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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 (might need AFR login access, or try:


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