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Biden admin officials considering trying to discourage American companies from expanding business ties with Saudi Arabia
NBC News / Comcast ^ | October 18, 2022 | By Carol E. Lee and Courtney Kube

Posted on 10/18/2022 8:36:52 AM PDT by Oldeconomybuyer

WASHINGTON — Biden administration officials are considering trying to discourage American companies from expanding business ties with Saudi Arabia as part of a U.S. response to a recent Saudi-led push by oil-producing countries to cut global production, said three current and former U.S. officials familiar with the discussions.

The administration also will not send any U.S. official to Saudi Arabia’s annual Future Investment Initiative conference in Riyadh next week, officials said.

The thinking behind a move to pull back American business investment in Saudi Arabia is that it could influence the kingdom without directly affecting U.S. security in the region, but it also would come with a risk that U.S. businesses won’t listen.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: election2022; energy; oil; saudiarabia
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“Don’t underestimate Joe’s ability to f**k things up.” - Hussein Obama
1 posted on 10/18/2022 8:36:52 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Now that the US deep state is turning on Saudi Arabia - maybe we’ll finally find out exactly how 9/11 was organized and exactly who in Saudi (and USA) leadership was involved.


2 posted on 10/18/2022 8:41:31 AM PDT by PGR88
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To: Oldeconomybuyer

Hmm - Joe’s handler’s must ask each day -

What can we do to make the economy worse?


3 posted on 10/18/2022 8:42:06 AM PDT by RushingWater (Thank God for no more mean tweets, it's worth 20% inflation. )
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To: RushingWater

And

“What can we do to ruin this country more quickly?


4 posted on 10/18/2022 8:43:29 AM PDT by MarMema (No bugs for consumption)
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To: MarMema

Quid. Pro. Quo.

High crimes and misdemeanors.


5 posted on 10/18/2022 8:45:01 AM PDT by quikstrike98
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To: Oldeconomybuyer

biden admin? Does buyme know?


6 posted on 10/18/2022 8:49:42 AM PDT by Leep (Hillary will NEVER be president! 😁)
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To: Oldeconomybuyer

For a long time, the Arabs considered Saudi Arabia the US patsy. They basically did what US told them.
But Joe decided to change that!


7 posted on 10/18/2022 8:49:43 AM PDT by AZJeep
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To: quikstrike98

Congress impeached PDJT for less...2023 Impeach Brandon!!!


8 posted on 10/18/2022 8:52:15 AM PDT by jpp113
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To: Oldeconomybuyer

This will turn out to be a colossal F#@% up!


9 posted on 10/18/2022 8:55:07 AM PDT by shotgun
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To: Oldeconomybuyer

why... because they dint help you tamper wi the election???


10 posted on 10/18/2022 8:55:13 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Oldeconomybuyer

If you don’t want American co’s to have strong business ties with Saudi Arabia, then drill baby drill.


11 posted on 10/18/2022 8:55:33 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer

Biden has already turned the Saudis against us, so now he decides to make it worse.


12 posted on 10/18/2022 8:55:52 AM PDT by drierice
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To: quikstrike98

It’s “pay to play” for the Biden admin.


13 posted on 10/18/2022 8:56:17 AM PDT by imabadboy99
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To: quikstrike98

If the prosecutor’s not fired, you’re not getting the money. ‘Well, son of a bitch, he got fired.


14 posted on 10/18/2022 8:57:41 AM PDT by imabadboy99
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Comment #15 Removed by Moderator

To: Oldeconomybuyer

Poor Joeblowhard, he got his feelings hurt because the Saudis wouldn’t let him have more oil.

Is this the grant retaliation he threatened — asking companies to not do business with the Saudis? It doesn’t seem that ‘brandon’ has that much bully-pulpit capital.


16 posted on 10/18/2022 9:03:13 AM PDT by TomGuy
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To: drierice
Biden has already turned the Saudis against us, so now he decides to make it worse.

More production cuts coming in 3..2..1

17 posted on 10/18/2022 9:03:55 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Oldeconomybuyer


18 posted on 10/18/2022 9:06:35 AM PDT by Theoria
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To: unixfox

Eventually the outcome will be the House of Saud being overthrown in favor of Islamic Radicals.


19 posted on 10/18/2022 9:06:54 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Oldeconomybuyer

If the people of Iran manage to end the dictatorship of the Mullahs and end social dominance of the Mullahs as well, a change in the U.S. Middle East policies could easily follow.

If that were to happen Iransupport for Hezbollah and Assad would likely end, and the Russia-China-Iran alliance would be reduced to the Russia-China alliance. Iran meddling in Iraq would likely also end, and Iran like Iraq might make autonomy for its Kurds possible, which would anger Erdogan in Turkey.

A smert U.S. would have realized all those possibilities back in 2009, and kept its thinking on backing the Iranian opponents of the Mullahs instead of reaching for deals with them.


20 posted on 10/18/2022 9:12:39 AM PDT by Wuli (ur)
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