In the latest evidence of major shifts in global power dynamics, the Saudi government has approved the kingdom's partial membership in a Chinese-led economic, political and security bloc.
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"Finally, history has shown that all opposition to entrenched oligarchy arises from the middle classes, who have the surplus of funds needed to challenge the ruling classes. Communism survived for as long as it did because their system designed the middle class out of existence at the very start. The New World Order will have to, indeed already is, following the same model. If the general population only has enough to pay for the next day's rent and food, they will do as they are told." -- Michael Rivero
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Saudi King Salman bin Abdulaziz has sent an invitation letter to Iranian President Ebrahim Raisi asking him to pay a visit to Riyadh.
“We will also send a similar invitation to the King of Saudi Arabia,” Amir Abdollahian told Al Jazeera on Monday.
Tehran and Riyadh reached an agreement in early March to resume diplomatic relations after years of hostility. The talks were brokered by China.
Saudi oil giant to build refinery in northeast China
MikeRivero
Tue, 03/28/2023 - 08:14
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Saudi oil giant Aramco announced on 27 March that it has signed an agreement with China for the building of an oil refinery and petrochemical complex in the far-eastern country’s northeast, aimed at supporting the growing Chinese demand for fuel and petrochemical products.
According to the Saudi newspaper Sabq, the total cost of the project will amount to $12.2 billion.
Webmaster addition: Russia is easing the US out of the Mideast!
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Saudi Arabia Unloading U.S. Treasuries; Lowest level in 7 years!
MikeRivero
Thu, 03/23/2023 - 13:52
Loss of confidence in the US Dollar is growing. Saudi Arabia has begun earnestly dumping US Treasuries, with the Oil-rich nation now having fewer US Treasuries than anytime in the past 7 years.
This trend with Saudi Arabia is being mirrored by many other countries which are fearful the US has already over-spent itself (into oblivion) and will NOT be able to actually repay the money it owes.
Other countries have also been unloading US debt notes.
Saudi Arabia to reopen consulate in Damascus
MikeRivero
Thu, 03/23/2023 - 13:27
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Saudi Arabia plans to reopen its consulate in the Syrian capital, Damascus, over a decade after it was closed at the onset of the US-led war on Syria in 2011, Middle East Monitor reported.
The kingdom plans to reopen the consulate in Damascus following the holy month of Ramadan. Additional preparations will be made during the upcoming visit to Syria by Saudi Foreign Minister Faisal bin Farhan, who will meet with Syrian President Bashar al-Assad.
Saudi Arabia To Reopen Consulate In Syria After Leading Failed Regime Change Efforts
MikeRivero
Tue, 03/21/2023 - 08:53
Saudi Arabia plans to reopen its consulate in the Syrian capital, Damascus, over a decade after it was closed at the onset of the US-led war on Syria in 2011, Middle East Monitor reported.
The kingdom plans to reopen the consulate in Damascus following the month of Ramadan. Additional preparations will be made during the upcoming visit to Syria by Saudi Foreign Minister Faisal bin Farhan, who will meet with Syrian President Bashar al-Assad.