RV/GCR Heading to the Launchpad: Prepare for a Currency Reset

RV/GCR Heading to the Launchpad: Prepare for a Currency Reset

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

BRICS’ new currency will launch a global REVALUATION and challenge RESET the financial system once and for all.

The fiat currency financial landscape stands on the edge of a major shift with the potential for a significant revaluation (RV) and a global currency reset (GCR).

This transformative change is closely tied to the ongoing initiative by the BRICS Alliance to introduce a new gold-backed common trade currency.

ALSO READ: BRICS Now Dominates Global Oil, Gold and Energy Supplies

The BRICS bloc is increasingly seeking to reduce its reliance on Western G7 currencies, particularly the US dollar, for international trade. The quest for economic sovereignty and financial stability drives these nations to consider a common trade currency.

A significant revaluation of currencies will be a key result of this initiative, profoundly impacting the global financial system.

In This Article

• Reducing Reliance on G7 Currencies

• The Inadequacy of Existing BRICS Currencies

• The Need for a Globally Acceptable Currency

• Integration into the Forex Market

• Benefits of Gold Backing

Reducing Reliance on G7 Currencies

The dominance of the US dollar and the euro in international trade presents significant challenges for BRICS nations.

Dependence on these currencies exposes BRICS economies to the monetary policies and economic fluctuations of Western nations. This dependence often results in economic instability, as decisions made by the Federal Reserve or the European Central Bank can have far-reaching, negative effects on BRICS economies.

For instance, interest rate hikes in the US can lead to capital outflows from BRICS nations, causing currency devaluations and economic turmoil.

A common trade currency would mitigate these vulnerabilities, providing BRICS members with greater control over their economic destinies and reducing the influence of G7 monetary policies on their economies.

The Inadequacy of Existing BRICS Currencies

None of the individual BRICS currencies—the Chinese yuan, Russian ruble, Indian rupee, Brazilian real, or South African rand—have the global acceptance or liquidity of the US dollar or euro. Each of these currencies has its own set of challenges, including limited international use, lower levels of liquidity, and susceptibility to domestic economic issues.

Relying solely on a basket of these currencies would not solve the problem, as these currencies lack the widespread use and trust needed for efficient international trade.

Additionally, the volatility and varying economic policies of the BRICS nations can lead to instability in the value of these currencies, making them less reliable for international transactions.

The Need for a Globally Acceptable Currency

For BRICS to enhance trade efficiency and efficacy, a new, globally acceptable currency is essential.

This common trade currency (CTC) would be used by all BRICS members for trade among themselves and potentially accepted by many non-BRICS countries, promoting smoother and more reliable cross-border transactions. The CTC would serve as a stable and reliable medium of exchange, reducing transaction costs and exchange rate risks associated with using multiple currencies.

This stability would encourage more countries to engage in trade with BRICS nations, fostering economic growth and cooperation.

Establishing a New Central Bank and Clearing House

To manage the new currency, BRICS would need to establish a central bank facility dedicated to the CTC. This institution would oversee the issuance and regulation of the currency, ensuring its stability and trustworthiness.

The central bank would implement monetary policies to maintain the value of the CTC and manage its reserves of gold and BRICS currencies.

Additionally, a central clearing house similar to the Bank for International Settlements (BIS) would be necessary to facilitate efficient and secure transactions. This clearing house would act as a financial intermediary, ensuring that cross-border transactions are settled smoothly and reducing the risk of fraud and financial mismanagement.

The Structure of the Common Trade Currency

To ensure high fungibility and acceptance, the proposed CTC would be backed by 40% gold and a basket of major BRICS member currencies. This backing would lend stability and credibility to the CTC, making it an attractive option for international trade partners.

Gold, a universally recognized store of value, would enhance the currency’s stability, while the inclusion of BRICS currencies would reflect the economic strengths of the member nations.

The 40% gold backing would provide a solid foundation for the CTC, reducing the risk of inflation and currency devaluation.

The remaining 60% would be backed by a diversified basket of BRICS currencies, ensuring that the CTC reflects the collective economic power of the member nations.

Attracting Non-Member Nations

The gold-backed CTC would appeal to many countries outside the BRICS bloc, except for G7 nations like the US, EU, England, and Canada, which may resist such a shift.

The stability and value offered by gold backing would make the CTC an attractive medium for trade, enhancing its acceptance and use worldwide.

Non-member nations, particularly those in developing regions, would find the CTC to be a reliable alternative to the volatile G7 currencies, fostering economic ties with BRICS nations and reducing their reliance on Western financial systems.

Integration into Forex Markets

The CTC would soon find its way into the Forex market, further solidifying its acceptance and convertibility.

As a stable and reliable currency, it would offer an alternative to the volatile and inflation-prone fiat currencies of the G7 nations.

The integration of the CTC into Forex markets would provide traders and investors with a new instrument for hedging and investment, increasing its liquidity and global acceptance.

Over time, the CTC would become a significant player in the global currency market, challenging the dominance of the US dollar and euro.

Benefits of Gold Backing

Backing the CTC with gold would provide significant advantages.

Gold is a stable store of value, which would reduce inflation and offer superior stability compared to major G7 fiat currencies. The gold backing would make the CTC a reliable hedge against economic uncertainty, attracting international confidence and FDI (Foreign Direct Investment).

Historically, gold has been seen as a safe haven asset during times of economic turmoil. By backing the CTC with gold, BRICS nations can ensure that their currency remains stable and retains its value even during global financial crises.

Stronger BRICS Member Currencies Drives the RV/GCR

A crucial benefit of the Common Trade Currency (CTC) is the significant revaluation (RV) and global currency reset (GCR) it would trigger for BRICS member currencies.

By linking their currencies to a gold-backed CTC, BRICS nations would experience a substantial appreciation (RV) in their exchange rates against G7 fiat currencies.

This revaluation would be driven by the intrinsic value and stability provided by the gold backing, enhancing the global standing of BRICS currencies.

The RV and GCR process would logically unfold as follows:

1. Gold-Backed Stability: The gold component would provide a stable foundation, reducing inflation and increasing confidence in BRICS currencies. Investors and global markets would recognize the inherent value of a currency backed by a tangible asset like gold.

2. Increased Demand: As the CTC gains acceptance in international trade, demand for BRICS currencies would rise. This increased demand would naturally lead to an appreciation of their values.

3. Market Adjustments: Forex markets would adjust to the new reality of a stable, gold-backed currency. Traders and investors would shift their portfolios to include more BRICS currencies, further driving up their values.

