Qatar

Authored by Gareth Porter via TheAmericanConservative.com,

Three-term Congresswoman Tulsi Gabbard of Hawaii, a member of both the Armed Services and Foreign Affairs committees, has proposed legislation that would prohibit any U.S. assistance to terrorist organizations in Syria as well as to any organization working directly with them. Equally important, it would prohibit U.S. military sales and other forms of military cooperation with other countries that provide arms or financing to those terrorists and their collaborators.

One day after Saudi Arabia and its Gulf ally states finally released a long-awaited, 10-day ultimatum containing 13 demands from Qatar as a precondition for the resumption of diplomatic ties and an end of Qatar's economic and naval blockade, the small Gulf nation balked and said the ultimatum is neither "reasonable" nor "realistic", and infringes on its sovereignty and foreign policy. 

By ZeroPointNow, originally published at iBankCoin

Two days after a confused US State Department formally inquired about what is going on between Arab States and Qatar, the countries of Egypt, Saudi Arabia, Baahrain, and the UAE sent a list of 13 demands to the tiny Gulf nation to be met within 10 days in order to lift their total blockade of the country.

Content originally published at iBankCoin.com

Since we first highlighted the cash-crunch in Qatar over a week ago, the situation has got notably worse (as liquidity costs rise further, signalling Qatar's financial system is running out of dollars).

The good news for Qatar - the world's wealthiest nation on a GDP/capita basis - is that it has enough financial firepower to withstand a prolonged financial siege, and defend its currency and economy, Finance Minister Ali Shareef Al Emadi told CNBC in an interview broadcast last Monday.