Saudi Arabia's petro-dollar exit: A global finance paradigm shift
The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.
The lapsed security agreement - signed by the United States and Saudi Arabia on 8 June 1974 - establishes two joint commissions, one on economic co-operation and the other on Saudi Arabia's military needs, and was said to have heralded an era of increasingly close co-operation between the two countries.
The crucial decision to not renew the contract enables Saudi Arabia to sell oil and other goods in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Additionally, the potential use of digital currencies like Bitcoin may also be considered.
[RT]
The financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.
The lapsed security agreement - signed by the United States and Saudi Arabia on 8 June 1974 - establishes two joint commissions, one on economic co-operation and the other on Saudi Arabia's military needs, and was said to have heralded an era of increasingly close co-operation between the two countries.
The crucial decision to not renew the contract enables Saudi Arabia to sell oil and other goods in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Additionally, the potential use of digital currencies like Bitcoin may also be considered.
[RT]
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Israeli state-owned channel, Kan 11, accuses recently released Israeli prisoners of showing signs that could indicate Stockholm syndrome after they spoke about the decent treatment of the resistance.
Former prisoners Andrey Kozlov, Shlomi Ziv and Almog Meir "said that there were captors who wanted their own good and in the same sentence they told about difficult things they had gone through... - signs that could indicate Stockholm Syndrome. Almog Meir said that on his birthday, cynically, his captors made him a cake", the channel reported.
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Former prisoners Andrey Kozlov, Shlomi Ziv and Almog Meir "said that there were captors who wanted their own good and in the same sentence they told about difficult things they had gone through... - signs that could indicate Stockholm Syndrome. Almog Meir said that on his birthday, cynically, his captors made him a cake", the channel reported.
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The decision is ambiguous and depends on agreements managed by mediators. We do not know what they are negotiating and what "Israel" has agreed to.
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🔺"[Prophet] Mohammed is Dead" was the caption an Israeli occupation soldier used for a picture he posted on Instagram.
The image depicted Palestinian civilians being coerced at gunpoint to strip naked as they moved towards Israeli tanks before being abducted to Israeli detention centers for torture.
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The image depicted Palestinian civilians being coerced at gunpoint to strip naked as they moved towards Israeli tanks before being abducted to Israeli detention centers for torture.
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🔺"What separates the US and Israel from Hamas is respect for international law and the laws of war"
US Secretary of State Antony Blinken asserts that Israel and the United States cannot be compared to Hamas, despite the International Criminal Court (ICC) and the International Court of Justice (ICJ) ruling that Israel is committing war crimes and crimes against humanity in Gaza, with these actions being fully armed and backed by the United States.
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US Secretary of State Antony Blinken asserts that Israel and the United States cannot be compared to Hamas, despite the International Criminal Court (ICC) and the International Court of Justice (ICJ) ruling that Israel is committing war crimes and crimes against humanity in Gaza, with these actions being fully armed and backed by the United States.
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🔺Local sources:
The occupation forces are holding the bodies of the 4 martyrs who were executed in the town of Kafr Ni’ma, west of Ramallah.
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The occupation forces are holding the bodies of the 4 martyrs who were executed in the town of Kafr Ni’ma, west of Ramallah.
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"The movement would like to affirm its readiness to cooperate with the brotherly mediators to enter into indirect negotiations regarding the implementation of these principles, which align with the demands of our people and our resistance", it added.
"We also affirm our continued efforts and struggle alongside all the sons and daughters of our people to achieve their national rights, foremost among them the expulsion of the occupation, the establishment of an independent Palestinian state with full sovereignty and Jerusalem as its capital, and the right of return and self-determination."
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The Chief of Staff informed the political level about the army's need for 15 battalions
[JU]
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IDF posts footage of their “rescue operation”
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🔻IOF terrorist FOUND OUT! Photo coming soon!
Hebrew sources:
It is with great sorrow and pain that we announce the death of Yair Levin, son of Naama Dror and brother to Elroy and Eitan.
The Givat Harel family house embraces the Dror family and stands by its side.
Details on the date of the funeral and arrangements for the swearing will be provided later.
At this point the public is asked not to come to the family home.
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Hebrew sources:
It is with great sorrow and pain that we announce the death of Yair Levin, son of Naama Dror and brother to Elroy and Eitan.
The Givat Harel family house embraces the Dror family and stands by its side.
Details on the date of the funeral and arrangements for the swearing will be provided later.
At this point the public is asked not to come to the family home.
[NP]
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Scenes of the operation of the Islamic Resistance targeting a building being used “israeli” enemy soldiers in the “Shtula” settlement in northern occupied Palestine.
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Two children were killed when the Israeli occupation aircraft bombed a house belonging to the Al-Tilbani family, west of Al-Zawaida, in the central Gaza Strip..
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🔻Warfare Analysis NEWS
🔻IOF terrorist FOUND OUT! Photo coming soon! Hebrew sources: It is with great sorrow and pain that we announce the death of Yair Levin, son of Naama Dror and brother to Elroy and Eitan. The Givat Harel family house embraces the Dror family and stands by…
🔻 IOF terrorist Yair Levin FOUND OUT in Rafah today!
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🔻Warfare Analysis NEWS
🔻 IOF terrorist Yair Levin FOUND OUT in Rafah today! [NP]
🔻IOF terrorist Yair Levin was the grandson of former MK Moshe Feiglin and Tzipi Feiglin
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🔺Three killed and five wounded in an attack deep in Lebanon, according to initial reports
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Lebanese sources:
The occupation raids in northern Lebanon targeted a convoy of trucks, vehicles and fuel tanks that were coming from Syria.
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The occupation raids in northern Lebanon targeted a convoy of trucks, vehicles and fuel tanks that were coming from Syria.
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