Zimbabwe will introduce gold coins
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News Date: June 27, 2022
The Monetary Policy Committee resolved to introduce gold coins into the market as an instrument that will enable investors to store value.
The gold coins will be minted by Fidelity Gold Refineries (Private) Limited and will be sold to the public through normal banking channels.
Also, the Reserve Bank of Zimbabwe (RBZ), announced the review of interest rates and statutory reserves.
The measures come to combat the depreciation of the local currency, soaring inflation, and the threat of economic recession.
Sources: www.rbz.co.zw
Crop circles are models for generating free energy
One Italian inventor, Umberto Baudo, believes crop circles may be meant to impart secrets of new technology and free energy to humanity.Source:ancient-code.com
Satellite Communications transferred to Space Force
Space Force Takes Over All Military Satellite Communications.The Army transferred some of its satellite operations to the Space Force on Monday, marking the latest move to reorganize and grow the youngest military branch.
This historic transfer from the Army to the Space Force will mark the first time all Department of Defense military satellite communication functions have been consolidated under single military service.
Sources: military.com
The World toward a multi-currency system
Nations like Russia and China are now leading the charge from a one-currency world to a multi-currency world of import payments.Russia, for example, can take its energy profits and Rubles to purchase the currencies of friendly countries like China, India, and Turkey to rebuild its reserves outside of the USD.
The old world is slowly but surely turning irreversibly away from a USD-dominated currency system toward a multi-currency and multi-FX pricing model.
Source: goldswitzerland.com
PayPal, Venmo to Roll Out Crypto Buying and Selling
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto.
Source:coindesk.com
The longest partial lunar eclipse of the century next week
The partial lunar eclipse will last three hours 28 minutes and 23 seconds. It is also the longest partial lunar eclipse for 580 years.Everything you need to know about the longest partial lunar eclipse in 580 years:
The event will begin on November 19 at approximately 2.19 a.m. EST.
a) Everyone in North America will see it;
b) Don't miss the 'max red' moment;
c) Get up earlier to see 'Half Blood Moon';
d) It is the longest partial lunar eclipse this century;
e) The southern limb of the Moon won't turn red.
Sources: insiderpaper.com