Latest / The Smashi Business Show
Saudi Arms Sale, Turkish Bank Sanctions & Lebanon AuditSaudi Arms Sale, Turkish Bank Sanctions & Lebanon Audit
The US approves a proposed $5 billion arms package for Saudi Arabia as the Kingdom faces heightened regional threats. Washington also sanctions Turkey’s Golden Global Bank over alleged Iran-linked transactions, while the lender denies the accusations and prepares legal action. In Lebanon, Alvarez & Marsal begins a new forensic audit of Banque du Liban, examining crisis-era foreign asset operations and fund flows. Today’s show looks at how regional conflict, financial sanctions and accountability are reshaping the Middle East’s economic landscape.
The skinny
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