Saudi Arabia, rapid changes and change of guardSaudi Arabia is in the news recently for major changes, some of them never even heard of. Saudi is now being closely watched by the international community, it affects India also (migrant workforce). In a sudden major move, the country's crown prince clamped down on major officials and a few royals all linked to charges of corruption. Even Prince Alwaleed Bin Talal, also known as Warren Buffet of the Middle East was not spared. The movement of these key individuals is blocked including a freeze on private jets. Last week, Prince Mansour bin Murqin died in a helicopter crash in the middle of this corruption crisis.
Now reports are emerging that the current king is in the process of handing down power to his son Prince Mohammed bi Salman.
Since yesterday Saudi and Kuwait have issues orders for all its citizens to leave Lebanon immediately.
When something like this happens, there is often a mini-crisis in the middle east including military attacks. Hope things don't escalate as an adverse geo-political and financial impact is the last thing we need now.