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

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o Re: Saudi Arabia and the US petro-dollarchromebook test

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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 - Mon, 12 Jun 2023 15:57 UTC

On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbl...@gmail.com 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

Pakistan's Russian crude shipment paid in Chinese currency
By Ariba Shahid and Asif Shahzad June 12, 2023
https://www.reuters.com/markets/commodities/pakistans-russian-crude-shipment-paid-chinese-currency-minister-2023-06-12/

ISLAMABAD, June 12 (Reuters) - Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese currency, the South Asian country's petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy.

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