More News, Rumors and Opinions Wednesday PM 1-17-2024

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3 Countries Agree To Launch BRICS Currency To Challenge US Dollar

Vinod Dsouza    January 16, 2024

A new BRICS currency could soon be a reality as three countries have agreed to launch the tender to challenge the US dollar. The BRICS alliance is looking to replace the US dollar with a new currency creating a new world order. The bloc is advancing towards producing a ‘multipolar world’ where the US and its Western allies will no longer have power and control over other nations

The group is convincing developing nations in Asia, Africa, and South America to ditch the US dollar and embrace the soon-to-be-changing financial world. Read here to know how many sectors in the US will be affected if BRICS stops using the dollar for trade.

3 BRICS Countries Agree To Launch New Currency & Take on the US Dollar

Source: AFP

In the latest update, Russia’s former advisor to President Vladimir Putin and economist-turned-politician, Sergey Glazyev, confirmed that the new currency is in the works and is “almost ready”. He explained that three out of the five original founding countries have agreed to launch the new currency.

Glazyev stressed that only India and China are yet to give their nod for the formation of a new currency. The politician said that the alliance will go ahead only after other members agree and come to a consensus.

“To launch this currency, we need the political consent of the BRICS countries. Three of which have already expressed their support for the idea,” Sergey Galzyev stated. The Russian politician added, “We are waiting for the reaction of China and India”.

In conclusion, the only thing that’s stopping BRICS from launching their new currency is political consent from India and China. The rest of the three original founding countries Brazil, Russia, and South Africa have agreed to the BRICS currency. The extended new members are yet to come to a common consensus with the BRICS currency.

Source: Watcher Guru

https://dinarchronicles.com/2024/01/16/3-countries-agree-to-launch-a-brics-currency-to-challenge-the-us-dollar/

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

Sandy Ingram    There are 4 major reasons Kuwait, Iraq’s next-door neighbor has the strongest currency in the world…Kuwait dinar is $3.36… 1.  Major exporter of oil.  Kuwait is estimated to hold 10% of the world’s oil reserves.  The tiny country has a population of 4.3 million people vs Iraq who has approximately 43 million people and a lot more oil than Kuwait.  2.  Kuwait has an excellent reinvestment of oil revenue.  Kuwait uses its oil revenue to build infrastructure and develop microeconomic sectors to increase its GDP.    [Post 1 of 2….stay tuned]

Sandy Ingram    3.  Kuwait is tax free.  Being a tax-free country enables the GDP to be higher and it just makes everyone happier not to have to pay taxes.  Since May of 2007 the Kuwaiti dinar (KWD) is pegged to an undisclosed basket of currencies…  4.  This is good news for some of you and not good news for others…Kuwaiti currency is scarce.  It is very difficult to get your hands on a Kuwaiti dinar unless you are inside of the country…Being scarce when it comes to currency is a good thing.  [Post 2 of 2]

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Tishwash:  After the Sudanese statement that they would leave “quickly”… Will American forces withdraw from Iraq?

A “rapid and orderly exit” of the international coalition forces led by the United States from Iraq, this is what Prime Minister Muhammad Shia al-Sudani recently demanded, amid escalating tensions between those forces and armed Iraqi factions, which raised fears of expanding the scope of the conflict in the Middle East and destabilizing Iraq. .

While voices have been rising inside the country for years calling for the withdrawal of these forces following the attack of last October 7 launched by the Hamas movement on Israel, and the subsequent devastating war launched by Israel in the Gaza Strip, which it says aims to eliminate the movement.

Coalition forces have been subjected to dozens of attacks since then, and American forces responded by carrying out raids against Iraqi armed groups.

Al-Sudani said in an interview with Reuters news agency: “Let us agree on a time frame (for withdrawal) that will be quick so that we do not prolong the presence and the attacks continue,” noting that the only way to avoid a regional escalation is to stop the war in Gaza.

What are the reasons for the presence of these forces in Iraq?

After international forces led by the United States invaded Iraq in 2003 and overthrew its then president Saddam Hussein, those forces withdrew from the country in 2011. But in 2014, after what is known as the Islamic State in Iraq and the Levant (ISIS) took control of the city of Mosul, the second largest city Iraq and its declaration of the “Islamic Caliphate” in the areas over which it was able to extend its influence in Iraq and Syria.

The Iraqi government officially asked the United States and the United Nations to help it defeat the organization and protect the lands and people of Iraq, which led to the return of American-led coalition forces to the country, and the beginning of what is known as With Operation Inherent Resolve, which aims to help Iraqi forces defeat the organization’s forces and regain the lands they controlled.

The goal of the American forces was to train and advise the Iraqi army. The coalition also provided air cover for the Iraqi security forces, armed factions, and Kurdish Peshmerga forces that fought the organization between 2015-2017, until control was restored over the lands it had seized.   

Read full post here :link

Emailed to Recaps: 

Bluwolf:  The savior weather in all the u.s. is man made, they are trying to paralyze the redemption activity for they know that we are just days away in this process. It is unstoppable and they know it.

The shelling in the middle east is also a deep state issue they are trying to create a war also not going anywhere. The USN will appear in a instant soon. The U.S. is goldback again finally and shall be announced as such very soon. The usd is useless in all the middle east and many places in Africa. The EU is also discarding it.

Texas,New York/Jersey, Florida,Arizona,Nevada and California are being targeted by the deep state to no avail. Please have all your currencies and paperwork ready cause we should be in the air soon. I can’t wait to say ” wheels up in 30.” Good afternoon God bless.  Bluwolf 1.16.24 17:40 pm ast 

You may post.

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EU’s Biggest Economy Crashes, China-Russia Trade HITS $240B, Fed To Unleash The Unthinkable

Sean Foo:  1-17-2024

The numbers are out, Germany is officially the worst-performing G7 economy in 2023. However, the headwinds going into 2024 might just confirm a second recession in two years.

 Meanwhile, Russia and China just recorded a historic $240B in bilateral trade, showing resilience against the Western sanctions.

However, the Federal Reserve is about to end QT, showing how weak the economy is and why inflation will be the end game.

Timestamps & Chapters:

0:00 Germany Worst G7 Economy

2:53 A Recession Is Next

 6:02 Russia-China Record Trade

9:32 Fed Big QT Bombshell

12:49 Inflation End Game