Wednesday, January 18, 2023

Saudis Confirm Non-Dollar Oil Trade Plans In Davos

"Earlier this month, former NY Fed repo guru Zoltan Pozsar wrote one of his most
important reports of 2022, in which he described how Putin could unleash hell on the Western financial system by demanding that instead of dollars, Russian oil exporters are paid in gold, effectively pegging oil to gold and launching Petrogold.
Then, China's President Xi visit with Saudi and GCC leaders marked the birth of the petroyuan and a leap in China’s growing encumbrance of OPEC+’s oil and gas reserves: that's because with the China-GCC Summit, "China can now claim to have built a 'special relationship' not only with the '+' sign in OPEC+ (Russia), but with Iran and all of OPEC+."
And now, according to Bloomberg, Saudi Arabia is open to discussions about trade in currencies other than the US dollar, according to the kingdom’s finance minister.
“There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Mohammed Al-Jadaan told Bloomberg TV on Tuesday in an interview in Davos.
“I don’t think we are waving away or ruling out any discussion that will help improve the trade around the world,” Al-Jadaan said.
And echoing Poszar's comments above, Al-Jadaan appeared to confirm The Kingdom's goal seeking to strengthen its relationship with crucial trade partners, most notably China." ZeroHedge

Kissinger Flips, Says Ukraine Should Join NATO In Davos Speech

"Former Secretary of State Henry Kissinger said in a video address to the World Economic Forum (WEF) that Ukraine joining NATO would be an "appropriate outcome" of the war, reversing his previous position that Kyiv shouldn’t join the Western military alliance.......Former Secretary of State Henry Kissinger said in a video address to the World Economic Forum (WEF) on Tuesday that Ukraine joining NATO would be an "appropriate outcome" of the war, reversing his previous position that Kyiv shouldn’t join the Western military alliance." ZH

Military deserter ‘liquidated’ in central Russia

"Russian law enforcers have neutralized a military deserter in Lipetsk Region in the central
part of the country....Telegram channel Mash claimed that Perov was shot down by Russia’s special forces when he attempted to resist arrest." RT

Pentagon Forced To Tap Unreported Ammo Stockpile In Israel To Support Ukraine

"The Pentagon is tapping into a vast but little-known stockpile of American ammunition
in Israel
to help meet Ukraine’s dire need for artillery shells in the war with Russia..... The stockpile provides arms and ammunition for the Pentagon to use in Middle East conflicts. The United States has also allowed Israel to access the supplies in emergencies."
ZeroHedge

Ukraine's Interior Minister Among 16 Killed In Worst Helicopter Disaster Since War's Start

"Ukraine's Interior Minister is among three top government officials killed in what marks the country's worst ariel disaster since the war's start. In total 16 people died, including three children and four other bystanders on the ground, given it crashed near a kindergarten in the Kyiv region. 
The crash happened in the city of Brovery on Wednesday. In addition to the fatalities at least 30 were wounded and hospitalized, among them 12 children. The government officials killed were Interior Minister Denis Monastyrsky, First Deputy Minister Yevheniy Yenin and State Secretary Yuriy Lubkovychis, according to confirmation by government statements. Monastyrsky's death marks the highest profile Ukrainian casualty since the Russian invasion began. 
International correspondents on the ground said there was very low visibility and gray skies, which could help explain Eurocopter EC225 "Super Puma" went down."At the time of the tragedy, there were children and the staff in the kindergarten. At the moment, everyone was evacuated,"." ZH