UN Urges Debt Relief for Developing Nations

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News Date: February 25, 2025

The United Nations Development Programme (UNDP) warns that the debt crisis in developing nations has reached unprecedented levels, with debt servicing consuming an increasing share of national revenues at the expense of development.
A new policy brief, released ahead of the G20 finance ministers meeting in Cape Town, highlights that 56 developing countries now spend over 10% of their revenue on interest payments, with 17 exceeding 20%, heightening default risks.
Total external public debt for the 31 poorest nations at risk of debt distress is estimated at $205 billion, while global debt servicing reached a record $1.4 trillion in 2023.
UNDP urges immediate reforms, including a more effective debt restructuring framework, systemic relief initiatives, and reduced borrowing costs to prevent a lost decade of development.
The upcoming Financing for Development conference in June will be a key platform for addressing these urgent issues.

Iran and Egypt signed a memorandum to join SCO

The Shanghai Cooperation Organization (SCO) is an intergovernmental organization founded in Shanghai on 15 June 2001.
After 21 years, the organization has become not only a strong pillar of global peace and development but also a major force for international equity and justice.
The SCO currently comprises eight Member States (China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan and Uzbekistan), four Observer States interested in acceding to full membership (Afghanistan, Belarus, Iran, and Mongolia) and six 'Dialogue Partners' (Azerbaijan, Armenia, Cambodia, Nepal, Sri Lanka and Turkiye).
Egypt and the Shanghai Cooperation Organization (SCO) on Wednesday signed a memorandum of understanding on Egypt's accession to the organization as a dialogue partner ahead of the summit of heads of state and government of the organization's member states scheduled to be held in Samarkand, Uzbekistan, on 16 September.
Also, Iran has signed a Memorandum of Obligations to become a permanent member of the SCO, the Iranian foreign minister said.
Sources: dailynewsegypt , azertag

Transition to Greatness on RV. Great American Comeback!

Remember what RV stands for? RV = ReValuation(Global Currency Reset) or Recreational Vehicle.
Is this a pure coincidence?
Again? Everybody loves RVs suddenly.
In Vice President Mike Pence's visit to Winnebago Industries in Forest City on Tuesday afternoon, he wasn't shy about calling the RV manufacturer a crucial part of the "Great American Comeback".
Sources:twitter.com/Mike_Pence, albertleatribune.com

Tesla BioHealing Beds

All living organisms have molecular cells have their own power plants that produce energy throughout its life called a nucleus. Every cell in every living organism holds the energy that it produces. As our bodies age these cells begin to lose their abilities to produce the same amount of power and many will begin to die. But what if you could recharge the power plants of your cells and give them new life to continue powering and repairing your body?
Sources:www.youtube.com, www.teslabiohealing.com

Ripple and SWIFT on one platform

IBIS announced that its customers will be able to connect to Ripple and SWIFT in their pockets, on one platform. In that sense, IBIS stated that its customers will have unlimited banking possibilities. SWIFFRoute customers will be able to process payments through RippleNet and an out of the box banking integration.
Source:www.crypto-news-flash.com

FED Audit. HR24 - Federal Reserve Transparency Act

U.S. Representative Thomas Massie vows to reintroduce HR24 to audit the FED along with 40 original cosponsors, as soon as he is sworn in.
The FEDs have never ever been audited. Now that the Feds are under the control of the Treasury, this could easily happen!
If this audit does happen this will be such a huge step leading to the GCR/ Gold Standard!
Sources: www.congress.gov, twitter.com