Showing posts with label Saudi. Show all posts
Showing posts with label Saudi. Show all posts

Monday, February 9, 2015

"HE WAS IN DANGER" Mystery surrounds death of US worker at Saudi Hotel

Cramer2.jpg US defense contract worker Chris Cramer in a picture taken just days before his body was found outside his hotel in Tabuk, Saudi Arabia.

The mysterious death in Saudi Arabia of an American defense contractor who fell from a third story hotel window has family and friends emphatically denying his employer’s original claim that he committed suicide.

New Hampshire native Christopher Cramer, 50, was found dead on Jan. 15 after a three-story tumble from the window of the Sahara Makarim Hotel in the city of Tabuk, where he was staying.

Cramer was in the region for Advance Defense Systems of Kollsman, providing technical assistance for a demonstration and sale of a TOW anti-armor missile system. His employer originally told family members that Cramer had committed suicide, a claim they immediately disputed, citing chilling messages begging for help that he sent to a friend just before his death.

“He called me three times that night and left me messages saying that he was in danger and to call the State Department,” Cramer’s friend and family attorney Noah Mandell told FoxNews.com. “He was there, he was in danger, and I believe he was killed.

“What’s troublesome is the cover-up. The announcement by the company that it was a suicide before seeing all the evidence is strange.”

“I know he didn’t commit suicide. You don’t send out a text like that before jumping out of the window.”

- Jennifer Kelly, sister of Chris Cramer

Cramer’s family agrees with Mandell. Those who knew him say he was a happy person who never showed signs of depression or wanting to take his own life.

“He was a happy guy,” Cramer’s nephew, Chris Arsenault, told FoxNews.com. “He was always a strong-willed man who lived for his family.”

Arsenault added that when his uncle could not reach Mandell, he texted another friend pleading for help.

“I’m at the Marakim tabuk hotel in Saudi,” reads a screengrab of the text message provided to FoxNews.com. “I think something bad is going to happen to me tonight. Please contact state dept ASAP. Bad things were said.”

Arsenault said that the messages were not typical of Cramer and that he spoke to him just a few days before his death and nothing seemed wrong.

“It just wasn’t right,” he said. “He would not send a text like that unless he was truly in trouble.”

Kollsman quickly backed away from its claim that Cramer committed suicide after his family rejected it.

In a statement provided to FoxNews.com, a representative for the company said it was working to help obtain police reports and have Cramer’s body sent back to his family in Hudson, N.H. for burial.

“We are all deeply saddened by the sudden passing of Chris Cramer and are offering our continuous support and assistance to Chris’ family and his colleagues, Clark Freise, a vice president with Kollsman, said in the statement.  “Like the family, we are eager to learn more about his death and are in continuous contact with the U.S. Department of State to strongly encourage their assistance in obtaining the final report of the local police regarding the circumstances surrounding Chris’ passing. It is important to bring Chris home to his loved ones and we are working closely with the family to expedite the repatriation of Chris.”

State Department officials did not immediately return requests for comment but had issued an earlier statement after Cramer’s death.

“We can confirm that U.S. citizen Christopher J. Cramer died outside the Sahara Makarim Hotel in Tabuk on January 15,” reads the statement. “We express our deepest condolences to his family and friends. Officials from the U.S. Consulate General in Jeddah, Saudi Arabia are in contact with the family and are providing consular assistance.

“Out of respect for the privacy of those affected by this tragedy, we will not comment further. For questions regarding the investigation, we refer you to the Tabuk Police Department.”

Cramer’s family describes him as a loving man who always put his family first.

“He’s the type of soul that would do anything for anyone,” his sister, Jennifer Kelly, told FoxNews.com. He had a great enthusiasm. He could light up the room.”

Kelly said that Cramer left on January 8 and told her not to worry, that he would be back in a few weeks.

“I think I had a harder time with him going than he did,” she said. “He told me, ‘Jen, don’t worry.’

“He was a little nervous But I think anyone would, given what’s going on in the region. I think he felt that Kollsman had his back but I think he had a false sense of security.”

The family is hoping for more answers.

“I know he didn’t commit suicide,” Kelly said. “You don’t send out a text like that before jumping out of the window.”

“I feel like they [Tabuk police] are covering something up,” she said. “We just don’t want to see this go away and be swept under the rug.”

