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Kingdom of Saudi Arabia/CHINA SWAP USD $7 Billion
“ China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push. The three-year deal allows for a maximum of 50 billion yuan or 26 billion riyals. While relatively small, the deal could loom larger symbolically as Saudi Arabia is the world’s top oil exporter, and most global oil trades are conducted in dollars.
And although Russia is China’s top oil supplier, China imported $65 billion worth of Saudi crude oil in 2022, according to Chinese customs data cited by Reuters. That adds up to roughly 83% of the country’s total exports to China.”
KUWAIT: Committee weighs raising minimum pension to KD 1,000 = USD $3,240: MINIMUM MONTHLY
https://www.arabtimesonline.com/wp-content/uploads/pdf/2023/nov/ArabTimes14nov2023.pdf
KUWAIT 14 November 2023. ARAB TIMES. “ KUWAIT. Per Month MINIMUM PENSION. USD $3, 240:” This is RESPECT to VALUED STAFF providing Services at ALL Levels. Can You imagine the MAXIMUM ?????. THE LESSON, is, The Kuwait Ruling Families and Government’s, WISE Strategic Management of their Country’s, OIL, FINANCIAL, and HUMAN Resources with Professional Skilled Staff, enables this pension payment.
Kuwait offered repeatedly, to assist Guyana with Best Practices Ministerial Visits, OFFERS, which were reported in my 40 to 50 pages Monthly Reports, with NO Courtesy of a Response from the Ministry of Foreign Affairs OR Ministers, during my Tenure 2016-2020.
Since my Wheels up from Kuwait on 11 August 2020, PPP’s Gross Disrespect to Kuwait, with NO AMBASSADOR, when Kuwait PAYS USD $100,000: Yearly for Embassy Rent, Ambassador’s Guyana Villa, First Secretary Apartment Rent, 3 Motor Vehicles, 50 % Local Hired Staff Salaries, Free Water and Free Electricity.
Recommendation for GUYANA: A PENSION FUND FOR ALL WORKERS. Social security welfare benefits (pension, health insurance, and the like) can be available if Government makes it possible for workers to join a pension fund and for the Government to guarantee unemployment benefits for a fixed period, in the event of loss of job, not due to reasons of the worker. Guyana needs significant social protection for workers.
The poor, some half of the population, and the poorest (some quarter of the population, including retirees) who scour for daily work or labour below the minimum wage have NO ACCESS to any benefits, no social welfare benefit other than old age payments.
Our South American partners like Brazil and Argentina, among others, have pension plans — contribution-based and with matching funding from the companies where they labour.
Do also RECOMMEND a COMMISSION for PUBLIC Employees COMPENSATION Package, and Retirement age to be 65.
A Commission of 7 Persons, from Government, Opposition, Unions and Civil Society, to do a study, discuss and recommend Salaries, Compensation Package, Duty Free Allowances, Land for Houses with Support, Life Insurance, Health Insurance and Pensions. Guyana is with a SKILLS DEFICIT, so it will be strategically wise to increase the retirement age to 65 without delay.
IsDB USD $900 Million CREDIT and GRANT 2018-2022
April 5, 2018. APNU-AFC, with Ambassador Dr. Shamir Ally’s, BIWEEKLY, Relationships Building, Relationships Maintenance with Respect, Contacts with IsDB Officials, AND with Senior Minister of FINANCE Hon. Winston DaCosta Jordan, MSc (Economics), WE, successfully negotiated and secured an AGREEMENT for “ Guyana receives US$900M CEEDIT and GRANT from Islamic Development Bank for 2018-2022.” As of August 2020, we used approximately USD $200 Million and were unable to use more, due to our inability to secure and submit the extremely expensive FEASIBILITIES STUDIES. There is NO information in the media IF the PPP Administration requested and secured an EXTENSION from Year 2022?
https://www.inewsguyana.com/guyana-receives-us900m-from-islamic-development-bank/
624 Pages BOOK “ Cedric L Joseph : Anglo-American Diplomacy And The Reopening Of The Guyana-Venezuela Boundary Controversy, 1961-1966.”
