Pointing to Doha’s ties to terrorism and the need to maintain national security, Saudi Arabia and three other nations broke diplomatic relations with Gulf Arab state Qatar on Monday. While the United Arab Emirates, Bahrain and Egypt cut ties with Doha on Monday, Riyadh… Read More ›
Day: June 5, 2017
Big Money Investors Would Not Be Deterred By Trump’s Abandonment Of Paris Climate Accord
Big money investors, such as Singapore wealth fund Temasek, said they’re continuing to go green even though U.S. President Donald Trump pulled out of the Paris climate change deal. Going green was just good business, said Robin Hu, head of the sustainability… Read More ›
United Arab Emirates, Saudi, Bahrain and Egypt sever ties with Qatar accusing it of terrorism
A split in between the members of the Gulf Cooperation Council will have serious repercussions around the Middle East. In an unprecedented development, the United Arab Emirates, Saudi Arabia, Bahrain and Egypt have accused Qatar of supporting terrorism and have… Read More ›
Britain will have to have “difficult conversations” with Saudi Arabia and Gulf States: Jeremy Corbyn
The Labour Party is fast catching up with May’s Conservative party. Resuming his election campaign after the London terror attacks, Jeremy Corbyn, Britain’s opposition leader, has stated Britain will need to have “difficult conversations” with Saudi Arabia and other Gulf… Read More ›
Goldman Sachs’s purchase of Venezuela’s “hunger bonds” come under fire
Goldman Sachs bought PDVSA’s oil bonds for pennies. As per a senior White House official, the Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government. The U.S. government stance may have… Read More ›
The mirage of success in China’s “Belt and Road” initiative
The success painted by Beijing’s state owned media regarding its strategic Belt and Road initiative significantly differs from the reality of the situation. As part of its central “Belt and Road” strategy, China has created an international free trade zone… Read More ›