June 13, 2024 - Saudi Arabia has decided to not renew the petrodollar agreement signed in 1974, under which it sold oil exclusively in US Dollar

QUOTEThe 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 - ...

Saudi Arabia terminates 80-year petrodollar agreement with the US, shifting to multi-currency sales. which expired on Sunday, June 9. For more info, click here.

June 27, 2024 - Talk of pricing oil in anything but greenbacks is greatly exaggerated. Again.

June 13, 2024 - Giving rise to voices from the world of Business, Finance and Entrepreneurship.

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

June 5, 2024 - Saudi Arabia, led by Crown Prince just one click free ustd 💸💸💸💸 Mohammed Bin Salman, has chosen not to renew a security agreement with the US, set to expire on June 9, 2024. This means Saudi Arab

June 20, 2024 - On June 9, there was a rash of reports that Saudi Arabia would not be renewing its 50-year-old petrodollar agreement with the US. Thus ended an extended period

Discover the latest crypto news and trends on Binance Square (formerly Binance Feed). Read opinions posted by top influencers and news media in cryptocurrency.

June 28, 2024 - Take your personal data back with Incogni - use code BAGEL at the link below and get 60% off an annual plan ➡️ http://incogni.com/bagel00:00:00 - Introductio...

May 31, 2024 - China is using Rare Earth Elements to challenge U.S. global economic hegemony.

June 13, 2024 - Saudi Arabia petro dollar : The lapsed security agreement, signed by the United States and Saudi Arabia on June 8, 1974, establishes two joint commissions,

June 14, 2024 - The petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S.

June 14, 2024 - Discover the implications of Saudi Arabia ending its 50-year petrodollar agreement with the US. Explore the potential impacts on global currency realignment, economic stability, and geopolitical relations.

April 25, 2019 - In 1974, a legendary bond trader from Salomon Brothers brokered a covert do-or-die deal that would reshape U.S. – Saudi relations for generations, and not become public knowledge until a report from Bloomberg in 2016. It was July 1974 when newly appointed U.S. Treasury Secretary William Simon ...

June 21, 2024 - The deal did not exclusively bind Saudi Arabia to deal in USD.

June 14, 2024 - world news, US-Saudi petrodollars deal news: The US-Saudi Petrodollar deal established on 8th of June 1974 was an agreement through which Saudi Arabia agreed to trade crude oil in US dollars in exchange for military equipment and assistance from the US.

May 29, 2024 - For the sake of the international order, Biden must abandon his proposed deal with Riyadh.

December 16, 2022 - Dear friends, Greetings from the desk of Tricontinental: Institute for Social Research. On 9 December, China’s President Xi Jinping met with the leaders of the Gulf Cooperation Council (GCC) in Riyadh, Saudi Arabia to discuss deepening ties between the Gulf countries and China.

June 12, 2024 - 485 votes, 285 comments. 4.7M subscribers in the Economics community. Reddit's largest economics community. Serving as a central forum for users to…