You are here

From risk averse to downright dangerous

Saudi Arabia's new foreign policy stance will have a ripple effect in the region.

Saudi Crown Prince Mohammed bin Salman attending the Future Investment Initiative conference in Riyadh, Saudi Arabia, on Oct 24, 2017. The rules of the Saudi system, based on consensus and family cohesion, have been broken. Decorum has been abandoned for a naked power grab.

A PERFECT storm is gathering around the Kingdom of Saudi Arabia. Economic weakness, foreign policy setbacks and political infighting in the royal family threaten to destabilise America's oldest ally in the Middle East. Volatility in the kingdom will have a ripple effect throughout the region....

Market voices on: