Money Can’t Buy Qatar Love as World Cup Woes Increase
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A year into his reign, Qatar’s emir is finding it takes more than a checkbook to win friends.
The stock index in Doha sank by the most in the world on June 3 while a panel looks into alleged corruption in Qatar’s selection to host the 2022 World Cup. Since Sheikh Tamim Bin Hamad Al Thani took power in June last year, three neighboring countries withdrew ambassadors over Qatar’s foreign policy, a hostile Egyptian government accused the emirate of giving sanctuary to the opposition, and the Syrian rebels backed by the emirate faltered in a three-year civil war.