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Posted by / 09-May-2020 21:52

Japan dating cafe

One quote that always crosses my mind regarding the decline of the U. dollar and the state of geopolitics associated with it, is by Gerald Celente, founder of the Trends Research Institute who said that “When all else fails, they take you to war.” As the U. dollar continues to lose its status as the world’s premiere reserve currency, the reality of a world war seems inevitable, especially when major countries such as China, Russia and Iran are making strategic moves to bypass the U. dollar in favor of other currencies such as China’s ‘Petro-Yuan’.

China has made the decision to price oil in their own currency the “Yuan” by a new gold-backed futures contract which will change the dynamics of the world’s economy.

The oil market is exhibiting signs of having reached a “new normal,” according to the IEA, with the floor for oil prices jumping from to per barrel.

That was OPEC’s conclusion in the group’s World Oil Outlook released this week. According to OPEC calculations, current shale production in North America is approximately 5.1 million bpd—an increase of 25 percent from a year ago.

Russia’s foreign policy “progressives” are indeed making rapid progress in advancing their 21st-century grand strategic goal of positioning Moscow as the supreme balancing force in the Eurasian supercontinent, and this is in turn accelerating the global transition to a Multipolar World Order.

A power-play by the most powerful man in Saudi Arabia took place over the weekend, with big repercussions for the future of the country that is OPEC’s de factor leader and the world’s second-largest oilproducer.

If this should happen, it will overtake Alibaba’s 2004 IPO to become the biggest IPO in history.

With billions of dollars at stake, Saudi officials have yet to decide which stock exchange they want to host their company.

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By comparison, police in England and Wales killed 62 people in the 27 years between the start of 1990 and the end of 2016.

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