You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

7 June 2017 (AFR) – Behind the extraordinary Gulf dispute with Doha

(7 June 2017, AFR, p23, by Simeon Kerr)

‘The unprecedented move by Saudi Arabia, the United Arab Emirates, Egypt and Bahrain to sever diplomatic ties and cut transport links with Qatar pits important US allies in the Middle East against each other. The action on Monday is an attempt to isolate the Gulf state because of its alleged support of terrorism, with an apparent $US1bn ransom paid to jihadi groups for the release of a royal hunting party the final straw. Following the move, Qataris have been given two weeks to leave the four countries, while Saudis, Egyptians, Emiratis and Bahrainis have been barred from travel to or through the state.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: