DE-DOLLARIZATION BOMBSHELL:
The Coming of BRICS+ Decentralized Monetary Ecosystem - Unit
Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem.
Welcome to The Unit – a concept that has already been discussed by the financial services and investments working group set up by the BRICS+ Business Council and has a serious shot at becoming official BRICS+ policy as early as in 2025.
According to Alexey Subbotin, founder of Arkhangelsk Capital Management and one of the Unit's conceptualizers, this is a new problem-solving system that addresses the key geoeconomic issue of these troubled times: a global crisis of trust.
Most people around the world are tired of the old way money is controlled, which was set up 80 years ago at Bretton Woods.
They see lots of problems with it, like countries spending too much on their military, risky investments, unfair trade penalties, misuse of payment systems, favoritism towards local businesses, and unfair dispute resolutions.
But there's a new idea called the "Unit" that offers a better way to handle money across borders.
It's fast, reliable, and saves money. The Unit works differently because it is not controlled by any one country, and each country can decide how to use and regulate it.
The Unit is a special solution for problems in global money systems. It can be used like regular bank money or the newest digital money.
It can also fix unfair prices in trading things like oil or wheat. It does this by creating a fair trading place called the Eurasian Mercantile Exchange. Here, people can trade and pay using the Unit, making trade and investing easier.
The Unit is strong because it doesn't rely on other countries' money. It gives most people around the world a new kind of money that is not controlled by politics.
It's based on gold and some important currencies, but it's not like cryptocurrencies or stablecoins. It's a new idea altogether.
You can read the full article here: https://sputnikglobe.com/20240513/de-dollarization-bombshell-the-coming-of-brics-decentralized-monetary-ecosystem-1118409748.html
@Megatron_ron
WOW 🚨 The Republican Party is protecting Ilhan Omar from accountability
Rep Nancy Mace “I tried to subpoena her immigration records, her brother husband's immigration records, and IT WAS REPUBLICANS that killed my motion”
It’s a Uniparty. One Big Club.
https://x.com/WallStreetApes/status/2029691279555305592?s=20
Iran War & Fuel Rationing – are “Energy Lockdowns” on the way?
The war in Iran is having the impact that most people with any sense knew it would have: The price of oil is going up, and the supply of oil is going down.
Of course, whether or not the latter of these is actually true we will never know, and it’s beside the point. Oil companies will natural take the slightest excuse to price gouge and contrive scarcity for the basest of profit motives.
It also serves a political motive as well, since we know the global political machinery is –
against free travel…...
Read full article ...
https://off-guardian.org/2026/03/16/iran-fuel-rationing-are-energy-lockdowns-on-the-way/
That means that of the 2.1mn tonnes of urea — the world’s most widely used nitrogen fertiliser — that would normally have been loaded for export over the past two weeks, about half has been disrupted.
At the same time, more than 1.1mn tonnes of fertiliser and fertiliser inputs, including 570,000 tonnes of urea, is currently stuck in the Gulf, either being loaded or already on ships, according to Kpler data.
Nitrogen fertilisers, which underpin about half of global food production, are made from ammonia using natural gas, which has soared in price since the war began last month.
The shortages have begun during the northern hemisphere’s planting season, leading industry executives to warn of lower harvests for staples such as rice.
If the disruption continues, “this will be much worse than 2022”, said Veronica Nigh, senior economist at The Fertilizer Institute, a US-based trade group. “The longer the conflict goes on, the more dire the situation will become.”
The Middle ...
With reference to the University of Kent meningitis outbreak. All exams being conducted atm are to be taken online. Campus is open as usual. Outbreak was traced to a canterbury nightclub called club chemistry , popular with students in which 2 students (1- UKC student, 1- Faversham college student) have sadly died.