Saudi Arabia dropped all of its canadian assets, according to the “Financial Times”

L’Arabie saoudite largue tous ses actifs canadiens, selon le «Financial Times»

Photo: Frank Gunn Archives The canadian Press
The new grave while the stock market in Toronto, was known on Tuesday, a massive sale of assets of an international broker unknown.

The Financial Times wrote on Wednesday that saudi Arabia has asked the asset managers to liquidate their canadian portfolio, in the context of the diplomatic war that book Riyadh to Ottawa for a few days.

The central bank of saudi arabia and the public pension systems of the kingdom have issued guidelines to their asset managers abroad so that they dispose of shares, bonds and canadian assets, regardless of the course, according to sources not identified by the Financial Times.

This new grave while the stock market in Toronto, was known on Tuesday, a massive sale of assets of an international broker unknown.

The liquidation of shares by saudi Arabia comes after that world Affairs Canada has expressed publicly, last week, his “concern” following the arrest and detention in this country, a blogger and activist for the rights of women, the sister of the blogger himself imprisoned Raïf Badawi. The saudi kingdom, which reacts with vehemence since.

Riyadh has imposed a freeze on new trade with Canada and reminded of the thousands of students attending canadian universities, following a tweet from the department.

The saudi ministry of foreign Affairs has also ordered Canada’s ambassador, Dennis Horak, to leave the country. The national carrier saudi arabian Airlines has also announced the suspension of its flights to and from Canada as of August 13.

The United States and the european Commission have both asked, on Tuesday, to clarify on the arrest of activists in saudi Arabia, but have avoided to interfere in the diplomatic conflict between Riyadh and Ottawa.

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