Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

Iraq Confirms Interest in Joining BRICS: Wants Trade in IQD and Russian Ruble : Awake-In-3D

Iraq Confirms Interest in Joining BRICS: Wants Trade in IQD and Russian Ruble

On February 4, 2024

By Awake-In-3D

In RV/GCR

In a significant diplomatic gesture, Iraq has officially expressed its eagerness to become a part of the BRICS consortium, marking a pivotal moment in its foreign policy and economic strategy.

Prime Minister Mohammed Shia Al-Sudani, during last October’s engagement with the Iraqi diaspora in Russia, voiced the nation’s readiness to join the influential group, contingent upon an invitation from its founding members.

Iraq Confirms Interest in Joining BRICS: Wants Trade in IQD and Russian Ruble

On February 4, 2024

By Awake-In-3D

In RV/GCR

In a significant diplomatic gesture, Iraq has officially expressed its eagerness to become a part of the BRICS consortium, marking a pivotal moment in its foreign policy and economic strategy.

Prime Minister Mohammed Shia Al-Sudani, during last October’s engagement with the Iraqi diaspora in Russia, voiced the nation’s readiness to join the influential group, contingent upon an invitation from its founding members.

A Strategic Discussion Amidst Economic Reforms

The revelation came amidst Al-Sudani’s discussions on various economic reforms and bilateral relations during his meeting with Russian President Vladimir Putin.

A notable point of discussion was the potential use of the Iraqi dinar and the Russian ruble in bilateral trade, hinting at Iraq’s intent to diversify its economic partnerships and reduce dependency on traditional trade currencies.

Emphasis on Economic and Administrative Reforms

Al-Sudani underscored the Iraqi government’s commitment to significant economic and administrative reforms aimed at enhancing the living standards of its citizens.

The move towards joining BRICS is seen as part of a broader strategy to integrate Iraq more fully into the global economy through diversified alliances and economic partnerships.

Deepening Iraqi-Russian Relations

The discussions also touched on geopolitical issues, with Al-Sudani commending Russia’s stance on the Palestinian conflict and emphasizing the humanitarian concerns at its core.

Moreover, the Iraqi Prime Minister disclosed plans to establish an Iraqi cultural center in Moscow, symbolizing a deepening of the historical ties between Iraq and Russia.

BRICS: A Gateway to Emerging Economies

Joining BRICS, a coalition of Brazil, Russia, India, China, and South Africa, represents a strategic move for Iraq to align itself with some of the world’s fastest-growing economies.

This association could provide Iraq with a platform to boost its economic profile, attract investments, and play a more influential role in global economic discussions.

Discover More:

The Rising Energy, Gold and Trade Power of the BRICS Alliance

Iraq’s expression of interest in joining BRICS underscores its ambition to pursue a multi-faceted foreign policy and economic strategy.

By strengthening ties with Russia and signaling openness to join economic groups like BRICS, Iraq aims to position itself as a key player in regional and global economic landscapes, fostering growth, stability, and prosperity for its people.

Supporting article: https://www.iraqinews.com/iraq/iraq-expresses-interest-in-joining-brics/

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/iraq-confirms-interest-in-joining-brics-wants-trade-in-iqd-and-russian-ruble/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

A Lost Republic: The Strategic Overthrow of American Sovereignty (Part 1) : Awake-In-3D

A Lost Republic: The Strategic Overthrow of American Sovereignty (Part 1)

On February 2, 2024 By Awake-In-3D

In Admiralty Law

How the Act of 1871 and International Bankers Silently Transitioned America from a Constitutional Republic into a Commercial Corporate Entity

Buried deep within the annals of American history, there lies a narrative seldom explored in the classrooms of our nation’s schools or the pages of mainstream historical discourse.

It is a tale that, if known, could fundamentally alter our understanding of the governance and legal foundation upon which the United States operates today.

Every Fourth of July, Americans celebrate their independence with great pomp and patriotism, believing in the freedom and liberty that the Founders fought for. Yet, unbeknownst to the vast majority, the freedoms we cherish and the government we trust to uphold them may not be as secure or as sovereign as we are led to believe.

A Lost Republic: The Strategic Overthrow of American Sovereignty (Part 1)

On February 2, 2024 By Awake-In-3D

In Admiralty Law

How the Act of 1871 and International Bankers Silently Transitioned America from a Constitutional Republic into a Commercial Corporate Entity

Buried deep within the annals of American history, there lies a narrative seldom explored in the classrooms of our nation’s schools or the pages of mainstream historical discourse.

It is a tale that, if known, could fundamentally alter our understanding of the governance and legal foundation upon which the United States operates today.

Every Fourth of July, Americans celebrate their independence with great pomp and patriotism, believing in the freedom and liberty that the Founders fought for. Yet, unbeknownst to the vast majority, the freedoms we cherish and the government we trust to uphold them may not be as secure or as sovereign as we are led to believe.

This narrative revolves around a pivotal yet largely overlooked moment in history—the enactment of the Act of 1871, which established a corporate entity known as the “United States,” distinct from the original Constitutional Republic founded as “The United States of America.”

This act, passed under circumstances of financial desperation and political maneuvering, marked a departure from the principles enshrined by the Founding Fathers and set the stage for a profound transformation in the American political and legal landscape.

Why does this matter?

Every Fourth of July, Americans celebrate their independence with great pomp and patriotism, believing in the freedom and liberty that the Founders fought for. Yet, unbeknownst to the vast majority, the freedoms we cherish and the government we trust to uphold them may not be as secure or as sovereign as we are led to believe.

The distinction between the “United States of America” as a Republic and the “United States” as a corporate entity is not just a matter of semantics; it is a fundamental shift in the nature of governance and the rights of the citizenry.

This article seeks to peel back the layers of history to reveal a forgotten chapter that explains how and why the original Constitutional Republic known as The United States of America has been overshadowed by a corporate, legal construct.

We will delve into the backstory involving international bankers, the role they played in this transformation, and the implications it has for the freedoms and governance of the American people.

By understanding the events surrounding the Act of 1871, the motivations behind its passage, and its subsequent impact on American life, we can gain a clearer insight into the challenges facing our nation’s founding principles today.

