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3232US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
https://www.digit.info/us-saudi-tensions-escalate-as-report-says-crown-prince-is-no-longer-interested-in-pleasing-the-united-states/
Tue, 04 Apr 2023 19:30:46 +0000https://www.digit.info/2023/04/04/us-saudi-tensions-escalate-as-report-says-crown-prince-is-no-longer-interested-in-pleasing-the-united-states/Read more]]>After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed bin Salman has told associates that […]
]]>Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status
https://www.digit.info/former-treasury-official-warns-of-complete-economic-implosion-if-us-dollar-loses-global-reserve-currency-status/
Tue, 28 Mar 2023 23:30:34 +0000https://www.digit.info/2023/03/28/former-treasury-official-warns-of-complete-economic-implosion-if-us-dollar-loses-global-reserve-currency-status/Read more]]>Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would be a complete implosion of the global economic […]
]]>Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization
https://www.digit.info/saudi-arabia-open-to-trading-in-currencies-other-than-us-dollar-signaling-a-shift-toward-de-dollarization/
Thu, 19 Jan 2023 15:30:17 +0000https://www.digit.info/2023/01/19/saudi-arabia-open-to-trading-in-currencies-other-than-us-dollar-signaling-a-shift-toward-de-dollarization/Read more]]>After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinping, urging the Gulf monarchs to accept yuan for oil, and Riyadh officials saying last March the country would consider […]
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed bin Salman has told associates that […]
Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would be a complete implosion of the global economic […]
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinping, urging the Gulf monarchs to accept yuan for oil, and Riyadh officials saying last March the country would consider […]