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18-08-2018, 02:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
As Saudi Arabia raises the stakes in its dispute with Canada, the economic fallout could worsen an already serious issue for the kingdom: capital flight. Trade between the two countries is small, valued at roughly $4 billion, but the diplomatic dust-up has heightened the sense of risk in the Saudi investment climate, and is certain to scare even more capital away.
According to research by JPMorgan, capital outflows of residents in Saudi Arabia are projected at $65 billion in 2018, or 8.4...
Uh oh, 65 billion leaking out of Saudi Arabia....... (https://www.sammyboy.com/threads/uh-oh-65-billion-leaking-out-of-saudi-arabia.257928/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/uh-oh-65-billion-leaking-out-of-saudi-arabia.257928/).
As Saudi Arabia raises the stakes in its dispute with Canada, the economic fallout could worsen an already serious issue for the kingdom: capital flight. Trade between the two countries is small, valued at roughly $4 billion, but the diplomatic dust-up has heightened the sense of risk in the Saudi investment climate, and is certain to scare even more capital away.
According to research by JPMorgan, capital outflows of residents in Saudi Arabia are projected at $65 billion in 2018, or 8.4...
Uh oh, 65 billion leaking out of Saudi Arabia....... (https://www.sammyboy.com/threads/uh-oh-65-billion-leaking-out-of-saudi-arabia.257928/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/uh-oh-65-billion-leaking-out-of-saudi-arabia.257928/).