More on the arrests of the Saudi princes from Yahoo/Reuters:
Purge of Saudi princes, businessmen widens, travel curbs imposed
A campaign of mass arrests of Saudi Arabian royals, ministers and businessmen expanded on Monday after a top entrepreneur was reportedly detained in the biggest anti-corruption purge of the kingdom's affluent elite in its modern history.
The reported arrest of Nasser bin Aqeel al-Tayyar followed the detention of dozens of top Saudis including billionaire investor Prince Alwaleed bin Talal in a crackdown that the attorney general described as "phase one".
The purge is the latest in a series of dramatic steps by Crown Prince Mohammed bin Salman to assert Saudi influence internationally and amass more power for himself at home.
Oil prices are pretty low so they are feeling the pinch. Everything is cyclic - they were the richest nation for a long time. Now? Not so much. Should have planned better.
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