Biden says a deal may be on the way with Saudi Arabia

Biden says a deal may be on the way with Saudi Arabia


U.S. President Joe Biden attends a press conference to produce remarks on the financial state at Auburn Manufacturing, a corporation that creates warmth- and fireplace-resistant fabrics for a variety of industrial uses in the U.S. and abroad, in Auburn, Maine, U.S. July 28, 2023. 

Jonathan Ernst | Reuters

U.S. President Joe Biden mentioned on Friday a offer could be on the way with Saudi Arabia.

Biden, who was talking at campaign fundraiser in Maine, did not give aspects about the doable offer.

On Thursday, the New York Occasions revealed a column by Thomas Friedman in which he claimed Biden was thinking about whether to pursue a U.S.-Saudi mutual protection pact that would contain Saudi Arabia normalizing relations with Israel.



Supply

CNBC Daily Open: Iran’s desire for a ceasefire lifts U.S. markets, but could be one-sided
World

CNBC Daily Open: Iran’s desire for a ceasefire lifts U.S. markets, but could be one-sided

Smoke rises after a reported Israeli strike on a building used by Islamic Republic of Iran News Network, part of Iran’s state TV broadcaster, on June 16, 2025 in Tehran, Iran. Stringer | Getty Images News | Getty Images The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. As early […]

Read More
How Vantage created a new asset class for European investors to gain exposure to cloud and AI data centers
World

How Vantage created a new asset class for European investors to gain exposure to cloud and AI data centers

A notable bond deal earlier this month not only provided hundreds of millions of euros to Vantage Data Centers but also created a new asset class for investors across Europe and a blueprint for similar companies to follow. Denver-based Vantage raised 720 million euros ($820 million) through the continent’s first euro-denominated bond deal backed by […]

Read More
Asia-Pacific markets trade mixed as investors assess Israel-Iran conflict; BOJ stands pat on rates
World

Asia-Pacific markets trade mixed as investors assess Israel-Iran conflict; BOJ stands pat on rates

Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets traded mixed Tuesday, as investors assessed the Israel-Iran conflict after U.S. President Donald Trump urged “everyone” to immediately evacuate Tehran. The president subsequently left the Group of Seven summit a day earlier due to the Middle East crisis. Fitch Ratings […]

Read More