Politics
Saudis Play Hardball With Their Checkbook by Bashing Canada
- Saudi measures include asset sales, freezing of new deals
- U.S. is trying to convince the Saudis not to escalate
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For Saudi Arabia, a new version of checkbook diplomacy is taking shape.
The kingdom used to pursue a behind-the-scenes foreign policy, deploying its oil wealth as a carrot. Crown Prince Mohammed Bin Salman is ready to wield it like a stick.