CHINA, RUSSIA, IRAN WARSHIPS ARRIVE IN SOUTH AFRICA FOR MILITARY EXERCISES. (PHOTO).

-
Image
 China, Russia, Iran warships arrive in South Africa for military exercises Chinese, Russian and Iranian warships arrived in South African waters for a week of naval drills starting Friday off the coast of Cape Town. The Chinese-led drills were organized last year under the BRICS bloc of developing nations and South Africa's armed forces said they will bring members of the bloc together to practice maritime safety and anti-piracy operations and “deepen cooperation.” China, Russia and South Africa are longtime members of BRICS, while Iran joined the group in 2024. It was not immediately clear if other countries from the BRICS group — which also includes Brazil, India and the United Arab Emirates among others — would take part in the drills. A spokesperson for the South African armed forces said he wasn't yet able to confirm all the countries participating in the drills, which are due to run until next Friday. Chinese, Russian and Iranian ships have been seen moving into and out ...
Post a Comment

PUTIN WAS PRESENTED WITH A BRICS BILL AT THE SUMMIT. (PHOTO).

-


 Putin was presented with a BRICS bill at the summit


The BRICS alliance has taken a step towards challenging the US dollar’s dominance by unveiling a prototype of its highly anticipated currency at the ongoing summit in Kazan, Russia. Russian President Vladimir Putin was seen holding a mock-up of the “BRICS bill,” featuring the flags of the five member nations – Brazil, Russia, India, China, and South Africa – interconnected in a circle.

The displayed currency note has a value of 100 and showcases additional flags on its reverse side, likely representing countries interested in joining the alliance, such as Mexico, Egypt, Nigeria, and Bahrain.


As Putin held the new BRICS bill in his hand, it became clear that the group’s intent is not only to shift economic power but also to challenge the dominance of the US dollar in global trade.


 

Chinese President Xi Jinping emphasized the urgent need for reform in the international financial architecture, highlighting BRICS’ crucial role in promoting a new system that reflects the shifting global economic balance of power.

 

Jinping said, “There is an urgent need to reform the international financial architecture,”. “BRICS must play a leading role in promoting a new system that better reflects the profound changes in the international economic balance of power,” he added.

 

The blockchain-based BRICS pay system has always been viewed as a key de-dollarization development. For the bloc, it presents a chance to circumvent Western financial infrastructure like the SWIFT payment platform. Therefore, presents a key opportunity for nations within the group to promote the use of their currencies for trade.

 

The BRICS bloc has enjoyed unprecedented growth over the last two years. It has sought to increase its presence on a global scale and disrupt the West’s dominant run. Throughout the last year, it has increased its de-dollarization efforts to lessen overall reliance on the US dollar. The new BRICS currency will be the next key step in establishing a world where USD isn’t the supreme leader.


 "Quasi-money" was printed by "someone from ours — either from the Chamber of Commerce and Industry (Chamber of Commerce and Industry. — Ed.), or someone else," it symbolizes "the common work that is being done within the framework of BRICS," Peskov added.

Recall, on October 17-18, at the BRICS Business Council in Moscow presented a system for non-cash payment by QR code for foreigners BRICS Pay


The BRICS currency is expected to be backed by gold, the precious metal currently establishing new highs in value. According to reports, the new currency will consist of a backing of 40% gold and 60% tied to local currencies. The regional currencies could involve the Chinese yuan, Russian ruble, and Indian rupee, among other member’s legal tenders.

More photos below. 






Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).

-
Image
 Tinubu announces arrival of 4 US attack helicopters President Bola Tinubu has stated that four attack helicopters will soon arrive in the country from the United States amid rising insecurity. Speaking at a meeting with a delegation of the Christian Association of Nigeria, led by its President, Archbishop Daniel Okoh, at his Lagos residence, on Friday, Dec. 26, Tinubu revealed that the Federal Government had ordered four attack helicopters from the U.S, adding that they will arrive in the country “soon”. He said: “Our orders for four attack helicopters from the United States of America will take some time to arrive. We have approached Turkey for assistance.” The President, however, stated that the delays were affecting the public’s perception of the administration’s commitment to addressing the security challenges. He also said community and state police will become a reality. “Community and State Police will be a reality once the National Assembly completes the required legislati...
Read more