yment was "the number one national security problem that Saudi Arabia faced." He was right then and remains right now. According to an analysis by Banque Saudi Fransi, joblessness among Saudis under age 30 hovered around 30 percent in 2009. Still, many of the king's key policy decisions - joining the World Trade

finances. Already, the Saudi government is forced to devote nearly 40 percent of its budget simply to paying wages, economist John Sfakianakis at Banque Saudi Fransi in Riyadh says. "They can't keep creating $130 billion spending packages," he warns. "They can do it for another few years. But I don't think it is

yment was "the number one national security problem that Saudi Arabia faced." He was right then and remains right now. According to an analysis by Banque Saudi Fransi, joblessness among Saudis under age 30 hovered around 30 percent in 2009. Still, many of the king's key policy decisions - joining the World Trade

finances. Already, the Saudi government is forced to devote nearly 40 percent of its budget simply to paying wages, economist John Sfakianakis at Banque Saudi Fransi in Riyadh says. "They can't keep creating $130 billion spending packages," he warns. "They can do it for another few years. But I don't think it is

. "This is very a reassuring move by the central bank to limit the risk of any run on Dubai-based banks," said John Sfakianakis, chief economist at Banque Saudi Fransi in Riyadh. It will alleviate any "liquidity concerns by foreign banks about the banking system, mostly those based in Dubai." Dubai World, a state-