30 Dec '12, 3pm

#LEADERSHIP: The Curse Of Affluence In Arabia

December 30, 2012: In Saudi Arabia the labor minister recently remarked that 86 percent of the jobs done by the eight million foreign workers in the country are not suitable for Saudis. This includes many sanitation and personal service jobs. But that’s six million jobs and expatriates, especially those from the West, commented (among themselves, not to Saudis) that most of these jobs were done, in the West, by Westerners. Some of the expats noted that Westerners doing their own dirty work were usually well paid for it, but in some countries legal or illegal migrants were let in to do the unpleasant jobs for lower wages. This is what the Saudis do, and they then take some of the money saved to pay for the generous unemployment benefits for Saudis who cannot find suitable work. The resulting high unemployment rate worries government officials, especially in the case of the ...

Full article: http://www.strategypage.com/htmw/htlead/articles/20121230...

Tweets

Report: Saudi Arabia Mulls German Tank Deal

defensenews.com 29 Dec '12, 10pm

BERLIN — Saudi Arabia is planning to buy 30 German Dingo 2 armoured vehicles worth about 100 million euros, Bild am Sonnta...

Does the U.S. Really Have More Oil than Saudi A...

theoildrum.com 03 Jan '13, 9am

Although the oil in the Bakken and Eagle Ford is being extracted from shale formations, the term shale oil has been used f...