China is pushing Hong Kong as a global hub for Stablecoins, which are digital currencies backed by fiat money.

Western analysts correctly point out that China, uniquely among large economies, is aggressively building out the financial infrastructure and regulation for digital currencies, issued by the central bank. But these analyses err on a major point: the stablecoins issued by Hong Kong institutions will not be China-yuan denominated, as they assume. Instead, they will be denominated in US dollars, and will be a powerful driver of economic growth to the benefit of the Chinese financial system, and without exposing their own currency to outside speculators, seizure, or debt issuance.

To see how this may play out, consider the explosive growth of Tether, a stablecoin with stated US dollar reserves of $116 billion and 1-to-1 parity with the US dollar. The sudden rise and global acceptance of Tether serve as a playbook for Chinese banking regulators, who are sitting on nearly $4 trillion in US dollar reserves, with hopes to deploy these deep capital pools but without exposure to the Western banking system.

Resources and links:

Reuters, Tether's $100 billion stokes stablecoin stability concerns
https://www.reuters.com/techno....logy/tethers-100-bln

Learn how Tether (USDT) Makes Money
https://www.markets.com/educat....ion-centre/how-tethe
Inside the Russian Shadow Trade for Weapons Parts, Fueled by Crypto

Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
https://coingeek.com/hong-kong....-to-increase-digital

Tether’s Ascent: Breaking Down the Dominant Stablecoin's Growth
https://coinmetrics.substack.c....om/p/state-of-the-ne

Forbes, The House Bans The Fed From Building A CBDC Like The Digital Yuan
https://www.forbes.com/sites/d....igital-assets/2024/0

Reuters, What and where are Russia's $300 billion in reserves frozen in the West?
https://www.reuters.com/world/....europe/what-where-ar

China contends for the central position in the global economy
https://merics.org/en/6-china-....contends-central-pos

ASEAN: The ultimate winner of a China-US rivalry (Part I)
https://www.thinkchina.sg/econ....omy/asean-ultimate-w

Tether Stablecoin Home Page
https://tether.to/en/

Closing scene, Hong Kong

Two of Nana Kamau Kambon's favorite songs: Stella by Starlight and Stardust

Poetry

Presented for historical reference.French title, Chez les TouaregsScenes of a Touareg village show the tribe's women, boys posing and fighting, two men fighting with sticks and wrestling, the tying of a turban, equipping and mounting the camels, the parade of a caravan, demonstrating an assault on a colonial courier, a "Fantasia" parade, horsemen riding toward the camera with their guns blazing, and a mother and child playing with a kitten. From the US Library if Congress.“The Tuareg people (/ˈtwɑːrɛɡ/; also spelt Twareg or Touareg; endonym: Kel Tamasheq, Kel Tagelmustare a large Berber ethnic confederation. They principally inhabit the Sahara in a vast area stretching from far southwestern Libya to southern Algeria, Niger, Mali and Burkina Faso. Traditionally nomadic pastoralists, small groups of Tuareg are also found in northern Nigeria.The Tuareg speak the Tuareg languages (also known as Tamasheq), which belong to the Berber branch of the Afroasiatic family.The Tuaregs have been called the "blue people" for the indigo-dye coloured clothes they traditionally wear and which stains their skin. A semi-nomadic Muslim people, they are believed to be descendants of the Berber natives of North Africa. The Tuaregs have been one of the ethnic groups that have been historically influential in the spread of Islam and its legacy in North Africa and the adjacent Sahel region.Tuareg society has traditionally featured clan membership, social status and caste hierarchies within each political confederation. The Tuareg have controlled several trans-Saharan trade routes and have been an important party to the conflicts in the Saharan region during the colonial and post-colonial era.” — Wikipedia

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10 Nov 2024 #mkparty welcome to SABC News ...in this hour we are in conversation with MK Party National Organiser Floyd Shivambu...on a range of issues... Newly appointed MK Party SG Floyd Shivambu speaks to SABC News political Editor Mzwandile Mbeje

For more, visit ⁣mkparty.org.za and ⁣#mkparty on all Social Media platforms.


People mentioned2 people



Floyd ShivambuSouth African politician (born 1983)




Jacob ZumaPresident of South Africa from 2009 to 2018

⁣#colourism #colourism
In this video, we're going to explore Colourism in the Black Community. Colourism is a systematic oppression and discrimination based on skin color.

Colourism in the black community is real and it's something you need to be aware of. This video will help you understand the issue and what you can do to help fight it. So don't stay silent any longer, learn about Colourism in the Black Community and take action to end it!

If you're LIKING the content don't forget to SUBSCRIBE & SHARE with a friend. 😍

🎉🎉🎉LINK TO RESOURCES:🎉🎉🎉
https://online.thedestinationafrica.com/colourism
Get your FREE download HERE!

Follow Us on Instagram - https://www.instagram.com/destafricagrp/
Follow Us on Facebook - https://www.facebook.com/destafricagrp/
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Youtube Documentary Coming Soon

#anthonybrowder #drmaat #blackhistory #africanhistory #consciousness #hometeamhistory #kemet #christianity

INTRO/OUT SONG
"Truth to Power"- by The Paradigm Shift (Amadaye The Apostle & Genesys Dayz)

Here is the link to the full song: https://www.reverbnation.com/amadayetheapostle/song/32112869-truth-to-power?fb_og_action=reverbnation_fb:unknown&fb_og_object=reverbnation_fb:song&player_client_id=j29dsi7kl&utm_campaign=a_public_songs&utm_content=reverbnation_fb:song&utm_medium=facebook_og&utm_source=reverbnation_fb:unknown

ANTHONY BROWDER'S WEBSITE
https://ikgculturalresourcecenter.com/

GET EDUCATIONAL PRODUCTS FOR YOUR CHILDREN HERE:
https://edanimeproductions.com/shop

CONNECT WITH ME ON FACEBOOK: https://facebook.com/droyaadwoamaat

EMAIL ME:
dr.maat.msu@gmail.com

The African Caribbean Institute of Jamaica presents its first hybrid events since reopening to the public in April 2022. This lecture will be presented by Dr. Anthony Richards.

