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Saudi Arabia Asks Banks For $10 Billion Bailout As Oil Prices Crash

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Saudi Arabia’s government privately begged international banks for a loan of $10 billion Wednesday.

The government of Saudi Arabia sent a private invitation to various banks to discuss the loan, according to anonymous sources cited by Reuters. Calls by Reuters to to the Saudi finance ministry and central bank seeking comment went unanswered.


Read more: http://dailycaller.com/2016/03/02/saudi-arabia-asks-banks-for-a-bailout-as-oil-prices-crash/#ixzz41tv1Dnqz

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