Forwarded from Africa Intel
๐ณ๐ช Major Pipeline projects and coup d'รฉtat in Niger
Since the coup in Niger took place, many Western and African nations stared to voice their concern regarding many things: uranium and other resources import from Niger, airspace closure and elongated fly time to and from some countries in different parts of Africa, threat of a second Great war of Africa and deterioration of situation with terrorism, etc.
๐ปOne of such concerns was voiced regarding the major oil and gas pipeline projects that cross the Nigerien territory or start there. Such major projects are Niger-Benin oil pipeline, Niger-Chad oil pipeline (that connects to the Chad-Cameroon pipeline) and Trans-Saharan gas pipeline. ECOWAS and Western nations were first to voice their concerns with the fate of these projects.
However, just like with the uranium (which continues to be exported from Niger and companies like Orano continue their work in the republic) the situation with pipelines remains the same no matter the coup.
โช๏ธWith Niger-Benin pipeline everything is clear. The Benin government itself told that Niger-Benin oil pipeline is not impacted by sanctions, the projects was not abandoned and is still under construction. The most recent news indicate that the pipeline is ready for 75% and should be finished soon.
โช๏ธThe situation with Niger-Chad and Trans-Saharan pipelines is different. Many western outlets started to cry that projects are under threat of being canceled. Which is funny, because even before the coup the fate of these projects was a mystery.
The Niger-Chad pipeline is presumed to be shelved, because there were no news since 2019. And in 2019 Chad authorities informed that the project, most likely, was stopped in favour of Niger-Benin pipeline. The official explanation given for the project's "cancellation" was concerns about attacks by Boko Haram in the Lake Chad area.
With the Trans-Saharan gas pipeline the situation almost the same, except that the project was and is in work. The idea of the Trans-Saharan pipeline was first proposed in the 1970s. In 2000s the preparations to build it began. However latest news are from autumn of 2022. And they were about the singing of memorandum of understanding between Nigeria, Niger and Algeria. So the project remained quite vague even before the coup. And there's no confirmation of its cancelation.
๐ปAll in all, these "concerns" about the major pipeline projects are just another attempt to pressure Niger's military authorities to take a more favorable position in the international relations in order to bargain for better terms with the junta.
The same as with the situation with "invasion" or concerns of toppled president Bazoum's health.
High-res
#Niger #Map
@africaintel
Since the coup in Niger took place, many Western and African nations stared to voice their concern regarding many things: uranium and other resources import from Niger, airspace closure and elongated fly time to and from some countries in different parts of Africa, threat of a second Great war of Africa and deterioration of situation with terrorism, etc.
๐ปOne of such concerns was voiced regarding the major oil and gas pipeline projects that cross the Nigerien territory or start there. Such major projects are Niger-Benin oil pipeline, Niger-Chad oil pipeline (that connects to the Chad-Cameroon pipeline) and Trans-Saharan gas pipeline. ECOWAS and Western nations were first to voice their concerns with the fate of these projects.
However, just like with the uranium (which continues to be exported from Niger and companies like Orano continue their work in the republic) the situation with pipelines remains the same no matter the coup.
โช๏ธWith Niger-Benin pipeline everything is clear. The Benin government itself told that Niger-Benin oil pipeline is not impacted by sanctions, the projects was not abandoned and is still under construction. The most recent news indicate that the pipeline is ready for 75% and should be finished soon.
โช๏ธThe situation with Niger-Chad and Trans-Saharan pipelines is different. Many western outlets started to cry that projects are under threat of being canceled. Which is funny, because even before the coup the fate of these projects was a mystery.
The Niger-Chad pipeline is presumed to be shelved, because there were no news since 2019. And in 2019 Chad authorities informed that the project, most likely, was stopped in favour of Niger-Benin pipeline. The official explanation given for the project's "cancellation" was concerns about attacks by Boko Haram in the Lake Chad area.
With the Trans-Saharan gas pipeline the situation almost the same, except that the project was and is in work. The idea of the Trans-Saharan pipeline was first proposed in the 1970s. In 2000s the preparations to build it began. However latest news are from autumn of 2022. And they were about the singing of memorandum of understanding between Nigeria, Niger and Algeria. So the project remained quite vague even before the coup. And there's no confirmation of its cancelation.
