The U.S gets about 20% of it’s oil from the Middle East. Saudi Arabia can produce over 10 million barrels a day at $140 ($1,400,000,000 per day) Most of the exports go to Asia.
Organization of the Petroleum Exporting Countries “The OPEC MCs coordinate their oil production policies in order to help stabilize the oil market and to help oil producers achieve a reasonable rate of return on their investments.”
Oil-producing countries benefit directly in the form of high export profits. The non oil-producing states receive benefits from their oil-producing neighbors.
As a result of this wealth, enormous social achievements have occurred. Infant mortality was halved, and life expectancy rose by more than ten years. School enrollment went up and adult literacy rose from 34% to 53%.
The success of Middle Eastern economies is tied to the price of oil.
Done everyday to thousands of spectators. Illustrates the tensions that still exist in the region. Was toned down in 2010 because soldiers complained of knee injuries. Often leads to unrest on both sides of the border by rowdy spectators.
Tallest building in the world Tallest free-standing structure in the world Highest number of stories in the world Highest occupied floor in the world Highest outdoor observation deck in the world Elevator with the longest travel distance in the world
Armani Hotel Luxury apartments Corporate Suites
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