Part of the reason why Europe is proving more profitable is that cheque-book journalism is not yet the norm in America.

ECONOMIST: Monica misses out in America | The

Moreover, the kingdom has more reason than ever to use cheque-book diplomacy in a bid to win friends and influence people throughout the region.

BBC: Why Saudi rulers feel under siege

Paris Saint-Germain takes out the cheque book and seems to find it difficult to put it away again.

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