Our private clients have known since May 2018, that the would be Crown Prince of Fujairah (one of the 7 states comprising the UAE) and potentially the future Ruler of Fujairah had run away from UAE and took asylum in Qatar.
This has huge geo-political ramifications for the UAE as well as for Iran and Qatar on the other end.
It has also been known to our private clients that one of the daughters of Ruler of Dubai had run away in March 2018 and has not been seen since, when India allowed her capture and to be sent back to Dubai.
Now, one of the leading newspapers of the world has released this damaging information today, spilling the internal frictions of the families of the UAE rulers in the open that is happening for the very first time in UAE history.
The timing of release of this news by the US (right before the arrival of Chinese President Xi Jinping to UAE next week) indicates 2 things:
1. US has taken off the gloves against UAE and Saudi as the pressure intensifies over control of oil and US dollar global acceptability (whether to sell oil in Yuan and erode the value of the "mighty" US dollar).
2. As we have predicted over the last few years, that there is a very high chance that, within 2018, Saudi and UAE, SHOULD start accepting Chinese Yuan when selling oil to the entire world.
Because the certainty of this monumental decision is moving closer, therefore, Trump has been sending tweets about price drops coming in oil and asking Saudi to drop the price (we have seen massive drops in price of oil last week) plus damaging news is coming out almost every week against UAE and Saudi (from missile alerts issued by UK in UAE to money laundering allegations in UAE by US think tanks to major Fortune 500 corporate exits from UAE and more).
Since 2017, China is importing more crude oil than USA for the first time and has also started trading of oil futures in Shanghai since early 2018 for the first time.
In Jan 2016, President Xi Jinping had made a rare visit to Saudi Arabia.
In Mar 2017, King Salman of Saudi Arabia made a rare visit to China.
Will next week’s visit by Chinese President, Xi Jinping, to UAE, cause a geo-political earthquake, where UAE/Saudi may formally agree to accept non USD currency for sale of their oil?
Let’s see what the hot summer trip of the Chinese President to UAE brings upon us?
IF the sale of oil in Yuan is confirmed next week, it will cause an upheaval globally, could lead to depreciation of pegged Middle Eastern currencies, cause GCC/UAE real estate to decline further in addition to variety of negative and volatile financial impact around the world as US dollar takes a major and the most important setback.
It will also herald a major step forward for China in establishing it's global super power status.
Could this coming financial upheaval also be a reason why Trump has been acting irrationally (especially very vocally against China) by issuing tariffs on a weekly basis that basically don't hurt China much but have a significant detrimental impact on almost all nations including massively on the USA itself?
IF the sale of oil in Yuan is confirmed next week, it will cause an upheaval globally, could lead to depreciation of pegged Middle Eastern currencies, cause GCC/UAE real estate to decline further in addition to variety of negative and volatile financial impact around the world as US dollar takes a major and the most important setback.
It will also herald a major step forward for China in establishing it's global super power status.
Could this coming financial upheaval also be a reason why Trump has been acting irrationally (especially very vocally against China) by issuing tariffs on a weekly basis that basically don't hurt China much but have a significant detrimental impact on almost all nations including massively on the USA itself?
The following article from China released hours ago today could be prescient:
“President Xi Jinping's upcoming visit to the Middle East and Africa will be "an important diplomatic activity"for boosting unity and cooperation with developing countries amid profound changes in the global situation, a senior diplomat said on Friday.” (emphasis is ours)
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