Saudi Arabia

Are U.S.-Saudi Relations Turning Sour?

Time will tell, but cries of victory in Washington by Saudi Arabian Deputy Crown Prince and Defense Minister Mohammed bin Salman seemed hollow and perhaps even apocryphal.

Not Just The US: UK Bans Use Of Laptops On Flights From 6 Mostly Muslim Countries

One day after the Trump administration imposed a ban for carry-on electronic devices on planes coming to the US from 10 airports in mostly Muslim countries following unspecified terrorism threats, moments ago the UK issued a similar ban, restricting the use of carry on laptops and tablets for inbound flights for flights originating in the following nations: Turkey, Lebanon, Jordan, Egypt, Tunisia, and surprisingly, Saudi Arabia.

US' Main Target In Syria Is Iran; ISIS Comes Second

It appears that the US is not looking for an anti-terrorist coalition to fight the ISIS in Syria in a concerted manner, which Russia would have liked. Washington’s preference seems to be for a limited alliance under its leadership, comprising the US’ European partners, Turkey and the GCC states. A question that arises here is whether it is the defeat of the Islamic State that is the US’ number one priority in Syria or the containment of Iran.

Visualizing The World's Extreme Population Density

Bangladesh and three provinces in India, which are highlighted in red, take up just 160,000 sq. mi – that’s smaller than California. Together they hold more population than all of the blue territories on the map.

Start Dealing!

Empires have one historical constant: they fail.

Key Events In The Coming Week

The key economic releases this week are the new home sales report on Thursday and the durable goods report on Friday. In addition, there are several scheduled speaking engagements by Fed officials this week, including a speech by Chair Yellen on Thursday.

9/11 Widow Questions Trump: "America First Or Saudi Arabia First?

"Dear President Trump, you have structured your campaign and current policies around being for America First. The 9/11 Families certainly hope that you remain steadfast in your belief that Americans must be protected, supported, and heard, first and foremost above all others - particularly those like the Saudis who fund radical Islamic terrorists that target and kill Americans."

Oil Shorts Soar By 2nd Most In History As OPEC Hope Fades

During a week that saw WTI crude prices erase all post-OPEC-production-cut-deal gains, after the Saudis admitted 'cheating' (but rapidly back-pedalled), oil speculators added almost 80,000 contracts to their short positions - the 2nd most in 34 years.