.png "Interview With Expat Saanika Gandhi, Author of Children's Book 'The Yellow Kite'")
Umm guys......Saudi Arabia Day of Rage – on Monday – Oil Leaps
http://www.forexcrunch.com/saudi-day-of-rage-on-monday-oil-leaps/
The “day of rage” in Saudi Arabia will take place today, Monday, March 7th, instead of Friday. The organizers of demonstrations in the Saudi Kingdom have decided not to wait and to take to the streets in many Saudi cities – not only in the Shiite areas around the gulf, but also in major cities such as Medina, Jeddah, Hijaz and Taif.
Also the Saudi capital Riyadh is expected to see protests. More factors in Saudi Arabia call for a change of regime. Some want a constitutional monarchy, other want an even more religious regime and some just want to get a job. Despite the huge oil revenues, young people in Saudi Arabia cannot find a job. The unemployment rate is very high there.
And regarding the Shiites in the east – while they are only 15% of the population, they live in areas such as Qatif, which are rich in oil. The Shiite protests in Bahrain and the proximity to Iran sent them to the streets, for already two weeks.
But as the youngsters in central cities on the red see and in Riyadh join, the potential is of a much higher magnitude. The protests are expected to start Monday, March 7th and to last for days, reaching a peak on Friday, March 11th, after prayers. Will oil peak as well?
- RATE IT
- RATE IT
- 1
