KangarooMeat

Wow 🤯 The UAE Crown Prince has joyfully returned home, and China and the UAE have reached 24 cooperation agreements. The specific projects are as follows: I. Establish a high-level joint committee mechanism for China-UAE investment cooperation. II. China-UAE Business Council cooperation to promote trade facilitation. III. UAE sovereign fund expands investment in China. IV. Direct settlement of RMB and Dirham as local currencies. V. Direct connection of cross-border payment systems between the two countries to achieve second-level remittances. VI. Deepen cooperation on digital RMB. VII. Cooperation on financial technology and digital financial infrastructure. VIII. Long-term stable crude oil supply with normalized RMB settlement. IX. Abu Dhabi 2.1GW photovoltaic storage project. X. Cooperation on low-carbon technologies such as green hydrogen and carbon capture (CCUS). XI. Cooperation on intelligent oilfield digital management technology. XII. Cooperation on new energy vehicles and power battery industry chains. XIII. Cooperation on ultra-high voltage, smart grid equipment, and technology. XIV. Investment in metallurgy and building materials deep-processing projects. XV. Desert water-saving agriculture, seawater rice, and saline-alkali land improvement. XVI. Construction of grain reserves and cross-border cold chain logistics systems. XVII. Cooperation on efficient seawater desalination technology and equipment. XVIII. Sister port cooperation between Hainan Yangpu Port and Abu Dhabi Port. XIX. Normalized operation of Zhengzhou-Dubai cargo air route. XX. SCO Demonstration Zone to UAE TIR cross-border highway. XXI. Cooperation on AI, cloud computing, and computing power centers. XXII. Commercialization and implementation of fully unmanned autonomous driving operations. XXIII. Construction, registration, and application of traditional Chinese medicine centers. XXIV. Cooperation on cross-border e-commerce and online-offline integration. Among them, petroleum RMB, de-dollarization financial channels, non-oil trade at the billion-yuan level, and new energy megaprojects represent major breakthroughs for China and the UAE, all of which are pragmatic agreements that are feasible, with clear responsible entities and timelines. Via Eason Mao

The Strait of Hormuz is blockaded. Europe's plan? Ursula von der Leyen: "The cheapest energy is the one you don't use." Stay home, don't drive, don't use electricity. The EU has no plan and no military to change do anything. So they are stuck with "monitoring the situation"