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INDIVIDUAL SOVEREIGNTY

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There is a myriad of perceptible activities in our global operating systems that are determinedly employed to undermine the sovereignty of the individual human being. This process of discounting individual sovereignty starts from early childhood, from the early rearing institutions of school and family. Thereafter, the globally sanctioned institutions of ‘higher learning’ take over the business of indoctrination and brainwashing. These institutions are very influential in preparing the average drone into becoming a passive ‘cog in the wheel’; the modern cannon fodders not excluded. The current protracted process of undermining individuality also leverages, amongst other things, the institutions of mass entertainment. By this, we mean spectator sports, non-documentary films/movies, fake news, etc. Nevertheless, there are now incipient movements that are willing to challenge the intensifying zombification of the masses!
One such movement started about fifty years ago in the United States. It is called ‘Sovereign Citizens’. The organization is now labeled a ‘domestic terrorist’ by the CIA/FBI; nothing new here! But there are certain things in the doctrine of ‘Sovereign Citizens’ that have started to appeal to the average Joe Doe, not only in the US. Incidentally, a disproportionate number of followers of ‘Sovereign Citizens’ were or still are African Americans; again nothing new here. Amongst their fundamental principles we can mention the act of renouncing phony money, i.e., money not backed by any real stuff.
It suffices to mention the major consequence or crime of phony money. Its mortal sin is; the continual and significant dilution of earned money obtained by the sweat, blood and tears of the global working stiff! When criminal thugs in suits can print billions or even trillions to undermine/dilute the legitimately acquired income/wealth of the sheeple, there is bound to be a movement (sooner or later) that will be determined to stop this blatant larceny. As we have been stating all along, such extreme extortion started in 1971, when global currencies became unhinged from gold and became mere ‘fiat’. Since then, those who work to earn their keeps were systemically disfranchised while the parasitic manipulators/connected (Corp, banks, etc.) were rewarded for their destruction of nature and social harmony!
The other thing of the ‘Sovereign Citizens’ that appeals to many people in the world is the concern about the erosion of ‘freedom’, whatever that means. We admit; absolute freedom is an abstraction that doesn’t really hold any water, particularly when examined from the perspective of traditional philosophy. After all, can we really be free of oxygen or water, or certain social constructs? Be that as it may, relative ‘freedom’ still makes sense at the level of operational existence within the human collectives. For instance, freedom of speech must prevail if society wants to stop, amongst other things, the fledging modern criminality of grand political corruption. Truth and facts cannot expose the multitudes of crimes when there is no freedom of speech. Freedom of movement is also an inalienable right of humans, hence should not be unnecessarily curtailed in one form or another. Freedom to assemble is another of the pillars of human civilization. Yet, all these ‘freedoms’ are being eroded by the power that be!
Various researches have pointed out that it is mostly the psychopaths of this world that always crave for control, domination, entitlement, etc., to satisfy their insatiable greed! These individuals lack empathy and have no remorse. They also lack sincerity, hence, continuously lie about all and sundry (to fulfill their selfish objectives). Unfortunately, it is these kinds of humans that dominate politics and other hierarchical organizations, like Corporations (Banks, etc.) Their obsession to control everything under the sky is now leading them into a world of the unreal! The perennial concoction of various scenarios that are based on lies is astounding. The propaganda machine of these elites is working overtime and is in fact challenging the rational basis of collective existence, for example, like the scientific methods. Like the sheep we really are, we have given direct/indirect consent to be goaded (by these few psychopaths) to our demise!
What does this portend? From the point of view of the psychopathic politicos and their masters, it seems the future is to be created along the lines of the old feudalism, albeit with a high tech twist. What does this mean? It means a thoroughly zombified population that blindly obeys whatever is uttered by the manipulative modern elites/states. Don’t forget; the state is, for all practical purposes, the fiefdom of the parasitic elites. To add insult to injury, technology is becoming more and more part of the problem and hardly part of the solution. Another tech assisted control mechanism that is in the offing is, digital currency. Obviously, it is intended to directly control the resources and financial behavior of the sheeple, there goes another loss of individual sovereignty. Because of these and other reasons, movements like ‘Sovereign Citizens’ or a more nuanced ones, are bound to become more popular, going forward!

