First BRICS meeting post-expansion focuses on local currency use | World Business Watch

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  • Опубликовано: 26 окт 2024

Комментарии • 541

  • @outside755
    @outside755 4 месяца назад +281

    Many countries learn from russia sanctions

    • @showsnooker9285
      @showsnooker9285 4 месяца назад +3

      yes

    • @mikoyeshiro963
      @mikoyeshiro963 4 месяца назад +4

      True. Not just russia, including iran too.

    • @colinf.1198
      @colinf.1198 13 дней назад

      @@mikoyeshiro963 what do these countries have in common? They are authoritarian. Do the math.

  • @rahmatullahkhan2093
    @rahmatullahkhan2093 4 месяца назад +236

    Brics means end to American hegemony and terrorism

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +2

      Armageddon ☢️

    • @helentyrer3298
      @helentyrer3298 4 месяца назад

      Don’t know about end , they might just ramp it all up now . Unleash NATO AND INVOLVE US ALL IN THE WEST ?🤬

    • @MohNaz-ly6yx
      @MohNaz-ly6yx 4 месяца назад +8

      ​@@TacticalMayoya it will reach u also the armagedon😂

    • @Ceezy_yt
      @Ceezy_yt 4 месяца назад +3

      @@MohNaz-ly6yxthat’s the point Vicki, everyone dies

    • @Msoja8
      @Msoja8 4 месяца назад +1

      Absolutely. But let's make sure that Pakistan doesn't become a member of BRICS. We don't want BRICS to be a battleground between India (as a founding member) and Pakistan.

  • @Dumka78
    @Dumka78 4 месяца назад +410

    End of US blackmailing.

    • @enduringwave87
      @enduringwave87 4 месяца назад +2

      Just like the Great PASTA SANPAI once said : *"That's Why Ammerrikka Want$ Tu BoMB Meee"!*

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +5

      @enduringwave87 so why are all of you on our social media?

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +3

      ​@@enduringwave87so why are all of you on our social media?

    • @Lana-xd7ey
      @Lana-xd7ey 4 месяца назад

      ​@@enduringwave87
      Pasta is right american wanted to bomb him but because there is still international law they used sanction instead to punish anyone who doesn't follow their superior gayy way of life

    • @Bobwalker1968
      @Bobwalker1968 4 месяца назад

      @@TacticalMayo
      Your social media?????
      i think is to make money or it is free...?????
      If you want you can cut it,,,,, if you like,,,
      The BRICS can create their in a blink of eyes,,,,

  • @zeissiez
    @zeissiez 4 месяца назад +147

    Economist Michael Hudson said:”What makes American debt different from African debt? America is never going to pay its debt, because it doesn’t need to. Its debt is in its own currency, the US could simply print money to pay the interests. African debt is not in its own currency, so Africans have to earn dollars to pay their debt. The principle underlying the World Bank and the IMF: Third World countries should not produce their own food, they should only grow export food like cocoa or banana that the US need, in order to earn the dollars needed to pay their debts. With most of the farmlands taken up for export food, an over supply of cocoa or other tropical raw materials is created to keep down the price, and these countries would have to import grains from Monsanto. If they don’t listen to the US, then the US would starve them.”

    • @helentyrer3298
      @helentyrer3298 4 месяца назад

      Why should third world countries stay at the bottom of the chain just because America says so . These African countries have woken up and found other countries they actually trust for trade,finance etc . America fund their wars in other countries ,Their wars . Ie Ukraine !! While their people are homeless ,no health care and drugs on the streets like never seen before ,bodies everywhere in places and people just walk over them . The people deserve better government! They give the American people nothing but multi trillions of debt , and the only thing they do is bring down other countries and assassinate Leaders of those countries . They have been in Ukraine since the 2013-4 . Warmongers ! Corruption and greed Congress and White house . Those who aren’t tainted by it have got a right job on their hands ! Talk about the Untouchables??

    • @bob-g3e3x
      @bob-g3e3x 4 месяца назад

      The debt doesn't exist, it is not real, it could be wiped clean and it wouldn't make a difference to anything....It's all digital bs, it is not based in reality!

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      Michael Hudson is a treasonous Marxist.

