Saudi Arabia on the dole

Article Abstract:

Saudi Arabia faces a serious problem of public debt, and the royal family presents obstacles to economic reforms needed to tackle the problem. Reform can be postponed over the short term, but is necessary over the longer term.

National debt, Public debts, Monarchy

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Whose to tax? Saudi Arabia's oil

Article Abstract:

Saudi Arabia withdrew its stand against higher OPEC prices on petroleum in response to various European governments' moves to raise oil taxes. Prices of petroleum rose $1 a barrel to $22.

Europe, Taxation, Organization of the Petroleum Exporting Countries, Tax policy

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It may not work

Article Abstract:

The impact of a decision by the US to release petroleum from reserves, on world petroleum prices, is examined in detail.

Petroleum reserves

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