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Email this article: Foreign creditors reportedly concerned by Saudi's Saad debt deal
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Posted: Sat September 19, 2009 8:31 pm
SAUDI ARABIA. International creditors of troubled Saudi groups Saad and Algosaibi fear being sidestepped by a debt deal reportedly struck between Saad group and Saudi banks.
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INTERNATIONAL. This isn't about Netanyahu and Obama, and both know it. It is about the reconfiguration of a region the US cannot subdue and cannot leave. It is the essence of great power strategy: creating a balance of power in which the balancers are trapped into playing a role they don't want.
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