Here's how to deal with the Khashoggi incident

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Enea Gjoza"data-reactid =" 22 ">Enea Gjoza

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Security, Middle East"data-reactid =" 23 ">Security, Middle East

Here's a hint: these are not penalties.

Here's how to deal with the Khashoggi incident

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Now that Saudi Arabia would have recognized dissident journalist Jamal Khashoggi was killed in a Saudi consulate in Turkey, the Congress asks punishments on the Kingdom will probably become stronger, putting increased pressure on the White House to act. However, while Khashoggi's merciless murder prevents the United States from turning a blind eye, punishing the Saudis would be a mistake. "Data-reactid =" 26 ">Now that Saudi Arabia would have Recognized that dissident journalist Jamal Khashoggi was killed in a Saudi consulate in Turkey, Congressional appeals for sanctions against the Kingdom are likely to intensify, which will further encourage the White House to take action. However, while Khashoggi's merciless murder prevents the United States from turning a blind eye, punishing the Saudis would be a mistake.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Saudi Arabia has already promised to take revenge disproportionate against any sanction and against the oil markets would, of course, be the first victim of the economic war with the Kingdom. Some analysts to predict oil could rise up to $ 400 a barrel from its current price of $ 72 in case of disagreement. However, long-term sanctions would have the greatest impact on existing economic relations and the dollar itself. "Data-reactid =" 27 ">Saudi Arabia has already promised to take revenge Disproportionately against the sanctions and the oil markets, it would be obviously the first victim of the economic war with the Kingdom. Some analysts predict that oil could rise to $ 400 a barrel from its current price of $ 72 in case of disagreement. However, the long-term impact of the most serious sanctions would be to upset existing economic relations and the dollar itself.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In an editorial in Al Arabiya, Saudi journalist Turki Aldakhil discussed some of the thirty proposed measures have been proposed to the Kingdom leaders on how to react to possible sanctions imposed by the United States. Perhaps the most worrying is that a barrel of oil may be denominated in a different currency, the Chinese yuan, perhaps, instead of the dollar. "" Data-reactid = "28">In an editorial in Al Arabiya, Saudi journalist Turki Aldakhil discussed some of the thirty measures proposed among the Kingdom's leaders on how to react to potential sanctions imposed by the United States. Perhaps the most worrying was that a barrel of oil could be denominated in a different currency, the Chinese yuan, perhaps, instead of the dollar.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "By threatening to deviate from the long-standing policy of drying up its oil in dollars, which has enshrined the role of the dollar as a de facto currency in commodity markets, the Saudis are seeking to hit the United States. United where it hurts. Naming the yuan is a nod to China's recent declaration. attempts to increase acceptance of its currency as a means of international exchange and to launch yuan-denominated oil futures. As the largest oil importer in the world, China already has a heavy weight in the markets, but the decision of a critical producer like Saudi Arabia to move away from the dollar could have a cascading effect that would open the door. leads to a defection of the other actors. "data-reactid =" 29 ">By threatening to deviate from the long-standing policy of drying up its oil in dollars, which has enshrined the role of the dollar as a de facto currency in commodity markets, the Saudis are seeking to hit the United States. United where it hurts. Naming the yuan is a nod to China's recent declaration. is trying both to better accept its currency as a means of international exchange and to launch yuan-denominated oil futures. As the largest oil importer in the world, China already has a heavy weight in the markets, but the decision of a critical producer like Saudi Arabia to move away from the dollar could have a cascading effect that would open the door. leads to a defection of the other actors.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The status of the dollar as the world's reserve currency constitutes the link of the United States, gives the United States the sanction and strengthens America's ability to dictate to businesses and financial institutions around the world. Any attempt to undermine it would have far-reaching negative consequences for the economic well-being of the United States and its ability to influence economic norms and rule-making in the world. "Data-reactid =" 30 ">The status of the dollar as the world's reserve currency constitutes the link between the economic power of the United States, the United States sanction sanctions and strengthens the ability of the United States to dictate to businesses and financial institutions around the world. Any attempt to undermine it would have far-reaching negative consequences for both the economic well-being of the United States and its ability to influence economic norms and rule-making around the world.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "If Saudi Arabia was the only country injured, it would be reasonable to punish it. However, over the past two decades, the United States has aggressively used sanctions and other forms of economic warfare against many countries, including Russia, Iran, North Korea, and Turkey. Secondary sanctions, which punish companies in non-target countries that deal with a sanctioned entity by excluding them from the US market, have an impact on European Union and China"data-reactid =" 31 ">If Saudi Arabia was the only country injured, it would be reasonable to punish it. However, over the past two decades, the United States has aggressively used sanctions and other forms of economic warfare against many countries, including Russia, Iran, North Korea, and Turkey. Secondary sanctions, which punish companies in non-target countries that deal with a sanctioned entity by excluding them from the US market, have an impact on European Union and China.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Politicians have long dismissed sanctions as an inexpensive way to punish misbehaving nations and force the United States to comply with US policy, but the result has been fueling the discontent with the disproportionate economic power of the United States between friends and foes. China and Russia have both worked to find alternatives to US-dominated economic institutions, and even their European allies are concerned about America's ability to unilaterally punish other nations economically. This is manifested by calls for the construction of a alternative The international interbank messaging system SWIFT – which the US has used as a form of leverage in the sanctions policy – would be beyond US control. "data-reactid =" 32 ">Politicians have long dismissed sanctions as an inexpensive way to punish misbehaving nations and force the United States to comply with US policy, but the result has been fueling the discontent with the disproportionate economic power of the United States between friends and foes. Both China and Russia have been working to find alternatives to US-dominated economic institutions and even their European allies are concerned about America's ability to unilaterally punish other nations economically. . This has resulted in calls to build an alternative to the international interbank messaging system SWIFT – which the US has used as a form of leverage in sanctions policy – that would escape US control.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The addition of Saudi Arabia to the list of aggrieved partners would not be wise. The Kingdom would be able to find other economic partners if the United States sought to apply the screws, and its regional weight and importance in the oil markets would make isolation difficult. Removing from the dollar is expensive and impractical, and since the Saudis were generally comfortable with the US-led economic order, it would be unlikely that they would be able to do so. Give up without an urgent impulse. Therefore, providing this shake by applying sanctions to their economy would help destroy one of the main pillars of dollar dominance."data-reactid =" 33 ">The addition of Saudi Arabia to the list of aggrieved partners would not be wise. The Kingdom would be able to find other economic partners if the United States sought to apply the screws, and its regional weight and importance in the oil markets would make isolation difficult. Removing from the dollar is expensive and impractical, and since the Saudis were generally comfortable with the US-led economic order, it would be unlikely that they would be able to do so. Give up without an urgent impulse. Therefore, providing this shake by applying sanctions to their economy would help destroy one of the main pillars of dollar dominance.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Given the shameless nature of Khashoggi's execution, the United States will probably have to take action. However, the punishment should be of a political nature, just like the murder itself."data-reactid =" 34 ">Given the shameless nature of Khashoggi's execution, the United States will probably have to take action. However, the punishment should be of a political nature, just like the murder itself.