Russia outlines proposal for BRICS DLT cross border payment system

A new research paper out of Russia proposes the future of the international monetary and financial system. The country is the current chair of BRICS which is meeting next week. One of its proposals is a CBDC and DLT system to support local currency payments. While the paper makes some interesting points, the mixture of fact and propaganda undermines the document’s gravitas. The document was authored by the Ministry of Finance, the Bank of Russia and Yakov and Partners.

Russia outlines proposal for BRICS DLT cross border payment system

Is the USA Scoring Self-Goals With Its Ukraine Policy?

There has already been significant criticism of the Ukraine policy of the USA government from a perspective of world peace. The base of US policy is the concept of a proxy war that can bleed and weaken Russia as much as possible (at great cost to the people of Ukraine as well as the peace and stability of the rest of the world). This has been documented at several places. However another important aspect which has unfortunately received very less attention is that the Ukraine policy of the USA government also seriously violates the real, broader interests of the USA government and people.

Is the USA Scoring Self-Goals With Its Ukraine Policy?

Related:

Nearly 90 Percent of the World Isn’t Following Us on Ukraine

Globalization can function only if most participants believe it advances their interests. If the rest believe the West is unfairly using the system for its own benefit, the rules- based international order falls apart and alternatives will emerge.

These concerns are generating considerable anti-Western sentiment across much of the Global South. While a nuclear-armed Russia shows no willingness to end a war its leaders cannot afford to lose; the West is rapidly losing the rest and thus undermining the very rules-based international order it has sought to create. Our most promising solution to this dilemma is likely to be some sort of diplomatic compromise.

/sarcasm

US Signals Putin’s Donbas Troop Deployment Might Not Trigger Massive ‘Invasion’ Sanctions + Perhaps The US Should Shut The Fuck Up About Respecting Other Countries’ Sovereignty

US Signals Putin’s Donbas Troop Deployment Might Not Trigger Massive ‘Invasion’ Sanctions

Related:

Perhaps The US Should Shut The Fuck Up About Respecting Other Countries’ Sovereignty

The US empire criticizing Russia for violating another nation’s sovereignty is like Jeffrey Dahmer criticizing someone else’s eating habits.

😂

Why It’s Unlikely Russia Will Deploy Troops Into Ukraine

Why It’s Unlikely Russia Will Deploy Troops Into Ukraine

One thing is for sure: Unless Kiev starts a massive military campaign in the Donbass, or engages in a serious provocation against Russia, the Kremlin is unlikely to start a war against Ukraine. And even if a war breaks out, Russia’s actions are expected to be very calculated, limited and carefully coordinated with its Western partners, as part of moves toward a “stable and more predictable relationship” between Moscow and Washington.