marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
UAE
02/02/2024
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By Ramon Tomey
DEDOLLARIZATION IN FULL SWING: Oil giant Saudi Arabia formally joins BRICS group alongside UAE, Iran, Egypt and Ethiopia
The oil-rich kingdom of Saudi Arabia has formally joined the BRICS group alongside four other countries. South African International Relations Minister Naledi Pandor confirmed the full membership of Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates (UAE) during a Jan. 31 press briefing in the capital Pretoria. The five nations accepted the invitation […]
12/04/2023
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By Ethan Huff
It’s official: United Arab Emirates STOPS using the U.S. dollar for oil trades
In a bold move away from the United States petrodollar, the United Arab Emirates has officially stopped trading oil in American dollars. According to reports, the U.A.E.’s decision to switch away from using U.S. dollars in the oil trade marks a broader pivot among the BRICS economic alliance to transition to the use of local […]
08/30/2023
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By Belle Carter
End of the U.S. empire and its weaponized dollar? BRICS to account for HALF of global food production when new member states join next year
The BRICS (Brazil, Russia, India, China and South Africa) bloc of top emerging economies, which was formed in 2009, just took a major step in the expansion of its influence by inviting six more progressive nations to become new state members. Come January 2024, Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates […]
08/28/2023
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By Ethan Huff
Saudi Arabia, UAE and Iran among six countries invited to join emerging BRICS global superpower
In its first expansion in over a decade, the BRICS (Brazil, Russia, India, China and South Africa) group is petitioning oil powers Saudi Arabia and the United Arab Emirates (UAE) to join, along with Iran, Egypt, Ethiopia and Argentina. The invitation was extended by South African President Cyril Ramaphosa, who announced it publicly as he […]
08/23/2023
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By Ethan Huff
DOLLAR DEMISE: India and UAE complete first dollar-free oil sale in RUPEES
For the first time ever, India and the United Arab Emirates (UAE) settled an oil trade without first converting their respective local currencies to the United States dollar as has been the custom in the age of dollar dominance. According to reports, Indian Oil Corp., India’s top refinery, purchased one million barrels of oil from […]
06/23/2023
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By Ethan Huff
United Arab Emirates buys 75 tons of physical gold from Russia as U.S. dollar loses grip on world reserve currency status
In preparation for the imminent unpegging of the United States dollar as the world reserve currency, the United Arab Emirates (UAE) just purchased 75 tons of physical gold from Russia, marking the next step towards America’s soon obsolescence as the world’s money changer. Drew Mason, Managing Partner of St. Joseph Partners, told LifeSiteNews in a […]
05/05/2023
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By Ethan Huff
India joins Russia’s SPFS banking payments system – another death blow to the dollar and Western money dominance
We have received word that India, the second most populous country in the world, has signed a deal with Russia to adopt its SPFS system for making banking payments to the country. The Narendra Modi government reportedly agreed to adopt the Russian financial messaging system, known as the Service Bureau of the Financing Messaging System […]
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