Saudi Arabia

Tension related to nuclear proliferation has risen again. This is largely due to the rhetoric of leaders of certain countries hinting  that the build-up of nuclear arsenals epoch is coming back throughout the world. This has already fuelled fears of nuclear armament stock levels in the world and unpredictability of those in whose hands warheads remain. For example...

Saudi Arabia has announced plans to implement an ambitious $800 billion initiative aimed at increasing the size of Riyadh in the next decade, and at transforming the capital into an economic, social and cultural hub in the Persian Gulf region. The ambitious strategy was presented by Fahd Al-Rasheed, the President of the Royal Commission...

In March of this year Saudi Arabia launched what was clearly a catastrophic move to regain its role as the world oil superpower. What initially was a move aimed at taking markets away from Russia, after the latter declined to make further production cuts, has quickly turned into a clumsy even catastrophic repeat of the Saudi 2014 oil miscalculation...