More News, Rumors and Opinions Wednesday Night 6-1-2022

Wolverine Wednesday PM Update

Hi guys 

 Nothing has happened yet which I’m disappointed as everyone else. I was told that they have had a bump on the road with cabal activity which had caused the delay.

The UST will send a message when it will be release.

 This is stressful to everyone especially for intel providers like Holly and myself that don’t get enough sleep as we are constantly on the phone .

 Let’s pray that this gets done as I’m so tired of this roller coaster ride as I want to get off it.

KTFA:

Samson:  Lavrov: Russia And China Will Increase Trading In Yuan And Ruble

1st June, 2022

Russian Foreign Minister Sergei Lavrov announced that Russia and China intend to significantly increase the use of the yuan and the ruble in the accounts between the two countries

“At a time when the United States and the European Union have turned their currencies into an instrument of blackmail, we intend to develop an independent financial infrastructure, and significantly increase the use of the ruble and yuan in accounts between our countries,” Lavrov said during the seventh international conference: “Russia and China: Cooperation in the New Era

Several Chinese companies bought Russian coal for the yuan in March

Russian oil exporters also offered Chinese buyers the option of paying supplies in yuan

Beijing has long sought to increase the use of the yuan in global trade, and sanctions against Russia are helping it do so  LINK

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Samson:  The United States Fears The Consequences Of Confiscating Russian Assets

1st June, 2022

A media report indicated that the US authorities feared the confiscation of the frozen Russian assets of the Central Bank.

According to the report published by the New York Times, the United States fears this process, which may lead to undermining its position as a reliable investment partner in the eyes of other countries.

The report added that discussions about withdrawing the assets of the Russian Central Bank "met resistance in the United States" due to the legal and reputational implications the country could face in such a scenario. "Senior officials in the Joe Biden administration have warned that withdrawing these funds may be illegal and prevent other countries from relying more on the United States as a country to make investments," the report stated.

According to the newspaper, unlike many European countries that openly advocate the use of frozen Russian assets to provide financial assistance to Ukraine, the United States is "more cautious" in this regard. The newspaper added that US officials tend to believe that the confiscation of Russian assets may encourage central banks in other countries to redirect their dollar assets to other currencies.

In a recent speech, US Treasury Secretary Janet Yellen said she did not know if the frozen assets of the Russian Central Bank could be redirected to help Ukraine. The US authorities have repeatedly confirmed that they have not yet taken a decision on this issue.

Western countries imposed new sanctions on Moscow after the start of a special operation by the Russian army to disarm Ukraine. Therefore, Russian reserves are frozen at about $300 billion in a number of countries, and as part of the sanctions policy, decisions are also taken to freeze the assets and real estate of Russian businessmen.

Earlier, Ukrainian Foreign Minister Dmitry Kuleba had asked the G7 countries to pass laws allowing them to confiscate Russian assets and transfer them to Kyiv.  LINK

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Courtesy of Dinar Guru

Walkingstick  [via Frank26]  Meetings that occurred on this past Wednesday and Thursday...there was talk about the new small category notes...the showing of it.  They were talking about the denominations.  So far we've always thought that there was going to be 7 new denominations...we only know of 6 denominations of the new small category notes.  IMO there was no need to elaborate on the new small category notes at this meeting...they already had agreements on the new small category notes...

TNT:

Candykisses:  The damage to the public treasury as a result of corruption has reached 4 trillion dinars

The damage to the public treasury as a result of corruption has reached 4 trillion dinars 

Today, Wednesday, the Federal Integrity Commission revealed the amount of damage to the public treasury, which amounts to approximately 4 trillion dinars, as a result of the corruption of the currency sale window. A statement by the authority, received by the National News Center, stated that “there is clear corruption in the currency sale window, which resulted in damage to the public treasury amounting to (3,919,218,099,521) dinars,” noting that “the loss of files in the Adhamiya tax department revealed that damage to the treasury.“

The report stated that “the private banks were the beneficiary of the transfers in the currency sale window, as the majority of the documents submitted by those banks were forged.” He pointed out that “the Director-General of the General Tax Authority has approved referring the issue of reluctant private banks and taxpayers to the Integrity Commission; To achieve damage of nearly (4) trillion dinars in the treasury as a result of the loss of files in the Adhamiya Tax Department.”

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JPM CEO Jamie Dimon WARNS: "An Economic Hurricane Is Coming." Very Important Updates.

Greg Mannarino:  June 1, 2022

https://www.youtube.com/watch?v=FFeM6NoJxcw