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Hashtag #الملك_يحارب_الفساد trending on $TWTR right now. Which apparently translates as #King_Fights_Corruption. Other Middle East events of note today. Lebane

by indescions_2017 9y ago

Hashtag #الملك_يحارب_الفساد trending on $TWTR right now. Which apparently translates as #King_Fights_Corruption. Other Middle East events of note today. Lebanese PM Hariri resigns over Hezbollah security situation. Trump urges Saudi Aramco IPO on NYSE. ASEAN conference may include talks of a Qatari oil blockade. Yemen's Houthi-controlled air ministry fires a missile at the Riyadh airport, that was intercepted by the Saudis. And now what appears to be a coup with a dozen members of the royal family charged with "corruption". Besides a consolidation of power, asset forfeiture, or other conspiracy theories. Wondering if any Arabic speakers may have a deeper insight as to timing of these remarkable event ;)

rz2k 9y ago
I don’t live in the Middle East and do not speak Arabic, but arguably the coup occurred in June.[1] Saudi Arabia faces an unfavorable trend where less of world GDP will be allocated to purchase oil, and a growing royal family that expects a continued high quality of life and massive amounts of imported labor. It is also jockeying with Iran to be the most influential power in the region. It is difficult to think of what the best solution is for such a difficult problem. Shifting away from an economy based on extracting rents to one with more enterprise, such as engaging with the sorts of businesses Prince Alwaleed invested in seems like a wise decision. The new heir seems to favor boldness, such as pursuing whatever Saudi Arabia’s goals are in Yemen right now. Based on the context of what the leadership is going through right now, actual corruption seems unlikely to have anything to do with this charge. https://www.reuters.com/article/us-saudi-palace-coup/addiction-and-intrigue-inside-the-saudi-palace-coup-idUSKBN1A41IS https://www.reuters.com/article/us-saudi-palace-coup/addicti...

rz2k 9y ago

I don’t live in the Middle East and do not speak Arabic, but arguably the coup occurred in June.[1] Saudi Arabia faces an unfavorable trend where less of world GDP will be allocated to purchase oil, and a growing royal family that expects a continued high quality of life and massive amounts of imported labor. It is also jockeying with Iran to be the most influential power in the region. It is difficult to think of what the best solution is for such a difficult problem. Shifting away from an economy based on extracting rents to one with more enterprise, such as engaging with the sorts of businesses Prince Alwaleed invested in seems like a wise decision. The new heir seems to favor boldness, such as pursuing whatever Saudi Arabia’s goals are in Yemen right now. Based on the context of what the leadership is going through right now, actual corruption seems unlikely to have anything to do with this charge. https://www.reuters.com/article/us-saudi-palace-coup/addiction-and-intrigue-inside-the-saudi-palace-coup-idUSKBN1A41IS https://www.reuters.com/article/us-saudi-palace-coup/addicti...