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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Nixon negotiated a deal with Saudi Arabia whereby in exchange for arms and protection, the Saudis would denominate all future sales of oil in US dollars. However, the Chinese have a problem in their plans for the yuan. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225
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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

Even on the electrification front, India is lagging and faces emerging competition from the likes of Indonesia in the South East and Saudi Arabia in the Middle East, who are pitching themselves as key hub for future exports. The post India stays No.

India 52
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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

With EV call for slowing at house, and firms dealing with considerable import price lists in america in addition to a Ecu Union probe into Chinese language subsidies, automakers view the patch as a big enlargement alternative that, thus far, is in large part untapped. of the passenger-vehicle marketplace. Chery Car Co.