Word: saudi
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...military spending 8.8% Percentage of Saudi Arabia's GDP devoted to military expenditure in 2005. Saudi Arabia has expensive taste in military hardware, such as Patriot missiles, from the U.S. 4% Percentage of America's GDP devoted to military expenditure in 2005, a lower proportion but higher dollar amount: the U.S. spent $495.3 billion, compared with Saudi Arabia's $25.4 billion
...freedom is key to preventing future terrorist attacks, but his own policies have made reform much harder. For Middle East dictators who equate democratization with chaos, Iraq has been a godsend. With anarchy threatening to engulf the region, the U.S. now needs dictators like Egypt's Hosni Mubarak and Saudi Arabia's King Abdullah more than they need us, which leaves us little leverage to push reform. When Secretary of State Condoleezza Rice went to Cairo in June 2005, she made Egyptian democracy the centerpiece of her trip. By the time Defense Secretary Robert Gates went there last month...
Percentage of Saudi Arabia's GDP devoted to military expenditure in 2005. Saudi Arabia has expensive taste in military hardware, such as Patriot missiles, from...
...Despite some recent government steps toward national reconciliation, such as introducing (although not yet passing) legislation to share oil revenues equitably among Iraq's ethnic regions, Arab leaders remain to be convinced that al-Maliki will follow through. Saudi Arabia recently announced a willingness to write off billions in Iraqi debts, but in signs of Riyadh's displeasure, King Abdullah bin Abdulaziz al Saud called the U.S. presence in Iraq "illegitimate," and refused to receive al-Maliki in Saudi Arabia. Saudi Foreign Minister Saud al Faisal told the conference that the Kingdom wants to see "true national reconciliation...
...example, has led to some of that nation's steepest production drops ever. The drilling ventures Chavez expropriated today involve tar-like heavy crude in Venezuela's Orinoco belt - perhaps enough to add some 300 billion barrels to the country's reserves, which would move it ahead of Saudi Arabia. But to make that heavy oil refinable requires billions of dollars, capital that Chavez's critics fear he may now have alienated - especially if, as the multinationals fret, he ends up giving the companies inadequate compensation for the expropriation...