๐ปAll in all, these "concerns" about the major pipeline projects are just another attempt to pressure Niger's military authorities to take a more favorable position in the international relations in order to bargain for better terms with the junta.
The same as with the situation with "invasion" or concerns of toppled president Bazoum's health.
High-res
#Niger #Map
@africaintel
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Forwarded from Strategic Culture Foundation
๐ฐ๐ช Western weapons manufacturers are popping champagne corks over record sales with total revenues hitting $400 billion for last year. According to media reports, this coming year-end will see that record figure exceeded by another salivating $50 billion.
Ukraine may be resembling a bloodbath, as we noted in last weekโs editorial. But apparently, Western military corporations are swimming in a bonanza of profits and stock market investments.
Most of this lucrative new business stems from NATOโs proxy war with Russia in Ukraine, which is heading toward its second year. There is no sign of a diplomatic effort from the West or the Kiev regime it sponsors to end the bloodshed.
The main corporate beneficiaries making a financial killing from Ukraine are by far the American firms. They include such behemoths as Lockheed Martin, Boeing and RTX (formerly Raytheon). But also enjoying soaring profits are arms makers in other NATO countries: BAE in the United Kingdom, Airbus in France, Netherlands and Spain, Leonardo in Italy, and Germanyโs Rheinmetall.
This week the Joe Biden administration requested another $24 billion in U.S. taxpayer-funded aid to Ukraine. Itโs hard to keep track of the money flowing from NATO countries to prop up the Nazi regime in Kiev. Even the NATO authorities donโt seem to know the precise figures, such is the rampant corruption that is inevitably associated with the vast doling of funds. But estimates of total U.S. and NATO aid to Ukraine range from $150 billion to $200 billion over the past year alone.
Western capitalism is at once a sponsor and an addict of war ๐
๐ฌ Read more in this weekโs Editorial
#military #MIC #ProxyWar #Ukraine #UnitedStates
๐ Subscribe | ๐ Join us on VK
Ukraine may be resembling a bloodbath, as we noted in last weekโs editorial. But apparently, Western military corporations are swimming in a bonanza of profits and stock market investments.
Most of this lucrative new business stems from NATOโs proxy war with Russia in Ukraine, which is heading toward its second year. There is no sign of a diplomatic effort from the West or the Kiev regime it sponsors to end the bloodshed.
The main corporate beneficiaries making a financial killing from Ukraine are by far the American firms. They include such behemoths as Lockheed Martin, Boeing and RTX (formerly Raytheon). But also enjoying soaring profits are arms makers in other NATO countries: BAE in the United Kingdom, Airbus in France, Netherlands and Spain, Leonardo in Italy, and Germanyโs Rheinmetall.
This week the Joe Biden administration requested another $24 billion in U.S. taxpayer-funded aid to Ukraine. Itโs hard to keep track of the money flowing from NATO countries to prop up the Nazi regime in Kiev. Even the NATO authorities donโt seem to know the precise figures, such is the rampant corruption that is inevitably associated with the vast doling of funds. But estimates of total U.S. and NATO aid to Ukraine range from $150 billion to $200 billion over the past year alone.
๐ฌ Read more in this weekโs Editorial
#military #MIC #ProxyWar #Ukraine #UnitedStates
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Telegraph
War is a Racketโฆ U.S. and NATO Arms Industries Make Record $400 BILLION in Sales from Proxy War With Russia
Western capitalism is at once a sponsor and an addict of war. โ๏ธJoin us on Telegram, Twitter, and VK. Western weapons manufacturers are popping champagne corks over record sales with total revenues hitting $400 billion for last year. According to media reportsโฆ
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Forwarded from Africa Intel
๐ฌ๐ญ๐ณ๐ช Ghana opposition is against invasion plans
Opposition lawmakers in Ghana have expressed concern over the Ecowas plans to potentially launch military action in Niger as part of efforts to restore constitutional order in the country. The lawmakers are demanding Ghanaโs President Nana Akufo-Addo to immediately stop all preparatory mobilisation towards deploying Ghanaian soldiers.
