THE TELEGRAPH: Sovereign wealth fund backs £400m refinancing of struggling financial district
Qatar has backed a £400m refinancing of struggling Canary Wharf in its first significant UK deal since the terror attacks on Israel sparked criticism of its links to Hamas.
Canary Wharf Group (CWG) secured hundreds of millions of pounds in extra financing from Qatar’s sovereign wealth fund and its Canadian co-owner on Wednesday as the landlord struggles with high vacancy rates.
The Gulf sheikhdom’s sovereign wealth fund, together with Brookfield Asset Management, committed £400m in equity and credit to shore up the business.
The finance injection comes as Rishi Sunak faces calls to impose sanctions on Qatar for continuing to host the Hamas leaders who directed the deadly attack on Israel earlier this month.
The former Qatari prime minister, Sheikh Hamad bin Jassim bin Jaber Al Thani, has previously been accused of anti-Semitism by the Middle East Media Research Institute after he reportedly told a Kuwaiti newspaper: “Imagine oil [was sold] by some Jews…what would be the price of a barrel of oil?” » | Gareth Corfield \ Wednesday, October 25, 2023
Islam is an existential threat to the West. There is absolutely no doubt about it. The West will never be able to co-exist with Islam. One side will inevitably get the upper hand eventually.
When I say this, I am not being belligerent; rather, I am being truthful and prudent.
The West thinks it has the upper hand because of its advanced science and technology. It doesn’t. Disabuse yourselves of that notion! In many ways, it is Islam that has the upper hand; and for three main reasons: Sheer numbers and high birthrates; Islam’s commitment to the Islamization of the world. (When they say that the whole world belongs to Allah, they mean it. They are serious. Very serious. Damn serious!); and the West’s greed. The West’s insatiable appetite for profit. There is no end to the greed of corporations. CEOs and boards of directors would sell their own grandmothers for a few extra million. There isn’t enough money to be had for the blackguards.
Contrast this despicable behaviour with the nobler and cleverer behaviour and attitudes of Muslims in high places. They never sell-off their own assets and, further, they buy up key businesses in the West. This empowers the Ummah, the community of Muslims worldwide, and , of course, it empowers the ruling class in the Gulf; and such purchases pad out even more their coffers. Western suckers are only too willing to oblige.
Only today, it is being reported that the Telegraph, the very newspaper from which the above article is sourced, could be sold to Qatari investors. Imagine how much power the Islamic world will then wield over Britain’s ability to disseminate truth and write stories in an unbiassed way! This sort of thing is happening today right across the West. Politicians are only too willing to sanction these purchases for a few backhanders. The little people have little hope.
Never forget the old adage: ‘He who pays the piper calls the tune.’ – © Mark Alexander
