Saudi Arabia, Bahrain, the UAE, Egypt, Yemen and Libya announced on Monday that they were cutting diplomatic relations with Qatar, alluding to this country’s links with terrorism. But how will this crisis affect Qatar’s investments in Spain? It could affect the sovereign funds’ investments in infrastructure as well as in the sponsorship of various football clubs.
The situation for Qatar is precarious, says former US Ambassador Gary Grappo. Its best bet may be diplomatic intervention by a friendly neutral state.