Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching UNDERSTANDING PETRODOLLAR: US DOLLAR, OIL PRICES & SAUDI ARABIA (EITS #5). and this video is uploaded by The Duomo Initiative at 2016-12-03T10:48:14-08:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [c51XEiSJi_M]
| Name | UNDERSTANDING PETRODOLLAR: US DOLLAR, OIL PRICES & SAUDI ARABIA (EITS #5) |
| Video Uploader | Video From The Duomo Initiative |
| Upload Date | This Video Uploaded At 03-12-2016 18:48:14 |
| Video Discription | ๐ฅ FREE access to our exclusive Trader Masterclass: https://duomotrading.com/FreeMasterclassYT ___ In this video we will explore the relationship, including the history of the Petrodollar agreement. ๐ป Check out the products and services I use for my trading: https://duomotrading.com/Resources ๐บ Market Movers is our second channel covering financial news and analysis: https://www.youtube.com/c/MarketMoversFinancialNewsandAnalysis ๐ฌ If youโd like to get in touch, you can reach us on social media or leave a comment on this video - we read all of them and try to respond to as many people as possible. โถ Instagram: https://instagram.com/duomoinitiative โถ Facebook: https://facebook.com/duomoinitiative โถ Twitter: https://twitter.com/duomoinitiative ๐ Website: https://www.duomoinitiative.com ECONOMICS The US relationship with Saudi Arabia still builds major headlines, especially considering the new President Trump's stubborn stance on the topic. In this video we will explore the relationship, including the history of the Petrodollar agreement. Points discussed include: - The origins, beginning with the Yom Kippur War that resulted in US 'shuttle diplomacy' and OPEC retaliation. - How the Nixon Shock economic measures led to issues for OPEC countries. - How the Petrodollar relationship has begun to deteriorate in recent years, leading to a decreased reliance on the US dollar. The related article is here: http://seekingalpha.com/article/4025111-u-s-saudi-arabia-relationship-brief-background โถ๏ธWatch part two here: https://www.youtube.com/watch?v=nLJXSRKH86M [c51XEiSJi_M] |
| Category | Education |
| Tags | petrodollar | us saudi arabia | relationship with saudi arabia | oil trade | oil profits | oil pricing | what is petrodollar | understanding petrodollar | usa and saudi arabia | nixon shocks | president nixon | henry kissinger | yom kippur war | yom kippur day | saudi arabia | saudi arabia oil | oil shocks | oil prices | oil negotiations | oil deal | saudi arabia gdp | saudi deficit | pegging us dollar | us treasuries | duomo | duomo initiative | puricassar | nicholas puri | niki puri | us dollar |
