{"id":36571,"date":"2018-08-08T18:49:20","date_gmt":"2018-08-08T23:49:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=36571"},"modified":"2018-08-08T18:49:20","modified_gmt":"2018-08-08T23:49:20","slug":"what-they-did-was-unacceptable-saudis-to-dump-canadian-assets-no-matter-the-cost","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=36571","title":{"rendered":"&#8220;What They Did Was Unacceptable&#8221;: Saudis To Dump Canadian Assets &#8220;No Matter The Cost&#8221;"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-08-08\/loonie-tumbles-saudis-start-dumping-canadian-stocks-bonds\"><span class=\"field field--name-title field--type-string field--label-hidden\">&#8220;What They Did Was Unacceptable&#8221;: Saudis To Dump Canadian Assets &#8220;No Matter The Cost&#8221;<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\" data-gtm-vis-recent-on-screen-2077925_22=\"1561\" data-gtm-vis-first-on-screen-2077925_22=\"1561\" data-gtm-vis-total-visible-time-2077925_22=\"100\" data-gtm-vis-has-fired-2077925_22=\"1\">\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><u><strong>Update 2:<\/strong><\/u> Saudi foreign minister Adel Al-Jubeir has made a new statement &#8211; attempting to talk back The Kingdom&#8217;s rhetoric somewhat (or perhaps avoid sending its Canadian asset prices tumbling into a firesale).<\/p>\n<blockquote><p><strong>&#8220;What Canada did was unacceptable.<\/strong><\/p>\n<p><strong>Canada committed a big mistake, must rectify it.<\/strong><\/p>\n<p>We in Saudi Arabia do not accept dictation, interference.<\/p>\n<p><strong>There is no need for mediation, Canada knows what it needs to do, it must change its policies, ways with The Kingdom.<\/strong><\/p>\n<p>The Saudi measures <strong><u>only apply to new investments<\/u><\/strong> [ZH: so no immediate asset dumping]<\/p>\n<p><u><strong>Saudis are still weighing other measures to take against Canada.<\/strong><\/u>&#8220;<\/p><\/blockquote>\n<p>The Loonie rebounded:<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-08-08_6-39-10.jpg?itok=xL88YJxI\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/2018-08-08_6-39-10.jpg?itok=xL88YJxI\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-08-08_6-39-10.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/2018-08-08_6-39-10.jpg?itok=xL88YJxI 1x\" alt=\"\" width=\"500\" height=\"265\" data-entity-type=\"file\" data-entity-uuid=\"80df181a-b849-4856-b397-fa8dc0341e9c\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>*\u00a0 *\u00a0 *<\/p>\n<p><u><strong>Update 1:<\/strong><\/u> <strong>Russia has sided with Saudi Arabia in the ongoing diplomatic rift with Canada<\/strong> on Wednesday, issuing a statement accusing the latter of attempting to \u201cpoliticize human rights issues.\u201d<\/p>\n<blockquote><p>The statement said <strong>Russia rejected the \u201cauthoritative tone\u201d of Canada toward Saudi Arabia, adding that the Kingdom had the full sovereign right to manage its own affairs.<\/strong><\/p>\n<p>\u201cWe consistently and firmly advocate compliance with universal human rights with due regard for the specific national customs and traditions that developed in a given country over a long period of time. <strong>We have always said that the politicization of human rights matters is unacceptable,\u201d<\/strong> Russian Foreign Ministry spokeswoman Maria Zakharova said in a statement posted on the ministry\u2019s website.<\/p><\/blockquote>\n<p>*\u00a0 *\u00a0 *<\/p>\n<p>The Saudis have <strong>escalated their fury <\/strong>towards Trudeau&#8217;s &#8220;progressive&#8221; propaganda. Having expelled the Canadian ambassador, froze new trade and investment with the G7 member, suspended a student exchange program and halted Saudi Arabian Airlines flights to Canada, the Saudis are stepping up their pressure very directly.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;What They Did Was Unacceptable&#8221;: Saudis To Dump Canadian Assets &#8220;No Matter The Cost&#8221; Update 2: Saudi foreign minister Adel Al-Jubeir has made a new statement &#8211; attempting to talk back The Kingdom&#8217;s rhetoric somewhat (or perhaps avoid sending its Canadian asset prices tumbling into a firesale). &#8220;What Canada did was unacceptable. Canada committed a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[103,701,4318],"class_list":["post-36571","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-canada","tag-saudi-arabia","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36571"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36571\/revisions"}],"predecessor-version":[{"id":36572,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36571\/revisions\/36572"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}