Iran and Saudi Arabia reportedly agree to resume diplomatic ties and re-open embassies within two months

[大汉奸柳传志]

a new currency anchoring Saudi, Russian and Iranian oil will soon be announced, most likely issued and backed by NDB or AIIB. this is why these 3 country need to be onboard.

Petrodollar which established in 1974 will soon come to an end.

 

[Corruptistan]

a new currency anchoring Saudi, Russian and Iranian oil will soon be announced, most likely issued and backed by NDB or AIIB. this is why these 3 country need to be onboard.

Petrodollar which established in 1974 will soon come to an end.

Sources?

How are you going to replace the almost global monopoly of the dollar? The petrodollar, contrary to popular belief and propaganda, is a little part of that monopoly.

And why only oil and not gas and other resources/minerals?

The petrochemical sector (derivative of the oil industry) is probably nowadays comparable to the oil industry alone and probably bigger already (plastic industry alone) and is bound to grow exceptionally in the next few decades. Will this include that as well? If none of that, it will likely become fruitless if the aim is to remove the dollar hegemony.

@HGV

What is so funny? Rather than giving laughing emojis on a forum, argue why my statements are not correct. It should be relatively easy if what I write is such absurd/funny. We are here to have discussions after all. No need to be butthurt, that I don't like the track record of the Iranian Mullah's in the region.

 

[Sapei]

If Egypt, KSA, Turkiye, Iran and Pakistan can become a block in global politics it will be the end our the Muslim world's misery. No more being slaves. no more being bombed. no more being pushed around. No more oppression.

May God make it happen.

 

[Corruptistan]

If Egypt, KSA, Turkiye, Iran and Pakistan can become a block in global politics it will be the end our the Muslim world's misery. No more being slaves. no more being bombed. no more being pushed around. No more oppression.

May God make it happen.

And since when are those 5 spokesmen of Muslims? The Muslim bloc should be made up by the entire Muslim world with each country/peoples having an equal say.

In 2050, Nigerain Muslims alone will outnumber Turks, Iranians and Saudis combined.

 

[HGV]

Shamkhani's account of the end of the 7-year deadlock between Iran and Saudi Arabia Secretary of the Supreme National Security Council:

Ayatollah Raisi's visit to China in February and the conversation between Chinese President Xi Jinping and the President of our country provided the platform for the formation of new and very serious negotiations between the delegations of Iran and Saudi Arabia.

The talks between the two countries were frank, transparent, comprehensive and constructive. Clearing misunderstandings and looking towards the future in Tehran-Riyadh relations will definitely lead to the development of regional stability and security and increase cooperation between the countries of the Persian Gulf and the Islamic world to manage the existing challenges.

I appreciate the constructive role of the People's Republic of China in supporting the development of relations between countries, which is necessary for solving challenges and increasing peace and stability and promoting international cooperation.

 

[Meengla]

Ayatollah Raisi's visit to China in February and the conversation between Chinese President Xi Jinping and the President of our country provided the platform for the formation of new and very serious negotiations between the delegations of Iran and Saudi Arabia.

Yes, some major understanding probably happened when Raisi visited China.
Things were already moving fast in the greater Eurasian continent before the Ukraine-Russia war and since then things are moving at a dizzying pace. We sure are living in a very interesting time--and scary too if the Ukraine-Russia war gets out of hands.

PS. I foresee the Biden admin would judged by history as the worst US administration on foreign policy!

 

[Corruptistan]

Yes, some major understanding probably happened when Raisi visited China.
Things were already moving fast in the greater Eurasian continent before the Ukraine-Russia war and since then things are moving at a dizzying pace. We sure are living in a very interesting time--and scary too if the Ukraine-Russia war gets out of hands.

PS. I foresee the Biden admin would judged by history as the worst US administration on foreign policy!

Xi Jinpings first foreign visit after COVID-19 was to KSA not long ago. His reception was a staggering difference to the one Biden received.

Echos of how Obama was once received at the end of his presidency.

KSA-China ties are enormous (economically speaking).

Shamkhani's account of the end of the 7-year deadlock between Iran and Saudi Arabia Secretary of the Supreme National Security Council:

Ayatollah Raisi's visit to China in February and the conversation between Chinese President Xi Jinping and the President of our country provided the platform for the formation of new and very serious negotiations between the delegations of Iran and Saudi Arabia.

The talks between the two countries were frank, transparent, comprehensive and constructive. Clearing misunderstandings and looking towards the future in Tehran-Riyadh relations will definitely lead to the development of regional stability and security and increase cooperation between the countries of the Persian Gulf and the Islamic world to manage the existing challenges.

I appreciate the constructive role of the People's Republic of China in supporting the development of relations between countries, which is necessary for solving challenges and increasing peace and stability and promoting international cooperation.

Is this Shamkhani not an Iranian Arab? I saw him speaking Arabic as if he was fluent. Probably his mother tongue.

I guess the Arab community in Iran and the Persian community in the GCC can play a role at establishing greater ties here in terms of people to people ties.

 

[Reddington]

How are you going to replace the almost global monopoly of the dollar? The petrodollar, contrary to popular belief and propaganda, is a little part of that monopoly.

