Zimbabwe interested in SWIFT alternatives
Gesara.news » » Zimbabwe interested in SWIFT alternatives
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.
Gold Is Going To Be The New Global Currency
America not only has record debts but the Fed keeps creating dollars as the tsunami of money cheapens the worlds leading currency.A man who is connected in China at the highest levels said gold is going to be the new global currency.
Central banks bought 90 tonnes this spring and data player Palantir Technologies bought $50 million in gold bars in August.
US taxpayers and investors require their attractive insurance policy against rampant government spending and currency depreciation.
Gold is such an asset since it has no counterparty risk. It will become more valuable as more money is issued to finance government spending.
Sources: financebrokerage.com, kingworldnews.com
Ron Paul: Auditing The Fed Would Lead To Ending The Fed
After Elon Musk endorsed Ron Paul leading an investigation into the Federal Reserve, Paul stated on X that 'Auditing the Fed would lead to ending the Fed.' He emphasized that increased transparency would reveal systemic issues, sparking calls for reform or dissolution. Comparing the Fed to USAID, Paul suggested both agencies lack transparency and accountability. Musk's support may amplify public interest in financial reform and decentralization.In 2009, Ron Paul published End the Fed, a book that critiques the Federal Reserve and its control over the U.S. monetary system. Drawing from his experience as a congressman and advocate for free-market economics, Paul argues that the Fed's lack of transparency and manipulation of interest rates contribute to economic instability, inflation, and financial crises. The book calls for a return to sound money principles and highlights the dangers of central banking. End the Fed became a rallying point for those who support monetary reform and greater financial accountability.
Iran Joins Russia in BRICS Currency Initiative
Iran is collaborating with Russia in BRICS initiatives, including developing a single currency for the bloc, according to Iranian Ambassador to Russia Kazem Jalali.He highlighted Iran's active role as a new BRICS member at the Russia-Islamic World: KazanForum.
"The creation of a new single currency within the framework of the association is what Russia and Iran are working on," the diplomat stated.
Saudi Arabia joins SCO
Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow.Saudi Arabia's cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns.
(Reuters)
Trump vows 'transition to greatness' in meeting with GOP lawmakers
"We're going into transition," Trump said at the beginning of the meeting. "I call it transition to greatness. It's going to be a transition to greatness, because we're going to do something very fast and we're going to have a phenomenal year next year."Source:youtube.com