4. Global Acceptance: The widespread acceptance of the CTC would reduce the dominance of the US dollar and euro. As more countries and businesses start using the CTC, the reliance on G7 currencies would diminish, causing a shift in global currency dynamics.

5. Economic Benefits: The strengthened exchange rates would lead to lower import costs for BRICS nations. This reduction in costs would increase the purchasing power of BRICS citizens and businesses, fostering economic growth and development.

6. Long-Term Stability: The consistent value provided by the gold backing would ensure long-term stability for BRICS currencies. This stability would attract further investment and trade, reinforcing the positive cycle of currency revaluation and economic growth.

Overall, the introduction of a gold-backed CTC would not only stabilize and strengthen BRICS currencies but also initiate a broader RV and GCR across the global financial system against all purely fiat currencies.

ALSO READ: BRICS Now Dominates Global Oil, Gold and Energy Supplies

This strategic move would reduce dependence on G7 fiat currencies, enhance the economic sovereignty of BRICS nations, and contribute to a more balanced and multipolar global economy.

The Bottom Line

Introducing a common trade currency backed by 40% gold and a basket of BRICS member currencies is a strategic move that could transform international trade for BRICS nations. It would provide economic stability, reduce reliance on G7 currencies, and enhance the global standing of BRICS economies.

The creation of this new currency, supported by robust financial institutions, would mark a significant step towards a more balanced and multipolar global financial system.

The resulting RV of BRICS currencies would have far-reaching implications, including the rapid adoption of gold-backed currencies and the hyperinflation of any remaining fiat currencies – a planet wide GCR.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
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https://ai3d.blog/how-brics-will-drive-a-global-rv-gcr-explained-in-simple-steps/

News, Rumors and Opinions Wednesday AM 6-12-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 12 June 2024

Compiled Wed. 12 June 2024 12:01 am EST by Judy Byington,

Global Currency Reset: Rumors/Opinions

Tues. 11 June 2024 Wolverine: “It’s official. Brazil has already started. On Wed. 12 June Reno should be releasing the funds. On Thurs. 13 June the Pentecostal Group will shut down.”

Mon. 10 June 2024 MarkZ: “Many of my Bond people are expecting payment Tues or Wed. 11,12 June. Most sources say we will go within three days of when the Bonds go.”

Sun. 9 June 2024 Anon: “We learned from our call this afternoon that the PM of Iraq has announced that Iraq has revalued their currency and the rate is over $4.00. We expect to be at the bank by Mon. or Tues. – which may be too early because we have to wait 10 days after they announced the HCL (on June 3) according to today’s info. (which would take it to Thurs. 13 June).”

Tues. 11 June 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

Two sources expect notification tomorrow Wed. 12 June 2024

A connection to the Bond Holders says they should receive their emails tomorrow Wed. 12 June 2024.

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Wolverine on Mon. 10 June 2024:

According to the intel I am receiving it looks like we are really definitely close.

I have spoken to the director of Mauricio’s platform. They are ecstatic and will have a special announcement soon. His platform is purely humanitarian, Nesara/Gesara.

Last night the intel that came in said:  Yesterday I confirmed Paymaster number one to our USA holders. Mon. 10 June he delivers the release codes and keys. 

We are very close guys, and what we are hearing that is might be happening actually midweek, probably Wed. or Thurs. 12, 13 June. 

Mauricio group has a meeting with someone very important, and they said it is actually going to happen this week. They are not going to mention a date, but it is that close now.

The Pentecostal Group sent a confirmed announcement saying that all platforms will be closed – they will not be selling anymore of the Yellow Dragons. They will close up operations and they are getting ready now.

But we have received notifications for private groups, and these people are more than likely customers of these banks. There was a lot of Intel coming through for notifications.

I heard some people got paid. I cannot confirm that. I received an audio from Brazil that one contact got paid, got it in Spanish.  I would need someone to translate it other than me.  For if I translate it, people would say I was inventing stuff, so it is better than someone from the audience that speaks Spanish translates it. It is about a minute audio saying that they got paid 1% and they expect the rest during this month to get paid.   

Read full post here:  https://dinarchronicles.com/2024/06/12/restored-republic-via-a-gcr-update-as-of-june-12-2024/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   Article: "Al-Sudani: Iraq's interest in developing gas projects will provide job opportunities and give the economy added value" 
I HAVE ALWAYS SAID THE MOMENT YOU SEE THE HCL, SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE!

Walkingstick   [Iraqi Bank friend Aki update] In the coming days means at any moment now...the articles are going to be showing pictures of the lower notes.  It's also going to give descriptions in the articles of the lower notes...

Militia Man  When you drop three zeros it creates value.  It's that simple.  And when you add a real effective exchange rate to that value that's created from dropping the three zeros, that's when the fireworks begin.

Iraq Seeks $2.5 Billion Missile System NEW EXCHANGE RATES

Edu Matrix:  6-12-2024

Iraq Seeks $2.5 billion Missile System from South Korea - Right now, Iraq has NO air missile system to protect itself or its citizens. Exchange Rates for IQD VND HTG ZiG

https://www.youtube.com/watch?v=OFkGd0wA6JY

BRICS Officially END The Petrodollar: What next?

Fastepo:  6-11-2024

- On June 9th, 2024, Saudi Arabia announced it would not renew the Petro Dollar agreement. This decision reflects a broader trend of de-dollarization, where countries are increasingly seeking to reduce their dependence on the US Dollar for international trade.

This shift is part of Saudi Arabia's strategic move to diversify its economic partnerships and align more closely with emerging economic powers like China and the BRICS nations. In this video, we discuss this breaking news and how it could impact the US economy and dollar valuation.

https://www.youtube.com/watch?v=EKT8Gw29uFM

More News, Rumors and Opinions Tuesday PM 6-11-2024

MikeCristo8: Why the Fiat Dollar Could Suddenly Begin Collapsing

June 10, 2024

MikeCristo8:   If you want to understand why the fiat Dollar could begin to suddenly collapse starting tomorrow is… 

Turkey (and the rest of the world, poor countries) will be offered a better exchange rate to replace their dollar reserves with China’s RMB digital gold token in the oil trade.

Luke Gromen recently posted a tweet that Gold would replace the U.S. Treasury bond in oil trade settlement. 

It’s strictly business for the reason why the dollar may suddenly collapse.

