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United States freezes nearly 1
[HODHODYEMENNEWS] The United States on Wednesday froze huge Saudi assets in a new escalatory step between the two allies.US media reported Biden administration’s refusal to release assets and bonds belonging to the Saudi government, amounting to $987 billion, and placed the Saudi assets under the protection of the national security and economy of the United States.billiontrillion dollars in Saudi assets as tensions between old allies rise The Biden administration’s decision came after Riyadh threatened to sell bonds and assets in the United States if the US Congress approved the No Oil Producing and Exporting Cartels Act (NOPEC)’s resolution. The new crisis is the deepest in the history of the two countries’ relations since before Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... decided to reduce oil production in an unprecedented blow to Washington. The crisis widened with the widespread circulation of media reports on the Saudi Crown Prince’s mocking of Biden. Posted by: Fred 2022-10-27 |
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