Day: October 16, 2021

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WeownomyPay: Turning WEOWNS Into a Mass Currency of Kindness

Global has never been more in need of a currency that is for everyone. With WeownomyPay, there are no transaction fees and you can withdraw your money anywhere. The WEOWNS economy is coming to life and it’s time to start paying with compassion.

WeownomyPay

WeownomyPay

DELAWARE CITY, Del., Oct. 15, 2021 (GLOBE NEWSWIRE) — It’s hard to imagine what it would be like if you couldn’t buy anything with money. But this is the reality for 3 billion people around the world, many of whom live in developing countries. This isn’t just a problem of poverty and lack of access to banking services—this also impacts economies and society as a whole. The new digital payment system will be used to make social media transactions and remittance services free of charge for over 1 billion people worldwide. The founder of WeownomyPay Ssemakula Peter Luyima believes that digital currencies are not very useful unless they can connect with mainstream society in some way. The intention is to create a digital currency that connects the cryptocurrency world to what most societies use every day: money.

In today’s digital world, it is no surprise that people are shifting to cryptocurrency. In recent years, more and more companies have begun developing their own cryptocurrencies. But not all of these new currencies have been successful in the market due to a lack of usability. WEOWNS is aiming to change this by providing an alternative form of payment for social media platforms, remittance transactions and Debt Free Personal Economic Security Program with a unique payment method once it’s officially rolled out, with an estimated $5 billion in transactions anticipated by May 2022

The idea of paying for something and then getting paid back for it is what is unique about WeownomyPay. This revolutionary new payment system eliminates all fees associated with making payments through credit cards or wire transfers, giving people a convenient way to pay without incurring any extra costs.

The People Powered WEOWNS

In an era of globalization, with a steadily growing population and increasing cost of living around the world, the demand for a new payment system that benefits everyone is vital. With this in mind, WEOWNOMY came up with an innovative solution to meet these needs: WeownomyPay.

The design is geared towards: 1] providing debt-free personal economic security for everyone; 2] eliminating transaction fees; 3] rewarding remittance transactions with an extra amount of WEOWNS; 4] creating strategic partnerships that will help build key African Unity Initiatives powered by Pan African Peoples Alliance and Pan African Peoples Accord..

In the next 20 years, more than 50% of the global population will live in urban areas. A consequence of this is that people will be less connected to each other and it will become increasingly difficult for people to find empathy and compassion in a world where they are surrounded by strangers.

WeownomyPay’s vision is for WEOWNS, the currency of kindness, to complement fiat currencies, not compete with them; a key strategy is to build personal sustainable economic lives using Weownomy social media platform to enable millions of users and WeownomyChat in order for the network to reach significant scale and large volume of transactions made in WEOWNS.

One Way to Keep the Wealth in Your Own Country

Many developing countries have currencies that are volatile and subject to being devalued. WeownomyPay is a project aiming to solve this problem by providing access to the national currency of the country in which they reside, no matter where they are. WEOWNS will be fully backed by remittance transactions or Weownomy social media user paid online activities for using the platform denominated in WEOWNS to be represented in any fiat currencies.

The United States has a $19 trillion dollar debt. But what if there was a way to keep the wealth in your own country? What if people and businesses in regions whose local currencies have WEOWNS users on the WeownomyPay network could directly access their national currency without any bank intermediaries or exchange rates, but with full confidence that each WEOWNS will be fully backed by the people using WeownomyPay network, which will consist of remittance transactions or Weownomy social media users. It has an ambitious goal to be one of the leading digital currencies in usage, transaction volume and value worldwide.