BRICS News   @BRICSinfo

JUST IN: Turkey’s foreign minister to travel to Russia on Monday for a meeting with BRICS representatives.

https://dinarchronicles.com/2024/06/10/mikecristo8-why-the-fiat-dollar-could-suddenly-begin-collapsing/

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  ...the IMF is not going “lop” the Iraqi dinar.  A “lop” is a tool the IMF uses to restart a currency from massive inflation. ...We also have articles for Iraq telling us they WILL NOT lop the dinar. They do not have massive inflation and so this tool of a lop is not necessary. That is why they call it the “project to delete the zeros” and not a ”lop”.

Clare  IN 2023 THERE WAS AN APPEAL ON THE ACTUAL BUDGET... BUT WAS RULED OUT THROUGH THE COURTS. THE TRIPARTE BUDGET WAS LEGALLY PASSED, SENT TO THE PRES. WHO SIGNED IT AND WAS PUBLISHED IN THE GAZETTE.  Today's Article Quote:   "I do not think there will be an appeal, and even if there is an appeal, the budget will be spent, because it was voted on and its issue was decided legally."  THERE IS NO APPEAL ON THE BUDGET SCHEDULES THAT WERE JUST PASSED BY PARLIAMENT AND IT WAS NOT NECESSARY TO BE SIGNED BY PRES. BECAUSE THE BUDGET WAS ALREADY PASSED...THE MOJ HAS IT NOW AND WILL PUBLISH WHEN READY.

************

TNT:

CandyKisses:  After OPEC’s decision to reduce cuts… Iraq increases its production by 40 thousand barrels per day

Economy News _ Baghdad

Iraq increased its production by 40,000 barrels per day during the month of May, after OPEC’s decision to reduce cuts, according to a survey conducted by S&P Global Commodity Insights on June 10.

The nine OPEC members subject to quotas boosted crude oil production by 100,000 bpd in May, led by Nigeria and Iraq, pushing the group 320,000 bpd above their collective targets, while the bloc's allies led by Russia cut production.

Iraq increased its production by 40,000 barrels per day to reach 4.28 million barrels per day, which is 280,000 barrels per day more than its current target, despite its agreement in May to compensate for the surplus production. The Platts survey estimates current oil production in the Kurdistan Region of Iraq at 210,000 barrels per day.

Iraq's production reached 4.28 million barrels per day, up from the previous month, which reached 4.24 million barrels per day.

LIVE! The Fed's NEXT MOVE Is Going To Be EPIC! "Inflate BY ANY MEANS POSSIBLE."

Greg Mannarino:  6-10-2024

https://www.youtube.com/watch?v=-5i7zGgUhDg

IMPORTANT: US Banking Crisis Will Start Soon As 50%+ Commercial Property Fire Sale Begins

Lena Petrova:  6-11-2024

https://www.youtube.com/watch?v=gGdHM1bSIb0

Five Predictions For The Coming Decade Of Decline

Five Predictions For The Coming Decade Of Decline

Notes From the Field By James Hickman (Simon Black)  June 11, 2024

There is a well-known modern proverb (often attributed to the novelist G. Michael Hopf) that goes, "Weak men create hard times, hard times create strong men, strong men create good times, good times create weak men."

The saying sums up the cyclical nature of the rise and fall of societies– and it’s a topic in which I have tremendous personal interest.

Having recently reached middle age, I can comfortably say with the benefit of hindsight that I was born and grew up during the American prime time– the time at which the wealthiest and most powerful country in the history of the world was at its peak.

The US is still an incredible country with so much prosperity and opportunity. But it would be completely naive and ignorant to claim that America is not in substantial decline.

Its standing in the world has waned, much of it just over the past few years. It’s hard for adversary nations to take you seriously when your President shakes hands with thin air and embassy employees in Kabul have to be evacuated by helicopter.

Financial challenges keep piling up– from the insolvency of Social Security to the $35 trillion national debt to the inflation problem that just won’t go away.

And social divisions, many of which have been bizarrely self-inflicted, seem to grow more tense by the day.

Fortunately, America’s decline began from a historically high peak. So even in its diminished state, again, it is still wealthy and powerful.

But the real concern isn’t where the country is today. It’s the trend, i.e. where the country will end up in ten years’ time if it stays on current course.

I’ve spent the past fifteen years studying similar cases throughout history– the US is far from alone as the only nation that has ever peaked and declined.

And one of the best works on the subject I’ve ever read is The Collapse of Complex Societies, by anthropologist Joseph Tainter.

“Collapse” is a strong word and conjures images of anarchy and death. But Tainter’s definition is more precise; “collapse” doesn’t mean that a society or nation ceases to exist, but that it experiences a steep decline in political, social, and economic stability.

This is what (I believe it’s clear) the US is going through right now, and the trend is accelerating.

Tainter’s book examines the common factors of how different societies throughout history declined– from ancient Mesopotamia to Western Rome. And his analysis shows that one of the key culprits in collapse is the inability of a government to recognize problems… or to solve them.

Many ancient Roman emperors were legendary for failing to recognize the horrible problems brought on by their policies and incompetence– inflation, invasion, etc.

This pretty much describes the US federal government in a nutshell.

Politicians can barely talk about problems in a civil and rational manner. And quite often they refuse to even acknowledge them.

We’ve seen this over and over again with issues such as inflation, the southern border, crime, and social security.

For example, the Social Security trustees publish a report each year stating plainly that the program is going to run out of money by 2033. But no one in Washington wants to talk about it. Joe Biden has even pledged to veto ANY efforts to reform the program.

Biden’s top officials also repeat the bold-faced lie that “the border is secure”, while actively encouraging illegal immigration. The federal government even sued Texas to stop the state from securing the border on its own.

The people in charge demonize and defund police, decriminalize theft, and elect progressive prosecutors who let violent criminals go free.

It’s the same dysfunction with federal spending. These people can’t even acknowledge that a $35 trillion national debt is catastrophic. Most politicians happily ignore it, and others come up with more outrageous spending to further the debt spiral.

They cannot acknowledge the problem, let alone discuss it rationally. Merely passing a budget now routinely devolves into a crisis.

Our view of where this trend leads is clear:

1. Inflation is coming.

There is little hope of responsible spending. The government’s own projections forecast an extra $20 trillion in new debt over the coming decade, and frankly that’s optimistic.

History shows that explosions in national debt are financed by the Federal Reserve creating new money– which ultimately causes inflation.

When the Fed created $5 trillion of new money during the pandemic, we got 9% inflation. How much inflation will $20+ trillion cause?

And the worse inflation becomes, the more urgency the rest of the world will have to replace the dollar as the global reserve currency… which will result in even MORE inflation in the US.

It’s a vicious cycle in which inflation will create more inflation. We project this is 5-7 years away.

2. Social Security is not going to be there for you.

Social Security is not a political problem; it’s an arithmetic problem. And the math just doesn’t add up.

