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arts / rec.arts.tv / Re: Saudi Arabia and the US petro-dollar

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Re: Saudi Arabia and the US petro-dollar

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Subject: Re: Saudi Arabia and the US petro-dollar
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 by: chromebook test - Fri, 18 Nov 2022 23:30 UTC

On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbluemime CAN"T KEEP A GOOD MIME DOWN wrote:
> Saudi Arabia and the US petro-dollar
>
>
>
>
> ◙ Background:
>
> The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.
>
> https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret
>
>
>
>
>
>
> ◙ 2017:
>
> Saudi Arabia wants to kill the petrodollar
> https://www.rt.com/business/410056-saudi-arabia-petrodollar-economist/
>
>
>
>
>
>
> ◙ 2018:
>
> Saudi report threatens Trump over #JamalKhashoggi
>
> 1. Install a Russian base
> 2. Take oil to $200
> 3. Kill the petro dollar
> 4. Stop buying US weapons
>
> US will "stab its own economy to death"
>
> https://twitter.com/wikileaks/status/1051583051321536513
> https://english.alarabiya.net/en/views/news/middle-east/2018/10/14/OPINION-US-sanctions-on-Riyadh-means-Washington-is-stabbing-itself.html

What is the Petrodollar and Why Does It Matter

https://web.archive.org/web/20201220075137/https://www.youtube.com/watch?v=xNr1LWgIyiE

Re: Saudi Arabia and the US petro-dollar

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Subject: Re: Saudi Arabia and the US petro-dollar
From: chromium...@gmail.com (chromebook test)
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 by: chromebook test - Fri, 18 Nov 2022 23:35 UTC

On Friday, November 18, 2022 at 6:30:15 PM UTC-5, chromebook test wrote:
> On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbluemime CAN"T KEEP A GOOD MIME DOWN wrote:
> > Saudi Arabia and the US petro-dollar

> > ◙ Background:


> > The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.

> > https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret

“It’s really beyond ironic that President Biden has basically delivered an assurance of impunity for Mohammed bin Salman, which is the exact opposite of what he promised to do to hold the killers of Jamal Khashoggi accountable,” Whitson told CNN.

US determines Saudi Crown Prince is immune in case brought by Jamal Khashoggi’s fiancée
Alex Marquardt November 18, 2022
https://www.cnn.com/2022/11/17/politics/saudi-crown-prince-immunity-state-department-jamal-khashoggi

> What is the Petrodollar and Why Does It Matter
> https://web.archive.org/web/20201220075137/https://www.youtube.com/watch?v=xNr1LWgIyiE

TAGS: #gawdbleshuhmerka!

Re: Saudi Arabia and the US petro-dollar

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Subject: Re: Saudi Arabia and the US petro-dollar
From: chromium...@gmail.com (chromebook test)
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 by: chromebook test - Tue, 28 Mar 2023 01:21 UTC

On Friday, November 18, 2022 at 6:30:15 PM UTC-5, chromebook test wrote:
> On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbluemime CAN"T KEEP A GOOD MIME DOWN wrote:
> > Saudi Arabia and the US petro-dollar

> > The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.

> What is the Petrodollar and Why Does It Matter
> https://web.archive.org/web/20201220075137/https://www.youtube.com/watch?v=xNr1LWgIyiE

Probably nothing 🤷🏻‍♀️
10:26 PM · Mar 26, 2023
https://twitter.com/HumbleBitcoiner/status/1640178410746966016

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Probably nothing 🤷🏻‍♀️ <a href="https://t.co/SWmSBwTTta">pic.twitter.com/SWmSBwTTta</a></p>&mdash; Hum₿le Warrior 🇺🇸⚔️🌏 (@HumbleBitcoiner) <a href="https://twitter.com/HumbleBitcoiner/status/1640178410746966016?ref_src=twsrc%5Etfw">March 27, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Re: Saudi Arabia and the US petro-dollar

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Subject: Re: Saudi Arabia and the US petro-dollar
From: chromium...@gmail.com (chromebook test)
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 by: chromebook test - Wed, 29 Mar 2023 17:51 UTC

On Monday, March 27, 2023 at 9:21:30 PM UTC-4, chromebook test wrote:
> On Friday, November 18, 2022 at 6:30:15 PM UTC-5, chromebook test wrote:
> > On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbluemime CAN"T KEEP A GOOD MIME DOWN wrote:
> > > Saudi Arabia and the US petro-dollar

> > > The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.

> > What is the Petrodollar and Why Does It Matter
> > https://web.archive.org/web/20201220075137/https://www.youtube.com/watch?v=xNr1LWgIyiE

> Probably nothing 🤷🏻‍♀️
> 10:26 PM · Mar 26, 2023
> https://twitter.com/HumbleBitcoiner/status/1640178410746966016

The Saudi Council of Ministers has officially approved the proposal to join Shanghai Cooperation Organisation (SCO). 🇸🇦 🇨🇳 🇷🇺 🇮🇳
8:27 PM · Mar 28, 2023
https://twitter.com/EbrahimHashem/status/1640873268768026624

UPDATE 1-Russian c.bank: Yuan reserve assets held in China, mostly as govt securities
By Reuters Staff MARCH 29, 2023
https://www.reuters.com/article/idUSL1N3611TU

MOSCOW, March 29 (Reuters) - Russia’s central bank said on Wednesday it stores gold and cash foreign currency reserves inside Russia, while its yuan assets are held in China, mainly in the form of government securities.

In Russia, where the dollar was king for years following the collapse of the Soviet Union in 1991, the yuan has become a major player, with its share in Russia’s import settlements jumping to 23% from 4% last year.

In an annual report, the central bank said it had been accelerating investments in assets that cannot be blocked by states it calls “unfriendly” - those that have imposed sanctions against Russia - since 2014.

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