Argentina enhances deal with China; further diminishes role of the dollar

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Argentina Shuns U.S. Dollar: Will Pay for China Imports in Yuan
  • The measure, driven by Argentina’s leftist President Alberto Fernández, is designed to relieve the South American country’s dwindling dollar reserves, AP reports.
  • The deal further enhances China’s rise on the world stage and the diminished role of the U.S. on a host of fronts under President Joe Biden.
  • After reaching the agreement with various companies, Argentina will use the yuan for imports from China worth about U.S.$1.04 billion from next month, accelerating trade with China as Beijing seeks to gain a further foothold in South America.
  • In November last year Argentina expanded a currency swap with China by $5 billion in an effort to increase its yuan reserves.
  • It has also been working hard to build a relationship with Beijing after having officially joined China’s infrastructure-building Belt and Road Initiative (BRI) last year.

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First Republic Bank in trouble after shares fell 50%

Revelations 18:9-11 “The kings of the earth who committed fornication and lived luxuriously with her will weep and lament for her, when they see the smoke of her burning, 10 standing at a distance for fear of her torment, saying, ‘Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.’ 11 “And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore

Important Takeaways:

  • First Republic Bank’s shares fall 50% after ‘troubling’ earnings call where company execs refuse to answer questions after customers withdrew $100 billion following the collapse of Silicon Valley Bank
  • First Republic Bank’s shares plunged 50 percent after a ‘troubling’ earnings call where company executives refused to answer questions.
  • The stock dropped Tuesday after it emerged that customers withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail in quick succession after the collapse of Silicon Valley Bank and Signature Bank.
  • First Republic held nearly $180 billion at the end of last year.
  • The bank’s stock closed down 49 percent at $8.10, a fraction of the price it was a year ago when it traded for roughly $170 a share.
  • A statement from First Republic issued late Monday stated the company was only able to stanch the bleeding after a group of large banks stepped in to save it by depositing $30 billion in uninsured deposits, which it received in March.
  • But investors remained deeply skeptical about what path forward exists

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Rapid rise of AI brings humans on track to achieve Immortality in 7 years

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • Ray Kurzweil’s ideas about how for humans, both singularity and immortality are shockingly imminent—as in, potentially just seven years away.
  • The idea of singularity is the moment AI exceeds beyond human control and rapidly transforms society. Predicting this timing is tricky, to say the least.
  • But Kurzweil says one crucial step on the way to a potential 2045 singularity is the concept of immortality, possibly reached as soon as 2030.
  • And the rapid rise of artificial intelligence is what will make it happen.
  • Kurzweil believes that our technological and medical progress will grow to the point that robotics—he dubs them “nanobots”—will work to repair our bodies at the cellular level, as reported by Lifeboat, turning disease and aging around thanks to the continual work of robotic know-how. And then, voilà: immortality.

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Pentagon officials think we’re better off without Tucker Carlson; proof DOD hates being called out on their Marxist policies

Important Takeaways:

  • Pentagon officials say ‘we’re a better country’ now that Tucker Carlson is off the air
  • Officials at the Pentagon are cheering the departure from prime time of Fox News host Tucker Carlson, who frequently took aim at the US military over their diversity policies, war in Ukraine, and lack of accountability to the American public.
  • “We’re a better country without him bagging on our military every night in front of hundreds of thousands of people,” one senior Department of Defense official told Politico, speaking on conditions of anonymity.
  • Carlson frequently took aim at military leadership on his show, including Joint Chiefs of Staff General Mark Milley. Carlson called for his firing after a direct order from Milley read, “If Donald Trump refuses to leave office, the United States Military must remove him by force and you must give that order.”
  • Carlson slammed Defense Secretary Lloyd Austin for his 2021 comment that “white people are part of the problem.” He spoke out against the firing of a Space Force commander who was let go after voicing concerns over Marxism and critical race theory in the US armed forces. Carlson also blasted the Pentagon’s use of an “inclusion board” to lower training standards, and to prioritize identity politics over military readiness.
  • When asked by the outlet to respond to Pentagon officials’ cheers over his departure, Carlson told Politico by text message, “Ha! I’m sure.”

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Russia warns of nuclear conflict; Beijing will help assess West’s involvement in global expansion of US anti-missile systems

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • Russia is moving closer to NUCLEAR conflict with the US due to Washington’s support for Ukraine, Moscow warns
  • Vladimir Yermakov, the foreign ministry’s head of nuclear non-proliferation, told TASS news agency that Washington is escalating the risks through its conduct with the Kremlin – the latest in a series of threats from top Russian officials.
  • He said risks of a direct military confrontation between the two nuclear powers is steadily growing, as he suggested to the Russian state news agency that Russia may withdraw from an intermediate and shorter-range nuclear missiles treaty.
  • The US told Russia in March that it will cease exchanging some data on its nuclear forces following Moscow’s refusal to do so, calling it a response to Russia’s suspending participation in the New START treaty.
  • The treaty obligated both Russia and the US to commit to regular communications on the status of their nuclear arsenals, allow regular on-site inspections and abide by caps on the number of deployed and non-deployed warheads each would maintain.
  • Moscow and Beijing will assess the West’s potential involvement in the global expansion of the US anti-missile system, which ‘clearly undermines strategic stability,’ he added.
  • He said Moscow will evaluate the range of American-made missiles that, he said, are capable of reaching the Asian-Pacific region.