Critically, this transition was not merely a legal technicality; it signified a shift towards a system where the federal government assumed greater control over the newly created category of federal citizens.

This hidden history is not merely an academic exercise; it is a quest for truth and understanding. Not just for Americans, but for all of humanity that seeks sovereign individuality.

It is a call to reexamine the foundations upon which our laws and institutions are built and to question the narratives that have been passed down through generations.

We must remember that the real history is far more complex and intriguing than the simplified versions we have been taught.

It is time to uncover why the original Constitutional Republic called The United States of America no longer exists in the form it was intended, and why this matters for every American today.

The Act of 1871: The Beginning of the End of American Self-Governance

At the heart of this exploration is the pivotal year of 1871, a time of profound transformation that redefined the United States’ legal and financial landscape.

This period, situated just after the Civil War, marks a crucial juncture in American history, a moment when the nation found itself grappling with the immense burdens of war debts and the daunting task of reconstruction.

It was against this backdrop of financial desperation and national vulnerability that the Act of 1871 was enacted, laying the groundwork for a seismic shift in the nation’s governance structure.

The post-Civil War era was marked by significant economic pressures and the looming influence of international bankers, notably the Rothschilds of London.

The Civil War, while primarily a battle over the moral and economic fissures created by slavery, also served as a stage for less visible but equally significant conflicts.

Among these were the strategic maneuvers by international banking interests, notably European financiers, who sought to extend their influence over the burgeoning American economy.

The war had left the United States in a precarious financial state, teetering on the brink of bankruptcy, and it was under these dire circumstances that Congress was compelled to act.

The legislation known as the Act of 1871, officially titled “An Act To Provide a Government for the District of Columbia,” was ostensibly passed to create a more efficient governance structure for the nation’s capital. However, the implications of this act were far-reaching, establishing a separate municipal government for the District of Columbia, a federal territory not exceeding ten square miles.

This act was not merely administrative; it represented a fundamental change in the nature of American governance.

The underlying motives for the Act of 1871 were complex. Financially drained and seeking to avoid direct borrowing from international bankers, who were already tightening their grip on global economies, the U.S. government found itself in a quandary.

The act was a strategic response to these pressures, facilitating the creation of a municipal corporation that would operate under a different set of rules than the original constitutional framework.

This new entity, known as the “United States” in a corporate sense, marked a departure from the Republic established by the Founding Fathers.

Critically, this transition was not merely a legal technicality; it signified a shift towards a system where the federal government assumed greater control over the newly created category of federal citizens.

This was not merely an administrative decision; it was a strategic move that laid the groundwork for the creation of a corporate entity known as the “United States.”

These citizens, now subject to the municipal laws of the District of Columbia, found themselves entangled in a web of statutes and regulations that diverged from the freedoms promised by the original Constitution.

The Act of 1871 thus laid the foundation for a dual system of governance, where the principles of the Republic and the dictates of a corporate entity coexisted in an uneasy balance.

The consequences of the Act of 1871 extend beyond the legal realm, touching upon the very identity of the American nation and its citizens. By redefining the framework of governance, the act facilitated a subtle yet profound realignment of power, placing the United States on a path that diverged from its founding ideals. This historical juncture, though often overlooked, is essential for understanding the contemporary challenges and debates surrounding freedom, sovereignty, and governance in the United States.

The Transformation from Republic to Corporate Entity

The United States of America, conceived as a beacon of freedom and democracy, underwent a profound transformation that is neither widely acknowledged nor understood.

This metamorphosis from a Constitutional Republic to a corporate entity was catalyzed by the Act of 1871, a critical yet often overlooked moment in American history.

This act, ostensibly designed to provide a government for the District of Columbia, effectively redefined the very fabric of the nation’s governance and its relationship with its citizens.

The Role of the Act of 1871

The Act of 1871 was passed during a period of vulnerability for the United States, following the devastation of the Civil War.

The nation found itself weakened, financially depleted, and in need of a mechanism to restore its coffers without succumbing to the influence of international bankers. It was within this context that Congress, under its constitutional authority, established a separate municipal government for the District of Columbia.

This was not merely an administrative decision; it was a strategic move that laid the groundwork for the creation of a corporate entity known as the “United States.”

Enter the Rothschilds: Economic Pressures and Foreign Bankster Influence

The post-Civil War era was marked by significant economic pressures and the looming influence of international bankers, notably the Rothschilds of London.

These financial powerhouses sought to extend their reach into the recovering American economy. The United States government, in an attempt to maintain sovereignty and avoid direct borrowing, issued Greenbacks – creating America’s first, official fiat currency.

However, this move was insufficient to fully alleviate the financial strain.

The Act of 1871 represented a compromise of sorts, a way to restructure the nation’s financial system without directly engaging with these international entities.

From Republic to Corporate Governance

This pivotal act signified a departure from the original Constitutional framework envisioned by the Founding Fathers. The creation of a municipal corporation for the District of Columbia introduced a new layer of governance, one that operated under a different set of rules and principles than those of the Republic.

This new government form was not merely a municipal entity; it was a corporate body that held sway over the District of Columbia, and by extension, had implications for the governance of the entire nation.

The Impact on American Freedoms

The transformation from a Republic to a corporate entity had far-reaching implications for the concept of freedom in America. The liberties and rights guaranteed under the original Constitution were gradually supplanted by a system of statutory laws and regulations that favored corporate interests.

The sovereignty of the individual and the state was undermined, replaced by a legal framework that prioritized the interests of the newly established corporate entity.

[To be continued in Part 2: The Role of International Bankers in America’s Incorporation]

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/a-lost-republic-the-strategic-overthrow-of-american-sovereignty-part-1/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

Using Trading Platforms for RV/GCR Bonds and Currencies Explained : Awake-In-3D

Using Trading Platforms for RV/GCR Bonds and Currencies Explained

On January 31, 2024 By Awake-In-3D

In RV/GCR

If you have been around RV/GCR Land for even a short time, it is likely that you have heard the term Platform Trade, or Trading Platforms frequently mentioned. Yet they are never adequately explained regarding their role in the RV/GCR.

This article will get you up to speed.

Private Trading Platforms are a real thing in global finance. Most are not advertised, do not have websites and operate by word-of-mouth between connected businesses and individuals. One cannot get into a PTP by applying as participants are typically approached by private invitation.

