BREAKING: Saudis Intercept Missile From Yemen. UPDATE: WALID BIN TALAL ARRESTED (11 PRINCES TOTAL)

Uncle Hotep

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Triipe

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Trump pitches for $2 trillion Saudi Aramco oil float
  • 7 hours ago
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President Donald Trump has made a pitch to Saudi Arabia to float the world's biggest oil company in the US.

The proposed share flotation will see 5% of the state-owned company sold in an Initial Public Offering next year.

It is expected to list domestically and on at least one foreign exchange with New York and London vying for the deal.

The Aramco IPO is expected to be the largest in history, raising around $100bn in revenue for the Saudi kingdom.
Trump pitches for major Saudi oil float



talk about a secure the bag alert
 

Triipe

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No way to know for sure, but something to think about is how this ties into the Petro-Dollar.

Earlier last month China was trying to strong arm Saudi Arabia into transitioning to the Yuan(Something Russia has already agreed to do)
China will 'compel' Saudi Arabia to trade oil in yuan — and that's going to affect the US dollar
  • "I believe that yuan pricing of oil is coming and as soon as the Saudis move to accept it — as the Chinese will compel them to do — then the rest of the oil market will move along with them," Carl Weinberg, chief economist and managing director at High Frequency Economics, told CNBC
  • In recent years, several nations opposed to the dollar being the world's reserve currency have progressively sought to try and abandon it
  • OPEC kingpin Saudi Arabia is at the crux of the petrodollar
Published 1:57 AM ET Wed, 11 Oct 2017
China will 'compel' Saudi Arabia to trade oil in yuan — and that's going to affect the US dollar
China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will follow suit and abandon the U.S. dollar as the world's reserve currency, a leading economist told CNBC on Monday.

Carl Weinberg, chief economist and managing director at High Frequency Economics, said Beijing stands to become the most dominant global player in oil demand since China usurped the U.S. as the "biggest oil importer on the planet."


The long dikk of America is swinging around just in time for Trump to have leverage going into these Asia meetings. If the new Saudi leaderbreh supports the Petro Dollar as opposed to the Yuan, then you know what time it is
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TLR Is Mental Poison

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Its more of a :ehh:. MBS is using a false flag attack as cover to consolidate his power. Look for a possible increase in price for all petrochemical products.
Thats what it felt like. SA has forces in Yemen. I'm like, "who fired the missiles?" They probably practiced this in Yemen.

Is the dude in power the same guy who wants to turn KSA into some hyper-modern liberalized finance and service hub :laff:
 

☑︎#VoteDemocrat

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Thats what it felt like. SA has forces in Yemen. I'm like, "who fired the missiles?" They probably practiced this in Yemen.

Is the dude in power the same guy who wants to turn KSA into some hyper-modern liberalized finance and service hub :laff:
Saudi Arabia is such a try-hard country it seems.

#1 expenditure on buying guns they can't use except when pointed towards their citizens.
 
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