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Argentina struggles amid historic drought, lowest crop output since the turn of the century

Luke 21:25 “And there will be signs in sun and moon and stars, and on the earth distress of nations in perplexity because of the roaring of the sea and the waves

Important Takeaways:

  • Argentina’s ‘unprecedented’ drought pummels farmers and economy
  • A historic drought ravaging Argentina’s crops is deepening the grain exporting giant’s economic crisis, crushing farmers across the Pampas, heightening default fears and putting at risk targets agreed with the International Monetary Fund (IMF).
  • The South American nation, the world’s top exporter of processed soy and No. 3 for corn, is in the grip of it worst drought in over 60 years, which has led to repeated sharp cuts to soybean and corn harvest forecasts.
  • Those were cut again on Thursday by the Buenos Aires grains exchange after the Rosario exchange slashed its soy production outlook to 27 million tonnes, the lowest since the turn of the century, when far less of the crop was planted.
  • …farmers were facing losses of $14 billion and 50 million tonnes less of grain output across soy, corn and wheat.
  • “It’s unprecedented that the three crops fail. We are all waiting for it to rain,” he added.

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China in race to develop Chat AI with ‘socialist values’ after ChatGPT took the world by storm

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • China wants to give its AI systems ‘socialist values’ and bans them from criticizing country’s leaders
  • A new set of rules proposed by China’s ruling communist party seek to censor the country’s fast-emerging ChatGPT-like chatbots and ensure that the artificial intelligence technology reflects “socialist core values”.
  • The AI chatbot ChatGPT developed by American company OpenAI took the world by storm soon after it was launched in November last year.
  • Alibaba revealed its AI chatbot Tongyi Qianwen earlier this month, which it plans to integrate across its services.
  • Following these announcements, regulators in China also followed soon with new draft rules to manage how companies develop such tools.
  • A new report by The New York Times has revealed that China also seeks to ensure that the content of such AI systems reflect “socialist core values” and avoid information that undermines “state power” or national unity.

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Judge Napolitano: Ouster of Carlson “There must be more than meets the eye” like getting rid of Babe Ruth

  • Napolitano to Newsmax: Fox Just Lost Babe Ruth With Tucker Gone
  • “I think I was as surprised as anybody when the news came out about the departure of Tucker Carlson and I’m still scratching my head,” Napolitano said during an appearance on Newsmax’s new show “Carl Higbie FRONTLINE.” “I mean, this is like the 1927 Yankees firing Babe Ruth because of his table manners. I don’t get it.”
  • “There must be more than meets the eye,” he continued. “He was not the most culpable person involved in the Dominion case — there were other Fox personalities, former colleagues of mine, who are arguably far more culpable —  but he’s the one that they decided to get rid of. The shareholders responded by reducing the shareholder value by over a billion dollars in just 12 hours.”
  • Business Insider reported that Fox Corporation stock (FOX) fell 5% midday Monday on the news that Carlson was leaving the network — eliminating $930 million in market value.

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Trump on Newsmax comments on the Exit of Tucker Carlson from Fox

  • Trump ‘Shocked’ by Carlson Ouster: Maybe He Needs ‘Free Rein’
  • Trump said he heard the shocking news as the rest of the world did.
  • “I just said, ‘Wow, that was something,'” Trump told host Greg Kelly. “That’s a big one.”
  • Fox News did not reveal why it had parted ways with Carlson, but speculation surrounded the $787.5 million Dominion Voting Systems settlement and another separate lawsuit by a former staffer alleging Fox lawyers had pressured her to give misleading testimony in the Dominion Voting Systems lawsuit.
  • “Maybe he left because he wants to be given his free rein. He wants free rein maybe, but I was surprised by it.”

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Tucker Carlson Leaves Fox

  • Tucker Carlson OUT at Fox News – five days after the network paid $787million to settle Dominion lawsuit
  • Tucker Carlson is out at Fox News, after reigning over the network for nearly a decade.
  • In a shock announcement Monday, the network announced his departure, saying his final show was on April 21st.
  • ‘FOX News Media and Tucker Carlson have agreed to part ways.
  • We thank him for his service to the network as a host and prior to that as a contributor,’ the network statement read.
  • Host Harris Faulkner also announced his departure on air, saying: ‘We have some news from within our Fox family. Fox News Media and Tucker Carlson have mutually agreed to part ways. Tucker’s last show was this past Friday.’
  • An interim roster of hosts will take over in his absence until a permanent replacement is chosen.

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