Re: Financial topics
Posted: Tue May 05, 2015 7:10 am
I did, I do, its bad. You can feel the intent. Never fear what they are, but what they have become h.
They feel like they are being ripped apart from forces they cannot even fathom IMO.
Milton was correct on the ethics and morals of a lost generation.
Anyways,
The central bank’s foreign reserves have dropped by $36bn, or 5 per cent, over the past two months, as newly crowned King Salman bin Abdulaziz al-Saud dips into Riyadh’s rainy-day fund and increases domestic borrowing to fund public sector salaries and large development projects.
The latest data show Saudi’s foreign reserves dropped by $16bn to $698bn in March, driven by public sector bonuses paid by King Salman after he assumed power in January. This follows a fall of $20bn in February. Saudi Arabia has spent $47bn of foreign reserves since October.
As one analyst noted, “There is a need to rationalise spending,” as King Salman promised a bonus payment for military personnel engaged in the kingdom’s month-long bombardment of Houthi rebels in Yemen, a campaign that itself added pressure to state coffers.
As we projected if you get to 2018 the discounts will be steep. We are picking positions very carefully in sectors.
August 2013 it was noted: I would not go that far Higg but sometimes it rather painfull to watch, to quote the gentleman from mexico who has a valid point. They do not understand how civilization came into being and what is required to keep it going. They are comparable to monkeys flying an airplane.
They feel like they are being ripped apart from forces they cannot even fathom IMO.
Milton was correct on the ethics and morals of a lost generation.
Anyways,
The central bank’s foreign reserves have dropped by $36bn, or 5 per cent, over the past two months, as newly crowned King Salman bin Abdulaziz al-Saud dips into Riyadh’s rainy-day fund and increases domestic borrowing to fund public sector salaries and large development projects.
The latest data show Saudi’s foreign reserves dropped by $16bn to $698bn in March, driven by public sector bonuses paid by King Salman after he assumed power in January. This follows a fall of $20bn in February. Saudi Arabia has spent $47bn of foreign reserves since October.
As one analyst noted, “There is a need to rationalise spending,” as King Salman promised a bonus payment for military personnel engaged in the kingdom’s month-long bombardment of Houthi rebels in Yemen, a campaign that itself added pressure to state coffers.
As we projected if you get to 2018 the discounts will be steep. We are picking positions very carefully in sectors.
August 2013 it was noted: I would not go that far Higg but sometimes it rather painfull to watch, to quote the gentleman from mexico who has a valid point. They do not understand how civilization came into being and what is required to keep it going. They are comparable to monkeys flying an airplane.