Oil-rich Kuwait faces debt crisis – Washington Post

Oil-rich Kuwait faces debt crisis – Washington Post

The rush for jewelry stores by long-pampered Kuwaiti citizens is a symptom of impending disaster. Kuwait, one of the richest countries in the world, is facing a debt crisis. The pandemic has brought the price of oil to historically low levels and pushed the petrostate to account with its long-standing largesse, just ahead of parliamentary […]

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