HOME

Press Center

In the Media | Detail

Arnaud de Borchgrave, a CSIS senior advisor, published a commentary in the Washington Times, "Mission unaccomplished."
January 22, 2008

Author:

Arnaud de Borchgrave

Associated Programs:

Transnational Threats Project

Related Research Focus:

Defense Policy

Experts :

Arnaud de Borchgrave

Excerpt:

President Bush's Air Force One was still airborne on its way back from a six-country, eight-day tour of Middle Eastern capitals when agreements and understandings began to unravel.

Saudi Arabia's King Abdullah was noncommittal on pumping more crude oil. With oil at $100 per barrel, all OPEC countries are already siphoning off at full capacity and the desert kingdom's now small extra capacity would be a drop in the global bucket. The six Gulf states, known as Gulf Cooperation Council, have already accumulated a cool $1 trillion nest egg — half of which is already assigned to SWF (Sovereign Wealth Funds) for investment abroad.

Mr. Bush's quid for the king's quo was $20 billion worth of high-tech military goodies over the next 10 years (still not authorized by Congress nor accepted by the king who is also shopping in Britain, France and Russia).

Read the article

The Center for Strategic and International Studies (CSIS) is a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions; accordingly, all views, positions, and conclusions expressed in these publications should be understood to be solely those of the authors.

View More 'In the News' Items
Center for Strategic and International Studies, 1800 K Street, NW, Washington DC, 20006 | Tel: 202-887-0200 | Fax: 202-775-3199