General World News

Here's the latest sign that investors are anxious about Saudi Arabia (USO, OIL)

Saudi Arabia riyal

Saudi Arabia’s leaders are nervous about the future.

Low oil prices are forcing Riyadh to introduce unprecedented taxation and austerity measures.

Iran, the country’s regional arch-rival, just received as much as $100 billion in sanctions relief.

The Saudi-led coalition in Yemen has stalled in its fight against Iran-allied Houthi rebels who have taken over much of the country.

And for the first time, Riyadh is selling off parts of Saudi Aramco, the country’s multi-trillion-dollar state oil concern.

Riyadh’s concerns are well-grounded.

Two charts from Saudi-based Jadwa Investment published on February 2nd suggest a brewing crisis of confidence in what read more >>>

Source : BusinessInsider.Com