Thierry Teuma on LinkedIn: Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant (2024)

Thierry Teuma

Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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As mentioned in a previous post a few months ago,a fascinating new global financial puzzle is being designed before our eyes. Step by step, the (digital) architecture is being created that is essential to overcoming the dominance of the dollar. Saudi Arabia very skillfully placed another piece of the puzzle a few days ago.https://lnkd.in/eM7yGxGghttps://lnkd.in/eHuCyDyi

Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant finance.yahoo.com

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Michael Renninger

B2B Forged Parts | Fasteners | Verbindungselemente | Massivumformung | We help you to design and apply a unique internally threaded part that fits to your application perfectly

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Impressive insights. 🔍

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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Wie der Schein trügen kann!Wir haben neulich in einem LinkedIn-Beitrag von Frank Sieren gelernt, daß in den meisten ASEAN-Staaten hinsichtlich Zukunftsprojektioneneine starke Abneigung gegen alles Kriegerische vorherrscht. Die BRICS+,in die nahezu ganz Afrika und Lateinamerika hinein streben, distanzieren sich 'explizit' von militärischenPhantasien. Selbst in den meisten westlichen Staaten, haben Wahlen in den letzten Jahren eine starke Abneigung gegen das Kriegführen zu tage gefördert.Da stellt sich doch die Frage: ist die jetzige Militarisierung (Aufrüstung) wirklichVorbote künftigerkriegerischen Auseinandersetzungen und vor allem in wessen Namen bzw. Auftrag? Im Auftrag von ach so schlauen Börsen und Finanzmarktplätzen vielleicht?

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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Senegal and its new rulers had every reason to celebrate the start of oil production in the country. However, the celebrations are followed by a major test for the leadership duo. Similar to what recently happened in Gabon, Tanzania and Equatorial Guinea, a significant adjustment/revision of the revenue shares in favor of the country is seen as a mandatory exercise. Failure is prohibited!https://lnkd.in/em_Ri_b3

    Woodside Energy achieves first oil production from $5 billion Sangomar field offshore Senegal worldoil.com
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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    What do Burkina Faso's energy minister's yesterday announcement of the start of construction of a (probably SMR) nuclear power plant no later than next year (2025, so basically tomorrow) and the current announcement of the potential construction of a floating (even smaller) nuclear power plant on the Guinea coast have in common?Yes, with a little phantasy and anticipation, for the first time in Africa's history there is a real chance of transforming the - perceived eternal - dreams of sustainable industrialization into reality! As history has taught us so far, reliable energy supply comes first, followed by industrial production.The irony is that these first really serious/realistic attempts are being made by the military in power. Coincidence?If these initial pilot projects are successful, onewon't recognize Africa's industrial landscape in 10 years - that's a promise!https://lnkd.in/eD_2UbpB

    Rosatom Says May Build Floating NPPs in Republic of Guinea Under New Memorandum sputnikglobe.com

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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Schaut man mit ‘westlicher Linse’ auf den geschichtlichen Fluss der letzten Jahrtausende, ist das Heraufbeschworen eines neuen Imperiums zur Ablösung der eigenen (westlichen) Dominanz eine logische, ja fast zwingend lineare (und Furcht treibende) Konsequenz. Bloß, schaut man sich die neuen entstehenden globalen Kraftzentren und den Verlauf deren eigenen (teils) viel längeren geschichtlichen Flüsse an, drängt sich eine andere Schlussfolgerung auf und keineswegs die eines neu entstehenden hegemonialen Imperiums. Das Wort ‘Multipolarität’ - eine scheinbar neue Spieltaktik im globalen Spiel der Mächte ist aus deren historischen Perspektive keinesfalls so neu. Die BRICS+ Plattform dient diesen Ländern u.a. zur koordinierten ‘Selbstverpflichtung’, ja zum Teil ‘Selbstbeschränkung’ angesichts zum Teil stark divergierender Ziele/Interessen und zur Erstickung/Abwehr von vorhandenem und potenziellem (künftigem) hegemonialem Handeln.Die westliche Logik/Praxis, nach der Macht dazu da ist, um (zum Teil) hemmungslos ausgelebt zu werden, stößt bei vielen eher kollektivistisch orientierten Gesellschaften nicht zwingend auf Zustimmung/Gegenliebe. Deshalb werden China und Russland kein ‘Russina’ anstreben, sondern eher zusehen, dass in der neu entstehenden Weltordnung, die Großen/Starken zwar immer noch viel mehr zu sagen haben aber das ‘grobe’ Recht des Stärksten nicht mehr das (in letzter Konsequenz) einzige Maß bleibt, sei dieser Größte/Stärkste sie selbst. Langfristig scheint dies für sie lohnender/stringenter.