President Akufo-Addo doesn't have a mandate from the Ghanaian people in this matter. We do not believe a military intervention is the way forward,โ Samuel Okudzeto Ablakwa, a member of parliamentโs foreign affairs committee told.
The countryโs minority lawmakers hold the view that diplomacy and constructive dialogue should be explored.
โGhana's gallant soldiers must be kept far away from the looming bloodbath and escalating geopolitical confrontation which is bound to explode with far-reaching consequences for stability in an already volatile region,โ Ablakwa said.
#Ghana #Niger
@africaintel
Opposition lawmakers in Ghana have expressed concern over the Ecowas plans to potentially launch military action in Niger as part of efforts to restore constitutional order in the country. The lawmakers are demanding Ghanaโs President Nana Akufo-Addo to immediately stop all preparatory mobilisation towards deploying Ghanaian soldiers.
President Akufo-Addo doesn't have a mandate from the Ghanaian people in this matter. We do not believe a military intervention is the way forward,โ Samuel Okudzeto Ablakwa, a member of parliamentโs foreign affairs committee told.
The countryโs minority lawmakers hold the view that diplomacy and constructive dialogue should be explored.
โGhana's gallant soldiers must be kept far away from the looming bloodbath and escalating geopolitical confrontation which is bound to explode with far-reaching consequences for stability in an already volatile region,โ Ablakwa said.
#Ghana #Niger
@africaintel
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Europe destabilisation update
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Forwarded from /CIG/ Telegram | Counter Intelligence Global (ศepeศ)
๐ฉ๐ช Germany is getting closer to legalising the recreational use of marijuana.
The German government approved legislation which would permit adults to buy and possess small amounts of the drug. The bill is now in the hands of the Bundestag which needs to give its approval before the law can take effect.
๐ https://www.nytimes.com/2023/08/16/world/europe/germany-legal-marijuana.html
https://archive.ph/SvMmt
The German government approved legislation which would permit adults to buy and possess small amounts of the drug. The bill is now in the hands of the Bundestag which needs to give its approval before the law can take effect.
๐ https://www.nytimes.com/2023/08/16/world/europe/germany-legal-marijuana.html
https://archive.ph/SvMmt
NY Times
Germany Takes Step Toward Legalizing Marijuana
The government signed off on legislation that would allow adults to buy and possess small amounts of cannabis. Parliament still needs to approve the measure.
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"If you dislike the West so much, go live under the Taliban!"
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Forwarded from Cyberspec News (Tboy)
๐ฉ๐ช 50,000 companies have closed due to insufficient funds
Over the first half of the year, 50.6 thousand German companies have already gone bankrupt, Zeit Online reported.
This is about 12% more than the same period last year.
In recent years, government aid has partially contained the surge in bankruptcies caused by the pandemic and the energy crisis. But analysts expect the situation will only worsen from here.
How are those sanctions going? When are the new ones?
Over the first half of the year, 50.6 thousand German companies have already gone bankrupt, Zeit Online reported.
This is about 12% more than the same period last year.
In recent years, government aid has partially contained the surge in bankruptcies caused by the pandemic and the energy crisis. But analysts expect the situation will only worsen from here.
How are those sanctions going? When are the new ones?
ZEIT ONLINE
Tausende grรถรere Betriebe geben Gewerbe auf
Im ersten Halbjahr haben 50.600 Betriebe geschlossen. Das sind rund zwรถlf Prozent mehr als im Vorjahr. Die Zahl der Insolvenzen stieg deutlich.
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I just received an invitation to promote Converse footwear on my channel. What does THAT tell you about the pivot to the Global South!๐
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Forwarded from Anonyme Citoyen
Selon une รฉtude du FMI, la principale cause de l'inflation en Europe depuis 2022 est due ร la hausse des profits des entreprises.
โก๏ธ t.me/AnonymeCitoyen
โก๏ธ t.me/AnonymeCitoyen
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Forwarded from The Paradigm Shift Channel โณ (Jonathan Mohan)
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๐นGerman ๐ฉ๐ช media warns about decoupling from China ๐จ๐ณ as it would be more dangerous than beneficial for the EU ๐ช๐บ. Even with a shift away from China, Europe would still be dependent on rare-earth element (REE) imports from places like Africa. As much as 90% of Europe's rare earths are imported from China.
