Saudi Arabia Is About To Confiscate $33 Billion From Four Of Its Richest People
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Title : Saudi Arabia Is About To Confiscate $33 Billion From Four Of Its Richest People
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Title : Saudi Arabia Is About To Confiscate $33 Billion From Four Of Its Richest People
link : Saudi Arabia Is About To Confiscate $33 Billion From Four Of Its Richest People
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Earlier today, when discussing the Saudi bank account and asset freeze (and confiscation) of dozens of princes and ministers, we said that just the haul of billionaire prince Alwaleed's $19 billion in various holdings, including nearly a billion dollars in jewelry, plans, yachts, furniture and cash...
... would be an efficient way of refilling Saudi's rapidly declining foreign reserves. And refilling they need: as shown in the chart below, Saudi reserves have declined from their peak in 2014 by over a quarter trillion dollars as a result of the roughly 50% drop in gas prices in the past 3 years.
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... would be an efficient way of refilling Saudi's rapidly declining foreign reserves. And refilling they need: as shown in the chart below, Saudi reserves have declined from their peak in 2014 by over a quarter trillion dollars as a result of the roughly 50% drop in gas prices in the past 3 years.
More
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You are now reading the article Saudi Arabia Is About To Confiscate $33 Billion From Four Of Its Richest People With link address https://newstoday-ok.blogspot.com/2017/11/saudi-arabia-is-about-to-confiscate-33.html