Saudi Arabia may run out of financial assets needed to support spending within five years if the government maintains current policies, the International Monetary Fund said, underscoring the need of measures to shore up public finances amid the drop in oil prices. QuickTake Saudi Arabia The same is true of Bahrain and Oman in the six-member Gulf Cooperation Council, the …
“First Strike” Attack against Iran? Washington’s “Missile Defense” Deal with the Gulf Monarchies – Bruce Gagnon
This is what it has all come down to…. the US and the corrupt, dictatorial Gulf monarchies meeting at Camp David Thursday and agreeing on a plan to flood the Middle East with ‘missile defense’ (MD) systems. These Gulf monarchies are the essential allies of the US in the world now (in addition to a few other fascist-leaning nations). Together …
International aid agencies call for sanctions on Israel over Gaza “stalemate” – Ali Abunimah
Dozens of aid agencies have called for international sanctions on Israel over its continued illegal blockade of the occupied Gaza Strip and the fact that six months after its deadly and devastating assault, there has been virtually no reconstruction in the territory. The report, “Charting a New Course: Overcoming the stalemate in Gaza,” signed by 46 international nongovernmental organizations working in Palestine, says that …