    • @Bobwalker1968
      @Bobwalker1968 4 месяца назад +8

      👍👍👍👍 ,,,, true,,,

    • @bellhula1535
      @bellhula1535 4 месяца назад

      Shameless u.s and the west bloc some are heavily in the wrong mindset colonial mindset, Africa 🌍 will not allow such nonsense to continue.

  • @MsNattt
    @MsNattt 4 месяца назад +218

    America must be fuming

    • @Maharlikano_XYZ
      @Maharlikano_XYZ 4 месяца назад +15

      Fuming with anger, yes.

    • @Jakelink-7364
      @Jakelink-7364 4 месяца назад

      Not really. Texas itself has more oil than all OPEC nations combined besides Saudi Arabia.

    • @helentyrer3298
      @helentyrer3298 4 месяца назад +13

      It’s their own doing

    • @yomama3926
      @yomama3926 4 месяца назад

      Theyre too stuupid to realize what they did

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +4

      ​@@Maharlikano_XYZI hope you like fallout 4 ☢️

  • @oriaphyn
    @oriaphyn 4 месяца назад +73

    The Saudi prince needs to up his security now that the CIA have a reason to depose him.

    • @souria1671
      @souria1671 4 месяца назад +1

      Il doit faire attention ⚠️ ou bien il est entrain de négocier avec l’Amérique pour l’achat des armes américains

    • @oldchineseman7290
      @oldchineseman7290 4 месяца назад +2

      He is CIA, use your brain

    • @tonylekaana2894
      @tonylekaana2894 4 месяца назад

      CIA was powerful 20 years ago not anymore. This is a different world

    • @clarencekeller7684
      @clarencekeller7684 4 месяца назад +1

      @@oldchineseman7290 ROFL

    • @PE773
      @PE773 4 месяца назад

      😁😄

  • @josephkibeera2416
    @josephkibeera2416 4 месяца назад +49

    The real question is why the western media is quite on this very important news

    • @t16205
      @t16205 4 месяца назад

      There is no free media in the west, they are all tools under the same hand

    • @Venezolano410
      @Venezolano410 4 месяца назад +8

      Who cares? As long as the rest of the world moves forward.

    • @astrodas1910
      @astrodas1910 4 месяца назад +1

      West got more important things to deal with. The immigrancy wave.

    • @Venezolano410
      @Venezolano410 4 месяца назад +3

      @@astrodas1910
      I believe the Saudis will accept euros. If so, the only loser is the USA since their currency monopoly has ended. Hopefully other OPEC and non OPEC oil producers will adopt the same policy.

  • @Mrhudson23
    @Mrhudson23 4 месяца назад +39

    This will mark the end of NATO ... There is NO more bullying! The world can live in peace

    • @astrodas1910
      @astrodas1910 4 месяца назад

      There won't be peace. Chaos and Order will continue in a cycle. Guess what's next?

    • @phoenix5054
      @phoenix5054 4 месяца назад

      Russia and China are bullies too, more than the US in fact.

    • @colinf.1198
      @colinf.1198 13 дней назад

      haha do you still believe that? OPEC still trades in USD

  • @nickpope8056
    @nickpope8056 4 месяца назад +79

    BRICS, the future is yours!!!! Love and full support from Australia ❤❤❤

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +1

      How is bricks going to do anything if everything is destroyed.

    • @truthful3777
      @truthful3777 4 месяца назад +3

      Huh... You woke uo the wrong side of the Bed??? I thought Australia on the side of US... Better hush it

    • @chemophile14
      @chemophile14 4 месяца назад +3

      Full support ❤

    • @Ceezy_yt
      @Ceezy_yt 4 месяца назад

      BRICS is the worst thing to happen to Australia, idk why an a citizen is happy for your very own downfall🤣

    • @anthony559
      @anthony559 4 месяца назад

      All of the auzies do not support bricks. You coconut lmao.

  • @FredMeyer-no3ji
    @FredMeyer-no3ji 4 месяца назад +120

    Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do

    • @FredMeyer-no3ji
      @FredMeyer-no3ji 4 месяца назад

      @EricJose-hn6cfYou're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?

  • @chan90s
    @chan90s 4 месяца назад +44

    Why is US not pushing democracy card yet ?

