I believe the Yuan is not the best currency to take over from the green buck. Those slit eyed MOFOs I don't trust them at all.Yuan deposits replace dollar and euro in Russian banks
With Russia now officially cut off from both the US dollar and the euro, the state-owned VTB Bank has offered its clientele the opportunity to open Chinese yuan savings accounts that yield a maximum interest rate of 8%. The country’s second-biggest bank has been hit by the Western sanctions aimed at the total financial isolation of Russia over its war in Ukraine.
“In light of the rising dollar and euro exchange rates, many clients are showing interest in investing in other currencies, and the yuan is one of the most affordable and promising options for investing funds,” the bank said in a statement.
Yuan deposits replace dollar and euro in Russian banks
As Russia is officially cut off from the US dollar, the country’s banks are offering Chinese yuan savings accountswww.rt.com
I think most countries soon enough will adopt yuan after all a big chunk of goods are sourced from china, no need of having an intermediary currency in between.
U.S. is slowly edging out it's soft power.
This is Guka - The Oracle Speaketh Again...
- Thread starter Field Marshal
- Start date
Kender9
Elder Lister
Huyu lazima ni Omugusii.
Pseudonyms
Elder Lister
Named after Somalis supposedly for their indefatigable bravery.
Name one Western country who can be willing to be associated with virtues of black people.
Pseudonyms
Elder Lister
Ngimanene na Muchere
Elder Lister
Na huyu Konyags wetu hawestupea mafuta ya Turukana
shocks
Elder Lister
Mariupol has fallen, Azov battalion wiped out, that battalion was the one full of Nazis
mzeiya
Elder Lister
Irony!
Washington has eased sanctions on Russian agricultural products, including fertilizers, placed on Moscow over the crisis in Ukraine. The move aims to protect US farmers from a shortage of chemical products as food prices in the country continue to soar.
Pseudonyms
Elder Lister
Not sure who advices Ukraine, but I'm sure they're not her friend.
So Russia started pulling out from key positions and infrastructure installations including Chenorbyl. But someone then decided it would be a good idea to send two choppers into Russia and bomb an oil depot, which they did resulting in praises on social media from clueless (young) people from the west. Makosa!
Now Russia has this morning bombed Ukraine's only oil refinery. Several other oil depots are been targeted. Crunch time.
So Russia started pulling out from key positions and infrastructure installations including Chenorbyl. But someone then decided it would be a good idea to send two choppers into Russia and bomb an oil depot, which they did resulting in praises on social media from clueless (young) people from the west. Makosa!
Now Russia has this morning bombed Ukraine's only oil refinery. Several other oil depots are been targeted. Crunch time.
Mwalimu-G
Elder Lister
The West wants a long drawn war. Arms sales. Also a chance to destroy Russia, or at least reduce its capacity.
mzeiya
Elder Lister
Was watching CNN and they apparently claim that the withdrawal from Chernobyl was as a result of radiation sickness. Nikashangaa how that would be the case without any radiation leak
Mwalimu-G
Elder Lister
What was the outcome? Au ilikuwa kama hii ingine six months ago? I think they are trying to reassure their citizens that they are not behind Rusiya and China.
Air
Booster rocket failure scuttles hypersonic test
By Stephen Losey
Oct 22, 2021
A hypersonic technology test the Defense Department hoped to carry out in Alaska Thursday went awry when a booster rocket failed in a launch attempt.
In a statement, Pentagon spokesman Lt. Cmdr. Timothy Gorman said the booster that failed was not part of the hypersonic program, and was not related to the common hypersonic glide body. The test took place at the Pacific Spaceport Complex in Kodiak, Alaska.
Reuters first reported the test’s failure.
A defense official told Defense News the rocket made it off the launch pad before failing.
Gorman said program officials have launched a review to determine what caused the booster system to fail so they can improve future tests. He noted this missile booster is only used for testing purposes.
“Experiments and tests both successful and unsuccessful are the backbone of developing highly complex critical technologies at tremendous speed, as the department is doing with hypersonic technologies,” Gorman said. “Delivering hypersonic weapons remains a top priority and the department remains confident that it is on track to field offensive hypersonic capabilities beginning in the early 2020s.”
The Army and Navy also announced Thursday they had conducted a separate test of hypersonic technologies Wednesday at the NASA Wallops Flight Facility on Wallops Island, Virginia.
Hypersonic weapons, which are highly maneuverable and capable of flying at more than Mach 5, are one of the Pentagon’s top priorities.
In August, China tested a space-based hypersonic missile. Experts say that test is not likely to spark a new arms race, but could affect how the White House and Pentagon form its missile defense and nuclear posture strategies.
About Stephen Losey
Stephen Losey is the air warfare reporter at Defense News. He previously reported for Military.com, covering the Pentagon, special operations and air warfare. Before that, he covered U.S. Air Force leadership, personnel and operations for Air Force Times.
The censorship going on in twitter is on another level. Ona what this guy tweeted and they banned him. Makes me strongly believe Trump was right all along.