Pak won’t send troops to join Saudi-led military alliance
Briefing the committee on last week’s back-to-back visits to Islamabad by Saudi Deputy Crown Prince Mohammad Bin Salman and Foreign Minister Adel Al-Jubeir, Aziz stressed Pakistan’s full support for the anti-terrorism alliance but said its participation would be limited to intelligence sharing, training and the provision of arms.
“The recent break in diplomatic relations between Saudi Arabia and Iran adds another complication to the already chaotic environment of Middle East geopolitics”. However, the Parliamentarians expect from the Executive Branch of the state that they must be kept in picture at each stage on all such national and global issues in the best interest of Pakistan and its people.
“This marks something of a shift from previous Iranian statements suggesting that the country was coming back to the oil markets with a vengeance and that they would not hold any barrels back, irrespective of the price consequences”, observed the RBC Capital Markets team led by Helima Croft.
Iran on its part is equally notorious for its regular executions of political opponents since the country’s 1979 revolution. Syria has been battling IS and other militants with the help of Iran and Russian Federation. Foreign Secretary Philip Hammond suggested there was little point condemning the executions, since it wouldn’t change the minds of Saudi’s rulers.
Saudi Arabia will keep the control stock and adjust the prices for its profitability.
“Forwards are moving higher on speculation that Saudi Arabia may soon have to either abandon, or at the very least loosen its currency’s peg to the dollar, as its reserves will dramatically fall if oil prices continue to slide further”, a currency trader at a major Gulf bank told Reuters.
Last October, on Channel 4 news, David Cameron repeatedly refused to answer questions on Britain’s secret security pact with Saudi Arabia (which saw both countries elected to the United Nations Human Rights Council).
Holding pictures of the clergyman, the protesters held a banner reading, “The blood of Sheikh al-Nimr will defeat the tyrants”.
“By selling a share in the company, the government expects to partially cover the budget deficit, resulting from the fall in the world oil prices”, Reuters said.