    • @vybesrum3195
      @vybesrum3195 4 месяца назад +2

      Wait

    • @ikhmalmal7930
      @ikhmalmal7930 4 месяца назад

      They only dare to go war with goat herder at middle east

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      Because this is China's fault so guess who's going to pay.

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +1

      ​​@@vybesrum3195oh you know we're going to
      😁🇺🇲

    • @MohNaz-ly6yx
      @MohNaz-ly6yx 4 месяца назад +3

      ​@@TacticalMayowhere it failing everyxhere😂

  • @moizshahab9017
    @moizshahab9017 4 месяца назад +51

    This is good

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      No it isn't.

    • @TheShadiboy1
      @TheShadiboy1 4 месяца назад

      It's not good for America and Israhell ​@@TacticalMayo

    • @verahorcicova3242
      @verahorcicova3242 4 месяца назад +2

      ​@@TacticalMayoYes. This is good

    • @kievanfakrizadeh6424
      @kievanfakrizadeh6424 4 месяца назад

      not good for you only hahahah​@@TacticalMayo

  • @skyemilk
    @skyemilk 4 месяца назад +21

    The US been real quiet since this dropped...

    • @Sheriff1977
      @Sheriff1977 4 месяца назад +1

      Because they cant do anything about it

    • @lostcat9lives322
      @lostcat9lives322 4 месяца назад

      It's on MSNBC but they put quite the spin on it.

    • @oussamaalaoui9121
      @oussamaalaoui9121 4 месяца назад

      Because it the right of every nation to use there own currency

    • @abc123lov7
      @abc123lov7 3 месяца назад

      blame the Government!!! They don't speak for the people, now look what is happening. The US is like a guy that screwed over a lot of people to get to the top.

  • @ionmarcu4513
    @ionmarcu4513 4 месяца назад +110

    make USD a toilet paper

  • @theman8447
    @theman8447 4 месяца назад +25

    Time for freedom

  • @theone6002
    @theone6002 4 месяца назад +7

    No money, no honey. AMERICA IS DONE.

  • @alickak8346
    @alickak8346 4 месяца назад +17

    A good deal..

  • @The_Riddler21
    @The_Riddler21 4 месяца назад +29

    Glory to all BRICS Nations 🇮🇷❤️

  • @ac8228
    @ac8228 4 месяца назад +5

    It's just a matter of time until the US will start to worry about democracy, freedom and human rights in Saudi Arabia

  • @malama_ka_aina
    @malama_ka_aina 4 месяца назад +8

    BRICS has the right to defend itself 🤣

  • @mikelundberg6550
    @mikelundberg6550 4 месяца назад +9

    This is one of history’s defining moments! The Free Ride is over United States! ✅

  • @ghtwghtw7197
    @ghtwghtw7197 4 месяца назад +16

    Good news

  • @justinaldrich1719
    @justinaldrich1719 4 месяца назад +7

    There was no 50 year contract.

  • @DismasMaturine
    @DismasMaturine 4 месяца назад +13

    Well done saudi

    • @SusieGee1
      @SusieGee1 4 месяца назад

      The Shah of Persia (Iran) was the first leader who wanted to use Persian currency in global market (1976) by 1979 he was deposed. Followed by Saddam, Gaddafi and Assad

  • @HeMs433
    @HeMs433 4 месяца назад +22

    Saudi finally ..👏🏼👏🏼👏🏼

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +1

      Saudi Arabia is going to be the new Afghanistan 🇺🇲😁

    • @amrabecirovic4042
      @amrabecirovic4042 4 месяца назад +2

      I do not believe

    • @cabdiraxmaanbiiwaaye8855
      @cabdiraxmaanbiiwaaye8855 4 месяца назад

      ​@@TacticalMayo but american. Troops in afghanistan become. Part of death and injury😂

  • @angelinashen7813
    @angelinashen7813 4 месяца назад +7

    US dollar will fall like a house of cards.

    • @deadmanslastwish
      @deadmanslastwish 4 месяца назад

      can't wait~ how long do you think it'll take?

    • @mrastazwanan8803
      @mrastazwanan8803 3 месяца назад

      @@deadmanslastwish give it another 7-10 years

  • @carldegamo3877
    @carldegamo3877 4 месяца назад +5

    YES TO BRICS

  • @VolkanSahin-yg7jp
    @VolkanSahin-yg7jp 4 месяца назад +5

    Nightmare for us and Brother's eu countries.

