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 Post subject: King Fahd is dead
New postPosted: Mon Aug 01, 2005 1:30 am 
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http://news.bbc.co.uk/1/hi/world/middle ... 734175.stm


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 Post subject: Boy, you're fast....
New postPosted: Mon Aug 01, 2005 1:40 am 
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...beat the rest of us to the keyboard....

So, what does it *really* mean?

-ft


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 Post subject: Re: Boy, you're fast....
New postPosted: Mon Aug 01, 2005 1:43 am 
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freetoken wrote:
...beat the rest of us to the keyboard....

So, what does it *really* mean?

-ft


??
will oil prices go up, if so why?
will Al Queda go for a coup now?
Will Israel or the US stage their own in some way?

confused, you will be

SOAP
(Saudi Oil at Peak)


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 Post subject:
New postPosted: Mon Aug 01, 2005 1:45 am 
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His death won't change that much, because his halfbrother Abdullah has been pretty much in charge since 1995, when King Fahd suffered a serious stroke...

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 Post subject:
New postPosted: Mon Aug 01, 2005 2:52 am 
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inconsequential news really. he's not been in charge for 10 years.


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 Post subject:
New postPosted: Mon Aug 01, 2005 2:58 am 
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Quote:
inconsequential news really. he's not been in charge for 10 years.


This is true but not true! He has run the country, but under the kings rule... Now we have to see who gets the power in SA... There are several families who are competing to get the power, this can destabilize the country.


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 Post subject:
New postPosted: Mon Aug 01, 2005 3:09 am 
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This is a monarchy guys! In a monarchy, loosely-defined succession is a recipe for trouble, especially when a gigantic amount of wealth is at stake.


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 Post subject:
New postPosted: Mon Aug 01, 2005 3:30 am 
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No changes' to Saudi oil policy

Quote:
Monday, August 1, 2005; Posted: 4:50 a.m. EDT (08:50 GMT)
LONDON, England (Reuters) -- Saudi Arabia will adhere to its long-standing oil policy aimed at keeping global markets well supplied to stabilise prices following the death of King Fahd on Monday, Saudi sources said.

Oil prices moved moderately higher after Fahd's death was announced, with U.S. crude up 56 cents at $61.13. Crown Prince Abdullah, in charge of Saudi since Fahd suffered a stroke in 1995, was named monarch of the world's largest crude exporter.

"I am sure nothing will change regarding Saudi Arabia's oil policy," a Saudi source told Reuters.



http://www.cnn.com/2005/WORLD/meast/08/ ... index.html


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 Post subject:
New postPosted: Mon Aug 01, 2005 3:57 am 
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I had been wondering if he was dead for the last few weeks.

Possibly we underestimate the amount of influence that Jawhara (4th wife)
and favouritr son Azouzi may have had on policy whilst Fahd was still alive.

I understand Abdullah has a Bedouin background and reformist attitude
which might mean a reduction in things like secret commission deals with US corporations etc.

In conjunction with the sudden retirement of Bandar Bush perhaps business relationships with US may cool a tad.

Abdullah is only 1 year younger than Fahd so may not be around for much longer.

He is likely to be much fitter than Fahd ever was though and lives a less excessive lifestyle.


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 Post subject:
New postPosted: Mon Aug 01, 2005 5:31 am 
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But how do you know he's king?

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 Post subject:
New postPosted: Mon Aug 01, 2005 6:09 am 
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Article 5 of King Fahd 1992 decree states :
Quote:
Article 5
(a) The system of government in the Kingdom of Saudi Arabia is that of a monarchy.
(b) Rule passes to the sons of the founding King, Abd al-Aziz Bin Abd al-Rahman al-Faysal Al Sa'ud, and to their children's children. The most upright among them is to receive allegiance in accordance with the principles of the Holy Koran and the Tradition of the Venerable Prophet.
(c) The King chooses the Heir Apparent and relieves him of his duties by Royal order.
(d) The Heir Apparent is to devote his time to his duties as an Heir Apparent and to whatever missions the King entrusts him with.
(e) The Heir Apparent takes over the powers of the King on the latter's death until the act of allegiance has been carried out.

Extracted from :
http://www.the-saudi.net/saudi-arabia/s ... tution.htm

ABDALLAH bin Abd al-Aziz Al Saud is the Heir Apparent - 81 years old. For futher informations try :
http://en.wikipedia.org/wiki/Politics_of_Saudi_Arabia

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 Post subject:
New postPosted: Mon Aug 01, 2005 7:53 am 
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So when do they elect a new King? ( ironic smart ass joke)

The US military is in Iraq maybe they should go down to Saudi Arabia and spread democracy down there. I mean this is an old school monarchy like England had 200 years ago. Maybe it is time the joined the twentieth century.


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 Post subject:
New postPosted: Mon Aug 01, 2005 8:43 am 
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Without Bush's conquest of neighboring Iraq, the Saudi succession probably would have gone smoothly. However, Bush's actions have polarized the Saudi ruling elites, increasing the likelihood of a power struggle.

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"There was a time before reason and science when my ancestors believed in all manner of nonsense." Narim on <I>Stargate SG-1</i>.


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 Post subject:
New postPosted: Mon Aug 01, 2005 9:08 am 
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Aaron wrote:
But how do you know he's king?


He hasn't got shit all over him.

:-D


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