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BRICS

Plans for a post Bretton-Woods monetary system is underway at the BRICS Summit in Kazan, Russia 🇷🇺 October 22-24.

🔹The joint communique of BRICS 🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦🇮🇷🇪🇬🇪🇹 member states support the improvement of the BRICS Contingent Reserve Arrangement (CRA) via envisaging alternative eligible currencies. The CRA is an important mechanism to forestall short-term balance of payments pressures.

🔹Members welcome the BRICS Interbank Cooperation Mechanism (ICM) focus on facilitating and expanding innovative financial practices, including finding acceptable mechanisms of financing in local currencies.

🔹The declaration recognized the widespread benefits of more efficient, transparent, safe, and inclusive cross-border payment instruments based on minimizing trade barriers and ensuring non-discriminatory access (alluding to Russia's exclusion from SWIFT).

🔹BRICS member states strongly oppose and condemn the practice of unilateral politically motivated sanctions that undermine the development of other countries. This was declared in light of October 23rd 2024, when the US 🇺🇸 stated its plans to (illegally) transfer $20 billion to the Kiev regime from the proceeds of Russian sovereign assets blocked by the West.

🔹Iran's president Masoud Pezeshkian called on member states to not continue depending on Western payment systems. This is a big threat," he said and called for "creating alternative possibilities" in this field.

🔹BRICS members support further growth in the number of countries - shareholders of the New Development Bank (NBD) and expedited consideration of applications from association members.

🔹Russia signs agreements with China 🇨🇳 and South Africa 🇿🇦 on credit lines in national currencies.

🔹BRICS countries intend to increase the turnover of precious metals between the member states.

🔹BRICS members agree to take joint measures to oppose unilateral protectionist measures not compliant with provisions of the WTO.

🔹Egypt 🇪🇬 attaches great importance to the transition to financial settlements in national currencies within the BRICS group.

🔹 Russian President Vladimir Putin has proposed a BRICS investment platform to assist the economic growth of member countries and the development of the Global South and East. Partner countries would benefit from a significant increase of investment in areas such as technology, education, trade, and logistics.

Video Source: RT

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✔️ An F1 car
✔️ A Tesla Plaid
✔️ Even a fighter jet on launch

Imagine what they're not showing us...

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Strike

⚡️A Russian drone strike hit the car of Chief Rabbi Yosef Yitzchak Wolf in Kherson, head of the United Jewish Community of Ukraine’s local chapter.

Yosef is well known for assisting SBU and Nationalists in tracking down pro Russian Ukrainians who supported Russian forces during the liberation and uses his synagogue, as a shield, to help assemble FPVs for Ukrainian forces.

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Deep Fakes
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Debanked

Stripe, the largest payment processor in the U.S., debanked conservative commentator Michael Knowles, reportedly due to a “legally binding order.”
As the Daily Wire host shared on Monday, his X monetization payments, which are processed through Stripe, “abruptly stopped” six months ago when he received a message that he hadn’t set up his Stripe account.

https://www.lifesitenews.com/news/michael-knowles-debanked-by-stripe-without-explanation-due-to-legally-binding-order/?utm_source=telegram

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