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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (129621)4/19/2004 7:54:34 PM
From: Hawkmoon  Respond to of 281500
 
The Saudi's are in financial dire straights and they have maybe one chance to raise enough capital to keep the oil flowing while meeting their massive social programs.

The Saudis are definitely in dire straits.. But isn't it amazing that of approximately 5 million registered workers in Saudi Arabia (private sector) only 600 thousand of them are Saudi. Most of the Saudis only want to work for the government (royal family), which is obviously where the money is..

And now the Saudis are finally thinking it might be a good idea to limit the number of expatriates and train Saudis to do these "menial" tasks:

saudigazette.com.sa

Hawk



To: quehubo who wrote (129621)4/20/2004 12:09:41 PM
From: carranza2  Read Replies (1) | Respond to of 281500
 
The whole gas price thing does not stand up to even the most cursory analysis.

If the Saudis wanted to make their excess capacity available to US consumers so that Bush would get reelected, why are gas prices so high now? The present high prices will result in bad economic numbers in the Summer and Fall. They do nothing to promote Bush now nor will they help him at election time.

If anything, the Saudis want Bush out. He is making the Saudis very uncomfortable.