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Russia to resume foreign exchange purchases to boost currency reserves

May 05, 2023 -

According to Bloomberg Economics, the move aims to bolster Russia's reserves as growing energy revenues "stabilize" public finances despite the West's efforts to squeeze Kremlin's income. The media outlet estimated initial volumes amounting to an equivalent of around $200 million in yuan per month.

The Chinese currency is the main asset Russia can still use to conduct transactions for its $154 billion wealth fund because of the sanctions that cut the country off from the world's ...

Binance cryptocurrency exchange pleads guilty to violating U.S. anti-money laundering laws

November 29, 2023 -

Binance submitted its plea before a federal court in Seattle, Washington on Nov. 21. As part of its guilty plea, the cryptocurrency company has agreed to pay a $50 million fine to the federal government – a fine that, interestingly enough, is separate from the $4.3 billion investigation resolution Binance has with the Department of Justice. (Related: 47 Nations combine forces to require automated tax authority monitoring of crypto trading data.)

As part of the guilty ...

Chinese renminbi replacing the U.S. dollar as most traded currency in Russia’s foreign exchange market

14 days ago -

This surge in yuan usage comes as part of Russia's ongoing shift away from major Western currencies, spurred by sanctions imposed by the United States and the European Union over the conflict in Ukraine.

These financial constraints have made cross-border trade in euros and dollars more challenging and reduced their significance in Russia's domestic foreign exchange market. (Related: China quickly expanding use of yuan in global trade as it seeks to dethrone US dollar as world’s ...

Farsam Shadab warns: People are giving up their LIBERTY and PRIVACY in exchange for convenient technology

2 months ago -

He put forward this argument during a live interview with the Health Ranger Mike Adams on the "Health Ranger Report." Shadab – the founder of Enaxion, InterEnactive and Integral Commons – noted that things are way more controlled now than before.

According to him, people want to get the latest and greatest things to have more freedom, more choices and better technological tools. But in wanting this consumer freedom, they have eschewed governmental freedoms, liberties and ...

Israel reportedly in talks with African nations to receive Palestinians from Gaza in exchange for aid

January 07, 2024 -

This is according to two separate reports made by Hebrew-language Israeli news site Zman Yisrael on Wednesday and Friday, Jan. 3 and 5, respectively. (Related: Israeli developer planning "dream" beachfront villas in Gaza Strip, once millions of Palestinians are eliminated.)

According to the outlet, Israel's national intelligence agency, Mossad, is spearheading the ethnic cleansing effort with the country's Ministry of Foreign Affairs. Zman Yisrael reported that Mossad ...

Hamas releases 24 hostages in exchange for 39 Palestinian women and children unlawfully imprisoned by Israel

November 28, 2023 -

The temporary ceasefire, whose first day began at 7 a.m. local time on Friday, Nov. 24, was the result of weeks of negotiations between Israel and Hamas and brokered by other nations like Egypt and Qatar.

The 24 hostages transferred out of Gaza include 13 Israeli women and children, 10 Thai farm workers and one Philippine caregiver. They were transferred first into the custody of Egyptian authorities at the Rafah border crossing, where their health was monitored by ...

NATO secretary-general’s chief of staff proposes ceding Ukrainian territory to Russia in exchange for NATO membership

August 18, 2023 -

"I think that a solution could be for Ukraine to give up territory, and get NATO membership in return," Jenssen said during a panel debate on Aug. 15 in Arendal, Norway.

But Jenssen then added that the issue of Ukraine's status within the military bloc is already being discussed by NATO member nations and will be taken up and decided by Ukraine alone after its conflict with Russia ends. He noted, without naming them, that some other countries within NATO have also raised ...

South Korea accuses North Korea of supplying Russia with over 1M ARTILLERY SHELLS in exchange for advanced technologies

November 07, 2023 -

The South Korean National Intelligence Service (NIS) made this accusation before lawmaker Yoo Sang-beom, a member of the country's unicameral parliament. Yoo then relayed this information during a closed-door briefing with intelligence officials.

According to the lawmaker representing one of the eight districts of the Gangwon constituency, the NIS believes Pyongyang has supplied Moscow with more than one million artillery shells since August. This amount is sufficient ...

Israel approves MULTI-DAY CEASEFIRE DEAL: Hundreds of imprisoned Palestinian women and children to be released in exchange for 50 Israeli hostages

November 22, 2023 -

The terms of the deal call for a four-day ceasefire in Gaza, during which the Israeli Defense Forces (IDF) will halt all its military operations in the Strip, including all ground and some air operations. In exchange, Hamas will free "at least" 50 of the roughly 240 hostages it and other Palestinian groups are currently holding in Gaza. All of these 50 hostages will be women and children – 30 children, 12 women and eight mothers.

For every 10 hostages Hamas releases ...

Mexican president demands $20 billion in aid and legal status for 10 million Hispanic individuals in exchange for helping U.S. with border crisis

January 10, 2024 -

Lopez Obrador’s demands come after a meeting last month with Secretary of State Antony Blinken and Homeland Security Secretary Alejandro Mayorkas that failed to reach an agreement on how to proceed.

The Mexican president confirmed that American officials asked Mexico to take measures to block migrants at the country’s southern border with Guatemala or make it harder for migrants to make their way across Mexico in buses, trucks and trains. However, he wants the U.S. to ...

