Sunday, 17 June 2012

Saudi royal family death


Saudi Arabia's Prince Nayef, Next In Line To Throne, Dies; Saudi Shares Plunge


 

The Saudi royalty's health problems come at a time of great uncertainty for Riyadh. On the home front, the Saudis are trying to ensure that the regional Arab unrest does not spill into its borders. At the same time, they are trying to counter an increasingly aggressive Iran. That said, the al-Saud regime has proved to be remarkably resilient over the course of its history, remaining in power despite the forced abdication of the founder’s successor, King Saud, in 1964; the assassination of King Faisal in 1975; and the stroke-induced incapacitation of King Fahd for nearly a decade until his death in 2005, when King Abdullah took the throne." 

Zero Hedge article


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