Saudi stocks dive 6.8% after finance minister vows 'painful' measures

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Almost all stocks on the Arab world's largest bourse were in the red just minutes after the start of trading. FMTNews Saudi

A banner showing Saudi King Salman

Almost all the listed stocks on the Arab world’s largest bourse were in the red just minutes after the start of trading. “Some of these measures could be painful,” he said in an interview with Saudi-owned news channel Al-Arabiya. Saudi Jadwa Investment, an independent think-tank, forecast Thursday that the kingdom would post a record $112 billion budget deficit this year.

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Time again for Saudi MBS to go capture a few hundreds more of his bastard relatives and lock them up to reinforce his position.

🤣🤣🤣👍🤣👍🤣🤣🤣

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