Saudi Arabia Announces Fiscal Deficit of $135 Billion

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) … Continue reading →

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Market Talk – April 17, 2024

April 17, 2024
ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 509.40 points or -1.32% to 37,961.80 Shanghai increased 64.31 points or 2.14% to 3,071.38 Hang [...]
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The Truth About Fake News

April 17, 2024
The Economist’s editor-in-chief, Zanny Minton Beddoes, wrote that global warming would damage a tenth of the world’s residential property by value. They reported that this includes “many houses that are [...]
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