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In Call With Saudi King, Trump Condemns Iran For Houthi Missile Attack

After the latest ballistic missile attack on Saudi Arabia by Yemeni Houthi rebel forces on Tuesday, President Trump and Saudi Arabia's King Salman agreed in a Wednesday phone call to take concrete action toward holding Iran accountable, which both countries have blamed for the attack.  According to the state-run Saudi Press Agency (SPA), the US President […]


Saudi Economy Contracts For First Time In 8 Years, Unveils Record Spending Spree To Boost Growth

Back when oil was at $100 and above, the Saudi economy was firing on all cylinders, and nobody even dreamed that the crown jewel of Saudi Arabia – Aramaco – would be on the IPO block in just a few years. However, with oil stuck firmly in the $50 range, things for the Saudi economy […]


More Details Emerge Of Yemeni Rebel Cruise Missile Launch On Abu Dhabi Nuclear Plant

Submitted by South Front More details have emerged concerning the reported December 3rd firing of a cruise missile by Yemeni Houthi rebels toward a nuclear power plant under construction in Abu Dhabi in the United Arab Emirates. The cruise missile has been identified as a “Soumar” missile, an Iranian-modified version of the Soviet-made Kh-55 cruise missile. With […]


“This Looks More Frightening”: Global Stock, Bond Selloff Accelerates Amid Risk-Parity Rumblings

Yesterday’s Japan flash-crash inspired selling continues for a second day, with global equities – and bonds – sliding early Friday on concerns U.S. tax reform – and corporate tax cuts – will be delayed after Senate Republicans unveiled a plan that differed significantly from the House of Representatives’ version. After suffering their biggest plunge in […]


In Historic Reversal, Saudi Arabia Allows Women To Drive

In an unprecedented step for a country where a sprawling monarchy has managed to cling to power in part because of its concessions to hardline conservative clerics, Saudi Arabia announced today that its King Salman has issued a historic royal decree granting driving licenses for women in the kingdom, meaning that women will soon be […]