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Tag: Saudi Arabia

Barack Obama

At Summit, Gulf States Need to Measure Obama’s Promises Against His Actions

“Peanuts” fans well remember a recurring Fall theme in the Charles Schulz comic strip: Lucy holding a football on the ground for Charlie Brown to kick, only to remove it at the last second. Each season, Lucy repeatedly assured Charlie “this time” would be different. A gullible Charlie repeatedly put his faith in Lucy, but readers did not. They knew she had no compunction about lying.

Reuters

Arab Nations to Meet over ISIS Takeover of Libya

An unnamed Arab League source tells Gannett’s Defense News that the heads of state of seven Arab countries will meet with Libyan officials on May 18 to discuss possible military intervention in that nation, as the Islamic State continues to expand its influence over large swaths of the country.

AFP Photo/Fayez Nureldine

Saudi King Sacks Photographer-Slapping Aide

Saudi King Salman has been on something of a good-manners mission of late, disciplining members of the royal family and its employees for rude behavior. The latest to earn his ire, and get a pink slip in the bargain, was Mohammed al-Tobayashi, the head of royal protocol. Tobayashi made the mistake of thinking “royal protocol” included slapping a photographer in public.

King-Salman_AP

Saudi Arabia Has World’s Worst Negative Cash Flow

Saudi Arabia is still rich, but they are burning through their foreign reserve cash at a record pace due to lower oil prices and an unwillingness to cut the domestic spending that ensures the survival of the royal family. With the nation hemorrhaging cash, Saudi Arabia’s total foreign reserves fell by 5 percent, or $36 billion in just the last two months.