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Rumor Mill News Reading Room, Current Archive

RussiaWorldSocietyScienceIncidentsOpinionBusiness Photo Advertising sections News » Business Saudi Arabia sheds Western shares

Posted By: IZAKOVIC
Date: Tuesday, 29-Sep-2015 05:05:07
www.rumormill.news/28912

In Response To: Putin's UN Syria show pushes Moscow back to center stage (IZAKOVIC)

28.09.2015 | Source: Pravda.Ru

http://english.pravda.ru/news/business/28-09-2015/132155-shares-0/

The Saudi Arabia reduces exterior investment. Given the fall of oil prices, the Saudis withdraw assets, worth dozens of billions dollars, from investment funds.

Authorities of the country intent to reduce the budget deficit in such a way, as well as lower possible risks at stock exchanges. In order to compensate rapid reduce of reserves, the Saudi Arabia Central Bank asked the banks to fund the bonds program.

Since the third quarter of 2014, foreign reserves of the Saudi Arabian Monetary Agency have dropped by almost $73 billion. At the same time, the state needs money to support the economy and fund military campaign in Yemen.

The Monetary Agency of the Saudis stated about net outflow from Europe, the Middle East and Africa. Financiers from different countries call this organization, which has overgrown with a wide range of agencies on assets management, to be an operator of the biggest quantity of the Saudi Arabia's funds.

Analysts of the Wood Mackenzie company counted on September 21, that the fall of world oil price in the future may threaten oil companies' projects worth $1.5 trillion, while investments may reduce 20-30%.

Also read: Why do oil prices fall?

Pravda.Ru

---

US does not even hide preparations for military confrontation with Russia

http://english.pravda.ru/news/world/28-09-2015/132151-usa_military_confrontation_russia-0/

The United States, without even hiding it, has been getting ready for a military confrontation with Russia, thus increasing the risk of a nuclear war many times.

'Stop NATO' blog editor Rick Rosoff said in September 2010 that the Pentagon was using the Baltic countries (Lithuania, Latvia, Estonia) as a training ground for both the war in Afghanistan and other future wars, an article posted on Global Research said.

During the recent years, NATO has grown from 16 to 28 member countries. Former Soviet republics, such as Estonia, Latvia and Lithuania, joined the alliance, and Washington used their territories to deploy military bases and military weapons there, along with initial stages of the European missile defense system.

The deployment of US and NATO forces near Russian borders violates the Treaty on Conventional Armed Forces in Europe from 1991 that prohibits certain categories of conventional military equipment in Europe, the publication said.

Estonia, Latvia, Lithuania and Poland were used to prepare for a potential confrontation with Russia, A number of large-scale military exercises were conducted, thus marking preparations for third world war.

At the same time, US and European officials consistently lie about Russia's non-existent aggression in Ukraine, as well as about the deployment of troops and military aircraft in Syria. According to the authors of the article, Moscow is the main peacemaker on the continent, whereas Washington threatens peace, security and stability in the whole world.

The term "Russia's aggression" is regularly used to justify the deployment of US military hardware in Eastern Europe and large-scale military exercises near the borders of Russia. In addition, NATO tris to make its members increase defense spending.

German broadcaster ZDF has recently reported that the US was planning to deploy powerful B61 thermonuclear bombs in Germany.

---

IZAKOVIC



RMN is an RA production.

Articles In This Thread

Putin's UN Syria show pushes Moscow back to center stage
IZAKOVIC -- Tuesday, 29-Sep-2015 04:59:50
RussiaWorldSocietyScienceIncidentsOpinionBusiness Photo Advertising sections News » Business Saudi Arabia sheds Western shares
IZAKOVIC -- Tuesday, 29-Sep-2015 05:05:07
Russia and Pakistan Are Getting Really Friendly
IZAKOVIC -- Tuesday, 29-Sep-2015 05:27:08
UK to send troops to Somalia
IZAKOVIC -- Tuesday, 29-Sep-2015 05:08:38
(VIDEO) HARD INTERNATIONAL INCIDENT IN UN: Putin wanted to toast with Obama but did not expect this!
IZAKOVIC -- Tuesday, 29-Sep-2015 05:20:06
Russian President Vladimir Putin: So who created ISIS, anyway?
IZAKOVIC -- Tuesday, 29-Sep-2015 05:50:27

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AN EXPLANATION OF THE FACTIONS