Leading journalist Sami Ibrahim says that after the situation caused by the corona virus, the way oil prices are falling has not happened till today. In the coming days, the price of petrol will go down to zero as refineries have oil stores. Shell is a very big American company, it also has many stations in Pakistan, this company has become back-corrupt.
No one ever thought that even oil companies would be bank corrupt. There is a huge opportunity for China to buy it. I am doing this because, according to the statistics that are coming out, Destroyed, but the biggest beneficiary in this situation is China.
Sami Ibrahim added that there are currently four Chinese banks in the world's leading banks (financial institutes). These banks used to be under the United States six or seven years ago today. But now the United States ranks sixth in this list. By the time the Corona epidemic hit, China's currency had depreciated and China's stock had plummeted, so Western stockholders quickly sold their stocks.
That is, the Americans sold the ownership of Chinese companies. At that time, the Chinese government bought all these companies. So all the companies whose shares were bought by the United States, Japan and Russia were bought back by the Chinese government. When the business picks up, the profits from these companies will go to the Chinese government. China is also being asked to buy the American company Shell. That is, the country from which the corona virus originated has overpowered it and On the other hand, the price of oil has been steadily declining.
0 Comments