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Saudi king in post-coronation giveaway

It is estimated that he would have given US$32b to ordinary Saudis

Published Fri, Feb 20, 2015 · 09:50 PM

Riyadh

EUROPEAN leaders are still battling over austerity. The US Congress is gearing up for another fight over the budget. But in Saudi Arabia, there are no such troubles when you are the king - and you just dole out billions and billions of dollars to ordinary Saudis by royal decree.

Not surprisingly, Saudis are very happy with their new monarch, King Salman.

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