Multipolar Wake-Up Call: India Drives De-Dollarization... because its economy is booming without it

India and Russia switching to local or third-party currencies to continue energy deals is proof that Washington and EU sanctions are backfiring... and waking up nations to the idea that ditching the dollar is actually beneficial.

Delhi, unlike many, has stood strong against American pressure to fall in line. Russia now provides around 35% of India's import needs.

Developing countries have seen they can put national interests first without being held to ransom.

Now, India is growing at twice the pace of China and its population (potential work force) is growing into the world's largest.

India is the De facto leader of the Global South... and has potentially changed the course of history... by telling Joe Biden to f*** off.

@RiseGS

Regulator takes control of Silicon Valley Bank's Canadian branch

Old guard falling or bailout coming?

@RIseGS

🇧🇷💸💥 — According to BTG officials, at least 21 large Brazilian companies were affected by the impact on Silicon Valley Bank (SVB).

SVB's UK division sold to HSBC - British govt confirms

For £1.

@RIseGS

“Great Wall of Steel”: President Xi Makes China Military Vow

Xi Jinping has pledged to strengthen China’s security and build its military into a “great wall of steel’, in his first speech of his precedent-breaking third term as president.

Addressing nearly 3k delegates at the closing of the annual rubberstamp parliamentary session Monday, Xi underscored the need to safeguard China’s national sovereignty, security, and development needs.

Xi’s focus on security comes as relations with the US have hit their lowest point in decades.

@RiseGS

More than 5,400 tons of garbage stink up Paris' streets during strike by public workers - demonstrating against pension reform

@RiseGS

First Republic Bank Plummets 66% in Pre-Market Trading

Over the weekend long queues of customers were seen attempting to withdraw their money from FRB in California.

Contagion fears grew for customers when analysts pointed out the similarities with Silicon Valley Bank, and the value of assets versus the actual value.

@RiseGS

US Reconnaissance Aircraft Flies Over Yellow Sea & Korean Peninsula

The drills called Freedom Shield with South Korea's Armed Forces come after North Korea test-fired two missiles and China has warned Washington of provocative actions in the region.

Poking the dragon(s)?

@RiseGS

Death from Above: New Game as Ukrainian Drone Operator

Finnish firm Rockodile has trivialised the idea of dropping bombs on Russian military personnel and equipment, with funds from the game to be sent to Zelensky's corrupt govt.

Wonder if it's realistic in the sense that you have to wait ages for the drone to arrive from the US or EU...

@RiseGS

German Regulators Shut Down Arm of Silicon Valley Bank

The SVB branch in Frankfurt has been closed by Germany's Federal Bank, and has created an anti-crisis HQ to help deal with the bankruptcy and fallout.

@RiseGS

UK climate change wacko given five weeks in jail for blocking motorway traffic

Do the crime, serve the time. Should it double/triple for a repeat offence?

@RiseGS

US Federal Reserve: Goldman Sachs Economists no longer expect rate hike next week

@RiseGS

NOW: Biden Claims Banking System is Safe - After Mammoth Fallout from SVB

Old Joe Biden claims no loss for taxpayers, investors will lose everything...

"That's how capitalism works"

@RiseGS

Trust me.

@RiseGS

I feel so confident in the banking system now Brandon says it's safe!

Now back to business…

@RiseGS