Anger over Arab wars fuels jihadi threat in Saudi Arabia

Yahoo News: "Sophisticated attacks by an Islamic State branch in Saudi Arabia show the jihadist group is better established there than previously suspected, and that fueled by anger over Arab civil wars, Riyadh's militancy problem is not going away."

Oil running out, Saudi spending USD140B on #transit. #IslamicState already provides #freetransit

Saudi Arabia chases investors for $140bn public transport plan - Transport - ArabianBusiness.com: "Authorities revealed a 10 year expansion programme that will see $90 billion spent on infrastructure, rolling stock and buses and a $51 billion spend on operations."

Oil subsidies were always a bad idea.. now comes the pain of ending them

Iran’s taxi drivers reel from end to fuel subsidies - FT.com: "Ending the flow of cheap fuel to its citizens is just one of many economic reforms that the centrist government of president Hassan Rouhani is struggling to push through. Earlier this year bread subsidies were reduced and they are scheduled to be scrapped by year-end. The price of one loaf of sangak — a popular traditional bread — has almost tripled, which bakers say has led to decline in consumption."

Istanbul public transport 6 times cheaper, 40 percent faster, 7 times cleaner than cars - Daily Sabah

Daily Sabah: "ording to a recent study released by Istanbul's public transport body İETT, mass transport is up to six or seven times cheaper and 40 percent faster than private commute by cars."

Oil subsidies of USD 300B/year threaten Middle East econonmy

atlantic council : "Middle East governments will spend up to $300 billion subsidising fuel costs this year, according to new calculations by the International Monetary Fund (IMF). That amount is equivalent to almost a third of all government revenue in the region. Large scale energy subsidies make little economic sense, according to the IMF, as producers are increasingly strapped for cash after a significant decline in oil prices. In the United Arab Emirates (UAE), steps have been taken to reduce energy subsidies, but the IMF has called for subsidies to be phased out completely. In Saudi Arabia, the IMF estimates that reserves will last only for the next six years at current spending rates. [The National, 5/18/2015]"

US worst fear, flag of Islam waving over Kirkuk oil

 https://archive.org/details/waktolohom

IS Kirkuk - Recent images of Battles in Alas and Ajil Oil Fields pic.twitter.com/c9qC8YNsPe

— islam (@99999930_islami) May 17, 2015

How a fatal car crash in Iran exposed growing anger towards super-rich

The Guardian: "The death of a glamorous 20-year-old woman in a high-speed car accident in a canary yellow Porsche in Tehran has stirred up anger about the growing wealth gap in Iran."