Marjorie Greene has said: We should go back to the gold standard, not digital currency payment systems.

Marjorie Greene has said: We should go back to the gold standard, not digital currency payment systems.

This is following discussions of CBDC in the US.

Notably, as well, on the global scale, Saudi Arabia has joined a China-led security bloc and trade alliance with China, Russia, India, Pakistan and others, per CNBC.

Saudi Arabia’s cabinet on Tuesday approved a memorandum awarding Riyadh the status of dialogue partner in the Shanghai Cooperation Organization.

The SCO is a political, security and trade alliance that lists China, Russia, India, Pakistan and four other central Asian nations as members.

Beijing is Riyadh’s largest trading partner, with bilateral trade worth $87.3 billion in 2021, according to Reuters.

Notably, Saudi Arabia is reportedly importing hundreds of thousands of tonnes of Russian fuel oil as it tries to meet summer cooling demands. To be specific, The country will be increasing its imports from just 320,000 tonnes from April to June 2022 to 647,000 tonnes, per data by Refinitiv Eikon ship tracking.

Read more: https://unusualwhales.com/news/saudi-arabia-has-joined-a-china-led-security-bloc-and-trade-alliance-with-china-russia-india-pakistan-and-others