arab money: the bow didn’t work

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DebkaFile: Obama’s SOS to Gulf emirs: Invest in US and global economies

“A secret American delegation was sent by US President Barack Obama this week to solicit Saudi Arabian and other Gulf rulers for hundreds of billions of petro-dollars of investment in the US and global economic stimulus plans, DEBKAfile’s exclusive Gulf sources report. They came away empty-handed.”

“The chilly welcome received by the delegation, which met finance ministers and the heads of banks in Riyadh and the five emirates, was generated by wide disapproval of the US president’s policy of engagement with Iran. Two other US missions had just been and gone, headed by defense secretary Robert Gates and special adviser to the US secretary of state for South Asia and Gulf affairs, Dennis Ross. Both failed to allay Gulf anger and trepidation over this policy.”

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