WEOWNOMYPAY is a unique idea to help build an economy with your country’s own currency. It will allow people and businesses in the regions whose local currencies have WEOWNS users on the WeownomyPay network to directly access their national currency. “WEOWNOMYPAY allows for everyone, no matter where they are, to keep wealth within their own country without having to use any other form of money.” Ssemakula Luyima Peter

WEOWNS Are Not Designed to Replace Local Currencies

The global currency WEOWNS are not designed to replace the local currencies in developing nations but could serve as a complementary to the more established financial services that make up 98% of the developing nations. This will target personal and corporate digital wallets that pay bills, goods and services, debt-free personal economic security program. WeownomyPay will hand out $170 Million in digital WEOWNS via Virtual Wedding Crypto Expo in October 2021 and expects a wide-scale test during WeownomyChat launch in November 2021.

The first user owned payment processor to work with WEOWNS currency trials that will allow users to link their accounts with WEOWNS digital currency. Weownomy will distribute several millions dollars’ worth of WEOWNS through WeownomyPay that is connected to an acquirer bank. These tests are intended to allow users to buy products from participating business entities and WeownomyChat marketplace.

WEOWNMYPAY: A LINK TO THE WEOWNS ECONOMY.

The WeownomyPay inclusion shows that the new crypto currency has opened a payment link interface to the ecosystem of internet payment platforms, which could broaden the online application of WEOWNS digital currency in such scenarios as e-commerce, social networks and online-to-offline business. It will attract more merchants to open payment channels for the digital currency, helping leverage the digital WEOWNS role as people’s currency.

The new, blockchain-based digital currency WEOWNS is set to launch in October 2021 (to be announced), with over 100,000 co-owners to sign up for the tests. The system will be distributing 10 million digital WEOWNS “on WEOWNS Wedding day” which are worth $170 Million at current WEOWNS prices. But WEOWNS has one thing no other crypto currency does: it’s all about community ownership. It will not be long before there are more than one billion co-owners around the world who want in on this great opportunity.

Weownomy accelerates its efforts to widely distribute its digital people’s currency of kindness before the WeownomyChat launch; the initiative is a historic initiative to launch people’s monetary kindness system. Once the digital WEOWNS is in wide circulation, it will likely power the digital payment operations of social media, remittance transactions and Debt Free Personal Economic Security Program. The History of Kindness is about to Be Written.

Kindness is the currency of people’s power. It fuels all things that humans care about, whether it be financial or emotional prosperity, health and happiness, relationship bonds with others. Kindness is also the force behind every successful entrepreneurial endeavor. The advent of WeownomyChat will provide a platform for an exponential distribution of kindness in society because WEOWNS are the perfect digital representation of what humans care about most: their own success, health and well-being as well.

About WEOWNS

WEOWNS is a new currency that was created to address the shortcomings of Bitcoin. WEOWNS is designed to be used as an incentive for people who want to do good in their communities, not just mine bitcoins. WEOWNS incentivizes entrepreneurs and users to act with kindness towards one another by building trust through commitments made. This means that any user or entrepreneur who follows the precept should generally be expected to be more successful than otherwise, because they will have earned more WEOWNS.

About Weownomy Platform Corporation

Weownomy Platform Corporation, Incorporated in the State of Delaware https://www.weownomy.global is launching a subscription-based, open and participatory platform. A new redefined social network that facilitates people’s participation in the democratic process of defining their own rules for their future, generating an ownership structure where every person has rights to share in the proceeds generated by this new economy and hence true economic equality.

Media

Ssemakula Peter Luyima

ceo@weownomy.global

President and CEO

Weownomy Platform Corporation

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Image 1: WeownomyPay

New Digital Payment Processor

This content was issued through the press release distribution service at Newswire.com.

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Unhappy With Prices, US Ranchers Look to Build Own Meat Plants

Like other ranchers across the country, Rusty Kemp for years grumbled about rock-bottom prices paid for the cattle he raised in central Nebraska, even as the cost of beef at grocery stores kept climbing.

