H/t reader Squodgy.
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India will roll out nearly 100,000 battery-powered buses and autorickshaws onto its sulphurous city streets in the coming weeks, setting it on the bumpy road to making new vehicle sales all-electric by 2030.
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While the US Dollar remains the most popular global trading and reserve currency, this is rapidly changing. A BRICS backed cryptocurrency may be both the proverbial ‘Dollar buster’ as well as a ‘sanctions buster’.
The Head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has stated that the BRICS may opt to create their own cryptocurrency for the purposes of global commerce.
A cryptocurrency is a digitally based means of exchange wherein the value of said currency is not determined by a central-bank. Most cryptocurrencies can be converted into state-issued currencies (Dollars, Euros, Yuan, etc.) through various foreign exchange services.
Currently, one of the biggest issues facing cryptocurrency development is the fact that they are not backed up by any central bank. However, many also see this apparent disadvantage as a possible opportunity, particularly where unilateral Dollar based sanctions are concerned.
H/t reader kevin a:
“Wow, was waiting for this..”
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Putin reveals ‘fair multipolar world’ concept in which oil contracts could bypass the US dollar and be traded with oil, yuan and gold…
The annual BRICS summit in Xiamen – where President Xi Jinping was once mayor – could not intervene in a more incandescent geopolitical context.
Once again, it’s essential to keep in mind that the current core of BRICS is “RC”; the Russia-China strategic partnership. So in the Korean peninsula chessboard, RC context – with both nations sharing borders with the DPRK – is primordial.
Beijing has imposed a definitive veto on war – of which the Pentagon is very much aware.
During the BRICS Summit in Xiamen, Dmitriev told journalists that Brazil, Russia, India, China and South Africa could develop its own alternative to other payment tools.
“While there is a focus on settlements in national currencies, cryptocurrencies are also being discussed as one of the possible settlement mechanisms,” Dmitriev explained.
At least 30 killed as violence erupts across two states after spiritual leader found guilty of assaulting two female sect members
H/t reader kevin a.
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Late last week, we reported that in the first documented clash between Chinese and Indian soldiers who have been piling up across the border between the two nations over the latest territorial dispute, “Indian and Chinese soldiers were involved in an altercation” in the western Himalayas on Tuesday, “further raising tensions between the two countries which are already locked in a two-month standoff in another part of the disputed border.” A Reuters source in New Delhi who was briefed on the military situation on the border, said Indian soldiers “foiled a bid by a group of Chinese troops to enter Indian territory in Ladakh, near the Pangong lake.” He added that some of the Chinese soldiers carried iron rods and stones, and in the melee there were minor injuries on both sides.
— Alois Irlmaier (@AloisIrlmaier) August 13, 2017
— Nuclear War News (@nukewarnews) August 13, 2017
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In the latest escalation between two nuclear powers (aside for the US and North Korea of course), the Indian Army has ordered the evacuation of a village close to the Doklam India-Bhutan-China tri-junction amid to a standoff between Indian and Chinese solders, India’s News 18 reports. This takes place just days after, as we reported earlier this week, China turned the war threat amplifier up to ’11’ by threatening India (in an article published a Chinese state-controlled newspaper) that it could conduct a “small-scale military operation” to expel Indian troops from a contested region in the Himalayas.
As a reminder, the latest standoff started in June, after Chinese troops started building a road on a remote plateau, which is disputed by China and Bhutan. Indian troops countered by moving to the flashpoint zone to halt the work, with China accusing them of violating its territorial sovereignty and calling for their immediate withdrawal.
It is now almost six weeks since Chinese troops attempted to extend a road on Bhutan’s Dolam Plateau south towards the Jampheri Ridge. Indian troops, deployed at the Indian Army post at Doka La, physically prevented the Chinese from building a road from the “Turning Point” on the Dolam Plateau to the Ridge.
Extension of the road would have endangered the security of the “Siliguri Corridor,” a narrow strip that joins the Indian mainland with India’s northeastern states.
India’s action mentioned above elicited a shrill and vitriolic reaction from China which demanded immediate pullout of Indian troops and threatened war if India did not do so.
Over the last seven years, several billion dollars’ worth of armament has been illegally introduced into Syria – a fact which in itself is enough to disprove the myth according to which this war is a democratic revolution. Numerous documents attest to the fact that the traffic was organised by General David Petraeus, first of all in public, via the CIA, of which he was the director, then privately, via the financial company KKR with the aid of certain senior civil servants. Thus the conflict, which was initially an imperialist operation by the United States and the United Kingdom, became a private capitalist operation, while in Washington, the authority of the White House was challenged by the deep state. New elements now show the secret rôle of Azerbaïdjan in the evolution of the war.
How were the jihadists of Aleppo supplied with Bulgarian weapons?
During the liberation of Aleppo and the capture of the Saudi military staff who were on site, Bulgarian journalist Dilyana Gaytandzhieva noted the presence of weapons from her country in nine warehouses abandoned by the jihadists. She carefully noted the information on the boxes, and once she returned home, she investigated the way in which the weapons had been delivered to Syria.