How Long Can Gulf Nations Endure Low Oil Prices?

emergingequity.org/2015/02/03/how-long-can-gulf-nations-endure-low-oil-prices/ By Jennifer Hunt-University of Sydney In his first royal decree, Saudi Arabia’s newly crowned King Salman announced two-month bonuses for state employees, pensioners, students, and recipients of social service programs (that is, everyone in the country with a Saudi passport). It adds billions of dollars’ worth of spending to a budget already hit hard by... Continue Reading →

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