Special to WorldTribune.com Saudi Arabia has long been flush with cash but is now seeking a loan to help offset a $100 billion budget deficit. The kingdom is looking to snag a loan of between $6 billion and $8 billion, sources told Reuters. The proposal, for a five-year U.S. dollar loan of that size, would […]
Special to WorldTribune.com Saudi Arabia is being pressed to ensure foreign construction workers, many of whom have not been paid for months, receive their salaries. The workers who flocked to the kingdom when oil prices were skyrocketing are now seen as being victimized by low oil prices as the Saudi government clamps down on state […]