KTFA (Frank26, Petra & Samson)

  In KTFA 

Samson: Russian businessman: The Chinese yuan will affect the status of the dollar

14:30 – 20/04/2021

The great Russian businessman, Oleg Deripaska, suggested the influence of the Chinese digital yuan on the dollar’s position in global trade, and expected that the new Chinese digital currency would witness a great demand.

In a press statement, Deripaska said that the digital yuan will help Russia get out of the sanctions imposed on it, indicating that “in general it is clear that the digital yuan will seriously affect the dollar in global trade, which will help Russia get out of the sanctions circle.”

He added that China has the right to make its digital currency the main currency in the world, noting that “it has the right to do so. By 2026″.

Yesterday, the Chinese central bank announced that it intends to allow foreigners to trade the digital yuan next year 2022, and said, “During the Beijing Winter Olympics, foreign athletes, not just local residents, will be able to use the digital yuan to pay.”   LINK

Samson:  Representative Integrity: Activating e-government will reduce bribery and corruption

11:40 – 20/04/2021

Member of the Parliamentary Integrity Committee, Sabah Talobi, called on Tuesday for the government to accelerate the activation of e-government in all state departments and institutions, as it will reduce bribery and corruption.

Taloubi said in a statement to “the information”, that “activating the e-government aims to simplify procedures, reduce time in dealing with documents, and eliminate the process of bribery and corruption.” He added, “We have called in more than one forum for the government to accelerate the activation of e-government to eliminate corruption gradually.”

He pointed out that “there is a slowdown in the process of curbing the phenomenon of rampant corruption in the departments and institutions of the state,” noting that “the routine of the state departments exhausts the auditors and threatens their forces, as well as asking them to pay a bribe in order to simplify their transactions.”

And a member of the Parliamentary Integrity Committee, Karim Abu Souda, revealed, yesterday, Monday, that the money is expected to combat corruption and reduce it in the country, stressing that the fight against corruption and the recovery of money stolen by the corrupt needs funds.  LINK

Petra: We all know the budget was passed on the 31st and now the clock is ticking and the pressure is on…the heat is getting insurmountable that the CBI has got to make their move.  With that budget passed now all we’re talking about is implementation… Many of the article today they used that word implementation, to implement, implement, begin, get going, let’s move!

Frank26: There’s a new rate coming…there’s no need to talk about printing the currency.  There’s no need talking about the HCL. There’s no need to talk about the white papers...A month ago the articles were saying they lowered the value of our currency…and it’s going to stay that way for 4 years…everybody got discouraged…that’s beyond stupid.  None of that is logical.  Then a little over 2 weeks we told you they were going to talk to you about the 3 zero notes and then they’re going to talk to you about the 3 zero exchange rate.  For the last 2 1/2 weeks articles…are saying they lowered the exchange rate and that was a dumb thing to do and we should increase it...so where’s all the negativity?  It was all garbage.  It was all rumors.

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