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2023-03-07 The Grand Turk
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Saudi Arabia deposits $5 billion in Turkey's central bank
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[DW] Minister of Finance Mohammed Bin Abdullah al-Jadaan had announced his country's intention to make the deposit in December.
Saudi Arabia
 ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Fifteen of the nineteen WTC hijackers were Saudis, and most major jihadi commanders were Saudis, to include Osama bin Laden. Crown Prince Mohammed bin Salman quietly folded that tent in 2016, doing terrible things to the guys running it, and has since been dragging the kingdom into the current century...
signed an agreement with The Sick Man of Europe Turkey
...the decaying remnant of the Ottoman Empire...
on Monday to deposit $5 billion (€4.7 billion) in the country's central bank.
It comes as Turkey is struggling with high inflation and the effects of last month's massive earthquake.
WHAT SAUDI ARABIA SAID ABOUT THE DEAL WITH TURKEY
The kingdom announced the deal through the state-run Saudi Press Agency, calling it "a testament to the close cooperation and historical ties that exist between the kingdom of Saudi Arabia and the Republic of Turkey and its brotherly people."
The decision was made on the order of King Salman
...either the largest species of Pacific salmon or the current Sheikh of the Burnin' Sands, Custodian of the Two Holy Mosques and Lord of Most of the Arabians...
and Crown Prince Mohammed bin Salman
...Crown Prince and modernizer of Saudi Arabia as of 2016. The Turks hate him, so he must be all right, despite the occasional brutal murder of Qatar-owned journalists. As crown prince, Moe has quietly jettisoned his country's policy of trying to impose its religion on the rest of the world...
it said.
The kingdom gave no details on how the cash would be used or if it could call for the amount to be returned. Deposits of this nature can help increase a national currency's exchange rates against other international currencies.
In December of last year, Minister of Finance Mohammed Bin Abdullah al-Jadaan had announced his country's intention to make the deposit.
Strenghtening relations between Saudi Arabia and Turkey
The move symbolizes a rapprochement between Saudi Arabia and Turkey after the relationship suffered a heavy blow following the 2018 killing of Saudi journalist beloved martyr of journalism Jamal Khashoggi
......who was simultaneously a very well paid Washington Post columnist and a long time propagandist for the Moslem Brotherhood and Al Qaeda — he died while on the Qatari payroll, but previously wrote at the behest of then-Saudi intel chief Prince Turki al-Faisal......
in the kingdom's Istanbul consulate.
Last April, Ottoman Turkish President His Enormity, Sultan Recep Tayyip Erdogan the First
...Turkey's version of Mohammed Morsi but they voted him back in so they deserve him. It's a sin, a shame, and a felony to insult the president of Turkey. In Anatolia did Recep Bey a stately Presidential Palace decree, that has 1100 rooms. That's 968 more than there are in the White House, 400 more than in Versailles, and 325 more than Buckingham Palace, so you know who's really most important...
paid his first visit to Saudi Arabia since the Khashoggi killing, where he met Prince Mohammed before traveling to Mecca.
Prince Mohammed followed with a visit to Ankara in June.
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Posted by trailing wife 2023-03-07 00:45||
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