Iran vs. Saudi Arabia: Heating up the confrontation
Published on Tuesday, January 5, 2016 | Updated on Tuesday, January 5, 2016
Iran vs. Saudi Arabia: Heating up the confrontation
Summary
The Saudi authorities executed Shia religious leader Sheikh Nimr al-Nimr on January 2 alongside three other Shia activists and 43 al-Qaida militants. The mass execution comes at a time of increasing domestic security and economic pressures inside Saudi Arabia and of regional geopolitical setbacks for the House of Saud in Syria and Yemen.
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Authors
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Tomasa Rodrigo
BBVA Research - Lead Economist
Yigit Engin
BBVA Research - Senior Economist