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Monday, 3 July 2017

MIDEAST STOCKS-Qatar stabilises after diplomatic deadline extended, Saudi cools | Reuters

MIDEAST STOCKS-Qatar stabilises after diplomatic deadline extended, Saudi cools | Reuters:

"Qatar's stock market stabilised in early trade on Monday after a diplomatic deadline to comply with demands by four Arab states was extended by two days to Tuesday night.

Kuwait's foreign minister arrived in Kuwait, which is acting as mediator, to respond to the demands. There is still no clear sign that Qatar will accept enough of the demands to satisfy the four states or that the dispute will be resolved.

If not, fresh sanctions could be imposed - Saudi Arabia's Okaz newspaper reported that the boycotting countries would ask international companies to choose between doing business with them or with other countries."



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