MUST-READS

• Israel-Palestine
  Jerusalem synagogue: Palestinians kill Israeli worshippers

  Four Israelis have been killed and eight injured as two men armed with a pistol and meat cleavers attacked a West Jerusalem synagogue, police say. The attackers - Palestinians from East Jerusalem - were shot dead.

  • Washington Post - Synagogue ‘terror’ attack in Jerusalem leaves 4 dead
• U.S. Anti-ISIS Strategy in Iraq
  Hagel says US speeding up training of Iraqi forces

  Hagel's spokesman, Navy Rear Adm. John Kirby, said later that Austin believes getting an early start on training Iraqi forces in Anbar may prompt other countries with a stake in the fight against Islamic State to commit trainers to Iraq. Approaching the problem of ill-trained and poorly motivated Iraqi soldiers as a coalition rather than as a unilateral U.S. undertaking is a key pillar of U.S. strategy. Partnership is seen as a way of undermining the ideological appeal of Islamic State.

  • Reuters - U.S. Military Chief Says Battle With ISIS Starting to Turn
• Global Oil Transport
  World Oil Transit Chokepoints

  World chokepoints for maritime transit of oil are a critical part of global energy security. About 63% of the world's oil production moves on maritime routes. The Strait of Hormuz and the Strait of Malacca are the world's most important strategic chokepoints by volume of oil transit.

• Saudi-Qatar
  Saudi Arabia, UAE and Bahrain end rift with Qatar, return ambassadors

  Saudi Arabia, the United Arab Emirates and Bahrain agreed on Sunday to return their ambassadors to Qatar, signaling an end to an eight-month rift over Doha's support for Islamist groups.

  • SUSRIS - “New Page” in GCC Unity Comes from Riyadh Summit
• Comedy in the Kingdom
  Laughing in the Kingdom: On Saudi YouTube Comedy

  With Internet penetration rates hovering over fifty percent in the kingdom, where daily Internet use is also the highest in the Arab world, Saudi comedians have a massive online market to cater to.

• Saudi Women and Finance
  Saudi Women Have $99 Billion in Bank Deposits

  Government statistics have revealed that Saudi women are holding disposable cash exceeding £64 billion (375 billion Saudi Riyals) in commercial banks. Official statistics published by the Ministry of Commerce and Industry on Wednesday (12 November) confirmed however, that women account for only 7.3 per cent of commercial registrations issued by the ministry.

  • Khaleej Times - Saudi women have $100 billion as bank deposits!
• Yemen
  US drone strike kills 7 terrorists in southern Yemen

  The US reportedly killed seven al Qaeda in the Arabian Peninsula (AQAP) fighters in a drone strike early this morning in the southern Yemeni province of Shabwa. The strike took place in the Azzan region of the province, located about 80 kilometers from the coast and long considered an AQAP stronghold in the country.

• Economy
  Saudi Arabia outpaces global growth for the last five years

  Saudi Arabia has consistently outpaced global growth at an average of 5.5 percent for the last 5 years — a growth rate which is higher than that of MENA and the GCC, Alkhabeer Capital said in is new report which assesses opportunities and challenges for private equity in Saudi Arabia.

• Saudi Arabia and Extremism
  Terror attack meant to sow discord brings Saudis closer together

  While the international media’s attention has focused on the attack’s implications for the global effort to contain IS and other Al Qaeda offshoots, its more immediate impact has been on the social fabric of Saudi Arabia. A widespread backlash against the attack among the general Saudi public, accompanied by an outpouring of support for the Shia victims, has been reciprocated by calls for unity from Shia community leaders. Just as importantly, the measures the Saudi government has taken and the narrative it and its religious leadership have adopted, seem to have further reinforced the idea that a “united front” against terrorism encompassing all Saudis, was indeed emerging.

  • Bloomberg - Saudi King Transfers Prince of Troubled Province, State TV Says
  • The National - Saudi response to Ashura attack stregthens Sunni-Shia ties
• Global Oil Markets
  Saudi minister: It’s all a ‘misunderstanding,’ no ‘price war’ talk

  "It's kind of a middle-of-the-road statement. Unless they do something, this huge amount of oil on the world market is not going to change," said McGillian. "As far as the price war goes, I always thought their intention on not defending the price level was that they wanted to weaken some of the marginal producers. The problem is the marginal producers are other members of the cartel."

  • Reuters - OPEC sees lower 2015 demand for its oil, Saudi output still high
  • Market Watch - Brent crude tests $80/barrel price level on Saudi comments
  • WSJ - OPEC Members’ Rift Deepens Amid Falling Oil Prices
  • Bloomberg - Saudi Arabia's Naimi Says OPEC Not Engaged in Oil Price War
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