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Mumbai’s street dogs get some lovin’ | DW
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Seguy Art Deco Designs 88
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SETting trees
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Reserve Currency part 2
Before the yuan can become a global currency, it must first be successful as a reserve currency. That would give China the following benefits:
The yuan would be used to price more international contracts. China exports a lot of commodities that are traditionally priced in U.S. dollars. If they were priced in yuan, China would not have to worry so much about the dollar’s value.
All central banks would have to hold yuan as part of their foreign exchange reserves. The yuan would be in higher demand. That would lower interest rates for bonds denominated in yuan.
Chinese exporters would have lower borrowing costs.
China would have more economic clout in relation to the United States.
It would support President Jinping’s economic reforms.
China is working hard to make the yuan the next global currency. Although presently a reserve currency, the yuan can’t upstage the U.S. dollar unless the following scenarios happen:
Central banks around the world choose to keep a total of at least $700 billion worth of yuan in foreign exchange reserves.
The People’s Bank of China (PBOC) allows free trade of the yuan and relaxes its peg to the U.S. dollar.
The PBOC becomes straightforward about its future intentions with the yuan.
China’s financial markets turn transparent.
Chinese monetary policies are perceived as stable.
The yuan acquires the U.S. dollar’s reputation of stability, which is backed by the enormity and liquidity of U.S. Treasurys. -
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Yellow Warbler Coloring Page
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Follow the Russia-Ukraine Monitor Map
From Bellingcat:
“The Russia-Ukraine Monitor Map is a crowdsourced effort by Centre for Information Resilience (CIR) and the wider open source community to map, document and verify significant incidents during the conflict in Ukraine. Its aim is to provide reliable information for policymakers, journalists as well as justice and accountability bodies about the evolving situations both on-the-ground and online. Bellingcat and the Conflict Intelligence Team have also begun to contribute to the map in recent days. All content reviewed for this project has been collected and submitted to Mnemonic for preservation.“
“At CIR we began mapping out verified incidents surrounding the build-up of Russian troops, and later the beginning of the conflict in Ukraine, so that as many people as possible could have access to reliable, accurate information about what is going on and to boost the integrity of the information environment.”
“The map is publicly viewable on both desktop and mobile and, as of 24 February, has had almost 500,000 views. It had also logged more than 570 items to give an up to date, detailed view of what is happening in Ukraine. Click the link below form more.”
https://www.bellingcat.com/news/2022/02/27/follow-the-russia-ukraine-monitor-map/
Bellingcat is an independent international collective of researchers, investigators and citizen journalists using open source and social media investigation to probe a variety of subjects – from Mexican drug lords and crimes against humanity, to tracking the use of chemical weapons and conflicts worldwide. With staff and contributors in more than 20 countries around the world, we operate in a unique field where advanced technology, forensic research, journalism, investigations, transparency and accountability come together.
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DW Documentary – Taiwan vs. China – The rocky road to democracy
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Seguy Art Deco Designs 89
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BW tree
