Saudis Threatened To Sell European Bonds If Russian Assets Were Confiscated
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Saudis Threatened To Sell European Bonds If Russian Assets Were Confiscated

by Mac Slavo, SHTF Plan: In a fascinating geopolitical development, Bloomberg reports that Saudi Arabia privately hinted earlier this year it would sell some (or all) of its European debt holdings if the G-7 confiscated Russia’s frozen assets. As a reminder, we noted in May the European Union had approved a US-backed plan to use profits and interest generated from […]