Saudis Vow to Retaliate if ‘Punished’ for Khashoggi Disappearance

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(Photo Credit: Common Action Forum/Twitter)

 

The kingdom has effectively threatened to cut off oil supplies if it is sanctioned.

As many countries around the world have rallied to say they will punish Saudi Arabia if it is found to have been involved in the disappearance and possible death of dissident journalist Jamal Khashoggi, the kingdom vowed it would retaliate against any such action. Continue reading

Banks in Moldova lend $1 billion to mysterious beneficiaries and cripple economy

THE disappearance of more than $1 billion from three Moldavian banks has nearly crippled the tiny former Soviet country’s economy, and its people wants answers.

The huge sum of money accounts for nearly 20 per cent of Moldova’s banking system in terms of assets, and represents an eighth of its entire gross domestic product, according to Reuters.

The case of the missing money only came to light after the Central Bank of Moldova found that three banks had given out loans totalling more than $1 billion. Continue reading