petrodollar

(ˈpɛtrəʊˌdɒlə)

(Banking & Finance) money, paid in dollars, earned by a country for the exporting of petroleum

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

Translations

petrodollaro

petrodollar

[ˈpetrəʊˌdɒləʳ] N → petrodólar m

Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

petrodollar

n → Petrodollar m

Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

petrodollar

[ˈpɛtrəʊˌdɒləʳ] n → petrodollaro

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

Mentioned in

petrodollars

References in periodicals archive

In 1983, while Dr Khan was assistant professor at Dhaka University, he received a communication from Ali saying "petrodollar is calling you" (petrodollar refers to the income of oil-rich countries, such as the UAE).

Dubai's birdman takes a bow after 30 years in Dubai Municipality

"We have agreed to allocate an amount appropriate to the actual need of Kurdistan up to about 10 trillion dinars in exchange for handing over 250 thousand barrels per day by Kurdistan, and in the event of non-compliance of the region for any reason the federal government is authorized to take action, without touching the salaries of employees," noting that " with regard to the province producing oil, there is a paragraph in the budget that says all revenue of petrodollar and gas refining projects and the oil derivatives, the provinces are given a choice to only one revenue of them to allocate the required amount.

10 Trillion Dinars Is Kurdistan Share Of Budget, And Provinces Producing Oil Are Given Choice With One Revenue

The U.S.-Saudi economic arrangement came to be known as the petrodollar system.

Crude facts

Katusa expects that while OPEC still matters as a driver of energy markets, the petrodollar economy is coming to its twilight.

A hotter cold war

"Almost the whole Iraqi budget depended on Kirkuk oil last year, but the employees who used to receive their pay from petrodollar project, have received their salary for almost a year," said Dalo Kurdish Blocs reiterate to have united speeches Tariq Gardi, Deputy Head of Kurdistan Democratic Party (KDP) Bloc in Iraqi Parliament, said the five main Kurdish blocs' heads in Iraqi parliament have reiterated their wish to form a strategic working plan for new parliament season.

NEWS BAR

WITH reference to the talks about Britain The trouble is not our neighbours in Europe, but the constant brainwashing of Britain by the American capitalist system of money before welfare of its people, the mighty petrodollar ruling all.

We belong in Europe; FEEDBACK

The well-deserved win at Premier League champions and petrodollar juggernaut City in particular will be a delicious memory that will pass into terrace folklore.

A dream too far - but we bow out with our heads held high; Anthony Vickers' big match lowdown

The rest of OPEC followed, and this sealed the deal for US financial, political and military supremacy for decades - The petrodollar was born.

Comment

BASRA/ Aswat al-Iraq: Basra Provincial Council's member Haidar al-Sa'idi reported that the council threatened to obstruct oil operations and demonstrate if its five petrodollar share is given.

Basra threatens to obstruct oil operations, demands its share of petrodollars

petrodollar revenue is being spent in construction frenzy on ostentatious "white elephants".

Russian expert: Baku's efforts to use its "oil-and-caviar diplomacy" proved vulnerable and inefficient yet long ago

Members of the delegation said that Syria is making sacrifices on behalf of the Arab people, rejecting the crimes against the Syrian people committed by the terrorist groups backed by petrodollar regimes.

Algerian delegation visits injured army personnel