German position - no reduction in the Greek debt , no extension on payment , ESM will not be allowed to take over IMF loans to Greece.
EG expected to approve 7 billion euros in loans needed for Greece to pay off debts maturing in July. Comprehensive debt deal unlikely.
Tax authorities to chase undeclared properties http://dlvr.it/PBhvg4
IMF and Eurozone finance threaten to walk out on Greece over debt relief | Neos Kosmos http://neoskosmos.com/news/en/IMF-and-Eurozone-finance-threaten-to-walk-out-on-Greece-over-debt-relief#.WSAD80aNPjI.twitter …
King Salman presents POTUS with its highest honor , KSA pulling out all of the stops !
Trump, the 1st sitting U.S. president to choose the Middle East as destination for his first overseas trip, arrives in Riyadh, Saudi Arabia.
Incredible pageantry: 7 jets roared over airport here in Riyadh, leaving trail of red, white, blue. Royal Saudi air force lined red carpet.
Thumbs-up sign is NOT considered disrespectful here, my Bloomberg coworkers in Saudi Arabia say. "It's normal," says @viviannereim.
*TILLERSON: 23 FOREIGN EXPORT LICENSES TOTAL $350B IN INVESTMENT
Blackstone forges investment deal anchored by Saudi funds
General Electric announces 15 billion worth of business deals with KSA today...
Trump’s trip won’t be impacted by controversy engulfing administration, Commerce Secretary Wilbur Ross told @kevcirilli. "Absolutely not.”
Ivanka Trump will do roundtable with Saudi female civil society leaders, elected officials, businesswomen on women's economic empowerment.
380 bn in total deals , 110 bn worth of arms deals....
Saudi Aramco to sign agreements with 10 companies--General Electric, Schlumberger, Halliburton--during Trump visit.
CEOs here in Saudi Arabia from Citi, Monsanto, Lockheed, Blackrock, etc.
A White House official told me this week Trump's Saudi Arabia speech would say this isn't war of west v. Islam, but a war of good and evil.
"The President has not seen this draft," WH aide tells me. This is 1 of 5 drafts written by various people. He's writing a final version.
Additional political news....
Comey to testify that Trump tried to influence him: report http://hill.cm/c8E94WQ
Trump said to favor move that could destabilize Obamacare
KT McFarland now official. Statement: "Our friends in Singapore know they are getting one of his top aides as their American ambassador."
Rouhani re-elected by wide margin in Iran !
Hassan #Rouhani wins #IranElections with 22.8 million to votes vs. rival Ebrahim Raisi miniscule 15.5 Million https://www.middleeastmonitor.com/20170520-autocracy-is-evergreen-as-rouhani-wins-second-term-as-iran-president/ …
March kidnapping of Jadhran confirmed. Sadik Asour- the Attorney General in Tripoli , called on the militia to hand him over to face trial.
Joint statement condemns "efforts to change the situation on the ground in #Libya" LNA bombed Jufra all day, and ground forces moving south
Uh-oh! Queues at gas stations in #Libya A sign that people are nervous about what will happen next.
2- the completely reversal & return to conflict mode on all sides will benefit hardliners on all sides calling for an all out war. #Libya
3- Additionally, return to a conflict mode will result in the emergence of new alliances &opening of new war fronts in various areas. #Libya
4- Return to conflict mode will result in further deterioration in living & economic conditions w potential impact on oil production. #Libya
6- Such direction means all sides currently involved in rapprochement/political efforts will need to push forward for a settlement. #Libya
7- Such attitude would give the opposite result of what hardliners intended with such an escalation. depriving them the opportunity. #Libya
3rd Force given 72 hours to leave South after recent massacre.
Third Force Commander , suspending pending completion of investigation , accuses PC of double standards when it comes to Dignity Operations.
Joint Statement by Ambs of China, France, Russia, UK, US on #Brakshati & call to refrain from escalation #Libya https://www.gov.uk/government/news/joint-statement-on-the-recent-violence-around-brak-al-shatti-airbase …
141 died in Brak massacre says Mismari -
Misratan lawmakers deplore Brak Al Shatti slaughter but military justify it -
Benghazi HoR member targeted in assassination attempt - https://www.libyaherald.com/2017/05/19/benghazi-hor-member-targeted-in-assassination-attempt/ …
Geneva dialogue meeting ends with call for end to military escalation. -
Algeria condemns Brak masscare -
Serraj suspends Barghathi over the Brak Al-Shatti massacre - https://www.libyaherald.com/2017/05/19/serraj-suspends-barghathi-over-the-brak-al-shatti-massacre/ …
Odds & Ends....
Wow ! OKC Thunder player Enes Kanter held in Romania and subject to deportation to Turkey. Kane is an avowed , public supporter of Gulen
Mosul a primary focus of media attention , but Basra , Baghdad and other locations targeted regularly by ISIS.
Very bad day in #Iraq. •Double bombing in Abu Disheer, southern Baghdad: 13 dead, 15 wounded. •Double bombing in Basra: 8 dead, 7 wounded.