Assessments Jun 19, 2020 | 10:00 GMTJun 19, 2020
Riyadh will try to stimulate its tourism industry to curb the blow of this year's likely canceled pilgrimages. But as the pandemic keeps Muslims home, a sustained recovery is unlikely.
By Ryan Bohl
The Saudi Survival Strategy
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Podcasts Jun 9, 2020 | 09:15 GMTJun 9, 2020
In this Essential Geopolitics podcast from Stratfor, a RANE company, Emily Donahue speaks with Stratfor's Director, Global Energy and Middle East, Greg Priddy about the Saudi currency peg.
Assessments Jun 8, 2020 | 10:00 GMTJun 8, 2020
Facing severe budgetary strain due to COVID-19 and low oil prices, Riyadh will likely reduce its arms purchases, while avoiding spending cuts that could impede its internal security or the development of its defense sector.
By Ryan Bohl
Snapshots Jun 2, 2020 | 14:41 GMTJun 2, 2020
Given the faster-than-expected recovery in oil prices, OPEC and its allies will reportedly consider a Saudi-Russian compromise to only briefly delay the tapering of current cuts.
Assessments Jun 2, 2020 | 10:00 GMTJun 2, 2020
The current peg of Saudi riyals to the U.S. dollar is not in immediate jeopardy, but a new normal of lower oil prices will likely force the kingdom to devalue its currency in the next five years.
By Greg Priddy
Assessments May 27, 2020 | 10:00 GMTMay 27, 2020
By slashing demand for foreign labor, the global economic fallout from COVID-19 will deprive Gulf countries of some of the highly skilled workers needed to grow and diversify their oil-dependent economies.
On Geopolitics May 22, 2020 | 11:00 GMTMay 22, 2020
While nationalism, economic control and the security forces will work for the government for a while, the longer austerity persists, the less effective they will prove.
By Ryan Bohl
Assessments May 20, 2020 | 10:00 GMTMay 20, 2020
As COVID-19 saps demand, Riyadh is recognizing that it will eventually need to adjust its spending habits to the global oil market, instead of the other way around.
By Greg Priddy
Podcasts May 19, 2020 | 12:00 GMTMay 19, 2020
Stratfor analyst Emily Hawthorne speaks to Emily Donahue about the economic impact on Gulf Cooperation Council states.
Snapshots May 11, 2020 | 19:39 GMTMay 11, 2020
While it may initially help ease its growing budget deficit, Riyadh’s new austerity measures could eventually stymie private sector spending and provoke political unrest.
