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Arab crisis puts UK in crisis

A.A.Z

Tape Ball Regular
Joined
Jan 5, 2017
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428
Post of the Week
2
For the UK, perhaps the most dangerous escalation of the crisis would be if the Arab block were to force countries to choose between doing business with Qatar or with them (also worth billions of pounds in Britain's case).

Qatar owns Harrods, 95% of the Shard building, 22% of the London Stock Exchange, nearly 6% of Barclays plc and 50% of Canary Wharf. In a post-Brexit world especially, these are not investments Britain could afford to divest.
 
? they are trophy assets in one of the Worlds best jurisdictions of course they will have ready buyers

and what does it matter to the UK who owns them ?
 
Iran has almost $2billion worth of assets which have been frozen by the US govt due to political considerations. I would think that the UK would find a similar solution if push comes to shove. Arabs can buy up whole of London, it doesn't mean they can own it when it is under British jurisdiction.
 
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