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Nov 13 2024 Economics: Western Panic, China Takes Over mBridge, Saudi Oil For RMB Next, Gold Is Leaving London
From Seun Foo:
The Bank of International Settlements has officially dumped the Bridge project. This leaves China with near total control of the payments system opening up a ton of scary possibilities. Oil trade in the Yuan could be next. Meanwhile, central banks like India are escalating their gold repatriation. Here’s what you must know.
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Sep 17 2024 The Russian Digital Ruble & BRICS Bridge
Leaving the dollar-based system for good: What are the digital ruble and BRICS Bridge?
By July 1, 2025, the largest Russian banks will have to provide their clients with the ability to conduct transactions in digital rubles, according to the Russian Central Bank. Pilot testing of the digital currency is underway with 12 banks participating in… Continue reading
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Jun 14 2024 Chronicle of a Death Foretold
Death of Petrodollar is a Biden legacy
By Ambassador MK Bhadrakumar at the Indian Punchline.
The Deep State should have been alert five years ago when Candidate Joe Biden announced that he, if elected as president, was determined to make the Saudi rulers “pay the price, and make them in fact the pariah that they are.”
Biden was… Continue reading