Gulf states condemn law letting 9/11 families sue Saudi Arabia
- Wall Street falls as investors ready for Trump's inauguration
- IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus
- American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit
- Skyworks Solutions (SWKS) Tops Q1 EPS by 3c, Offers Q2 Guidance, Announces Buyback
- After-Hours Stock Movers 01/19: (SWKS) (QRVO) (NVAX) Higher; (AFMD) (SGYP) (IBM) Lower (more...)
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
DUBAI (Reuters) - The Saudi-dominated Gulf Cooperation Council (GCC) on Monday condemned a law passed by the United States Congress last week that would allow the families of victims of the Sept. 11 attacks to sue the kingdom's government for damages.
The head of the six-nation GCC said the law was "contrary to the foundations and principles of relations between states and the principle of sovereign immunity enjoyed by states," GCC Secretary General Abdullatif al-Zayani said in a statement.
Qatar and the United Arab Emirates also issued condemnations of the bill.
"Such laws will negatively affect the international efforts and international cooperation to combat terrorism," UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan said in a statement carried by state news agency WAM.
The U.S. House of Representatives passed the "Justice Against Sponsors of Terrorism Act," known as JASTA, on Friday but the White House has threatened to veto the measure.
Fifteen of the 19 hijackers who crashed airliners in New York, outside Washington and in Pennsylvania on Sept. 11, 2001 were Saudi nationals, but the Saudi government has strongly denied responsibility and has lobbied against the bill.
(Writing By Noah Browning; Editing by Andrew Heavens)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- On Inauguration Eve, Trumpsters party in the 'swamp' of Washington
- China asks foreign diplomats for closer cooperation in anti-graft war
- Nason, former Treasury official, being vetted for Fed role: sources
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!