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Saudi threatens to retaliate against any sanctions over Khashoggi disappearance

JANFU

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https://www.reuters.com/article/us-...ns-over-khashoggi-disappearance-idUSKCN1MO0F1

DUBAI (Reuters) - Saudi Arabia rejected threats to punish it over the disappearance of journalist Jamal Khashoggi in Istanbul, saying the kingdom would retaliate against any sanctions with tougher measures, the official state news agency said on Sunday

“The Kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures, or repeating false accusations...” the official Saudi Press Agency quoted an unnamed government source as saying.

“The Kingdom also affirms that if it receives any action, it will respond with greater action, and that the Kingdom’s economy has an influential and vital role in the global economy...” the source added without elaborating.

Canada has seen how MBS retaliates
This will not end well

Now consider how MBS under his father cemented power. Bypassing the norms for who was next in line for Crown Prince.

If this gets nasty, MBS may end up being replaced. Rumor has it many in the Royal Family were not pleased with how MBS came to power.

MBS has shut down any and all dissent, even message boards are towing the line.
Many in the West got sucked into the MBS message that he is a reformer, when it comes to dissent, he is not. He is ruling with an iron fist

Now what would retaliation entail? Decreasing oil exports to specific countries or overall reduction of exports, cuts both ways- loss of revenue for Saudi, increases cost of oil & that would hit markets hard.

Here'''s Who Saudi Crown Prince MBS Purged to Win Power | Time

Family comes first—even in purges.The Al Saud family, the namesake of the country, spans 6 family tree branches and approximately 15,000 royals; all told, the House of Saud is believed to be worth upwards of $1 trillion. And while the 32-year old crown prince has been heralded across Western media as an ambitious and reform-minded upstart, not everyone in the royal family shares that view, particularly its more conservative members. Hence, at least 11 princes were rounded up over the weekend, many of them among the kingdom’s most powerful royals.

It’s entirely possible that the ministers controlling key parts of the Saudi economy were arrested less because they posed a direct threat to MBS and more because they disagreed about the direction of economic reforms. There’s no question that the arrests of Admiral Abdullah bin Sultan bin Mohammed al Sultan, commander of the Kingdom’s naval forces, and Prince Mitaab bin Abdullah, Minister of the National Guard, were intended to ensure a monopoly of power for MBS.
 
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https://www.reuters.com/article/us-...ns-over-khashoggi-disappearance-idUSKCN1MO0F1



Canada has seen how MBS retaliates
This will not end well

Now consider how MBS under his father cemented power. Bypassing the norms for who was next in line for Crown Prince.

If this gets nasty, MBS may end up being replaced. Rumor has it many in the Royal Family were not pleased with how MBS came to power.

MBS has shut down any and all dissent, even message boards are towing the line.
Many in the West got sucked into the MBS message that he is a reformer, when it comes to dissent, he is not. He is ruling with an iron fist

Now what would retaliation entail? Decreasing oil exports to specific countries or overall reduction of exports, cuts both ways- loss of revenue for Saudi, increases cost of oil & that would hit markets hard.

Here'''s Who Saudi Crown Prince MBS Purged to Win Power | Time

A reduction in oil output of 2-4 million barrels a day would send the price skyrocketing. World can't replace that shortfall. Probably cause a worldwide recession. Is that what you are calling for in the hopes that the current administration leads us into a recession and is deposed in 2020?
 
A reduction in oil output of 2-4 million barrels a day would send the price skyrocketing. World can't replace that shortfall. Probably cause a worldwide recession. Is that what you are calling for in the hopes that the current administration leads us into a recession and is deposed in 2020?

Where do you dig this crap up?
 
Where do you dig this crap up?

Where would the shortfall come from. Try to use common sense rather than partisan rhetoric.
 
A reduction in oil output of 2-4 million barrels a day would send the price skyrocketing. World can't replace that shortfall. Probably cause a worldwide recession. Is that what you are calling for in the hopes that the current administration leads us into a recession and is deposed in 2020?

The world can replace that shortfall very easily, however it would come from 3 sources, russia iran and venezuala, and beurocrats do not want what they consider enemies becoming richer.
 
.. Rumor has it many in the Royal Family were not pleased with how MBS came to power. ...


Has it ever occurred to you that those "not pleased" had one of their own citizen killed in order to blame it on the other side?

Are we seeing the "muh Russia" story now changing to "muh Saudi Arabia"?!?
 
Has it ever occurred to you that those "not pleased" had one of their own citizen killed in order to blame it on the other side?

