New administration under Samia Suluhu gives hope after 5 years of hopelessness

[Rutashubanyuma]

While still in its early days, some see Russia’s yuan use as a test case in a debate that has long captivated the financial world: Will the yuan eventually rival the dollar as the world’s dominant currency?

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[Rutashubanyuma]

But building the infrastructure to circumvent the dollar-based financial system built up over decades is slow, difficult and expensive, said Eswar Prasad, a professor at Cornell University and former head of the International Monetary Fund’s China division.

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[Rutashubanyuma]

China launched a cross-border payments system known as CIPS in 2015 that has been billed as an eventual competitor to the 50-year-old SWIFT network. But its system hasn’t yet been widely adopted by other countries, according to Mr. Prasad. Instead, Russian and Chinese banks rely on networks of local branches and correspondent banks to process transactions without SWIFT. The Russian central bank this month set up an international settlements department it said would focus on expanding settlements in national currencies.

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[Rutashubanyuma]

While Russia’s use of the yuan doesn’t mean the end of dollar supremacy, it may usher in the beginning of a more fractured system that could ultimately blunt the U.S.’s ability to use financial sanctions as a weapon, said Daniel McDowell, a professor at Syracuse University who recently wrote a book on the topic.

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[Rutashubanyuma]

While Russia’s use of the yuan doesn’t mean the end of dollar supremacy, it may usher in the beginning of a more fractured system that could ultimately blunt the U.S.’s ability to use financial sanctions as a weapon, said Daniel McDowell, a professor at Syracuse University who recently wrote a book on the topic.

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[Rutashubanyuma]

“The more countries you force to find those alternatives,” Mr. McDowell said, “effectively what you’re going to do is increase economies of scale and experience in those areas.”

 

[Rutashubanyuma]

A laughing stock is knocking the backdoor. The intriguing question who will answer?

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[Rutashubanyuma]

There is time for humour, too.

 

[Rutashubanyuma]

The making of the US president. You introduce yourself to voters, and then you announce your candidacy.

Obama introduced himself through his book "DREAMS OF MY FATHER"

And, the next US President of the US, Ron DeSantis, is not disappointing

 

[Rutashubanyuma]

Ron DeSantis says he sees his record as Florida governor as a model for the rest of the country in a new book that comes out ahead of a widely expected campaign for president in 2024.

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[Rutashubanyuma]

His book, “The Courage to Be Free: Florida’s Blueprint for America’s Revival,” which goes on sale Tuesday, has already hit No. 1 on the Top 100 list of Amazon.com Inc.

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[Rutashubanyuma]

“Florida has stood as an antidote to America’s failed ruling class,” Mr. DeSantis writes. He describes his battles against Covid-19 restrictions, corporations and the education system that “strike at the heart of what it means to be a Floridian and an American.” He rails against the left but criticizes the Republican establishment as well, portraying himself as a common-sense leader.

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[Rutashubanyuma]

Mr. DeSantis, 44 years old, has sustained plenty of political heat since first being elected as governor in 2018, a narrow victory followed by a blowout re-election in November. But a presidential campaign, which people familiar with his plans expect him to announce after the Florida legislative session ends in May, would subject him to an unprecedented level of scrutiny.

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[Rutashubanyuma]

A national book tour allows him to frame his story but also puts him in deeper conflict with former President Donald Trump, who is already running and attacking Mr. DeSantis.

Trump go home please you will never win the Republican presidential nominated.

Go home

 

[Rutashubanyuma]

In his book, Mr. DeSantis—who has mostly refrained from criticizing Mr. Trump and alienating his supporters—largely praises the former president and his convention-breaking style and policies, though the narrative arc of the book is designed to show that Mr. DeSantis can do it better.

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[Rutashubanyuma]

Democrats say the governor has abused his power to attack political enemies and score points with the conservatives ahead of a presidential bid. Some Republicans eyeing the race have criticized his tangles with private business.

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[Rutashubanyuma]

Mr. DeSantis does remind readers that Mr. Trump once cut a different political profile, donating “to liberal candidates like Hillary Clinton, Chuck Schumer, and Harry Reid; and his support for liberal abortion laws and restrictions on gun rights.” He does so in the context of the opposition Mr. Trump faced in his 2016 campaign, and goes on to portray himself as one of the earliest critics of the investigation into Russian interference in the election.

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[Rutashubanyuma]

And, the winner is....

 

[Rutashubanyuma]

Polls show the Florida governor either first or second in a still-unformed primary field, along with the former president. While Mr. Trump retains significant support, many donors, Republican leaders and some voters say Mr. DeSantis is the party’s future.

We agree it is time to end Rusophobia which has decoupled markets and created horrific supply chain global crisis

 

[Rutashubanyuma]

Broadside Books, the conservative imprint of HarperCollins Publishers, has printed 250,000 hardcover copies of Mr. DeSantis’s book, according to Eric Nelson, Broadside Books editorial director, which he says is “one of the largest printings we’ve ever done.”