Saudi Arabia

Is the West taxing itself out of business?

It’s not a coincidence that most successful Western corporations were founded last century. Then it was still possible to build up a highly profitable company in the West. Nowadays however, that’s easier said than done. Western tax authorities, led by Sweden followed by America, are tightening any loopholes there are. [...]

Interconnected for better or for worse?

Understand how the markets work, but isn’t it incredible that a financial crisis made in America can even hit Saudi Arabia. Not only is the kingdom on the other side of the globe, it also has more money than any other country in the world. [...]

Obama shot in the foot by the Norwegians?

Most of us are delighted with the change of tone out of Washington since the new administration took office. But does that really justify giving the Nobel peace prize to Barak Obama? There is a huge gap between his words and accomplishments. The logic behind the Norwegian Nobel Price Committee seems to baffle the world, not least President Obama himself, who feels he is undeserving. [...]