Out of bounds

Out of bounds



Saudi Arabia 's
biggest Gulf state acquisition of treasury bonds US
different tracks recorded by the acquisition of Gulf Treasury bonds US during the month of April, at a time when Saudi Arabia raised its holdings of Treasury bonds US slashed both the UAE and Kuwait from the possession of this type of bond, which reached the acquisition of Saudi Arabia US Treasury bonds last April for about $ 127 billion that occupies the eleventh place among the top investors in US Treasury bonds.
Increased possession of the Saudi treasury bonds in April by about 1.8% on a monthly basis but when compared to the Nissan of the year 2016 has increased by about 12%, in contrast , reduced Emirates holdings of US Treasury bonds in April by about $ 2.4 billion to approximately $ 61 billion .... to settle at levels similar to those recorded in April 2016.
the Kuwait reduced its holdings are other than US bonds after 3 months of continuous purchases, as possession of Kuwait fell from US bonds from $ 32.4 billion last March to 31.3 billion dollars in April, a decline of 3.4% and was the possession of the Gulf States US Treasury bonds have recorded a marked decline after a drop in oil prices and the resort of many of these countries to withdraw from its reserves to cover part of the deficits.



London
Finance Minister: Trade with the European Union must remain as currently the
British Finance Minister Philip Hammond said on Sunday that he should continue the work of British exporters "as it is currently as much as possible" after the withdrawal of Britain from the European Union.
He said Hammond television Aa.ta, to fears of a sudden change in trade relations with the European Union , "our agenda clearly illustrates, we will start talks as soon as possible regarding the stages of implementation so that things are clear for companies and investors that things will not be left to the edge of the abyss."



Dubai
and UAE Minister of Energy sees no need for an emergency meeting of OPEC
and the UAE Minister of Energy , he said he sees no need for an emergency meeting of the Organization of the Petroleum Exporting Countries (OPEC) before the organization 's regular meeting in November.
OPEC 's next ordinary meeting in Vienna on 30 November.
Minister Mohammed bin Suhail Al Mazroui , told reporters in Dubai that no one is talking about an emergency meeting , pointing out that the organization at the beginning of the agreement and that he felt he needed for some time.
Decided OPEC oil - producing countries outside the Organization, particularly Russia on May 25 , the extension of production nine months reduced to March 2018 as part of efforts to reduce the supply glut.
The UAE minister said he expected the demand for crude rises in the third quarter of the year.
He said that the holiday season is coming and demand will rise and that this is typical by the end of the second quarter each year.


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