His Excellency CEDRIC JOSEPH, MA ( London School of Economics & Political Science.) A very Distinguished Guyana Diplomatic Patriot who served as Ambasssdor to United Kingdom and Zambia, with Distinction. Extensive RESEARCH for 624 Pages BOOK “ Cedric L Joseph : Anglo-American Diplomacy And The Reopening Of The Guyana-Venezuela Boundary Controversy, 1961-1966.” With MY Highest Recommendation.
https://www.amazon.com/Anglo-American-Diplomacy-Reopening-Guyana-Venezuela-Controversy/dp/1425134718
His Royal Majesties the 7 Magnificent KINGS of SAUDI ARABIA, from 1932 to Currently
Photo: King Abdul Aziz bin Abdul Rahman Al Saud, also known as Ibn Saud, was the founder and FIRST KING of Saudi Arabia. He was born in Riyadh in 1876 and died in 1953. 1932-1953
He was a powerful and charismatic leader who unified the Arabian Peninsula and established the Kingdom of Saudi Arabia in 1932. The Embassy of India, Riyadh Saudi Arabia mentions: “Saudi Arabia owes its present formation to King Abdulaziz Al-Saud (1882-1953), who established the modern Kingdom in 1932. Since 1953, Saudi Arabia has been ruled by the sons of King Abdulaziz. The present ruler King Salman bin Abdulaziz Al Saud, ascended to the throne in January 2015.”
He also played a key role in the discovery and development of Saudi Arabia’s oil resources.
PHOTO: King Saud bin Abdulaziz became the SECOND KING of Saudi Arabia, reigning from 1953 to 1964. He was the eldest son of the first king, Abdulaziz Al Saud, and he played a significant role in uniting the country. He also contributed significantly to the development of Saudi Arabia’s oil industry. Saud was born in Riyadh in 1902. In 1953, Saud succeeded his father as king. He was a popular ruler at first, but he became increasingly authoritarian and corrupt. 1953-1964.
Photo: King Faisal bin Abdulaziz Al Saud was the THIRD KING of Saudi Arabia, reigning from 1964 until his assassination in 1975.
He was a major figure in the Arab world and a proponent of pan-Arabism. He was also a staunch supporter of the Palestinian cause and played a key role in the 1973 Arab Israeli War. 1973 When Washington airlifted in U.S. weapons that helped Israel thwart Arab gains, Saudi King Faisal and OPEC’s Arab members retaliated. They increased oil prices, banned oil shipments to the United States and cut production by 5% per month.
The 1973 energy crisis, also known as the Oil Shock of 1973–74, was a period of skyrocketing energy prices and fuel shortages resulting from an embargo by Arab oil-producing nations in response to U.S. support for Israel during the Yom Kippur War. His Excellency Henry Kissinger met with King Faisal of Saudi Arabia and persuaded him that the conditions for the embargo had ended with the end of the Yom Kippur war. 1964-1975
PHOTO: King Khalid was born in Riyadh in 1913. He was educated in the traditional Islamic schools of Saudi Arabia. King Khalid bin Abdulaziz Al Saud was the FOURTH KING of Saudi Arabia, reigning from 1975 to 1982. He was the sixth son of King Abdulaziz Al Saud. 1975-
PHOTO: King Fahd bin Abdulaziz was the FIFTH KING of Saudi Arabia, ruling from 1982 until his death in 2005. He was the eldest son of King Abdulaziz.
Fahd was born in Riyadh in 1923. He was educated in Riyadh and in Egypt. He was appointed minister of education in 1953 and minister of the interior in 1962. In 1975, he was appointed crown prince and prime minister. 1982-2005
PHOTO: King Abdullah bin Abdulaziz Al Saud was the SIXTH KING of Saudi Arabia, ruling from 2005 until his death in 2015. He was born in Riyadh in 1924, the 37th son of King Abdulaziz. He was educated in Riyadh and Medina, and then went on to study law in Cairo.
King Abdullah was a key figure in Saudi Arabia’s modernization. He oversaw the development of the country’s infrastructure, education system, and healthcare system. 2005-2015
PHOTO: King Salman bin Abdulaziz Al Saud is the CURRENT and SEVENTH KING of Saudi Arabia. He was born in Riyadh in 1935 and is the 25th son of King Abdulaziz Al Saud, the founder of the modern Saudi state. Salman served as governor of Riyadh province from 1963 to 2011 and as minister of defence from 2011 to 2015. He became king in 2015 after the death of his half-brother, King Abdullah. 2015 to Currently
Onward & Upward towards, One People, One Nation, One Destiny.
https://en.m.wikipedia.org/wiki/History_of_Saudi_Arabia
