21st Century Wire says…
One of the top places you can see in Riyadh, as told by its taxi drivers, is ‘Chop Chop Square’ better known as Justice Square, where in the early daylight hours beheadings take place.
On a past visit to the ‘Kingdom’, it was disturbing to find out that only metres away outside Justice Square, a small children’s fairground was set up and ready for operation.
Ladies and gentleman, welcome to the Kingdom of Saudi Arabia.
Saudi Arabia considers itself as the leading nation of the Arab world and at times the entire Muslim world. Most Arabs and most Muslims do not agree. Saudi Arabia is indeed a country that many Arabs hate and many Muslims have grown to reject because of the extreme and intolerant religion called Wahhabism which is practised in the Kingdom. Wahhabism bares little resembles to the peaceful, brotherly religion that is mainstream Islam.
In spite of its wealth, Saudi Arabia might not be around forever. Here’s why
1. Oil Dependency
(MPN) Today’s Libya is virtually unrecognizable from the Libya of years past. Following the violent ouster of former Libyan leader Muammar Gaddafi in 2011, things have taken a turn for the worse as the north African nation declines further into failure.
Donald Trump and Saudi Defense Minister and Deputy Crown Prince Mohammed bin Salman arrive for lunch in the State Dining Room of the White House in Washington, March 14, 2017. (AP/Evan Vcci)
“Suspending disbelief” are the words that spring to mind, as Donald Trump declares that “Saudi Arabia is not paying its fair share for U.S. defense.” What could he be thinking?
A Saudi man walks at the Tadawul Saudi Stock Exchange, in Riyadh, Saudi Arabia. (AP/Hasan Jamali)
MINNEAPOLIS– While the geopolitical implications of Trump’s recent airstrikes against the Syrian government have dominated both mainstream and alternative news outlets, what has been largely overlooked thus far is their economic impact. Soon after the strikes took place, crude oil prices jumped, reaching a one-month high on Friday by surpassing 55 dollars per barrel.
(MPN) One of the major tenets of Donald Trump’s presidential campaign was his promise to bring about “complete American energy independence,” a promise that won him the unwavering support of the U.S. fossil fuel industry and several key endorsements.
The last few days have witnessed a further sharp fall in oil prices after the rally in late 2016 caused by the agreement between Russia and OPEC to cut oil output.
It is generally acknowledged that the terms of the agreement have been fulfilled, and that the two biggest producers – Saudi Arabia and Russia – have indeed cut production as they promised. Nonetheless oil prices are now falling again.
In another blow against American attempts to rig democratic processes, the Supreme Court of Venezuela has annulled the impeachment of socialist President Nicholas Maduro. This represents a big setback for American puppet opposition leader Henrique Capriles Radonski, who has pushed hard to erode Bolivarism in the only OPEC member with a socialist government (honourable mention to Algeria in this respect).
Vehicles pack a main road during rush hour in Beijing. China, which overtook the U.S. in late 2010 as the world’s largest oil importer, has the single biggest influence on global demand for fuels. (AP Photo/Alexander F. Yuan)
(Analysis) — Oil prices are back up and rising. The low oil spell that started in 2014 has concluded. This sudden rally, like its sudden decline, is not accidental. The new situation has definite implications for the ongoing international tension.
