The warning was delivered by Saudi Foreign Minister Adel
al-Jubeir last month during a visit to Washington, the New York Times
reported. He said his
The warning was delivered by Saudi Foreign Minister Adel
al-Jubeir last month during a visit to Washington, the New York Times
reported. He said his country would sell up to $750 billion in US
treasury securities and other assets before the bill puts them in
jeopardy. The newspaper said Riyadh's resolve to actually deliver on the
threat is dubious, since selling off those assets would be technically
challenging and would damage the dollar, against which the Saudi
national currency is pegged. Under the current US law, foreign nations
have a degree of immunity from being sued in American courts. The
Foreign Sovereign Immunities Act of 1976 is one of the reasons why
families of the September 11, 2001 terrorist attacks largely failed to
bring to court the
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Read full article: Saudi Arabia wants US to kill 9/11 bill, threatens to dump US assets worth $750 bn – report