https://www.imf.org/en/about/factsheets/sheets/2023/special-drawing-rights-sdr (5mins)
What is the SDR?
What is the SDR?
IMF
What is the SDR?
What is the SDR? The SDR is an international reserve asset. The SDR is not a currency, but its value is based on a basket of five currencies—the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling.
"EuroAsia Interconnector project which aims to link up via subsea cables the power transmission systems of Israel, Cyprus and Greece via the island of Crete, the official added"
From Wiki - "The EuroAsia Interconnector will link Israel with Cypriot and Greek power grids with high-voltage direct current submarine power cable of length around 1,208-kilometre (751 mi).[1][43] It will have a capacity to transmit 2,000 megawatts of electricity in either direction.[33][1] The 310-kilometre (190 mi) cable will link Israel with Cyprus.[1] Cyprus will be connected with the Greek island of Crete with 898-kilometre (558 mi) long cable"
Wikipedia
High-voltage direct current
A high-voltage direct current (HVDC) system uses direct current (DC) and high voltages (currently between 100 kV and 800 kV) for electric power transmission. It contrasts with the more common alternating current (AC) transmission systems.[1]
The Israel-Cyprus-Greece Triangle: a Senior Israeli Delegation Visited Cyprus to Promote the Great Sea Interconnector Project - https://www.gov.il/en/pages/news-100424-1
French Meridiam becomes majority shareholder in Great Sea Interconnector - https://balkangreenenergynews.com/french-meridiam-becomes-majority-shareholder-in-great-sea-interconnector/
Balkan Green Energy News
Meridiam becomes shareholder in Great Sea Interconnector
French group Meridiam signed a deal to become a shareholder in Great Sea Interconnector (GSI), the project that aims to connect Greece, Cyprus and Israel.