Thursday, December 28, 2017

Near East Center at Princeton and its admiration for the Saudi regime

Crown Prince Mohammed is trying to rein in widespread corruption, not discretionary spending by the future king, said Bernard Haykel, professor of Near Eastern studies at Princeton University. He says Saudis don't consider splashy purchases to be corruption, nor do they typically object to wealthy princes investing in assets with tangible value like overseas property, yachts or artwork. "This is not a guy who is going to Monaco and dropping $100 million on gambling," Haykel told CNBC on Wednesday. "That would be a very different kind of story."” (Thanks Basim)