Home 2021 Saudi Arabia, as a Nation Dismisses Mr. Biden’s Intel as ‘Fake’

Saudi Arabia, as a Nation Dismisses Mr. Biden’s Intel as ‘Fake’

by Paul Ebeling

#SaudiArabia #Biden #intel


Mr. Biden’s administration will soon realize that the complex issues of the region will not find a solution, except through a new and exceptional agreement with its partners in the region that holds Iran accountable.

Saudi Arabia, 1 of America’s closest Arab allies officially dismissed what it called the “negative, false and unacceptable assessment in the report pertaining to the Kingdom’s leadership,” according to a statement from the Ministry of Foreign Affairs.

The ministry added that those responsible for the “heinous crime” had been tried in Saudi courts and that “justice was served.”

Riyadh has denied any involvement by the Crown Prince, aka MbS.

Commentators close to the government took to social media to defend the Crown Prince, King Salman’s son and de facto ruler of the Kingdom.

Ali Shihabi, former head of the Arabia Foundation in Washington said there was nothing in the report that had not been said before and “absolutely no smoking gun.”

Extraordinary that all this hype is made about this document… This thin ‘report’ is actually evidence that no hard proof exists against MBS [on the death of Mr. Jamal Khashoggi],” Mr. Shihabi Tweeted.

Friday, the benchmark US stock market indexes finished mixed on end of the month realignment at: DJIA -469.64 to 30932.37, NAS Comp +72.91 at 13192.37, S&P 500 -18.19 to 3811.15

Volume: Trade on the NYSE came in at: 1.7-B/shares exchanged

HeffX-LTN’s overall technical outlook on the major US stock market indexes is Bullish at the wk and month ending 26 February 2021.

  • Russell 2000 +11.5% YTD
  • NAS Comp +2.4% YTD
  • S&P 500 +1.5% YTD
  • DJIA +1.1% YTD

Looking Ahead: Investors will receive ISM Manufacturing Index for February, Construction Spending for January, and the final IHS Markit Manufacturing PMI for February Monday.

Have a healthy weekend, Keep the Faith!

You may also like


Your Trusted Source for Capital Markets & Related News

© 2023 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.