Can The Middle East Survive Without Oil?

Is Saudi Arabia Going Bankrupt? http://bit.ly/22gcq6a
Who Controls The World’s Oil? http://bit.ly/1RJMSqu
Subscribe! <a href=”http://bitly.com/1iLOHml” target=”_blank” rel=”nofollow”>http://bitly.com/1iLOHml

As oil prices remain low, oil-rich Middle Eastern countries search for new revenue sources. How are oil states diversifying their economies?

Learn More:
Saudi Arabia to run out of cash in less than 5 years
http://money.cnn.com/2015/10/25/investing/oil-prices-saudi-arabia-cash-opec-middle-east/
“Not even the mighty Middle East can survive cheap oil forever.”

The Middle East in a Post Oil-Boom Era?
http://www.brookings.edu/research/opinions/2009/01/30-middle-east-dhillon
“A year ago, my colleagues and I were espousing that, for the first time in the Middle East’s recent history, the region was enjoying two dividends simultaneously: an oil boom and a large youthful population.”

Why the Saudis Are Going Solar
http://www.theatlantic.com/magazine/archive/2015/07/saudis-solar-energy/395315/
“Prince turki bin saud bin Mohammad Al Saud belongs to the family that rules Saudi Arabia.”

Qatar’s Sovereign-Wealth Fund to Invest at Least $15 Billion in Asia
http://www.wsj.com/articles/qatars-sovereign-wealth-fund-to-invest-at-least-15-billion-in-asia-1415080679
“Qatar’s sovereign-wealth fund is gearing up to invest $15 billion or more across Asia, and plans to team up with China’s Citic Group as it pursues infrastructure and other investment.”

Music Track Courtesy of APM Music: “Responsible”

Subscribe to TestTube News!
http://bitly.com/1iLOHml
_________________________

TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubenews

TestTube now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at TestTube. For more info and to sign-up, click here. http://testtube.com/fwd

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Comments

comments