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  • 04 Apr, 2025
The Decline of the Petrodollar System

The Decline of the Petrodollar System

Recent rumors about the expiration of a 50-year-old "petrodollar" agreement between the US and Saudi Arabia, though false, highlight the system's gradual decline.

Russia is armed with nuclear weapons

Russia is armed with nuclear weapons

Putin said the Kremlin sees its arsenal as an important form of strategic deterrence to maintain the global balance of power.