Saudi Arabia: The Petro Dollar, China, and CBDC’s

Recent viral reports claim the United States and Saudi Arabia have ended their long-standing petrodollar agreement. Are these claims based in fact? And what do recent agreements between the Saudi Kingdom and China mean for the U.S. dollar? On June 9th, 2024, a 50-year old agreement between the United States government and the Saudi kingdom … Continue reading Saudi Arabia: The Petro Dollar, China, and CBDC’s