Gulf in the News – October 15, 2012

Bahrain summons Iran’s charge d’affaires

Source: Gulf News  (Read full story)

The Bahraini official also demanded an end to the Iranian interference in Bahrain’s domestic affairs and to incitement through its media and relations and contacts with some forces in the country.

Iran should also be committed to international diplomatic rules, international relations, the principle of good neighbourliness and the United Nations charter which reject all forms of direct or indirect interference in the internal affairs of other countries under any form. They also ban any form of political, religious or media incitement, including lies, allegations and jamming radio and television programming.

Opposition rejects Amiri request to cancel demonstrations

Source: Kuwait Times (Read full story)

In dramatic developments, the opposition yesterday rejected appeals by two senior advisors to HH the Amir to end today’s scheduled protest, demanding an explicit government commitment of keeping the current electoral constituency law unchanged. As the opposition was holding a meeting to study arrangements for the crucial gathering opposite the National Assembly building, advisors Abdullah Al-Maatouq and Mohammad Daifallah Sharar arrived and took part in the meeting.

Saudi stocks plunge to record lows

Source: Saudi Gazette (Read full story)

Commenting on the Tadawul’s steep fall, Jarmo T. Kotilaine, a regional economist, said: “This is primarily reflective of the renewed sense of malaise in the global markets. Last week was marked by bearish sentiment globally, not least because the US earnings data has failed to impress. The IMF/World Bank meetings have further highlighted the challenges while offering little concrete by way of solutions.” He said the mood in many countries, especially in the euro zone is turning against austerity as reflected in the recurrent large-scale protests.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.