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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

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In this revealing video, we delve into the harsh realities surrounding the African Union (AU) and expose its shortcomings that have left millions of Africans questioning its true purpose. From the failure to protect the continent's wealth to the lack of unity among its member states, the AU seems to be more of a facade than a force for change. We discuss the failure of the AU to address critical issues such as the exploitation of the Democratic Republic of Congo's resources, the tragic assassination of Colonel Gaddafi, and the ongoing crises in regions like the Sahel, Somalia, and Sudan. Despite being a union, African citizens need multiple visas to travel across the continent while Europeans enjoy free entry. The hypocrisy and inefficiency are staggering.The video also covers the political failures, such as the constitutional coups in Uganda, the negligence during the Rwandan genocide, and the indifference toward the ongoing conflict in Ethiopia and Sudan. We question the role of the AU in maintaining peace and security when it fails to act on the continent's most pressing issues.Join us as we question whether the African Union is a beacon of hope or just a gang of greedy leaders who care more about their personal gains than the well-being of the people. This is a must-watch for anyone interested in the future of Africa.

07:13: Kennedy Peace versus Israeli Conquest
44:10: Israel's Operation Cyanide and Plans for a Nuclear Attack on Egypt
1:03:44: Israel's First 9/11 and the War of Terror
01:31:04: Do We Live in a Democracy?
01:53:17: Israel's Puppet Show
01:54:19: Israel's Second 9/11 and the U.S./Israeli Genocide in Gaza
Follow @TruthTowerPod on X and Visit TruthTower.com.
FAIR USE NOTICE: All third-party material appears under the Fair Use Exception to Copyright Law, 17 U.S. Code S 107.
The Ghosts of Deir Yassin video appears with permission of Phil Monsour.

Premiered January 10th 2021
"The Shift" is about a major internal and external shift taking place within humanity in the last few decades but predominantly the year 2020. It indicates how we are asking more questions, raising our vibration, meditating more, practicing more patience, empathy, awareness and a radical form of self love never seen before. It also talks about the beginning of a New Age that we have entered in on December 21st 2020, Age of Aquarius. The Information Age. The Age of awakening. We can see the inner and outer transformation happening within our life and we are learning to become more intuned with self and balancing our emotions. We are learning to observe not absorb all the things that get thrown at us in our lifetime. Welcome to The Shift.

Follow Zakisha Brown for more music @Zakisha
Produced by Zakisha Brown
Co-Produced by Solitair and William Dinero
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Trumpet Rudy Ray
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Saxophone Mosaxx
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Bass Guitar Joseph
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Videography by @TomxFilm

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Originally released on CTI Records LP "Sunflower" (CTI 6024)
Vibraphone/Songwriter: Milt Jackson
Trumpet: Freddie Hubbard
Bass: Ron Carter
Piano: Herbie Hancock
Harp: Margaret Ross
Percussion: Ralph MacDonald
Producer: Creed Taylor

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Of all the legacy carmakers, Ford Motor Company is best positioned to survive the onslaught of Chinese auto brands. Ford dominates in pickup trucks and commercial vans, industry segments in which Chinese automakers are not yet competitive abroad. They are also the most profitable markets on a per unit basis. The high tariffs and import bans that are designed to keep Chinese models out of North America are of little help to Ford, but serve ironically as a lifeline to Japanese and European companies who exist only as long as the tariffs do.

But Jim Farley, the CEO of Ford Motor, nevertheless is making huge changes at Ford based on his recent experiences in China. In a new strategy, Ford will abandon entirely its ambitions to compete in China in the passenger vehicle markets, and everywhere else in electric vehicles made by Ford's domestic factories. Instead, they will aggressively build new electric vehicle models in light and heavy trucks, designed by their engineers in the US, but produced and distributed by their Chinese joint venture partners.

Resources and links:

Kelly Blue Book, The 25 Best-Selling Cars of 2024 … So Far
https://www.kbb.com/best-cars/....top-10-25-best-selli

Wall Street Journal, What Scared Ford’s CEO in China
https://www.wsj.com/business/a....utos/ford-china-ev-c

Wall Street Journal, Ford Cuts Lightning Output in Latest Sign of EV Downshift
https://www.wsj.com/business/a....utos/ford-to-cut-pro

Wall Street Journal, A Chinese Phone Maker Did Something Apple Couldn’t: Make an EV
https://www.wsj.com/business/a....utos/a-chinese-phone

New Report: SUVs, Ford F-series, Toyotas are 2023’s bestselling cars in America
https://insurify.com/car-insur....ance/insights/bestse

Americans Review The BYD Shark Plug-In Hybrid Pickup And Love It
https://insideevs.com/news/733....031/americans-review

Motor Trend, It's No Mystery Why the F-150 Lightning EV Isn’t Selling Like Ford Hoped
https://www.motortrend.com/new....s/ford-f-150-lightni

Reuters, Changan Ford Motor to set up electric car JV with Chongqing Changan Auto
https://www.reuters.com/market....s/deals/changan-ford

Investors Business Daily, Ford's China Partner Makes Bold EV Move In World's Top Auto Market
https://www.investors.com/news..../fords-china-partner

Closing scene, Gaoyi Mountain Scenic Area, Chenzhou, Hunan Province

the Islamic slave trade, also known as the Trans-Saharan and Indian Ocean slave trades, played a significant role in African history. It began in the 7th century after the rise of Islam and continued for over a thousand years. Okunini John Azumah exposes the legacy of the Arab-Islam slave trade in Africa. ✊🏾The Black Africa Book StoreBuy the hardcover version of this coffee table book on authentic African history.Thanks for supporting Us : https://blackafricabooks.orgDownload a free Ebook version of "Black Africa : An Illustrated History"https://mailchi.mp/historiaafr....icana/historia-afric authentic African history (Join and Share). No ads and No anti-black censorshiphttps://www.blackstream.io 💖Our Websitehttps://historiaafricana.org🗣️ Let's Extend the Discussion----------------------------Discuss authentic African history with like minded people. Join our discord server with this invitation code. https://discord.gg/JTjgFVGB3G💖 Support Our Channel------------------------Patreon Page (Extra video content) : https://patreon.com/HistoriaAf....ricanaYoutubeChannel me a coffee : I spend a lot of late nights creating videos. Support my efforts :) https://www.buymeacoffee.com/h....istoriaafricanachann music and sound effectshttps://share.epidemicsound.com/01ghlx🎥 Video Copyright Disclaimer: All materials in these videos are used for entertainment purposes and fall within youtube's guidelines of fair use. No copyright infringement was intended in the making of this video. If you are, or represent, the copyright owner of materials used in this video, and have an issue with the use of said material, please send an email to subscribe@historiaafricana.org