  • @EvanaoscarevanaOscar-un6el
    @EvanaoscarevanaOscar-un6el 4 месяца назад +3

    Russia, China', India, South Africa, Brazil ❤❤❤❤🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @bzakaria8626
    @bzakaria8626 4 месяца назад +7

    Now Saudi Arabia can have all the yuans and rupees in the world.

  • @VNn2023
    @VNn2023 4 месяца назад +3

    Go BRICS go! 👏💯

  • @ambertracks
    @ambertracks 2 месяца назад +1

    So how can we invest ?

  • @delongbear
    @delongbear 4 месяца назад +10

    Since the real value of the dollar is three cents it makes sense.

    • @lorycotiga4231
      @lorycotiga4231 4 месяца назад

      Si...il prezzo della carta igienica..😅😅😅

  • @jonayedsarker5145
    @jonayedsarker5145 4 месяца назад +5

    Good move 🇸🇦🇧🇩❤❤❤

  • @jesselaa9397
    @jesselaa9397 4 месяца назад +1

    Could someone point me in the direction of where this "50 year agreement" can be found, please?
    I've tried looking for it but, i just can't find ANY signed agreement from 50 years ago .. thanks in advance!!! 🤙🏾🤙🏾🤙🏾

  • @Sajid-Rahman
    @Sajid-Rahman 4 месяца назад +10

    End Of USA Blackmailing... 😂

    • @Maharlikano_XYZ
      @Maharlikano_XYZ 4 месяца назад

      Also an end of their backstabbing...

  • @jimwong2269
    @jimwong2269 4 месяца назад +3

    Welcome to big BRICS family! Together we can develop our countries to a higher level!

    • @colinf.1198
      @colinf.1198 13 дней назад

      doesnt seem to be working that way 🤣

  • @alternativeperception6949
    @alternativeperception6949 4 месяца назад +4

    This will give the UK an excuse to charge 45% more for everything even stuff produced here .

  • @dahlan222awang
    @dahlan222awang 4 месяца назад +10

    World shoulf focus on their own currency or mix currency..let loose US..

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +2

      Nope we're going to start deploying all our stuff all over the world now
      😁🇺🇲☢️

  • @sipsfromthemount6451
    @sipsfromthemount6451 4 месяца назад +4

    Interesting update, thank you!

  • @georgeloh8257
    @georgeloh8257 4 месяца назад +6

    It is a wise decision to have more options of financial systems to trade internationally and fairly.

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +2

      Knowing how my country is you think it was a wise decision? LOL 🤣 oh boy if you only knew what's coming.

    • @AnhNguyen-hn9vj
      @AnhNguyen-hn9vj 4 месяца назад

      They worry America make excuse to confisticate their money.

  • @KarmeshMadhavi
    @KarmeshMadhavi 4 месяца назад +9

    WION have serious issue with volume.

    • @scottwale1226
      @scottwale1226 4 месяца назад

      Yes they must up their volume 😢

  • @thermisgoddessofjustice8032
    @thermisgoddessofjustice8032 3 месяца назад +1

    Yess👌

  • @keongwia3293
    @keongwia3293 4 месяца назад +6

    Way to go. Awesome

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      I hope you like fallout 4 ☢️

  • @Trueye-sl2mr
    @Trueye-sl2mr 4 месяца назад +6

    U$ is a fiat, erratic currency that is not favoured by the world. It is prudent to use other currencies to insulate from the imminent chaos

  • @animalnt
    @animalnt 4 месяца назад +13

    so this is how we find out we're going to war to defend money sharted out of a printer

    • @DonaldDucksRevenge
      @DonaldDucksRevenge 4 месяца назад

      lol

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      Oh it's going to be more than that it's going to be Armageddon. We kept warning you we kept telling you you took a lightly time to reap what you sow.

  • @asianthor
    @asianthor 4 месяца назад +3

    I just hope a true partnership cooperation between India and China will set a new and last full relationship that will bring prosperity and friendship between our Indian brothers and sisters with China.