๐นChina controls 60% of global production of REE and 85% of the processing capacity. China is considering banning the export of technologies used to produce high-performance rare earth magnets ๐งฒ citing โnational securityโ. Mining โ REEs causes various types of environmental damage including radioactive waste because of how they are extracted. Processing centres are concentrated largely in China due to special know-how, high costs for processing plants ๐ญ & operations.
๐นAfrica as a continent can outmatch both China and the West by formulating a new strategic approach towards the REE industry by developing a sound mineral policy through inter-state cooperation in order to get geopolitical leverage in the global mineral market.
๐นAfrican states involved in the REE sector need to consider:
๐ธStrengthening tax policy to maximize revenue collection.
๐ธLeveraging the African Continental Free Trade Area to maximise value addition.
๐ธUsing resources strategically to build strong trade partnerships.
Last reported on this channel:
๐ Neodymium permanent magnets for EV's ๐ & electric motors face multiple supply chain & mining limitations.
๐ European sanctions can backfire if Russia ๐ท๐บ closes it's rail cargo route to Europe with REE from China .
๐ Swedish ๐ธ๐ช discovers a major REE deposit. It will be at least 10-15 years before mined products is brought to market.
Video source - Shahid Bolsen of Middle Nation.
๐นChina controls 60% of global production of REE and 85% of the processing capacity. China is considering banning the export of technologies used to produce high-performance rare earth magnets ๐งฒ citing โnational securityโ. Mining โ REEs causes various types of environmental damage including radioactive waste because of how they are extracted. Processing centres are concentrated largely in China due to special know-how, high costs for processing plants ๐ญ & operations.
๐นAfrica as a continent can outmatch both China and the West by formulating a new strategic approach towards the REE industry by developing a sound mineral policy through inter-state cooperation in order to get geopolitical leverage in the global mineral market.
๐นAfrican states involved in the REE sector need to consider:
๐ธStrengthening tax policy to maximize revenue collection.
๐ธLeveraging the African Continental Free Trade Area to maximise value addition.
๐ธUsing resources strategically to build strong trade partnerships.
Last reported on this channel:
๐ Neodymium permanent magnets for EV's ๐ & electric motors face multiple supply chain & mining limitations.
๐ European sanctions can backfire if Russia ๐ท๐บ closes it's rail cargo route to Europe with REE from China .
๐ Swedish ๐ธ๐ช discovers a major REE deposit. It will be at least 10-15 years before mined products is brought to market.
Video source - Shahid Bolsen of Middle Nation.
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Forwarded from The Paradigm Shift Channel โณ (Jonathan Mohan)
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๐นThe Ambassador of Russia to Cairo, Georgy Borisenko, confirmed that Egypt ๐ช๐ฌ has applied to join the BRICS ๐ง๐ท๐ท๐บ๐ฎ๐ณ๐จ๐ณ๐ฟ๐ฆ group of nations. "Egypt has applied to join the BRICS group, because one of the initiatives that BRICS is currently engaged in is the maximum transfer of trade to alternative currencies, whether national or the creation of some kind of joint currency. Egypt is very interested in this".
๐นProgram Director of Valdai Forum in Russia ๐ท๐บ, Timofey Bordachev, said BRICS is now the mouthpiece of the voices of Asia, Africa, Latin America. However, adding Egypt to this list will take into account the views of the Arab-Muslim world. BRICS is now the mouthpiece of the voices of Asia, Africa, Latin America. However, adding Egypt to this list will take into account the views of the Arab-Muslim world.
๐นEgypt is looking to utilize domestic currencies to compensate for its shipments from India ๐ฎ๐ณ, China ๐จ๐ณ, as well as Russia. About 13 countries are interested in joining the BRICS, about half of the states from this list have already applied to join the international organization.
Last reported on this channel:
๐ Egypt ๐ช๐ฌ & Russia discuss the establishment of a free trade zone between the EAEU & Egypt.
๐ Egypt becomes a member of the New Development Bank of the BRICS group. Egypt & China ๐จ๐ณ have created the ECEA to encourage Chinese investments in Cairo.