Every year the US Secretary of Treasury signs the report saying plainly that, by 2033, Social Security’s trust funds will run out of money. Benefits will have to be permanently cut by 25% and then become worse over time.

3. Higher taxes are virtually guaranteed.

Politicians love claiming that people should pay their “fair share” but can never quite define how much that means.

And they have already moved the goalposts on who exactly owes society more— the “billionaires” became the top 1%, then quickly shot up to the top 5%, then 10% and soon it will be the top 25%.

Higher taxes won’t just be federal. State and local taxes— from sales tax to property tax— are very likely to cost more, while your governments provide much less.

4. Continued social chaos.

Every time it feels like the lack of civility and unity across Western Civilization can’t get any worse, something new erupts.

The latest is university students screaming “from the river to the sea” and “Just Stop Oil” while defacing artwork and public monuments. Rising tides of socialism and racial animosity never seem to ebb, and idiotic wokeness just won’t go away.

These social divisions will likely continue to grow.

5. Maybe most importantly, major geopolitical disruptions.

As the financial and social decline of the US becomes increasingly obvious to the rest of the world, adversaries are becoming more emboldened.

Nations like China, Russia, North Korea, and Iran are likely to grow more assertive, and there will be significant calls to replace the dollar as the global reserve currency.

Soft war incidents like spy balloons, manufactured pandemics, cyberattacks, etc. will persist— and if we’re very lucky, there won’t be a shooting war. I give it 50/50.

It’s exasperating. Anybody over the age of about 35 remembers a time when it wasn’t like this.

Yet now chaos is the norm. I’m not saying this to be dramatic– it’s important to be intellectually honest.

Part of being intellectually honest means acknowledging that, again, the US is still a great country with an incredibly powerful economy, boasting some of the most valuable businesses in the world.

And Americans still enjoy an extremely high standard of living— albeit one that has been disrupted in recent years by the combination of inflation, crime, and social chaos.

The most exasperating part is that these problems are fixable.

The US government could spend responsibly, encourage capitalism and innovation to grow the economy, and its debt problems would melt away. The dollar would remain valuable. US leadership might even earn back global trust.

But with the current people in charge, I wouldn’t hold my breath. And I also wouldn’t put all my hopes and dreams on the voters smartening up anytime soon.

Yet there are still plenty of solutions that independent-minded individuals can execute without relying on the government.

For example:

Problem: Future inflation will pose a major problem to one’s savings.

Solution: Invest in assets which do well during, or even benefit from, inflation— real assets such as energy, mining, and productive technology. Right now many of these are selling for record low prices, yet poised for substantial growth.

Problem: An overrun border and rising crime rates threaten cities and living standards.

Solution: Obtain a second residency in a foreign country where you really enjoy spending time, or even obtain a second passport. This way you and your family will always have a place to go if the need ever arises.

Problem: Social Security’s trust funds will run out of money within a decade.

Solution: Maximize contributions to retirement accounts— including a special type of 401k which could allow you to double contributions and direct where funds are invested. This lowers your taxable income, puts more money away for retirement, and allows the investments to grow tax-free.

There are solutions for people who, unlike the government, are willing to recognize the problems and actually do something about it.

https://www.schiffsovereign.com/trends/five-predictions-for-the-coming-decade-of-decline-151037/

If you’re feeling a bit overwhelmed and unsure how to get started, I want to take a moment and introduce you to our newest product called Schiff Sovereign Premium.

To Read More:   Click here to find out more.

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

Goldilocks' Comments and Global Economic News Tuesday Evening 6-11-24

Goldilocks' Comments and Global Economic News Tuesday Evening 6-11-24

Good Evening Dinar Recaps,

"Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach."

This project has reached its minimum requirements that will allow it to work with early adopters on this Digital Ledger Technology enabling instant payments through cross-border International (CBDC) trades. This system will allow foreign currency exchanges through local currencies.

There are now over 26 observing members and Saudi Arabia has just recently joined as a full participant. This DLT will allow payments to be settled in local currencies of those who are early adopters of this new digital payment system.

"Project mBridge is the result of extensive collaboration “starting in 2021 between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People’s Bank of China, and the Hong Kong Monetary Authority.”

In 2022, real value transactions took place on a pilot program and were successful. This project has been coordinated with the Bank of International Settlements, and it is expected to be available by mid-2024.

Since mbridge has reached its minimum viable product stage, it is now able to invite the International community to begin interfacing onto this section of the QFS.

