Saudi Arabia launched the sale of $17.5 billion of debt on Wednesday, according to two people familiar with the deal, in what would be the largest emerging-market bond issue. It is the kingdom’s first international bond sale, a bid to support a sweeping effort to keep its economy afloat as oil income dwindles. Read more.
The Navajo Nation will sue the Trump administration if it tries to reduce the size of the Bears Ears National Monument in Utah, its top lawyer told Reuters on Thursday, ahead of the release of a broad government review of such sites across the country. Read more.