As of last Wednesday, according to Fed data, the Fed was sitting on $6.97 trillion of debt instruments it had predominantly purchased at very low fixed rates of interest…
Some Media Won’t Tell You When the Saudis Snub Biden…
Last week the Saudis publicly snubbed the Biden administration. Several outlet picked up on that…
Saudi Arabia’s Powerful Crown Prince Orders Arrests of Senior Royal Family Members…
Saudi Arabia’s powerful Crown Prince Mohammed bin Salman (MBS) has detained three senior members of the kingdom’s royal family, clearing away once-formidable rivals to the throne, people familiar with the matter have said. The Wall Street Journal and the New York Times reported that Prince Ahmed bin Abdulaziz, King Salman’s younger brother, and Prince Mohammed […]
The $13 Billion Saudi “Purge”: The Numbers Are in from Last Year’s Riyadh Ritz Arrests…
How much did Saudi crown prince MbS line his pockets state coffers with following the so-called “corruption crackdown” which involved scores of top officials and rival princes held prisoners in Riyadh’s Ritz-Carlton Hotel through and after November of last year? The official figures are in: the “purge” was a shakedown to the tune of more […]
How the U.S. and France Helped Defuse Saudi Arabia’s Dangerous Gambit with Lebanon…
The recent bizarre episode of Lebanon’s prime minister resigning while in Saudi Arabia and on Saudi TV sparked confusion around the world. But few may have realized how momentous and potentially dangerous the incident actually was. It turned out to be an impulsive power play by one of the Trump administration’s most important allies in […]
Saudi Arabia ‘Plans Official Ties with Israel,’ Leaked Document Reveals…
A Lebanese newspaper close to Hizballah says it has obtained a ‘secret’ Saudi foreign ministry document detailing a roadmap for establishing diplomatic ties with Israel, amid reports of a US-backed push for peace in the region. Al-Akhbar’s report, which is signed from London, alleges the document was sent by Saudi FM Adel al-Jubeir to the […]
Hezbollah’s Nasrallah: Saudi Arabia Inciting Israel to Attack Lebanon…
Hezbollah leader Hassan Nasrallah said in a televised speech on Friday that Saudi Arabia had declared war on Lebanon, claiming that the kingdom had incited Israel to strike Lebanon. “Saudi Arabia is inciting Israel to launch a war against Lebanon,” said Nasrallah. “I speak here about facts not analysis. Saudi Arabia is ready to pay […]
Saudi Arabia, Kuwait Urges Its Citizens to Leave Lebanon…
Saudi Arabia and Kuwait on Thursday urged its citizens to leave Lebanon “as soon as possible”, days after Lebanese prime minister Saad Hariri announced his resignation while visiting the kingdom. The announcement was followed on Thursday by a Bahraini order that told its citizens to leave Lebanon earlier in the week. “Due to the situation […]
Tectonic Shifts – The Saudi Alliance Strategy Continues…
If you haven’t followed the entirety of how the “Freedom Alliance” was assembled in the very early months shortly after the election of President Donald Trump, it’s hard to understand the scope of what is taking place in the middle-east. The nations of the Gulf Cooperation Council (GCC), led by Saudi Arabia, are on the […]