rightwinger
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- Aug 4, 2009
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Saudi has given the finger to TrumpSaudis ârejectâ threat of U.S. sanctions over Khashoggi disappearance, vowing âgreater actionâ in retaliation
âThe Kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures, or repeating false accusations,â the official Saudi Press Agency said.
Grant Thornton chief economist Diane Swonk read the Saudi statement as a threat to rein in oil production and thereby push global energy prices higher.
Looks like a tangible threat to reduce oil production and raise oil prices. Strongmen the world over react the same way, trading short term âwinsâ for long-term pain.
Watch him cower