Behind the Headlines: MBS Saudi Takeover Heralds End of the Petrodollar? Trump Does Asia, Asia Likes It

‌MBS used to refer to mortgage-backed securities. But that's so-last-decade. Henceforth, it stands for Mohammed bin Salman, the 31-year-old upstart crown prince of Saudi Arabia who last week fired the prime minster of another (ostensibly sovereign) country - Lebanon - while purging some 200 Saudi royal VIPs from their posts, their pocketbooks, and - in at least a couple of cases - their lives. The official Saudi position is that everything is "Iran's fault". The official US position is that...