Adam Hanieh

Teetering on the brink of debt default, the Eurozone economies have once again moved centre-stage in the ongoing global economic turmoil.

Saudi Arabia along with other Gulf states have been key protagonists in the counter-revolutionary wave unleashed against the Arab uprisings. Indeed, 2011 has clearly demonstrated that imperialism in the region is articulated with – and largely works through – the Gulf Arab states.

Although press coverage of events in Egypt may have dropped off the front pages, discussion of the post-Mubarak period continues to dominate the financial news.