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Experimental Tesla Tower in Texas confirmed

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News Date: December 6, 2021

Viziv Technologies has really built an experimental Tesla Tower in Texas to distribute wireless energy long distances, one hundred years after Nikola Tesla's Wardenclyffe Tower has abandoned.
Also, Elon Musk Moved to Texas: Tesla CEO is a Texan Now.
He has confirmed his residential move to Texas as of December 8th.
The exact region of Texas has not been identified.
Source: youtube.com

Israel signs security memorandum with Bahrain

Israel and Bahrain signed a historic memorandum on security cooperation.
Abraham Accords still paying dividends More countries should join!
This is Israel's second memorandum with an Arab nation.
Thanks to President Donald Trump for this initiative.
Source: timesofisrael.com

Ripple partner Nium takes on SWIFT

The new solution, which leverages Ripple's blockchain network Ripplenet, claims to lower settlement costs for Financial Institutions by up to 90% for international brokerage account transactions when compared to transactions settled via the SWIFT International Payments Network.
XRP powers NIUM's alternative to swift.
Nium has pointed to three major benefits of its global payments network and new brokerage solution: cost savings of up to 90%, improved customer satisfaction, and increased demand for new partnerships.
Source: financefeeds.com

Russia Proposes SWIFT-like System for BRICS

Russia is advocating for BRICS countries to develop their own financial messaging system, similar to SWIFT, to reduce reliance on Western institutions and boost financial autonomy.
Deputy Chairman Alexander Babakov stated this system would allow secure, independent transactions via state-owned banks, support African development, and reduce neocolonial influences.
Integrating with national infrastructures and using advanced cybersecurity, the system would lower transaction costs, speed up capital turnover, and improve liquidity, benefiting international trade.
"The creation of a financial messaging system similar to SWIFT will help create a new economic reality for the BRICS countries," Babakov said.
Source: TASS.

National coin shortage

US is experiencing a national coin shortage in several states as an excuse to COVID-19 pandemic.
Also, The Federal Reserve ordered 34 major US banks to suspend share buybacks in the third quarter and limit dividend payments to shareholders.
Source:twitter.com

Gold Is the Most Stable Currency

If gold didn't retain its purchasing power, why would long-term investors and central banks store it in their vaults for decades? Hardly is gold used for industrial applications, so, again, why hold large stocks of gold if it would lose its value over time? The truth is that gold retains its value, and the stability of gold's purchasing power in the long-term is the main reason to own it.
Sources:finance.yahoo.com

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