Awake-in-3D: What is the New BRICS Pay Initiative?, 11 JAN

Awake-in-3D: What is the New BRICS Pay Initiative?

What is the New BRICS PAY Initiative?

On January 9, 2024
By Awake-In-3D

“BRICS Pay” is an ambitious initiative by the BRICS nations (Brazil, Russia, India, China, and South Africa) aimed at establishing a cross-border payment system to enhance financial cooperation within the bloc.

Focused on facilitating transactions in local currencies and reducing reliance on dominant global currencies like the U.S. dollar, BRICS Pay intends to integrate modern financial technologies, including blockchain and digital currencies, to streamline and secure transactions.

BRICS Pay represents a significant step by the BRICS nations towards creating an independent financial ecosystem that supports their currency, economic and geopolitical interests.

While offering potential benefits like reduced transaction costs and mitigated exchange rate risks, its implementation faces significant challenges, including infrastructure development and regulatory harmonization.

This initiative reflects the BRICS countries’ broader efforts to gain greater economic independence and reshape the global financial landscape in favor of emerging economies.

The BRICS Pay Initiative

1. Multilateral Payment System: BRICS Pay is intended to be a cross-border payment system. Its primary aim is to facilitate smoother and more efficient financial transactions among the BRICS nations. By enabling transactions in local currencies, it seeks to bypass the need for conversions into dominant currencies like the U.S. dollar or the Euro, which can add costs and complexities.

2. Integration of Technologies: The system is designed to leverage modern financial technologies, including digital and blockchain technologies. This approach is expected to make transactions more secure, faster, and less expensive compared to traditional banking systems.

3. Support for Local Currencies: A significant goal of BRICS Pay is to strengthen the use of the member countries’ local currencies in international trade. This would help in reducing the transaction costs associated with currency conversions and mitigate the risks linked to exchange rate fluctuations.

4. Prototype Development: As of my last update, a prototype of the BRICS Pay system was being developed. This prototype combines the advantages of traditional payment systems with newer technologies like central bank digital currencies, decentralized financing, and tokenized assets.

5. Challenges in Implementation: While the idea of BRICS Pay presents a strategic shift in international financial transactions, its implementation faces challenges. These include establishing the necessary infrastructure, ensuring regulatory compliance across different jurisdictions, and gaining widespread acceptance among businesses and financial institutions in the BRICS countries.

6. Geopolitical and Economic Implications: The development of BRICS Pay is part of a larger effort by the BRICS nations to assert greater economic independence and reduce their vulnerability to fluctuations and policies in Western financial markets. It reflects a growing trend of regional groups looking to establish more control over their financial transactions.

BRICS Pay represents a significant step by the BRICS nations towards creating an independent financial ecosystem that supports their economic and geopolitical interests.

It aims to facilitate trade among member countries, reduce reliance on Western-dominated financial systems, and promote the use of local currencies in international transactions.

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Bankers' Insight, Will Vietnam's Dong RV Hit the Low $2.25 or Soar Beyon...

Planning: The government is keen to complete the 2024 budget schedules as quickly as possible and send them to the House of Representatives for approval., 11 JAN

Planning: The government is keen to complete the 2024 budget schedules as quickly as possible and send them to the House of Representatives for approval.

Today, Wednesday, Deputy Prime Minister and Minister of Planning, Muhammad Ali Tamim, chaired an expanded meeting, held at the Ministry of Oil, in the presence of Deputy Prime Minister for Energy Affairs, Minister of Oil Hayan Abdul-Ghani, Minister of Finance Taif Sami, and Minister of Oil and Natural Resources, in the regional government. Kurdistan Kamal Muhammad and his accompanyingdelegation, as well as undersecretaries of the Ministries of Planning and Oil, a number of general directors in the two ministries, and the Ministry of Finance.

During the meeting, the mechanisms for preparing the general budget schedules for this year 2024 were discussed, in its operational and investment aspects, in light of oil prices and the revenues expected to be achieved during this year.

Tamim pointed out that the government is keen to complete the 2024 budget schedules as quickly as possible and send them to the House of Representatives for approval.

nrttv.com

"RV UPDATE" BY GEM FINCH, 11 JAN

Bearded PatriotUSA

Telegram post

1/10/24

Forwarded from Gem Finch:

Gem Finch, [10/01/2024 2:41 PM]

And then the 11th – we are supposed to have announcements made regarding Nesara and possibly Gesara and not sure how deep those things will be talked about – but we know more than many others including Gold Backed currencies and R&R allowances and that we’re not paying income tax and there are so many things and remember that flat tax on new items – and that to be collected at the state level and then split to support interests for the Federal government. 

And going away from Maritime Law to Common Law – so many aspects that we might get those announcements Thursday or even the political change or overturn of the elections – so who knows? We’ve had dates come and go and things moving us towards this goal and even the RC and banks have the new currency in their vaults and the new USN monies in the RC for us and this has happened. 

And yesterday morning the RC leaders and bank managers in at least one area and throughout the US to put in their access codes and submit them to Treasury and that was about 11.30 – noon – so banks and RC – the leaders and bank manager all put in their codes and now they just need the green light to given them that to proceed and to send out the emails for us in T4B and A to make our appointments and our exchanges – so they are done – and now it’s up to the Treasury to give that green light. So that’s where we are and we go onto Bond Holders some have received emails and some are still waiting for emails. I think the majority should have them overnight tonight for access to their accounts and access to 10% and the remaining 90% in 90 days.  

So when are we going to be notified – let me put it this way the BH’s tonight or tomorrow and they are T3 and I believe once they have those emails – if we are in a shotgun start could take 12 – 14 hours to receive our notifications – so we’ll see how that works out for us and how close we are and with what is going on tomorrow and Thursday – it looks like we are right there.

