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Think that 2016 was a tough year for Saudi Arabia? Wait until you see 2017

2016 was not a good year for Saudi Arabia. Sharply lowered oil prices sparked a domestic financial crisis that is forcing the country to restructure its economy. Saud Arabia’s bitter struggle with Iran for regional hegemony has embroiled it in wars and political conflicts which it has been unable to win, leaving Saudi Arabia no …

James Dorsey