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News Date: May 13, 2020

Once Anti-Bitcoin, JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini.
Source:cointelegraph.com

Iran is interested in a unified currency with BRICS

Iran's Deputy Foreign Minister, Mahdi Safari, expressed interest on January 3 in creating a unified currency with BRICS nations, aiming to establish Tehran as a key banking center for the group.
Safari also praised the New Development Bank, established by BRICS in 2014, for its role in supporting joint projects and international cooperation among member states.
"We are interested in creating a unified currency in the BRICS group, and this could be very effective.
By using national currencies, the process of eliminating the use of the dollar in commercial exchanges begins, and we are interested in continuing this process," Safari stated in an interview with Sputnik.

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.

Australian PM plans tax cuts

Prime Minister Anthony Albanese has announced plans to introduce legislation next week, promising tax cuts for every Australian taxpayer.
He emphasizes the urgency of passing the legislation promptly to facilitate a smooth transition for both employers and the tax office.
"This is legislation which will give every taxpayer a tax cut and it should receive the support of every parliamentarian," he told ABC's Insiders on Sunday.

Governments resign worldwide. Fall of Empire

Amid OBAMAGATE is unleashed, governments worldwide are stepping down as their politics wobbles.
Angela Merkel stepped down and a messy race to succeed the chancellor after the upcoming election this September.
Dutch government resigns over child benefits scandal.
Estonia prime minister Juri Ratas resigns, Kaja Kallas asked to form the government.
Italy government in crisis as Renzi ministers resign.
Kuwait cabinet members resign amid a dispute with Parliament.
Updates soon. Stay Tuned.
Details: www.politico.com

Payroll tax holiday

President Donald Trump's first executive order today provides a payroll tax holiday to Americans earning less than $100,000 per year.
The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.
Source:https://twitter.com