Trump says China, Russia and North Korea will not be enemies
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News Date: June 29, 2024
Donald Trump stated that Russia, China, and North Korea would not be considered enemies of the United States if it had a smart president.
He claimed that these countries were not adversaries during his presidency because he knew how to manage relationships with them.
Trump also argued that America's internal issues are more severe than external threats like Russia, China, and North Korea.
The Kraken is a Cray XT5 supercomputer to Break Petascale
The University of Tennessee supercomputer, Kraken, has broken a major barrier to become the worlds first academic supercomputer to enter the petascale, performing more than 1 thousand trillion operations per second, a landmark achievement.The Kraken Cray XT5 supercomputer at the National Institute for Computational Sciences (NICS) has been upgraded to become the first academic computer in the world to exceed one petaflop of calculation power.
Sources: news.utk.edu, news.softpedia.com
The Bank of England closed, fire in WTC Brussels
Weird recent events:World Trade Center in Brussels was on fire (Aug 6) and the Bank of England seems to be closed for several days.
The Bank of England is the central bank of the United Kingdom a huge international Rothschild bank.
Sources:www.youtube.com, www.google.com
Developing the BRICS currency
BRICS Group Works On A New Form Of Currency, looking At Basing Financial Reserves On A Basket Of Their Own Currencies.State Duma Deputy Chairman Alexander Babakov said Thursday the BRICS alliance is actively engaged in developing its own currency and is set to present its proposals at the upcoming summit in August.
Putin suggested a new global reserve currency backed by hard assets and BRICS countries accumulated a great amount of gold.
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
Central banks chiefs out
With Angela Merkel on her way out as Chancellor, her former chief economic advisor, Jens Weidmann, announced plans to step down at the end of the year as head of Germany's Bundesbank after a decade at the helm of the national central bank.Dallas Fed President Kaplan and Boston Fed President Eric Rosengren To Retire After Ethics Issue.
Former Iranian Central Bank Chief Handed 10-Year Prison Sentence.
Slovakia's central bank chief and European Central Bank governing council member Peter Kazimir has been charged with corruption.
Philippine central bank Governor Benjamin Diokno said he is with "team transitory" and that it is more prudent for the country to delay monetary tightening.
The Turkish lira hit a record low overnight after President Recep Tayyip Erdogan ordered a new round of dismissals at the country's central bank.
So, central bank are starting to worry. They were wrong about inflation because they were wrong about supply chains, and they were perhaps wrong about labor markets, which they had just taken years to learn had no serious bargaining power.
To be continued... Stay Tuned!.
Sources: www.cnbc.com ,gesara.news


