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Business Basics Profile picture
Business Basics
@businessbasiics
Covering Economies around the world | 500k Subs on Youtube
Dec 6, 2022 • 8 tweets • 3 min read
🚨 BREAKING🚨

The Ukrainian army hit a nuclear airbase 450 miles from the Russian border...

Right next to Moscow!

They did this using their new drone program.

Ukraine's drones, explained 👇 Image Ukraine doesn't just have a few drones, it has an entire army of them!

There are two main types of drones Ukraine uses:

- Smaller drones to spot Russian forces
- And bigger drones to destroy them

The smaller drones look just like the ones you can buy at the store. Image
Dec 5, 2022 • 4 tweets • 2 min read
Xi Jinping is going to visit Saudi Arabia!

This is part of Xi's bigger plan to gain power in the Middle-East.

This is bad news for Joe Biden, who also visited the region this year.

Are we going to see the United States and China compete for the Middle-East?

Explained 👇 Image US - Saudi relations are different from China - Saudi relations.

Saudi-Arabia is one of the few 'allies' of the US in the region, if you can call them that.

Saudi-Arabia gets weapons from the US, and the US get oil from the Saudis.

They also support each other politically. Image
Dec 4, 2022 • 5 tweets • 2 min read
🚨 BREAKING 🚨

OPEC+ announced huge cuts in oil production!

This is terrible news for the global economy. 😳

Please retweet, this will effect everyone.

OPEC+ oil cuts, explained 👇

cnbc.com/2022/12/04/ope… What is OPEC+?

It's basically an oil cartel.

Major oil-producing countries discuss their oil prices in it.

They collaborate to create artificially high prices.

After all, they want the highest price they can get for their oil.
Dec 3, 2022 • 12 tweets • 3 min read
What happened this week?

All the big headlines you might have missed 👇

🧵Thread🧵 Europe 👇

The EU & China had a meeting, discussing China's covid policy and future relations:

reuters.com/world/china/ch…
Dec 3, 2022 • 9 tweets • 3 min read
Apple supports censorship by authoritarian regimes!

Just before the protests in China began, Apple did a software-update on Chinese devices.

With the update, Apple helped the CCP silence their citizens!

🧵THREAD🧵 Apple limited the AirDrop function in China.

AirDrop is a way to share content between Apple devices.

It doesn't use internet, so content can escape the Great Firewall of China.

The CCP uses the Great Firewall to censor everything on the Chinese internet.
Sep 18, 2022 • 22 tweets • 6 min read
China’s Economy Is Messed Up!

The CCP is facing a near-complete economic collapse and it all has to do with China’s real estate bubble.

Here Is a Full Story of China’s Economic Downfall
🧵(Post-Mortem)🧵 The year was 1989 and the CCP did something that shook the entire world -

China’s democratic protests were threatening CCP’s rule...

It made them scared...

So scared that CCP decided to launch an attack against its own citizens

To silence the protests!