I have had the pleasure (and luck) to meet several folks at various levels of PTPs over the years. Yet it’s like the iconic movie where “the first rule of Fight Club is you don’t talk about Fight Club.”

Using Trading Platforms for RV/GCR Bonds and Currencies Explained

On January 31, 2024 By Awake-In-3D

In RV/GCR

If you have been around RV/GCR Land for even a short time, it is likely that you have heard the term Platform Trade, or Trading Platforms frequently mentioned. Yet they are never adequately explained regarding their role in the RV/GCR.

This article will get you up to speed.

Private Trading Platforms are a real thing in global finance. Most are not advertised, do not have websites and operate by word-of-mouth between connected businesses and individuals. One cannot get into a PTP by applying as participants are typically approached by private invitation.

I have had the pleasure (and luck) to meet several folks at various levels of PTPs over the years. Yet it’s like the iconic movie where “the first rule of Fight Club is you don’t talk about Fight Club.”

Yet in the world of the wealthy and connected, private hard assets like fine art, precious metals and rare antiquities are placed into PTPs where they are hypothecated and rehypothecated for substantial financial leverage, arbitrage for various purposes such as raising business capital and even funding economic development or humanitarian projects.

What Exactly are Private Trading Platforms?

PTPs are specialized investment platforms that cater to the trading of a broad spectrum of assets outside the public markets.

These platforms predominantly focus on hard assets, which include tangible assets like real estate, precious metals such as gold and silver, gemstones, fine art, and other physical goods with intrinsic value.

The primary role of PTPs is to offer a secure, regulated space for high-net-worth individuals, institutional investors, and sometimes smaller investors with access, to invest in, sell, or trade these assets.

They provide a level of privacy and exclusivity not commonly found in public markets, thus presenting opportunities for higher returns due to the unique nature of the assets and less volatility compared to mainstream markets.

PTPs leverage their extensive networks, expertise, and exclusive deals to present unique investment opportunities. They often set certain criteria for participants, like minimum investment thresholds, to ensure that all investors are financially robust and comprehend the risks involved in these types of investments.

Access to these platforms is typically limited to investors who meet specific financial qualifications, allowing them to tap into a variety of hard assets and rare or unique investment opportunities not found in traditional markets.

Additionally, PTPs play a crucial role in matching sellers with buyers, facilitating transactions, providing valuation services, and sometimes offering safe storage solutions for the physical assets traded.

The Critical Role of Hypothecation and Rehypothecation in PTPs

When discussing hypothecation and rehypothecation within PTPs, it’s important to understand these as financial processes crucial to the platforms, especially concerning hard assets and securities lending.

Hypothecation happens when an investor pledges collateral (an asset) to secure a debt while maintaining ownership of the collateral, giving the lender the right to seize the asset if the loan isn’t repaid as agreed.

This allows asset owners to gain liquidity without selling, potentially leveraging it for further investments.

Rehypothecation goes a step further by allowing the lender or a financial intermediary to use the pledged collateral (the asset) for its own purposes, like securing its borrowing or obligations.

This process can enhance liquidity and trading efficiency in hard assets by allowing these assets to fulfill multiple financial roles simultaneously.

What Trading Platforms Do

For individuals or entities with valuable physical goods, placing a hard asset into a PTP offers numerous advantages.

It provides an opportunity to leverage these assets as collateral for loans or financing, thus gaining liquidity without selling the asset.

This can be especially appealing for assets anticipated to appreciate or those with sentimental value.

PTPs grant access to unique or exclusive investment opportunities unavailable to the general public, potentially yielding higher returns. They also facilitate the secure and regulated selling or trading of hard assets, reaching a broader audience of buyers or investors than possible through traditional markets.

Moreover, many PTPs provide secure storage solutions for physical assets (such as Safe Keeping Receipts or SKRs), mitigating the risk of theft or damage while the asset is held or traded.

In summary, by placing a hard asset into a PTP, individuals or entities not only secure liquidity but also access a suite of services and opportunities designed to maximize the value and utility of their assets.

It represents a strategic opportunity to enhance potential returns and offer financial flexibility, without the need to sell the asset outright.

How Private Trading Platforms Work

Leveraging hard assets, particularly those anticipated to appreciate significantly over time, in a Private Trading Platform (PTP) is a strategy that involves using these assets as collateral to secure financing or loans. This process allows for the potential appreciation of the asset while maintaining ownership.

Let’s take an an in-depth look at how this process unfolds.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/the-use-of-trading-platforms-for-rv-gcr-bonds-and-currencies-explained/

Please go to Part 2 and Part 3 for the rest of the article.

Part 2:   https://ai3d.blog/how-private-trading-platforms-work-a-simple-example/

Part 3:  https://ai3d.blog/how-trading-platforms-apply-to-rv-gcr-redemptions-and-exchanges/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

GCR Land ‘Intel’ Claiming International Acceptance of US Treasuries (Debt) Has Stopped is Flat Out Not True

GCR Land ‘Intel’ Claiming International Acceptance of US Treasuries (Debt) Has Stopped is Flat Out Not True

On January 23, 2024 By Awake-In-3D

In RV/GCR

I rest my case. There’s frequent member discussion on my Telegram Channel about how US Treasuries are no longer accepted by foreign markets. Yet, the facts indicate exactly the opposite.

Just yesterday, I asked my readers to await the results of several US Treasury auctions this week.

Consequently, today’s 2-Year Treasury auction solidly shows that not only are US Debt instruments being accepted worldwide, foreign demand is at record levels.

GCR Land ‘Intel’ Claiming International Acceptance of US Treasuries (Debt) Has Stopped is Flat Out Not True

On January 23, 2024 By Awake-In-3D

In RV/GCR

I rest my case. There’s frequent member discussion on my Telegram Channel about how US Treasuries are no longer accepted by foreign markets. Yet, the facts indicate exactly the opposite.

Just yesterday, I asked my readers to await the results of several US Treasury auctions this week.

Consequently, today’s 2-Year Treasury auction solidly shows that not only are US Debt instruments being accepted worldwide, foreign demand is at record levels.

