus funds" for US economy, he was asked a question where will he get the billion dollar substantial funds needed and quoted saying. "We have friends outside US who will support us".
The branded Yamashita Treasure was considered "booty". There were varied country claimants who are victims of the said WWII loots and these countries filed protest and claims after the war in the International Court of Justice. Though, there was a passage of law for thirty years starting 1946, that without a valid claim against it this "booty" it would belong to its new possessor. That would have been in 1976. However, the International Criminal Court (ICC) extended the deadline of the claims to 10 years up to 1986.
With the conspiracy of the International Banking Cartel, neither the ICJ denied the existence of these gold and claims. Sadly, Successive governments of the Philippines denied its existence and failed to acknowledged the gold. For almost 24 years, Information has been conspired to keep from being known to Filipino people.
Source:youtube.com

Mississippi to Phase Out Income Tax Under New Law

Mississippi Governor Tate Reeves has officially signed a bill into law that sets the state on a path to phase out its income tax. The legislation, a major victory for conservative economic policy, aims to gradually reduce and eventually eliminate personal income tax in the state, making Mississippi one of the few states without such a levy.
Supporters argue that the move will attract businesses, boost economic growth, and put more money into the hands of residents. Opponents, however, warn that eliminating the tax could strain state revenues, potentially affecting funding for education, infrastructure, and public services.
Gov. Reeves hailed the decision as a step toward greater financial freedom, emphasizing Mississippi's commitment to lower taxes and a pro-business environment. The phase-out plan will occur over several years, with incremental reductions to ensure a smooth transition.
Mississippi now joins a growing number of states pursuing aggressive tax-cutting measures, reflecting a broader national debate over taxation and economic policy.

Quantum computers will revolutionize financial services

Quantum computers leverage certain principles of physics that allow them to process information more effectively than the computers currently being used.
Businesses within the financial industry will benefit from this technology as quantum computers decrease risks, enhance customer services, and increase investment opportunities.
This innovation will transform the industry within the next years. Leaders and stakeholders in this field should act now, partnering externally and investing internally to make the most of quantum computers.
Source: bangkokbankinnohub.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