Monday, August 08, 2005

Saudis to bring home $360 billion

http://interestalert.com/brand/siteia.shtml?Story=st/sn/08070000aaa02f00.upi&Sys=rmmiller&Fid=WORLDNEW&Type=News&Filter=World%20News

From UPI:

Saudis to retrieve $360 billion abroad.

August 7 2005: Saudi Arabia has announced it is aiming to bring back to the kingdom a total of $360 billion invested abroad in the last 18 months.

Foreign Minister Prince Saud al-Faisal told reporters the government was working on returning these "national assets" back to the oil-rich Arab country and to attract foreign investments in Saudi Arabia.

http://www.whatreallyhappened.com/

From WRH:

According to THIS DOCUMENT, 60% of Saudi investment is in the US. If they pull the money across the board, then the portion slated to be pulled out of the US is $216 billion.
I note that the Saudi Government announced this right after the US delegation left. I wonder what the US delegation said that pissed the King off.

~~

0 Comments:

Post a Comment

<< Home