© Goldilocks
Crowdfund Insider

As of June 2024, the observing members to Project mBridge include: Asian Infrastructure Investment Bank, Bangko Sentral ng Pilipinas; Bank Indonesia; Bank of France; Bank of Israel; Bank of Italy; Bank of Korea; Bank of Namibia; Central Bank of Bahrain; Central Bank of Chile; Central Bank of Egypt; Central Bank of Jordan; Central Bank of Malaysia; Central Bank of Nepal; Central Bank of Norway; Central Bank of the Republic of Türkiye; European Central Bank; International Monetary Fund; Magyar Nemzeti Bank; National Bank of Cambodia; National Bank of Georgia; National Bank of Kazakhstan; New York Innovation Centre, Federal Reserve Bank of New York; Reserve Bank of Australia; South African Reserve Bank; and World Bank.   BIS   Ledger Insights   Product Plan

~~~~~~~~~

According to this report, supply and demand issues in trade are currently in an imbalanced state. The demand for goods and services has steadily grown since the Covid-19 pandemic, and first quarter numbers show a significant growth for the United States and for China. Yet, we are not out of the woods, and supply and demand need to be brought into equilibrium.

High demand is good for traders, and it looks good on the Markets. It is the supply side that is lacking at the present moment due to inflated prices on goods and services. In order to balance the economy and make it grow steadily and forward, there needs to be more attention on moving the products across the country. This will increase money flow and demands on our Stablecoins that in turn gives more purchasing power to our currencies.

Here is where monetary policies come into play. As we move into a tokenized asset and gold token regimen for payment, this will stimulate the process of deflating the economy. A shift in interest rate reduction or remaining steady will give our suppliers liquidity capable of catching up to the demands of companies across the United States and China. 

We are at a wait-and-see approach on the FOMC meeting. The changes made at this meeting and the next one are critical to the transition of our economy and it's moving back into profitable status. Supply Chain Brain Investopedia

WATCH THE WATER.

© Goldilocks

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When will the next fed rate cut be? Look ahead to future FOMC meetings | Investopedia
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Mastercard Launches Open Banking Solutions in Partnership With Atomic to ‘Enhance User Experiences’ |  The Fintech Times

Payments giant Mastercard has integrated Deposit Switch and Bill Pay Switch into its open banking platform, in a move that enables consumers to automatically switch their direct deposits and update their recurring bill payments, when opening a digital account or when updating information on an existing account.

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XRP COULD BECOME THE WORLD'S RESERVE CURRENCY - RIPPLE XRP NEWS | Youtube

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Iraq Seeks $2.5 Billion Missile System from South Korea #iqd #vnd #htg #ZiG Rates | Youtube

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Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements | Coin Trust

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Italian Banking Association trials two styles of wholesale CBDC - Ledger Insights - blockchain for enterprise

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Fidelity Intl tokenizes fund on JPM Tokenized Collateral Network - Ledger Insights - blockchain for enterprise

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Solar-Powered Planes Are Ready to Take Off (And Fly for Months at a Time) - WSJ

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BREAKING NEWS:

Apple unveils "tap to pay" between iPhones! 📲

Apple is interconnected with Ripple's Interledger Protocol! 🤝🏼

All the roads lead to one destination and the destination is called #XRP 💎  Crypto Barbie on Twitter

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Will Texas Exit the United States and Join BRICS? Awake-In-3D

Will Texas Exit the United States and Join BRICS?

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

Could Texas and BRICS Create A Gold-Backed Financial Future Beyond the Fiat Currency System?

If Texas were to secede, an intriguing possibility is that it might only accept gold-backed dollars for cross-border trade, rejecting fiat currency – including the US Dollar – entirely.

This stance could align Texas with the BRICS Alliance, which is currently developing a new gold-backed common trade currency and sovereign financial system.

Also Read: Texas Takes the Lead: A Gold-Backed Future for Sovereign Digital Currency

Joining the BRICS Alliance could bolster Texas’ economic independence and offer a robust alternative to traditional financial systems dominated by fiat currencies.

This potential alignment with BRICS nations would significantly impact global geopolitics and economics, positioning Texas as a key player in a shifting international monetary landscape.

In This Article

• Texas GOP’s call for a secession vote and state sovereignty

• Historical context of Texas’ independence movement

• Key arguments and criticisms of the TEXIT movement

• Economic and political implications of potential secession

The Texas Republican Party’s recent convention has reignited discussions about the state’s potential secession from the United States.

With the adoption of platform planks advocating for a secession referendum and stronger resistance to federal overreach, the question of Texas’ independence is gaining renewed attention.

Texas GOP Advocates for State Sovereignty

At the 2024 Republican Party of Texas Convention in San Antonio, the party adopted two significant platform planks.

The first asserts that the federal government has overstepped its bounds, infringing on powers reserved to the states. It calls for the Texas government to oppose, refuse, and nullify unwarranted federal laws, affirming Texas’ right to secede. The second plank directs the Texas Legislature to schedule a secession referendum for the next general election.

“This historic vote at the 2024 Republican Party of Texas Convention represents a substantial shift towards enhancing state sovereignty and exploring the potential for Texas to operate as an independent nation,” stated the Texas Nationalist Movement (TNM).

Historical Context of Texas’ Independence Movement

The location of the convention, San Antonio, holds historical significance as the site of the Alamo, a key chapter in Texas’ fight for independence from Mexico.

The 1836 Battle of the Alamo, though a setback, played a crucial role in Texas becoming a self-governing republic. From 1836 to 1845, Texas was an independent nation before joining the United States.

The first plank of the new platform cites Article 1, Section 1, of the Texas Constitution, claiming federal government actions have impaired Texas’ right to local self-government. It calls for a referendum on secession and the passing of the Texas Sovereignty Act.

Arguments and Criticisms of the TEXIT Movement

Supporters of the TEXIT movement argue that secession would protect Texas’ rights against federal overreach.

They believe that greater autonomy would allow Texas to better manage its resources and address its residents’ needs without federal interference. The Texas Nationalist Movement’s Nate Smith defended the platform at the convention, countering claims of treason and emphasizing the right to self-determination.

Critics, however, argue that secession is unconstitutional and impractical.

They point to the Pledge of Allegiance’s reference to “one nation…indivisible” as evidence against the legitimacy of secession.

Brian McGlinchey, in making a case against the pledge, argues that the concept of indivisibility contradicts the foundational human right to political divisibility, as demonstrated by the United States’ own secession from the British Empire.

Economic and Political Implications

Texas’ potential secession poses significant economic and political implications.

As the largest oil producer in the United States, Texas accounts for 42% of American production, with extensive agriculture, deep-water ports, and a burgeoning high-tech industry. These resources position Texas well for economic independence.

Also Read: Calls for Gold-backed Dollar on the Rise Across USA

