Saudi Arabia Ends 80-Year Petrodollar Deal, Boosting Other Currencies And Potential Bitcoin Use
Updated Jun 14, 2024, 08:44 ISTThe agreement created joint commissions for economic cooperation and supported Saudi Arabia's military needs. BIG...
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What was the US-Saudi petrodollar deal that lapsed after 50 years? – Firstpost
The deal signed on 8 June, 1974, allowed US dollars to be exchanged for crude oil exports. ReutersThe US-Saudi Arabia...
Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales
Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June...
Gulf money’s targeting of European telecoms raises hackles – POLITICO
Nadia Calviño, then-Spanish finance minister, told POLITICO last year that Telefónica "is a key player, not only in the area...
A shift away from the US dollar is happening in real time, and investors must be ready
The US dollar’s dominance is in decline as Russia and Saudi Arabia eye the Chinese yuan for oil trades, and...
Over half of Aramco share sale allocated to foreign funds
Image credit: Saudi Aramco Saudi Arabia placed over half of an $11.2bn share sale in Aramco with foreign investors, two...
UK ministers visit Saudi Arabia to boost trade ties amid ‘lethal force’ reports
UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that...
Europe and Saudi Arabia establish first European Chamber of Commerce in the Gulf
The establishment of the European Chamber of Commerce in Saudi Arabia (ECCKSA) will serve as the perfect catalyst for economic...
Who funds American antisemitic and anti-Israel propaganda?
The success of the despicable anti-Israel and pro-Hamas protests on college campuses in the United States is related to the fact that they are not spontaneous at all but well organized and financed.During the wave of anti-Israel boycotts, Arab commentators and journalists published articles that exposed the propaganda in the USA and the money it invests in "education" in America. In 2019, a coalition of Arab countries in the Middle East - Saudi Arabia, the Emirates, Bahrain, and Egypt - boycotted the principality of Qatar due to its support...
UK MP Menzies quits Conservatives after claims he misused party funds
LONDON — Mark Menzies, who was suspended by the Conservative Party over allegations he misused campaign funds, is to quit...
