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Arabia
Al-Walid Bin Talal: Saudis Will Withdraw Investment From US
2002-12-01
Source: Saudi Arabia
The Saudi Prince al-Walid Bin Talal has warned that certain Saudi investors might withdraw their assets from the USA because of the media campaign which targets the Kingdom and talks on its ill cooperation with Washington in the war against terrorism. In a statement to the British daily Times, the Saudi billionaire said that American-Saudi relations are passing "a critical phase," stressing that these relations are strong but the American are making "mistakes."
And the Soddies don't realize they're making any...
Al-Walid considered that the only dispute between Saudi Arabia and the US relates to what is taking place regarding the Palestinians.
There was something having to do with financing international terrorism and trying to subvert the entire Western world, too, but they don't think that part's very important...
The comments of Prince al-Walid came after he had denied a report issued in August on that the Saudis are disposing their American investments because of fears. He then said that he sees evidence on the flow of Saudi investments out of the USA in retaliation to a campaign against Saudi Arabia. The Saudi prince added that the reports which talked about donations by Princess Haifa al-Faisal, the wife of the Saudi Ambassador in Washington Prince Bander Bin Sultan to al-Qaida organization being meant to harm the relations between Riyadh and Washington, stressing that the two countries should reconsider their relations in light of these developments.
Hmmm... Isn't that what certain interested parties in this country, as in the Senate, have been saying, too? Betcha bin-Talal doesn't mean it the same way...
Posted by:Fred Pruitt

#4  Don't worry, Bandar baby. We're keepin' a list. We won't forget.

The Chinese have a phrase: Agonizing Reappraisal.
Posted by: mojo   2002-12-02 10:18:19  

#3  British property, according to Insider Notes on UPI.

Noted on airstripone two days ago.
Posted by: Philip Chaston   2002-12-02 06:17:49  

#2  Jihad Co. took a tumble today...
Posted by: Brian   2002-12-02 00:10:09  

#1  I'm pretty sure this is more Saudi bluster. Where would they put the money, in European stocks? please.
Posted by: Raj   2002-12-01 23:25:49  

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