A notable 65.3% of the auction was bought by foreign investors, termed ‘Indirects’. This is the highest percentage since the previous summer and well above the six-auction average.

So when the Guru News Network tells us that the US is bankrupt and US Treasuries are dead in the water internationally, our first action should be to simply go to the Treasury Auction website and check the facts. Nearly all financial data is publicly available as verification.

Here’s the details of today’s 2-Year Treasury Auction.

Solid Auction Signals Strong International Demand

Today’s 2-year Treasury auction highlighted a significant confidence in the US Treasuries, especially among foreign buyers.

Despite potential concerns regarding the upcoming Federal Open Market Committee (FOMC) meeting and Treasury Refunding, the auction proved successful.

Key Auction Outcomes

  • Sale Amount: The US sold $60 billion in 2-year notes today (January 23, 2024).

  • Interest Rate: The notes were sold at an interest rate of 4.365%. This was in line with expectations and slightly higher than last month’s rate.

  • Demand: The bid-to-cover ratio was 2.571. Although this is a slight decrease from last month and below the recent average, it remains within the healthy range seen over the past decade.

Demand for US Treasury Debt Instruments is at an all time high. Today’s 2-Year auction confirms this fact.

Foreign Interest Peaks

  • High Foreign Participation: A notable 65.3% of the auction was bought by foreign investors, termed ‘Indirects’. This is the highest percentage since the previous summer and well above the six-auction average.

  • Implications: Such strong foreign participation indicates a continued trust in the stability and reliability of US Treasury securities.

Domestic Participation and Market Impact

  • Direct and Dealer Participation: Direct bidders bought 19.9% of the auction, slightly below the average. Dealers took the smallest portion since the previous fall, at 14.8%.

  • Stable Market Response: The auction did not significantly impact the market. The 10-year Treasury yield remained stable at 4.14% following the auction.

This recent Treasury auction underscores the strong international confidence in US Treasuries (Bills, Notes, and Bonds).

Despite some market uncertainties, the high level of foreign buyer participation reflects the ongoing appeal of US Treasury securities as a stable investment.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/gcr-land-intel-claiming-international-acceptance-of-us-treasuries-debt-has-stopped-is-flat-out-not-true/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

Bank Runs: The ECB’s Ridiculous Blame on Social Media : Awake-In-3D

Bank Runs: The ECB’s Ridiculous Blame on Social Media

On January 24, 2024 By Awake-In-3D

In Fiat Debt System Collapse

Overlooking the Real Issue

The European Central Bank (ECB) has recently shifted its focus to monitoring social media, blaming it for triggering bank runs.

This perspective is a clear misdirection. It overlooks the underlying instability of the global fiat financial system, the true root cause of potential bank runs.

Bank Runs: The ECB’s Ridiculous Blame on Social Media

On January 24, 2024 By Awake-In-3D

In Fiat Debt System Collapse

Overlooking the Real Issue

The European Central Bank (ECB) has recently shifted its focus to monitoring social media, blaming it for triggering bank runs.

This perspective is a clear misdirection. It overlooks the underlying instability of the global fiat financial system, the true root cause of potential bank runs.

Social Media as a Scapegoat

By focusing on social media as the cause of bank runs, the ECB is ignoring the larger issue.

The real problem lies in the inherent weaknesses of the fiat financial system. This system is burdened by unsustainable debt, leading to a lack of confidence among depositors.

The 2023 Bank Runs: A Deeper Look

Consider the bank runs of 2023. The ECB’s narrative blames social media for spreading panic, leading to massive withdrawals from banks like Credit Suisse.

However, this simplistic view fails to acknowledge the underlying financial instability and lack of trust in the financial system.

Questioning ECB’s Liquidity Measures

The ECB’s response includes increasing surveillance of social media and adjusting liquidity measures like the Liquidity Coverage Ratio (LCR).

Yet, these actions seem superficial. They do not address the deeper issues plaguing the financial system, such as the reliance on debt and the devaluation of fiat currencies.

Global Reaction: The ECB Makes No Sense

Globally, financial regulators are debating the resilience of banks under current regulations. Yet, there’s a stark contrast in perspectives.

While the ECB focuses on social media, other regulators are examining the fundamental flaws in the financial system.

Ignoring the Elephant in the Room

The ECB’s stance is akin to ignoring the elephant in the room. By blaming social media for financial instability, they’re diverting attention from the more significant issue – the fragility of the global fiat financial system.

The Need for a Systemic Overhaul

What’s needed is not just better social media monitoring or tweaked liquidity ratios. It’s a systemic overhaul of the financial system. The shift should be towards a system based on tangible assets, moving away from the fiat currency model.

My Thoughts: The True Path to Financial Stability

As the ECB continues to blame external factors like social media, it becomes increasingly clear that a more profound change is necessary.

The path to true financial stability lies in acknowledging the inherent weaknesses of the current fiat financial system and returning to an asset-backed, sound money policy.

Stay tuned to GCR Real-Time News for insightful analysis on these crucial economic developments.

Supporting article: Reuters – ECB asks some lenders to monitor social media for early signs of bank runs -sources

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/bank-runs-the-ecbs-ridiculous-blame-on-social-media/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

Breaking the Chains! Our Coming GCR Transition to Asset-based Prosperity – To Hell with the Bankster ‘Reset’

Breaking the Chains! Our Coming GCR Transition to Asset-based Prosperity – To Hell with the Bankster ‘Reset’

On January 10, 2024 By Awake-In-3D

In Uncategorized

Are we on the brink of a global financial revolution? There’s an imminent shift before us leading from a debt-ridden economy to an empowering, asset-backed financial system.

This isn’t just about numbers and policies; it’s about a transformative, pinnacle event unleashing economic sovereignty and individual freedom.

This monumental asset-backed reset can redefine our financial landscape, liberate us from cycles of debt, and herald a future of financial stability and empowerment.

Breaking the Chains! Our Coming GCR Transition to Asset-based Prosperity – To Hell with the Bankster ‘Reset’

On January 10, 2024 By Awake-In-3D

In Uncategorized

Are we on the brink of a global financial revolution? There’s an imminent shift before us leading from a debt-ridden economy to an empowering, asset-backed financial system.

