ASSESSMENTS
Saudi Arabia's Domestic and Foreign Challenges
Feb 24, 2011 | 13:13 GMT
-/AFP/Getty Images
Summary
Saudi Arabia's king has announced increased spending on social welfare. While not significant from an economic perspective, the announcement shows that Riyadh takes its domestic and foreign challenges seriously. On the domestic front, these include an impending power transition and fallout over political reform. The foreign fears comprise concerns that unrest besetting Bahrain, Libya and Yemen will strike Saudi Arabia, too.
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