Saudi Arabia Phases Out the Petrodollar: A Glimpse into the Future of Currency
The dusk of the petrodollar paints a picture of a financial era coming to an end, with Saudi Arabia allegedly concluding its longstanding petrodollar agreement with the United States. Although some sources challenge its existence, the supposed 50-year arrangement, said to have originated in a historic meeting in 1974, has ended without renewal. The origins […]
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