CNBC: Digital currencies will be the future of financial systems in Russia, Russia’s central bank governor, Elvira Nabiullina, told CNBC.
“I think it’s the future for our financial system because it correlates with this development of digital economy,” she said.
“and that no one may buy or sell except one who has [a]the mark or the name of the beast, or the number of his name.” Rev. 13:17
She also weighed in on U.S. sanctions, which she described as a “persistent risk” for Russia.
“De-dollarization” is part of a broad policy to manage foreign currency risks, Nabiullina said. (Reporting by Kanishka Singh in Bengaluru; Editing by Tom Hogue) Read More
President-elect Isaac Herzog and his wife Michal with Prime Minister Benjamin Netanyahu
JPost: Jewish Agency chairman Isaac Herzog will be the 11th president of the State of Israel after he received 87 votes from MKs in a secret ballot vote in the Knesset plenum.
Herzog’s opponent, Israel Prize-winning educator Miriam Peretz, received 27 votes and three MKs abstained. Had she been elected, Peretz would have become Israel’s first woman president.
It was the largest victory in any presidential election in Israel’s history. Herzog will take over for President Reuven Rivlin when his term ends on July 9. Read More
Zero Hedge: Despite the concerns about digital privacy being invaded by the “vaccine passports” that Europe has demanded of travelers, the EU is pressing ahead with plans to launch a “digital wallet” that would carry digital copies of a drivers’ license and credit cards (sort of like Apple Pay does) as Europe continues its transition away from cash.
“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads” Rev. 13:16
According to the FT, the EU is preparing to unveil its plans for the bloc-wide “digital wallet” on Wednesday. The product is the result of what Brussels described as several states’ demands for the EU to create a digital tool to access important records and other products and services via the smartphone. Read More
Arutz Sheva: 17 Democratic Senators have written to US Secretary of State Antony Blinken urging him to press Israel to allow into the Gaza Strip materials needed for reconstruction and humanitarian aid, Barak Ravid of Axios reported on Tuesday. The effort is led by Chris Van Hollen (D-MD).
“Because the Lord has sworn: the Lord will have war with Amalek from generation to generation.” Exodus 17:16
The US, Egypt, Qatar and others have committed to rebuilding Gaza as well as providing humanitarian aid but Israel is threatening to hold up that process.
Israel has told the US and Egypt, according to Ravid’s report, that it won’t allow the reconstruction to begin unless progress is made on securing the release of Israeli citizens held by Hamas as well as the bodies of Israeli soldiers. Read More
LifeSite News: A UN agency is again immersed in controversy for a recent report suggesting there is no conclusive evidence that children exposed to pornography are harmed.
“But whoever causes one of these little ones who believe in Me to sin, it would be better for him if a millstone were hung around his neck, and he were drowned in the depth of the sea. Matthew 18:6
The report published by the UN Children’s Fund (UNICEF) addresses how government policy can be used to protect children from harmful, abusive and violent content online. Its conclusion is based on a European study of 19 EU countries that found in most countries, most children who saw pornographic images were “neither upset nor happy.” In fact, the report UNICEF relies on says that 39 percent of Spanish children were happy after seeing pornography.
Porn fighters disagree with the UNICEF data. “UNICEF’s report ignores the vast body of research demonstrating the harms of pornography to children. By ignoring the real harms pornography can have, UNICEF is playing roulette with children’s health and safety,” said Lisa Thompson, vice president and director of the Research Institute at the National Center on Sexual Exploitation. Read More
LifeSite News: The United States Embassy to the Holy See is flying a colorful flag this month, but it’s not Old Glory. Today the U.S. Embassy to the Vatican announced over Twitter that it is celebrating “Pride Month” by exhibiting the bright rainbow stripes of the gay liberation movement.
“For this cause God gave them up unto vile affections: for even their women did change the natural use into that which is against nature” Romans 1:26 KJV
Tweeting a photo of the flag hanging from the balcony of its building in Rome, an Embassy representative wrote, “The U.S. Embassy to the Holy See celebrates #PrideMonth with the Pride flag on display during the month of June. The United States respects the dignity and equality of LGBTQI+ people. LGBTQI+ rights are human rights.” Read More
PJ Media: It was supposed to be heartbreaking: on Friday, the New York Times published a front-page series of photos with the headline “They Were Just Children,” little Palestinian Arab children who had supposedly been murdered by the evil Israeli war machine during the latest round of Hamas jihad attacks.
“Beloved, believe not every spirit, but try the spirits whether they are of God: because many false prophets are gone out into the world.” 1 John 4:1 KJV
The only problem was that one of the photos, prominently featured on the top row, was of a little girl whom Palestinian Arab propagandists, using the very same photo, had reported murdered by the Israelis in January 2017.
It was just the latest example of the fact that Israel’s atrocities are so many and so brazen that Palestinians have to fabricate evidence of them – and the establishment media eagerly plays along. Read More
Zero Hedge: A Black Lives Matter chapter founder in Minnesota has resigned, claiming that the organization isn’t concerned about helping black communities or helping improve the education quality in Minneapolis, according to a video published last week.
Rashard Turner, the founder of a Black Lives Matter chapter in neighboring St. Paul, said he started the branch in 2015 but became disillusioned roughly a year after becoming “an insider” within the left-wing organization, according to a video released by TakeCharge—a group that rejects various provisions promoted by Black Lives Matter, including critical race theory-linked claims that the United States is inherently racist.
“After a year on the inside, I learned they had little concern for rebuilding black families, and they cared even less about improving the quality of education for students in Minneapolis,” Turner said in the video.
Oil Price: According to senior political and economic sources who work closely with the current Iranian government exclusively spoken to by OilPrice.com last week, the U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector.
However, Supreme Leader, Ali Khamenei, and the senior figures of the Islamic Revolutionary Guards Guard Corp (IRGC) are also demanding the additional removal of individuals and their businesses from the U.S.’s sanctions list. Although Khamenei (fully supported by the senior IRGC generals) has repeatedly stated that Iran will not – and legally is not required to – renegotiate any elements of the Joint Comprehensive Plan of Action (‘nuclear deal’) from which the U.S. unilaterally withdrew in May 2018, the Iran sources believe that they may yield on this intransigent stance.
“Tehran may be folding, with nationwide power outages and rising food shortages, rising inflation and depreciation of the rial raising the prospect of widespread civil unrest across the country,” one of the Iran sources said last week.
Despite the comments of many who have never traded anything in the financial markets (corroborated by those who have but who are talking up their own long crude positions) that there will be little effect on the oil price when at least 2.5 million barrels per day of Iranian crude oil returns to the market, this is highly unlikely to be the case.
The fact that global trading giant Goldman Sachs is still targeting Brent crude oil to hit US$80 per barrel at some point this year, however, is significant… Read More
