Can The Middle East Survive Without Oil?
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Is Saudi Arabia Going Bankrupt? http://bit.ly/22gcq6a Who Controls The World's Oil? http://bit.ly/1RJMSqu Subscribe! 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
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100 billion litre oil stocks out from factories stucks nowhere.
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Saudi? you forget mecca and medina? those two cities are one of the biggest revenue for Saudi
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Do a video on China Pakistan Economic Corridor. Its a 60 billion Dollar project
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Plus their education is generally garbage. Saudi Arabia in particular has a terrible education system. A religious, ignorant and arrogant population wont do well in a post oil, post industrial economy.
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Again, great work,well presented, but to make it absolutely "awesome" numbers and graphs would be very handy when describing information about things such as islamic banking (how much capital-turn over...) or Saudi Arabia exporting "sunshine" (what's their current capacity and what are their future plans??)...these details could be easily slipped in (I'm sure you had to come across that info when making preparations for this short video-so why not to put them out there-even in a form of an info graphic-people can pause and re-read it if there interested=that way you'd keep you format length..)
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end of 2016 and the issue has been solved = agreement on output, reality on the "land"? = prices of everything are going up everywhere! FREEDOM FROM OIL FOREVER !!! is demanded ;)
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Yeah, perhaps these Saudi Arabians will focus on supporting themselves and families rather than festering on their free time on plotting terrorism on the West.
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Can the world survive without the Middle East's oil?
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Despite pork, alcohol and tobacco not having the best image, Bahrain fortunately provides them though very recently adding a newly introduced taxation on alcohol and tobacco
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Bahrain also leads in slave labor and Saudi Arabia has so much oil they use their reserves as financial & political tool. they were able to drop the price per barrel so much because they know they have enough down the road and with that drop they are destabilizing all the countries that depend on that revenue to balance gov budget (also all enemies of US IMO that's cuz they have state run oil not multinationals)
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it would be us more suffering than middle East. 30% of our GDP comes from labours working in middle east
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Remember, the only thing more precious than oil is education.
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one more reason why all arab countries follow islamic banking as its fair and good Bahrain is a good example
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hmm, US military runs on oil, so the question is... I think you got it.
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Can Deutschland survive without Bier und Wurst...???
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Can Middle East survive without oil, yes. Can Saudi Arabia and Qatar survive without oil. No.
Can UAE survive without oil. A big maybe
Can Iraq survive without oil - what? -
Right question is,"Can world survive without oil?".
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They can survive because they were surviving before oil.
Why should not next generation work hard just because they have oil .
I think they should compete with other youth in the Region hence there is no picnic forever. -
For sure ... They can survive
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Muslim Middle East would look like Yemen or Somalia without oil.
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