Economist Views on Saudi Arabia, Hungary, the EU and more.....11-3-2022

Saudi Arabia Is Breaking Away From America - Asia Is The Future

Sean Foo:  11-3-2022

The old world order is breaking and Saudi Arabia is spearheading this change. With a Saudi-First policy, MBS is looking to cut the best deals for this country and the old alliance with the United States might not be in their best interests anymore.

His focus is now shifting towards the East. Here's what you must know about the changing world order.

Timestamps & Chapters:

0:00 The Old Alliance Is Breaking

3:00 Petrodollar Agreement Isn't Working

6:06 The War On Fossil Fuels

8:40 Oil Price Cap Worries

11:32 Saudi Arabia Is Moving East

13:33 It's All About Survival Now

https://www.youtube.com/watch?v=hageOkdOQYA

Hungary is against the EU not using rubles for gas settlement!

Deepin Moments:  11-3-2022

Recently, Hungary said that if the EU's new sanctions, involving Russia's natural gas, and thus affect Hungary's energy security, then Hungary will oppose to the end.

Although Hungary's opposition is determined by the needs of its own interests, but Hungary has been singing with the West one after another, apparently a bit angry with the West!  

The EU wanted to oppose Putin's "Ruble Settlement Order" and refused to use the ruble to settle gas bills, which was vetoed by Hungary.  

Then, the EU sanctions against Russia, every time it comes to Russia's energy exports, will usher in Hungary's opposition! And knowing that the West supports Ukraine and wants Russia to plant a big heel on the battlefield of Ukraine, as a result, now that the fight is going on, Hungary calls on the United States to take measures to promote a ceasefire in the Russian-Ukrainian conflict.

https://www.youtube.com/watch?v=6VAawv6BzaI

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