US-intelligence agencies sponsor research on Libra-like threats to dollar, while Libra appoints ex-US-sanctions-tsar

May 9, 2020 | Despite criticism from lawmakers and regulators in Europe and the US, social media group Facebook is pushing ahead with its plans for a new global crypto currency called Libra. While the intelligence community in the US is investigating the dangers for world dominance of the dollar and for national security of projects like Libra, the Libra Association is showing itself as an ally by appointing the former financial-sanctions-tsar of the US-government its first CEO.

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The power of gold: Why Deutsche Bundesbank had to promise to leave 1200 tons in New York

With big fanfare, Deutsche Bundesbank announced on February 9 that ahead of plan they had repatriated 300 tons of gold from New York. This put a positive spin on a rather disturbing fact: 1236 tons of gold that is supposed to be part of Germany’s currency reserve will continue to be kept outside of German control in New York – indefinitely.

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