Monday, December 28, 2015

Low Oil Prices and the War in Yemen Have Left a Huge Hole in Saudi Arabia's Budget

Low Oil Prices and the War in Yemen Have Left a Huge Hole in Saudi Arabia's Budget

VICE News - ‎5 hours ago‎
Projecting a record budget deficit of $98 billion in 2015, Saudi Arabia announced a decrease in fuel subsidies on Monday and said it could sell off state assets in the future as the kingdom struggles with plunging oil prices and the cost of its war in ...

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