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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (34659)	8/1/2005 1:56:30 PM
From: regli	Read Replies (1) of 116555

This might very well start a time of volatility in Saudi Arabia to determine which branch of the family will eventually win out. An indication of that struggle likely was the return home of Prince Bandar a few weeks ago. Prince Talal's utterances are a reminder of a half-forgotten episode which once shook the Kingdom of Saudi Arabia to its foundations: the 1958-64 succession struggle within the al-Saud family between King Saud and his half-brother and Crown Prince Faisal bin Abdulaziz. The bitter battle, which came close to a civil war, almost toppled the al-Saud regime. The culmination of the drawn-out drama was the November 1964 forced deposal of King Saud, considered to be "one of the most important decisions the family has made this century". In that struggle between Saud and Faisal, Talal played a central role. atimes.com

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