This Could Be the Golden Age of the Middle East
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If the United States buys so little oil from the Persian Gulf, why would a war in the region cause gas prices here to spike?
Specifically, Saudi Arabia's PIF (public investment fund), L'Imad, an Abu Dhabi sovereign wealth fund, and a Qatar Investment Authority fund.
The war in Iran caused gas prices to skyrocket, now high oil costs are forcing grocery store items higher too
Per WSJ, the $24 billion investment isn’t expected to trigger any kind of investigation with the Committee on Foreign Investment in the U.S. or to trigger a review by the FCC, which has its hands far too full with documenting what Joy Behar says on daytime television.
MoneyWeek on MSN
A very curious crisis is brewing in stock markets
Stock markets still seem confident that the worst will be avoided and the damage will be limited – but why, and what does it mean for investors?
The deal includes $45.7 billion in equity commitments and $54 billion in debt financing from major lenders.— This story first appears at TheDesk.net, a premium source for original news and analysis on the business of media and technology.
Ukraine wants money and technology in return for helping Middle Eastern nations that have sought its expertise as they defend against Iranian kamikaze drones, President Volodymyr Zelenskiy said, after Kyiv sent specialists to the region.