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petro dollar

3 Podcasters Walk Into A Bar

3 Podcasters Walk in a Bar Episode 39 – Global Financial Ripples: UAE’s Petrodollar Exit Explored and MORE!!..

December 11, 2023 Erick Parel

Highlights of the podcast: 04:31 – The significance of UAE ditching the petrodollar and its implications in global trade. 05:56 – Concerns about the Biden administration’s foreign policy and its impact on relationships in the […]

3 Podcasters Walk Into A Bar

3 Podcasters Walk in a Bar Episode 38 – Who will buy the US dept? Are we broke? The guys cover that and the COP28

December 6, 2023 Stu Turley

Highlights of the podcast: 04:31 – The significance of UAE ditching the petrodollar and its implications in global trade. 05:56 – Concerns about the Biden administration’s foreign policy and its impact on relationships in the Middle East. […]

Climate Crisis

Daily Energy Standup Episode #261 – Weekly Recap: COP 28, Carbon Emissions, and Global Energy Shifts

December 2, 2023 Andy Del Prado

Daily Standup Weekly Top Stories What Is COP28 and Why Is It Important? November 25, 2023 Mariel Alumit World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down […]

Big Oil Companies

Daily Energy Standup Episode #260 – Copper Supply Concerns, LNG Cruise Ships, and Geopolitical Shifts in the Oil Trade

November 30, 2023 Andy Del Prado

Daily Standup Top Stories Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 November 29, 2023 Mariel Alumit Reduced supply from major copper producers Panama and Peru may flip the global […]

UAE
Crude Oil News

UAE officially stops using dollar for oil trades

November 29, 2023 Mariel Alumit

The global financial landscape is witnessing a seismic shift as the United Arab Emirates (UAE) boldly moves away from the US dollar in its oil trade dealings. This strategic pivot aligns with the broader ambitions of the […]

Crude Oil News

China and Saudi Arabia set up currency swap line – Petro Dollar Dies Sooner Than Later

November 20, 2023 Mariel Alumit

BEIJING, Nov 20 (Reuters) – The People’s Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals, both banks […]

BRICS
BRICS

Dollar dumped? The UAE to join India in BRICS bloc after the two powerhouses trade 1 million barrels of oil for rupees instead of USD for the first time — what this means for the greenback

August 30, 2023 Mariel Alumit

Last week it was announced that the United Arab Emirates would be joining India among the ranks of the BRICS bloc — a coalition that seeks to empower trade between the emerging economies of its […]

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