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Dec 6 (Reuters) - A federal judge in Washington on Tuesday dismissed a lawsuit filed by the fiance of slain journalist Jamal Khashoggi against Saudi Arabian Crown Prince Mohammed bin Salman, citing President Biden's grant of immunity. U.S. District Judge John Bates suggested he was reluctant to throw out the lawsuit but had no choice given the Biden administration's decision. Biden was criticized for fist-bumping the crown prince on a visit to Saudi Arabia in July to discuss energy and security issues. The White House said Biden had told Prince Mohammed that he considered him responsible for Khashoggi's killing. He had traveled to the Saudi consulate in Istanbul to obtain papers he needed to marry Cengiz, a Turkish citizen.
Asher Moses completed The Knowledge, a memory test, and became a London black-cab driver in 1989. He said the test was very challenging and that he loved the excitement of graveyard shifts. London is the most incredible capital in the world, and I've been a cab driver in the city since 1989. Learning London's road map committed me to become a taxi driver. Memorizing the 46,000 London streets in the 6-mile radius around Charing Cross was one of the most challenging things I've ever done.
says Meghan, Duchess of Sussex in a trailer released on Thursday for the Netflix documentary series about Britain's Prince Harry and his wife. "Harry & Meghan. Later he is shown saying: "I had to do everything I could to protect my family." At the end Harry is shown throwing his head back while Meghan wipes away tears. Although no official release date has been given for the six-part documentary, media have widely reported it will air on Dec. 8.
The average year-to-date losses on Thanksgiving days in these years was 10.5%, and the average rise post-Thanksgiving through Dec. 31 was 1.5%. The S&P 500's year-to-date loss on Thanksgiving Thursday this year was 15.5%, having been down as much as 27% in mid-October. chartIf ever there was a year Wall Street was primed to register an above-average whoosh in the last few trading weeks of the year, this is it. Even beyond investors' instinctive "FOMO" (fear of missing out) on the upswing underway, positioning is extremely light and portfolios are historically underweight stocks. Relative to average positioning over the past 10 years, investors' biggest underweight position this month is in stocks.
Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSWASHINGTON, Nov 18 (Reuters) - The Biden administration ruled on Thursday that Saudi Arabian Crown Prince Mohammed bin Salman has immunity from a lawsuit over the murder of Jamal Khashoggi, drawing immediate condemnation from the slain journalist's former fiancee. In late September, Saudi King Salman named Prince Mohammed prime minister in a royal decree which a Saudi official said was in line with responsibilities that the crown prince was already exercising. FIST-BUMPBiden was criticized for fist-bumping the crown prince on a visit to Saudi Arabia in July to discuss energy and security issues. The White House said Biden had told Prince Mohammed that he considered him responsible for Khashoggi's killing. In a highly charged global atmosphere, the United States is keen to prevent its long-time ally from further distancing itself.
[1/2] Crown Prince of Saudi Arabia, Mohammed bin Salman is pictured during his meeting with South Korea's President Yoon Suk-yeol in Seoul, South Korea, November 17, 2022. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSNov 17 (Reuters) - The Biden administration has determined that Saudi Arabian Crown Prince Mohammed bin Salman has legal immunity from a lawsuit filed against him over the 2018 killing of Saudi journalist Jamal Khashoggi, the U.S. Department of Justice said in a court filing on Thursday. The prince has denied ordering Khashoggi's killing but acknowledged later that it took place "under my watch." Biden, who fist-bumped the crown prince on a visit to Saudi Arabia in July to discuss energy and security issues, had told Prince Mohammed that he considered him responsible for Khashoggi's killing. He had traveled to the Saudi consulate in Istanbul to obtain papers he needed to marry Hatice Cengiz, a Turkish citizen.
It made the argument after Jamal Khashoggi's fiancée sued the Saudi crown prince in the US. It is an abrupt shift from Biden's earlier pledges to hold Crown Prince Mohammed to account. There, he was murdered and dismembered by agents the CIA says were working on Crown Prince Mohammed bin Salman's direct orders. The Biden administration argued that since Crown Prince Mohammed was recently appointed as Saudi Arabia's prime minister, he has "sovereign immunity" from prosecution. While there Biden said he confronted Crown Prince Mohammed over the murder, a claim Saudi officials later disputed.
The Biden administration declared Thursday that the high office held by Saudi Arabia's crown prince should shield him from lawsuits for his role in the killing of a U.S.-based journalist, a turnaround from Joe Biden's passionate campaign trail denunciations of Prince Mohammed bin Salman over the brutal slaying. The State Department on Thursday called the administration's decision to try to protect the Saudi crown prince from U.S. courts in Khashoggi's killing "purely a legal determination." The State Department cited what it said was longstanding precedent. Saudi officials killed Khashoggi at the Saudi consulate in Istanbul. The U.S. intelligence community concluded Saudi Arabia's crown prince had approved the killing of the widely known and respected journalist, who had written critically of Prince Mohammed's harsh ways of silencing of those he considered rivals or critics.
