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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
by 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...