The recent decision by BlackRock, Citadel Securities, and other investors to back the Texas Stock Exchange further underscores the state’s economic potential. Rising dissatisfaction with federal regulations and compliance costs has fueled this move, highlighting Texas’ attractiveness as an independent economic entity.

The Bottom Line

The Texas GOP’s call for a secession vote and increased state sovereignty marks a significant shift in the state’s political landscape.

While the TEXIT movement faces substantial legal and practical challenges, its growing support reflects a deepening desire for autonomy and local governance.

As Texans continue to explore the growing desire for sovereign independence, the question of whether it will actually secede from the United States remains open, with significant implications that could reshape the state’s future and its relationship within the global financial and geopolitical landscape.

Supporting article: https://www.zerohedge.com/political/new-texas-gop-platform-calls-secession-vote-resistance-federal-infringements  

Full text of Texas HB 384 Texas Sovereignty Act: https://capitol.texas.gov/tlodocs/88R/billtext/pdf/HB00384I.pdf

© 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/will-texas-exit-the-united-states-the-answer-may-surprise-you/

Some “BRICS News” Tuesday 6-11-2024

42 Countries Joining BRICS: What Next

Fastepo:  6-10-2024

Delegates from 22 countries are gathering for the BRICS foreign ministers meeting in Nizhny Novgorod, Russia, taking place on June 10 and 11, 2024.

This significant event and one of the largest ones in BRICS history is set to discuss various topics related to global economic governance, multilateralism, and the ongoing development of BRICS cooperation.

This represents another step towards the further expansion of the BRICS bloc in the near future.

https://www.youtube.com/watch?v=CkCrb1T227M

BRICS Beyond Borders: Dedollarization, Common Currency, and Global Expansion

Think BRICS:  6-11-2024

Discover the latest BRICS news and developments in financial matters, expansion, and cooperation. In this insightful video, Clive Ettia from Think BRICS and Rhod Mackenzie from @SCOBRICSInsight discuss pivotal topics such as dedollarization, BRICS common currency, and digital currency initiatives. In the opening segment, we dive into Russia's push for dedollarization in Latin America trade.

Understand the geopolitical implications and the benefits and challenges this brings to Latin American countries. We then explore the broader BRICS strategy for economic sovereignty and mitigating dollar dependency.

Next, we cover the ambitious move towards a BRICS common currency. Learn about the feasibility, timeline, and potential economic and political implications of this initiative. We compare it with digital currency projects involving Saudi Arabia, China, and the UAE, highlighting how these efforts align with BRICS' financial sovereignty goals and global trade strategies.

We also touch upon regional security issues, focusing on the tensions in the Horn of Africa over a naval base in Somaliland. This discussion outlines the strategic importance of the region, BRICS interests in Africa, and potential diplomatic solutions. Lastly, the video reviews the recent BRICS Foreign Ministers' meeting in Nizhny Novgorod, discussing strategic alignments and the growing influence of BRICS.

With around 30 countries showing interest in joining or cooperating with BRICS, we analyze the strategic advantages and the future growth potential of this powerful alliance.

While this video provides an in-depth analysis of BRICS financial matters, expansion, cooperation, and the specific geopolitical and economic implications of de-dollarization and a common currency, it does not cover the technical details of implementing a BRICS digital currency or the exact strategies behind each country's involvement in these initiatives.

The discussion on regional security and naval base conflicts in the Horn of Africa is thorough, but it does not delve into the specific military strategies or detailed political negotiations taking place behind the scenes.

https://www.youtube.com/watch?v=fWW_Sd-X6b4

“Tidbits From TNT” Tuesday 6-11-2024

TNT:

Tishwash:  Al-Sudani will visit Jordan tomorrow, Tuesday

A government source revealed today, Monday (June 10, 2024), that Prime Minister Muhammad Shiaa Al-Sudani will visit Jordan tomorrow, Tuesday.

The source told "Baghdad Today" that the Sudanese "will pay a visit to Jordan tomorrow, Tuesday, at the head of a high-ranking government delegation."

He pointed out that "the visit will discuss a number of security and economic files and developments in the region."  link

Tishwasj: Iraq expects to reach an agreement to resume oil exports through Türkiye within days

The Iraqi government expects to soon reach a final agreement with the Kurdistan region and international oil companies there, to resume oil exports, according to what Bloomberg reported.

The Iraqi Oil Minister, Hayyan Abdul-Ghani, said in a televised interview on the government “Al-Iraqiya” channel, “There is progress in these negotiations, and we hope that we will reach, within the next few days, a final understanding in this regard.”

He added that the Iraqi Ministry of Oil, the Ministry of Natural Resources in the Kurdistan Region, and international oil companies met on Sunday in Baghdad to discuss the resumption of production and exports, noting that the revenues will be deposited in an account in the Central Bank of Iraq.

Abdul Ghani expressed his hope that there will be multiple outlets for exporting Iraqi oil abroad, and he said: “We are looking for other sources to deliver Iraqi oil to global markets... We were exporting 400 thousand barrels of oil per day through Turkish Ceyhan before it stopped.” He added: “We are conducting negotiations with Turkey to resume oil exports through Ceyhan,” noting that “there is progress in the negotiations regarding the Iraqi-Turkish oil pipeline.”

Sunday's meeting in Baghdad, which was attended by Abdul Ghani and officials from the Ministry of Natural Resources in the Kurdistan Region, came after an invitation sent by the Ministry of Oil, last month, to the Kurdish authorities and international energy companies. To meet and discuss the resumption of northern oil exports.

A senior official at the Ministry of Oil, who requested anonymity due to the sensitivity of the talks, said on Sunday that the talks are expected to focus on the Kurdistan Regional Government’s energy production sharing contracts, which Baghdad wants to amend, and the oil production costs demanded by foreign oil companies. In exchange for oil extracted from the Kurdistan region.

Iraq says that foreign companies and the authorities of Iraqi Kurdistan are behind the delay in resuming crude oil exports. Because it has not yet submitted its contracts to the Federal Ministry of Oil for review.

Crude oil exports from Kurdistan stopped more than a year ago, after they were closed in March 2023. Due to the dispute over who allows exports from the Kurdistan region.

The impasse came on the heels of the International Chamber of Commerce's March 2023 ruling on a dispute between Turkey and Iraq over Kurdistan's oil. The ICC ruled in favor of Iraq, which said Turkey should not allow Kurdish oil exports through the Iraq-Turkey pipeline and the Turkish port of Ceyhan, without the approval of the Iraqi federal government.

Months of tense negotiations between Iraq and Turkey, and between Iraq and Kurdistan, followed, with an agreement remaining elusive. In January of this year, foreign companies operating in Kurdish oil fields called on the US Congress to take immediate action to help solve the problem of the cessation of crude oil exports from the autonomous Iraqi region. The group said, in a letter to Congress, that “oil export is the foundation of Iraq’s economy, and all Iraqis will benefit when full production and global sales from the Kurdistan region resume.”   link

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Tishwash: Al-Rafidain: Al-Khader branch joins the branches that operate with the comprehensive system

Al-Rafidain Bank announced the implementation of the comprehensive banking system in the Al-Khader branch in Al-Muthanna.

The bank stated in a statement: “With the addition of the Al-Khader branch, the number of branches in force and operating the system has become (29), in an important step to strengthen the banking system, achieve its requirements, abandon paper work, and move completely to electronic systems.”

