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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 ...
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 economy.
Petronella Oortman (Dutch pronunciation: [ˌpeːtroˈnɛla ˈoːrtmɑn]; 1656–1716) was a Dutch woman whose elaborate dollhouse is part of the permanent collection of the Rijksmuseum in Amsterdam. Petronella Oortman should not be confused with her close namesake Petronella Oortmans-de la Court (1624–1707), who as it happens was also the ...
Petroleum politics have been an increasingly important aspect of diplomacy since the rise of the petroleum industry in the Middle East in the early 20th century. As competition continues for a vital resource, the strategic calculations of major and minor countries alike place prominent emphasis on the pumping, refining, transport, sale and use ...
Here's the full list of returning cast members: Michael Che. Mikey Day. Andrew Dismukes. Chloe Fineman. Heidi Gardner. Marcello Hernández. James Austin Johnson. Colin Jost.
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