saudi arabia – Gloomberg News

U.S. moves to shield Saudi crown prince in journalist killing

18Nov

By Gloomberg NewsNo Comments

Politics

U.S. moves to shield Saudi crown prince in journalist killing

The Biden administration declared Thursday that Saudi Arabia's crown prince should be considered immune from a lawsuit over his role in the killing of a U.S.-based journalist, a turnaround from Joe Biden's passionate campaign trail denunciations of Prince Mohammed bin Salman over the brutal slaying. Saudi Crown Prince Mohammed bin Salman attends the Future Investment Initiative (FII) conference in the Saudi capital Riyadh on October 23, 2018. FAYEZ NURELDINE/AFP via Getty Images The administration said the senior position of the crown prince, Saudi Arabia's de facto ruler and recently named prime minister as well, should shield him against a suit brought by the fiancée of slai...

“Huge betrayal” if Biden meets Saudi Crown Prince Mohammed bin Salman, says slain reporter Jamal Khashoggi’s fiancée

17Jul

By Gloomberg NewsNo Comments

Politics

“Huge betrayal” if Biden meets Saudi Crown Prince Mohammed bin Salman, says slain reporter Jamal Khashoggi’s fiancée

Istanbul — Hatice Cengiz, who was the fiancée of journalist Jamal Khashoggi when he was brutally murdered inside the Saudi Arabian consulate in Turkey in 2018, has told CBS News that she's "disappointed" with President Biden's decision to visit Saudi Arabia and meet the kingdom's Crown Prince Mohammed bin Salman. She said the American president sitting down with the man widely accused of orchestrating the gruesome killing of her betrothed would be "a huge betrayal."Khashoggi, a Saudi national who wrote for The Washington Post, went to the consulate in Istanbul to obtain documents to marry Cengiz on October 2, 2018. He was murdered soon after he entered the building. Saudi Arabia's public prosecutor's office said his body was dismembered and has never been found.A U.S. intelligence ...

18May

By Gloomberg NewsNo Comments

Gaming

Saudi Arabia’s Public Investment Fund Now Owns 5% Of Nintendo

Image: NintendoSaudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.The news was announced in a filing made with Japan’s Finance Ministry, Bloomberg reports. It follows similar investments made last year in Capcom, EA, Take-Two and Activision, along with almost complete ownership of SNK. Bloomberg says this would make the Public Investment Fund the company’s “fifth-largest shareholder”. If this is the first time you’ve encountered this kind of money, know that the PIF fucking sucks, as does the man running it, Saudi Crown Prince Mohammed bin Salman. As Ian wrote just last month:Saudi Arabia spent the last year throwing money around the video gam...

Phil Mickelson won’t defend his title at the PGA Championship

14May

By Gloomberg NewsNo Comments

Entertainment

Phil Mickelson won’t defend his title at the PGA Championship

Phil Mickelson withdrew Friday from the PGA Championship, electing to extend his hiatus from golf following incendiary comments he made about a Saudi-funded rival league he supports and the PGA Tour he accused of greed.Mickelson authored one of the most stunning victories last year when he won the PGA at Kiawah Island, at age 50 becoming the oldest champion in 161 years of the majors.Now, the popular phrase from a decade ago — "What will Phil do next?" — carries more intrigue than sheer excitement. The PGA of America announced his decision on social media. The PGA Championship starts Thursday at Southern Hills Country Club in Tulsa, Oklahoma.Mickelson has not played since Feb. 6 at the Saudi International, where he accused the PGA Tour of "obnoxious gr...