Saudi Arabia’s post-oil future

  • metta

    Posts: 39090

    May 03, 2016 5:17 AM GMT
    Saudi Arabia’s post-oil future

    "IF ANYONE needed confirmation that Muhammad bin Salman, Saudi Arabia’s deputy crown prince, is a man in a hurry, they got it on April 25th. The 30-year-old unveiled a string of commitments to end the kingdom’s dependence on oil by 2030 which, in themselves, would be a remarkable achievement for a hidebound country. Then he proceeded to trump himself, saying that the kingdom could overcome “any dependence on oil” within a mere four years, by 2020."


    http://www.economist.com/news/middle-east-and-africa/21697673-bold-promises-bold-young-prince-they-will-be-hard-keep-saudi-arabias
  • tj85016

    Posts: 4123

    May 03, 2016 10:46 AM GMT
    they'll become yet another crooked banking center like London engaging in money laundering and market manipulation icon_lol.gif
  • interestingch...

    Posts: 694

    May 03, 2016 8:26 PM GMT
    tj85016 saidthey'll become yet another crooked banking center like London engaging in money laundering and market manipulation icon_lol.gif


    What do you mean become, they already are, who the hell do you think did 9/11, also the amount of insider trading that went on in the days leading up to that day, millions and millions were made by members of the Bush family as well as others including Saudi members of the government and probably the royals too, Larry Silverstein made $4.5 billion in the insurance payout. for all three buildings, the twin towers and building 7 which he said was brought down in a press conference, there were only very small office fires, they cannot bring down a 47 storey concrete and steel building at free fall speed and lands in its imprint, simple physics determines that that is impossible. All these big banks and many businesses all around the world are crooked not just one or two countries
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    May 15, 2016 9:55 AM GMT
    tj85016 saidthey'll become yet another crooked banking center like London engaging in money laundering and market manipulation icon_lol.gif


    Have you looked in your own back yard lately?

    US tax havens: The new Switzerland

    e2fd19c4-13aa-11e6-839f-2922947098f0.img

    After years of threatening Swiss and other foreign banks that helped Americans hide their money, the US stands accused of providing similar services for the rest of the world.

    http://www.ft.com/cms/s/0/cc46c644-12dd-11e6-839f-2922947098f0.html#axzz48iUQKxVQ