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Ripple XRP joins ISO 20022 The Global Payment Standard

Gesara.news » News » Ripple XRP joins ISO 20022 The Global Payment Standard

News Date: May 7, 2020

Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT). The new payment messaging standard is set to replace SWIFT MT messages as the standard format for cross-border and high-value payments.
Source:coinspeaker.com

TRUMPSARA: The Great Awakening?

Donald Trump Tweet: All-time Stock Market high. The Vaccine and the Vaccine rollout are getting the best of reviews. Moving along really well. Get those "shots" everyone! Also, stimulus talks looking very good.
The Great Awakening?
The SHOT heard around the world?
The Vice Presidents vaccine event will take place at 8:00AM in EEOB 350 and will be covered by pool press only.
Gematria decode: Moderna Vaccine = Trumpsara
Stay Tuned!
Sources: twitter.com, twitter.com, www.gematrix.org

Investors should prepare for more wealth destruction

Senior brokers are warning their clients to pull money out of the stock market.
Investors seem to be nervous. And perhaps rightfully so.
A 48-year market vet warns that investors should prepare for more wealth destruction than we have ever seen as the Fed gets set to tighten policy.
David Hunter reiterated his call for a steep decline in stocks ahead.
He said he expects the S&P 500 to drop as much as 80% from its peak.
Hunter said Fed tapering would trigger the crash. Investors seem to be nervous. And perhaps rightfully so.
Stocks are up 90% from the lows in the last year-and-a-half, an extraordinary bull run.
Many measures of valuation show historic over-extension.
The Federal Reserve is getting set to taper asset purchases.
Treasury bond yields are expected to rise.
Personal finance expert Robert Kiyosaki warned the October crash is coming regardless of whether the US debt ceiling is raised or what measures are imposed by Treasury Secretary Janet Yellen or Federal Reserve chair.
Sources: flipboard.com, www.independent.co.uk

Brazil is pushing to reform the World Bank and the IMF

Brazil's G20 presidency is focused on leveraging its influence to drive essential reforms within the IMF and the World Bank.
The nation aims to enhance the representation of emerging economies, including the BRICS nations, in these institutions.
Additionally, Brazil is exploring alternative financial mechanisms like the BRICS Bank to complement the existing global financial architecture.
This proactive approach seeks to create a fairer and more inclusive global economic order.

The FED announces a new upgraded system

The Federal Reserve Board announced that it will replace its current bank application filing system with a new and upgraded system later this month.
The substantive requirements of applications will remain the same with the new system making the filing process more intuitive and minimizing paper applications and communications.
Sources: federalreserve.gov

Iraq, one more brick to GESARA

The Iraqi Prime Minister has expressed interest in joining BRICS, pending an invitation from the founding members, showcasing Iraq's desire to strengthen its global ties.
Furthermore, Iraq is set to ban cash withdrawals and U.S. dollar transactions from January 1, 2024, signaling a shift in its financial strategy and greater economic autonomy.
These developments underline Iraq's proactive stance in international affairs.
The Iraqi Dinar (IQD) is experiencing a significant surge in the Foreign Exchange (FOREX) market, marking a turning point for Iraq's currency.
Several factors, including economic recovery, global recognition of Iraq's gold & oil reserves, and proactive measures by the government and central bank, have contributed to the IQD's newfound strength.
This surge is not only attracting investors but also enhancing Iraq's role in international trade. Ultimately, the IQD's rise is empowering both Iraq's economy and its citizens by increasing purchasing power and economic opportunities.

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