Green mung and red kidney beans spike in value

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The price of green mung beans and red kidney beans double in comparison to rates from a year ago.
The Ethiopian Commodity Exchange (ECX) disclosed that in the first four months of the budget year, which is a period for agricultural activity, it has facilitated a trading for 51, 640 metric tons of agricultural products that are valued at 4.4 billion birr.
The trading platform that is undergoing massive changes in its operation traded 17,690 metric tons of coffee beans which sat at the top of the trading platform followed by 15,445 metric tons of sesame seeds, and different volume of soybean, white pea beans, green mung beans, speckled beans, red kidney beans and pigeon beans.
It is known that this first four months of the budget year does not fall under the harvest season due to that most of the commodities coming at the trading floor are a product of the past season.
As its first four months performance, the volume and value of green mung beans and red kidney beans surged compared with the preceding year.
In relation to the demand and price hike of green mung beans at the global market, the bean’s price has spiked vertically in the past period and similar growth has also been registered in this stated period.
For instance the price of green mung beans in July, which is the first month of the budget year, was 7, 235 birr per quintal on average which stood at 7, 841 birr per quintal at the end of October.
“The price has doubled compared with the same period of last year,” ECX said on its performance report sent to Capital, and said that it is expected to have a rise along with similar quality products in the coming months of the budget year.
Similarly, the price of red kidney beans has doubled in the first four months compared with the same period of last year. The volume of the beans, which is one of the export commodities like green mung beans, traded at ECX has also shown an increment of 50 percent compared with the 2020/21 first four months.
“The law enforcement’s tackle of contraband and successful awareness creation campaign are the major reasons for this success besides price increment at the trading floor,” ECX said.
In the stated period, the trading of four spices and vetch has been introduced and ECX is keen to add more commodities on its electronic trading platform that started operation in 2008.

