Middle-east Arab News Opinion | Asharq Al-awsat

John Sfakianakis | ASHARQ AL-AWSAT English Archive 2005 -2017
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The White House is pictured shortly after sunrise in Washington, August 1, 2007. REUTERS/Jason Reed

Saudi Arabia: To spend or not to spend?

Spending and taking additional measures to filter down the wealth by oil exporters is a necessity, not an option. As the Middle East is grappling with social unrest, Saudi Arabia has no choice but to spend and generate confidence. Handouts and the start of structural...