“Riyadh seems to have found the way to curb the budget deficit caused by lower oil prices. As the Financial Times report, Saudi officials are offering the arrested royals a deal – pay up to 70 percent of your wealth and go free. The Saudi government could appropriate hundreds of billions of dollars from the arrested to refill depleted state reserves, according to the media.”
Read more: https://www.rt.com/business/410153-saudi-arabia-ransom-purge-salman/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Hundreds of protesters in Toronto call for Mayor Rob Ford to resign
China Mulling Implementing FATCA-Like Law To Reduce Tax Evasion
U.S. to Commit $500 Million, Deploy 3,000 Troops in Ebola Fight
An assault on living standards set to run and run
Argentina restricts online shopping as foreign reserves drop
Germany prepares to charge UK and US intelligence over fresh bugging allegations
New US visa-free travel policy exports Homeland Security abroad
Dozens of Irish councils to make property tax cuts, freeze rates
Munich football boss's Swiss account becomes German political football
The Beginnings of a Chinese Banking Crisis?
Douglas Engelbart, inventor of computer mouse, dies at 88
Honduras 'no longer functioning' after plunging over fiscal cliff
Complying With U.S. Tax Evasion Law Is Vexing Foreign Banks
Meredith Whitney on the Very Scary Municipal Bond Market
Left In The Dark: Copper Thieves Rob Detroit Freeways Of Light