    • @xu1244
      @xu1244 4 месяца назад

      我支持你的想法❤

  • @مقارنات_الجيوش
    @مقارنات_الجيوش 4 месяца назад +3

    good job saudi arabia

  • @Lana-xd7ey
    @Lana-xd7ey 4 месяца назад +5

    The rest of the world should do the de dollarization and maybe it's not perfect but atleast your money is safe without any chnce that money missing

  • @CThomas-wg4gc
    @CThomas-wg4gc 2 месяца назад

    As an American, so glad to see people standing on self belief and even not dressing in suit and tie western oppression costume. ✊🏾

  • @gordonfernandes6873
    @gordonfernandes6873 4 месяца назад +2

    Time of Change has Come & The US hard - Headedness is to Blame 😮✊😮💥💥☠️

  • @hengongchua6250
    @hengongchua6250 4 месяца назад +3

    Let's see if the US will treat Saudi like Libya or Iraq?

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      Oh we absolutely will and then we're headed towards China.

    • @Damiles56
      @Damiles56 4 месяца назад

      It's not easy right now that time china not strong as much now right now USA already stuck in two wars so it's not easy to tackle china Russia 1990 to 2015 around USA hegemony but right now it's not yeah usa a superpower no doubt but USA not hold that much power it's slowly slowly loose the momentum

  • @lelouchlamperouge8560
    @lelouchlamperouge8560 4 месяца назад +4

    'Dollar, dollar how you wonder from one hand into another.'

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      I hope you like fallout 4 ☢️

  • @andyhughes1776
    @andyhughes1776 4 месяца назад +1

    The economies of these countries are finally strong enough to support going their own way.
    Competition is always good for the consumer.
    Claiming to be a free market, America ought to know that!

  • @Observer82
    @Observer82 4 месяца назад +3

    Let this country live together..cut ties with this countries..life must go on,as we can see some of this members are evil.

    • @eufrosniad994
      @eufrosniad994 4 месяца назад +4

      If you cut ties, how are you going to manufacture at the same scale for the same cost? You thought the US inflation rate was high? Well, cut ties and the resultant rise in inflation due to increase in these costs will make the current rates look conservative.

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +1

      just prepare for Armageddon.
      😡🇺🇲

    • @TacticalMayo
      @TacticalMayo 4 месяца назад +1

      ​@@eufrosniad994do you know how we are we're not going to see it that way so you got to be ready for what comes now.

  • @user-ic7mv6bj4w
    @user-ic7mv6bj4w 4 месяца назад +1

    Brics will lead the world to prosperity and peace.

  • @LightofBankai
    @LightofBankai 4 месяца назад +2

    The USD is based on an ideology and not so much economics. I went to South East Asia and tried to exchange Euro to the local currency and vise versa the USD. The Euro is worth more than the USD but people wanted the USD more than the Euro. The US is the most fortified country and the most stable form of government in the world. We don’t pick fights with our neighbors and we have access to two of the biggest trade route in the world, the Pacific and the Atlantic Ocean.

  • @MohammedDini-rs6hs
    @MohammedDini-rs6hs 4 месяца назад

    Great job kin Mohammed

  • @myrnawilson6439
    @myrnawilson6439 4 месяца назад +3

    In God We Trust. ❤

  • @BRICSbullion_tg
    @BRICSbullion_tg 4 месяца назад

    Правильным путём идём, Товарищи!!! 🤝

  • @LastStitch
    @LastStitch 4 месяца назад +3

    Gold backed currency?

  • @mssv19123
    @mssv19123 4 месяца назад +1

    Why Angola cannot print their own money? Why Yellen can print whatever they want.....Angola also can print.....nobody has the monopoly of printing money

  • @iamshadowbanned699
    @iamshadowbanned699 4 месяца назад +3

    Excellent job MBS. Love from the Philippines.

  • @josephmontecarlolibao299
    @josephmontecarlolibao299 4 месяца назад +9

    amazing!!!

  • @zollen123
    @zollen123 4 месяца назад

    Using local currency for international trading does not solve the problem of facing many exchange rates risks (as opposed to a single US rate risk) and managing multiple currencies. BRICS need a common currency for all its members.

