Trouble in the House of Saud

(Jerusalem Report) Heidi Kingstone - According to a Saudi dissident living in exile, $3 trillion has been generated by oil in Saudi Arabia over the past 30 years, yet only $1 trillion has been reinvested into the country. "Where has that $2 trillion gone?" he asks. Simon Henderson, a Gulf specialist with the Washington Institute for Near East Policy, says that those who view Saudi Arabia as a rock of stability and a reliable friend of the U.S. constitute "an increasingly small minority among Western analysts." "Saudi rulers and people believe that Saudi Arabia is next on the American agenda," notes Dr. Mai Yamani, Research Fellow at London's Royal Institute of International Affairs. "The fear is that if there is change in Iraq, there will be change in Saudi Arabia."

2002-12-31 00:00:00

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