Saudi Arabia's standoff with Qatar could sink the Gulf region into a recession

Thomson Reuters Gulf nations have blockaded Qatar for five months now, demanding the small, Shi'ite nation shut down its Al Jazeera news station. Qatari leadership has stood its ground, but the standoff could plunge the region into an economic depression. Five months into the Gulf’s blockade against Qatar, and neither side looks ready to budge. But the repercussions of the ongoing spat—and Kuwait’s failure to end the dispute—could deliver a huge blow to the Gulf economy. Doha has stood i...