EthSwitch receives grant to transform Ethiopia’s digital payment landscape

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The national switch, EthSwitch which is undertaking a facility of massive technology based financial activities through its platform receives USD 8.34 million in the form of a grant to realize its upcoming grand project.
The statement which EthSwitch sent to Capital indicated that the funding from Bill and Melinda Gates Foundation was secured for the expansion of its digital payment system.
The company disclosed that the grant will be part of an investment required for the implementation of a national real-time interoperable payment platform that aims to fundamentally transform Ethiopia’s digital payment landscape.
Moreover, this project is set to accelerate the implementation of the national digital payment strategy and drive financial inclusion in Ethiopia. The project enables EthSwitch to provide instant payment, payment gateway and shared wallet services to digital finance and payment services providers.
In March 2021, EthSwitch also received a grant of USD 2.33 million from the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) for the same project in a competitive process. The grants from both Development partners, totaling USD 10.67 will go into one pool for the implementation of the same project as part of the over USD 15 million investment required for the project implementation. The remaining cost of the project will be covered by EthSwitch in the form of administrative and overhead expenses.
Haddis Tadesse, Country Director of Bill and Melinda Gates Foundation says, “Bill and Melinda Gates Foundation is committed to support the Government of Ethiopia with its national financial inclusion agenda. Through this grant, the foundation aims to support EthSwitch in its effort to avail an inclusive payment scheme that will unlock all use cases across multiple payment instruments and channels, including government to people payment programs to reach last-mile communities.”
Yilebes Addis, EthSwitch CEO, expressed his appreciation to the Gates Foundation for the generous support and those who contributed in facilitating the grant, including EthSwitch’s Board of Directors, the management team, Program Management Office and staff.
The new EthSwitch’s project will provide interoperability services across all payment instruments, and enable digital financial service providers to drive usage through low interchange fees incentives and shared services that reduce the business setup cost.
Furthermore, it will allow all digital financial service providers (including non-banks), bill aggregators, government agencies and others to participate, guaranteeing an open-loop payment scheme.
EthSwitch CEO said, “The Real-time Retail Payments Platform Project is a grand project that will create widespread access to digital financial services through shared wallet platform that will enable microfinance institutions and other digital wallet service providers to use it in ‘white Label’ arrangement without investing in the technology.”
Yilebes elaborated that it will also help advance Ethiopia’s e-commerce sector by providing easy to integrate payment gateway, “Furthermore, it will incentivize merchants and payment service providers with instant settlement of payments, thereby encouraging more digital payment uptake, facilitating the exponential growth in digital payments market share.”
The Real-time Retail Payment Platform Project will be implemented over a two year period in phased approach, where the three components will go live at different milestones from as early as 2022. The Project will be implemented in close collaboration with project implementers, strategic industry experts and players. The project involves procurement of systems and hardware, and establishment of data a centre, and capacity building.
Late October, EthSwitch commercialized a Person to Person (P2P) platform after the success on the piloting period. The P2P enables customers of banks and MFIs and E-money issuers with digital wallet, mobile and internet banking and accounts to send funds from one institution to another. The interoperability includes transfers from bank account to bank account, wallet to wallet, wallet to bank account and from bank accounts to wallet using internet based and USSD channels as well as smart phone applications.
Previously, it had enabled to interoperable banks’ ATM and POS.
According to the date of the national switch only in October 2021, the interbank transaction through ATM cash withdrawal was over 4.5 million in volume and 4.73 billion birr in value. Similarly, the POS purchase in the stated one month only was 28,614 in volume with close to 62 million birr in value, while under the recently introduced P2P transfer about 482 million birr has been transferred with 45,886 transactions.
EthSwitch was formed by financial institutions and the National Bank of Ethiopia about a decade ago to provide a service for all financial institutions and payment operators in Ethiopia by providing channel interoperability, an institute domestic payment scheme and provide shared infrastructure/platforms.

Djibouti, Ethiopia ink corridor management alliance

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Djibouti and Ethiopia sign an accord for the establishment of a Corridor Management Authority.
A delegation led by Dagmawit Moges, Minister of Transport and Logistics (MoTL) has paid a two day visit to the major port outlet, Djibouti, starting from November 17.
During the visit, the delegation conducted a meeting with Djibouti’s counter parts led by Hassan Houmed Ibrahim, Minister of Infrastructure and Equipment.
On the two-day meeting, Ethiopian ambassador to Djibouti and Djibouti ambassador to Ethiopia were in attendance along with Aboubaker Omar Hadi, Chairperson of Djibouti Ports and Free Zones Authority, and Djama Ibrahim Darar, Head of Port of Djibouti/DMP and other senior teams from two countries.
The information obtained from Djibouti indicated that the meeting mainly focused on a number of issues pertaining to ports, corridor and logistics and reflected the strengthening of the gains made and the means of launching new initiatives.
DPFZA authority stated that the meeting touched on the enhanced performance to better handle this year’s dry bulk campaign expected to reach over 6.6 million tons.
La Nation reported that the meeting not only responds to the desire of the two countries to discuss but also to reflect together on ways and means of strengthening cooperation in the field of transport.
Hassan Houmed on his remark specified that economic and commercial cooperation between Djibouti and Ethiopia maintained a good momentum, with an ever-expanding scope.
“It is no secret that Djibouti and Ethiopia has been, for almost two decades, a model of economic and commercial integration in Africa and we are proud of it. But, we have to be realistic and recognize that the challenges are still great, in line with our ambitions,” he added.
The bilateral meeting was concluded on Thursday, with the adoption of a roadmap for the establishment of a Corridor Management Authority, signed by the two Ministers of Transport.
The port handling in Djibouti has significantly increased in the past few years, while the consignment transporting to Ethiopia is growing with less stay in Djibouti.
The details of the agreement and the exact operation of the upcoming authority are yet to be revealed.