OPEC+ does not succumb to US pressure, and now the UAE intends to support Russia and Saudi Arabia in their plans to reduce oil production.

This is reported by the Financial Times.

Earlier, CNN reported that the US considers such a plan a "complete disaster" and a "hostile act." The Biden administration is putting pressure on OPEC+ countries to prevent a reduction in oil production.

Subscribe to @Sputnik

I'd love to get an answer to this question: https://twitter.com/iEarlGreyTV/status/1577660190836531200?s=20&t=BKSLE4Kyx92IDS2SUQq-bQ

https://www.ukcolumn.org/video/uk-column-news-5th-october-2022

From timestamp 16:18 The UKCOLUMN guys cover disinfo.eu ! Very interesting stuff.

History Rhyming?

https://twitter.com/41_times_32/status/1577557090532560896?s=20&t=BKSLE4Kyx92IDS2SUQq-bQ

🤦‍♂️🤣🤣 I appreciate it's difficult when you're not allowed to print real news.

US mortgage rates jumped to a 16-year high of 6.75%, marking the seventh-straight weekly increase and spurring the worst slump in home loan applications since the depths of the pandemic.

The contract rate on a 30-year fixed mortgage rose nearly a quarter percentage point in the last week of September, according to Mortgage Bankers Association data released Wednesday. The steady string of increases in mortgage rates resulted in a more than 14% slump last week in applications to purchase or refinance a home.

#mortgage #US #market

Priority given to practice: mobilised personnel commence fire training in Amur region

◽️ Instructors with experience of participating in modern armed conflicts share their methodological knowledge in army tactical shooting with the servicemen.

◽️ Personnel are trained in shooting, medicine, engineering, tactics, communications and NBC protection.

#StrongerTogether
@mod_russia_en

RUSSIA’S DEPUTY PM NOVAK: RUSSIA WILL BE WILLING TO CUT PRODUCTION TO COMPENSATE FOR PRICE CAPS

#Russia #oil #energy #OPEC #news_in_one_line

Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies.

The trial, which involved France and Germany's national central banks as well as global lenders like HSBC, Standard Chartered and UBS, looked at how CBDCs could be used internationally and even converted into fiat money if needed.

3 minute readOctober 5, 20229:19 AM GMT+3Last Updated 4 hours ago
SWIFT sets out blueprint for central bank digital currency network
By Marc Jones
Illustration picture of the app for China's digital currency
China's official app for digital yuan is seen on a mobile phone next to 100-yuan banknotes in this illustration picture taken October 16, 2020. REUTERS/Florence Lo/Illustration
LONDON, Oct 5 (Reuters) - Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies.

The trial, which involved France and Germany's national central banks as well as global lenders like HSBC, Standard Chartered and UBS, looked at how CBDCs could be used internationally and even converted into fiat money if needed.

Around 90% of the world's central banks are now using, trialling or looking into CBDCs. Most don't want to be left behind by bitcoin and other cryptocurrencies, but are grappling with technological complexities.

#US #market #CBDC #crypto

🇬🇧❗ More than 250,000 British companies closed in the first half of the year, this is a record - WSJ

The main reasons are high inflation and falling consumer demand.

Weekly inflation in Russia down to 0.07% — statistics

It is noted that consumer prices rose by 10.4% from the year beginning
Read more...

'Everything has a price' - OPEC chiefs clash with journalist over huge cuts to oil production

OPEC Secretary General Haitham al-Ghais responded to a journalist who accused the organization of trying to "hold the whole world hostage" and the announced production cuts were "an aggressive move."

On October 5, OPEC+ announced a reduction in oil production by 2 million barrels per day compared to August levels.

"We provide security and stability in the energy market," said al-Ghais.

I enjoyed that little temper tantrum from the CNBC reporter. Notice how they're already lining up the narrative that someone else, NOT the West, are to blame for the coming global economic collapse.

Reposted: For our free, yet censored friends