Top Tweets for #GEJAT

‼️🇷🇺 🇸🇦 Unexpected Danger: Saudi Arabia Threatens G7 to Dump European Bonds in Retaliation for Russian Asset Confiscation - Bloomberg ▪️G7 countries received a warning from Saudi Arabia about possible disposal of European securities in the event of confiscation of frozen Russian assets. Riyadh did not specify which countries' securities might be affected, but, according to sources, France is most at risk. ▪️Saudi Arabia's Finance Ministry has expressed its opposition to the idea to G7 countries, with one source calling it a veiled threat. The Saudis specifically mentioned debts issued by the French Treasury. ▪️Although Saudi Arabia does not hold enough European bonds to crash the market, the EU fears a “domino effect.” If other countries follow Riyadh, it will cause a large-scale crisis in Europe, which is already suffering losses after the imposition of sanctions against Russia. https://t.co/YBAXnW85dr