U.S.-Saudi Arabia Weapons Deal Worth $350 billion Over 10 Years

May 21st, 2017

Update: Ivanka Trump’s Women Entrepreneurs Fund Takes $100 Million from Saudi Arabia and United Arab Emirates

From BAE to Settle Bribery Cases for More Than $400 Million:

This is right out of Yes, Minister – The Moral Dimension.

Here’s an audio clip from that episode. Note that the name of the “fictional” company is BES, British Electronic Systems *wink*:

Via: New York Post:

President Trump’s first foreign trip brought a big benefit to his daughter’s pet project.

As Trump traveled the Middle East, Saudi Arabia and the United Arab Emirates pledged $100 million to a fund for women entrepreneurs proposed by Ivanka Trump, according to a report.

The massive donation comes in spite of Trump, as a presidential candidate, criticizing rival Hillary Clinton for letting her charity take funds from the Saudis.

The Wall Street Journal reported Saudi Arabia and the U.A.E. would donate to the Women Entrepreneurs Fund, a program Ivanka Trump pitched to World Bank Group President Jim Yong Kim and has discussed with several world leaders.

The fund’s money will be controlled by World Bank, not Ivanka, but she continues fundraising for it even while serving as an adviser to her father and traveling with him to meet foreign diplomats.

Research Credit: quintanus

Via: CNBC:

The United States sealed a multi-billion arms deal to Saudi Arabia, the White House announced on Saturday, a move that solidifies its decades-long alliance with the world’s largest energy producer just as President Donald Trump begins his maiden trip abroad as leader of the free world.

The agreement, which is worth $350 billion over 10 years and $110 billion that will take effect immediately, was hailed by the White House as “a significant expansion of…[the] security relationship” between the two countries.

2 Responses to “U.S.-Saudi Arabia Weapons Deal Worth $350 billion Over 10 Years”

  1. quintanus says:

    They donated $100 million to the Ivanka Trump charity. This is totally illegal for regular government workers.

Leave a Reply

You must be logged in to post a comment.