Saudi Arabia reportedly considering accepting
yuan instead of dollar for oil sales
Posted By: Hazymac, 3/15/2022 8:06:04 PM
Saudi and Chinese officials are in talks to price some of the Gulf nation's oil sales in yuan rather than dollars or euros, The Wall Street Journal reported Tuesday, citing people familiar with the matter. The two nations have intermittently discussed the matter for six years, but talks have reportedly stepped up in 2022, with Riyadh disgruntled over the United States' nuclear negotiations with Iran and its lack of backing for Saudi Arabia's military operation in neighboring Yemen. Nearly 80 percent of global oil sales are priced in dollars, and since the mid-1970s the Saudis have exclusively used the dollar for oil trading as part of a security agreement
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“She ignored crime victims”: Oregon
governor’s scheme to release convicted
murderers halted by judge 5 replies
governor’s scheme to release convicted
murderers halted by judge 5 replies
MARION COUNTY, OR- Law Enforcement Today has reported several times on Oregon Gov. Kate Brown’s mass release of prisoners ostensibly due to “COVID.”
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Since March 1, 2020, Brown has granted early release to nearly 1,200 convicted felons, including 10 convicted murderers.
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Nevertheless, Pelosi’s love for the camera, though unrequited, necessitates that she publicly pontificate whenever the red light comes on, even when her BA count is double the legal limit
The American dollar is currently the world's reserve currency, meaning it is the primary means of handling transactions between nations that have differing currencies. To qualify as a reserve currency, it must be stable and readily available, and it can be considered a safe-haven currency. In some ways, a reserve currency can become a self-fulfilling prophecy because its very status enhances its value. For Americans, that status helps prop up America's enormous debt load. That's why it was very disturbing to learn that Saudi Arabia, disgusted with the current management in Washington, D.C., is looking to start pricing
Taking Calls from Biden
8 replies
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Saudi and Chinese officials are in talks to price some of the Gulf nation's oil sales in yuan rather than dollars or euros, The Wall Street Journal reported Tuesday, citing people familiar with the matter.
The two nations have intermittently discussed the matter for six years, but talks have reportedly stepped up in 2022, with Riyadh disgruntled over the United States' nuclear negotiations with Iran and its lack of backing for Saudi Arabia's military operation in neighboring Yemen.
Nearly 80 percent of global oil sales are priced in dollars, and since the mid-1970s the Saudis have exclusively used the dollar for oil trading as part of a security agreement
Justice is served! Grand Jury clears Columbus
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officer in shooting of 16-year-old Ma’Khia Bryant 12 replies
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Hunter Biden ex-partner tries to avoid
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starting prison sentence, prosecutors
object strenuously 9 replies
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of COVID Vaccine Side Effects, Including Death 8 replies
Ever since the COVID-19 vaccines were first made available, open and honest discussion about them, their efficacy, and their potential side effects has been subject to big-tech censorship—particularly regarding the mRNA vaccines by Pfizer and Moderna.
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Trust me. I know the drinking signs. It’s my considered opinion that the San Francisco-based House Speaker is filled to the gills in the clip you’re about to witness.
It’s bad enough when a Blue Enclave progressive tries to explain military and geopolitical events, like an internet rando on fentanyl trying to explain rocket science to Elon Musk.
Nevertheless, Pelosi’s love for the camera, though unrequited, necessitates that she publicly pontificate whenever the red light comes on, even when her BA count is double the legal limit
Congress Gives Itself Double-Digit Raise
23 replies
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Disgraced 'Empire' actor Jussie Smollett will be released from jail after just six days behind bars so he can appeal his conviction for faking a hate crime. He's expected to hold a press conference at the Cook County Jail at 8:30 p.m. after he posts the required $150,000 personal recognizance bond. Judges ruled that he should go free while his lawyers work on the appeal of his conviction on five felony counts of lying to police about a racist and homophobic attack.
Ukrainian President Volodymyr Zelensky on Wednesday implored the U.S. and its allies to “close the sky over Ukraine,” invoking Pearl Harbor and 9/11 and showing graphic images of the destruction and death wrought by Russia’s attack on Ukraine.
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PIERRE, S.D. — The National Park Service has denied South Dakota Gov. Kristi Noem’s request to mark the Fourth of July with fireworks at Mount Rushmore, citing opposition from Native American tribes as well as the possibility of igniting wildfires. “Mount Rushmore is the best place in America to celebrate our nation’s birthday – I just wish President Biden could see that,” the Republican governor said in a statement Tuesday. “Last year, the President hypocritically held a fireworks celebration in Washington, D.C., while denying us our own event. This year, it looks like they are planning to do the same.”
Comments:
If the $USD were to lose its status as the world's reserve currency, the economic loss to the USA would dwarf the Great Depression.