  • @princemikel9064
    @princemikel9064 4 месяца назад +2

    Good dicision for saudi arabia

  • @sammakorn254
    @sammakorn254 8 дней назад

    Still trading mostly 90% in US$

  • @hardeepchaudhary893
    @hardeepchaudhary893 4 месяца назад +2

    It will be great if nations trade in their local currencies. That will give them more variety on the currency.

    • @TacticalMayo
      @TacticalMayo 4 месяца назад

      Well it's about time to give Saudi Arabia a little bit of freedom 😡🇺🇲

    • @rajx7120
      @rajx7120 4 месяца назад

      At what rate ? To avoid answer to this question, is why people trade in dollars.

  • @Marcus-rg7bg
    @Marcus-rg7bg 4 месяца назад +1

    Checkmate.

  • @jojopapa7521
    @jojopapa7521 4 месяца назад +1

    Now USA will start blackmailing Saudi! It will FABRICATE stories about September 11 and gashogi!!!

  • @Samsara_is_dukkha
    @Samsara_is_dukkha 4 месяца назад +1

    It's official folks: The USD is now running on fumes.

  • @xiaoliwei3155
    @xiaoliwei3155 4 месяца назад +2

    good job,Arabia

  • @JohnLednor
    @JohnLednor 3 месяца назад

    It's a shame that we can't all live in peace and harmony with one another. At the end of the day, it doesn't matter if you are Eastern or Western. What matters is that we are all humans living together. Hopefully, one day we can all have this philosophy, to make the world a better place for future generations and the preservation of nature. 🙏🏼🥰🙏🏼

  • @tamanomariano547
    @tamanomariano547 4 месяца назад +3

    Saudi good moves, us weaken their dollars power

  • @johnykithan-dc6lq
    @johnykithan-dc6lq 4 месяца назад +1

    Long live the Brics Nation. Down to the G7 .

  • @pitstopman
    @pitstopman 3 месяца назад +1

    Finaly❤

  • @ryanthebarber
    @ryanthebarber 4 месяца назад

    How do you expect to do this when you don't have control at home in your own countries?Your own houses are not in order

  • @aksufairtmda7075
    @aksufairtmda7075 4 месяца назад

    Thanks mbs

  • @andykris7011
    @andykris7011 4 месяца назад

    Knowledge is more powerful than money . Wake up.

  • @canterburytells9770
    @canterburytells9770 4 месяца назад

    The 50 yr agreement never existed. They've been selling on multiple currencies for decades.

  • @daneurope9167
    @daneurope9167 4 месяца назад +1

    lets hope the countries will accept terms to pay oil in their currencies…without the US and west no one will consume the brics products..now where is use of oil?.

  • @baboymaibam12
    @baboymaibam12 4 месяца назад +1

    Good move❤

  • @samihassan2359
    @samihassan2359 4 месяца назад +5

    BRICS must be wary of Saudia. They are unpredictable and disloyal. BRIC countries should demand maximum sureties from Saudia.

  • @nefarious7721
    @nefarious7721 4 месяца назад +1

    0:45 am i seeing ghost?

  • @UdiDol
    @UdiDol 4 месяца назад

    Multi currency system against US Dollar use as petrocurrency ! The first,but major change in half a decade. Saudi Arabia, being the leader of hydrocarbon fuel sales, agreeing to this move will have serious repercussions on fossil fuel transactions, not limited to sale of fuels (Refined or otherwise), transportation,routes of transportation,geographies of high Refining Capacity, storage locations and almost everything will change. US Crude reserves will be out in the market,competing with other producers and Crude Oil production cuts will no more be an influential method of controlling fuel prices, but oligopolies under new alignments will help mostly to stabilize the global fuel prices, as it looks the aspirational move is all about. A clear indication of development unhindered in the East and having a competitive advantage of predictability in fuel prices will be a strategical boost in planning and implementation of new developments,especially in Energy research. What a different it will make after fifty years of oil oligopoly transferred in to the Middle East, duly supported by US and the West for its developments and innovation. Now it appears that Middle East production leader is confident of leading his economy independently, without pegging it to US Dollar and other related Western currencies including Euro and GBP. A new era is starting. New energy research will be the only option of changing this new equilibrium to a mixed energy make up. Will nuclear energy rise? This is another concern. Will the market for produce be opened? Will the Middle East become a production factory for high tech and low cost operations? A new era is ahead of the global citizen. Saudi King is young and bold. He wants to change the Kingdom in to more acceptable Nation, with limited extreme behaviors. Quite a good aspiration to move ahead, by developing the country and giving the freedom for its citizens to think! This new currency shift may have shifting of banking channels, resulting in the change of banking empires from one place to another. May be to the cloud banking concept where no buildings or bankers matter, but the change of banking philosophy. ‘Batar ’ like systems will come in to place, with limited restrictions on currency involved in hydrocarbon transactions. Many , the economists would know the best, than layman speculating beyond their comprehension. ❤

