Wednesday, December 30, 2015
Saudi Arabia's Financial Crisis, Could Ignite Regional Crisis
ANBOUND
The falling crude oil prices have not only caused the Saudi Arabia's oil revenues to shrink dramatically but also increased the country’s risk of financial crisis.
ANBOUND’s research team is of the view that should the Saudi Arabia’s financial crisis continues to worsen, it might trigger chain reaction in the Middle Eastern regions and it might cause to already chaotic situation in Middle Eastern region to get out of hand.
This will not only worsen the geopolitics crisis in Middle East but it is also likely to have serious impact on the international financial markets.