Clash Report
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Breaking news, reports, and opinions from ongoing clashes of the world. English| Türkçe| Français| عربي

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Saudi Arabia Looks to Its Richest Families for Fresh Cash

Saudi Arabia is turning to its wealthiest families to help fund the next phase of Crown Prince Mohammed bin Salman’s economic overhaul as pressure grows on public finances.

The Public Investment Fund has met with prominent families to gauge interest in investing alongside the state, while government agencies are increasing outreach to family offices and local businesses.

With oil revenues weaker and banks tightening lending, Riyadh is seeking alternative sources of capital. Family-owned firms — which dominate the private sector — are being encouraged to invest in areas such as private credit, technology, mining and real estate, and to partner with global investors.

Officials hope this will unlock hundreds of billions of dollars in domestic wealth to support Vision 2030 projects.

Source: Bloomberg
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Keir Starmer has arrived in China.
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Iranian Foreign Minister Araghchi:

A negotiation proposal has not been presented by us. Various mediators are, of course, getting in touch.

Different countries are trying with good intentions, and we are in contact with them, of course.

However, no decision has been made yet. There is also no such request from our side.
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Syrian President Ahmed al-Sharaa has arrived in Moscow.

He will meet with Putin.
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EU's Kaja Kallas:

Superpowers often overestimate their own power and underestimate their need for others.

You need others, always.
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EU's Kaja Kallas:

We were naive for years about technological dependence.

We didn’t know.

Over 90% of batteries and critical raw materials come from one supplier.
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EU’s Kaja Kallas:

Europe is no longer Washington’s primary center of gravity. The shift has been ongoing for a while. It is structural, not temporary.

No great power in history has ever outsourced its survival and survived.

The risk of a return to coercive power politics and a world where might makes right is very real.

Canada's Prime Minister Mark Carney hit the nail on its head in his own speech in Davos: it's time also for Europe to take down its sign.

We are now dangerously close to the third bell.
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EU’s Kaja Kallas:

NATO needs to become more European to maintain its strength.

And for that, Europe must act.
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EU’s Kaja Kallas:

We must be able to win the fight tonight and be ready tomorrow.

What geopolitical role do we want Europe to play?

Could we establish EU military capabilities financed and owned by the member states?
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EU’s Kaja Kallas:

Europe can be slow. Unanimity means we cannot always act at the speed of relevance.

Of course, there are policy differences among member states. This is all natural.

But unanimity is also used by some as a bargaining tool, and it cannot be that one country’s veto defines the policy for others.
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EU’s Kaja Kallas:

We should dare to consider the Q-word, meaning a gradual extension of qualified majority in common foreign and security policy.
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German police officer in Berlin tells a pro-Palestine protester she could be arrested for chanting “Free Palestine, from the river to the sea.”
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Trump:

A massive Armada is heading to Iran. It is moving quickly, with great power, enthusiasm, and purpose.

It is a larger fleet, headed by the great Aircraft Carrier Abraham Lincoln, than that sent to Venezuela. Like with Venezuela, it is, ready, willing, and able to rapidly fulfill its mission, with speed and violence, if necessary.

Hopefully Iran will quickly “Come to the Table” and negotiate a fair and equitable deal - NO NUCLEAR WEAPONS - one that is good for all parties. Time is running out, it is truly of the essence!

As I told Iran once before, MAKE A DEAL! They didn’t, and there was “Operation Midnight Hammer,” a major destruction of Iran.

The next attack will be far worse! Don’t make that happen again.

READ MORE
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Kremlin aide Ushakov:

If Zelensky is indeed ready for a meeting, then please, we invite him to Moscow.
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Portugal Wants to Follow Türkiye’s Drone Path

Portugal’s Defense Minister Nuno Melo visited Türkiye to strengthen defense and technology cooperation, highlighting Baykar’s drone industry and stressing that ties with Türkiye are based on NATO unity, technology, and mutual production, not ideology.

He rejected ideological limits on partnerships, saying:

“We cannot be in NATO and think NATO allies are something else entirely. Türkiye is a very important NATO member country.”

Melo praised Turkish military technology during his visit to Baykar:

“What we see here is cutting-edge technology, the best that is made in the world.”

Referring to Baykar’s unmanned fighter jet Kızılelma, he said Portugal wants to follow a similar path:

“In Portugal, we will also follow that path at our scale.”

He also framed cooperation as a two-way industrial relationship:

“Türkiye can also acquire what is produced in Portugal… Portugal is not only a space for investment. Portugal is a space for production.”

Source: Diário de Notícias
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Iran’s Deputy Foreign Minister to Tasnim:

There are currently no negotiations with Washington, but messages are being exchanged with.

Even if we sit with Washington for negotiations, this will not reduce our preparedness for any possible war.

Any limited American attack will be met with an appropriate response.

Our priority is not negotiations with Washington, but full readiness to defend our country.
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Macron:

Recent events confirm that the situation in Greenland is a strategic wake-up call for all of Europe.

On the affirmation of our European sovereignty… on the fight against foreign interference and disinformation… and on a privileged partnership for sustainable development and reducing strategic dependencies.
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Macron is still rocking his sunglasses a week after his Davos speech.
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Danish Prime Minister Mette Frederiksen:

I think there are some lessons learned in the last couple of weeks for Europe.

If somebody is threatening us from outside, we will stand up together and we will respond.
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NOW: Syrian President Ahmad al-Sharaa arrives at the Kremlin.
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