Sunday, April 30, 2023
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Friday, April 21, 2023
"Ye go to law one with another"
https://www.yumpu.com/en/document/read/26155805/lawsuit-over-adventistpdf-sdadefend
Dare any of you, having a matter against another, go to law before the unjust, and not before the saints?
Do ye not know that the saints shall judge the world? and if the world shall be judged by you, are ye unworthy to judge the smallest matters?
Know ye not that we shall judge angels? how much more things that pertain to this life?
If then ye have judgments of things pertaining to this life, set them to judge who are least esteemed in the church.
I speak to your shame. Is it so, that there is not a wise man among you? no, not one that shall be able to judge between his brethren?
But brother goeth to law with brother, and that before the unbelievers.
Now therefore there is utterly a fault among you, because ye go to law one with another. Why do ye not rather take wrong? why do ye not rather suffer yourselves to be defrauded?
Nay, ye do wrong, and defraud, and that your brethren.
Know ye not that the unrighteous shall not inherit the kingdom of God? Be not deceived: neither fornicators, nor idolaters, nor adulterers, nor effeminate, nor abusers of themselves with mankind,
Nor thieves, nor covetous, nor drunkards, nor revilers, nor extortioners, shall inherit the kingdom of God.
And such were some of you: but ye are washed, but ye are sanctified, but ye are justified in the name of the Lord Jesus, and by the Spirit of our God.
1 Corinthians 6:1-11.
Wednesday, April 19, 2023
Tuesday, April 18, 2023
Sunday, April 16, 2023
Saturday, April 15, 2023
Friday, April 14, 2023
Wednesday, April 12, 2023
Tuesday, April 11, 2023
The Digital Currency Monetary Authority (DCMA) Launches an International Central Bank Digital Currency (CBDC)
NEWS PROVIDED BY
Digital Currency Monetary Authority
Apr 10, 2023, 09:27 ET
WASHINGTON, April 10, 2023 /PRNewswire/ -- Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.
Apr 10, 2023, 09:27 ET
WASHINGTON, April 10, 2023 /PRNewswire/ -- Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.
International Monetary Fund Spring Meetings 2023
Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.
Banks can attach SWIFT Codes and bank accounts to a UMU digital currency wallet and transaction SWIFT-like cross-border payments over digital currency rails completely bypassing the correspondent banking system at best-priced wholesale FX rates and with instantaneous real-time settlement.
In an IMF interview with Tobias Adrian, Financial Counsellor at the International Monetary Fund, he states "Cross-border payments can be slow, expensive, and risky. In today's world of payments, counterparties in different jurisdictions rely on costly trusted relationships to offset the lack of a common settlement asset together with common rules and governance. But imagine if a multilateral platform existed that could improve cross-border payments—at the same time transforming foreign exchange transactions, risk sharing, and more generally, financial contracting."
According to Darrell Hubbard, the Executive Director of the DCMA, and the chief architect of UMU, "This vision expressed by the IMF is the exact solution the DCMA is delivering to central banks worldwide."
Adopting a global localization public monetary system architecture, UMU can be configured to operate according to the central banking regulations of each participating jurisdiction.
George Walker, a Partner at Practus, LLP, specializing in international law, facilitated meetings between the DMCA and the IMF, states "Although the IMF has not officially endorsed Universal Monetary Unit, in reviewing the DCMA's Whitepaper and in weekly team discussions, the IMF has yet to state any objections to UMU's FX premium rates and its monetary sovereignty approach."
According to Darrell, "UMU is not attempting to disrupt the international monetary system. If fact, it strengthens it by helping the IMF achieve its stated mandate to provide economic and financial stability to its member states. UMU is a game-changer in how cross-border payments are transacted and mitigates against seasonal and systemic local currency depreciation."
Universal Monetary Unit Model Law legislation has been drafted in collaboration with several sovereign states. In this proposed legislation, UMU should not be enacted as legal tender for negotiating domestic prices or international trade agreements. Instead, the legislation proposes UMU to be enacted as a complementary money commodity for the store of value, mitigating against potential seasonal and systemic local currency depreciation, and tendered as a payment currency at the time of settlement.
Merchants and trading partners could accept UMU for the equivalent market value for their good and services priced in any national legal tender. UMU has premium exchange rates built into its wallet and can convert any settlement currency amount to the equivalent UMU amount.
