Saudi Arabia’s stock market fell sharply for a second straight day on Wednesday, leading the entire region down, in response to weak oil prices and government austerity measures. The Saudi equities index, which had retreated 3.8 percent on Tuesday, sank a further 3.4 percent to 5,534 points, its lowest finish ...
The US Senate on Wednesday overwhelmingly rejected President Barack Obama’s veto of legislation allowing relatives of the victims of the Sept. 11 attacks to sue Saudi Arabia’s government. The final vote was 97-1 against the veto. Democratic Minority Leader Harry Reid was the lone “no” vote. Democratic Senator Tim Kaine, ...