September 5, 2005

The impending Saudi crisis.

The Saudi regime has accrued at least $60bn from record-high oil prices, and so has the financial means to win the hearts and minds of Saudi citizens on its own, without relying on the imposition of hardcore Wahhabi rule. But the regime views any such measures as a threat to its survival. Rather than initiating democratic change, the royal family has endorsed huge public projects that emphasise the importance and superiority of the monarchy and its exorbitant surplus.
"After Fahd." By John R. Bradley, Prospect, 9/05.

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