Harvard University and the University of Pennsylvania received $19,772,237 in donations from Qatari and Saudi entities over the past two years, including from both nation’s governments, according to data collected by the Department of Education. Under federal law, colleges and universities that receive donations from foreign sources that total at least $250,000 must disclose such […]
Tag: saudi arabia
Gas price time bomb set to go off soon
Saudi Arabia announced earlier this week that it will further reduce its oil production in a unilateral attempt to rise the price of crude, which two previous cuts agreed by major producing countries in the OPEC+ alliance couldn’t prop up. The cuts, equal to 1 million barrels per day starting in July, are likely to […]
Gas prices rising as Saudi Arabia cuts drilling
Oil prices have risen after Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July. Other members of Opec+, a group of oil-producing countries, also agreed to continued cuts in production in an attempt to shore up flagging prices. Opec+ accounts for around 40% of the world’s crude oil […]
Biden gives Saudi leader immunity over Khashoggi killing
The US has determined that Saudi Arabia’s de facto leader – Crown Prince Mohammed bin Salman – has immunity from a lawsuit filed by murdered journalist Jamal Khashoggi’s fiancé. Mr Khashoggi, a prominent Saudi critic, was murdered at the Saudi consulate in Istanbul in October 2018. US intelligence has said it believes Prince Mohammed ordered […]
Biden asked Opec to postpone oil cuts to Nov.
Saudi Arabia said Thursday that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay could have helped reduce the risk of a spike in gas prices ahead of the U.S. midterm elections next month. A […]
Biden warns Saudi’s “there will be consequences”
President Biden warned Tuesday that Saudi Arabia would face “consequences” after OPEC+ last week announced the biggest cut in oil production since the start of the coronavirus pandemic. Senior Democrats on Capitol Hill have condemned the decision by Saudi Arabia, the de facto leader of the oil-producing alliance, to reduce the global supply of petroleum. […]
Biden’s fist bump with crown prince worse than a handshake
It was a striking photograph. The US president and the man he’d called a pariah, bumping fists in the gilded splendour of Jeddah’s royal palace. Saudi Arabia was always going to be the controversial stop on Joe Biden’s first trip to the Middle East as US president. Just four weeks earlier, Mr Biden had said […]
Biden set to meet Saudi Crown Prince amid criticism
US President Joe Biden will meet Palestinian leaders in the occupied West Bank on Friday before he flies to a controversial summit in Saudi Arabia. His meeting with Palestinian President Mahmoud Abbas is likely to be strained, analysts say, after ties hit a low under the Trump administration. Later, Mr Biden will travel to Saudi […]
Biden Begs for Oil in Saudi Arabia This Week
American Petroleum Institute (API) CEO Mike Sommers is urging Joe Biden to reconsider his energy policy ahead of the president’s visit to the oil-rich Middle East, arguing the administration should focus on expanding domestic energy sources instead of turning to foreign production. “While we appreciate the opportunity to open increased dialogue with the White House, […]
Saudi Crown Prince Put Hit On Journalist That Was Murdered
Saudi Crown Prince Mohammed bin Salman approved the 2018 killing of U.S.-based journalist and Saudi critic Jamal Khashoggi at the Saudi Consulate in Istanbul, according to a declassified report released by the Biden administration on Friday. The report, released by the Office of the Director of National Intelligence (ODNI), said the crown prince, the kingdom’s […]
Trump Sells Qatar $12B In Weapons Day After Saying They Sponsor Terrorism
Qatar is currently isolated within the region by neighbours which accuse it of sponsoring terrorism The US has sold Qatar $12bn (£9.4bn)-worth of fighter jets just days after President Donald Trump accused the country of being a “high-level” sponsor of terrorism. The deal was signed off by the US Defence Ministry and reportedly included 36 F-15 combat aircraft. […]
Trump Signs $110B Arms Deals With Saudi Arabia
President Trump signed a multi-billion-dollar arms and economic deal with Saudi Arabia Saturday in a move intended to strengthen the U.S.-Saudi Arabian alliance against ISIS on the president’s first foreign trip. The agreement is worth $110 billion effective immediately and $350 billion over 10 years, in an effort to equip Saudi Arabia and Persian Gulf […]