In The News Today

Posted at 8:35 AM (CST) by & filed under General Editorial.

Bill Holter’s Commentary

Wait, what? What about the “petrodollar”?
Saudi Arabia Is Building Ballistic Missiles With China’s Help
December 24, 2021

Authored by Dave DeCamp via,
CNN reported on Thursday that US intelligence agencies have concluded Saudi Arabia is now actively manufacturing its own ballistic missiles with the help of China.

As the world’s largest importer of arms, Saudi Arabia has purchased ballistic missiles from China in the past but has not previously had the ability to manufacture them.

Unnamed sources told CNN that US officials at several agencies have been briefed in recent months on “on classified intelligence revealing multiple large-scale transfers of sensitive ballistic missile technology between China and Saudi Arabia.”

In a statement to CNN, China’s Foreign Ministry said the two countries are “comprehensive strategic partners” and “have maintained friendly cooperation in all fields, including in the field of military trade.”
“Such cooperation does not violate any international law and does not involve the proliferation of weapons of mass destruction,” the statement said.