we are "borrowing saudi money for saudi oil" with the result being "dependency and debt."
we are "borrowing saudi money for saudi oil" with the result being "dependency and debt."
john mccain
may 30, 2016 ... before being tapped by nixon, the chain-smoking new jersey native ran ... the  u.s. would buy oil from saudi arabia and provide the kingdom ... that saudi  arabia will need to liquidate its treasuries to raise cash, ... i'd say that we don't do  ourselves justice if we underestimate our liabilities” to big holders.
dec 30, 2015 ... there have been four sharp increases in the price of oil in the past four decades  .... in recent years, saudi arabia has donated billions in cash and oil products ...  sector wages, introducing new taxes and privatisations, and issuing debt. ... “one  thing i've learned about policies in nigeria is we tend to be very ...
jan 21, 2016 ... it's a secret of the vast u.s. treasury market, a holdover from an age of oil  shortages and mighty petrodollars: just how much of america's debt ...
oct 14, 2016 ... saudi arabia's first international bond offering is symbolic of the kingdom's  shifting fortunes. it's a way to shore up cash — and the economy. ... the kingdom  has been hit hard by the long period of low oil prices and the ... qatar in may  issued $9 billion in debt, double the amount it initially planned to sell.
may 20, 2016 ... saudi arabia already recently raised $10 billion from a syndicated bond ... to  international banks to start arranging a sovereign debt issue. ... saudi arabia is  desperate for cash because it is still heavily dependent on oil to bring in revenue.  ... as a result, for the second time in four months, the ratings agency ...