War & PoliticsSaudi Aramco IPO

 

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 From:  CHYRON (DSMITHHFX)  
 To:  Peter (BOUGHTONP)     
42049.22 In reply to 42049.21 
“Developer makes luxury living more affordable”
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 From:  ANT_THOMAS  
 To:  Harry (HARRYN)      
42049.23 In reply to 42049.19 
Many major governments are operating a budget deficit.

They've been running a very large surplus for many years which I believe now means cash in the bank. Obviously it relies heavily on the price of oil being above the breakeven point. Which seems to be around $74 for them.

Not just SA in the middle of many wars, but it does seem very involved in a lot of conflict at the moment.
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 From:  CHYRON (DSMITHHFX)  
 To:  ANT_THOMAS     
42049.24 In reply to 42049.23 
Depends on what you mean by "break even", their production costs are ~$10 a barrel presumably the rest is to underwrite the princely lifestyle

http://money.cnn.com/2015/11/24/news/oil-prices-production-costs/index.html
“Developer makes luxury living more affordable”
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 From:  Peter (BOUGHTONP)  
 To:  CHYRON (DSMITHHFX)     
42049.25 In reply to 42049.22 
Looks like the characters "short-term illusion of" have done a Tory from your image.
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