Zimbabwe interested in SWIFT alternatives
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Date: March 16, 2023
The Zimbabwean government would like to become a member of the BRICS economic bloc, the speaker of the ruling party ZANU-PF said on Wednesday.
"We made it clear that we would like to become a member of the BRICS," Christopher Mutsvangwa told Russia's RIA Novosti news agency.
The official added that his country is interested in developing alternatives to the Western-dominated SWIFT payment network.
In his view, BRICS could contribute to that.
FED explores XRP For Instant Settlements
The US Federal Reserve is carefully examining XRP's feasibility and possible role in facilitating quick settlements within the financial environment after receiving many recommendations supporting XRP for instant settlements.Concurrently, there are debates and investigations into the viability of pegging XRP to gold, which might open up new avenues for stability and value for the cryptocurrency.
This is an interesting possibility since it means that XRP might become physically connected to gold, which would have a big influence on its value and reputation in the QFS.
Mississippi to Phase Out Income Tax Under New Law
Mississippi Governor Tate Reeves has officially signed a bill into law that sets the state on a path to phase out its income tax. The legislation, a major victory for conservative economic policy, aims to gradually reduce and eventually eliminate personal income tax in the state, making Mississippi one of the few states without such a levy.Supporters argue that the move will attract businesses, boost economic growth, and put more money into the hands of residents. Opponents, however, warn that eliminating the tax could strain state revenues, potentially affecting funding for education, infrastructure, and public services.
Gov. Reeves hailed the decision as a step toward greater financial freedom, emphasizing Mississippi's commitment to lower taxes and a pro-business environment. The phase-out plan will occur over several years, with incremental reductions to ensure a smooth transition.
Mississippi now joins a growing number of states pursuing aggressive tax-cutting measures, reflecting a broader national debate over taxation and economic policy.
Donald Trump hints the gold standard again
Donald Trump is trying to tell us something about the return to the gold standard, citing an interesting section from the Constitution.He posted on his network an article of the Constitution that specifically talks about Gold & Silver Coin as legal tender.
Article I, Section 10, Clause 1:
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit;
make any Thing but gold and silver Coin a Tender in Payment of Debts;
pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
Posted on T.S., February 26.
Time for martial law?
Lin Wood And Sidney Powell Urges Trump to Declare Martial Law and Hold New Elections;Michael Flynn, Newly Pardoned, Calls for Trump to Temporarily Suspend the Constitution and Impose Martial Law;
WTPC Calls for Trump to Declare Limited Martial Law;
General McInerney talks Insurrection Act.
The Insurrection Act of 1807 allows the president to deploy U.S. troops domestically in extremely rare cases.
Sources: www.lacortenews.com, www.mediaite.com, www.youtube.com
White House was lit gold
On September 1, the White House was lit gold in honor of Childhood Cancer Awareness Month.Over the last half century, substantial progress has been made in the diagnosis and treatment of several types of childhood cancer. The goal is to end childhood cancer and continuing to improve the care that all of these children receive.
Sources:twitter.com/WhiteHouse