This isn’t just about numbers and policies; it’s about a transformative, pinnacle event unleashing economic sovereignty and individual freedom.

This monumental asset-backed reset can redefine our financial landscape, liberate us from cycles of debt, and herald a future of financial stability and empowerment.

We all understand the corrupt nature of our current financial system, with its relentless buildup of debt and its cyclical crises, there’s an undeniable sense that we’re approaching a monumental shift – a global financial reset to asset-backed currencies.

This isn’t just about the numbers on our bank statements; it’s about a fundamental change in how our world views and handles money.

Think about it – for too long, we’ve been trapped in a financial system that seems to operate on an endless loop of debt accumulation and economic downturns. It’s been a system where debt grows faster than our ability to pay it back, leading to economic slowdowns that impact each of us personally.

Our hard-earned money has been funneled (via endlessly increasing taxation and regulation) into servicing the debts of the fiat financial system, leaving less for the real economy and for our own pockets.

Governments have often responded to these crises with short-term solutions that only serve to kick the can down the road.

These solutions, such as creating more credit to inflate the economy, typically end up benefiting big lenders at the expense of the average person.

It’s a system that has consistently favored the financial elite, while everyday people are left to bear the consequences of policies that don’t prioritize their well-being.

The 2008 financial crisis was a glaring example of this flawed system.

Banks extended loans to increasingly risky markets, leading to a housing market crash and widespread economic turmoil. This wasn’t just an abstract financial event; it had real, tangible impacts on people – from losing homes to job losses and beyond.

The government’s response, though aimed at stabilizing the economy, often ended up benefiting those at the top, leaving the broader population to grapple with the fallout.

However, amid these challenges, there’s a growing sense of optimism about the future of our financial system.

We’re on the cusp of transitioning to a system backed by real, tangible assets, moving away from the unstable foundation of our current fiat financial system.

This shift promises to bring about a financial environment that respects individual financial freedoms and sovereignty, rather than one that feels invasive and controlling.

This global financial reset isn’t just about changing the way money is made or managed; it’s about transforming the very principles that underpin our financial world. It’s about creating a system that values transparency, trust, and the empowerment of individuals.

We’re looking at a future where our financial system supports and uplifts us, rather than constraining us within cycles of debt and instability.

So, while the current financial landscape might seem hopeless, there’s a wave of positive change on the horizon.

This asset-backed reset is a chance for us to build a financial system that truly works for everyone, one that brings stability, respect for privacy, and a renewed sense of control over our individual and collective economic destinies.

Let’s welcome this new era with open arms, ready to embrace a future where our financial system is a source of strength and empowerment – not chains and servitude.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/breaking-the-chains-our-coming-gcr-transition-to-asset-based-prosperity-to-hell-with-the-bankster-reset/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

Tales from an RV/GCR Road Warrior: My Personal ‘Exchange’ Stories : Awake-In-3D

Tales from an RV/GCR Road Warrior: My Personal ‘Exchange’ Stories

On January 12, 2024 By Awake-In-3D

In RV/GCR, Random Thoughts

I have been a card-carrying member of GCR Land for 13 years as of last month when I purchased my first IQD.

I started out as an avid follower and consumer of the Guru News Network (GNN). Over time, I listened to every RV/GCR conference call, read every internet news site, and joined every online chatroom I could find.

Soon, I found myself realizing that I was a fully addicted GCR Hopium junkie.

Tales from an RV/GCR Road Warrior: My Personal ‘Exchange’ Stories

On January 12, 2024 By Awake-In-3D

In RV/GCR, Random Thoughts

I have been a card-carrying member of GCR Land for 13 years as of last month when I purchased my first IQD.

I started out as an avid follower and consumer of the Guru News Network (GNN). Over time, I listened to every RV/GCR conference call, read every internet news site, and joined every online chatroom I could find.

Soon, I found myself realizing that I was a fully addicted GCR Hopium junkie.

The Genesis of an RV/GCR Road Warrior

After a cacophony of daily “It’s happening” and “It’s done” GNN reports peaked around 2013, I took my first steps from being only an RV/GCR observer to becoming a more proactive GCR Land participant.

I started asking a lot of questions.

Believing that asking rational and logical questions (my nature being an experienced Engineer and Entrepreneur) would lead me to meaningful answers about the constant delays of my RV/GCR exchange/redemption, I was deeply disappointed.

Instead of getting answers, I was quickly the subject of ridicule and disdain within the GNN landscape of the time. I was labeled a cabal shill, CIA infiltrator, and worse. Soon I was an outcast and banned from nearly every online community of the day.

Then I found a few private member chat rooms where my probing questions were accepted by like-minded folks who were also questioning the GNN narratives. Yet still no answers came forth.

So, I began to faithfully dig and research all things relevant to how currency exchange rates are determined, the global financial system infrastructure, and fundamental economic principles and my eyes were opened.

Then I started to write about what I was learning under the pseudonym of Awake-In-3D.

As my posts began finding their way into mainstream GCR Land news outlets, people more deeply involved in behind-the-scenes RV/GCR took notice and began to contact me privately and I started getting plausible and realistic answers to many of my initial questions.

And this led to even more questions – so I kept on digging and writing.

Eventually, I found myself invited to private exchanges and redemption opportunities for my growing collection of currencies and bonds. I thought I finally made a breakthrough, but little did I realize at the time that I was only just beginning my RV/GCR journey.

Exchange Stories: Brokers and Bankers and Lawyers Oh My!

I tend to write long-form articles, but I’ll keep this short.

My first exchange scenarios began with different lawyers with “top level connections” to currency and bond (assets) Buyers. Centered in Reno, Los Angeles, and Salt Lake City, I was instructed to send my assets to them under a contract to transact.

The contracts were all in the usual legal language I recognized from my professional business experience even offering insured/bonded transport of my assets. I actually considered doing this. Afterall, everything looked totally legit.

It was only after I offered to personally transport my assets, and meet the parties involved directly, did I run into doubt.

The Reno and Salt Lake City lawyers suddenly had excuses for why my request was not possible. Hmmmm…

But the LA lawyer was open to a private meet so I packed up my car and drove cross-country from Chicago to LA. This was showing progress!

