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China Extends String of Pearls to the Red Sea and the Mediterranean – Part II

China Extends String of Pearls to the Red Sea and the Mediterranean – Part II
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Saudi Arabia sets its sights on new, but less glamorous source of wealth | Matthew Martin, Fahad Abuljadayel & Thomas Biesheuvel

In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil though, the dynamo of Saudi Arabia’s economy the past 80 years. It’s another potential source of wealth and influence the kingdom now has its eye on. Having already used its energy… ....

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Saudi Arabia sets its sights on a less glamourous source of wealth

Having already used its energy riches to upend the worlds of sports, tourism and movies, Saudi Arabia’s Crown Prince Mohammed bin Salman is prepared to pour billions of dollars into tapping the more than $1.3 trillion of metals his government says is buried in places like this. ....

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