MUST-READS

• War in Yemen
  Houthi Rebels Release FLIR Video Showing Shoot Down of Saudi F-15S Over Yemen

  Houthi rebels have released video they claim shows the exact moment they shot down Royal Saudi Air Force F-15S over Yemen. The Iranian-supported militants appear to have at least tracked the jet using a repurposed FLIR Systems Star SAFIRE sensor turret, which features an infrared camera.

• U.S.-Pakistan
  Will Pakistan Close NATO’s Supply Routes into Afghanistan? Mattis Plays Down Possibility

  U.S. Defense Secretary Jim Mattis played down the prospect that Pakistan might close NATO’s supply routes into Afghanistan after the Trump administration said it would suspend military aid to Islamabad.

• Iran Unrest
  More than 1,000 detained in crackdown against Iran protests, rights groups say

  More than a thousand people have been rounded up and detained in Iran over the past week, rights groups and the State Department said Thursday, as authorities try to quell the largest street protests in nearly a decade.

• Corruption Crackdown
  Saudi Arabia to Freeze More Bank Accounts in Crackdown

  Saudi Arabia’s crackdown on alleged corruption showed no signs of letting up, with more people being questioned and banks freezing more accounts, according to people familiar with the situation.

• Corruption Crackdown
  Saudi Arabia to Set Up Entity for Assets Taken in Crackdown

  Saudi authorities are hoping to reach agreements with detainees “within weeks” after the arrests at the beginning of November, according to the kingdom’s attorney general. Authorities could recover as much as $100 billion from the settlement deals, according to Crown Prince Mohammed bin Salman.

• Missile Defense
  Did the Saudis Shoot Down a Houthi Missile on Nov. 4? It Doesn’t Much Matter

  Bottom line: other allies counting on the extra defensive capabilities of the Patriot system have ample reason to be confident in the usefulness of the system, but should never count on the system intercepting every single enemy missile.

• Softbank
  SoftBank’s Saudi Connections Could Mean Cash After Crackdown

  Billionaire Masayoshi Son may be getting closer to achieving his dream of making SoftBank Group Corp. the world’s biggest investor in technologies. The reason has to do with the main patron of Son’s $100 billion investment plan, Saudi Arabia’s Crown Prince Mohammed bin Salman.

• GCC Summit
  Saudi King Absent at Gulf Summit Overshadowed by Qatar Crisis

  The Qatari emir was the only head of state -- other than his Kuwaiti host -- at a Gulf summit Tuesday, as leaders including Saudi Arabia’s King Salman stayed away from a meeting overshadowed by the rift with Qatar.

• Corruption Crackdown
  CS’ Iqbal Calls Saudi Corruption Crackdown Positive: Video

  Credit Suisse Head of Middle East Research Fahd Iqbal discusses the impact of Middle East political developments on the markets.

• Investment Attitudes
  Mideast funds positive on Saudi Arabia after corruption crackdown: Reuters poll

  Middle East fund managers have become more positive toward Saudi Arabian equities after authorities launched a sweeping crackdown on corruption, a monthly Reuters poll showed on Thursday. Forty-six percent of funds now expect to raise their allocations to the Saudi stock market in the next three months and none to reduce them, according to the poll of 13 leading managers, conducted over the past week.)

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