Sunday, June 18, 2023

Yuan..

 


Iraq’s Interior Ministry placed a ban on U.S. dollar transactions across the country in a move to strengthen the Iraqi Dinar. 

The country wants to control the fluctuating black market exchange rate that plagued forex prices for Chinese Yuan and USD. The move will also help boost its native currency as the U.S. dollar will take a step back nationwide. 

The decision to ban the dollar comes at a time when Iraq expressed its interest to join the BRICS alliance. Iraq would accept the soon-to-be-released BRICS currency to settle international trade and sideline the USD.

This new policy will have tremendous impact on the dollar as per many economists. In the process weaponization of the dollar and the sanctions on many country will have a diminish effect on these countries. The desire to own the dollar will be less.

 Just a thought.

Saturday, June 17, 2023

Space..


After making remarks introducing the forty-sixth president, the actress-turned-activist handed the microphone over to Biden, who promptly grabbed hold of Longoria and looked like he nearly groped the uncomfortable-looking actress. 

This, as President Biden made the bizarre comment that he’d known Longoria for years—the two, according to Biden, had first met when he was 40 and she was 17. Biden’s story was inaccurate. Had he been 40 when he first met Longoria, she would have been a mere seven years old. 

 These two events sparked outrage on Right-wing social media sites.

The weird brushing up of Longoria, followed by the sleazy comments, reinforced the notion that Joe Biden is an old creep. 

Of course, he is. Look, this is a man who clearly has no concept of personal space. 

Bepedoic A..

 

A new pill is as effective at reducing cholesterol as statins, according to new research. Scientists say the medication, called bepedoic acid, will provide an alternative for patients who are unable to tolerate the popular drugs.
Million take statins to reduce the risk of heart attacks, stroke and other cardiovascular diseases. But some suffer undesirable side effects including severe muscle and joint pain, headaches and stomach problems.
The U.S. team analyzed data from the CLEAR Outcomes Trial, which enrolled 13,970 statin-intolerant patients. The main results released in March found that bempedoic acid lowered LDL cholesterol levels on average by 21%.
It also reduced cardiovascular events, including heart attack, stroke, and procedures to open blocked blood vessels to the heart by 13%.

Intel..

 

Saudi..

 


The foreign ministers of Iran and Saudi Arabia have met in Tehran as the longtime rivals seek to end a diplomatic rift and restore ties after seven years of tensions.
here is peace between these two countries that will have great impact on the region. 
Iranian Foreign Minister Hossein Amirabdollahian welcomed his Saudi counterpart, Prince Faisal bin Farhan Al Saud, at the foreign ministry on Saturday.
Saudi Arabia’s top diplomat also met Iranian President Ebrahim Raisi, who has just finished a tour of Latin America.
On August 2022 Biden's State Department approved $3 billion sale of Patriot missiles to Saudi Arabia and $2.2 billion to the United Arab Emirates despite pledging in 2019 campaign to make Saudi Arabia a pariah.
The weapon industries may not be happy with ...

Debt..

 

Two thinks politicians enjoy in the society,  Debt from spending and Debt from War anywhere for any reason.  Just a thought.

May Be..

 

2023 will go down in the history books as the year America lost faith in its banks.

Over the course of a few weeks in the spring of 2023, multiple high-profile regional banks suddenly collapsed: Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank. These banks weren’t limited to one geographic area, and there wasn’t one single reason behind their failures. [cost of 400 billion dollars.]

The news roiled the financial markets, pummeled the banking industry, and unsettled the public. Fears mounted that financial contagion was underway, which happens when a problem in one sector spreads to other areas of an economy, country, or region—with disastrous consequences.

Hegemony..

 

Next..

 

The U.S., Japan and the Philippines plan to coordinate security strategies in the East China Sea and South China Sea and discuss opportunities to stage regular joint exercises under plans announced Friday, aiming to bolster deterrence against potential Chinese aggression in the region.

The joint exercises would be held in Indo-Pacific waters "in support of freedom of navigation, and the broader rules-based order," a readout said.

Japan affirmed that it will support enhancing the military capabilities of the Philippines and others through official security assistance (OSA) -- a new aid framework launched in April for providing defense equipment.

Are we starting another conflict somewhere?

Dethrone..

 

The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days of dominance are over.
Treasury Secretary Jannet Yellen gave her two cents on the matter of so-called “de-dollarization” during a congressional hearing on Tuesday — stating that no currency currently exists that could displace the greenback.
While U.S. sanctions and foreign policy plays have inspired a backlash from China, Russia and other prominent countries — who are keen to dethrone the dollar — Yellen remains adamant that “it will not be easy for any country to devise a way to get around the dollar.”
She did, however, warn that the dollar’s share of global reserves may continue to decline as countries look to “diversify.”