Thursday, July 07, 2005

Saudi King Fahd is sinking - The Saudi stock exchange slumps

from DEBKAfile : July 7, 2005, 11:31 AM (GMT+02:00)

Saudi King Fahd is sinking. He is unconscious and hooked to a breathing machine.

Wednesday, July 6, his doctors decided to carry out a tracheotomy to help him breath.

Saudi official spokesmen claim the king is on the mend from a bout of pneumonia. But news of his deterioration spread through the oil kingdom and caused sharp drops on the Riyadh stock exchange.

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