Kenya signs oil deals with ADNOC and Saudi Aramco to curb foreign exchange pressure

Kenya has signed deals with UAE's ADNOC and Saudi Aramco for the supply of petroleum products with a six months credit period, energy minister said on Monday.

This move designed to curb demand for dollars that has weakened the local currency. Kenya is switching to the longer payment period from settlement on delivery, to remove the need for importers to spend hundreds of millions of dollars every month.

Foreign currency traders have cast doubt on the ability of the plan to stem the pressure on the shilling currency, saying it merely amounts to a postponement of demand.

French police spraying tear gas on homeless people....just because.

Collate this with the news about an impending tsunami of property seizures across the EU.

In Germany, due to rising prices for raw materials and energy, a production that was more than 600 years old went bankrupt.

The ironworks Eisenwerk Erla GmbH was first mentioned in documents in 1380. During its history, the company survived the Reformation (1517), the Thirty Years' War (1618 - 1648), the Northern War (1700 - 1721), the First and Second World Wars, the division and unification of Germany.

“Germany has easily survived the rejection of Russian energy and is no longer dependent on Russian gas, oil and coal supplies,” said Olaf Scholz, March 5, 2023.

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Saudi Arabia will cut oil supply of nations that impose price cap: Energy Minister
Read: https://ift.tt/9l6OP5F

It is going to take me some time to gather my thoughts on the Iran-Saudi deal. In fact, I don't think it is possible to cover all of the ramifications in one video or article...this is going to be ongoing. Suffice it to say, it is of monumental importance.

I fear more for Latin American and African leaders who act independently. For Latin America, the US has a long practice of atrocious brutality to keep their grip on the hemisphere, and in Africa, frankly, they do not see them as worthy human beings — they still have the slave master mentality. In Africa, this will be the last bastion of manufactured Islamic terrorism

Saudi-Iran Deal

Indonesian President Joko Widodo urged regional administrations to abandon foreign payment systems such as Visa and Mastercard and start using credit cards issued by local banks in case the situation with the ban on these cards in Russia due to sanctions repeats. This was reported by the Jakarta Post

Zimbabwe Poised To Ditch Dollar In Trade With Russia — Official

The central banks of Russia and Zimbabwe should establish settlements in local currencies and look at opportunities for securing trade in gold reserves, the speaker of the Zimbabwean ruling party ZANU-PF, Christopher Mutsvangwa, told RIA Novosti on Wednesday.

The official noted that the southern African country has been under Western sanctions for 22 years, adding that curbs imposed on Russia should not handicap trade between the two countries.

Earlier this year, Russian Foreign Minister Sergey Lavrov announced that Russia and countries in Africa were developing a cooperation strategy to replace the US dollar and the euro in settlements, adding that the parties were preparing documents on rearranging the mechanism of cooperation under Western sanctions.

Iran agrees to stop arming Houthis in Yemen as part of the China-brokered deal with Saudi Arabia — WSJ

Part 2

But tiktok is dangerous...


The British government has signed deals with Oracle entrusting its most sensitive health and defense data with the Silicon Valley company.

Yet Oracle started as a CIA project, and its upper ranks are filled with members of the US national security state.

More worryingly, the company is openly a front group working to push Israel’s interests. Oracle CEO Larry Ellison is the largest private funder of the Israeli Defense Forces, offered Benjamin Netanyahu a seat on his company’s board, and Oracle CEO Safra Catz said that “our commitment to Israel is second to none. This is a free world and I love my employees, and if they don’t agree with our mission to support the State of Israel, then maybe we aren’t the right company for them.”

Read my investigation into how the third-largest tech company in the world is working to advance the interests of the apartheid state.

https://www.mintpressnews.com/pro-israel-oracle-larry-ellison-control-uk-sensitive-national-security-data/283555/

Note: I have not watched this yet

This is a fascinating trend. It will definitely impact the Democratic Party in years to come. Interesting demographic shift.

American Muslims RISE UP against Woke LGBT Activists!!!
https://youtube.com/watch?v=00f-MAG5fHg&feature=share

Regarding the cascading bank collapses in the US and elsewhere...Without having looked into it very closely, I can only guess that this is related to the introduction and forced acceptance of CBDCs; but I will try to study the issue more in depth, if anyone is interested. Disclaimer: I hate this sort of topic

US isolation efforts fail as UAE, Iran mend ties
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Parrot Scholz: Germany has become independent of oil and gas supplies from Russia in 8 months.

German Chancellor Scholz said that in eight months Germany managed to achieve independence from oil and gas supplies from Russia (TASS>.
According to the chancellor, during this period, Berlin completely transformed the energy supply of Germany with the help of new pipelines and terminals for receiving liquefied natural gas.
Scholz also said that he would strive to improve the competitiveness of Europe through a series of reforms.
https://news.1rj.ru/str/SlavaRussia1
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I live in Germany, many big companies are having difficulties and some have even closed shop, people are getting fired. German industry is dead, as most industry was tailored for russian gas, those machines just don't work with sky high expensive American liquid gas. This all while China stepped up the whole prices (Bosch, Porsche etc are outsourcing in china). Glass industry is on the rocks, keep everything made of glas, don't throw away unless it's broken.

Paris Thursday night after Macron passed the pension bill, overriding Parliament.

China has continued to slash its holdings of US treasury securities amid the growing threat of economic sanctions from Washington, according to data released by the US Treasury on Wednesday, which showed the holdings slid to $859.4 billion in January from $867.1 billion in December.