The biggest and the most significant reason that US Dollar is the world's reserve currency is because of China. OPEC also plays its part.
If China stops accepting dollar in bilateral trade with countries tomorrow; the entire world would have no choice but to pivot away from USD.

 

[Ali_Baba]

https://twitter.com/i/web/status/1634158908452290562

https://twitter.com/i/web/status/1634160899685511169

https://twitter.com/i/web/status/1634161236198801409

Good Process athelping peace making.... the final piece in the puzzle is to muzzle the Pakistan Army and make them respect democracy in Pakistan and we can be off to the races

 

[HGV]

Yes, some major understanding probably happened when Raisi visited China.
Things were already moving fast in the greater Eurasian continent before the Ukraine-Russia war and since then things are moving at a dizzying pace. We sure are living in a very interesting time--and scary too if the Ukraine-Russia war gets out of hands.

PS. I foresee the Biden admin would judged by history as the worst US administration on foreign policy!

China has an interest in promoting stability in the region, as opposed to the US which promotes rivalry and war to milk the Arab nations for large arms deals to confront the 'terrifying' Iran.

The foundations of the Biden admin's policies in West Asia are: (1) continue maximal support for the Zionist ethnic cleansing project in Palestine, (2) continue Trump admin's "maximum pressure" economic warfare against Iranians instead of pursuing diplomacy and (3) step back from his comments about making KSA a 'pariah' without fully embracing them either. His only achievement was the US withdrawal from Afghanistan, although that was not executed well at all.

 

[Corruptistan]

The biggest and the most significant reason that US Dollar is the world's reserve currency is because of China. OPEC also plays its part.
If China stops accepting dollar in bilateral trade with countries tomorrow; the entire world would have no choice but to pivot away from USD.

Exactly which is why I found his post (as a Chinese) very strange. The petrodollar is just a small sidetone in comparison.

Even more absurd when the same US and China are the two biggest trade partners in the entire world.

We are not even talking about a fight of ideology here. Compare it to the almost non-existent ties between the US/West and USSR.

The Chinese (at least many of them) want to replace the US as the main sheriff but they don't have the courage (so far) to actually attempt to change status quo. Normal as they are still behind the US militarily speaking. Nor do I honestly believe that the Chinese will ever have the same global outreach as the US culturally and linguistically or even in terms of military bases and potential allies (that matter).

I am saying this as a pro-China person overall.

 

[Dalit]

This is really bad news for the US.

 

[大汉奸柳传志]

Sources?

How are you going to replace the almost global monopoly of the dollar? The petrodollar, contrary to popular belief and propaganda, is a little part of that monopoly.

replacing petrodollar isn't hard, all you need is getting a few major exporters onboard to ditch it. Ending the dollar dominance however will take a few extra steps but there is already a roadmap, at its end, a common currency for the Global South.

Too many vulnerable and small economies fell victim to US FED's radical monetary policies last year and still suffering in deep crisis or waiting for IMF handout, it's high time for the international community to hit the Ffwd button on ditching US dollar

 

[Corruptistan]

China has an interest in promoting stability in the region, as opposed to the US which promotes rivalry and war to milk the Arab nations for large arms deals to confront the 'terrifying' Iran.

The foundations of the Biden admin's policies in West Asia are: (1) continue maximal support for the Zionist ethnic cleansing project in Palestine, (2) continue Trump admin's "maximum pressure" economic warfare against Iranians instead of pursuing diplomacy and (3) step back from his comments about making KSA a 'pariah' without fully embracing them either. His only achievement was the US withdrawal from Afghanistan, although that was not executed well at all.

The arms imports of the Arabs have nothing to do with Iran. It is an internal excuse.

The GCC on paper has more weapons and firepower than it would need to destroy Iran 100 times over. The Air Force alone (numbering over 1000 modern fighter jets etc.). Yet it most likely will never be used. Similarly with Iran in regards to the Arabs at least.

It is to secure the current regimes rule. Arab Spring and more is not needed to tell.

Similar to how the Iranian regime uses the threat of Israel/USA/Daesh/Arabs as an excuse to be a military/police state and for its involvement abroad far away from the borders of Iran. The official narrative (one of them) is to secure Iran.

Agree with the US role but what makes you think that China could not/would not overtake such a role or a similar one in the future if they grow as strong as the US?

At the end of the day the region needs to come to an agreement without any outside interferences. Arabs and Iranians are neighbors, not with Americans, Chinese or Russians.

replacing petrodollar isn't hard, all you need is getting a few major exporters onboard to ditch it. Ending the dollar dominance however will take a few extra steps but there is already a roadmap, at its end, a common currency for the Global South.

Too many vulnerable and small economies fell victim to US FED's radical monetary policies last year and still suffering in deep crisis or waiting for IMF handout, it's high time for the international community to hit the Ffwd button on ditching US dollar

What will China do to fight the dominance of the dollar?

See the post of @Reddington

 

[Muhammed45]

The whole Emirati, Saudi, Qatari, Iraqi, Egyptian, Lebanese, Yemeni and Iranian media are welcoming this political development. But i see west is moaning.

This is really bad news for the US.

@evrybody, ignore that corruptistan, stop quoting him. He is doing his job as a hired agent and a western oriented NATO/dollar supporting character.