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KT

The Lead-Up to a New Saudi King

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Vision 2030, the Aramco IPO, the purge of business elite ... things are happening fast right now in Saudi Arabia because rumor has it that the transition of the Crown Prince to King could happen in early 2018. Wonder how oil markets will take that?

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And now MBS is seeking extradition for some of those business elite they're trying to round up and seize assets. 

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Lots of new headlines coming out of saudi today too, like an announcement that they signed an agreement with Japanese energy firms and carmaker Nissan to launch the first pilot project for electric vehicles, and another announcement on picking companies to build a nuclear power facility in the Kingdom. Definitely shaking things up.

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Aha ... so Nissan's driverless car 'predictions' for 2021 are meant to piggyback on this. 

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