๐ Egypt & Russia ๐ท๐บ discuss construction of a nuclear power plant in Egypt.
๐ Arab League meets with Russia's FM Lavrov in Egypt ๐ช๐ฌ.
Video source - i24News
๐นProgram Director of Valdai Forum in Russia ๐ท๐บ, Timofey Bordachev, said BRICS is now the mouthpiece of the voices of Asia, Africa, Latin America. However, adding Egypt to this list will take into account the views of the Arab-Muslim world. BRICS is now the mouthpiece of the voices of Asia, Africa, Latin America. However, adding Egypt to this list will take into account the views of the Arab-Muslim world.
๐นEgypt is looking to utilize domestic currencies to compensate for its shipments from India ๐ฎ๐ณ, China ๐จ๐ณ, as well as Russia. About 13 countries are interested in joining the BRICS, about half of the states from this list have already applied to join the international organization.
Last reported on this channel:
๐ Egypt ๐ช๐ฌ & Russia discuss the establishment of a free trade zone between the EAEU & Egypt.
๐ Egypt becomes a member of the New Development Bank of the BRICS group. Egypt & China ๐จ๐ณ have created the ECEA to encourage Chinese investments in Cairo.
๐ Egypt & Russia ๐ท๐บ discuss construction of a nuclear power plant in Egypt.
๐ Arab League meets with Russia's FM Lavrov in Egypt ๐ช๐ฌ.
Video source - i24News
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Forwarded from The Paradigm Shift Channel โณ (Jonathan Mohan)
๐นBangladesh ๐ง๐ฉ Foreign Minister A.K. Abdul Momen reveals the country's aspirations of becoming a BRICS member. He revealed this after a meeting between Bangladesh's Prime Minister Sheikh Hasina and South African ๐ฟ๐ฆ President Cyril Ramaphosa in Geneva๐จ๐ญ. Bangladesh is already a member of the BRICS New Development Bank since 2021.
๐นPM๐ง๐ฉ Hasina will attend the BRICS leadersโ summit scheduled to take place in South Africa in August. However, Bangladesh is not presently a Dialogue Partner as other BRICS member applicants such as Egypt, Saudi Arabia and UAE. The country will use this move to diversify foreign relations and reduce the dominance of the US and the US dollar.
๐นWashington๐บ๐ธ previously warned it would slap visa โ๏ธ restrictions on Bangladeshi citizens who undermine the democratic election process at home. The US is the largest importer of Bangladeshi products, importing $8.3 billion worth of goods in 2021 & US companies are among the largest foreign investors in the Muslim-majority country.
Last reported on this channel:
๐ Bangladesh's ๐ง๐ฉ ministry of commerce looks at the possibility of using the Indian rupee instead of the US dollar with India ๐ฎ๐ณ. Both countries reached a deal that will see a small part of their bilateral trade transactions settled in their own currencies
๐ Bangladesh is set to make loan repayments in Chinese ๐จ๐ณ yuan for its nuclear power plant being built by Russia
๐นPM
๐นWashington
Last reported on this channel:
๐ Bangladesh's ๐ง๐ฉ ministry of commerce looks at the possibility of using the Indian rupee instead of the US dollar with India ๐ฎ๐ณ. Both countries reached a deal that will see a small part of their bilateral trade transactions settled in their own currencies
๐ Bangladesh is set to make loan repayments in Chinese ๐จ๐ณ yuan for its nuclear power plant being built by Russia
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Forwarded from The Paradigm Shift Channel โณ (Jonathan Mohan)
๐นIndia ๐ฎ๐ณ is considering imposing an export ban on four key metals; lithium, beryllium, niobium, and tantalum because of their importance in powering sectors critical to national security and technological advancements. Indiaโs Parliament also passed the Mines and Minerals Amendment Bill, which will allow commercial mining โin India, of titanium and zirconium addition to the previous mentioned metals. The Bill now awaits the Presidentโs assent.