Senegal & Chad CLAP BACK at France
S U P P O R TCash App - $NelsonAmadeusPayPal- GlobalHitsWorld@gmail.comEMAIL - KingNeferkare@gmail.comTwitter @NTDessalinesInstagram @NelsonAmadeusTURN ON POST NOTIFICATIONS.

Hosted by RADA TV Channel: a friend to every farmer
http://www.youtube.com/user/ea....tjamaican101?feature
Public Queries: 1 888 ASK RADA

James Monroe vs King Henry Christophe of the Kingdom of Haiti
S U P P O R TCash App - $NelsonAmadeusPayPal- GlobalHitsWorld@gmail.comEMAIL - KingNeferkare@gmail.comTwitter @NTDessalinesInstagram @NelsonAmadeusTURN ON POST NOTIFICATIONS.

⁣Mhenga Thomas Sankara Documentary

Power and Powerlessness explained by Okunini Amos Wilson

Editor's note: Viewers are advised that some of the images and testimony of victims in this episode of People & Power are deeply disturbing.

Almost two decades ago, when Sierra Leone was in the grip of a brutal civil war, troops from Nigeria (operating under the auspices of the Economic Community of West African States ECOWAS and its Military Observer Group ECOMOG) were deployed to protect civilians from rebel forces in the capital Freetown.

But instead, some of the peacekeepers turned on those they were meant to safeguard, committing atrocities that were captured on camera by a journalist, Sorious Samura, and later included in Cry Freetown, a landmark documentary about the conflict that shocked the world.

At the end of hostilities in 2002, a special United Nations-funded tribunal was established to "prosecute persons who bear the greatest responsibility for serious violations of international humanitarian law and Sierra Leonean law," but in reality it only focused on the actions of combatants during the war - the alarming brutality of the Nigerian soldiers was never addressed.

Now Samura's harrowing footage has become central to a remarkable attempt by an international group of lawyers to finally get justice and redress for the victims.

#stolen #ritual #christianity #snake #vaticano
STOLEN Rituals come from some misty ancient source. We learn that they are from the first of all men, who came From Cradle of Civilization. It is essential that this source be identified. These Stolen Rituals are now heavily watered down. Most of them come from the one and only ancient race. Which race is that? Before we share matters of the rituals let us answer some questions,
1. What is a Ritual?
2. Who were the first of all men?
3. Which rituals?
4. Who stole them?
There are doctrines known and practiced today in Christianity, Judaism and Islam whose origin is hidden by their theologians and leaders. These doctrines have been overlooked, deliberately distorted and disregarded by modern Christians Muslims and Black Hebrews, YET as shown by the Vatican images above Their leaders have actively determined to suppress these and many other concepts – The reality has been debased as an esoteric teaching – One vital Key is to Know that different orders of angels are to be identified with our ancient gods and ancestors as well as stars and planets. May the Gods appear! It is time to search and find then put them to work as quickly as yesterday. Share Watch again and again Then comment and subscribe.
Email us on join@maarifado.com
Website https://www.maarifado.com

⁣Ɔbenfo Ọbádélé Kambon - NATAV Interview

Le Président du Faso, le Capitaine Ibrahim Traoré, a reçu la visite des élèves du Complexe scolaire Marie-Gabrielle-Choulet 1 le 29 novembre 2024 à son pied-à-terre à Bobo-Dioulasso. C'était en marge de l'inauguration de l'usine de transformation de tomates.
#capitaineibrahimtraoré #burkinafaso

Guyanese Creolese has its foundation in African Languages. Many of our words can be traced back to their African Origin. In this video, we look at the word "deh" and its origin in the igbo language.

Label: BHM (Brobisco House Of Music) – KBL 131
Format: Vinyl, LP
Country: Ghana
Released: 1981
Genre: Folk, World, & Country
Style: Highlife

You can always visit our website : https://www.afrosunny.com/ for more African music.

Tracklist

A Mene Wo Asetena (Medley)
B Bo Me Dua Ma Menwu

Phonographic Copyright ℗ – Brobisco
Manufactured By – Ambassador Records Manufacturing Co. [A.R.M.C.]
Made By – Record Manufacturers (Ghana) Ltd. [R.M.G.L.]
Recorded At – Ghana Films Studios Accra

Design – E. E. Lamptey
Engineer – A. Acher, F. Kwakye
Lead Vocals – Alex Konadu
Producer – A. K. Brobbey

* All materials presented on this channel are copyrighted by their respective copyright owners, and are subject to use for INFORMATIONAL PURPOSES ONLY! SUPPORT THE MUSICIANS, BUY THEIR MUSIC!** If you (being a musician or a copyright owner) don't approve your music material to be presented on this channel (or would like any additional info to be published), please contact me (via my Youtube channel ) and I'll remove it in seconds (or add necessary info)!Thank you in advance for your understanding!