Locator: 48595SAUDI.
Scroll to very bottom: Saudi shenanigans again. Foreign reserves surges despite budget deficit and oil price crash.
Reminder: Noem.
Saudi: link here.
- Russia, Saudi Arabia, US: only three that matter
- Trump in the catbird seat, as they say. Unfortunately the opposition will thwart him at every opportunity
Flashback: Saudi tried this before. It was a trillion-dollar mistake. Link here.
Chart of the day -- Javier Blas -- last week.
From April 30, 2025:
Saudi: link here, foreign exchange reserves.
