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petrodollars
(redirected from Petrodollar)

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petrodollars

In economics, dollar earnings of oil-exporting nations, principally those in the Organization of the Petroleum Exporting Countries (OPEC).
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In the same way that Manchester boss Mark Hughes has come under more scrutiny and pressure since the arrival of Middle Eastern owners and their petrodollars, McLeish accepted that new money meant new expectations.
PRESSURE NO SWEAT - McLEISH by Sunday Mercury (Birmingham, England)
Although I imagine a lack of quality education and a surplus of petrodollars are contributing factors to the psychopathic behaviour.
Money talks by Gulf Daily News (Manama, Bahrain)
During his first four-year term, Ahmadinejad faced criticism over his government's profligate spending of petrodollars when oil prices were soaring, leaving the country more vulnerable when they fell last year.
Iran sets up oil task force with senior officials by Al Arabiya (Saudi Arabia)
 
 
 
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