Dollar’s fate in Russia revealed

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Deputy Economy Minister Ilya Torosov expects de-dollarization to only intensify

Trading volumes in the currencies of “friendly nations” will multiply in the near future, according to Deputy Economy Minister Ilya Torosov, who expects the de-dollarization of the Russian economy to only gain momentum in the near future.

He stressed that the Chinese yuan would lead the process amid strong cooperation between Moscow and Beijing, which has deepened even more in the wake of the latest Western sanctions imposed on Russia.

“We are switching to mutual trade using yuan and ruble settlements, and moving away from dollar and euro,” Torosov told RT at the seventh annual Eastern Economic Forum in Vladivostok. “This is inevitably leading there.”

The deputy minister added that mutual payments using the ruble and the currencies of “friendly states” are one of the major goals for the Russian government and its allies.

Last month, yuan-ruble trading outpaced the dollar-ruble pairing on the Moscow Exchange for the first time ever. The yuan-ruble pair also exceeded volumes in the euro-ruble pair in late July. In August, Russia’s payment volumes in the Chinese currency made the country the third largest market in the world outside mainland China for yuan.

21 Year-Old Arkansas Football Player Tragically Collapses on Field and Dies – Cause Of Death Not Readily Available

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Clark Yarbrough
Barely into his 20’s, Clark Yarbrough, a Ouachita Baptist University (OBU) Tigers defensive lineman, helped his team score a win hitting two tackles before suddenly collapsing on Sunday. Photo: Ouachita Baptist University.

ARKADELPHIA, AR – An Arkansas community is mourning following the tragic death of an Ouachita Baptist University (OBU) Tigers defensive lineman barely into his 20’s who mysteriously collapsed and died on Sunday.

The passing of Clark Yarbrough, 21, was announced by the school in a Twitter post. The school did not provide information on the cause of death.

Yarbrough, a senior at OBU who stood 6’1” tall and weighed 280 pounds, originally came from Sachse, Texas, where he played on his high school team for the OBU Tigers since 2019.

The senior came to OBU by way of Rowlett, Texas, where he played football at Sachse High School. Yarbrough had been with the Tigers since 2019 and was an All-Great American Conference honorable mention selection in 2021, recording 27 tackles for the season.

His final game was last Thursday when the Tigers defeated Oklahoma Baptist 42-32; Yarbrough helped his team score the win by hitting two tackles.

While no cause of death has been revealed as of yet, the suddenness of the terrible event seems to tie into a recent trend sparked by the COVID-19 pandemic of rising numbers of “mystery deaths.” The Centers for Disease Control and Prevention (CDC) has noted that since February 1, 2020, there have been 942,431 “excess deaths” in the U.S., over and above the norm before the pandemic.

J. Scott Davison, CEO of insurance company OneAmerica, said that “Death rates are up 40 percent over what they were pre-pandemic” among their policy holders, noting that those being affected are working-aged people between the ages of 18 and 64.

Washington trying to derail relations between Russia and China – analyst

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The partnership between the two nations is growing, according to Deputy Chairman of the Russian-Chinese Friendship Society

Moscow and Beijing have significantly boosted trade cooperation and mutual investment in recent years, Deputy Chairman of the Russian-Chinese Friendship Society, and member of the Russian International Affairs Council, Sergey Sanakoev told RT. He described the two countries’ cooperation as stable, dynamic, and completely self-sufficient.

Speaking on the sidelines of the Eastern Economic Forum in Vladivostok, he explained that Russia-China economic relations do not go against any Western processes or development models. “We are developing our good neighborly relations. We have one of the longest land borders in the world.”

Sanakoev accused the US of using all possible means, including informational ones, “to drive a wedge between Russia and China, arguing that the countries do not have much economic cooperation.” However, in recent years, trade turnover between the nations has been growing by 20-30% annually, he pointed out.

According to the expert, economic cooperation is strengthening, mutual investments are growing, particularly in spheres such as industrial, aviation, space, and nuclear energy.

“The argument about weak economic ties no longer works, and then they (US) came up with the argument that Russia is becoming China’s younger brother, and the cooperation is in favor of China. Nothing like that, we have mutually beneficial and equal cooperation,” Sanakoev stressed, noting that the Russian and Chinese heads of state often emphasize that in their statements “so that no one has any doubts about this.”

Sanakoev added that Western sanctions have pushed Moscow to diversify its export flows and business ties with the East as much as possible.

White House: Covid-19 boosters will become annual shot, just like the flu vaccine

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The Biden administration said Tuesday that it is rolling out the newest Covid-19 booster and anticipates that going forward, Americans can expect to get annual updates to the shot just like they do for the flu vaccine.

“This week, we begin a new phase in our COVID-19 response. We are launching a new vaccine – our first in almost two years – with a new approach. For most Americans, that means one COVID-19 shot, once a year, each fall,” President Joe Biden said in a statement.

His remarks show that the administration is now validating a change in the nation’s Covid response policy, which officials have telegraphed for several months.

At a White House press briefing earlier Tuesday Anthony Fauci, Biden’s chief medical adviser, had suggested that the policy change was coming soon.

“It is becoming increasingly clear that, looking forward with the Covid-19 pandemic, in the absence of a dramatically different variant, we likely are moving toward a path with a vaccination cadence similar to that of the annual influenza vaccine, with annual updated Covid-19 shots matched to the currently circulating strains for most of the population,” said Fauci, who heads the National Institute of Allergy and Infectious Diseases.

Fauci’s comments are based on data from vaccine manufacturers Pfizer and Moderna supporting their booster shot candidates, which the FDA and the CDC endorsed last week — Moderna’s for those 12 and older and Pfizer-BioNTech’s for those 18 and older. Independent advisers to those agencies said last week that data suggest those vaccines — updated to target both the original coronavirus and the BA.4 and BA.5 subvariants — could broaden individuals’ immune response to other variants, which could prove helpful if the virus continues to mutate from the Omicron lineage as it has since late 2021.

Caveats: But that single yearly shot prediction hinges on the lack of “any new variant curve balls,” White House coronavirus response coordinator Ashish Jha said earlier Tuesday.

“The wild card of a way-out, out-of-left-field variant coming, if that happens, all bets are off and we change,” Fauci added.

But given the history of Omicron’s evolution since it emerged in November, Fauci said, the boosters that were previously authorized from the original-formula vaccines “have done pretty well in reconstituting the waning immunity” of the population, even as the strains have evolved.

“If we continue to have an evolution of what we used to call, and still do call, an influenza adrift — not a major change, but just sort of drifting along the BA.5 sublineage. I believe that that would fit in well with what we’re talking about, the likelihood that we’ll get into a cadence that, on a yearly basis for most people, we’ll be able to cover what is out there as the dominant variant,” he said.

An annual cadence, however, may not hold for older individuals, as well as those who are immunocompromised, Fauci added, who may need more frequent shots.

What’s next: Federal officials are urging Americans to get their booster shots as soon as they are eligible. Anyone 12 and older may receive an updated vaccine if it’s been at least two months since they last received a dose.

The CDC advises that people who have recently had a Covid infection may delay their next vaccine dose, if eligible, by three months from symptom onset or positive test result.