Only two weeks after Saudi Arabia announced an effort to establish diplomatic ties to Iran in a deal mediated by China, more news surfaced that Saudi Arabia was also planning to reopen its embassy in Syria for the first time …
By Brandon Smith The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They …
It is now 800 euro per megawatt https://t.co/9AJjOjV7Zh — Aaron Ginn (@aginnt) August 29, 2022
As Joe Biden moved to open US strategic oil reserves, his two biggest oil-producing allies have kept their tanks firmly shut. The UAE and Saudi Arabia continue to rebuff the US president as he attempts to counter soaring oil prices …
No more Petro-Dollars?!#SaudiRussiaChina pic.twitter.com/6pcSwKfuTh — Willem Middelkoop (@wmiddelkoop) March 15, 2022 The Beginning of the End of the Petro Dollar System Saudi Arabia is in active talks with Beijing to price its some of its oil sales to China in …
via RT: Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say. The sanctions can make the yuan a more preferable currency than the dollar on the oil market. Since their launch in May, the interest in …
by AMY S. China wouldnt even be considered a “Super Power” if it wasnt for the Bill Clinton presidency. He gave China the Untied States ballistic missile technology for nothing in return and allowed them to enter the World Trade Organization. …
Wolf Richter with Jim Goddard on This Week in Money: China latest effort to get its currency to be used globally is the “petro-yuan.” Is it a credible challenge to the supremacy of the US dollar? If China dumped US Treasuries, …
China Is About to Shake Up the Oil Futures Market Yuan-denominated contract begins trading in Shanghai Monday Domestic futures start 25 years after idea was first mooted It’s taken a quarter of a century, but China finally has its …
The omnibus bill has been signed by Trump, this bill is 2230 pages long and it is not a budget plan it is a spending bill, the same spending bill Obama used throughout his presidency. This bill allows the president …
It finally launched! They said it wouldn’t happen but it did. After many delays and much skepticism, the Yuan based oil futures market has launched. Will this be a DEATH BLOW to the PETRODOLLAR? Is this the end for the …
A month ago there was an article in the WSJ’s that discussed the US military was going to be shifting there focus from the Middle East to China & Russia. U.S. Considers Boosting Asia Forces With Special Marine Units Shift …
If you leave your sliding glass door open, you might let in a stray cat, raccoon, or bugs without knowing it. Some intruders are worse than others. All can be annoying. But let in a thief, who robs your home… …
Jaime Carrasco interviewed on Palisade Radio Jamie has a financial background in Canada as a credit analyst; this gives him a good understanding of the credit cycle and economics. He likes looking at the finances of the world from a geopolitical …
https://www.youtube.com/watch?v=hPVG5ADwXJE Today’s Guest: Steve St. Angelo Websites: SRS Rocco Report https://srsroccoreport.com YouTube: SRS Rocco Report https://www.youtube.com/channel/UCED7…
by Jim Willie CB The Chinese Govt is greatly irritated by the requirement to use USDollars in payment for crude oil in the global market. The Beijing officials finally have some leverage in arranging for a major deal to …