Universal Monetary Unit is cryptocurrency reimagined from the ground up to support central banking and regulated financial institutions. It features a trusted consensus protocol, Staked Proof of Trust (SPOT) Protocol, and a multi-dimensional DLT (mDLT) capable of supporting any asset or liability ledger enabling full-service digital banking and international trade payments.
The DCMA introduces Universal Monetary Unit as Crypto 2.0 because it innovates a new wave of cryptographic technologies for realizing a digital currency public monetary system with a widespread adoption framework encompassing use cases for all constituencies in a global economy.
About the Digital Currency Monetary Authority (DCMA) –
The DCMA is a world leader in the advocacy of digital currency and monetary policy innovations for governments and central banks. Membership within the DCMA consists of sovereign states, central banks, commercial and retail banks, and other financial institutions.
Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.
Banks can attach SWIFT Codes and bank accounts to a UMU digital currency wallet and transaction SWIFT-like cross-border payments over digital currency rails completely bypassing the correspondent banking system at best-priced wholesale FX rates and with instantaneous real-time settlement.
In an IMF interview with Tobias Adrian, Financial Counsellor at the International Monetary Fund, he states "Cross-border payments can be slow, expensive, and risky. In today's world of payments, counterparties in different jurisdictions rely on costly trusted relationships to offset the lack of a common settlement asset together with common rules and governance. But imagine if a multilateral platform existed that could improve cross-border payments—at the same time transforming foreign exchange transactions, risk sharing, and more generally, financial contracting."
According to Darrell Hubbard, the Executive Director of the DCMA, and the chief architect of UMU, "This vision expressed by the IMF is the exact solution the DCMA is delivering to central banks worldwide."
Adopting a global localization public monetary system architecture, UMU can be configured to operate according to the central banking regulations of each participating jurisdiction.
George Walker, a Partner at Practus, LLP, specializing in international law, facilitated meetings between the DMCA and the IMF, states "Although the IMF has not officially endorsed Universal Monetary Unit, in reviewing the DCMA's Whitepaper and in weekly team discussions, the IMF has yet to state any objections to UMU's FX premium rates and its monetary sovereignty approach."
According to Darrell, "UMU is not attempting to disrupt the international monetary system. If fact, it strengthens it by helping the IMF achieve its stated mandate to provide economic and financial stability to its member states. UMU is a game-changer in how cross-border payments are transacted and mitigates against seasonal and systemic local currency depreciation."
Universal Monetary Unit Model Law legislation has been drafted in collaboration with several sovereign states. In this proposed legislation, UMU should not be enacted as legal tender for negotiating domestic prices or international trade agreements. Instead, the legislation proposes UMU to be enacted as a complementary money commodity for the store of value, mitigating against potential seasonal and systemic local currency depreciation, and tendered as a payment currency at the time of settlement.
Merchants and trading partners could accept UMU for the equivalent market value for their good and services priced in any national legal tender. UMU has premium exchange rates built into its wallet and can convert any settlement currency amount to the equivalent UMU amount.
Universal Monetary Unit is cryptocurrency reimagined from the ground up to support central banking and regulated financial institutions. It features a trusted consensus protocol, Staked Proof of Trust (SPOT) Protocol, and a multi-dimensional DLT (mDLT) capable of supporting any asset or liability ledger enabling full-service digital banking and international trade payments.
The DCMA introduces Universal Monetary Unit as Crypto 2.0 because it innovates a new wave of cryptographic technologies for realizing a digital currency public monetary system with a widespread adoption framework encompassing use cases for all constituencies in a global economy.
About the Digital Currency Monetary Authority (DCMA) –
The DCMA is a world leader in the advocacy of digital currency and monetary policy innovations for governments and central banks. Membership within the DCMA consists of sovereign states, central banks, commercial and retail banks, and other financial institutions.
https://dcma.io
About Universal Monetary Unit (UMU) –
Universal Monetary Unit (UMU), also known as Unicoin, is an innovation in store of value cryptography powered by artificial intelligence (AI). It adopts a central banking monetary policy framework to ensure it has continuous purchasing demand, minimal price volatility, and annual asset pricing targets.
A copy of the UMU Whitepaper is available on its website.
https://umu.cash
Contact:
Ruth Marshall
7043035359
356933@email4pr.com
SOURCE Digital Currency Monetary Authority
Source
About Universal Monetary Unit (UMU) –
Universal Monetary Unit (UMU), also known as Unicoin, is an innovation in store of value cryptography powered by artificial intelligence (AI). It adopts a central banking monetary policy framework to ensure it has continuous purchasing demand, minimal price volatility, and annual asset pricing targets.
