Trump Tower famous escalator Currency Exchange
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News Date: June 18, 2020
5 years ago, on June 16th, 2015, Donald Trump announced his candidacy for President of the United States Of America.
He came down the famous escalator along with Melania at Trump Tower!
This is a day to remember!
Look behind!!!
Is this just a coincidence?
Currency Exchange?
Gold walls?
Source:youtube.com
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.
China trials cross-border settlement involving CBDC
China trials cross-border settlement involving cenbank digital currencies.The bridge test was developed by the Bank for International Settlements.
A central bank digital currency trial focused on cross-border transactions has been completed, BIS said, with Chinese state-owned banks participating as Beijing tries to internationalize its digital yuan.
Sources: reuters
FedNow alongside private sector Service
Fed announces details of the FedNow interbank service.The FedNow Service will be available to banks in the United States and will enable individuals and businesses to send instant payments any time of day, any day of the year through their bank accounts.
The target launch date for the service remains 2023 or 2024, with a more specific time frame to be announced after additional work is completed.
The FedNow Service, alongside similar services provided by the private sector, will modernize the U.S. payment system and bring the benefits of instant payments broadly to communities across the country.
Sources:www.federalreserve.gov
H.R.5404, a bill to define the dollar as a fixed weight of gold
H.R. 5404 is a bill introduced by Rep. Alex Mooney (R-WV2) that would bring the U.S. back to the gold standard once and for all. It would take effect exactly 30 months after the bill was passed, to allow an adjustment period in the American economy. Interestingly for a Republican-introduced bill, if the bill was enacted any time after July 2018, that 30-month window would come under the administration of the 2020 election.Source:congress.gov
Zimbabwe to join BRICS
Zimbabwe set to apply to join BRICS.Zimbabwe has made overtures to join emerging economies that make up the BRICS bloc as part of its engagement and re-engagement thrust, which is particularly designed to increase the countries' clout globally, President Mnangagwa has said.
Sources: thezimbabwemail