Saudi Arabia is facing a 'squeeze'

Saudi Arabia has a new problem to worry about: borrowing costs.
A bunch of ugly warning signs have been bubbling up in Saudi Arabia lately.
The economy grew at just a 1.5% clip in the first quarter, its slowest rate in 13 years. The non-oil private sector was up 0.2% year-over-year — its smallest increase in about 25 years.
Output in the construction sector shrank by 1.9% year-over-year, and the weakness has begun to spill over into other parts of the economy. Things have gotten so bad tha