Current Edition About Subscribe The Jerusalem Center

Daily Alert Archive

Every Daily Alert Since 2002

Search

Search more than 80,000 news items by topic, author, or source.
Use " " to search for multiple words and phrases.

Trending Topics

November 29, 2002       Share:    

Source: http://www.jcpa.org/brief/brief2-11.htm

Saudi Arabia, Iraq, and the War on Terrorism

(Jerusalem Issue Brief - Jerusalem Center for Public Affairs) Mordechai Abir - Many analysts believe that if America were to establish a new regime in Baghdad, the recuperation of Iraq's oil industry could prove a major threat to the oil-dependent Saudi economy. Saudi per capita income has fallen from about $23,000 in the early 1980s to about $7,000 last year. Prince Abdallah has attempted to reform the Saudi economy and reduce expenditures on subsidies and perks, including the costly stipends paid to 7,000 royal princes. King Fahd's full (Sudairi) brothers, particularly Defense Minister Prince Sultan and Interior Minister Prince Na'if, have shored up their relations with Saudi religious conservatives and endowed Islamic foundations that fund the militants.

View the full edition of Daily Alert

Back to Archive

Subscribe to Daily Alert: