Amid all of the chaos, coups, and corruption crackdowns in Saudi Arabia, and with declarations of war being dropped like confetti, the Tadawul All-Share Index is barely lower...
We first pointed out the 'odd' appearance of a panic-buyer in Saudi stocks just two days after the chaos erupted. But it has now been a week and it seems someone is extremely keen to keep up appearances that all is well in the 'market' for Saudi stocks....
The Arab League is set to hold an emergency meeting on Iran at Saudi Arabia's request, this according to Reuters and various regional sources, at a moment when Saudi fighter jets may be mobilizing for war in an attempted show of force. Egypt-based Ahram Online also reports further that the meeting will discuss "Iranian interference" in the region at League headquarters in Cairo, and other early unconfirmed reports indicate the meeting could come as early as next Sunday.
Authored by Ted Galen Carpenter via The National Interest,
The United States and its allies continue to cajole and threaten North Korea to negotiate an agreement that would relinquish its growing nuclear and ballistic-missile programs.
In what appears to be an expertly timed exercise in fearmongering less than two weeks after the horrifying Halloween terror attack in lower Manhattan - the deadliest attack in America’s financial center since 9/11 - the Department of Homeland Security has issued a bulletin warning the public about the risk of drones being used to facilitate acts of terrorism.
It’s easy to get lost in all things Middle East, especially concerning the chaotic events that unfolded over the weekend in Lebanon and Saudi Arabia.
Three days after the most stunning purge in recent Saudi history - which was really a countercoup, that led to the arrest of dozen of Saudi Arabian royals, ministers and businessmen to further the control of the Kingdom - Saudi Arabia called Yemen’s missile launch on Riyadh an ‘act of war’ by Iran, and also played victim by saying Lebanon has declared war against the Kingdom.