Investors Troubled by Saudi Shocks – Bloomberg

Investors stunned by Saudi Arabia’s unpredictable foreign policy under Crown Prince Mohammed bin Salman are unlikely to drop their guard even if the kingdom succumbs to U.S. pressure to resolve its conflict with neighboring Qatar and end the war the Yemen.

While both issues shocked the investor community when they first erupted, they have since been eclipsed by aggressive policies at home and abroad. Last month, investors put the prince’s tactics under the spotlight after the killing of Saudi critic Jamal Khashoggi at the consulate in Istanbul caused an international uproar, sending the kingdom’s credit risk rising by the most in the world.

via Mending Qatar Ties Won’t Calm Investors Troubled by Saudi Shocks – Bloomberg

Author: marypmadigan

Sci-fi writer, comic artist. Is quantumpunk a thing yet? If not, you heard it first here.

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