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Saudi Arabia considers paying contractors with 'IOUs' amid oil price fall - Daily Mail
Daily Mail | Saudi Arabia considers paying contractors with 'IOUs' amid oil price fall Daily Mail Saudi Arabia is so short of cash because of plunging oil prices that it is considering resorting to handing contractors IOUs. Bloomberg reports that contractors would receive financial instruments similar to a treasury bond which they could hold until ... Saudi Arabia Plans IOUs For Contractors As Oil Takes A Toll On Its Revenue It's Saudi Arabia's World. Big Oil Just Lives In It Iran's May oil exports set to surge nearly 60% from year ago – source |
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