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Saudi Arabia to take on billions in debt to survive the oil price crisis: RT

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KeyBORED Warrior said:
once a gangoo, always a gangoo...for gangoos 'paisa' is everything and it shows in their demeanor and character or the lack of it :disagree:
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Lol. Indurani - don't forth at the mouth - if not the paisa, for whom would you do mujra?
 
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Jackdaws said:
- if not the paisa, for whom would you do mujra?
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This statement alone is the mentality of a gutter rat malnourished black azz gangus like u...iknow what u can do for 'paisa' u pathetic piece of rat vomit. I have seen gangus like u in real life. Weak, submissive with a red button on the forehead and a stench that can corrode the nostrils. Pathetic is the only word that comes to mind. 1.3bil gangooos yet can't do shit about a country 1/7th its size. :disagree:
 
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KeyBORED Warrior said:
This statement alone is the mentality of a gutter rat malnourished black azz gangus like u...iknow what u can do for 'paisa' u pathetic piece of rat vomit. I have seen gangus like u in real life. Weak, submissive with a red button on the forehead and a stench that can corrode the nostrils. Pathetic is the only word that comes to mind. 1.3bil gangooos yet can't do shit about a country 1/7th its size. :disagree:
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Lol. It wasn't always 1/7th the size till we made it Indurani. Tsk Tsk. Chalo, nacho.
 
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Hakikat ve Hikmet said:
The British Imperialists treacherously took away the custody of the Haremain from the Turkish folks. Insha’Allah it’ll be brought back using the same swords, currently having their Teshrif at the Topkapı Saray, used by the Halife-i Rashidin....
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Looks like the general Pakistani has shifted Saudi worship to Turkish worship, it never stops this worship of a foreign actor.
 
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Mr Freeman said:
Combined with failure in Yemen war, and the crashing oil price, as well as their local policies that resulted in loss of billions of dollars, you can see how how much of KSA external debt of GBP% has been climbing.

https://fred.stlouisfed.org/series/SAUDGDPGDPPT

KSA heading for a crash. Bad one at that.
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What a wet dream again..
Russia is taking a $60 billion deal and its economy and currency were hit..does that mean Russia is heading to a crash and a bad one at that???
 
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The SC said:
What a wet dream again..
Russia is taking a $60 billion deal and its economy and currency were hit..does that mean Russia is heading to a crash and a bad one at that???
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Does KSA have any other source of income. Currently nope. Russia still can sell gas to Europe, and Central Asia. Main source of income for KSA was exporting oil, hajj and ummrah tourism. Oil prices are down, hajj and ummrah is on hold because of the virus, that means only source of money is oil. But even that is not enough.

https://www.wsj.com/articles/saudi-arabia-markets-dollar-bond-to-plug-spending-gap-11586959815

The oil price is not gonna bonce back to the needed $64/barrel that is need to balance the budget gap. But stick to your wet dreams. It maybe be easy for you sitting in Canada.
 
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Mr Freeman said:
Does KSA have any other source of income. Currently nope. Russia still can sell gas to Europe, and Central Asia. Main source of income for KSA was exporting oil, hajj and ummrah tourism. Oil prices are down, hajj and ummrah is on hold because of the virus, that means only source of money is oil. But even that is not enough.

https://www.wsj.com/articles/saudi-arabia-markets-dollar-bond-to-plug-spending-gap-11586959815

The oil price is not gonna bonce back to the needed $64/barrel that is need to balance the budget gap. But stick to your wet dreams. It maybe be easy for you sitting in Canada.
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That is worst yet for Russia that has other sources of income..and Gaz prices are very cheap now if you did not know that.. And also you better go educate yourself about the other KSA economic sectors and other revenues that hit almost 40% of the total income of the country..See how much you need to know before spitting your venom and exposing your dark mind..
 
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The SC said:
That is worst yet for Russia that has other sources of income..and Gaz prices are very cheap now if you did not know that.. And also you better go educate yourself about the other KSA economic sectors and other revenues that hit almost 40% of the total income of the country..See how much you need to know before spitting your venom and exposing your dark mind..
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Whatever helps you sleep comfortable in Canada, buddy.

https://www.bloomberg.com/news/arti...-to-negative-at-moody-s-after-reserves-tumble

https://www.aljazeera.com/ajimpact/...ressured-moody-downgrade-200504130636680.html

https://markets.businessinsider.com...prices-coronavirus-pandemic-2020-5-1029161942
 
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Hakikat ve Hikmet said:
The British Imperialists treacherously took away the custody of the Haremain from the Turkish folks. Insha’Allah it’ll be brought back using the same swords, currently having their Teshrif at the Topkapı Saray, used by the Halife-i Rashidin....
Click to expand...
I think, it's better to internationalize custodianship of Haremain but that's another debate and topic :D
 
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