This is the BEGINNING of the END for the USD | A DUDE wins Miss Netherlands?
The Russian government has confirmed that the BRICS nations, comprising Brazil, Russia, India, China, and South Africa, are planning to introduce a gold-backed trading currency. The official announcement is expected at the BRICS summit in South Africa in August. This development adds further momentum to the ongoing global trend of de-dollarization.
Since mid-2022, numerous central banks have been purchasing gold at record rates to diversify reserves away from the U.S. dollar. This move, however, is not without its critics and skeptics, who question the viability of a gold-backed currency without further details, and the potential implications it may have on the global monetary system, including the devaluation of many fiat currencies.
The implications of this development, which challenges the U.S. dollar's dominance as the world's reserve currency, will require further observation and analysis and we'll keep you updated.
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In a massive self destructive moment for the beauty pageant industry, 22-year-old Rikkie Valerie Kolle has become the first man to be crowned Miss Netherlands. Dressed in a resplendent red gown, Kolle was visibly moved as he received his crown from predecessor Ona Moody and reigning Miss Universe R'Bonney Gabriel from the USA. This victory positions him as the second man to compete for the coveted Miss Universe crown, which is scheduled to take place in El Salvador in December 2023.
Men have been allowed to participate in the pageant since 2012, with the first man, Angela Ponce from Spain, making it to the stage in 2018. The Miss Universe organisation, purchased by businessman and advocate Anne Jakrajutatip in 2022, who also identifies as a man, was previously owned by former US President Donald Trump. Jakrajutatip plans to uphold the pageant's mission of women empowerment while evolving the brand for future generations.
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