Stacy Summary: Bizarre story. Ras al-Khaimah overlooks the Straits of Hormuz and is major oil producer. Abu Dhabi, of course, has the world’s largest sovereign wealth fund. The Emirate is crawling with American lobbyists, ‘lobbyists’ and other ‘private equity’ sort of guys, while the Brits had to settle for control of Dubai. Interesting cast of characters here with the same old story (if slightly more bizarre and exaggerated in their claims) they always sell the media on these sort of coups (connected to terrorism if they are Muslim; Marxist dictators if they are Latin American) . . . Main players in this coup
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