Saudi Press Agency/Handout via REUTERSDUBAI, Nov 10 (Reuters) - Saudi Arabia's Public Investment Fund (PIF) is working with Lazard (LAZ.N) on funding options and a potential initial public offering of Masar, a $27 billion mega project in the holy city of Mecca, two sources with direct knowledge told Reuters. The PIF, Lazard and Masar did not respond to a Reuters query for comment. Bloomberg first reported Lazard was advising the sovereign wealth fund on NEOM. Masar is a 1.2 million square metre urban development project in the western part of Mecca. Reporting by Hadeel Al Sayegh;Editing by Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.
SummarySummary Companies OPEC+ oil output cut led to U.S., Saudi spatSaudi Arabia and U.S. "solid allies" – ministerBig Wall St turnout at flagship Saudi investment summitRIYADH, Oct 25 (Reuters) - Saudi Arabia decided to be the "maturer guys" in a spat with the United States over oil supplies, the kingdom's energy minister Prince Abdulaziz bin Salman said on Tuesday. "We keep hearing you 'are with us or against us', is there any room for 'we are with the people of Saudi Arabia'?" Biden pledged that "there will be consequences" for U.S. relations with Saudi Arabia after the OPEC+ move. JPMorgan Chase & Co Chief Executive Jamie Dimon, speaking at the gathering, voiced confidence that Saudi Arabia and the United States would safeguard their 75-year-old alliance. It recovered the next year, attracting leaders and businesses with strategic interests in Saudi Arabia, after which the pandemic hit the world.
General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. JPMorgan and Goldman Sachs made nearly $77 million and $42 million respectively in investment banking fees in Saudi Arabia last year, Refinitiv data showed. "For the most part, I do not see U.S. companies actively avoiding Saudi Arabia due to recent political tensions," said Adel Hamaizia, managing director at Highbridge Advisory and a visiting fellow at Harvard University. FDI FLATForeign direct investment still lags behind targets, though there has been movement in new sectors as the kingdom opens up. As Boeing netted an $80 million defence contract last year, Fedex announced a $400 million 10-year investment plan in the country, the Arab world's biggest economy.
RIYADH, Oct 16 (Reuters) - Saudi King Salman said on Sunday the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+ alliance. King Salman bin Abdulaziz said in an address to the kingdom's advisory Shura Council that his country was a mediator of peace and highlighted the crown prince's initiative to release POWs from Russia last month. King Salman also called on Iran to fulfill its nuclear commitments and cooperate with the U.N. nuclear agency. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aziz El Yaakoubi, Nayera Abdallah and Yasmin Hussein; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
A man examines "Self-Portrait" by Andy Warhol during a media preview at Christie's auction house in New York, October 31, 2014. She countersued Warhol's estate for copyright infringement in 2017 after it asked a Manhattan federal court to rule that his works did not violate her rights. Copyright law sometimes allows for the fair use of copyrighted works without the creator's permission. A federal judge found Warhol's works were protected by the fair use doctrine, having transformed the "vulnerable" musician depicted in Goldsmith's work into an "iconic, larger-than-life figure." Documentary filmmakers, fan fiction writers and the estates of other major figures in the pop art movement have come out in support of Warhol.
The case centers on how courts decide when an artist makes "fair use" of another's work under copyright law. The Supreme Court will hear arguments in the estate's appeal of a lower court's decision favoring Goldsmith. The Supreme Court's eventual decision could have broad or narrow implications for fair use depending on the ruling, Tushnet said. The Warhol estate told the Supreme Court the 2nd Circuit's decision "casts a cloud of legal uncertainty over an entire genre of visual art, including canonical works by Andy Warhol and countless other artists." Goldsmith's lawyers told the Supreme Court that a ruling favoring the foundation would "transform copyright law into all copying, no right."
With Prince Mohammed's mediation, Russia on Wednesday released 10 foreigners it had captured in Ukraine, including five Britons and two Americans. He denied the Crown Prince had become involved to rehabilitate his reputation. U.S. citizens Alexander Drueke, 39, and Andy Huynh, 27, both from Alabama, are expected to leave Saudi Arabia within days, officials said. But Saudi Arabia has shown little readiness to join the effort to isolate Russia. U.S. National Security Adviser Jake Sullivan, Secretary of State Antony Blinken and British Prime Minister Liz Truss thanked the Saudi crown prince for his role.
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