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Simply huge news – A3 damn man you are on top things / sorry my Houston Brethern are on @astros breakdown
I’ve always have plenty of news sources open at once
even when playing poker (unless I playing 4+ tables) I have a pulse on the newsits difficult at times to wonder what story is the biggest at the moment
as we live in a time where its seems everything is news, and everything is happeningbut this crackdown in Saudi Arabia was YUUUUGE
Saudi Prince Mansour bin Muqrin and a number of government officials were killed Sunday in a helicopter crash some 70 miles from the kingdom’s southern border with war-torn Yemen, Saudi officials and state television said.
The helicopter went down while the group was touring an area near the coast in Asir province, of which Prince Mansour is governor, according to a statement from the interior ministry’s security spokesman. The cause of the crash wasn’t immediately known.
Prince Mansour is the son of prince Muqrin bin Abdulaziz, who resigned from his position as Saudi Arabia’s crown prince in April 2015 to make room for King Salman’s son Mohammed bin Salman.
Oil Hits 2 year highs after Saudi Purge
Brent futures LCO up over half a percent at $62.51 a barrel.
U.S. crude CL added half a percent to $55.94.
[b]
Stocks down in fear of Mideast money pull out[/b]Shares in French hotel group Accor (ACCP.PA) -1.7 percent at open on CAC 40 after its third biggest shareholder Prince Alwaleed bin Talal was one of arrested in the Saudi Arabian crackdown.
Prince Alwaleed is a nephew of the king and owner of investment firm Kingdom Holding 4280.SE, invests in firms such as Citigroup (C) and Twitter (TWTR)
Risk backlash against Prince Mohammed bin Salman from these elites that undermines his authority and raises the Saudi risk premium.
Prince Alwaleed and owner of investment firm Kingdom Holding Co 4280.SE holdings
The following is a list of entities in which s either through personal investment or via Kingdom Holding:
Financial Services
– Banque Saudi Fransi 1050.SE: 16.19 percent
– Citigroup $C *ownership percentage not knownTechnology
– Consumer and retail[ul]
– Apple Inc $APPL 5 percent
– Careem
– Lyft
– Motorola Solutions Inc $MSI
– Twitter Inc $TWTR 4.9 percentRetail
– EBay Inc $EBAY
– Fashion Village Trading Company
– Jingdong (JD.com): 2.2 percent
– Saks Incorporated
– Savola Group Company 2050.SEPublishing
– Time Warner Inc $TWX
– Twenty-First Century Fox Inc $FOXA 4.98 percent* News Corp $NWSA: Prince Alwaleed previously held a small stake, according to government filings. A News Corp spokesman said the company was unaware of any current holdings
Entertainment
– Euro DisneyPetrochemicals
– National Industrialisation Company 2060.SE: 6.23 percentAviation
– Parent company of Flynas: 34.08 percentEducation
– Kingdom SchoolsHealthcare
– Medical Services Projects CompanyPrivate equity
– Kingdom Africa ManagementHotel Real Estate
– Four Seasons, George V Hotel, Paris
– The Plaza, New York
– Savoy Hotel, London
[b]
Hotel Management Companies[/b]
– Fairmont Raffles Holding International
– Four Seasons Hotels and Resorts
– IFA Hotels and Resorts Co (IFAH.KW)
– Kingdom Hotel InvestmentsSource Reuters
What happens to these holdings to they get gobbled up by the rest of the Royal Family, left a lone pending trial or dumped on the market?
[quote=”Assistanc3″ post=2977]Saudi Prince Mansour bin Muqrin and a number of government officials were killed Sunday in a helicopter crash some 70 miles from the kingdom’s southern border with war-torn Yemen, Saudi officials and state television said.
The helicopter went down while the group was touring an area near the coast in Asir province, of which Prince Mansour is governor, according to a statement from the interior ministry’s security spokesman. The cause of the crash wasn’t immediately known.
Prince Mansour is the son of prince Muqrin bin Abdulaziz, who resigned from his position as Saudi Arabia’s crown prince in April 2015 to make room for King Salman’s son Mohammed bin Salman.[/quote]
[tweet]927271889835384832[/tweet]
Second Prince dead in Purge
Following the death of Prince Mansour bin-Muqrin in a helicopter crash yesterday, the Saudi Royal Court has confirmed the death of Prince Abdul Aziz bin Fahd – killed during a firefight as authorities attempted to arrest him.
[b]Saudi Prince Abdul Aziz bin Fahd, a business partner of former Lebanese PM Hariri, dies during arrest
[/b]Former FBI special agent Ali H. Soufan has confirmed that Prince Abdul Aziz bin Fahd has been killed during an attempt by the authorities to arrest him as part of Crown Prince Muhammad bin Salman’s great purge of the Saudi elites. He died when his security contingent got into a firefight with regime gunmen attempting to make an arrest.
[tweet]927271889835384832[/tweet]
Prince Abdul Aziz was deeply involved in Saudi Oger Ltd, a company which until it ceased operations in the summer of this year, was owned by the Hariri family. Former Lebanese Prime Minister Saad Hariri was punitively in charge of the company until it ceased operations.
Prince Abdul Aziz’s strange and sudden death which is said to have occurred during an attempted arrest, sheds light on the theory that the clearly forced resignation of former Lebanese Prime Minister Saad Hariri had more to do with internal Saudi affairs than the Saudi attempt to bring instability to Lebanon.
@realDonaldTrump
I have great confidence in King Salman and the Crown Prince of Saudi Arabia, they know exactly what they are doing….
6:03 PM – 6 Nov 2017He wants that Aramco listing – I wonder how many ex Citibank/government people are worried now with Waleed locked up? Thinking of Rubin here.
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