Petrodollar System and Fuel Exporters
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Questions and Answers

What has buoyed hydrocarbon prices, according to the text?

  • Luring Asia and mending ties with Israel
  • Recycling proceeds in Western capital markets
  • Military aid from America
  • War and sanctions (correct)

    • What did fuel exporters traditionally do during previous booms, as mentioned in the text?

  • Woo the White House
  • Deepen crude-output cuts
  • Recycle the proceeds in Western capital markets (correct)
  • Buy oil from Saudi Arabia

    • What was the unspoken agreement between America and Saudi Arabia and friends, as per the text?

  • America would offer military aid and buy oil from Saudi Arabia and friends (correct)
  • Saudi Arabia and friends would deepen crude-output cuts
  • America would deepen crude-output cuts for Saudi Arabia and friends
  • Saudi Arabia and friends would offer military aid and buy oil from America

    • What is one reason why Uncle Sam is considered to be a less watchful partner, according to the text?

    <p>Now a major oil exporter</p> Signup and view all the answers

    What angered America, as mentioned in the text?

    <p>Deepening crude-output cuts by Saudi Arabia and its allies</p> Signup and view all the answers

    What do Gulf states feel freer to do, as per the text?

    <p>Use their mountains of cash however they wish</p> Signup and view all the answers

    What is the primary reason for Saudi National Bank's loss in investment in Credit Suisse?

    <p>The acquisition of Credit Suisse by UBS</p> Signup and view all the answers

    Who is getting less of the oil windfall, according to the text?

    <p>ADIA</p> Signup and view all the answers

    What is the focus of ADQ's investments, as per the text?

    <p>Renewables and tech</p> Signup and view all the answers

    What is becoming harder to see due to the shifts in sovereign-wealth funds' strategies?

    <p>Oil money flow</p> Signup and view all the answers

    Who has been made chairman of both ADIA and ADQ?

    <p>Sheikh Tahnoon bin Zayed</p> Signup and view all the answers

    What is a growing trend in how 'family offices' manage private wealth?

    <p>$500m-1bn stakes in single firms</p> Signup and view all the answers

    What is a concern for the West arising from the blurring line between ruling families' personal wealth and that of the sovereign?

    <p>Moving funds unnoticed</p> Signup and view all the answers

    What industry does Mubadala deem core to its security in its investment approach?

    <p>Energy</p> Signup and view all the answers

    Where do financial sleuths suspect a share of Russia’s oil earnings is being deposited?

    <p>Banks in the Gulf</p> Signup and view all the answers

    'More geopolitically astute petrostates create the chance for wavering countries to get financing outside of Western-led institutions' indicates what potential impact of the evolving sovereign-wealth funds' strategy?

    <p>Increased degree of freedom for wavering countries</p> Signup and view all the answers

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