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Saudi Arabia Threatens to Sell $750 Billion in US Assets If 9/11 Bill Passes

posted by takyon on Sunday April 17 2016, @12:35AM   Printer-friendly
from the idle-threat dept.

JNCF writes:

The New York Times reports (and Yahoo! News repeats without any paywall) that the government of Saudi Arabia is threatening to sell $750 billion in treasury securities and other unidentified assets if Congress passes the Justice Against Sponsors of Terrorism Act. The bill would allow foreign governments to be sued by 9/11 victims and their families. The threat was issued by Saudi Arabian foreign minister Adel al-Jubeir to unnamed US lawmakers while he was visiting Washington sometime last month, on the grounds that these assets could be in danger of being frozen by US courts.

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  • (Score: 2) by c0lo on Sunday April 17 2016, @02:12AM

    by c0lo (156) Subscriber Badge on Sunday April 17 2016, @02:12AM (#333052) Journal

    I assumed it would be China who eventually grabbed North America's balls, squeezed hard, and said "Bend over."

    Oh, but they started [examiner.com] to do it [telegraph.co.uk].

    It may be the reason for the oil super-production and low prices - an attemp to drive a lot of small players' economy into the ground before getting away from the UDS.

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