Welcome back to your trading desks for the new year, now let’s make sure it’s a good one! Well, it didn’t take long to set up a massive new spin on an old theme, did it! Shia cleric Sheikh Nimr al-Nimr was executed by Saudi Arabia over the weekend, beheaded for terrorism offences along with 46 others. The execution has pushed Shia/Sunni tensions over the edge with the two sectarian powerhouses set to lock horns in more way than one. Speaking to the Iranian state news agency, the largely Shia
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