The next day, being only 3 hours from LA, the private meet-and-greet with the Buyer started getting delayed. Hmmmm…

The meeting never took place and it was a wasted trip. I was told the Buyer had to catch a last-minute flight to Hong Kong, but the attorney said I could leave my assets in their office and the transaction would be executed when the Buyer returned. Hmmmm…

No thanks!

Some months later, I was contacted by a broker representing one of the Asian Elder Families and I was invited to participate in and asset exchange to take place in Singapore as part of the initial liquidity injection into the broader GCR funding infrastructure.

Contracts were offered containing terms and asset pricing. Also included were Humanitarian and Economic Project participation stipulations. Now we’re talking! Only this time, I wasn’t going to fly all the way to Singapore just to face another wasted trip.

So, I offered to have a 3rd-party, legal fiduciary, approved my both myself and the Buyer act as a Guarantor and transporter of the assets (similar to an Escrow facility) once the funds for the transaction were verified (proof of funds/POF) by the Fiduciary.

This was deemed acceptable and the process began. I generated a list of serial numbers and Proof of Life (POL) photos of my assets while I was awaiting Proof of Funds documentation from the Buyer and HSBC Bank.

I withheld providing my serial numbers, etc. until I had POF letter from the bank. Day after day went by without the POF letter but was told it would be forthcoming.

Becoming impatient, I informed the broker that I was going to withdraw from the deal if the POF was not provided within the next 5 business days.

Near the end of the 5-day period, I was offered a different contract and a sum of $10,000 cash up front to remain in the deal – since the Buyer needed more time. I said no because I would have lost the Right of Refusal with the Buyer if I signed the new Agreement.

It turned out that the broker was structuring a Flipper Deal on behalf of the Buyer. The Buyer was under the impression that a private RV/GCR exchange would occur on his side within 30 days under which he was waiting for POF from his Buyer’s bank.

The broker never made clear to me up front that this was an asset Flip deal.

I have several additional such stories over the early years, but I need not elaborate further. Suffice it to say, none of them have come to fruition as of today.

All around these transactions, there were bankers involved in deals. Legitimate folks with positions and names I could verify. While a few of the lawyer deals smelled of deception, most were put forth with good faith under lawful circumstances.

Bankers are just the guys in the middle of all of this. Some are very aware of the state-of-play in Our GCR (not the bad guy reset). They want the business.

After all, they’re bankers. Many get excited and tend to get overzealous in their predictions over what is going on in the bigger picture.

Most times, I wish they would just admit that they don’t know as much as they think they do.

I have also come across my share of pure criminals and con artists in my GCR Road Warrior journey thus far. Whenever there’s a lot of cash involved, there are always sharks in the water.

For the bulk of those early experiences, I fully believe the RV/GCR is real, and since those days, I have come to learn a much more and forge a greater sphere of connections in the process – further strengthening my support for the RV/GCR event forthcoming.

I also know that the Bad Guy Reset plan is real.

Additionally, I am highly aware that quite a few of the scenarios, accepted as truths, surrounding Our RV/GCR are exaggerated at best and pure myth in the worst cases.

But this is also to be expected in such a transformational, epic financial event.

Yet the greatest thing I have learned so far is, no one knows when the RV/GCR will actually occur or exactly how it will unfold.

Anyone claiming to know, certainly does not know.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/tales-from-an-rv-gcr-road-warrior-my-personal-exchange-stories/

Read More
Awake-In-3D, Vn Dong Dinar Recaps 20 Awake-In-3D, Vn Dong Dinar Recaps 20

Why the Vietnam Dong (VND) Will Likely RV First : Awake-In-3D

Why the Vietnam Dong (VND) Will Likely RV First

On January 13, 2024 By Awake-In-3D

In RV/GCR

It’s no secret that the now, 10-nation BRICS Alliance will formally take serious measures to create and launch a gold-backed trade currency this year. As of this week, Russian President Vladimir Putin assumed leadership of the BRICS Alliance for one year.

Putin and the Russian Finance Ministry prepared and submitted proposals for a gold-backed trade currency ahead of the BRICS annual summit in 2023.

However, India was formally opposed consideration and China was reluctant as well. As such, the gold currency proposal was not officially included on the BRICS summit agenda for formal discussions.

Why the Vietnam Dong (VND) Will Likely RV First

On January 13, 2024 By Awake-In-3D

In RV/GCR

It’s no secret that the now, 10-nation BRICS Alliance will formally take serious measures to create and launch a gold-backed trade currency this year. As of this week, Russian President Vladimir Putin assumed leadership of the BRICS Alliance for one year.

Putin and the Russian Finance Ministry prepared and submitted proposals for a gold-backed trade currency ahead of the BRICS annual summit in 2023.

However, India was formally opposed consideration and China was reluctant as well. As such, the gold currency proposal was not officially included on the BRICS summit agenda for formal discussions.

Why the VND? Unless some major existential event occurs on a massive geopolitical scale, I see no realistic scenario for 180 nations to unanimously adopt a worldwide gold-backed currency system in the near future.

Now that Russia’s Putin is leading BRICS events and strategic initiatives in 2024, the gold trade currency will most certainly be taken up for Member consideration and debate this year.

Vietnam Applies for BRICS Membership

In 2023, Vietnam, along with fourteen other nations, formally applied for BRICS membership and their application has been officially accepted for consideration.

As far as our RV/GCR is concerned, the single most plausible scenario for the initiation of RV exchanges will begin with BRICS.

Why?

Because unless some major existential event occurs on a massive geopolitical scale, I see no realistic scenario for all 180 nations on the planet to unanimously adopt a worldwide gold/asset-backed currency system in the near future.

As much as I’d like to believe in the mythical NESARA/GESARA tenants being adopted worldwide, much less by the United States, there are serious questions as to the validity, or even the existence of the fabled NESARA program.

How a VND Exchange/RV Would Work for Us

Given that the most plausible and logical way for a country like Vietnam (or Iraq for that matter), to be able to pay for our exchanges at a significantly higher rate than today’s 24,000 VND to $1.00 USD rate, is for the current USD to be significantly devalued against the VND.

Think about it, if foreigners outside of Vietnam are holding many trillions of VND, at a new rate of say 1.00 VND = $0.10 USD (10 US cents), Vietnam would have to come up with literally trillions of US dollars to buy our VND at the new rate.

