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Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). [3] It generally refers to the phenomenon of major petroleum-exporting states , mainly the OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in ...
Petrocurrency (or petrodollar) is a word used with three distinct meanings, often confused: Dollars paid to oil-producing nations ( petrodollar recycling )—a term invented in the 1970s meaning trading surpluses of oil-producing nations.
Petroyuan[1][2] is a form of the official Chinese currency, the yuan intended at least initially for oil trading. [3] On 26 March 2018, the Chinese government issued the first long term oil trading contracts denominated in petroyuans. [4] This project exists to attempt to compete with the U.S. petrodollar as a main currency in crude oil ...
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In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against the countries who had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel ...
In some cases, a film's copyright has lapsed because of non-renewal while the underlying literary or dramatic source is still protected by copyright; for example, the film His Girl Friday (1940) became a public domain film in 1969 because it was not renewed, but it is based on the 1928 play The Front Page; as a practical matter, the film could ...
Terraxos () 22:40, 3 July 2008 (UTC) [ reply. Keep distinct or mrege to petrodollar. "Petrodollars" meaning OPEC supluses piling up in banks in the late 1970s and early 1980s was the original use, though it was not all in US dollars. The main context was the need for petrodollar recycling aimed at getting this money back into the international ...
AMC Networks and Spectrum parent Charter Communications have reached an early renewal for their multiyear carriage deal. Top AMC series include “The Walking Dead” franchise, the Annie Rice ...