Saudi Arabia's Interceptor Missile Stocks Nearly Depleted / bin Salman Calls for Keeping Communication Channel With Iran Open
The Wall Street Journal reported on Saudi Arabia's dire economic situation resulting from its warmongering against Yemen and the kingdom's budget deficit.
The Wall Street Journal reported the dire economic situation of Saudi Arabia following the war-making against Yemen and the country's budget deficit.
The Wall Street Journal revealed that Saudi Arabia's war-making spending has exacerbated the country's budget deficit and exposed Riyadh to economic stagnation.
According to this report, the current war against Yemen has endangered Saudi Arabia's efforts to strengthen tourism as an important base of the country's economy. The consequences of this crisis have gone beyond the borders of Saudi Arabia because this country is one of the main sources of financial support for global technology.
The Wall Street Journal added: Military pressure on Saudi Arabia has intensified because parts of the country's capital have become a battlefield.
According to this report, Saudi officials revealed that the country's stockpile of interceptor missiles is running out to deal with more attacks. Foreign investments also decreased in the first and second quarter of the year and were lower than the expected level. Also, a number of Bin Salman's projects have been stopped and Riyadh has abandoned plans to host the Asian Winter Games in 2029.
Wall Street emphasized: Saudi Arabia cannot cover the entire area of this country with air defenses and is forced to direct its defenses towards palaces and energy facilities. Bin Salman also asked his advisers to keep the channels of political communication with Iran open. It is also reported that bin Salman is traveling among palaces equipped with shelters that are heavily guarded. The members of the security team responsible for protecting these palaces have been carefully selected.