British newspaper reveals the serious repercussions of the coup, the royal family in Saudi Arabia

British newspaper reveals the serious repercussions of the coup, the royal family in Saudi Arabia



History of edits:: 2017/6/26

{International: Euphrates News} newspaper {Financial Times} British published an article by a professor who specializes in the field of energy Nick Butler, president of the Institute {King Policy} at University College London, talking about the recent changes within the ruling family in Saudi Arabia, and its impact on oil markets.
Said Butler in his article that " a week ago , he heard rumors of a faint large brawl inside the Saudi royal family, and assumed that the main caused depends on trying to force King Salman to rein in his son, deputy crown prince , aged 31 years, Muhammad ibn Salman, return the country to normal life after three years of "chaotic ambition" and growing instability. "
Butler added: "I started drafting an article discussing how this coup to reshape the oil market and what is the Saudi action that can be taken by the new leadership to stop the continuing decline in oil prices."
He continued: "Now it seems that the rumors were true, but the assumption was a mistake, was not the winner in the coup , as expected , is the Crown Prince Mohamed Ibn Nayef, who controls the full authority over everything , including the key role of internal security."
He pointed out in his article , "There is something Shakespearian about what is happening, one of the best stories the story of the disintegration of the House of Saud? King" patient "breaks the delicate balance of the ruling family to upgrade his son , the young" arrogant " , which can be exploited by both consultants and bankers."
It was to be "All of this happened against the backdrop of decline in the Kingdom 's imports from a single source of wealth, in addition to hostility from neighbors and friends, in the context of the region was divided as a result of the revival of religious conflicts. We are somewhere between King Lear and Richard II."
Entrepreneur and a specialist in energy economics and stressed that " the reaction of the market about it was negative, which led to lower oil prices once again with Brent crude below $ 45 a barrel, and by 2020 will be the kingdom 's economy independent of oil revenues, no one believes it really possible, however. If the prospect that Saudi Arabia allow lower prices which is dangerous, there is no other country has the capacity to cut production and exports to the extent necessary to restore balance in the excessive market "
Butler said that " the only consolation is that we are only at the end of the verb number one, and there is more news coming from Saudi Arabia, and that the chances of error are visible and the transfer of energy dependence will be in the coming months, has been the diversification of the Kingdom 's economy and a national priority since 1980 , at least , there is a "grand vision" for the year 2030, but the implementation mechanism does not exist. "
Said Butler , " The second it comes to isolation experienced by Saudi Arabia, with the exception of perhaps" ally can not be relied upon in Washington, "The actions led in Yemen to increase tensions in the region without any significant effect, showed the weakness of private Saudi defense forces.
He said, that "resentment of Saudi Arabia 's decision to allow oil prices to decline is spreading in OPEC and outside, while the third, and perhaps the most serious on the house of Saud, it is the internal rift with the religious forces, rather than reform the slow and deliberate by the late King Abdullah and Prince Nayef and the modernization process, now there became the crown prince , who no source D in the grand vision area of religion, the only question is where will come the next step in the destabilization, is part of the stranger of the royal family or of "Daesh" other fundamentalist groups that see in Saudi Arabia , a degraded state? ".
He said Butler:" Potential investors see in the proposed partial privatization of the company "Aramco" Saudi Arabia, which the company "AMPS" believes it is worth 2.6 trillion dollars, that there is a political risk added to all the obvious business problems. If I want to sell "Aramco", it would be necessary to make a deep and humiliating reduced. "
And that" the stage now is based on a lot of drama, the House of Saud is inherently weak without democratic legitimacy and a few true friends. Its main objective is the survival private, this means above all the need for stability. "
However , " History suggests that the seizure of power is not a maneuver produces a long - term success; it generates instability, the absence of legitimacy creates a vacuum united seeks filled, in the end, the inevitability of survival favors those who can achieve stability and order, and one of the common features of many of Shakespeare 's plays is that this system finally emerges from the chaos, but there are several things before we get to this point. "
concludes Butler essay that" in this moment, the newly appointed Crown Prince must think carefully about the s And for Shakespeare in Henry IV , Part II: "constant concern lies in the head that wears a crown" .anthy

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