 Remember this – this is the information I’m getting – obviously  we don’t need new intel – we just need the Intel we are getting to come TRUE – and many things have come True – but what is the timing for us – what is our date – we ALL  know this and this is the one thing we’ve not had an accurate predication of – but we are getting closer whether we know about them or notification

From Military contacts major concentration of arrests and is now ongoing here and Internationally and going great guns and they aren’t getting much resistance – do we have enough arrests – yes – and that is enough for us to move forward these accounts are already funded and they just like the bond holders who can see the funds and just need access. And that’s where we are as far as I can tell – especially Wed/Thurs – with some talk about the 17th but that’s next week  are there other things like the Epstein papers and that’s coming out between now and the summer – but when it does it will rattle a lot of people  and that’s all I wanted to say and now Bruce is talking about Sue 

So that’s for sure all the intel he has for us tonight – so am sure he’ll be thanking the whole team Sue and Bob and GCK and Pastor (prayers for him because he had a fall recently) and Jeannie and Larry – and all those very faithful listeners from around the world.   Then praying out the call – so please join with Bruce in those prayers and please dear ones keep praying because it really does sound as if the coming hours and couple of days are really pivotal for us to receive those notifications  – Please pray with the deepest of heartfelt intent – I know you ALL WILL – this Heavenly Blessing is so desperately BUT YOU ALL KNOW THAT.  Love Always Gem.

https://t.me/Bearded_PatriotsUSA/11935

🔥Iraqi Dinar🔥RV at .47 Cents🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

Deputy: Parliament intends to introduce 4 strategic laws in the coming days, 11 JAN

Deputy: Parliament intends to introduce 4 strategic laws in the coming days

Information / Baghdad..
The spokesman for the Al-Sadiqoun parliamentary bloc, Muhammad Al-Baldawi, confirmed on Wednesday that Parliament intends to discuss four very important laws.

Al-Baldawi said in an interview with the Maalouma Agency, “The oil and gas laws will be discussed due to their economic importance, despite the fact that there is a rapprochement between the federal government and the regional government to approve it during the current legislative term.”

He added, “The next legislative term will witness the approval of many important laws, including the Civil Service Law, Intelligence and National Security, after they have fully matured and moved forward with oversight work.”

He pointed out that “resolving important laws is necessary in order to define powers in a way that contributes to drawing clear lines for the work of ministries and government institutions.”

Parliamentary Legal Member Raed Al-Maliki had confirmed in a previous interview with the Al-Ma’louma Agency that the past period did not witness the introduction of important laws on the agenda of the House of Representatives due to the delay occurring.

almaalomah.me

REDEMPTION CENTER PROTOCOL , 11 JAN

 Redemption Center Protocol, XRP Lion: New Ddave XRP Lion – Gotta Know This at Redemption Centre: January 2024 (Must Watch) Trump News | Alternative | Before It’s News (beforeitsnews.com)   https://m.beforeitsnews.com/alternative/2024/01/new-dave-xrp-lion-gotta-know-this-at-redemption-centre-jan-24-must-watch-trump-news-3805719.html

• Everyone who has bought foreign currency or Zim Bonds from a certified dealer will receive an email, text or phone call from Wells Fargo that contains a 800 number to call for your exchange/redemption appointment. This 800 number can be sent to others for their use.
• When you call the 800 number you will be asked questions to confirm your identity.
• They will then route you to a Regional Call Center closest to your home, or to a location of your choice where you will make your appointment.
• Arrive at your appointment no sooner than ten min. before. Your appointment will last around 30 min.
• A Redemption Guide will meet you and help you throughout your appointment as you go through nine stations.
• Station One Know Your Client: present your ID (two picture IDs are recommended). You will be given a Resonance Scan of your Bio-metric vibrations (that will detect the bad guys). If you don’t pass the scan you cannot exchange or redeem.
• Station Two Currency Exchange, Zim Bond Redemption: You will hand over your currency and/or bonds to be verified and counted. It is recommended that you keep pictures of all your currency and bonds in case of questions about their validity. It is also recommended that you have the currency and/or bonds separated and accounted for on a cover sheet so there is no question about what you turned over.
• It is at Station Two where, if you have been given currency or bonds, you will hand over notarized and signed Gift Letters done by whoever gave you the currency or bonds. (If you do not have Gift Letters, you cannot exchange those bonds or currency you were given).
• Also at Station Two you will do your actual exchange. If you have Dinar, ask them for the Contract or Special Rate, whichever is higher. (I have heard the Dinar Special Rate is anywhere from $11 to $17 as compared to the international rate of just over $4).
• Station Three Security Protection: Your own biometric vibration is added to your Quantum Access Account and Quantum Card (QAAC).
• Station Four: You will supply a password and create your own Quantum Access Account and Card.
• Station Five: You will receive a Quantum Computer and Quantum Phone.
• Station Six: You will create your QFS Transfer Accounts.
• Station Seven: You will receive your QAAC ATM card.
• Station Eight: You can request gold/access backed cash, checks and Proof of Funds Letters.
• Station Nine Human Initiative Trust: You can present a 15 to 30 second snap shot of your Humanitarian Project and then a 3 to 10 min. Project presentation. You give them a 3-4 page copy of your project and have them sign and date your second copy that you keep. You will need to tell them how much money you need for your project in the first 90 days, including what it will be used for.
• During your exchange you will be required to sign a Non Disclosure Agreement (NDA). That agreement will normally last 90 days. That NDA is reported, recorded and stored on your account on the Quantum Financial System. Read the NDA carefully before you sign it. If you violate that NDA your QFS account will be frozen and you will lose all of your money.
• https://dinarchronicles.com/2024/01/10/restored-republic-via-a-gcr-update-as-of-january-10-2024/