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Saudi Arabia
07/19/2024
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By Kevin Hughes
Saudi Arabia’s Vision 2030 economic revival plan strains the kingdom’s finances amid delays, budget cuts and a growing government deficit
Crown Prince Mohammed bin Salman introduced Vision 2030 – his blueprint for a life after oil – eight years ago. Now, the economic revival project has strained the kingdom’s finances amid delays, budget cuts and the government’s growing deficit. With the government’s budget in deficit for six consecutive quarters, Saudi Arabia has become the largest issuer […]
07/11/2024
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By Cassie B.
Saudi Arabia threatened to sell European debts if G7 confiscates Russian assets
Saudi Arabia threatened to sell off some of its European debt holdings earlier this year if the G7 went forward with rumored plans to seize nearly $300 billion in Russian assets it had frozen. One source who was aware of the discussions described it to Bloomberg as a “veiled threat,” while two sources said that […]
06/20/2024
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By Ethan Huff
Saudi Crown Prince Salman calls for Netanyahu to be held criminally responsible for crimes against Palestinians
A renewed call for peace and safety in the Middle East has come from Crown Prince Mohammed bin Salman of Saudi Arabia, who in a public speech called for Israeli Prime Minister Benjamin Netanyahu to pay for what he has done in the Gaza Strip. Addressing a room full of regional leaders in the Middle […]
06/14/2024
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By Ethan Huff
Saudi Arabia lets 50-year U.S. petrodollar partnership expire, portending the END of the petro dollar
Federal Reserve Notes (FRN) are on the chopping block after oil giant Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States. At midnight on June 9, 2024, the longstanding partnership officially came to an end, allowing Saudi Arabia to start selling oil and other goods in non-U.S. dollar currencies such […]
05/15/2024
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By Ava Grace
Saudi Arabia VIOLENTLY EVICTED thousands to make way for its “green” city Neom
Saudi Arabian officials have reportedly allowed the use of lethal force against local villagers to clear land and construct the “green” city named Neom, or “The Line.” Saudi Arabian dissident and former colonel and intelligence officer in the Saudi Arabian secret police Rabih Alenezi, who is now living in exile in the United Kingdom, noted how […]
05/14/2024
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By Richard Brown
Netanyahu proposes establishing a CIVILIAN GOVERNMENT in Gaza while his troops continue to slaughter more civilians
Prime Minister Benjamin Netanyahu shared his vision for the future governance of Gaza, expressing a desire for a demilitarized civilian administration supported by Saudi Arabia and the United Arab Emirates. In an interview with U.S. talk show host Dr. Phil, Netanyahu emphasized the importance of continuous demilitarization to prevent the resurgence of terrorist threats even […]
05/13/2024
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By Ethan Huff
Israel’s post-war plan for Gaza puts Israel, U.S. in charge of the very people they’re trying to exterminate
Once the dust settles after the Netanyahu regime finishes its ethnic cleansing operation in Gaza, Israel wants to share the loot with the United States and a coalition of Arab nations, sources close to Israeli Prime Minister Benjamin Netanyahu are saying. In statements made to The New York Times, the sources indicated that Netanyahu wants […]
02/13/2024
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By Richard Brown
Saudi Arabia warns of “VERY SERIOUS REPERCUSSIONS” if Israel storms Rafah
Saudi Arabia’s Foreign Ministry has issued a stern warning to Israel and its allies, cautioning them of “very serious repercussions” should West Jerusalem proceed with its planned ground offensive against Hamas in Rafah, Gaza’s last refuge for civilians displaced by the ongoing conflict. The ministry’s statement strongly condemned the anticipated “storming and targeting” of Rafah, where […]
02/02/2024
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By Ramon Tomey
DEDOLLARIZATION IN FULL SWING: Oil giant Saudi Arabia formally joins BRICS group alongside UAE, Iran, Egypt and Ethiopia
The oil-rich kingdom of Saudi Arabia has formally joined the BRICS group alongside four other countries. South African International Relations Minister Naledi Pandor confirmed the full membership of Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates (UAE) during a Jan. 31 press briefing in the capital Pretoria. The five nations accepted the invitation […]
02/01/2024
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By Arsenio Toledo
White House reviewing possibility of extending recognition to a Palestinian state after war in Gaza
Secretary of State Antony Blinken has reportedly asked the Department of State to conduct a review and present him with policy options in case the United States extends official recognition to a Palestinian state after Israel concludes its military operations in the Gaza Strip. For decades before the current conflict in Gaza, U.S. government policy has […]
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