“Are you Watching?” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 8-19-23

Goldilocks and Seeds of Wisdom

Goldilocks posted comments and news links on the global financial system:

WEBINAR: the SEPA Request-To-Pay scheme: Steady and ready to take off in 2023

ICYMI: the @EPC_SEPA has posted a recording of its recent webinar ‘The SEPA #Request2Pay scheme: Steady and ready to take off in 2023’

Journey From The Humble Indian Rupee To International Currency

https://edtimes.in/journey-from-the-humble-indian-rupee-to-international-currency/

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PRESS RELEASE

No.136/SP/TKP-ASEAN2023/8/2023

PUBLIC COMMUNICATIONS TEAM

FOR IMMEDIATE RELEASE

Indonesia to Host Flagship Event ASEAN-Indo-Pacific Forum (AIPF): Implementation of the ASEAN Outlook on the Indo-Pacific (AOIP) 2023 – September 5-6

https://www.asean2023.id/en/news-and-information/press-release

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US Banks Suffer $18,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report

Daily Hodl Link

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“Standard Charter is joining a growing list of banks keen to explore opportunities in a debt-swap market that was once dominated by Credit Suisse.”

Do you remember back in late 2021 when we were exploring the Quantum Technologies ready to be used by Iraq?

We looked at the building blocks that would be the foundation of the new digital economy that was about to be built beginning January 1st, 2022.

Two entities kept surfacing during that time that would serve as supporting actors going into the new economy: Standard Charter and Fintech.

We have heard a lot about Fintech for the last year and a half, and the time has come for Standard Charter to step up to the plate.

The list of banks are growing that are interested in hedging currency risks with foreign exchange transactions once dominated by Credit Suisse.

Standard Charter has talked to several banks and governments about a “debt for nature” swap that involves the use of them utilizing their own local currencies in exchange for reducing their debt if certain conditions are met. The proceeds will go to fund conservation activities.

The key to this transaction is for commercial Banks or Governments to sell their debts at less than the value of its original loan.

The World Bank is behind a lot of the green bonds initiative desiring to help countries create a sustainable environment and improve the climate around the world.

In conjunction with banks, the World Bank is leading the charge toward getting Banks like Standard Charter and others to form an alliance that will improve the well-being of our world.

This project will provide much needed liquidity for new countries who want to create a sustainable environment through climate change and monetary reforms that will build upon sustaining efforts of their currencies moving forward with new liquidity.

Bonds are denominated in local currency, and you just thought you were doing a simple currency exchange.

It’s not a bad trade.

BloombergLaw

WorldBank Link

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Project Genesis 1.0: Prototype digital platforms for green bond tokenisation
https://www.bis.org/about/bisih/topics/green_finance/green_bonds.htm

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Genesis 2.0: Smart contract-based carbon credits attached to green bonds
https://www.bis.org/about/bisih/topics/green_finance/genesis_2.htm

Sustainable bond issuance will return to growth in 2023 | S&P Global
SPGlobal Link

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Want to know when the mature date is coming due on these green bonds?

It’s in the articles above…

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“President Cyril Ramaphosa, pictured with Chinese President Xi Jinping, backed China’s call for a new financial world order that prevents “unilateral sanctions” against countries such as Russia.”

https://www.news24.com/news24/politics/brics-summit-cyril-ramaphosa-backs-chinas-new-financial-order-plans-20230819

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India-Russia trade settlement: A way forward

India-Russia trade settlement: A way forward

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BRICS : De-Dollarization begins with Oil & Gas

This morning, I shared with you why countries will be moving back to their own local currencies. Several countries all over the world have already spent trillions of dollars on green bonds that will support their maturity being denominated in local currencies.

Tonight, I will share with you how it will begin. The BRICS Nations are encouraging countries that join with them to move back into their own National Currencies.

China and Russia already back their oil and gas with gold. Saudi Arabia, who plans to join the BRICS Nation, will be under pressure to follow new rules. Payments on oil and gas are expected to be converted in local currencies inside the BRICS system.

At the time of this writing, Saudi Arabia is still using the dollar for trade, but this could change with their new alliance inside the BRICS system. Saudi Arabia’s biggest customer is China. This could go a long way in some of their transactions being dealt in the Petro Yuan by the end of the year.

This is, perhaps, one of the worst things that could ever happen to the dollar. The demand for the Petro Yuan is increasing at a rapid pace along with Banks in the East backing their capital with gold.

We are on the cusp of a paradigm shift that will change the way we do things on a global scale.

Are you watching?

https://indiashippingnews.com/brics-de-dollarization-begins-with-oil-gas/

The Panama Canal Has Become a Traffic Jam of the Seas

More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings.

Uh oh…

“Use of the all-water route through the Panama Canal will continue to be an important, cost-effective transportation mode for a significant segment of world trade.”

https://pancanal.com/en/maritime-services/trade-routes/#:~:text=Use%20of%20the%20all%2Dwater,significant%20segment%20of%20world%20trade.

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China’s massive gold purchases may actually be underestimated, and will likely continue for many years – BMO

“Based on the World Gold Council’s estimate of global central bank demand last year (1,136t) and reported purchases in IMF statistics, approximately 65% of gold additions were unreported. It is widely thought that China and Russia likely account for a notable portion of this difference,” the analysts said.
Kitco Link

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**SEC FINALLY ADMITS RIPPLE/XRP NOT A SECURITY & THE XRP ARMY IS VINDICATED | PROFIT WILL BE MADE**

Source: Dinar Recaps

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