Follow Perry Chiaramonte on Twitter: @Perrych


View the original article here



"HE WAS IN DANGER" Mystery surrounds death of US worker at Saudi Hotel

Thursday, January 22, 2015

Saudi projects huge deficit as oil price drop bites

RIYADH, Saudi Arabia (AFP) – Saudi Arabia announced a 2015 budget with a huge deficit Thursday as the world’s largest crude exporter begins to feel the impact of its own decision not to shore up oil prices.

The government announced the US$38.6 billion deficit on state-run television, saying it would nonetheless boost projected spending by tapping its vast financial reserves.

The lead producer in the Organization of the Petroleum Exporting Countries, Saudi Arabia has insisted the cartel will not move to strengthen global oil prices despite a drop of nearly 50 percent since June.

OPEC has maintained a production ceiling of 30 million barrels per day, in a move analysts say is aimed at stifling competition from new market players with higher costs, in particular North American shale oil producers.

Saudi officials have vowed not to boost production no matter how low prices go, regardless of the impact on the country’s coffers.

The budget announced for next year sees spending at 860 billion riyals (US$229.3 billion) and revenues at 715 billion riyals (US$190.7 billion).

Projected spending is slightly higher than planned for this year, but revenues are 140 billion riyals lower than estimates for 2014, said the statement read after a cabinet session chaired by Crown Prince Salman bin Abdulaziz.

The 2015 budget shortfall is the first deficit projected by the OPEC kingpin since 2011 and the largest ever for the kingdom.

Finance Minister Ibrahim al-Assaf said the kingdom was in good enough shape to see out the downturn.

“The challenge was bigger than expected. We continued to revise the budget figures as oil prices dived,” Assaf told Saudi TV.

“Despite the deficit, we will continue to spend on development projects… We have the buffers to bear the drop.”

Assaf said everyone agreed oil would rebound and that it was only a question of when.

In the past decade, Saudi Arabia overspent budget projections by more than 20 per cent and if the trend is maintained next year, analysts say the deficit will be much higher.

“I believe we are headed for a difficult year in 2015. I think the actual deficit will be around 200 billion riyals because actual revenues are expected to be lower than estimates,” Saudi economist Abdulwahab Abu-Dahesh said.

“Spending in the budget is not in line with the sharp decline in oil prices.”

The finance ministry also announced the 2014 preliminary actual budget figures, saying it expects a deficit of 54 billion riyals, the first shortfall since 2009.

The ministry said that, according to the preliminary figures, revenues in 2014 were at US$278.9 billion, 22 per cent higher than projected.

But spending was at US$293.3 billion, the highest in the kingdom’s history and about US$33 billion more than expenditures in 2013.

The rise was due to huge expansion projects at Muslim holy sites in Mecca and Medina, an increase in spending on development and foreign aid.

The price of oil, which makes up around 90 percent of public income in Saudi Arabia, has lost about half of its value since June due to a production glut, weak global demand and a stronger US dollar.

In royal decrees issuing the budget, King Abdullah called for “rationalisation of spending” and for the “accurate and efficient implementation of the budget” in 2015.

If oil prices remain at the current level of about $60 a barrel for benchmark Brent crude, Saudi Arabia is expected to lose half of its oil revenues of $276 billion posted in 2013. Oil income this year is expected at $248 billion.

But the wealthy kingdom, which pumps about 9.6 million barrels per day, can easily tap into huge fiscal buffers, estimated at $750 billion, to meet the deficit.

King Abdullah authorised the finance minister to draw from the reserves or to borrow to meet the deficit.

Ratings agency Standard and Poor’s lowered its outlook for Saudi Arabia to stable from positive following the oil price slide.

But it also affirmed its high ratings for Riyadh over the “strong external and fiscal positions” it has built up in the past decade.


View the original article here



Saudi projects huge deficit as oil price drop bites

Tuesday, August 13, 2013

Jamaica’s Francis 5th as Saudi wins first men’s 400m semi final

Latest News

Monday, August 12, 2013 | 11:10 AM

KINGSTON, Jamaica – Yousef Ahmed Masrahi of Saudi Arabia took the first men’s 400M semi-final in 44.61, in Moscow Russia a national record.Tony McQuay of the United States was second in a season’s best time of 44.66, while Brazil’s Anderson Henriques was third in his personal best 44.95.Jamaica’s Javon Francis was fifth in 45.62.Like our Facebook page https://www.facebook.com/jamaicaobserverFollow us on Twitter https://twitter.com/JamaicaObserver

View the original article here



Jamaica’s Francis 5th as Saudi wins first men’s 400m semi final