๐นIndia discovered a large lithium deposit near Kashmir, this year but is about a decade away from final production. Iran ๐ฎ๐ท discovered its first lithium ore deposit in March, making it the world's 2nd largest reserve. Australia ๐ฆ๐บ has identified at least five mines of of lithium and cobalt for Indian entities to participate in exploration/production. India is discussing the possibility of FTAs with Lithium Triangle countries Peru๐ต๐ช and Chile.
๐นA coalition of US๐บ๐ธ tech giants has also protested the abrupt way in which India introduced tech import restrictions this month. The restriction requires Indian companies to get a license before importing PCs, laptops, or servers in hopes of boosting domestic tech production as more countries try to have less dependence on China's ๐จ๐ณ dominance of critical sectors.
๐นMore than 50 companies from around the world are jostling to negotiate lithium deals under the Chilean ๐จ๐ฑ gov't's new plan to have the state take a majority stake in the lithium ๐industry where the state would take a controlling interest in each partnership. Mexico๐ฒ๐ฝ is also reviewing foreign companies that have active mining concessions, with plans to follow in Chile's footsteps.
๐นIndia discovered a large lithium deposit near Kashmir, this year but is about a decade away from final production. Iran ๐ฎ๐ท discovered its first lithium ore deposit in March, making it the world's 2nd largest reserve. Australia ๐ฆ๐บ has identified at least five mines of of lithium and cobalt for Indian entities to participate in exploration/production. India is discussing the possibility of FTAs with Lithium Triangle countries Peru
๐นA coalition of US
๐นMore than 50 companies from around the world are jostling to negotiate lithium deals under the Chilean ๐จ๐ฑ gov't's new plan to have the state take a majority stake in the lithium ๐industry where the state would take a controlling interest in each partnership. Mexico
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๐นSaudi Arabiaโs ๐ธ๐ฆ US Treasury holdings fell to a more than six-year low in June. Saudi Arabia, the largest Middle East holder of US gov't debt, sold more than $3 billion of its shares in June. This brought down Riyadh's total holdings to $108.1 billion, the lowest since December 2016. The Saudi sovereign wealth fundโs disclosed holdings of US ๐บ๐ธ -traded stocks rose almost 10% in value to about $39 billion in the second quarter.
๐นHistorically Saudi Arabia used to keep most of its reserves in US Treasuries ๐ต, but with the countryโs diversification strategy Vision 2030 backed by the countryโs sovereign wealth fund results in investments being redirected domestically. Oil revenues, are fueling these projects.
๐นSaudi Arabia's cut in oil ๐ข production through OPEC has hindered the US from re-filling its Strategic Petroleum Reserve as oil prices have increased. Closer ties between China and the Middle East have raised concerns in Washington DC๐บ๐ธ and European ๐ช๐บ capitals after Saudi Arabia signed $10 billion worth of investment agreements with Chinese ๐จ๐ณ companies in June.
๐นThe UAE๐ฆ๐ช offloaded $4 billion worth of US treasury bonds in June, making it the second consecutive month the country sold US government debt. Its holding fell to $65.2 billion from $69 billion in May 2023. Kuwait ๐ฐ๐ผ shares of the US debt instrument fell to $40.6 billion in June from $41.4 billion in May. However, much this was off-set by Japan ๐ฏ๐ต increasing US Treasury purchases for June.
๐นChina ๐จ๐ณ, the second-biggest holder of US debt, has reduced its stake to the lowest level in more than 14 years. It now holds about $850 billion of US debt, lower than its all-time high of over $1.2 trillion.
Video source - Sean Foo
๐นHistorically Saudi Arabia used to keep most of its reserves in US Treasuries ๐ต, but with the countryโs diversification strategy Vision 2030 backed by the countryโs sovereign wealth fund results in investments being redirected domestically. Oil revenues, are fueling these projects.
๐นSaudi Arabia's cut in oil ๐ข production through OPEC has hindered the US from re-filling its Strategic Petroleum Reserve as oil prices have increased. Closer ties between China and the Middle East have raised concerns in Washington DC
๐นThe UAE
๐นChina ๐จ๐ณ, the second-biggest holder of US debt, has reduced its stake to the lowest level in more than 14 years. It now holds about $850 billion of US debt, lower than its all-time high of over $1.2 trillion.
Video source - Sean Foo
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