Will Saudi Arabia enter a defense treaty with Russia and China? (UPDATE)

Saudi Arabia is in a delicate situation: last month Russia increased it’s oil exports to China by 20% and became Chinas number 1 oil supplier, where as Saudi Arabia’s oil imports to China dropped by 40%. And all because Russia and China have a currency agreement, which allows China to pay for the oil in Chinese Yuan or Rubles.

It’s said that if Saudi Arabia want to secure it’s market share in China, they will have to drop the Petrodollar and accept CNY for payment of their oil. And we all know what happened to the leaders who tried to abandon the Petrodollar in the last decade. ( Saddam Hussein charged Euro for Iraq’s Oil, Gadhaffi wanted to charge Gold for his Oil, both were killed with the friendly support of the USA).

Now, let’s suppose Saudi Arabia wants to abandon the Petrodollar, and they know what happened to Saddam and Gadhaffi. At the same time they see the USA approaching their enemy, Iran.
Saudi Arabia knows, despite all their weapons, they will not be able to defend themselves against the USA, but the only two countries that could give them a certain level of security are Russia and China.
In this context it would be very reasonable for Saudi Arabia to prepare for the case that the USA becomes an enemy and send the minister of defense accompanied by senior military and intelligence officials to Russia to discuss a possible military cooperation.

Now, here is what happened:

Earlier in June, Deputy Crown Prince and Minister of Defense Mohammed bin Salman visited St. Petersburg, accompanied by other senior military and intelligence officials. This delegation doesn’t look like it’s chosen to talk about the oil price or exchange opinions about the war in Yemen. But I’d choose this kind of people to discuss a military cooperation.

Just a thought…


The Saudi foreign Minister Adel al-Jubeir said: “This issue [purchase of weapons] is being considered by the military experts from our countries. But I want to stress that nothing prevents us from buying Russian defense systems, just like nothing prevents Russia from selling them to Saudi Arabia, […]”

This is a very clear statement, noting that they almost only bought Western weapons up to now.



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Wann wird sich die EU mal um unsere Gesundheit bemühen?

Nur ein Link zum Thema Glyphosate. Ist traurig dass die EU nur den schutz der Wirtschaftsbosse im Sinn hat. Für die EU is Glyphosate weiterhin unbedenklich, trotz gegenteiliger beweise, und trotz WHO Bericht.


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Projekt für eine Blühende Wirtschaft in Europa und Asien

Wie wir alle wissen, ist eine gute Infrastruktur die Basis für eine blühende Wirtschaft.

Wenn die chinesischen Eisenbahn Projekte (one road one belt; trans-asian railway network ) mit dem “Programm für ein Wirtschaftswunder in Südeuropa, der Mittelmeerregion und Afrika” kombiniert würde, stände einer blühenden Wirtschaft in Eurasien nichts mehr im Weg.

Ich bin zuversichtlich dass die Chinesen ihre Projekte realisieren, aber ob Europa den Teil in Europa hinkriegt, da hege ich Zweifel, zumal das Projekt in Europa kein offizielles Projekt ist, sonder bisher nur eine Studie.



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Does China prepare it’s steel industry for war?

China just approved a railway project for 714 billion RMB, thats about 120 billion US$!
As everybody know, building new railways are pushing the steel production.
My question is: Is this a preparation for war, or it’s simply thought to keep the economy growing? One fact that specks for the second point, is that in todays wars steel is not as important as it was in past, at least as long as there is no major war on the ground.
I hope my thought was wrong, and China is simply pushing it’s economy which is facing a crises as well, by investing in it’s infrastructure.


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I have to correct my opinion about the revolution in Egypt

On of several articles that changed my initial meaning is the following one:

In the beginning I did think the revolution will strenghen the American position in Africa, but no it looks more an more like the revolution lead to a more independent middle east (from the West). The situation gets more and difficult for western countries to controll. Iran an Egypt are getting closer, what’s probably the last thing the Nato wishes.

The coming time will be hot, I hope not too hot, meas let’s hope sombody manages to avoid the already decided war against Syria and Iran, and any other war…

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Swiss central bank prints money

The Swiss central bank increased the available money for banks by almost 90 billion CHF. With other words, they print money.
Even I have some basic knowledge about macroeconomics, I do not understand why this money cannot be given directly to the people?
This would help them who have nothing and they would spend it directly, means the effect is even bigger, because the speed of circulation increases. What again would help the economy.

It would be great if somebody could explain this to me.

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Obama, Osama

Der Tagesanzeiger schrieb heute in seiner Onlinausgabe:

Für ungewollte Lacher sorgten Verschreiber bei den Namen Obama und Osama. So vertippte sich auch der deutsche Regierungssprecher Steffen Seibert am Morgen beim schnellen Twittern. Auf einmal stand da im Netz: « Kanzlerin: Obama verantwortlich für Tod tausender Unschuldiger, hat Grundwerte des Islam und aller Religionen verhöhnt»


Und der Tagesanzeiger hat recht, dies Aussage ist falsch. Wenn wirklich Obama gemeint wäre müsste es heissen: “Obama, verantwortlich für den Tod von millionen Unschuldiger, hat die Grundwerte der Menschheit verraten.” oder so ähnlich.

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