Saudi Arabia faces scrutiny over F-35 purchase and Paramount stake
The US approved a potential $24 billion sale of F-35 jets to Saudi Arabia, despite intelligence concerns, while the FCC allowed Paramount to sell 49.5% equity to Saudi Arabia, UAE, and Qatar.
๐ฟ๏ธ Saudi Arabia leverages its oil wealth to acquire both cutting-edge military hardware and a foothold in Western media, raising dual alarms over regional arms races and media independence.