Sunday, September 15, 2019

Tag: House of Saud

The Future of U.S.-Saudi Relations

The Kingdom and the Power. The relationship between the United States and Saudi Arabia has come under unprecedented strains in recent years. U.S. President Barack Obama has openly questioned Riyadh’s value as an ally, accusing it of provoking sectarian conflict in the region. According to The Atlantic’s Jeffrey Goldberg, when...

The Untold Story Behind Saudi Arabia’s 41-Year U.S. Debt Secret

t was July 1974. A steady predawn drizzle had given way to overcast skies when William Simon, newly appointed U.S. Treasury secretary, and his deputy, Gerry Parsky, stepped onto an 8 a.m. flight from Andrews Air Force Base. On board, the mood was tense. That year, the oil crisis had hit home. An embargo by OPEC’s Arab nations - payback for U.S. military aid to the Israelis during the Yom Kippur War - quadrupled oil prices.

U.S.-Saudi Relations

The U.S.-Saudi Arabia alliance, which survived the oil embargo in 1973 and the attacks of September 11, 2001, in which fifteen of the nineteen passenger jet hijackers were Saudi citizens, is coming under new strains. A new generation of Saudi Arabian leaders is adjusting to what it sees as...

How Saudi Arabia Turned Its Greatest Weapon on Itself

For the past half-century, the world economy has been held hostage by just one country: the Kingdom of Saudi Arabia. Vast petroleum reserves and untapped production allowed the kingdom to play an outsize role as swing producer, filling or draining the global system at will. The 1973-74 oil embargo was...

Pre-9/11 Ties Haunt Saudis as New Accusations Surface

RIYADH, Saudi Arabia — During the 1980s and ’90s, the historic alliance between the wealthy monarchy of Saudi Arabia and the country’s powerful clerics emerged as the major financier of international jihad, channeling tens of millions of dollars to Muslim fighters in Afghanistan, Bosnia and elsewhere. Among the project’s...

Russia’s Oil Industry Not Designed for Swing Production

New rumors have surfaced regarding the potential for OPEC collaboration with other major producers—namely Russia—as oil prices continue to languish around $30 per barrel. This afternoon, fresh reports said that the head of Russia’s Transneft was in discussions with Saudi Arabia, and that both producers had sent signals of greater interest in...

Why a Saudi Aramco IPO Makes Absolutely No Sense for Saudi Arabia

The Saudi royal family’s total control of Arabia’s oil wealth is the root of all of its power, influence, and success. If Saudi Aramco goes public, Saudi Arabia will face an enormous existential dilemma. The Saudi royal family’s total control of Arabia’s oil wealth is the root of all of its...

Enough Already! It’s Time To Send The Despicable House Of Saud To The Dustbin...

The attached column by Pat Buchanan could not be more spot on. It slices through the misbegotten assumption that Saudi Arabia is our ally and that the safety and security of the citizens of Lincoln NE, Spokane WA and Springfield MA have anything to do with the religious and...

Saudi Arabia’s Religious Intolerance and the Execution of Sheikh Nimr al-Nimr

As the Middle East enters its sixth year of unrelenting turmoil, this past weekend witnessed an ominous escalation of sectarian tensions. It began with Saudi Arabia's execution on Friday of Shiite leader Sheikh Nimr al-Nimr, followed by Iran’s retaliatory attacks on Saudi diplomatic properties, and then a war of...

Saudi Arabia has little to worry about – no state has the moral authority...

We have to remember that on the UN Council we can find such vigorous defenders of human rights as China and Russia. When Saudi Arabia was elected to the UN Human Rights Council in 2013 – with Dave Cameron’s help – we all regarded it as farce. Now, only hours...

Saudi royal calls for regime change in Riyadh

Plea by grandson of state’s founder comes as falling oil prices, war in Yemen and loss of faith in authority buffet leadership of King Salman. A senior Saudi prince has launched an unprecedented call for change in the country’s leadership, as it faces its biggest challenge in years in the...

Saudi Option of Yemen War to Blow Iran P5+1 Deal

The Obama White House pulled out all the stops this week to indulge the «insecure» Persian Gulf Arab oil sheikhdoms. The assurances lavished by President Obama on his guests – with meetings in the Oval Office and later at the presidential retreat Camp David – may assuage Arab feelings...

Did Money Seal Israeli-Saudi Alliance?

For more than half a century, Saudi Arabia has tried to use its vast oil wealth to build a lobby in the United States that could rival the imposing Israel Lobby. At top dollar, the Saudis hired law firms and PR specialists – and exploited personal connections to powerful...

Saudis Face Defeat in Yemen and Instability at Home

“The interventions of US imperialism, with the direct collaboration of the Saudi monarchy, have plunged the entire Middle East into chaos and bloodshed—from the destruction of Iraq, to the transformation of Libya into a militia-ravaged “failed state,” to the ongoing carnage inflicted upon Syria … This predatory imperialist offensive threatens...

Saudi Arabia Pour Oil on the Mideast Fire

Saudi Arabia, now in alliance with Israel and with tacit U.S. approval, is dragging the Middle East into a nightmare of sectarian conflict, pitting its own warplanes and Sunni terrorists against Shiites, Christians and other minorities as part of a misguided competition with Iran, as Anthony F. Shaker describes. While...

Dollar Hegemony and the Iran Nuclear Issue: The Story behind the Story

“International treaties are being held hostage by the west. There has been a lot of interference inside Iran by Washington. The nuclear issue is just an excuse to undermine the Islamic Republic and has very little to do with anything else.” - Interview with RT by Soraya Sepahpour-Ulrich, 6 April 2015. This...

The War on Yemen: Where Oil and Geopolitics Mix

Everything about the war on Yemen is a smokescreen. Concealed behind the smoke is a tale of geopolitics and petro-politics that aims to control the Bab-el-Mandeb Strait and the Gulf of Aden. The House of Saud and a military coalition that consists mostly of anachronistic monarchies are claiming to bomb...

Mystery Behind Dropping Oil Prices Solved – Concerted Manipulation

Who’s surprised? Various stories had been invented by media houses across the Western world in an attempt to explain why oil prices have conveniently fallen, just in time to pressure Russia, Venezuela and Iran, and all while covert political subversion, attempts to sell all-out-war and other measures have completely...
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Jim Rickards: Obama’s Abandoning the Saudis for Iran and Dooming the Petrodollar

Jim Rickards, author of many best-selling economics and investing books, including his latest, titled The Death of Money. In this exclusive interview, Jim shares his view on the changes in US foreign policy—the newly announced partnership with Iran to help fight ISIS and recent moves away from the petrodollar...

Saudi Arabia is Playing with Fanatic Fire

How the Saudis (and the U.S.) have Perilously Exploited Radical Islam in their Pursuit of Power. As the new war on ISIS widens, and the media war drums pick up the tempo, some nice breaks in the rhythm have been the few peeps made about the role of the U.S....

In Saudi Arabia, unemployment and booming population drive growing poverty

A few miles from the blinged-out shopping malls of Saudi Arabia’s capital, Souad al-Shamir lives in a concrete house in a trash-strewn alley, with no job, no money, five children younger than 14 and an unemployed husband who is laid up with chronic heart problems. “We are at the bottom,”...

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