SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
We can't find results matching your search.
Adjust your search and try again or browse topics and stories below.
Discover stories, topics, and more about Saudi Arebia faster.
Adjust your search and try again or browse topics and stories below.
So the big question is, if increasing defense funding is imperative for maintaining the current strategy and preserving the force, then what does increasing the budget above the caps buy? The clear answer is the future. Operating under stringent budget constraints, DoD has been forced to prioritize the exigencies of today. The President’s budget starts to give the future a seat back at the table. Investment, made up of procurement, military construction, and research, development, test and evaluation (RDT&E), get a 60 percent share of the $38 billion increase in FY 2016, even though they comprise only one-third of the budget. The Air Force is the primary beneficiary from this increase, receiving more than half of the procurement bump.
By all accounts, lawmakers will not hold up Carter’s confirmation. He is widely liked and Carter met with each and every member of the committee by Monday. But lawmakers previously had explicitly stated that they would use his confirmation hearing to force a clarification of the Obama administration’s national security strategy.
Information Minister Mohammad al-Momani told AFP Amman was "more determined than ever to fight the terrorist group Daesh," using an Arabic acronym for IS, after the brutal murder of its airman. According to Reuters, a government spokesman said that Jordan will step up its role in the US-led coalition against IS militants, with all military options on the table.
"We have both the reserves as well as the ability to borrow because we retired almost all of our debt in the past," Al-Assaf said. "Our ability to borrow is huge, so we are looking at both borrowing as well as using our other buffer which is the budget reserve."
Among other important developments in Saudi Arabia over the past 10 days was the major cabinet re-shuffle, which saw -- for the first time -- the appointment of three ministers in their 30s. This is particularly significant when one notes that 60 percent of the Saudi population is below the age of 21.
“International banks have no choice. Compiling with FATCA is compulsory,” said one banker privately because he is not allowed to talk to press. “Our headquarters and regulators compel us to implement the policy,” he added.
Saudi Arabia, Kuwait and the United Arab Emirates will deposit $10 billion in Egyptbefore the country holds an investment conference in March, the news website Al-Youm Al-Sabea reported.
The number of drilling rigs operating in U.S. oil and gas fields is an especially telling indicator. The rig count had been falling since the end of last year, but has now gone into free-fall. Last Friday’s decline in operating rigs — 94 were pulled offline — was the biggest in nearly 20 years, terrifying the oil market and sending oil prices rising 8 percent in a single day.
Analyst, author and former Air Commodore Kaiser Tufail said, "The test firing was a typical combo of a technical upgrade timed with political signaling, something that both India and Pakistan have turned into an art form."
Reaffirming a judicial practice that has come under strong international criticism, an Egyptian criminal court Monday backed a mass death sentence previously handed down to 183 people accused in a deadly attack on a police post.
