One of the World’s Richest Petrostates is Running Out of Cash
Lights illuminate the Kuwait Towers at night in Kuwait City, Kuwait. (Photographer: Tasneem Alsultan/Bloomberg)

One of the World’s Richest Petrostates is Running Out of Cash

(Bloomberg) -- When Kuwait’s then-Finance Minister Anas Al-Saleh warned in 2016 that it was time to cut spending and prepare for life after oil, he was ridiculed by a population raised on a seeming...
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