Click here to visit the SUSRIS home page.

Trouble reading this HTML email?  Read it on-line at:
http://www.saudi-us-relations.org/newsletters/current.html 

Newsletter #292

November 16-22, 2008

 
 

 

What's New on SUSRIS

  • Saudi VLCC Hijacked by Somali Pirates

  • Update on Global and Local Financial Conditions - Brad Bourland

  • Security Cooperation in the Gulf: Actions -- Rather than Words and Good Intentions - Anthony Cordesman

Keeping Track - Recent SUSRIS Items

This Week's News - November 16-22, 2008

 

 

 
 

What's New on SUSRIS

 

Click here for complete article.Click here to read this complete article on SUSRIS.org.Saudi VLCC Hijacked by Somali Pirates

"..The seizure of an Aramco oil tanker, the Sirius Star, brings home to many people the extent of both the scourge and the dangers it poses for the Kingdom’s well-being if not confronted. This part of the world has always lived on trade, maritime trade in particular. Oil has not changed that. It has magnified it. These pirates, unless stopped, will continue their murderous, pillaging ways. This will not be the only tanker seized. There will be others. With cargoes around two million barrels, the pickings are just too tempting.."    [more]

 

Click here for complete article.Click here to read this complete article on SUSRIS.org.Update on Global and Local Financial Conditions - Brad Bourland

"..Pressure within Opec is mounting for another oil production cut, possibly in advance of its next scheduled meeting in Algeria on December 17 (there is an informal Opec meeting in Cairo on November 29). We think that in the prevailing economic environment, most Opec producers would be content with prices of between $70 and $80 per barrel. Unless oil recovers to this level, Opec is expected to cut production further this year and during the first half of next year. Lower oil prices and production will slow the rate of economic growth in Saudi Arabia next year and cut the budget and current account surpluses. While the collapse in oil prices has clear negative impacts on the Saudi economy, prices of other important commodities have also fallen fast as concerns about demand have intensified. Since the end of June the Reuters commodity price index has dropped by 48 percent. The price falls are across the range of commodities, covering industrial raw materials, food products and precious metals.."  [more]

 

Click here for complete article.Click here to read this complete article on SUSRIS.org.Security Cooperation in the Gulf: Actions -- Rather than Words and Good Intentions - Anthony Cordesman

"..The Southern Gulf states and the U.S. must make major changes in their national security posture over the next few years. U.S. withdrawals from Iraq, the rising potential threat from Iran, and the need to meet new security challenges all require substantial changes in the security posture and forces of each Gulf country and in the size, structure, and deployment of U.S. forces in the Gulf. Cooperation between the Gulf states is only one aspect of these force shifts but it is a critical one. The Burke Chair at CSIS has developed a new briefing on such cooperation that strongly challenges the idea that Iran is an emerging hegemon in the region. It draws on a briefing prepared for the 17th annual policymakers conference of the National Council on US-Arab Relations.."  [more]

 
 
   
 

Keeping Track - Recent SUSRIS Items

 
Nov 22 IOI - Security Cooperation in the Gulf: Actions -- Rather than Words and Good Intentions
Nov 19 IOI - Global and Local Financial Conditions (Nov19)
Nov 18 IOI - Saudi VLCC Hijacked by Somali Pirates
Nov 14 IOI - "Culture of Peace" Conference - President Bush's Remarks at the United Nations
Nov 13 IOI - "Culture of Peace" Conference - King Abdullah's Remarks at the United Nations
Nov 13 IOI - A Call for Unity - King Abdullah Addresses the United Nations
Nov 12 Special Report - Interfaith Dialogue: "Culture of Peace" Conference at the United Nations
Nov 11 IOI - Saudi Interfaith Dialogue/UN "Culture of Peace" Conference - Secretary General Ban Ki-Moon Q&A
Nov 6 Special Report - President-Elect Obama: Reactions
Oct 31 IOI - West Asia and the Next President: More of the Same Won't Do - Amb Chas Freeman
Oct 28 IOI - Saudi Banking Health: Central Bank Governor Update
Oct 25 Special Report - Update on Global and Local Financial Conditions - Oct 25 - Brad Bourland
Oct 25 IOI - The Vulnerability of Arab Economies - Anouar Boukhars
Oct 25 Special Report - OPEC Slashes 1.5MBPD from Production Ceiling
Oct 24 IOI - Needed: A New Vision of Inter-State Cooperation - Soli Ozel
Oct 22 Special Report - Update on Global and Local Financial Conditions - Oct 22 - Brad Bourland
Oct 20 IOI - Saudi Strategies to Counter Terrorism: the War of Ideas - Abdullah Ansary
Oct 18 IOI - Energy, Recession and Responsibility
Oct 17 IOI - The Vital Triangle: China, the United States, and the Middle East - Chapter Three - Saudi Arabia: The Pivotal State - Jon B. Alterman & John W. Garver
Oct 16 Special Report - Update on Global and Local Financial Conditions - Oct 16 - Brad Bourland
Oct 15 IOI - The Vital Triangle: China, the United States, and the Middle East - Chapter One - Introduction - Jon B. Alterman & John W. Garver
Oct 13 Interview - The Vital Triangle: China, the United States, and the Middle East - A Conversation with Jon Alterman
Oct 10 IOI - The U.S., Israel, the Arab States, and a Nuclear Iran - Anthony Cordesman
Oct 8 Interview - Exclusive - Reforms and Relations: Perspectives on the Kingdom - A Conversation with Amb Chas Freeman
Oct 8 Special Report - Economic Developments: A View from Riyadh Brad Bourland
Oct 3 IOI - Rediscovering Diplomacy: America's Reputation in the Middle East - Amb Chas W. Freeman, Jr., on "Middle East Interviews"
Oct 2 IOI - Saudi Arabia Moves Up on Index of Economic Freedom
Oct 1 IOI - Ramadan Diary - As Fasting Ends, the Lessons of Ramadan Continue - Faiza Saleh Ambah
 
 
   
 

More News This Week

 
 
 
 

Saudi-US Relations Information Service

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for the SUSRIS Email Newsletter and Articles

eMail: info@SUSRIS.org 
Web: http://www.Saudi-US-Relations.org 
© 2008
Users of the Saudi-US Relations Information Service are
assumed to have read and agreed to our terms of use.