24-04-2017 20:02 via feedproxy.google.com

Saudi Arabia is making a 'U-turn' on a controversial policy

Saudi Arabia has had a rough go of it of late.
The oil crash, which shaved about 75% off the price of oil between June 2014 and February 2016, has wreaked havoc on Saudi Arabia's economy.
Saudi economic growth during the first quarter of 2016 took place at a 1.5% annualized rate, which was the country's weakest since 2013. That growth slowed to 0.9% during the third quarter of the year before ticking back up to 1.2% in the fourth quarter.
The slowdown in growth has helped contribute to Saudi Ara
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