Free Republic

The BRICS alliance is exploring the creation of an innovative currency, with plans to share proposals on its establishment at the forthcoming summit in South Africa, according to Alexander Babakov, deputy chairman of Russia's parliament, the State Duma. Speaking at the St. Petersburg International Economic Forum event in New Delhi, India, on Thursday, Babakov said that the plan is to initially transition to using domestic currencies in transactions and then introduce and circulate a digital or alternative form of a groundbreaking currency in the near future.Babakov anticipates that the BRICS leaders summit will reveal a preparedness to implement this particular...

Deadlier than the so-called ‘pandemic’ that shut down much of the world for the past two years—and beginning to spread like proverbial wildfire—a World Economic Forum (WEF) digital ID project that could usher in a social credit-like system required for travelling, mirroring the one up and running in China, is now in the works. “The Government of Canada, Air Canada and two major Canadian airports have partnered with the World Economic Forum (WEF) on a digital ID project that could see a social credit-like system be required for travelling. (Counter Signal, April 14, 2022) The Canadian government is listed as...

SHANGHAI — China, the largest foreign holder of United States debt, said Saturday that Washington needed to “cure its addiction to debts” and “live within its means,” just hours after the rating agency Standard & Poor’s downgraded America’s long-term debt. The harshly worded commentary, which was released by China’s official Xinhua news agency, was Beijing’s latest effort to express its displeasure with Washington. (snip) “The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” read the...

US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is “quite open” to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund. The dollar plunged instantly against the euro, yen, and sterling as the comments flashed across trading screens. David Bloom, currency chief at HSBC, said the apparent policy shift amounts to an earthquake in geo-finance. “The mere fact that the US Treasury Secretary is even entertaining thoughts that the dollar may cease being the anchor of the global monetary system has caused consternation,” he said. Mr Geithner later...

An official announcement by the Obama administration disclosing the reality of extraterrestrial life is imminent. For several months, senior administration officials have been quietly deliberating behind closed doors how much to disclose to the world about extraterrestrial life. Dissatisfaction among powerful institutions such as the U.S. Navy over the decades-long secrecy policy has given a boost to efforts to disclose the reality of extraterrestrial life and technology. The impending disclosure announcement follows upon the secret implementation of a year long openness policy on UFOs and extraterrestrial life. Over the period February 12-14, 2008, the United Nations held closed doors discussions...

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The Times interviewed Paul Oquist, D’Escoto’s senior adviser for the conference, who sat beneath portraits of Fidel Castro of Cuba, Hugo Chavez of Venezuela and Daniel Ortega of Nicaragua, among others. While meaningless United Nations hand-wringing over the North Korean nuclear weapons program garners the headlines, the world body is moving ahead with a global conference to lay the groundwork for world government financed by global taxes. The communist head of the U.N. General Assembly is leading the effort, but he is getting crucial support from "progressive" economists who advise the Obama Administration and the Democratic Party. The United Nations...

Russian President may push 'new world currency'