United States and China are seeking debt relief measures
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News Date: February 23, 2024
The United States and China are in frequent discussions to prevent emerging market sovereign defaults.
Talks include preemptive measures such as extending loan periods to ease the annual debt service burden of over US$400 billion for poor countries.
Ideas also involve increased financing from the World Bank and others to address high borrowing rates.
The aim is to implement these measures before countries default and enter formal restructuring talks with creditors.
The Treasury Department: "we talk frequently with China about sovereign debt concerns.
And we talk to many countries about how to make sure the international financial architecture is meeting low-income country financing needs".
NESARA items in Trump statements, emails
Statement from the President issued on: December 27, 2020:As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child.
The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud. Big Tech must not get protections of Section 230!
Much more money is coming. I will never give up my fight for the American people!<-
White house sent Christmas emails to American people. There is the Golden map of America!
Sources: twitter.com, www.whitehouse.gov
Russia-Turkey Switching to National Currencies statement
In Sochi, Erdogan met Putin to discuss the gas hub and grain deal.Turkish President Recep Tayyip Erdogan's emphasis on switching to national currencies in bilateral trade during his discussions with Russian President Vladimir Putin signifies a notable shift in Turkey's economic and geopolitical strategy.
Erdogan: Switching to national currencies in bilateral trade is important.
The development of a natural gas hub within Turkey dovetails with this shift in economic strategy.
Putin also stated that Russia will soon deliver free grain to Africa.
The silence of the Stock Market Crash
The stock market rally has its days counted and the substantial drops seen over the past few weeks suggest that the catalyst for an epic crash is rising inflation.The tech sector has already witnessed some sharp losses, but right before the market closed on Friday, the meltdown was becoming more widespread.
For a long time now, analysts, experts, economists, and investors have been sounding the alarm about an explosive and sudden stock market crash that would wipe out billions in earnings overnight.
And even though the collapse of the bubble has already started, we're still hearing silence.
Source: youtube.com
Patent WO2020060606 cryptocurrency system using body activity data
Microsoft Patents New Cryptocurrency System Using Body Activity Data.Patent number: WO2020060606
Microsoft is recently issued a patent for a device that is implanted under your skin that tracks your movements, allows for cashless payments, and even allows for medical tracking
Source:patentscope.wipo.int
Taiwan's Currency Backed by Gold Reserves: Central Bank
A central bank official announced on Friday that Taiwan holds around 422 tonnes of gold in reserve, managed by the Central Bank of the Republic of China (Taiwan) to support the national currency.Of this, 410 tonnes are dedicated to backing the issuance of New Taiwan dollars, while a smaller portion is used every four years to mint commemorative coins for the inauguration of the president and vice president.
As of the first quarter of 2024, Taiwan ranks 12th globally in gold reserves.
Despite a significant increase in gold's value since its purchase in the 1970s, the central bank is not buying or selling its reserves.
Taiwan's unrealized gain from these reserves is nearly NT$900 billion due to gold's appreciation.