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Houthi attacks undermine Saudi Arabia's economic ambitions

With airports closed and the capital brought to an effective standstill, attacks by Yemen's Houthis on Saudi Arabia have thrown a wrench in the kingdom's ambitious plans to overhaul the economy and draw foreign investment. A decade ago, de facto ruler Crown Prince Mohammed bin Salman launched his bold Vision 2030, aiming to diversify the economy away from oil and turn the powerful monarchy into a…

We haven't written up this one. Al-Monitor has the full story — the link below goes straight to it.

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Groups decry IMF austerity demand

COCONUT farmer Sombat Chuekrod travelled more than 200km to join hundreds on the streets of Bangkok last Friday demanding that the International Monetary Fund (IMF) and World Bank change how they deal…

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