This is simply economically impossible given Vietnam’s Gross Domestic Product (GDP) today is likely around $450 billion.

However, if the VND became directly convertible into a gold-backed global currency, the US dollar, along with all other fiat currencies would be extremely weak by comparison.

This is where the BRICS gold-backed common trade currency comes into play.

If Vietnam becomes a member of the BRICS Alliance, the VND would be directly convertible into the new, BRICS gold-backed trade currency and thus, by extension, the VND we all hold would be directly exchanged into the golden trade currency.

Furthermore, since the USD, Euro, etc., would be near worthless against the BRICS gold currency, we would have tremendous purchasing power in our home countries.

How much purchasing power?

That would depend on the ultimate structure of how BRICS would manage each of its member’s native currency to the new, gold-backed, common trade currency. Consequently, it’s not realistically possible to determine what our VND exchange value would ultimately be at this time.

What About the IQD?

The reason I speculate that the VND would RV before the IQD is simply because there have been no official announcements about Iraq applying to join the BRICS Alliance. I cannot simply state that Iraq has applied without direct evidence.

That said, in a recent BRICS press conference, Vladimir Putin stated that approximately 30 countries are in discussions to seek membership.

Certainly, it is highly probable that Iraq is one of those 30 countries. It is also understandable that Iraq (and BRICS) would want to keep Iraq’s application confidential for now given the tenuous, but ongoing relationship between the United States and Iraq.

Also, there is no hard rule that a country must wait for the annual BRICS Summit before it can participate within the BRICS Alliance, and/or utilize its forthcoming gold-backed currency.

I will be watching all this closely.

Discover More:

The Rising Energy, Gold and Trade Power of the BRICS Alliance

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/why-the-vietnam-dong-vnd-will-likely-rv-first/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

One of the Largest US Public Pension Plans Needs $30 Billion Amid CRE Crisis and Growing Financial System Meltdown

One of the Largest US Public Pension Plans Needs $30 Billion Amid CRE Crisis and Growing Financial System Meltdown

On January 10, 2024 By Awake-In-3D

In Fiat Debt System Collapse

In the backdrop of an increasingly unstable global fiat currency debt system, the California State Teachers’ Retirement System (CalSTRS), one of the largest public pension plans in the US, is making a forced decision.

Faced with the dual challenges of CRE market turmoil and the logical conclusion of the great global fiat currency debt system, CalSTRS plans to borrow $30 billion, representing about 10% of its $318 billion portfolio. This move is aimed at maintaining liquidity without resorting to a fire-sale of its assets.

One of the Largest US Public Pension Plans Needs $30 Billion Amid CRE Crisis and Growing Financial System Meltdown

On January 10, 2024 By Awake-In-3D

In Fiat Debt System Collapse

In the backdrop of an increasingly unstable global fiat currency debt system, the California State Teachers’ Retirement System (CalSTRS), one of the largest public pension plans in the US, is making a forced decision.

Faced with the dual challenges of CRE market turmoil and the logical conclusion of the great global fiat currency debt system, CalSTRS plans to borrow $30 billion, representing about 10% of its $318 billion portfolio. This move is aimed at maintaining liquidity without resorting to a fire-sale of its assets.

Strategic Leverage amidst Fiat Instability

The decision to leverage funds is a strategic response not just to the real estate downturn, but also to the broader concerns regarding the sustainability of the global fiat debt currency system. CalSTRS’ board is set to review this policy, which, if approved, will see the leverage used temporarily to meet cash flow needs in unfavorable asset selling conditions.

Current Leverage and Portfolio Management

Currently, CalSTRS uses leverage amounting to about 4% of its portfolio, as indicated by Meketa Investment Group, its consultant. The proposed increase is not for a new asset allocation but to smooth cash flows and as a tool to navigate portfolio management amidst market and currency volatility.

Impact of CRE Downfall and Fiat Concerns on CalSTRS

The Financial Times’ report last April highlighted CalSTRS’ intention to write down its $52 billion commercial real estate portfolio, exacerbated by rising interest rates and destabilized fiat currencies.

Related article:

From Bad to Worse – Commercial Real Estate Meltdown Unfolding

According to CalSTRS Chief Investment Officer Christopher Ailman, office real estate values have declined significantly, a situation aggravated by the uncertainty in the fiat currency system. Previously, CRE was a top-performing asset class for CalSTRS, delivering robust returns over a decade.

Real Estate in CalSTRS’ Portfolio

Real estate makes up roughly 17% of CalSTRS’ total assets. The CRE downturn, coupled with the implications of a faltering global fiat currency system, has put substantial pressure on pension plans like CalSTRS.

Regional banks with high CRE exposure are also at risk in this volatile economic environment.

Contributing article: https://www.bloomberg.com/news/articles/2024-01-04/calstrs-seeks-to-borrow-more-than-30-billion-to-manage-cash

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/one-of-the-largest-us-public-pension-plans-needs-30-billion-amid-cre-crisis-and-growing-financial-system-meltdown/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

New BRICS PAY System: How BRICS Will Reset Global Currency Power : Awake-In-3D

New BRICS PAY System: How BRICS Will Reset Global Currency Power

On January 9, 2024 By Awake-In-3D

In RV/GCR

The BRICS alliance is spearheading an ambitious campaign to reshape the global financial landscape.

Central to their strategy is reducing the longstanding dominance of the U.S. dollar.

The significance of this shift cannot be overstated, as it represents a potential seismic rift in international economic power balances.

New BRICS PAY System: How BRICS Will Reset Global Currency Power

On January 9, 2024 By Awake-In-3D

In RV/GCR

The BRICS alliance is spearheading an ambitious campaign to reshape the global financial landscape.

Central to their strategy is reducing the longstanding dominance of the U.S. dollar.

The significance of this shift cannot be overstated, as it represents a potential seismic rift in international economic power balances.

De-Dollarization Drive Gains Momentum

After expanding to include ten nations in August 2023, the BRICS alliance has accelerated its efforts to move away from the U.S. dollar.

This involves two key strategies: first, promoting trade in local currencies amongst themselves, thus bypassing the need for dollar-based transactions; second, the development of a BRICS-specific currency, envisioned to directly compete with the U.S. dollar on a global scale.