Are we seeing the "muh Russia" story now changing to "muh Saudi Arabia"?!?

Can't ever have enough blame Trump threads in the forum.
 
“Saudi Arabia, I get along with all of them. They buy apartments from me. They spend $40 million, $50 million,” -- D. Trump
 
This is a prime opportunity to divest ourselves from Saudi Arabia and diminish OPEC's influence once and for all. I hope Trump puts his money where his mouth is and punches them in the face.
 
The world can replace that shortfall very easily, however it would come from 3 sources, russia iran and venezuala, and beurocrats do not want what they consider enemies becoming richer.

So you would punish Saudi for this one horrible act and reward the nations mentioned? How twisted is that.
 
Where would the shortfall come from. Try to use common sense rather than partisan rhetoric.

Oh I have CS, this is your quote - And where do you get this idea I hope for a recession- beyond ludicrous.

A reduction in oil output of 2-4 million barrels a day would send the price skyrocketing. World can't replace that shortfall. Probably cause a worldwide recession. Is that what you are calling for in the hopes that the current administration leads us into a recession and is deposed in 2020?
 
So you would punish Saudi for this one horrible act and reward the nations mentioned? How twisted is that.

Fun fact: Canada is our single biggest source of oil and Trump called them a national security threat.
 
A reduction in oil output of 2-4 million barrels a day would send the price skyrocketing. World can't replace that shortfall. Probably cause a worldwide recession. Is that what you are calling for in the hopes that the current administration leads us into a recession and is deposed in 2020?

Do you know the meaning of "depose"?
 
So you would punish Saudi for this one horrible act and reward the nations mentioned? How twisted is that.

It is the reality though, saudi is not in control of the oil industry, however america does not want those 3 nations to gain any edge or profit from a saudi cutback.
 
The world can replace that shortfall very easily, however it would come from 3 sources, russia iran and venezuala, and beurocrats do not want what they consider enemies becoming richer.

Venezuelan oil production has been run into the ground
 
This article explains what is at stake and why prudence is the wise course: https://www.nationalreview.com/2018/10/prudence-is-the-right-response-to-the-khashoggi-affair/

Not mentioned anywhere in that article: Trump's business and financial ties to Saudi Arabia.

In 1991, as Trump was teetering on personal bankruptcy and scrambling to raise cash, he sold his 282-foot Trump yacht “Princess” to Saudi billionaire Prince Alwaleed bin-Talal for $20 million, a third less than what he reportedly paid for it.

Four years later, the prince came to his rescue again, joining other investors in a $325 million deal for Trump’s money-losing Plaza Hotel.

In 2001, Trump sold the entire 45th floor of the Trump World Tower across from the United Nations in New York for $12 million, the biggest purchase in that building to that point, according to the brokerage site Streeteasy. The buyer: The Kingdom of Saudi Arabia.

Shortly after he announced his run for president, Trump began laying the groundwork for possible new business in the kingdom. He registered eight companies with names tied to the country, such as “THC Jeddah Hotel Advisor LLC” and “DT Jeddah Technical Services,” according to a 2016 financial disclosure report to the federal government. Jeddah is a major city in the country.

“Saudi Arabia, I get along with all of them. They buy apartments from me. They spend $40 million, $50 million,” Trump told a crowd at an Alabama rally on Aug. 21, 2015, the same day he created four of the entities. “Am I supposed to dislike them? I like them very much.”

https://www.washingtonpost.com/busi...ory.html?noredirect=on&utm_term=.6cd6bff83bc8
 
Can't ever have enough blame Trump threads in the forum.

This is not a blame Trump thread- anyone can see that- but yet again you devolve to it must be a blame Trump thread. That denotes limited thinking, and limited to just Party lines, and not seeing how a 1 Mil per day cut in oil would impact markets
 
I predict that the anti-tards will start calling the Saudis our best friends, expressing adoration for them, if President Trump pisses them off.
 
This is a prime opportunity to divest ourselves from Saudi Arabia and diminish OPEC's influence once and for all. I hope Trump puts his money where his mouth is and punches them in the face.

Their oil production is key to the world economy- no getting away from that.
 
It has but they can still produce quite a bit

True, they owe a ton of money and have not paid their bills. Court orders have confiscated Venezuelan oil exports recently.
Also have pledged oil exports to China for previous loans
Russia and IIRC China have purchased many of their oil fields & infrastructure
 
I predict that the anti-tards will start calling the Saudis our best friends, expressing adoration for them, if President Trump pisses them off.

Precisely... There is no place for this thread to go other than to assign blame to Trump for possible punishing sanctions.
 
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