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Why is Saudi Arabia Conducting a 'Financial MRI'?

What is Saudi-Russia oil price war? Saudi Arabia wants to demystify its finances. The kingdom is working on creating a consolidated balance sheet of its assets and liabilities which will include items currently kept off the oil-rich economys books, including the investments and debts of its powerful sovereign wealth fund. "The main purpose of this programme is to have a financial equivalent of an MRI of the government balance sheet," a Finance Ministry spokesman told Reuters, adding that it...
Saudi Arabia Ar Riya City Of United Kingdom Saudi Arabian Abdulaziz Al Saud
Source: ibtimes.sg

Kristof: These women confront dictators. Why can't we?

Kristof: These women confront dictators. Why cant we? Feb. 19, 2021 FacebookTwitterEmail Women like Tawakkol Karman, center, a Yemeni woman who won the Nobel Peace Prize for her leadership during the Arab Spring, has charted a course the U.S. should follow.John McConnico /AP Goons with clubs and machetes had established a makeshift checkpoint outside Tahrir Square in Cairo to beat pro-democracy protesters, and my heart sank when I saw the thugs intercept two frail women and menace them. But the...
United States White House District Of Columbia Saudi Arabia King Salman Loujain Al Hathloul

Mortgage Securities Deserve a Bigger Place in Pension Portfolios, DoubleLine Says

Mortgage Securities Deserve a Bigger Place in Pension Portfolios, DoubleLine Says They have lower volatility and often better returns than corporates, a study by the Gundlach firm concludes. Collateralized mortgage obligations (CMOs), which are collections of home-loan bonds, have long been a stalwart of insurers. But for other institutional investors, ownership is scant. DoubleLine Capital, the rising fixed-income power, would like to change that. And it has some interesting research showing t...
United States Freddie Mac Bloomberg Barclays Uncle Sam Vitaliy Liberman Jeff Gundlach
Source: ai-cio.com

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Morningstar tweaked MBS ratings of paying clients, SEC claims

Morningstar Credit Ratings LLC let analysts make undisclosed adjustments that resulted in higher ratings of mortgage-backed securities for issuers that paid for the rating, the U.S. Securities and Exchange Commission said in a lawsuit against the rating agency.
New York United States Exchange Commission Kroll Bond Rating Agency Inc Morningstar Credit Ratings Manhattan Tuesday

I am suing Crown Prince Mohammed bin Salman for harassment campaign.

FETHI BELAID/AFP/Getty Images Journalists around the world are being killed, imprisoned, and harassed for reporting the news and revealing injustice. The Biden administrations promise to declassify a report on the killing of Jamal Khashoggi is an important step for the protection of journalists. I filed a lawsuit to expose a "hack and leak" operation led by Saudi leadership involving a network of American trolls spreading lies in attempt to ruin my reputation. Ghad...
United Arab Emirates United States White House District Of Columbia Saudi Arabia Campos Mello

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