He and his neighbors blamed it on consolidation in the beef industry stretching back to the 1970s that resulted in four companies slaughtering more than 80% of the nation’s cattle, giving the processors more power to set prices while ranchers struggled to make a living. Federal data show that for every dollar spent on food, the share that went to ranchers and farmers dropped from 35 cents in the 1970s to 14 cents recently.

It led Kemp to launch an audacious plan: Raise more than $300 million from ranchers to build a plant themselves, putting their future in their own hands.

“We’ve been complaining about it for 30 years,” Kemp said. “It’s probably time somebody does something about it.”

Crews will start work this fall building the Sustainable Beef plant on nearly 400 acres near North Platte, Nebraska, and other groups are making similar surprising moves in Iowa, Idaho and Wisconsin. The enterprises will test whether it’s really possible to compete financially against an industry trend that has swept through American agriculture and that played a role in meat shortages during the coronavirus pandemic.

The move is well timed, as the U.S. Department of Agriculture is now taking a number of steps to encourage a more diverse supply in the beef industry.

Still, it’s hard to overstate the challenge, going up against huge, well-financed competitors that run highly efficient plants and can sell beef at prices that smaller operators will struggle to match.

‘They’re ready to take a risk’

The question is whether smaller plants can pay ranchers more and still make a profit themselves. An average 620-kilogram steer is worth about $1,630, but that value must be divided between the slaughterhouse, feed lot and the rancher, who typically bears the largest expense of raising the animal for more than a year.

David Briggs, the CEO of Sustainable Beef, acknowledged the difficulty but said his company’s investors remain confident.

“Cattle people are risk takers and they’re ready to take a risk,” Briggs said.

Consolidation of meatpacking started in the mid-1970s, with buyouts of smaller companies, mergers and a shift to much larger plants. Census data cited by the USDA shows that the number of livestock slaughter plants declined from 2,590 in 1977 to 1,387 in 1992. And big processors gradually dominated, going from handling only 12% of cattle in 1977 to 65% by 1997.

Currently four companies — Cargill, JBS, Tyson Foods and National Beef Packing — control more than 80% of the U.S. beef market thanks to cattle slaughtered at 24 plants. That concentration became problematic when the coronavirus infected workers, slowing and even closing some of the massive plants, and a cyberattack last summer briefly forced a shutdown of JBS plants until the company paid an $11 million ransom.

The Biden administration has largely blamed declining competition for a 14% increase in beef prices from December 2020 to August. Since 2016, the wholesale value of beef and profits to the largest processors has steadily increased while prices paid to ranchers have barely budged.

Trying to retain workers with higher pay

The backers of the planned new plants have no intention of replacing the giant slaughterhouses, such as a JBS plant in Grand Island, Nebraska, that processes about 6,000 cattle daily — four times what the proposed North Platte plant would handle.

However, they say they will have important advantages, including more modern equipment and, they hope, less employee turnover thanks to slightly higher pay of more than $50,000 annually plus benefits along with more favorable work schedules. The new Midwest plants are also counting on closer relationships with ranchers, encouraging them to invest in the plants, to share in the profits.

The companies would market their beef both domestically and internationally as being of higher quality than meat processed at larger plants.

Chad Tentinger, who is leading efforts to build a Cattlemen’s Heritage plant near Council Bluffs, Iowa, said he thinks smaller plants were profitable even back to the 1970s but that owners shifted to bigger plants in hopes of increasing profits.

Now, he said, “We want to revolutionize the plant and make it an attractive place to work.”

‘They’re extremely efficient’

Besides paying ranchers more and providing dividends to those who own shares, the hope is that their success will spur more plants to open, and the new competitors will add openness to cattle markets.

Derrell Peel, an agricultural economist at Oklahoma State University, said he hopes they’re right, but noted that research shows even a 30% reduction in a plant’s size will make it far less efficient, meaning higher costs to slaughter each animal.

Unless smaller plants can keep expenses down, they will need to find customers who will pay more for their beef, or manage with a lower profit margin than the big companies.

