Forwarded from Song of Oil and LNG
🇸🇦 Saudi Arabia's Oil Export Revenues Hit Three-Year Low
Saudi Arabia's oil export revenues have plummeted to their lowest point in three years, a result of declining oil prices and the nation's strategic decision to curb production.
Revenue from crude oil and petroleum products dropped to $17.7 billion in June, according to data from the country's primary statistics agency. This marks a 9% decrease compared to the same period last year and a 12% reduction from May.
Oil income remains a cornerstone of Saudi Arabia's economy, playing a crucial role in supporting Crown Prince Mohammed bin Salman's ambitious plans to diversify the economy through massive investments in sectors ranging from electric vehicles to semiconductors and soccer.
As a consequence of the reduced oil revenues, the kingdom has been forced to either delay or scale back several of its most significant projects, including elements of the expansive new desert city, Neom.
#SaudiArabia #oil
@songofoil
Saudi Arabia's oil export revenues have plummeted to their lowest point in three years, a result of declining oil prices and the nation's strategic decision to curb production.
Revenue from crude oil and petroleum products dropped to $17.7 billion in June, according to data from the country's primary statistics agency. This marks a 9% decrease compared to the same period last year and a 12% reduction from May.
Oil income remains a cornerstone of Saudi Arabia's economy, playing a crucial role in supporting Crown Prince Mohammed bin Salman's ambitious plans to diversify the economy through massive investments in sectors ranging from electric vehicles to semiconductors and soccer.
As a consequence of the reduced oil revenues, the kingdom has been forced to either delay or scale back several of its most significant projects, including elements of the expansive new desert city, Neom.
#SaudiArabia #oil
@songofoil
Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
🇨🇱 President Gabriel Boric rejects the TSJ ruling: “it ends up consolidating the fraud”
The Chilean president indicated in a message on his X account:
“Today the Venezuelan Supreme Court has finally consolidated the fraud. The Maduro regime obviously welcomes with enthusiasm its sentence, which will be marked by infamy. There is no doubt that we are facing a dictatorship that falsifies elections, represses those who think differently and is indifferent to the largest exile in the world, comparable only to that of Syria as a result of a war.”
The Chilean president indicated in a message on his X account:
“Today the Venezuelan Supreme Court has finally consolidated the fraud. The Maduro regime obviously welcomes with enthusiasm its sentence, which will be marked by infamy. There is no doubt that we are facing a dictatorship that falsifies elections, represses those who think differently and is indifferent to the largest exile in the world, comparable only to that of Syria as a result of a war.”
Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
"The Governments of Argentina, Costa Rica, Chile, Ecuador, the United States, Guatemala, Panama, Paraguay, Peru, the Dominican Republic, and Uruguay categorically reject the announcement by the Supreme Court of Justice (TSJ) of Venezuela, which yesterday claimed to have concluded a supposed verification of the results of the July 28 electoral process, issued by the National Electoral Council (CNE), and attempts to validate the baseless results issued by the electoral body.
Our countries had already expressed their rejection of the CNE's declaration, following the denial of access to opposition representatives to the official count, the non-publication of the voting records, and the subsequent refusal to conduct an impartial and independent audit of all of them.
The Independent International Fact-Finding Mission on the Bolivarian Republic of Venezuela warned of the lack of independence and impartiality of both institutions, the CNE and the TSJ.
The undersigned countries reiterate that only an impartial and independent audit of the votes, which assesses all the records, will ensure respect for the sovereign popular will and democracy in Venezuela.
Along with the rest of the international democratic community, we will continue to insist on respect for the sovereign expression of the Venezuelan people, who on July 28 spoke out peacefully and decisively.
Likewise, we express our deep concern and rejection of the human rights violations committed against citizens who peacefully demand respect for the people's vote and the restoration of democracy."
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Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Admin comment:
— For now, in Brazil, silence prevails. Brazil has been absent from all statements rejecting political persecution in Venezuela and has avoided criticizing Maduro at every opportunity. Lula's smile already shows his concern about the matter.
— For now, in Brazil, silence prevails. Brazil has been absent from all statements rejecting political persecution in Venezuela and has avoided criticizing Maduro at every opportunity. Lula's smile already shows his concern about the matter.
🔗 CastoOcando.com (@cocando)
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🔗 Roderick Navarro (@RoderickNavarro)
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Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
🇪🇺 EU will not recognize Maduro as president until the vote acts are verified
The High Representative of the European Union for Foreign Affairs and Security Policy, Josep Borrell, announced this Friday that the EU will not recognize Nicolás Maduro as president of Venezuela until the electoral records are handed over and can be verified.
He added that the twenty-seven Member States are "currently" trying to establish a position on the matter and, if it is not established now, he announced that the position will be determined at the Council of Foreign Ministers next week.
The High Representative of the European Union for Foreign Affairs and Security Policy, Josep Borrell, announced this Friday that the EU will not recognize Nicolás Maduro as president of Venezuela until the electoral records are handed over and can be verified.
He added that the twenty-seven Member States are "currently" trying to establish a position on the matter and, if it is not established now, he announced that the position will be determined at the Council of Foreign Ministers next week.
Forwarded from Global Intel Watch (TabZ)
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Forwarded from Global Intel Watch (СС)
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🇺🇦🇮🇳 - Modi greeted by crowds from the Indians diaspora in Ukraine
Forwarded from Africa Intel
🇨🇳 China-Africa summit nears as Beijing seeks to bolster relations with Africa
Chinese Vice Foreign Minister Chen Xiaodong said on Friday that now is "the right time" to deepen cooperation between China and Africa, ahead of an upcoming China-Africa summit in Beijing next month.
Chen told a press conference on Friday that China and Africa should use the meeting to sound a “strong voice” for the Global South in the reform of global governance.
“China and African countries are both important members of the Global South, and Africa is experiencing a new awakening by actively promoting the process of unity, self-improvement, and integration," he added.
Chinese President Xi Jinping will attend the opening of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) on September 5th and Xi will deliver a keynote speech in which he will announce a new package of aid to Africa.
As a key player in Africa, China is Africa’s largest trading partner and a significant source of investment.
#China
@africaintel
Chinese Vice Foreign Minister Chen Xiaodong said on Friday that now is "the right time" to deepen cooperation between China and Africa, ahead of an upcoming China-Africa summit in Beijing next month.
Chen told a press conference on Friday that China and Africa should use the meeting to sound a “strong voice” for the Global South in the reform of global governance.
“China and African countries are both important members of the Global South, and Africa is experiencing a new awakening by actively promoting the process of unity, self-improvement, and integration," he added.
Chinese President Xi Jinping will attend the opening of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) on September 5th and Xi will deliver a keynote speech in which he will announce a new package of aid to Africa.
As a key player in Africa, China is Africa’s largest trading partner and a significant source of investment.
#China
@africaintel
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Bellum Acta - Intel, Urgent News and Archives ✝️ #FreeVenezuela
#BREAKING 🇮🇱 ❌ 🇸🇾 🇸🇾 ❗️ — Explosions in Central Syria!
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Forwarded from Assyria News Network
The Turkish army also bombarded the village of Baybadi in the Amediya district. As a result of the attack, there was a fire in the area.
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Forwarded from Watcher Guru
JUST IN: 🇷🇺 Russia to launch two crypto exchanges and stablecoins linked to the Yuan and BRICS currency, Kommersant reports.
📰 Full Story
@WatcherGuru
📰 Full Story
@WatcherGuru