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What is Special Drawing Right (SDR)

Gesara.news ยป News ยป What is Special Drawing Right (SDR)

News Date: July 7, 2020

The SDR was initially defined as equivalent to 0.888671 grams of fine gold-which, at the time, was also equivalent to one U.S. dollar. After the collapse of the Bretton Woods system, the SDR was redefined as a basket of currencies.
Source: www.imf.org

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

Next generation supersonic jet

Virgin released a few fantastic conceptual designs of the new supersonic commercial aircraft that would have the capacity for 9 to 19 people at an altitude above 60,000 feet.
The now-retired Concorde flew at average cruising speed around Mach 2, which would mean the Virgin aircraft could hit speeds over 2,300 mph, or about 50% faster.
Sources:liveandletsfly.com, www.zerohedge.com

Texas Legalizes Gold & Silver for Daily Use in Bold Financial Shift

๐Ÿ† June 29, 2025: Texas has officially recognized gold and silver as legal tender for everyday transactions. Governor Greg Abbott signed the groundbreaking law, making Texas the first state to enable routine payments using precious metals via the Texas Bullion Depository. The move introduces a state-backed digital currency tied to physical gold and silver, offering Texans an alternative to fiat money and signaling a broader push for financial autonomy and innovation.
May 28, 2025: ๐Ÿ›๏ธ C.S.H.B. 1056 is a revised bill that updates existing law to officially recognize gold and silver specie as legal tender in Texas. It also lays the foundation for creating a transactional currency backed by physical gold and silver.๐Ÿฅ‡๐Ÿฅˆ
November 22, 2024: Texas State Representative Mark Dorazio filed House Bill 1049 and House Bill 1056 on November 12, to create gold and silver-backed transactional currencies.
Original news:
Texas Lawmakers Introduce Bills to Create Digital Currency Backed by Gold.
The comptroller shall establish a digital currency that is backed by gold so that each unit of the digital currency issued represents a particular fraction of a troy ounce of gold held in trust as provided by this chapter.
Source: capitol.texas.gov

Putin vows development, security and a strong monetary system

Russian President Vladimir Putin said the motto of Russia's 2024 BRICS chairmanship is 'strengthening multilateralism for equitable global development and security', focusing on positive and constructive cooperation with all countries involved.
Moscow intends to strengthen BRICS's position in the global monetary system, Putin added Monday at the beginning of 2024 BRICS chairmanship:
'We will contribute to the practical implementation of the Strategy for BRICS Economic Partnership 2025 and the Action Plan for BRICS Innovation Cooperation 2021-2024 for ensuring energy and food security, enhancing the role of BRICS in the international monetary system, expanding interbank cooperation and expanding the use of national currencies in mutual trade.'

Tesla BioHealing Beds

All living organisms have molecular cells have their own power plants that produce energy throughout its life called a nucleus. Every cell in every living organism holds the energy that it produces. As our bodies age these cells begin to lose their abilities to produce the same amount of power and many will begin to die. But what if you could recharge the power plants of your cells and give them new life to continue powering and repairing your body?
Sources:www.youtube.com, www.teslabiohealing.com

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