State of the Union speech delayed to March

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News Date: January 10, 2022

On the 20th January, Biden was scheduled to make his first State of the Union speech.
The speech has been delayed due to the current explosion of infections in the US, causing a breakdown in basic functions and services.
So, Joe Biden will give his first State of the Union address to Congress on March 1, the White House said.
Source: www.cnbc.com

Five countries officially joined BRICS

Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have officially joined the BRICS bloc after being invited last year, according to South Africa's Foreign Minister Naledi Pandor.
"With respect to the BRICS confirmations, five out of the six have confirmed. That is Saudi Arabia, UAE, Ethiopia, Iran and Egypt," Pandor stated on Wednesday.
South Africa revealed in July 2023 that 22 countries have formally requested to join the BRICS group, with an additional equal number expressing informal interest. This surge underscores the global recognition of BRICS as a pivotal alliance representing major emerging economies.

The End of the Dollar Empire

Gazprom says it has signed a deal for China to pay for Russian gas in national currencies.
Russia's Gazprom said on Tuesday it had signed an agreement to start switching payments for Russia's gas supplies to China to yuan and roubles instead of dollars.
Sources: reuters.com

Ripple XRP - Gold standard

Three reasons why Ripple XRP can be the gold standard soon:
1.President Trump's nominee for the Federal Reserve board of governors, Judy Shelton, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way". She Faces Senate Committee Vote This Week;
Source:gesara.news
2.There are close connections or relations between Donald Trump and Ripple board;
Source:www.youtube.com
3.Ripple XRP already has Support in the US Federal Register New Rule.
Source:gesara.news

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

Zimbabwe introduces new digital currency backed by gold

Zimbabwe to create new digital currency backed by gold.
As part of efforts to stabilize the local currency, the Reserve Bank of Zimbabwe (RBZ) is preparing to launch a digital currency backed by gold that will be accepted as legal tender for transactions in the nation.
The RBZ will take the first steps toward using the nation's gold reserves to anchor the Zimbabwe dollar with the introduction of the digital gold tokens, a kind of electronic money backed by gold stored at the RBZ.