In These New Times

A new paradigm for a post-imperial world

Chinese gain in US-Saudi slump

Posted by seumasach on October 28, 2013

“The House of Saud also knows very well it is the solid anchor that keeps OPEC tied to the petrodollar system. Without Saudi Arabia the petrodollar is history.”

euronews

23rd October, 2013

Upset at president Barack Obama’s policies on Iran and Syria, members of Saudi Arabia’s ruling family are threatening a rift with the US that could take the alliance between Washington and the kingdom to its lowest point in years.

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