Socio-Economics History Blog

Socio-Economics & History Commentary

JASTA Blowback: Saudis Threaten to Pull Billions from US Economy, Could Restrict Airspace

  • Published on Sep 29, 2016
    Congress recently overturned President Obama’s veto of the Justice Against Sponsors of Terrorism Act (JASTA), which would allow terrorism victims’ families to sue nations responsible for the attacks. The Kingdom of Saudi Arabia would likely be one of the countries hardest hit by this legislation and it is threatening to sell more than $700 billion in US Treasury securities and restrict use of their airspace as a result of JASTA. RT America’s Alexey Yaroshevsky has the report.

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September 30, 2016 - Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , ,

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