Meloni Criticism over Saudi Partnership Highlights Left’s Hypocrisy
The opposition should remember their involvement in the ‘Qatargate’ bribes before trying to accuse the PM of selling out to the Gulf state.
The opposition should remember their involvement in the ‘Qatargate’ bribes before trying to accuse the PM of selling out to the Gulf state.
Details emerging about the Saudi man who plowed a car into a German Christmas market, killing 5 and injuring more than 200.
A globalist EU-Saudi energy meeting in Riyadh saw Brussels fall silent on its erstwhile humanitarian concerns.
Brussels warns this kind of state-backed foreign investment may jeopardise European security.
While China was present, Russia, importantly, was not, casting doubt on the future viability of the initiative.
The apparent deterioration in US-Saudi relations comes amid a recent worldwide trend toward de-dollarization with key, ascendent geopolitical actors, including but not limited to China, Russia, India, and Brazil all taking steps to reduce their use of the U.S. dollar.
According to Reuters, the total of recent cuts by the OPEC+ group, which includes Russia, has increased to 3.66 million bpd and accounts for 3.7% of global demand.
China has rearranged the power balance in the Middle East, leaving the U.S. and its main regional ally, Israel, isolated.
The White House has warned that China’s attempts to exert its influence worldwide, as it has just done with what was traditionally a U.S. regional ally, were “not conducive” to the international order.
In a move that left the White House “disappointed,” OPEC+ announced a cut of its oil production by 2 million barrels a day, which amounts to 2% of global oil production. The political and economical fallout may have far-reaching consequences.