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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Considering the very limited financial resources of African countries and the absolutely desolate state of their energy supply, the practical implementation of the described project/technology in Uzbekistan should be followed with particular attention in Africa.If this pilot project is successful, such 'mobile nuclear power plants in miniature format' could - reliably - provide sufficient power to finally - and widely - initiate serious sustainable industrialization throughout Africa. It would make sense for several neighboring countries to join forces to acquire and jointly operate one such a nuclear plant. The recently founded AES alliance (consisting of Mali - Burkina Faso - Niger) would be the ideal first candidate for such an exercise. Numerous declarations of intent in this regard have already been made public last year.https://lnkd.in/eQpgiF5D

    Russia to build Central Asia's first nuclear power plant in Uzbekistan reuters.com
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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Although it is partly happening away from the European public eye, political upheavals are currently taking place in many (mainly) French-speaking African countries that are - without exaggeration - comparable to those of the years of (formal) independence in the early 1960s. The only difference is that this time the motto - lesson learned - plays an extremely prominent role.What lesson is it about? Put simply, the countries are now striving for 'de facto' (vs. formal) political, economic and not least military liberation from former colonial masters such as France, who continue to pull the strings behind the scenes in a self-aggrandizing manner. However, hardly any of these countries are striving to break away from France/Europe. But what could a (for both sides) constructive cooperation model look like? Here is a suggestion.Due to the very weak purchasing power in Africa, significant mass consumption of European goods/products is inconceivable there for the time being. Indeed, even infrastructure made by Europe is simply not competitive in Africa against 'Made by China' or 'Made by Turkey'. In addition to a lack of 'legal certainty', it is precisely the desolate infrastructure that is one of the main brakes on investment by European companies in Africa. Against this backdrop, what constructive contribution could Europe make?Simply printed out: Good ideas and cheap loansIs it really so unthinkable that sensible and above all, economically relevant infrastructure projects conceived between European and African countries could be co-financed (jointly) by Europe and China and implemented by Chinese companies in Africa due to their undeniable cost advantage? Yes, the current geopolitical climate speaks against it, but as the saying goes - where there's a will, there's a way.What would Europe gain from this approach? The infrastructure projects could be targeted in areas that offer particular incentives for European companies to finally invest more strongly and boldly in Africa. Only through local production in Africa can European companies/products compete with Chinese ones in Africa.Is my thought too naive or am I making a (logic) mistake? I would love to read your commentsand look forward to them.

    • Thierry Teuma on LinkedIn: Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant (17)
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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Considering that the circulation of money (on both a smaller and larger scale) is almost as important to the economy as the circulation of blood is to the body, this fascinating development in Asia will be greeted with enthusiasm by many African countries looking for a truly practical way to promote economic inclusion. With the planned round of enlargement later this year, I fully expect BRICS+ to come into play as an incubator for pilot projects to transfer these experiences from Asia to Africa.

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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    It is not uncommon to see a significant gap between sexiness and solidity in terms of business approaches. It will be interesting to see whether this rather 'conservative' approach can be maintained when the company embarks on a turbo-growth course.https://lnkd.in/e7ECSiaF

    (m+) Börsenstory für Raisin: Beim Fintech aus Berlin fließt erstmals mehr Geld aus dem Ausland manager-magazin.de

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  • Thierry Teuma

    Repetitive short excursions into the strategic bird's-eye perspective despite strong operational constrains are definitely a worthwhile investment

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    Europas Entscheidung für ein Verbrenner-Aus im Jahre 2035 war global betrachtet in der Tat ein grandioses Eigentor. Diese Schlussfolgerung war Vielen bereits vor der Beschlussfassung klar (https://lnkd.in/eeCNFgnT). Es war der vorhersehbare ‘Todesstoß’ für die (teure) Weiterentwicklung von Verbrauch und Abgas sparender Technologie.In Bezug auf den globalen Süden steht die Elektromobilität tatsächlich vor ‚goldenen Zeiten‘ sobald low-budget Hybridautos mit bi-direktional arbeitenden Batterien verfügbar und preislich mit gebrauchten Verbrennern konkurrieren können. Der Grund ist denkbar trivial: Die Batterien werden dann als verlässliche Reserve-Stromquellen überall dort eingesetzt, wo nächtliche tägliche Stromausfälle die Regel sind. Technische Konzepte für die notwendige Schnittstellen-Elektronik im Haus (z.B. digitale Sicherungskasten) existieren längst(https://lnkd.in/gtNbNaYc)Die bezahlbaren low-budget Elektro- oder Hybridautos werden aber mit an Sicherheit grenzender Wahrscheinlichkeit größtenteils aus China kommen, es sei denn, wir erleben ein überraschendes Comeback westlicher Hersteller im low-budget Bereich.

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Thierry Teuma on LinkedIn: Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant (24)

Thierry Teuma on LinkedIn: Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant (25)

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