A copy of the UMU Whitepaper is available on its website.
https://umu.cash
Contact:
Ruth Marshall
7043035359
356933@email4pr.com
SOURCE Digital Currency Monetary Authority
Source
Monday, April 10, 2023
CATO Institute: CBDC the 'Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act'
by Terence Zimwara
CATO Institute: CBDC the 'Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act'
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening the financial system with the CBDC, the document said the U.S. Congress “should explicitly prohibit” its issuance.
CBDCs a Threat to Financial Privacy
A policy analysis document released on April 4 by the CATO Institute warns that a central bank digital currency could be detrimental to the American people. To support this assertion, the analysis document points to the two-thirds of the 2,052 comment letters sent to the U.S. Federal Reserve that oppose plans to launch a CBDC.
Authored by Nicholas Anthony and Norbert Michel, the policy analysis document also lists some of the concerns about CBDCs that have been raised and how the associated risks make the CBDC unsuitable for Americans. As seen in the document, one key concern raised by CBDC opponents is the threat this poses to Americans’ right to financial privacy.
“Laws designed to counter-terrorism, deter money laundering, and collect taxes largely provide the government with the ability to conduct unchecked surveillance over financial information. Nonetheless, a CBDC could spell doom for what little protection remains because it would give the federal government complete visibility into every financial transaction by establishing a direct link between the government and each citizen’s financial activity,” the analysis document stated.
While attaining this feat is something the U.S. government may want to do, the authors assert that the issuance of the CBDC would amount to what they call the “single largest assault to financial privacy since the creation of the Bank Secrecy Act and the establishment of the third-party doctrine.”
US Congressional Intervention Sought
Besides being a threat to citizens’ right to privacy as guaranteed by the U.S. constitution, Anthony and Michel claimed that a CBDC is likely to be a threat to financial freedom as well. They said:
A CBDC would provide countless opportunities for the government to control citizens’ financial transactions. Such control could be preemptive (prohibiting and limiting purchases), behavioural (spurring and curbing purchases), or punitive (freezing and seizing funds).
The policy document also suggested that a CBDC will pose a threat to free markets and will give cybercriminals “a prominent platform on which to focus their efforts.”
To prevent the U.S. Federal Reserve from creating these risks, the two authors recommend that the U.S. Congress “should explicitly prohibit” the U.S. Treasury and central bank from issuing digital currency in any form. This can be done by amending Section 13 of the Federal Reserve Act and by limiting the U.S. “Treasury’s authority to expand existing offerings.”
The authors also recommend that the U.S. Congress must “require that the Fed’s compliance with the Depository Institutions Deregulation and Monetary Control Act’s cost recovery provisions be subject to regular audits by third parties.”
Source
Sunday, April 09, 2023
Saturday, April 08, 2023
Friday, April 07, 2023
Thursday, April 06, 2023
Guterres calls for world ‘united in peace’ as Ramadan, Easter, Passover coincide
UN video
Reem Abaza of UN News speaks with Secretary-General António Guterres about his annual Ramadan solidarity visits.
5 April 2023
Reem Abaza of UN News speaks with Secretary-General António Guterres about his annual Ramadan solidarity visits.
5 April 2023
Migrants and Refugees
The UN chief has called for people of faith worldwide to “join their voices in a common prayer for peace”, as the holy festivals of Ramadan, Easter and Passover coincide this week.
Secretary-General António Guterres issued his plea for peace acknowledging that it is “dramatically lacking” in many parts of the world, during an interview with UN News’s Arabic service, ahead of what has now become an annual visit for him, to a Muslim country beset by challenges, during the holy month of Ramadan.
“I think this is the moment for us to be all united for peace. Peace is the most precious thing that we can have in the world”, Mr. Guterres said.
The UN chief has called for people of faith worldwide to “join their voices in a common prayer for peace”, as the holy festivals of Ramadan, Easter and Passover coincide this week.
Secretary-General António Guterres issued his plea for peace acknowledging that it is “dramatically lacking” in many parts of the world, during an interview with UN News’s Arabic service, ahead of what has now become an annual visit for him, to a Muslim country beset by challenges, during the holy month of Ramadan.
“I think this is the moment for us to be all united for peace. Peace is the most precious thing that we can have in the world”, Mr. Guterres said.
Precious peace
“So, this is the moment to come together and for those that believe in God (in) different ways, with different expressions, to join their voices in a common prayer for peace.”
