« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

The $110 billion arms deal to Saudi Arabia is fake news  

By: clo in FFFT3 | Recommend this post (1)
Wed, 07 Jun 17 4:13 PM | 51 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 33127 of 65535
Jump:
Jump to board:
Jump to msg. #

But at least they treated Trump like a 'king'...

The $110 billion arms deal to Saudi Arabia is fake news
Bruce Riedel Monday, June 5, 2017

Last month, President Trump visited Saudi Arabia and his administration announced that he had concluded a $110 billion arms deal with the kingdom. Only problem is that there is no deal. It’s fake news.

I’ve spoken to contacts in the defense business and on the Hill, and all of them say the same thing: There is no $110 billion deal. 
Instead, there are a bunch of letters of interest or intent, but not contracts. Many are offers that the defense industry thinks the Saudis will be interested in someday. So far nothing has been notified to the Senate for review.
The Defense Security Cooperation Agency, the arms sales wing of the Pentagon, calls them “intended sales.” None of the deals identified so far are new, all began in the Obama administration. 

more:
http://www.brookings.edu/blog/markaz/2017/06/05/the-110-billion-arms-deal-to-saudi-arabia-is-fake-news/




Avatar

DO SOMETHING!




» You can also:
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next