The bank confirmed: “The digital transformation plan and adoption of the comprehensive banking system is proceeding according to the set timings to include all the bank’s branches in implementing the system, especially since one of the priorities and adoptions of the government program is electronic transformation in financial transactions, reducing episodes of red tape for citizens, reducing time, simplifying procedures, removing obstacles, and intensifying efforts to raise the level of Services provided to customers and completion of their transactions.”   link

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CandyKissses: Corporate governance in Iraqi banks. Enhancing transparency and efficiency

{Economical: Al-Furat News} Corporate governance is one of the most important factors that contribute to enhancing the performance and safety of the banking sector. By applying the principles of sound governance, banks can improve their efficiency and risk management, and enhance investor and customer confidence.

In Iraq, banks have come a long way in applying corporate governance principles, with the support of the Central Bank of Iraq and the Iraqi Deposit Insurance Company. These efforts have contributed to improving the performance of the banking sector and increasing its transparency, which reflected positively on the Iraqi economy in general.

Singapore’s experience in corporate governance in the banking sector is an example.
The Monetary Authority of Singapore (MAS) has applied a set of strict governance standards, including disclosure and transparency requirements, defining the responsibilities of the board of directors and executive management, and periodically evaluating the performance of banks.

These efforts have contributed to making Singapore a global financial centre with an excellent reputation for transparency and integrity.

In Iraq, the Iraqi Deposit Insurance Company can play a greater role in strengthening corporate governance in banks, by encouraging banks to adopt international best practices in this field, and providing training and guidance to board members and executive management.

The Iraqi Deposit Insurance Company is arguably an inspiring success story under difficult circumstances. Through its vital role in protecting depositors' funds and promoting confidence in the banking system, so that the company contributes to building a strong and stable national economy.

As its efforts in development and innovation continue, the Iraqi Deposit Insurance Company promises to be a key pillar in achieving sustainable economic development in Iraq.

Mot: .... Already it's Been ~~~~~

 Mot:  . ooooooooooooooh Deeeeer - Da Dog Daze ~~~~~

News, Rumors and Opinions Tuesday AM 6-11-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerepts from the Restored Republic via a GCR: Update as of Tues. 11 June 2024

Compiled Tues. 11 June 2024 12:01 am EST by Judy Byington

Judy Note: Imminent Scare Events including a Global Financial Collapse were on the horizon. Be Prepared. It’s only wise to have at least a month’s supply of food, water, cash and essential Items on hand to help yourself and others in case of an emergency.

Stock Market Crash and Financial Meltdown. A stock market crash of unprecedented proportions will devastate economies, eroding wealth and stability.

There are plans of a new national Stock Exchange based in Dallas. Meanwhile there was also talk of Texas ceding from the Union to go as a Sovereign State.

Global Currency Reset:

Mon. 10 June 2024 Wolverine: “Hi guys I received an official announcement from the Pentecostal group that they will be shutting down all operations by Thurs. 10 June. We are definitely close my friends.”

Mon. 10 June 2024 MarkZ: “Many of my Bond people are expecting payment Tues or Wed. 11,12 June. Most sources say we will go within three days of when the Bonds go.”

Sun. 9 June 2024 Anon: “We learned from our call this afternoon that the PM of Iraq has announced that Iraq has revalued their currency and the rate is over $4.00. We expect to be at the bank by Mon. or Tues. – which may be too early because we have to wait 10 days after they announced the HCL (on June 3) according to today’s info. (which would take it to Thurs. 13 June).”

Mon. 10 June 2024 TNTina: “My daughter was blessed today when she logged into her account to pay her monthly payment on her college loan with FASFA and the remaining balance of $19,000 was zeroed out. My kids finally believe me now that NESARA/GESARA is real.”

Global Financial Crisis:

Feds Acknowledge Sanctions Led To De-Dollarization. BRICS: The Feds acknowledge that the White House pressing sanctions against developing countries led to de-dollarization.

Mon. 10 June 2024 There were 63 US Banks on the brink of insolvent collapse according to the FDIC.

US Congressman Thomas Massie says the world is going to stop using the US Dollar as the global reserve currency. https://t.me/USDebtClockAmerica

Utah Senator from Utah Mike Lee has introduced legislation to ‘End the Fed.’

Former Federal Reserve chairman, Alan Greenspan: “The U.S. can pay any debt it has because we can always print money to do that.” This is why your living costs continue to skyrocket every year. Endless money creation by central banks dilutes the value of the money already in circulation, forcing prices to rise.

Putin urges major expansion of Russian financial markets, cutting use of Western currencies, Economic Times https://m.economictimes.com/news/international/world-news/putin-urges-major-expansion-of-russian-financial-markets-cutting-use-of-western-currencies/articleshow/110800329.cms

Mon. 10 June 2024 Saudi Arabia partners with BRICS & attends meetings hosted in Russia.

Read full post here:   https://dinarchronicles.com/2024/06/11/restored-republic-via-a-gcr-update-as-of-june-11-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Sudani's making another speech...He said something very interesting.  My cousin caught it...Something very interesting before, he said the dinar will be stronger than the dollar.  FRANK:  That's right.  Remember? How many times have they been saying that over and over.  FIREFLY:  However, in today's talk he said to us Iraqi citizens the dinar is stronger than the dollar...

Militia Man  Article: "Iraq bids farewell to the list of high-risk countries"  We already heard talk about them going from a black list to a gray list.  Quote: "Iraq's exit from the list of high risk countries that was officially announced by the international task force last week...This step will will also make Iraq a destination and a source of interest for major International Development and investment companies."   Iraq is on the runway and ready to go, take off.

Real vs Fake | How to Spot The Fake Zimbabwe 100 Trillion Dollars Banknote

BankNote World :  6-8-2024

Fraudsters will attack any banknote or product where they think they can make money and get away with their crime. With the high collector value of the Zimbabwe 100 Trillion banknotes, counterfeiters have tried to produce and pass fake Zimbabwe 100 Trillion banknotes.

At BanknoteWorld not only do we ensure the authenticity of the banknotes we sell, we also scour the market to look for counterfeits so we can analyze them and provide guidance to collectors and law enforcement how to spot these fakes.

https://www.youtube.com/watch?v=pIzmxRpkO0A&t=4s

 MAJOR DEVELOPMENT: Saudi Arabia Joins CBDC mBridge to End US Dollar Dominance? (THE TRUE REASONS)

Lena Petrova:  6-10-2024

https://www.youtube.com/watch?v=_hp6XohQtAM

John Williams: Saudi Arabia Cancels 50 Year Deal with the US

John Williams: Saudi Arabia Cancels 50 Year Deal with the US

June 10, 2024

In a recent episode of his YouTube channel ‘ThisIsJohnWilliams’, economic analyst John Williams discussed a seismic shift in the global financial landscape: Saudi Arabia’s cancellation of a 50-year-old deal with the USA, and the implications this could have for the future of the US dollar.

For those unaware, Saudi Arabia and the USA have been partners in the oil industry for over half a century. This partnership has been instrumental in maintaining the petrodollar system, where oil prices are quoted in US dollars, thereby supporting the global demand for the greenback.

However, as Williams discussed, this long-standing relationship appears to be on the brink of collapse. Saudi Arabia has recently signaled its intention to abandon the petrodollar system, instead looking to conduct its oil transactions in other currencies, such as the Chinese yuan.