House Republicans probe State Department subsidizing censorship of conservatives

May 04, 2023 -

(Article by Sean Moran republished from Breitbart.com)Chairman Michael McCaul (R-TX), Foreign Affairs Oversight and Accountability Subcommittee Chair Brian Mast (R-FL), Reps. Chris Smith (R-FL), Darrell Issa (R-CA), Maria Salazar (R-FL), Keith Self (R-TX), Cory Mills (R-FL), and Ken Buck (R-CO) mentioned that the committee would postpone reauthorizing the Global Engagement Center (GEC) as Republicans have accused the State Department subagency of funding censorship.

The ...

Someone made MILLIONS betting against Israel on Wall Street in days leading up to October 7 attack

December 13, 2023 -

In the days leading up to the attack, short sellers shorted Israeli shares, betting on the stock tanking following the attack. This is exactly what happened, and whoever shorted Israel knew in advance that the attack was going to happen.

In a paper called "Trading on Terror?" written by Robert J. Jackson, Jr. and Joshua Mitts, you can read more about what took place days before the Hamas attack that points to financial terrorism as Hamas profited from it.

"Our ...

Second extension of truce between Israel, Hamas now a possibility

November 30, 2023 -

The focus of the discussions is on the conditions to extend the truce, including the duration of the extension and the exchange of captives for prisoners.

Late on Wednesday, Nov. 29, the Israeli army confirmed the release of more Israeli captives in Gaza. Simultaneously, 30 Palestinian women and children were released from Israeli jails. (Related: Israel approves MULTI-DAY CEASEFIRE DEAL: Hundreds of imprisoned Palestinian women and children to be released in exchange ...

Netanyahu REJECTS Hamas’ offer to release ALL hostages for a ceasefire – further proof that the Israeli leader doesn’t care about his own people

February 08, 2024 -

Hamas' proposal – backed by the United States – called for the Israeli hostages the militant group still held to be released in three phases, with each phase lasting 45 days, in exchange for a ceasefire.

In the first phase, Hamas demanded the release of all Palestinian women and children under the age of 19 held in Israeli jails – many of whom are being held without charges in illegal involuntary detention – and all prisoners 50 and older. In return, Hamas would release ...

Star witness Caroline Ellison says disgraced FTX founder Sam Bankman-Fried instructed her to COMMIT CRIMES and MISLEAD LENDERS

October 11, 2023 -

The former CEO of Alameda Research-turned-star witness disclosed this when she testified before a federal court in Manhattan on Oct. 10. "Sam directed me to commit these crimes," she remarked following her admission that she, Bankman-Fried and other accomplices had committed fraud.

Ellison started at Alameda as a trader in 2018 and became co-CEO of the firm in October 2021 alongside Sam Trabucco. She became the sole CEO of Alameda in August 2022 following Trabucco's ...

Turkey and Argentina turn to crypto amid record-breaking inflation and crumbling currencies

May 05, 2023 -

According to audience research company GWI, ownership of digital currencies in Turkey was the highest in the world at 27.1 percent, followed by Argentina at 23.5 percent, which is well above the global crypto ownership rate estimated at 11.9 percent.

Both countries are submerged in the ongoing record-breaking inflation, which has led to crumbling currencies and capital controls to deter local residents from taking money out. Turkey's annual inflation was 50.51 percent in ...

FTX legacy? JPMorgan explores blockchain-based deposit token as new payment vehicle… backed by the bank itself

September 14, 2023 -

According to a person familiar with the work who asked not to be identified, America's largest bank by assets has already developed the majority of the underlying infrastructure for the new payment vehicle to work. It is just waiting on final approval from U.S. regulators before actually creating the token. But the source said that once JPMorgan gets the approval, it will likely launch the product for use by corporate clients within a year.

"Deposit tokens bring plenty ...

47 Nations combine forces to require automated tax authority monitoring of crypto trading data

November 15, 2023 -

In a press release, the British government said this new coalition of nations and other jurisdictions is partnering up with the Organization for Economic Cooperation and Development (OECD) to create what is known as the Crypto-Asset Reporting Framework (CARF), whose main goal is combating tax evasion and ensuring that those who trade in cryptocurrency comply with national and international taxation regulations.

"To keep pace with the rapid development and growth of ...

LocalMonero co-founder says CRYPTO is a DIRECT THREAT to US dollar’s monopoly over world economy

July 18, 2023 -

"The U.S. government doesn't want to see this monopoly go away," he said during the third episode of "Decentralize.TV."

"I mean, it's not a monopoly per se. But … the U.S. dollar is, I think, responsible for 70 percent of the transactions in the world. It's very important for nations around the world to stay connected to the Federal Reserve and the U.S. dollar, so they can dictate a lot of things to other countries because of the U.S. dollar. If they sort of allow crypto ...

HSBC brings cryptocurrency trading services to its online investment platform in Hong Kong

June 29, 2023 -

Crypto investment products have been listed on the Hong Kong Stock Exchange since December and the bank allows its customers to trade all publicly listed ETFs. However they have now given their customers access to the ETFs from their own investment platform, underscoring the momentum the cryptocurrency community is currently enjoying as more major financial centers and institutions embrace crypto.

The exchange currently lists three types of crypto ETFs: Samsung Bitcoin ...