Reuters: Saudi mass arrests jolt markets but many see overdue swoop on corruption
RIYADH (Reuters) - All major Gulf stock markets slid on Tuesday on jitters about Saudi Arabia’s sweeping anti-graft purge, a campaign seen by critics as a populist power grab but by ordinary Saudis as an overdue attack on the sleaze of a moneyed ultra-elite.
U.S. President Donald Trump endorsed the crackdown, saying some of those arrested have been “milking” Saudi Arabia for years, but some Western officials expressed unease about the possible reaction in Riyadh’s opaque tribal and royal politics.
Authorities detained dozens of top Saudis including billionaire Prince Alwaleed bin Talal in a move widely seen as an attempt by Crown Prince Mohammed bin Salman to neuter any opposition to his lightening ascent to the pinnacle of power.
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MIDDLE EAST
Saudi-led coalition shuts off air, sea and land ports to Yemen in response to missile attack. Red Cross medicine and UN flights blocked after Saudi Arabia closes all of Yemen's borders. UN urges Saudi Arabia to end blockade on Yemen.
Saudis accuse Iran of 'direct aggression' over Yemen missile.
Coalition air strikes decline sharply in Syria and Iraq: general.
Iraqi VP calls Iran-backed militias his nation’s top threat.
First civilians return to Raqa after mines cleared: US-backed force.
At UN, Russia challenges report blaming Syria for gas attack.
Turkey, U.S. resume visa processing but tensions linger.
Paris climate accord: Syria to sign up, isolating US.
ASIA
Trump says 'open' to meeting with N.K. leader. Donald Trump urges North Korea to 'come to the table' and 'make a deal'.
Donald Trump to talk trade and N Korea on China visit.
Tweeter-in-chief ready to confront China's 'great firewall'.
Philippines to keep close eye on Beijing’s new super-dredger in South China Sea.
U.N. Security Council calls on Myanmar to end military force, violence in Rakhine state.
Attacks on mosques, worshippers soar in Afghanistan: UN.
Afghan television channel Shamshad TV back on air after attack.
NATO says to boost Afghan mission to 16,000 troops.
Civilian deaths rise as Philippines war on drugs continues.
'Health emergency' declared in New Delhi amid heavy air pollution.
AFRICA
Sahel anti-terror force sees teething problems in first mission.
C.Africa in faceoff with former militia over barracks.
Robert Mugabe fires 'disloyal' Zimbabwe VP Emmerson Mnangagwa, who was seen as successor. Robert Mugabe fires vice president Emmerson Mnangagwa.
US backs 900 extra UN peacekeepers for C. Africa.
French envoys meet Mali govt over raid deaths.
Egypt not considering measures against Lebanon's Hezbollah: CNBC.
Kenya's Odinga says constitutional review, talks will pave way out of crisis.
EUROPE
Brexit: EU warns UK it has less than a month to make concessions.
Berlusconi eyes political resurrection, unhindered by sex scandals.
Puigdemont shows face at Brussels rally.
Putin's National Guard to protect Russian regional leaders.
Europe urges US Congress not to torpedo Iran deal.
French, Swiss authorities detain ten in anti-terror raids.
Sweden seeks to buy $1 billion U.S. Patriot air defense missile system.
AMERICAS
Fusion GPS official met with Russian operative before and after Trump Jr. sit-down.
Schiff: 'Our democracy is under threat' from Trump, Russia.
Venezuela is in hyperinflation, says opposition-led National Assembly.
From Chilean refuge, Venezuelan congress deputy defies Maduro.
US ends protected immigration status for Nicaraguans.
Texas shooting: Gunman 'escaped mental hospital in 2012'.
Legal challenge launched against Quebec face-covering ban.
TERRORISM/THE LONG WAR
Mattis faces questions from allies on Islamic State strategy.
Islamic State claims attack that kills 2 at Kabul TV station.
Pakistan gets a grip on a region known as a nexus of terror — but residents pay a price for peace.
US calls for 'equal diligence' in efforts to combat terror groups in Pakistan.
ECONOMY/FINANCE/BUSINESS
Losses for banks and smaller companies take US stocks lower.
Paradise Papers revelations around the world.
Brent oil prices may rise even more on news from Saudi Arabia, experts forecast.
Paradise Papers: Apple shifted billions offshore to avoid tax.
Twitter to double tweet limit to 280 characters.
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