Friday, October 26, 2018

Prince's problem

(cont'd)

Saudi Arabia's Crown Prince Mohammed bin Salman (MbS) wants to vigorously modernize his kingdom by 2030. But the Kashoggi affair has put the plan in jeopardy.

Journalist Jamal Kashoggi went into the Saudi consulate in Turkey and never came out again. It's assumed by many that Saudi Arabia had him killed. That's the reason Richard Branson gives for his actions (yesterday's post).

Western business leaders pulled out of a Saudi investment conference this week: 
Uber CEO, Viacom CEO, AOL co-founder and others - for the same reason. 

The Crown Prince may lose momentum toward all the good economic growth he planned for his country, especially for the future of young people according to this article.

If MbS had Kashoggi killed, he's paying a price for his mistake. 


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