“We have these very large plants because they’re extremely efficient,” Peel said.

According to the North American Meat Institute, a trade group that includes large and mid-size plants, the biggest challenge will be the shortage of workers in the industry.

It’s unfair to blame the big companies and consolidation for the industry’s problems, said Tyson Fresh Meats group President Shane Miller.

“Many processors, including Tyson, are not able to run their facilities at capacity in spite of ample cattle supply,” Miller told a U.S. Senate committee in July. “This is not by choice: Despite our average wage and benefits of $22 per hour, there are simply not enough workers to fill our plants.”

The proposed new plants come as the USDA is trying to increase the supply chain. The agency has dedicated $650 million toward funding mid-size and small meat and poultry plants and $100 million in loan guarantees for such plants. Also planned are new rules to label meat as a U.S. product to differentiate it from meat raised in other countries.

“We’re trying to support new investment and policies that are going to diversify and address that underlying problem of concentration,” said Andy Green, a USDA senior adviser for fair and competitive markets.

Source: Voice of America

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Funerals Held for Victims of Afghanistan Mosque Bombing

Funeral services were held Saturday for victims of Friday’s suicide bomb attack on a Shiite mosque in Afghanistan’s southern city of Kandahar that killed at least 47 people and wounded more than 70.

Islamic State’s Amaq news agency said late Friday that two of its members fatally shot security guards at the entrance to the mosque before blowing themselves up inside between two groups of hundreds of worshippers.

IS identified the attackers as Afghan nationals Anas al-Khurasani and Abu Ali al-Baluchi.

Taliban officials vowed to bolster security at Shiite mosques Saturday as hundreds gathered while the victims were buried by their families. Sixty-three graves were prepared, but a provincial Taliban official said the official death toll was 47.

United Nations Secretary-General spokesman Stéphane Dujarric described the attack in a statement Friday as “despicable” and said the attackers “must be brought to justice.”

In a statement Friday, the U.N. Security Council stressed the need to hold everyone involved in “these reprehensible acts of terrorism accountable and bring them to justice.”

It is the second consecutive week an attack occurred at a Shiite mosque and was claimed by IS. Forty-six people were killed in an October 9 attack on a mosque in northern Afghanistan.

The attacks are fueling concerns that IS, an adversary of the Taliban and the West, is enlarging its base in Afghanistan since the withdrawal of U.S. and allied troops from the country in August.

Source: Voice of America

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Lockdown extended for two more weeks

Minister and Head of the Prime Minister Office Khamjane Vongphosy signed on Friday a notice extending lockdown measures against Covid-19 for two more weeks beginning from Oct 16-30.

“We have to do our best to ensure balance and harmony between the three measures: healthcare action, administrative guidance and economic measures meaning that all the measures the government has imposed must ensure the anti-Covid-19 goal – both infections and deaths are minimized,” stated in the notice the minister.

To be implemented between Oct 16 and 30, the Notice No 1330/PMO urges relevant authorities to attach attention to vaccination of target groups with Covid-19 vaccines at a faster pace.

All border crossings continue to be closed for individuals except for those permitted by the National Taskforce Committee for Covid-19 Prevention and Control.

Entertainment venues, cinemas, spas, karaoke shops, bars, internet cafes, snooker parlours, casinos and game shops must be closed along with massage and beauty parlours, barber shops, night markets, food gardens, and tourist sites.

Industrial factories and enterprises in areas with local transmissions of Covid-19 must be closed except those allowed by the Taskforce Committee, and those manufacturing consumer goods, medicines and medical equipment with the guidelines of the Taskfoce Committee strictly observed.

Indoor and outdoor sports facilities and all sports activities and exercises at public parks are prohibited along with festive parties.

Hoarding and raising prices of consumer goods, medical equipment and other daily necessaries are banned.

