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This compilation of financial insights includes videos from Deepin Moments, Sean Foo, and Lena Petrova.
Deepin Moments shares news of Iran and Russia leading the way in using RMB to buy oil. Sean Foo talks about Russia dropping and economic bombshell on the US. Lena Petrova reports on crude oil cuts with OPEC+ led by Saudi Arabia and Russia extending oil cuts despite the conflict in the Middle East.
Deepin Moments
Nov 5, 2023
Since the beginning of this year, a series of problems have arisen in the banking system of the United States, and these problems are only a prelude to the crisis of interest rate hikes in the United States, and banks such as Credit Suisse have already withdrawn from the United States market. This shows that there are dangers even if the United States continues to raise interest rates. Therefore, the United States is caught in a dilemma, and how to maintain economic stability has become a great challenge.
The adoption of the renminbi for international oil trading by countries such as Iran and Russia is leading a whole new international monetary order. This trend has not only challenged the U.S. dollar, but has also triggered a renewed global focus on the U.S. debt problem. We are witnessing a dramatic change in the international economic system that will have a profound impact on the future of the world economic landscape.
https://www.youtube.com/watch?v=mRlH1QS1uFM
Sean Foo
Nov 5, 2023
In a twist of events, Russian revenues soared in October prompting the US treasury to impose a hundred new economic sanctions. However, there is an even greater chance of this backfiring that could unleash a bigger energy gas crisis. Here’s why Russia’s economy isn’t collapsing and why exactly economic sanctions tend to fail.
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Lena Petrova, CPA – Finance, Economics & Tax
Nov 5, 2023
CRUDE OIL CUTS: OPEC+ Led by Saudi Arabia and Russia Extend Oil Cuts Despite Middle East War
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All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
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