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HenryMakow.com – July 2, 2022

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Saudi Arabia in Discussions to Join BRICS Coalition – The Outcome Would be Global Energy and Economic Cleaving & possible disaster for the $USD as reserve currency

https://jamesfetzer.org/2022/07/massive-implications-saudi-arabia-in-discussion-to-join-brics-coalition-the-outcome-would-be-global-energy-and-economic-cleaving/

Here is the money quote:

[…] “China’s invitation to the Kingdom of Saudi Arabia to join the ‘BRICS’ confirms that the Kingdom has a major role in building the new world and became an important and essential player in global trade and economics,” Mohammed al-Hamed, president of the Saudi Elite group in Riyadh, told Newsweek. “Saudi Arabia’s Vision 2030 is moving forward at a confident and global pace in all fields and sectors.”

[…] “This accession, if Saudi joins it, will balance the world economic system, especially since the Kingdom of Saudi Arabia is the largest exporter of oil in the world, and it’s in the G20,” Hamed said. “If it happens, this will support any economic movement and development in the world trade and economy, and record remarkable progress in social and economic aspects as Saudi Arabia should have partnerships with every country in the world.”

 

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