“They are willing to take the whole 5 percent, or even more, alone.”
We’ll say it again: the obvious question here is what this means for bin Salman’s “Vision 2030” and for the crown prince’s economic reform platform more generally.
Come one, come all.
Again: who said markets are no longer efficient?
“…investors did not take the remarks as a sign that the dispute was moving closer to resolution.”
“Remember: all of this so Saudi Arabia can deflect blame for Riyadh’s support of Sunni extremism and punish Doha for adopting a more conciliatory stance toward Tehran.”
If you have any ideas on how to get negotiations up and running again, please contact the appropriate parties in Riyadh and Doha – just make sure you don’t say they called you.
Just another day in Wonderland…
“Sorcerers from Senegal and Mauritania get millions of dollars after sheikhs in Qatar offer to bring down spirits and harness genies to solve the crisis.”
Remember back in late 2015/early 2016 when everyone was panicking about the Saudi riyal peg after the kingdom cut subsidies in an effort to plug a yawning budget gap? Basically, Riyadh set out to implement austerity as an offset to plunging crude prices and as a means of stanching the attendant SAMA burn. That spooked…
“There is no fear from our direction. We are ready to face the consequences.”
“We have been accused of bias, of catalysing the Arab Spring, of having an agenda, and of favouring one group over another. We reject these allegations and our screens are a testament to our integrity.”
“The implications are far reaching, with scarcely a country in the region not at risk of being drawn in.”
“There is no question that these individuals are connected to Qatar, but the question of whether they are “terrorists” or not is essentially political.”
“In our opinion, this is not dangerous market complacency but a reflection of an abnormally tranquil macro environment, with a benign economic outlook, very supportive financial conditions, and lower political risks”…