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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow (1232 Views)
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Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by ken6488(m): 8:56pm On Mar 17, 2022 |
baralatie:Unfortunately Russia and USA are full blown out enemy now Russia will back Saudi Arabia military |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by chopnaira: 8:57pm On Mar 17, 2022 |
Appleyard:The only people talking about it are people that know zilch about how the industry work. Canada has been sending down a record number of oil barrels to the US from 2021 till date despite the pipeline not going ahead. I bet you did not know that. The pipeline is just a means of transportation (safer perhaps as there are no issue of derailment except leaks), nothing more to it. 2 Likes |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by chopnaira: 8:59pm On Mar 17, 2022 |
ken6488:But Saudi will still rush to USA to buy ammunitions to use against Yemen or to keep Iran at bay. 1 Like |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by sapientia(m): 9:01pm On Mar 17, 2022 |
chopnaira: Of course China needs USA more than USA needs them 1 Like |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by sapientia(m): 9:03pm On Mar 17, 2022 |
ken6488: What is wrong with you people Do you realize Saudi is like USA puppet in the middle East? Do you know it would have been them after Kuwait if USA didn't step in 1 Like |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by Seun(m): 9:06pm On Mar 17, 2022 |
angelfallz:MLS and Xi. Doing deals with the West is safer for them because the West has rules and is quite predictable. Saudi Arabia would be unwise to alienate the US & rely on Chinese currency as Xi can unilaterally break their agreement anytime, and nobody would be able to stop him just as no one can stop Putin. Stalin learned this in WWII when Hitler invaded the Soviet Union despite their alliance and agreement. No honour among thieves. 3 Likes 1 Share |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by angelfallz(m): 9:36pm On Mar 17, 2022 |
SA is a monarchy. Xi is not a dictator and he can't unilaterally make decisions. There is the CPC (Chinese Communist party) of which Xi is the general secretary. He is beholden to them. You need to get knowledgeable about China and stop listening to all that the Western media tells you. You can use this space in Quora to learn more about how China's political system works: https://chinasfuture.quora.com/ You talk about Xi unilaterally breaking an agreement, hasn't Biden (US) unilaterally sanctioned countries they don't like? Hasn't the US unilaterally invaded countries they don't like? Hasn't the US unilaterally toppled democratically elected government (Egypt's Muslim brotherhood president Mohammed Morsi) and (Ukrainian govt in 2014) because they didn't like them? You are talking as if the US holds itself accountable to rules and regulations when the evidence is there that it does not. Seun: 5 Likes 1 Share |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by Syphax(m): 9:45pm On Mar 17, 2022 |
Seun: Xi can't unilaterally break any agreement, thus shows that you don't know anything about China. The US also unilaterally breaks agreements, was it not The US that sanctioned Maduro's Venezuela only to come back to them in order to counter Russia? Where's the morality there? 6 Likes 2 Shares |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by Drenimarcus(m): 9:53pm On Mar 17, 2022 |
Now it is obvious why the anti-russia/ russophobia threads keep making the front page. Oga at the top 1 Like |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by sunboy(m): 5:06am On Mar 18, 2022 |
ken6488: Saudi cannot, Saudi is just trying to bargain to get US support with the Houthis. No be same Saudi? They dare not lol They are on the top 5 of countries with high military budget, the Us trained them, but they still want the US to fight their war for them. They are just looking for war to bring US to negotiation table. 1 Like |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by Seun(m): 9:50am On Mar 18, 2022 |
Syphax:Xi is transforming the country from a party dictatorship to a personal dictatorship, just as Putin did in Russia. The CEO of Alibaba complained about his policies and he disappeared for a couple of months and they went after his business. I would like to challenge you to find one Chinese person living in China who publicly criticized Xi in the last 2 years and didn't face strong repercussions. The US also unilaterally breaks agreements, was it not The US that sanctioned Maduro's Venezuela only to come back to them in order to counter Russia? Where's the morality there?It's not about morality. It's about predictability and reliability. The West is a predictable system whose interests are well understood and reasonable. They are accountable to their people, who have the freedom to criticise and remove them. When they make mistakes, they learn from their mistakes and strive to do better. For example, after revelations of their torture of Iraqis, they largely outlawed it. Leaders are removed before power corrupts them completely. There's a reason why every Nigerian wants to Japa to US or UK or Canada or Australia and not China or Russia or Iran or North Korea. The West is simply better. Not perfect, not saintly, but still much better. sunboy:Yep, my point exactly. It's a cry for attention. 4 Likes 1 Share |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by Nobody: 10:04am On Mar 18, 2022 |
Seun: I see a lot of persons above commenting with sentiments. Leave them, they think it easy as said for Saudi to be accepting Yaun as against Dollars. Saudi like you said,are trying to force Biden to keep supporting their War in Yemen. That Saudi Crowned Prince is also angry that Biden said he was the mastermind and responsible for the murder of Saudi journalist in Turkey. |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by ken6488(m): 11:31am On Mar 18, 2022 |
Seun:But if that's what it takes china is still an amazing country |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by FoolishBoy419: 3:17pm On Mar 18, 2022 |
angelfallz: I'm an atheist but I'll still say it. God bless you 1 Like |
Re: If Saudi Arabia Starts Using Yuan For Exchange OPEC Might Follow by Appleyard(m): 4:21pm On Mar 18, 2022 |
chopnaira: Are you actually comparing what pipelines carries with what trains carries? It's funny. |
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