Yuan and ruble to replace dollar in Pakistan
Gesara.news » News » Yuan and ruble to replace dollar in Pakistan
News Date: September 29, 2022
Pakistan, among other nations, is brushing off the US dollar due to sanctions by making way for the Chinese yuan and Russian ruble.
The President of the Trade House of Pakistan Association Zahid Ali Khan said on Tuesday: replacing the US dollar with Russian rubles and Chinese yuan is a potential plan Pakistan is considering.
Sources: almayadeen
No gold fringe on US flags, a State of Peace
President Trump with Polish President Duda speech June 24... no gold fringe on US flags, vs other speeches in the White House Rose Garden by himself.What's the difference?
End Martial Rule, Declare a State of Peace.
The United States was a FOREIGN OWNED CORPORATION (United States Government-052714196 Dunn and Bradsheet Number) which is evidence by examine the DeJure Civil Flag Of Peace.
A Gold Fringe on Flag is a signal.
Sources:youtube.com, change.org
Five countries officially joined BRICS
Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have officially joined the BRICS bloc after being invited last year, according to South Africa's Foreign Minister Naledi Pandor."With respect to the BRICS confirmations, five out of the six have confirmed. That is Saudi Arabia, UAE, Ethiopia, Iran and Egypt," Pandor stated on Wednesday.
South Africa revealed in July 2023 that 22 countries have formally requested to join the BRICS group, with an additional equal number expressing informal interest. This surge underscores the global recognition of BRICS as a pivotal alliance representing major emerging economies.
China Paves the Way for Debt Relief
China's central bank is pushing for fair burden-sharing among creditors in debt restructurings for emerging market countries, indicating a proactive stance on global debt issues.China's recent move to write off undisclosed amounts of Zimbabwe's interest-free loans aligns with its commitment to assist African nations burdened by external debt.
Since 2000, China has made debt relief a norm, providing crucial support to sub-Saharan African countries without imposing strict conditions.
This approach could influence other lenders and boost investor confidence, ultimately attracting further financial support for debtor nations.
Read also: World Bank President:China needs to participate in debt relief
Gold and Rubles Exchanged in Digital Form
Digital Gold Traded for Digital Rubles by Russia's Rosbank.Rosbank has brokered Russia's first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.
Source: bitcoin.com
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