This announcement has sent shockwaves through the financial world. The demise of the petrodollar system could lead to a significant decline in the demand for the US dollar, potentially causing a collapse in its value.

Moreover, Williams also highlighted the ongoing shift towards digital currencies. With countries like China already testing their digital yuan, the future of finance seems to be heading in a digital direction. The US, in order to maintain its financial dominance, needs to keep up with this trend and develop its own digital currency.

However, the US dollar’s status as the world’s reserve currency is not just about its dominance in the physical and digital world; it’s also about trust. And if the US continues to print money at an alarming rate, as it has been doing to cope with the economic impact of the COVID-19 pandemic, this trust could erode, further jeopardizing the dollar’s status.

So, what does this all mean for the average American? If the US dollar’s value were to decline significantly, the purchasing power of our savings and wages would also decrease. This could lead to increased inflation, making everyday items more expensive.

While these are unsettling prospects, it’s important to remember that these are potential outcomes, not certainties. The financial world is complex and ever-changing, and many factors could influence these outcomes.

John Williams’ discussion serves as a valuable reminder, though. We need to stay informed about the global financial landscape and consider how these changes could impact our personal finances. It may be time to start thinking about diversifying our savings, considering alternative investment options, and preparing for a potential shift in the value of the US dollar.

In conclusion, Saudi Arabia’s cancellation of its long-standing deal with the USA and the ongoing shift towards digital currencies could significantly impact the future of the US dollar. While these changes bring uncertainty, they also present opportunities for those who are prepared and informed. Let’s stay vigilant, stay informed, and stay ahead of the curve.

https://youtu.be/RDTKKLWqIZI

https://dinarchronicles.com/2024/06/10/john-williams-saudi-arabia-cancels-50-year-deal-with-the-us/

Goldilocks' Comments and Global Economic News Monday Afternoon 6-10-24

Goldilocks' Comments and Global Economic News Monday Afternoon 6-10-24

Good Evening Dinar Recaps,

"Core Banking Systems Market Now Well-Established, Cloud Infrastucture to Drive Innovation – Report" | Crowdfund Insider

Cloud banking infrastructure allows financial institutions to deliver banking services and operations through the internet on-demand. 

On Demand Banking allows you to deposit to and withdraw funds immediately and whenever you want.

This electronic digital banking model provides access to computing resources like servers, data storage, and applications.

The top five vendors in 2024 for this new digital banking service include:

* Temenos
* FIS
* Mambu
* Finastra
* Tata Consultancy Services

As we have previously noted, the Iraqi digital banking services are now live on Temenos.

A core banking system is like a nervous system is to the body. It transmits electrical signals to the various components of a banking system allowing it to operate seamlessly.

A core banking system is a back-end system that processes daily banking transactions and posts updates to accounts and other financial records. Crowdfund Insider

© Goldilocks

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Foreign Exchange | Five Degrees

The Core Banking System is the foundation of our Global Financial Markets.

It enables seamless currency exchanges, and it is the part of the banking system that coordinates risk management tools and digital networks to move virtual assets through the new QFS system on a Global scale.

Cross-border international trading is made possible through this new digital banking system mechanism. It will allow foreign currency exchanges to move through the system.

The beauty of this new digital banking system that is the nuts and bolts of all transactions done in a bank lies in the fact that it is done.

© Goldilocks

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China's New Investment Play: Shifting Away from US Treasuries to Global Opportunities" | MSN

"China has diversified its holdings by selling $53.3 billion worth of US Treasuries and agency bonds. This adjustment aligns with BRICS nations gradually broadening their investment portfolios since 2022."

China is moving away from buying US Treasuries to Global opportunities that will expand the Chinese Yuan and the BRICS Nations coalition.

This is all part of leveling the playing field from a World Reserve Currency to payments transacted in local currencies.

This shift will increase the demand for their own currency and make available higher exchange rates with China and whoever they trade with going forward.

© Goldilocks

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As US Treasury bonds are being sold around the world, we have a growing interest in Stablecoin use case scenarios designed to minimize the risk factors of a falling monetary system as it embraces a new digital asset-based trading system.

© Goldilocks

👆 Soft landing potential for the dollar...

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What is Core Banking System | Youtube

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Dodd-Frank Final Rule Announcement |  Dodd-Frank Update

In a move to help accelerate a shift to open banking in the U.S., the Consumer Financial Protection Bureau finalized a rule outlining the qualifications an organization must demonstrate to be recognized as an industry standard-setting body to develop technical standards for protecting consumer data rights.

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Managing Risk With Trade Compliance In Global Supply Chains - Global Trade Magazine

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Leaving the US dollar behind, embracing digital currency | The Jerusalem Post 

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📰  So … all kinds of activity out there … in other news …  Link

🔘Italy  🇮🇹
🔘Austria  🇦🇹
🔘European Parliament 🏰
🔘France  🇫🇷
🔘Belgium  🇧🇪
🔘Spain  🇪🇸
🔘Israel  🇮🇱
🔘Germany  🇩🇪

Italy - exit polls show right-wing party is set to win most seats
Austria - Right-Wing surge; Freedom Party takes the lead in recent election, narrowly outpacing the Conservative People’s Party
European Parliament - Marine Le Pen’s party is on target to become the largest single party in the parliament
France - French President Emmanuel Macron announced that he’s dissolving the National Assembly & calls for snap elections on June 30 & July 7
Belgium - The PM, Alexander De Croo, announced his resignation after the defeat of his party in the European elections. “Tomorrow I will resign as Prime Minister,” announced De Croo.
Spain - Spain’s center-right People’s Party (PP) came out on top in today’s European election, gaining 22 seats out of the 61 allocated to the country, and dealing a blow to the Socialist-led govt of Pedro Sanchez
Israel - 4 resignations in less than an hour: Benny Gantz, Gadi Eisenkot, Avi Rosenfeld, Hili Tropper (all resigned). Israel is crumbling from within - Netanyahu wanted to avoid this by doing the massacre yesterday
Germany - far-right gain in election stunning defeat to Germany’s Scholz

Seems things are heating up & technically Summer hasn’t started yet
🔥 🔥🔥 🔥🔥 🔥🔥

EDIT: can’t forget Germany 🇩🇪

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iTrustCapital | The #1 Crypto IRA Retirement Platform | iTrustCapital

iTrustCapital is a software platform that allows users to buy and sell cryptocurrencies and precious metals through tax-advantaged retirement accounts. It's considered a leading digital asset IRA software platform and offers a selection of over 25 cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. iTrustCapital also offers gold and silver. 

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XRP Ledger Ready to Adopt Tokenized Gold, Silver in Q3, 2024 | U Today

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ECB In Focus Webinar with Stuart J. Russell - AI: Concepts, Trends, and Coexistence | Youtube

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