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Trumponomics

30: Everything You Thought You Knew About Saudi Arabia Is Wrong

Mar 24, 2016
22:55

Yes, women in Saudi Arabia know how to drive. They can vote, at least in local elections. And every Saudi citizen, men and women, may be about to see the end of generous, oil-driven subsidies that explain a lack of income taxes and utility costs so low as to be practically free. Change is coming to the House of Saud -- and it's accelerating as the most destructive crash in oil prices in a generation forces the Kingdom's rulers to reset the economy.

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