Financial Markets and Money Warfare - Trending: Gold backed Rubles and Asset Backed Digital Currencies...
SEC releases emails related to XRP lawsuit showing corrupt behavior... The SEC releases emails related to the XRP lawsuit after Empower Oversight filed a lawsuit against them. Back in Aug 2021, they were requested to show these emails; however, the SEC declined the request. But, now they do not have an option.
Russia threatens legal action if forced into sovereign debt default... Russia will take legal action if the West tries to force it to default on its sovereign debt, Finance Minister Anton Siluanov told the pro-Kremlin Izvestia newspaper on Monday, sharpening Moscow's tone in its financial wrestle with the West.
Russia has defaulted on its foreign debt, says S&P... Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said.
Stock market news live updates: Stocks drop, Treasury yields spike as traders await inflation, earnings data... U.S. stocks dipped Monday morning as investors looked ahead to the start of corporate earnings season this week and a bevy of new economic data as the Federal Reserve prepares to accelerate its moves to counter inflation.
U.S. HUNT FOR RUSSIAN OLIGARCHS’ HUGE FORTUNES FACES BARRIERS OFFSHORE... Financial monitors at one of New York’s most storied banks were watching as hundreds of millions of dollars moved through offshore accounts.
Yellen Speech on Crypto Calls for New, Faster Payments System... Even though there will be no policy bombshells in Treasury Secretary Janet Yellen’s first speech focused entirely on digital assets, the need to build better payments rails will be an area of particular focus.
Amid Sanctions Against Russia, BRICS Can Lead the Change Towards National Currency Payments... The current conflict in Ukraine has a decided international financial aspect. Russia, one of the five ‘BRICS’ nations (Brazil, Russia, India, China, and South Africa), faces new rounds of sanctions.
"Rubble" Surges To 2-Month Highs Against Dollar As Russia Works To Reduce FX Volatility... Having crashed to a record low of 121.5 per dollar shortly after the Ukraine war began - triggering memories of the battering it took during the 1998 Russian financial crisis - the Ruble was (for a brief period) the most potent symbol of the crushing blow that The West had struck against Russia's economic fortunes.
Russia calls for integrating BRICS payment systems... Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on Saturday. Sanctions have cut Russia off from the global financial system and from nearly half of its gold and foreign exchange reserves, which stood at $606.5 billion in early April. On Friday, Finance Minister Anton Siluanov told a ministerial meeting with BRICS, which consists of Brazil, Russia, India, China and South Africa, that the global economic situation had worsened substantially due to the sanctions, the ministry's statement said. The new sanctions also destroy the foundation of the existing international monetary and financial system based on the U.S. dollar, Siluanov said.
Russia's Central Bank Says It Will Stop Buying Gold at a Fixed Price... Russia's central bank said on Thursday that due to a "significant change in market conditions" it would buy gold from commercial banks at a negotiated price from April 8.
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The next stage of the global monetary system... Russia calls on BRICS countries for tighter economic integration: the use of BRICS currencies for export-import, the integration of payment systems and cards, their own financial messaging system and the creation of an independent BRICS rating agency SEC releases emails related to XRP lawsuit showing corrupt behavior
SEC releases emails related to XRP lawsuit showing corrupt behavior... The SEC releases emails related to the XRP lawsuit after Empower Oversight filed a lawsuit against them. Back in Aug 2021, they were requested to show these emails; however, the SEC declined the request. But, now they do not have an option. The revealing of these emails is a big win for the XRP as it shows the corrupt nature of the Securities and Exchnages Commission of the US. It might even be large enough to shift the case entirely in favor of Ripple (XRP).
The Biden Fed just declarted war on the stock market... Not Just a Conspiracy Now... Is it? QFS time
Amid Sanctions Against Russia, BRICS Can Lead the Change Towards National Currency Payments... The current crisis in Ukraine and the expansion of Western sanctions lend possibility to BRICS mechanisms finally breaking the hegemony of financing structures created by the West.
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