{"id":1796,"date":"2014-11-19T07:02:03","date_gmt":"2014-11-19T12:02:03","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1796"},"modified":"2014-11-19T07:02:03","modified_gmt":"2014-11-19T12:02:03","slug":"is-saudi-arabia-waging-economic-warfare","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1796","title":{"rendered":"Is Saudi Arabia Waging Economic Warfare?"},"content":{"rendered":"<p><a href=\"http:\/\/oilprice.com\/Energy\/Oil-Prices\/Is-Saudi-Arabia-Waging-Economic-Warfare.html\">Is Saudi Arabia Waging Economic Warfare?<\/a>.<\/p>\n<p style=\"font-weight: inherit; font-style: inherit; font-size: 1em; font-family: inherit; vertical-align: baseline; padding: 0px; margin: 0px 0px 1em 0px; border: 0px initial initial;\">The G20 is a conference of the world\u2019s top 20 economies as measured by Gross Domestic Product. Some observers have slammed it as an unelected and arbitrary body that is doing some of the work the United Nations was intended to do\u2013 only in a much less egalitarian way. The\u00a0<a style=\"font-weight: inherit; font-style: inherit; font-size: 14px; font-family: inherit; vertical-align: baseline; color: #24606c; text-decoration: underline; outline-style: none; outline-width: initial; outline-color: initial; padding: 0px; margin: 0px; border: 0px initial initial;\" href=\"https:\/\/www.g20.org\/about_g20\/g20_members\">official web site notes<\/a>.<\/p>\n<p style=\"font-weight: inherit; font-style: inherit; font-size: 1em; font-family: inherit; vertical-align: baseline; padding: 0px; margin: 0px 0px 1em 0px; border: 0px initial initial;\">\u201cThe G20 membership comprises a mix of the world\u2019s largest advanced and emerging economies, representing about two-thirds of the world\u2019s population, 85 per cent of global gross domestic product and over 75 per cent of global trade.<\/p>\n<p><span class=\"Apple-style-span\" style=\"color: #393939; font-family: Arial, Tahoma, Verdana, Helvetica, sans-serif; font-size: 14px; line-height: 20px;\"><\/span><span class=\"Apple-style-span\" style=\"color: #393939; font-family: Arial, Tahoma, Verdana, Helvetica, sans-serif; font-size: 14px; line-height: 20px;\">The members of the G20 are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union.\u201d<\/span><\/p>\n<p><span class=\"Apple-style-span\" style=\"color: #393939; font-family: Arial, Tahoma, Verdana, Helvetica, sans-serif; font-size: 14px; line-height: 20px;\">Saudi Arabia maintained to journalists that Riyadh is\u00a0<a style=\"font-weight: inherit; font-style: inherit; font-size: 14px; font-family: inherit; vertical-align: baseline; color: #24606c; text-decoration: underline; outline-style: none; outline-width: initial; outline-color: initial; padding: 0px; margin: 0px; border: 0px initial initial;\" href=\"http:\/\/english.alarabiya.net\/en\/views\/news\/middle-east\/2014\/11\/15\/Saudi-Arabia-the-G20-summit-and-oil-.html\">not behind the recent fall in gasoline prices<\/a>. The suspicion has arisen that Riyadh is \u201cflooding the market,\u201d a technique it has used in the past, of pumping a lot of oil even in the face of weakening market demand, thus driving the price down.<\/span><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Saudi Arabia Waging Economic Warfare?. The G20 is a conference of the world\u2019s top 20 economies as measured by Gross Domestic Product. Some observers have slammed it as an unelected and arbitrary body that is doing some of the work the United Nations was intended to do\u2013 only in a much less egalitarian way. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3,5],"tags":[344,353,600,1246,701,822],"class_list":["post-1796","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","category-geopolitics","tag-g20","tag-gdp","tag-opec","tag-riyadh","tag-saudi-arabia","tag-un"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1796"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1796\/revisions"}],"predecessor-version":[{"id":1797,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1796\/revisions\/1797"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}