Saudi Arabia stockpiled $116.8 billion in US debt according to a new report from the US Treasury Department. The debt total had been kept secret for nearly four decades. Tension between the US and Saudi governments are on the redacted 28-pages of the 9/11 commission report surfaced as well as the introduction of the 9/11 bill, which allows families affected by the 9/11 terrorist attack to sue the Saudi Government for their involvement. Saudi Arabia has threatened to self off US assets if Congress passes the bill. It is speculated that if the Saudi government were to sell of those assets it could destabilize the global financial market. Margaret J. Howell and Nik Zecevic take a closer look at Saudi Arabia’s finances on the Lip News.
http://money.cnn.com/2016/05/16/investing/saudi-arabia-us-debt-ownership-revealed/index.html?iid=hp-toplead-intl
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