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.
Digital ruble in cooperation with the UAE
The Bank of Russia, led by First Deputy Governor Olga Skorobogatova, is collaborating with the UAE regulator to establish a cutting-edge system for fast payments and settlements.This initiative, announced at the Finopolis forum, aims to utilize the digital ruble to streamline financial transactions for both individuals and businesses.
The partnership signifies a commitment to financial innovation and positions these institutions at the forefront of the evolving digital landscape.
The digital ruble is expected to enhance transaction efficiency, fostering financial inclusivity and exemplifying a proactive approach to the future of finance.
"We will work out the fast payment system because the colleagues are ready with the digital ruble and we are ready.
If we solve the issue of client identification, then I think we will be able to build up a normal system of payments for citizens and the business between the two our countries in a year at the least," she stated.
Joint Declaration of Support for Democratic Change in Venezuela
A swift and peaceful transition to democracy is the most effective and sustainable route to stability, recovery and prosperity in Venezuela. We remain committed to helping the Venezuelan people achieve a peaceful, prosperous and democratic future.Source:www.state.gov
Currency Revaluation RV
A revaluation is a calculated upward adjustment to a country's official exchange rate relative to a chosen baseline.The baseline can include wage rates, the price of gold, or a foreign currency.
Currency revaluation can be triggered by changes in the interest rates between various countries and large-scale events that affect the overall profitability, or competitiveness, of an economy.
Sources:www.investopedia.com/
Global currency debasement
Economy hits debt saturation point. Global economy has no capacity to carry any more debt - Max Keiser.The new higher levels of debt that many countries are now moving towards are going to be sustainable without imposing significant costs on growth as well as equity within their societies.
Every dollar that these central banks print will go directly into consumer price index inflation - and you will see it at the cash register immediately, and that is going to incredible social unrest.
Global debt to GDP is now at all-time high in Q1. Overall debt for the non financial-sector now worth 252% of global GDP.
Get ready for extreme global currency debasement.
Sources:twitter.com/GoldTelegraph, cointelegraph.com
Zimbabwe ready to dump US dollar
Zimbabwe Must Revert to Using Own Currency, Ruling Party Says.ZANU PF National spokesperson Christopher Mutsvangwa says the country will soon dump the American dollar in favor of the local currency, Zimdollar.
He said abolishing the multi-currency would help Zimbabweans get value for their money.
Sources: zwnews.com