Saudi Arabia Open to Talks on Trade in Currencies Besides Dollar

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News Date: January 17, 2023

Saudi Arabia, the world's largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told Bloomberg TV in an interview in Davos on Tuesday.
Source: bloomberg

Declaration for Global Peace and Prosperity

The Declaration of the People of the United States for Global Peace and Prosperity was introduced today by Simon Parkes on his website.
The statement is about the QFS, RV, and Spiritual revolution. It has been written by the good guys of this planet.
Anyone should be interested to read it.
Sources: simonparkes.org

Speeding up the BRICS - SCO payment system

A new, "cutting-edge" payment system for the currencies of the Shanghai Cooperation Organization (SCO) and BRICS countries should be established as soon as possible, according to the chairman of Russia's National Economic Development Organization VEB.RF, Igor Shuvalov.
In his remarks at a Russian-Chinese Business Forum on Tuesday in Shanghai, Shuvalov emphasized the need for Russia and China to hasten the development of an effective payment system.
"We urge the government of the Russian Federation and our Chinese partners to act as actively as possible.
An independent and efficient infrastructure of payments is necessary not only for ensuring the "ruble/yuan" pair but also for carrying out the most serious transactions in SCO and BRICS currencies," said Shuvalov.

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.

BRICS Summit Opens in Rio Amid Key Absences and Reform Push

🌍 July 6, 2025: The BRICS summit kicks off in Rio de Janeiro with 11 member nations united around a joint declaration—marking rare consensus amid complex global divides. Finance ministers called for IMF reform and a shift in voting power toward emerging economies. The group also sharpened its tone on Middle East tension and backed Brazil and India for UN Security Council reform. Notably absent are Xi Jinping, citing a scheduling conflict, and Vladimir Putin, avoiding arrest risks. Their absence shifts focus to Brazil and India.
Stay tuned, as the story of a new global order unfolds.

Gold's Central Bank Buying and Possible Revaluation

Jim Grant is writing about Gold again: The press infatuation with pronouncing Gold dead, Central Bank purchases and history, Gold's performance in 2022 as inflation hedge (not so good), the potential for European Central Bank revaluations.
Also, The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: vblgoldfix, gesara.news