Canadian Dollar Whipsawed as Spat With Saudi Arabia Intensifies
08 August, 2018, 22:08 | Author: Rachel Logan
This comes as Saudi Arabia sells Canadian assets as the kingdom increases its response to Ottawa's criticism of the arrest of a female activist.
She had wrote on Twitter that she was "very alarmed" over the arrests of the activists in Saudi Arabia, and on Friday, Canada's foreign ministry called for their "immediate release".
The statement said Russian Federation rejected the "authoritative tone" of Canada toward Saudi Arabia, adding that the Kingdom had the full sovereign right to manage its own affairs.
Saudi Arabia executed and "crucified" a man from Myanmar as punishment for murdering a woman and other crimes, the country's state-run media announced Wednesday. "We have always said that the politicization of human rights matters is unacceptable", Russian Foreign Ministry spokeswoman Maria Zakharova said in a statement posted on the ministry's website.
Saudi Arabia is now coordinating for the transfer of all Saudi patients from Canadian hospitals to other facilities outside of the country, according to a report from the Saudi Press Agency.
The Financial Times recently reported that the Saudi central bank and state pension funds had instructed their overseas asset managers to dispose of their Canadian equities, bonds and cash holdings "no matter the cost". "A mistake has been made and a mistake should be corrected", the Saudi minister said.
Crown Prince Mohammed bin Salman recently went on a global tour touting proposed economic reforms and promoting his vision for the kingdom as "the next Europe".
The kingdom has also expelled Canada's ambassador Dennis Horak, giving him 24 hours to leave the country over the intensifying diplomatic row.
The diplomatic spat between Canada and Saudi Arabia that erupted over the weekend has left many wondering what exactly is going on. Saudi state airline Saudi said it was suspending flights to and from Toronto. Saudi students studying in Canada now have the opportunity to transfer to 18 different countries to continue their studies "without being affected", Saudi Arabia's Deputy Minister of Education for Scholarship, General Supervisor of Cultural Attachés Jasser Al-Harbash told Al Arabiya English on Tuesday.
Police later charged Huiyue Zheng , 32 of Brooklyn, with assault, menacing, criminal possession of a weapon and harrassment. Things got physical when employees blocked the women from leaving the store while waiting for police to arrive.
Why does his tweet matter? Another of Mr Trump's tweets over the weekend appears to have stirred trouble at... Trump that that ruling only says you can't be prosecuted while in office", Rubin explained.
In response to the earlier reports of the move, Chinese Foreign Ministry spokesman Geng Shuang decried the tactics as "extortion". President Trump wants to reduce this deficit and has planned to implement tariffs against certain Chinese imports.
Within hours, White House economic adviser Larry Kudlow promised Trump wouldn't back down until China changed its trade practices. The full lists of products being considered for 5%, 10%, 20% and 25% retaliatory tariffs can be found here (in Chinese).
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He broke the budding 21-run partnership between him and Dawid Malan (20) as Rahul held another excellent, low catch at leg slip. Following scans on Thursday, England have confirmed Jos Buttler did not suffer a fractured finger in the morning session.
The loan was actually income disguised to lower Manafort's taxes, he said, and then forgiven to help Manafort get a loan. Gates also provided the first witness testimony that overlaps with Trump's presidential campaign.
Republicans have been hesitant to request those records, however, and have accused Democrats of engaging in stalling tactics. Taylor Foy, a spokesman for Grassley, said the senator still expects the hearing to take place in September.
Authorities said concerns about the dam's failure will continue to be a threat until the water levels can safely be lowered. The original surface area of the lake was reported to be 44 acres and has been reduced to 19 acres due to sedimentation.
China's surplus with the U.S. shrank marginally to $28.09 billion last month from a record $28.97 billion. A spokesman for the commerce ministry described the latest round of USA tariffs as "very unreasonable".
After throwing insults at both men, Trump also mentioned that he likes "Mike", which is nearly certainly a reference to Jordan. The school was designed for marginalized children who will attend free of tuition and expenses.
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