The body of a young Saudi citizen who went missing on Friday has been found in a lake in the northern US.
Abdulrahman Al Anzi, 29, drowned in Lake Erie during a stay in Cleveland, Ohio, local news channel Fox 8 reported.
Police were called to the scene on Monday and Mr Al Anzi's body was recovered by the Cleveland Fire Department.
Mr Al Anzi's elder brother Badr told Okaz newspaper that his brother accompanied him to the US nearly three months ago.
Mr Al Anzi went out to dinner with a relative on Thursday evening. He was not seen alive after walking away alone during the trip.
“I was informed of the disappearance of my brother at around 2.30am on Friday,” he said.
He informed the Saudi embassy and the consulate in the US and a search was led by local authorities.
Cleveland's police department tweeted that Mr Al Anzi was on a night out with his friends in the downtown area on Thursday night, At about 2.30am a group went to the East 9th Street Pier to look at the lake.
When his friends wanted to leave, Al Anzi reportedly walked away from them, the police and local Fox 8 News reported. The group searched for him without success, police said.
The incident happened days after Saudi citizen Al Walid Al Gharbi was stabbed to death in Philadelphia, Pennsylvania.
Nicole Marie Rodgers, 19, from Georgia, is accused of killing the student, 25, in his apartment building.
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
Ms Yang's top tips for parents new to the UAE
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