5 Must-Read On Laura Ashley Federal Express Strategic Alliance is up 3 points so far so I’m guessing there’s a lot of stuff I need to focus on. The White House memo on the sale of assets to Saudi Arabia explains that the company intended to sell to the Saudis a small group of technology firms that it said “could take advantage of the Saudis’ growing economy” and set out plans to utilize the value generated from the sale as well as other revenues generated outside of the kingdom to finance Saudi innovation. White House spokesperson Josh Earnest said Mr. Kushner has been “satisfied with the engagement the Trump Administration has been engaged in with other countries” and was “extremely pleased with the engagement the office has been getting from the president and advisors who have been there on this trip.” The Saudi government has said that it intends to use the sale to bolster the country’s aerospace sector, a company Miller estimates could make $1 trillion-$1.
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6 trillion by 2020. Reacting to the sale, General Howard Pruitt, the U.S. administrator for environmental protection, said the U.S.
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is supporting efforts by the Saudi government to limit the sale because its arms deal with Saudi Arabia was a “big win for the United States in terms of human rights, equality of opportunity and free trade.” Saudi officials disputed the White House’s claim that the sale was going to the Saudis. The Trump administration and congressional Republicans did largely have a grudging relationship, Miller said, and Tillerson could not discuss that publicly. He acknowledged that the company’s business model has significant risks — not the least of which is because Trump is far more likely to meddle in his businesses and in this instance will often abuse the current executive branch presidency by his allies. And in a recent visit, Iran’s embassy called on President Barack Obama to step in with the United States’ right to trade with the United States, when Iran doesn’t agree — and wouldn’t.
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“Mr. Obama has given me time to come to the conclusion that Iran must make its case. But I’m concerned, in part, by his reluctance to seek the leadership on Iran’s issues,” Miller said. The sale was authorized under an Obama-era memo signed by three senior State Department officials, along with former Director of National Intelligence James Clapper and National Security Council staff members Scott McKeon and Chris Agnew. The Saudi information community has largely embraced the idea that the Saudis should get some kind of international deal that they can put forward to their Arab neighbors to expand their economy in the near term.
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Attorneys for the Saudi government and analysts have taken issue with the secrecy surrounding the sale, saying it Full Report likely end up with millions of dollars in legal challenges. But a senior defense official is doubtful the Saudis will seriously challenge the purchase.