Geopolitical Futures’ George Friedman has warned that Saudi Arabia’s inability to keep oil prices up to $90 a barrel will frustrate the kingdom’s effort to balance its books, meaning it is only a matter of time before “Riyadh’s unique social stability comes apart.” A country of over 31 million, Saudi Arabia is ruled by six royal family…
In a previous post, I highlighted how, after the chaos of Iraq and Libya, the mass media began softening the public up for another illegal military intervention in another sovereign state – this time in Syria. Rupert Murdoch, who has a direct financial interest in regime change in Syria (see Israel & energy independence below) oversaw some…
The Syrian Arab Army (SAA) has essentially reclaimed the city of Aleppo in the past couple of days. The failure to break the siege from the Southwest coupled with the Turkish Army not resupplying militants meant the situation wouldn’t hold for long. Aleppo is the key to the Syrian ‘civil war.’ Now that pro-Assad forces…
A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according to some Saudi experts, will go bankrupt in three to four years. Since 90 percent of the kingdom’s income is derived from oil exports, the price…
Saudi Arabia’s governing economic body called the Council of Economic and Development Affairs (CEDA) has cancelled $266.7 billion in projects, the Saudi Press Agency said, and announced it would be settling much-delayed private-sector payments by year end. The projects that have been canceled are the ones that are not expected to accelerate the kingdom’s growth…
An unpublished report by a government advisor and UN consultant, obtained exclusively by INSURGE intelligence, accuses Western and Algerian security services of complicity in al-Qaeda terrorist activity across North Africa. The academic report focuses on damning evidence that a devastating al-Qaeda terrorist attack on the Tigantourine gas plant near In Amenas, Algeria, was orchestrated by…
