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In loose words, and avoiding the numbers, the Saudi Crown Prince, Mohammed bin Salman, in his speech published on the eve of the “G20 Summit” wanted to obscure the reality of the situation in the Kingdom, with which the summit becomes a weak encounter, through which the young prince will not be able to relaunch his stagnant vision. . From disappointment to disappointment, this view appears to be constantly changing as the economy continues to contract, foreign investment declines, dependence on oil and gas revenues continues, the privatization process slows down, unemployment increases, and the assets of the Public Investment Fund are redirected inward, which will make the value of that Assets be reached, the threshold of 2 trillion dollars by 2030 is almost impossible.
These are all concerns, the loss of Donald Trump in the US presidential election did not come except to add to the burden on the would-be prince’s shoulders to the throne. It is true that the winning candidate, Joe Biden, will not turn his back on one of America’s traditional allies, but his arrival in the White House may return the “headache” that Barack Obama caused to Saudi Arabia. From confronting Iran, to the relationship with the “brothers” in the “Gulf Cooperation Council”, to the challenges of the Saudi interior, to the war in Yemen … all are files in which Riyadh cannot receive a ” blank check “from the US ally, as was the case during the Trump administration. Which however was not entirely satisfactory for the Saudis. What makes matters worse is the uninterrupted wandering of the Yemeni archive, from which the kingdom seems to find no way out. Confusion that is not apparent from the successive initiatives aimed at achieving a temporary ceasefire, at a time when the Saudi forces are withdrawing to the last strongholds of their allies in Marib, which are about to fall into the hands of the forces of Sana’a, and they cannot stop their Emirati ally’s incursion into the southern governorates and the west coast
