Think that 2016 was a tough year for Saudi Arabia? Wait till you see 2017
By James M. Dorsey
2016 was not a good year for Saudi Arabia. Sharply lower oil prices sparked a domestic financial crisis that is forcing the country to restructure its economy. Saud Arabia’s bitter struggle with Iran for regional hegemony has embroiled it in wars and political conflicts it has been unable to win, leaving it no alternative but to admit …
Keep reading with a 7-day free trial
Subscribe to The Turbulent World with James M. Dorsey to keep reading this post and get 7 days of free access to the full post archives.