  • @ApinderSingh-b2c
    @ApinderSingh-b2c 3 месяца назад

    Kingdom of Saudi Arabia

  • @owarida6241
    @owarida6241 4 месяца назад +1

    Just like that CIA suddenly just got a report that Saudi got a WMD and need to be liberated with the power of democracy and freedom. 😂

    • @wuyou_
      @wuyou_ 4 месяца назад

      海湾战争时,苏联解体不久,中国尚未发展,所以美国可以用一袋洗衣粉击败伊拉克;但现在中国俄罗斯会说:“那只是一袋洗衣粉”

  • @demenagementspeedy
    @demenagementspeedy 4 месяца назад

    Thanks go 👍🏽🤠👍🏽🤠

  • @sergiyrospysdiyenko6224
    @sergiyrospysdiyenko6224 4 месяца назад +1

    Where can i exchange russian rubles to indian rupees?

  • @hokavistark7671
    @hokavistark7671 4 месяца назад +4

    Sanction is coming for everybody. Get out before it's too late

  • @AtheisRational8813
    @AtheisRational8813 4 месяца назад

    Every Country Has its Own Rights ❤

  • @Eduardo_Espinoza
    @Eduardo_Espinoza 3 месяца назад

    I've never seen xi did happy in all of my life, wow.
    2:05

    • @Nw-n6w
      @Nw-n6w 3 месяца назад

      So poor thing President Xi ❤

  • @CineKlicks01
    @CineKlicks01 4 месяца назад

    Meaning that now the condition of Saudi Arabia will also become like that of Libya and Iraq because America will fight a war to establish democracy in Saudi Arabia as well.

  • @jiavlogs-c1w
    @jiavlogs-c1w 4 месяца назад

    Alhamdulillah 🤲🕋

  • @JoeyS6461
    @JoeyS6461 4 месяца назад +2

    Actually there is a way out. Hydrogen powered cars , no more depending on oil. Make our own stuff here in the west.

    • @mauri9397
      @mauri9397 4 месяца назад +1

      West doesn't have anything they rely on other nation except USA😂😂😂 USA is using European countries for its own profit but in reality is that USA Is rich in underground but not European because European rely on Africa mineral

    • @t16205
      @t16205 4 месяца назад +1

      We have oil, and lots of it. We dont need hydrogen cars

    • @oussamaalaoui9121
      @oussamaalaoui9121 4 месяца назад

      The middle east and africa have the best climate for green hydrogen while europe has the worst one
      So the world will be dependant on middle east and africa on green energy

    • @xu1244
      @xu1244 4 месяца назад +1

      中国满大街的新能源汽车,美国竞争不过中国,就拉上西方国家增加新能源汽车的关税,在中国,只要是被美国制裁的企业产品,我觉得是一种骄傲。只有害怕的人才会去打压竞争对手😊天宫空间站我们有了,月球背面我们去了,华为5G手机我们有了,当然5纳米芯片我们还有差距,很快我们也会有的。

  • @24jamtumbuh
    @24jamtumbuh 4 месяца назад

    Good move

  • @ibrahimkhalil2961
    @ibrahimkhalil2961 4 месяца назад +1

    Dollar was a weapon, must be made weaker

  • @reginaldmelton623
    @reginaldmelton623 4 месяца назад +1

    Who’s n da middle then show them how 2 shake hands 🙌

  • @whyjon2990
    @whyjon2990 4 месяца назад

    Should be the biggest story in america yet I an active news watcher had to hear about this from India.

  • @paulg9229
    @paulg9229 4 месяца назад

    Have been hearing this for more than 15 years and still nothing happened