Russia is directly challenging the UK at all levels... by sending phishing emails, says former UK defense secretary without providing any evidence.

"They’re the ones robbing your granny and my parents with phishing emails," Ben Wallace told the Sky News reporter.

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Nelson Mandela's grandson joins the Freedom Flotilla set to sail to break the Israeli blockade on Gaza.

Brown University joins the student civil disobedience movement for Palestine

Students from Brown University organised a Gaza Solidarity Encampment, joining nationwide student demonstrations against Israeli genocide in Gaza.

BREAKING| University of Southern California's (USC) "Divest from Death" announces that it will start a Gaza Solidarity Occupation, demanding academic boycott and divestment from Israel.

🇮🇱 "DO WHAT IS EXPECTED OF YOU AND BRING US HOME IMMEDIATELY" - Hamas releases footage of 24-year-old Israeli hostage Hersh Goldberg-Polin, pale, thin, and with one arm missing, giving frustrated and teary video message to Netanyahu after more than 200 days in captivity.

Goldberg-Polin lashes out at Israeli PM for spending more time holding lavish lunches and rejecting hostage offers as the young man, and DOZENS of remaining hostages like him, languish in underground HELL after at least 70 killed by their own army's INDISCRIMINATE Air Strikes.

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🇨🇳💰Why is China dumping US Treasuries for gold?

China’s holdings of US Treasury bonds plunged by $22.7 billion in February to $775 billion, according to data released by the US Treasury Department last week. This is not an isolated development. Over the past decade, China has dumped 40% of its US Treasury holdings. Here's what you need to know:

▪️China has been divesting itself of US debt for several years, with its investment in the latter hitting a 14-year low in Oct 2023.

▪️China is minimizing its exposure to the US dollar, seeing how US has weaponized the greenback by freezing and now threatening to confiscate the Russian Central Bank's financial assets.

▪️Instead, China is stockpiling gold, a reserve asset with no counterparty risk. Its gold reserve now stands at 2,235 tons, just a 100-ton shy of Russia’s, according to World Gold Council.

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China continues to buy gold despite rising prices

The new record price for gold does not stop Chinese citizens and the government from buying the metal. The People's Bank of China has been purchasing for 17 consecutive months, which is the longest buying streak in history. In 2022, China bought 218 tons, and last year - 279 tons. Meanwhile, another major gold consumer, India, has reduced purchases by 9%, yielding the top spot to China. The main reasons for such acquisition rates of physical gold include the desire to reduce the share of the dollar in reserves and to hedge the yuan against devaluation.

Investors and the consumer sector are not lagging behind the People's Bank. For wealthy Chinese and companies, gold is a reliable way to preserve their assets. Trading volumes of gold on Chinese exchanges have risen to five-year highs. Gold imports increased by 34% ahead of the Lunar New Year in China, the peak gift-giving season.

Such strong support for the growing market is positively assessed by both speculators and metal producers.

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The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world
https://www.msn.com/en-us/news/other/the-us-is-eyeing-sanctions-that-could-cut-off-some-chinese-banks-from-the-rest-of-the-world/ar-AA1nwU8j

The US is taking sharper aim at Chinese financial institutions, in an effort to stamp out a key source of support for Russia's military production.

Lawmakers in Washington are actively drafting a round of sanctions against such banks, the aim being to completely cut these lenders off from the global financial system...

Although this constitutes a more forceful step than seen before, the ballooning trade between Beijing and Moscow is feared to be helping Russia rebuild its war machine.

While no weapons are exchanged, China has become the lead supplier of essential industrial components, from circuitry to aircraft parts.

New sanctions could go as far as cutting China from accessing the US dollar, the linchpin currency used in global trade.

But it also means risks for Washington, as it could speed up de-dollarization efforts.

Beijing responded to the news by calling the US' approach as "hypocritical," Reuters reported.

"China's right to conduct normal economic and trade exchanges with other countries, including Russia, is inviolable,"...

The communist regime in the Whitehouse are hell bent on destroying America.

US House Passes REPO Act: How Confiscating Russian Assets Could Impact Global Economy
https://thecurrencyanalytics.com/marketmovers/us-house-passes-repo-act-how-confiscating-russian-assets-could-impact-global-economy-110528

In a move that could reshape the dynamics of global finance, the US House of Representatives has greenlit the Rebuilding Economic Prosperity and Opportunity (REPO) Act.

This legislative stride, if fully enacted, could pave the way for the confiscation of over $6 billion worth of Russian assets tucked away in US financial institutions.

At the heart of the matter lies the notion that such actions could significantly accelerate the ongoing trend of de-dollarization, wherein countries seek to reduce their reliance on the US dollar in international transactions.

The act could be perceived as a form of coercion, compelling nations to reconsider the risks associated with holding assets subject to potential seizure at the whim of US policy shifts.

They caution that empowering the government to confiscate assets may destabilize the dollar-dominated global financial framework, potentially triggering unintended economic fallout.

As nations around the world closely monitor these developments, the specter of de-dollarization looms large on the horizon.

Countries previously content to rely on the stability of the dollar are now reevaluating their strategies in light of shifting geopolitical dynamics and the ever-present specter of economic coercion.

Now may be a good time to consider investing in hard assets to protect yourself from what's coming.

Austin, Texas: state troopers are barring students from accessing the other side of the campus.

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🚨🇺🇸BREAKING: TEXAS STATE POLICE DEPLOYED TO UNIVERSITY CAMPUS

Texas State police have arrived in force for Pro-Palestine demonstrations at the University of Texas in Austin.

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🇺🇸 BREAKING: Harvard campus was taken over by anti-genocide protestors.

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University of Texas students chanting “You don’t scare us” and “Get off our campus” to state troopers sent by Gov. Abbott with support of Biden and Democrats.

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Netanyahu addresses USA University anti-genocide protests.

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BREAKING| State troopers crack down on a pro-Palestine protest at the University of Texas.

Credit: @RyanChandlerTV

🇨🇵 PARIS, FRANCE: Students at the SciencesPo campus are setting up an anti-genocide encampment in solidarity with their US counterparts & Palestinians. Europe's student movement officially joins America's.

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🇺🇸 LOS ANGELES - USC - Police assault and arrest peaceful anti-genocide demonstrator.

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🇺🇸 AUSTIN TEXAS - State troopers assault and arrest peaceful anti-genocide student demonstrator at the University of Texas.

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🇺🇸 AUSTIN TEXAS - Students blocking DPS car with detained student inside at the University of Texas.

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