The UN chief began his tradition of paying a solidarity visit during Ramadan, while he was High Commissioner for Refugees, running the refugee agency UNHCR – a job he held for ten years, before taking up the UN’s top job in 2017.
“The majority of the refugees were Muslim, and the majority of the communities hosting refugees with enormous generosity and solidarity, were Muslim”, he told UN News’s Reem Abaza, noting that the 1951 Refugee Convention on protection of refugees, is fully in line with the spiritual values of the Holy Quran.
Fasting in solidarity
He said his annual visit to refugee camps or settlements as UNHCR chief, where he fasted in solidarity, also provided an opportunity to highlight the generosity being shown by host communities.
“When I became Secretary-General, I thought that this tradition should be maintained - now, not focused on refugee communities, but focused on the Muslim communities that are suffering”, he said.
Islam’s true face
Asked what insight joining Muslims fasting during Ramadan has given him down the years, the UN chief said it showed to him, “the true face of Islam.”
“The sense of peace, the sense of solidarity, the sense of generosity that I witnessed in the communities hosting refugees, and also the resilience, the courage of the refugees themselves was extremely inspiring. And it remains a very important inspiration of everything I do today, as Secretary-General of the United Nations.”
Prayer for Peace
Next week, to mark what is a special time on the spiritual calendar for the Abrahamic faiths - Islam, Christianity and Judaism - representatives from the world's major religions, as well as the non-religious, will gather on Friday at UN Headquarters in New York, to pray for peace.
The idea behind the 15 minute moment of contemplation, is to deliver a critical message about peace at a time of so much conflict and suffering worldwide.
Members of the UN family, including staff, delegates and the press corps, are welcome to attend.
The moment of prayer for individuals of diverse faiths and beliefs, is due to begin at the Knotted Gun sculpture, at 1230pm local time.
Wednesday, April 05, 2023
Tuesday, April 04, 2023
Monday, April 03, 2023
Mexico Now Seriously Considering Joining BRICS – Another Blow to America Under the Corrupt Biden Administration
By Joe Hoft Apr. 3, 2023 9:15 am
Mexico is getting closer to joining BRICS (Brazil, Russia, India, China and South Africa ) per reports coming out this weekend. The Biden regime is destroying America on a daily basis and the world knows it. No country wants to be aligned with that.
After the takeover of the 2020 Election, the world knew that a coup had occurred in the US. They saw how internal forces were tearing this country apart. They saw the constant lawfare against President Trump culminating with bogus investigations, bogus impeachments, a stolen election, and now more bogus investigations against the hero of the people, President Trump.
Countries around the world began to see that being an ally to the Biden regime was not a safe place to be so they are joining the alliance with China and Russia.
These moves are devastating to the US and its national security.
It was recently reported that numerous countries were considering joining BRICS.
This weekend it was reported that Mexico was seriously considering joining BRICS. Eurasia Media reports:
Mexico has expressed its interest in joining the BRICS group of emerging economies, which currently consists of Brazil, Russia, India, China and South Africa. The Mexican Foreign Minister, Marcelo Ebrard, said that Mexico shares the vision and values of the BRICS and hopes to deepen its cooperation with them in various fields, especially in medicine and trade.
Mexico’s move comes amid growing tensions with its northern neighbor, the United States, over issues such as immigration, border security, trade and human rights. The US has imposed tariffs on Mexican goods, threatened to cut off aid and demanded that Mexico do more to stop the flow of migrants from Central America. Mexico has also faced criticism from the US for its handling of the Covid-19 pandemic and its alleged interference in the Venezuelan crisis.
Mexico sees the BRICS as an alternative platform to diversify its foreign relations and increase its global influence. Mexico is the second-largest economy in Latin America after Brazil and has a population of more than 120 million people. It also has a strong manufacturing sector that competes with China in some markets. Mexico has already established close ties with China, which is its second-largest trading partner after the US. Mexico has also participated in several BRICS summits as an observer and guest.
However, Mexico’s bid to join the BRICS faces some challenges and uncertainties. The BRICS group has not formally announced any criteria or process for admitting new members, although Russia has suggested that it could expand by five countries in 2023. The BRICS also have different interests and agendas that may not always align with Mexico’s. For instance, Mexico may have to balance its relations with China and India, which are rivals in Asia. Mexico may also have to deal with the possible backlash from the US, which may see Mexico’s alignment with the BRICS as a threat to its regional hegemony.