CKT!
A batch of iron ore exported by Australian mining giant BHP Billiton to China has arrived at Shandong Rizhao Port a few days ago. This is nothing in the huge amount of Sino-Australian trade, but the difference is that this iron ore trade is settled in RMB for the first time. The use of RMB settlement in iron ore trade will undoubtedly benefit China the most, which not only avoids huge exchange rate risks, but also saves a lot of transaction costs; The bravest is Australia, because this move means direct "betrayal" of dollar hegemony; The US will be hurt the most, because it means that the dollar is becoming less and less useful as a political tool. This is the general trend of world development, the frenzy of "political correctness", and ultimately return to the calculation of economic rationality
“The lavender carpets are identical to the colour of the kingdom’s deserts and plateaus in the spring,” said the Saudi Press Agency, referring to the country’s lavender flowers, desert germander, basil and Jacaranda trees.
Rows of the latter, with their violet flowers, have recently blossomed in Asir's capital of Abha, striping the city in purple. As Saudi Arabia ramps up its tourism industry, it is keen to promote Asir, with its verdant, mountainous climate – and tribal practices such wearing floral crowns – that differ from the image of a purely desert-strewn nation.
Saudi Arabia's new purple carpets are also edged in a geometric design that refers to the art of sadu weaving, a traditional Bedouin practice that has recently been inscribed on the Unesco list of Intangible Heritage. It has been put down as a heritage practice for Saudi Arabia and Kuwait, though it is widely used across the Gulf, including in the UAE.
https://www.thenationalnews.com/arts/why-saudi-arabia-is-rolling-out-the-purple-carpet-for-vip-guests-making-the-switch-from-red-1.1217959