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September 10th, 2023 
Awake Goy 
A Spanish minister is attempting to block Saudi Arabia’s purchase of a major stake in Spanish telecommunications company Telefonica, in the first sign of a major counter against the Gulf kingdom’s global ambitions. On Tuesday, the state-run Saudi Telecom announced that it had purchased a 9.9 percent stake in Spain’s Telefonica worth €2.1 billion ($2.25 billion). The move, which would make the Saudi Telecom the largest shareholder in the Spanish company, reportedly caught Spanish officials off guard. Speaking to reporters in the Italian capital Rome yesterday, Spain’s acting labour minister and second deputy prime minister, Yolanda Diaz, stated that “we cannot allow the operation to continue”, primarily because “Telefonica manages the most important thing in our lives – data.” OPINION: […] Source
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