WHOLE TRUTH on Zapad-2017 Russia-Belarus Army Exercise + China-Russia Navy Drills near Korea

Futurist Trendcast

Dear friends, 

Our FREE EARTH SHIFT WEBINAR 5: LIVE Q&A WITH LADA RAY

is tomorrow, September 23! I am very excited, and hope you are, too!

Thanks to all who signed up! We’ll see you @ 10 am EST for sign-in & chat room!

Live Q&A starts at 11 am EST sharp!

Those who prefer a recorded version: this webinar will be available next week for purchase at only $18! It will be on public sale and anyone can buy it HERE!

Also check out new LADA RAY CONSULTATIONS!

The official unveiling and introduction of the new consultations will be next week!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

TODAY’S ARTICLE

Zapad 2017 Russia-Belarus Army Exercise and China-Russia Naval Drills near Korea

Pre-planed Russia-Belarus joint Zapad 2017 War Games ran from September 14 to 20th, 2017. The official number of participating troops, according to Russian and Belorussian official sources, was less than 13 thousand.

There are several…

View original post 2.147 woorden meer

Advertenties

BRICS countries considering own cryptocurrency as settlement mechanism

Bron: https://www.rt.com/business/401969-brics-consider-joint-cryptocurrency/

BRICS countries considering own cryptocurrency as settlement mechanism
The BRICS Finance Committee is discussing a joint virtual currency for the five nation bloc of developing economies, according to the Russian Direct Investment Fund (RDIF) chief Kirill Dmitriev.

During the BRICS Summit in Xiamen, Dmitriev told journalists that Brazil, Russia, India, China and South Africa could develop its own alternative to other payment tools.

“While there is a focus on settlements in national currencies, cryptocurrencies are also being discussed as one of the possible settlement mechanisms,” Dmitriev explained.

He added that within BRICS cryptocurrencies could replace the US dollar and other currencies used in settlements among the member states.

The BRICS countries have considered switching to local currencies for mutual settlements with the Chinese yuan as the lead currency. The New Development Bank (NDB) is expected to be a substantial player in the process.

“The use of local currencies will help promote mutually beneficial economic cooperation, mitigate currency risks, increase trade, and facilitate companies in accessing the BRICS markets,” said Russia’s Vnesheconombank board member Nikolay Tsekhomsky.

Last week, five banks of the BRICS Interbank Cooperation Mechanism agreed to establish local currency credit lines.

The head of NDB Kundapur Vaman Kamath said the bank aims to lend around $4 billion next year and also plans to start lending to private sector projects.

At a meeting with BRICS corporate leaders, Kamath said he hoped they would be able to take loans in local currencies as part of the bank’s initial wish to “break away from the tyranny of hard currencies.”