Sunday, 2 November 2008
A real dead ringer for love
Today, British Prime Minister Gordon Brown met with King Abdullah of Saudi Arabia in Riyadh, seeking his help to stabilise the global financial system by means of a contribution to an International Monetary Fund which may be used to bail out vulnerable countries. From the horse's mouth:
"I think we are grasping towards a new global order where there will be far better global co-ordination in the future and where people will work together to solve common problems"
Curiously, on Friday, it was reported that Barclays Bank has also gone kaffiyeh in hand to the royal families of Qatar and Abu Dhabi, raising £7.3 billion capital to strengthen it's balance sheet despite the fact that it could have obtained the funds from the UK government at what seemed far more attractive rates.
Ever feel that maybe, just maybe, something rather large is being (and has always been) continuously rammed up your ring-piece ?
Arab Strap (sexual device)
Brown meets Arabs
Barclays secures Middle East cash