Traffic in Vientiane and provinces with locally transmitted cases of Covid-19 is banned between 22:00 and 05:00 hours, except for the transport of goods, food, medical equipment, ambulances, fire trucks, rescue vehicles, and vehicles of Taskforce Committee and those allowed by the committee.

The notice bans teaching and learning activities and suspends the opening of academic year for all education levels and entrance examination for vocational, pedagogical, and tertiary education institutes.

Meetings, gatherings, and activities with more than 20 participants including religious activities, traditional festivals, and wedding parties are banned. Necessary meetings and official receptions can be organized with prior permission from the national or provincial Taskforce Committees.

Civil servants and employees of enterprises in Vientiane and provinces are ordered to work at office or work from home on a rotary basis with risk groups and unvaccinated pregnant women allowed to work from home.

Wholesales and retails shops, supermarkets, minimarts, fresh markets, food markets are allowed to open provided that anti-Covid-19 measures including temperature testing, social distancing of 1 m, wearing masks, washing hands with gels or soaps are strictly observed. Entry and exit of the businesses must be arranged properly, and they must be closed by 20.00 hours.

Barbour shops, and beauty salons outside red zones can open provided that they are not crowded and both shop owners, their employees and customers must be fully vaccinated against Covid-19 and the shops must be closed by 19.00 hours.

Massage, beauty salons and barbershops in areas without local transmissions of Covid-19 can open provided that service providers and clients are fully vaccinated and the shops must be closed by 20.00 hours. Restaurants and cafes in areas without local infections can open only if the seats are arranged one metre apart. Sale of alcoholic drinks is prohibited.

Factories and enterprises in areas without local infections can operate on the condition that employees are fully vaccinated and reside in free-Covid-19 areas.

Source: Lao News Agency

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Lanexang train arrives in Vientiane, handed over to Lao government

Lanexang train, named after Laos’ former name Lanexang Kingdom, arrived in Vientiane this morning with the handover of the electric multiple unit (EMU) held at Vientiane Station, the largest station of the Laos-China Railway.

It will have test run and technical inspection before it is confirmed fit for actual traffic.

It is expected to be launched for public use on December 2 in celebrating the 46th founding anniversary of the Lao PDR.

The handover of the train took place between Chinese Ambassador to the Lao PDR Jiang Zaidong and Minister of Public Works and Transport Viengsavanh Siphandone in the presence of representatives of relevant authorities of Laos and China.

Capable of traveling up to 160 km/h, the train has nine carriages including one motor car, one first class passenger car, one restaurant car and six second class cars.

Equipped with 720 seats, it can be connected with another train to form a longer one as needed.

“The Lao government has obviously scheduled the railway to be launched on the coming National Day December 2, 2021. This EMU “Lanexang” train which has just been successfully handed over demonstrates that the Laos-China Railway construction project has entered dynamic inspection and approval phase which is a crucial stage, and finally, the Laos-China Railway will enter operational stage. This will signify that the Lao PDR is entering the era of rail transport. The Lao people will have new era of transport revolution,” said Minister Viengsavanh.

Source: Lao News Agency

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Laos records 548 new Covid-19 cases, two new deaths

Some 548 new cases of Covid-19 and two new deaths attributed to the virus have been recorded nationwide over the previous 24 hours, bringing the total to 31,733 including 7,596 active cases and 38 deaths.

The National Taskforce Committee for Covid-19 Prevention and Control told a press conference today that 6,602 people were tested for Covid-19 and 379 patients were discharged from hospital yesterday.

Of the new confirmed cases, 543 were classified as local infections and five as imported cases.

Most local infections were recorded in Khammuan 241, Vientiane 161, Vientiane (province) 43, Luang Prabang 42, Xaysomboun 21, Borikhamxay 11 and Bokeo 10.

One digit local infections were reported in Luang Namtha 9, Savannakhet 8, Champassak 7, and Saravan and Xaysomboun five each.

The imported cases included three in Savannakhet and two in Vientiane.

Source: Lao News Agency