Founding members Russia and China have been particularly proactive, entering into agreements to conduct bilateral trade in their local currencies.

This strategy is aimed at undermining the U.S. dollar’s role as the primary reserve currency and its dominance in international trade.

The Uphill Battle Against the Dollar’s Dominance

Despite these efforts, the dollar maintains a dominant role in global finance. Its widespread use in international trade, investment, and reserves reinforces its position.

The BRICS’ challenge is formidable; shifting away from a currency that is deeply embedded in global financial systems requires not just creating alternatives, but also convincing global actors to adopt these alternatives, which could be more costly and less efficient.

Limited Financial Influence Due to Western Institutions

Though the BRICS countries collectively account for a significant portion of the world’s production and consumption in various sectors, their influence in global finance remains limited.

This discrepancy is largely due to the control the U.S. and its allies hold over key financial instruments and institutions.

For example, the U.S. dollar continues to play a major role in global currency and credit markets, international trade invoicing, and forming official foreign exchange reserves.

Moreover, the U.S. retains considerable influence in major global financial institutions, like the International Monetary Fund (IMF) and World Bank.

BRICS PAY: Revamping the International Payment Infrastructure

The BRICS nations are not just looking to create an alternative currency but also to overhaul the international payment infrastructure.

The proposed BRICS PAY system aims to integrate traditional payment systems with innovative financial technologies, including central bank digital currencies and decentralized finance.

This system’s goal is to facilitate direct exchanges between national currencies of member states, eliminating the need for intermediary conversion into U.S. dollars.

This would reduce transaction costs and processing times, making trade within the BRICS bloc more efficient.

Read:  What is the BRICS Pay initiative?

Currency Fairness for Global Financial Equity

The BRICS nations are also focused on creating a fairer global financial system. Their objective is to develop a framework for mutual settlements in their own currencies, which would help redistribute international financial flows more equitably.

This approach aims to correct structural imbalances in the global economy, where the current system disproportionately benefits developed nations at the expense of emerging markets.

By enabling settlements in their own currencies, BRICS nations hope to channel financial resources into priority industries and reduce their economic dependence on the dollar.

Bottom Line

The BRICS countries’ concerted push towards a de-dollarized world represents a bold attempt to redefine the global financial order.

This initiative, while fraught with challenges, has the potential to significantly alter the landscape of international finance, marking a shift from a U.S.-centric system to a more multipolar financial world.

Supporting articles:

  1. BRICS to Eliminate US Dollar Financial System in 2024 – Watcher Guru

  2. The Difficult Realities of the BRICS’ Dedollarization Efforts – Carnegie Endowment for International Peace

  3. Can BRICS De-dollarize the Global Financial System? – Cambridge

  4. Visualizing the BRICS Expansion in 4 Charts – Visual Capitalist

  5. BRICS in Global Financial System: The Need to Level the Playing Field – Modern Diplomacy

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/new-brics-pay-system-how-brics-will-reset-global-currency-power/

Read More
Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

BRICS Expansion: 30 New Member Nations Says Vladimir Putin : Awake-In-3D

BRICS Expansion: 30 New Member Nations Says Vladimir Putin

On January 7, 2024 By Awake-In-3D

In GCR Roadmap Events, RV/GCR, Fiat Debt System Collapse

The BRICS bloc, powered by Russia, is making significant strides in 2024, spearheading BRICS Expansion with the inclusion of five new full members.

President Vladimir Putin announced the induction of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, marking a powerful shift in the association’s standing in international affairs.

BRICS Expansion: 30 New Member Nations Says Vladimir Putin

On January 7, 2024 By Awake-In-3D

In GCR Roadmap Events, RV/GCR, Fiat Debt System Collapse

The BRICS bloc, powered by Russia, is making significant strides in 2024, spearheading BRICS Expansion with the inclusion of five new full members.

President Vladimir Putin announced the induction of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, marking a powerful shift in the association’s standing in international affairs.

Growing Authority and Support

Putin emphasized the growing authority of BRICS, stating that the inclusion of new members signals the association’s increasing influence in the ongoing BRICS Expansion.

He highlighted the principles shared by member nations, such as sovereign equality, openness, consensus, and a commitment to forming a fair global financial and trading system.

Rapid Expansion and Future Prospects

With the recent additions, BRICS now stands as a 10-nation body, showcasing its appeal to countries sharing its principles in the midst of BRICS Expansion.

Putin mentioned that approximately 30 more countries are prepared to join the multi-dimensional agenda of BRICS, prompting discussions on a new category of BRICS partner countries.

Russian Presidency Priorities

Under Russia’s 2024 BRICS chairmanship, the focus will be on strengthening the role of BRICS in the international monetary system.

Putin outlined key areas of concentration, including expanding inter-bank cooperation and increasing the use of national currencies in mutual trade, aligning with the theme of BRICS Expansion.

Towards Equitable Global Development

Putin’s vision for the Russian presidency revolves around strengthening multi-lateralism for equitable global development and security during this era of BRICS Expansion.

The priorities include enhancing foreign policy coordination among member countries, addressing challenges to international and regional security, and fostering cooperation in science, technology, healthcare, environmental protection, culture, and sports.

Roadmap for Collaboration

Putin affirmed Russia’s commitment to promoting all aspects of BRICS partnership in politics and security, economy and finance, and cultural and humanitarian contacts amid the ongoing BRICS Expansion.

Over 200 events across various levels and types are planned, culminating in the BRICS Summit in Kazan in October.

Strategic Economic Goals

The Russian presidency will actively contribute to the practical implementation of the strategy for BRICS economic partnership 2025 and the action plan for innovation cooperation 2021-2024, with a specific focus on ensuring energy and food security within the context of BRICS Expansion.

In a rapidly changing global landscape, BRICS is positioning itself as a formidable force for positive and constructive cooperation, embracing new members, and pursuing a vision of a fair and sustainable global financial system amid the ongoing BRICS Expansion.

Supporting article: https://www.rediff.com/news/report/brics-doubles-in-size-with-5-new-members-putin-hints-at-further-expansion/20240103.htm

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/brics-expansion-30-new-member-nations-says-vladimir-putin/

Read More