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Showing posts from July 15, 2023

IMF Has Not Seen Specific Proposal on BRICS Currency

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The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade. The Fund’s statement followed reports that the BRICS economic bloc is planning to launch a gold-backed currency. IMF on BRICS Currency The International Monetary Fund (IMF) was asked during a press conference on Thursday about its position on the proposed BRICS currency following media reports that the BRICS nations are launching a gold-backed currency that will be formally announced at the economic bloc’s upcoming leaders’ summit in August. The BRICS nations comprise Brazil, Russia, India, China, and South Africa. Julie Kozack, director of IMF’s Communications Department, replied: “With respect to the way countries, or the currencies in which countries conduct trade, we view that as a decision of the participants involved in the individual transa

Robert Kennedy Jr Says Biden Is ‘Preparing for Ground War With Russia’ as World War III Warnings Escalate

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U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has explained that President Joe Biden is “preparing for a ground war with Russia” by signing an ex ecutive order to mobilize reserve forces to augment Operation Atlantic Resolve. Multiple people have accused Biden of starting World War III. Biden Preparing for Ground War With Russia, Says Kennedy Jr. U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has slammed President Joe Biden over his executive order to mobilize select reserve forces in order to augment Operation Atlantic Resolve. Kennedy is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy. Operation Atlantic Resolve was launched in 2014 following Russia’s invasion of the Crimean Peninsula. Kennedy tweeted Friday: President Biden just called up 3,000 reservists to augment U.S. troops in Europe as part of ‘Operation Atlantic Resolve.’ I want people to understand what this troop mobiliza