🇺🇳🗳❗️ — The United Nations General Assembly (UNGA) voted in favor of designating July 11 as Srebrenica Genocide Memorial Day, recognizing Srebrenica as a Genocide done by Serbian Forces during the Bosnian War

🗳✅ Countries In Favor: 84
🗳❌ Countries Against: 19
🗳🤷‍♂️ Countries who abstained: 68

‼️ SEC officially approves 8 spot Ethereum ETFs.

https://www.sec.gov/files/tm/lk87adfs99.pdf

🦮⚰️📃 — Kabosu, the Shiba inu dog that inspired the Doge meme, as well various 🐶💲 memecoins and cryptocurrencies 🐶💲 across the world passed away

Press F to pay respects

🔗 Link

🇰🇪 🤝 🇺🇸 Kenya to get major non-NATO ally status during president’s US state visit

🔶️ President Joe Biden will extend major non-NATO ally status to Kenya during the three-day state visit by the African country’s leader this week, two U.S. officials confirmed.

🔶️ Kenya will become the first sub-Saharan nation to receive the designation, which allows the recipient country to obtain more sophisticated weaponry from the United States and engage in closer security cooperation.

🇷🇺 🇨🇳 The growing bond between Washington and Nairobi comes as the Biden administration worries about China’s growing sway on the African continent, in addition to Russia’s ties with Kenya. Even though Biden has yet to travel to the continent, as he promised to do, the major non-NATO ally status might serve as a consolation and sign of intent.

https://www.politico.com/news/2024/05/22/kenya-non-nato-ally-status-visit-00159578

🇮🇱❕🟨🇵🇲❗️🇪🇸 — 🇷🇺 Russian media RT on Telegram:

"🇮🇱🗣 Israeli deputy calls for "the recognition of Catalonia and the Basque Country as independent countries"

The Israeli deputy Sharren Haskel sent a letter this Thursday to the Government of her country and to Prime Minister Benjamin Netanyahu "demanding the recognition of the Basque Country and Catalonia as independent countries," according to a post published by the parliamentarian on 𝕏.

🟢 "It is not possible for Spain to declare that the obligation of the international community is to respond to the demand of a people who demand independence, with a unique culture, language and characteristics, and ignore the demand of a local independent people who demand independence of him," she argued."

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🇺🇸❌💵💵 — Bill to ban the United States' Federal Reserve from issuing a Central Bank Digital Currency/Digital Dollar, the H.R.5403 (CBDC Anti-Surveillance State Act) passes on the House of Representatives

➡️ Last night, May 23, 2024 AD, the United States House of Representatives voted largely along party lines to prevent the Federal Reserve from issuing a central bank digital currency.

➡️ The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks to block the U.S. central bank from continuing efforts toward the development of a digital dollar.

➡️ Libertarians and Republicans for very long expressed concerns that a U.S. CBDC could be used to control Americans and curb financial freedoms

➡️ Democrats and Progressives said during debate before Thursday's vote that the concerns were overblown and a ban would block public sector innovation and research.

Overall, the final vote was one:

🗳✅ 213 Republicans and three Democrats voted for the bill
🗳❌192 Democrats voted against it.

🔗 Source
🔗 Bill Link

🇷🇺❌🇯🇵❗️ — Russian State media reports that Moscow announced the termination of the agreement with Japan regarding cooperation in the field of eliminating nuclear weapons

🇧🇷🚩❌👤🛰 — President Luiz Inácio Lula da Silva rejects Elon Musk's Starlink premise and plans to implement InternetBras in Brazil, a satellite internet access system

⁉️ The responsibility for managing this project will lie with Telebras, a state-owned company that remains under federal control despite the privatization of telecommunications in Brazil in 1998. The challenge lies in operationalizing the project.

⚠️ Currently, there is only one constellation of 5,400 satellites suitable for providing this internet connection—all owned by Elon Musk. Brazil would need to lease satellites, but the only ones available for such a function are Starlink's.

💸 The decision, made on May 17 by Gape, the group responsible for school connectivity, involves funds directed by telecommunications operators for this purpose. Gape comprises eight members: four from operators, two from Anatel, one from the Ministry of Communications, and one from the Ministry of Education (MEC).

💰 Gape accepted the Ministry of Communications' proposal to connect schools through a program operated by Telebras. One of the New PAC's goals is to provide internet to 138,000 public schools.

📚 The MEC issued a regulation in August 2023, establishing rules for internet in remote schools. However, it was assessed that only Starlink could meet the required minimum speed.

⭐ In October 2023, Minister Camilo Santana (Education) revoked the regulation due to the current government's ideological conflicts with Starlink.

Source 🖇

👤🏳️❕🇺🇦 — 🇬🇧 Reuters | Exclusive: Putin wants Ukraine ceasefire on current frontlines | May 24, 2024:

"MOSCOW/LONDON, May 24 (Reuters) - Russian President Vladimir Putin is ready to halt the war in Ukraine with a negotiated ceasefire that recognises the current battlefield lines, four Russian sources told Reuters, saying he is prepared to fight on if Kyiv and the West do not respond.
Three of the sources, familiar with discussions in Putin's entourage, said the veteran Russian leader had expressed frustration to a small group of advisers about what he views as Western-backed attempts to stymie negotiations and Ukrainian President Volodymyr Zelenskiy's decision to rule out talks.

"Putin can fight for as long as it takes, but Putin is also ready for a ceasefire – to freeze the war," said another of the four, a senior Russian source who has worked with Putin and has knowledge of top level conversations in the Kremlin."

🗄 Archive

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🇨🇳💴❌🇺🇸💵 — 🏴 ZeroHedge | The Start Of De-Dollarization: China's Move Away From The USD | May 24, 2024:

"Since 2010, the majority of China’s cross-border payments, like those of many countries, had been settled in U.S. dollars (USD). As of the first quarter of 2023, that’s no longer the case.

As Visual Capitalist's Julian Wendling shows in the grahic [above], from the Hinrich Foundation, the Chinese renminbi (RMB) is growing in popularity in payments both domestically and globally.

(...)

As of March 2024, over half (52.9%) of Chinese payments were settled in RMB while 42.8% were settled in USD. This is double the share from five years previous. According to Goldman Sachs, foreigners’ increased willingness to trade assets denominated in RMB significantly contributed to de-dollarization in favor of China’s currency. Also, early last year, Brazil and Argentina announced that they would begin allowing trade settlements in RMB."

#Geoeconomics

🗄 Archive

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🇪🇺 Say hello to Europeum. The EU’s blockchain project will affect ‘the daily lives’ of citizens, officials vow

➡️Ten EU countries have agreed on a bloc-wide blockchain.
➡️ The project will provide tools for the public and business.
➡️The so-called Europeum project is a bid for EU sovereignty.

Europe is hoping its own blockchain will help it break free from dependence on US technology.

On Tuesday, the European Union set up a new organisation designed to introduce blockchain infrastructure and revamp record keeping and the transfer of data transfer between the bloc’s 27 member states.

The launch took place during a meeting of telecommunications ministers at the European Council in Brussels. Lawmakers also rubber stamped the EU’s landmark law on artificial intelligence.

https://www.dlnews.com/articles/regulation/say-hello-to-europeum-the-european-union-blockchain-project/