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Vatican-Backed Report Urges Global Debt Relief

Gesara.news ยป News ยป Vatican-Backed Report Urges Global Debt Relief

News Date: June 20, 2025

๐Ÿ™๐Ÿ› A new Vatican-backed report, authored by a commission of leading global economists and experts, calls for urgent global debt relief to address the escalating crises of development and climate change. The Jubilee Report highlights that 54 developing countries now spend over 10% of their tax revenues just on interest payments, diverting critical resources away from health, education, and climate resilience. The report urges systemic reforms, including fairer debt restructuring and a reimagining of global finance to serve people and the planet, not just profits.
This initiative builds on the vision of Pope Francis, who declared 2025 a Jubilee Year focused on debt forgiveness and justice. Now, this mission is being carried forward by the new Pope, Leo XIV, who emphasized at his inauguration the urgent need to overcome economic systems that exploit the Earth and marginalize the poor. Under his leadership, the Vatican continues to champion debt relief as both a moral imperative and a practical step toward global equity and sustainability

BRICS Prepares for Global Currency Reset

Russian IMF representative, Alexey Mozhin, in an interview with RIA Novosti published on Friday, suggests BRICS nations should prepare for a potential collapse of the dollar and international monetary system by offering an alternative currency.
Mozhin's remarks highlight the increasing recognition of the flaws in the current financial system and the potential role of BRICS in providing an alternative solution.
"Such a proposal is being discussed. In the event of the collapse of the dollar and the international monetary system, it will be necessary to turn the said BRICS accounting unit into a real currency, backed by exchange goods,", he stated.

Zimbabwe introduces a new gold-backed digital currency

Zimbabwe has unveiled a groundbreaking digital currency called 'Zimbabwe Gold' (ZiG), backed by gold in milligrams.
This move is part of the country's de-dollarization strategy and efforts to combat inflation.
The Reserve Bank of Zimbabwe (RBZ) is offering ZiG for both individuals and corporations, providing a stable and versatile means of transacting.
By linking the digital currency to gold, Zimbabwe aims to restore confidence in its monetary system and attract investment, potentially setting an example for other nations facing similar economic challenges.
ZiG represents a significant step towards financial stability and innovation in Zimbabwe.

Surrender deal reached? No more false flags

Why the September 18th rally, planned for months, did not turn into a false flag event against Patriots?
In war, SURRENDER means: to give (oneself) up into the power of another especially as a prisoner; to capitulate.
Capitulate means: to stop fighting an enemy or opponent; to admit that an enemy or opponent has won; to surrender.
See: DOD LAW OF WAR MANUAL:
Chapter XII - Non-Hostile Relations Between Belligerents
Section 12.8 CAPITULATIONS - Negotiated Instruments of Surrender
Sources: t.me/WATN17, gesara.live

FED will adopt ISO 20022 message format

Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service and invites public comment on proposal to expedite adoption.
The Federal Reserve Board on Monday announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.
The change will allow for enhanced efficiency of both domestic and cross-border payments, and a richer set of payment data that may help banks and other entities comply with sanctions and anti-money laundering requirements.
Sources: www.federalreserve.gov

The July 4th full buck moon and penumbral eclipse

Independence Day 2020 will end with a full moon and lunar eclipse.
The Full Moon of July traditionally is known as the Full Buck Moon because it coincides with the time of year when male white-tailed deer are in full-on antler growth.
Everything to know about the July 4th buck moon and penumbral eclipse.
Source:lehighvalleylive.com

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