Britain woos Saudi Aramco IPO with $2bn loan guarantee


(Worthy News) – Britain on Thursday confirmed it has offered Saudi Aramco a $2 billion (1.71 billion euros) loan guarantee as the oil giant considers whether to launch possibly the world’s largest ever stock market listing in London.

The offer, which will help the energy giant buy British exports, is widely seen as part of lobbying efforts to secure an initial public offering (IPO) for the UK’s financial hub, although the British government has denied this.

“This (guarantee) has nothing to do with the potential float, it’s about increasing UK exports,” a Treasury spokesman told the Agence France-Presse news agency. [ Source: Deutche Welle (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Latest Worthy News

USDA: 45m Acres Of American Land Owned By Foreign Entities
Israel, Hamas Edge Closer to Ceasefire Deal as Qatar-Led Gaza Reconstruction Takes Shape
Israel and EU Agree to Expand Humanitarian Aid to Gaza
FISA Court Approves DOJ Review of Carter Page Surveillance as Congress Presses for Crossfire Hurricane Records
Eight Christian Leaders Found in Mass Grave in Colombia
Federal Judge Blocks Trump’s Birthright Citizenship Order Amid Ongoing Legal Battle
Young Christians Acquitted Of Blasphemy After 2-Year Battle
Ukraine’s President Urges Marshall Plan After Massive Attacks; US Frustrated
EU’s Commission President Survives No-Confidence Motion
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News