
Co-dependence of Gulf economies means that Qatar will be hurt by diplomatic spat
5 Hours Ago | 01:01
Qatar`s Foreign minister said on Tuesday Doha was ready for mediation efforts after the Arab world`s biggest powers severed ties with it, adding that Qatar`s ruler had delayed a speech in order to give Kuwait a chance to ease regional tensions.
Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated move on Monday. Yemen, Libya`s eastern-based government and the Maldives joined later and transport links were shut down.
Sheikh Tamim bin Hamad Al-Thani spoke by telephone overnight with his counterpart in Kuwait, which has maintained diplomatic ties with Qatar, and decided to postpone a speech to the Qatari people as requested.
Doha also decided not to retaliate against the measures.
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