Tuesday, May 16, 2017

US Nears Record $100 Billion Arms Deal For Saudi Arabia

Earlier this month, US officials said the US was seeking to reach “billions” of dollars in arms sales to Saudi Arabia as part of Trump’s visit to Riyadh. With a week left before the visit, officials now say the White House is very close to the deal, and that it will amount to over $100 billion in sales.

Details are still emerging, but the plan is for this to set out a series of growing deals over the next decade that will involve more than $300 billion going to arms dealers, not just to arm the Saudis, but in extra aid to Israel to ensure their “qualitative military edge” over the Saudis .... http://www.zerohedge.com