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| Name | സൗദി ഡോളറിനു കൊടുത്ത പണി | Saudi Arabia Ends Petrodollar | De Dollarization Malayalam | alexplain |
| Video Uploader | Video From alexplain |
| Upload Date | This Video Uploaded At 20-06-2024 12:00:36 |
| Video Discription | Check out more details about Aditya Birla Max Life NFO 👉 https://bit.ly/4cqKwxE Saudi Arabis recently decided not to renew its 50-year-old petrodollar agreement with the US. There are two views of what the petrodollar agreement is and what the latest move by Saudi Arabia means. This video explains the history of the petrodollar system and how it started after the end of the Bretton Woods system or the gold standard system was abandoned by the US. The benefits gained by the US with the Petrodollar system and how the US dollar became a world reserve currency are also discussed. The latest decision of Saudi Arabia regarding the petrodollar agreement is discussed in detail. This move to end the petrodollar system is a part of the ongoing de-dollarization move across the world. The process and reasons for de-dollarization are also discussed in this video. The video also discussed the proposed BRICS payments system and project mbridge payment system. Timeline 00:00 - Introduction 02:06 - History of Petrodollar 11:01 - Curernt decision by Saudi 12:42 - Why did Saudi ditch the petrodollar? 14:17 - De-Dollarization 15:04 - Irresponsible Printing of US Dollars 17:18 - Weaponisation of US Dollars 19:28 - Current Trade Situation 20:16 - BRICS 21:44 - Project MBridge #petrodollar #saudinews #dedollarization alexplain is a Malayalam channel where must-know things around the world are explained in the simplest way possible. The videos cover topics like things to know about India, recent current affairs, explanations on politics, economics, history, science, and technology, etc. The videos in this channel will help you gain knowledge of different things around us. FB - https://www.facebook.com/Alexplain-104170651387815 Insta - https://www.instagram.com/alex.mmanuel/ |
| Category | People & Blogs |
| Tags | brics petro dollar end | dollar | economy | end of petrodollar | saudi end petrodollar | petrodollar agreement end | saudi us petrodollar | what is petrodollar | petrodollar malayalam | petrodollar agreement | us gold standard | de dollarization | saudi ditches petrodollar | saudi ditches dollar | brics payment system | mbridge project | mbridge cbdc | saudi arabia petrodollar | petrodollar end | petrodollar crisis | petrodollar history | alexplain | al explain | alex explain | alex plain |
