37 Burst results for "Saudi"

Fresh update on "saudi" discussed on #hottakeoftheday

#hottakeoftheday

01:21 min | 5 hrs ago

Fresh update on "saudi" discussed on #hottakeoftheday

"Us is declining. Sure so there. I mean there. There's so many moving parts in any complex system and oil is one of the more if not the most complex system in our entire civilization economy is founded on oil so That's another conversation altogether but so the the simple way to look at it is to ignore All the numbers to ignore. What now is ninety. Four million ninety six million or is jet fuel six percent or five point eight percent or whatever. And so what i look at and i think what markets look at is inventory and Because in other the numbers are uncertain they go up and down but but the the the ultimate source of supply. It's like it's like saying. Look i don't really know how much money's in my checking account this today but i know i've got can thousand dollars in savings and so whatever happens within reason You know i can be way off on checking. But i know. I've got enough in savings or conversely you know i got nothing but whatever have checking and so if i can't pay for it out of checking i'm in trouble so storage or inventories savings account and and if we look at the storage that we know about are there's a lot we guests about no fairly closely what's going on with. Us storage. Us storage is moving very quickly towards the five-year average where we've gone from one hundred and fifty two hundred seventy five million. Depending on which refined products you include with crude oil and were down to something like twenty five or or so and were were. Were losing about five million a week. So we're almost at the five year average if you look at oecd. We're at the five-year effort. So we're right at that at that inflection. Point between when markets are long and markets are sure you have a surplus of inventory or comparative inventory. Markets Are are are long or short rather if if you get into a deficit or you're approaching one. You're in the opposite situation. That's where we are and so our savings account is pretty nearly zero and when when that when when that eventuality approaches and by the way. It's it's not unusual to be zero. It's not unusual to be negative. We just haven't been in that territory or very far into that territory since two thousand fourteen. So were there. And that's what markets are looking at and they're saying jeez you know if we have an unexpected expense. How are we gonna pay for. You know if we have another bombing at in saudi arabia or You know if libya goes off line. Where where's the oil gonna come from. And before i leave this your point about opec has plenty of spare capacity. Sure they do For a couple of months but markets are like cpa's they markets say Great that opec has all this. But but we're kind of used to all this income that you've been reporting and a big piece of that is us and whether that oil is as usable as saudi oil on another another layer all together. But we're used to that income and so if if art berman is telling you that oil production is down two million in the us. Jabber were nose. And it's almost certainly gonna drop another million million and a half or more than your. Cpa's san you've got a problem and that's markets are saying. It's it's kind of funny. Because i have been thinking about the comas thing. A lot. my thesis going into twenty twenty. Was that all the tier. one inventory was drilled. We were drilling too tight. There was a level of capital discipline. It still wasn't as high as i thought. But then we saw declines in us production from the peak eia nine fourteen report was november. Twenty nine thousand nine hundred at twelve point eight five and through march before corona virus. Hit before anyone reacted. We were down to late. Twelve point six so we had declined two hundred and fifty thousand barrels and the thesis was working and my overall overarching thesis was. The world produces one hundred million barrels a day. Opec doesn't have a ton of spare capacity. We're going to grow demand a million barrels a day. The us is going to shrink not grow. And that's gonna make oil sixty which means that on a relative basis some undervalued companies and. We are sitting there again today. Obviously we got kicked in the face by opec and kovic last march. But i'm curious where you think this goes and i would thai-saudi to this because january third or four. They came out and effectively unilaterally lowered a million barrels a day of their own production. And its it stands to reason as i understand it. They have five hundred million barrels of their own long term storage in the world and fifty to sixty of short term. And so as we're pulling inventory out of storage. It seems that they're selling their own inventory to make up for the revenue. They've message to the market that they're down a million which has then move price up so they've made up for it and they're making more. So how does saudi play into all of this. And what did you take from the million barrel a day cut and what it means for longer term they were funny about. They were Oh boy no do we have do. We have a surprise for year. And now haven't we been good little boys and how well we regarded the So yes saudi. Arabia may need money then. Care and Aramco certainly understands inventory and comparative inventory and they saw an opportunity here to get a buzz on on their revenue and our. They've they've seized it there A little exhausted. I would say with another the negotiation piece of this mason. Screw it we're going to do. It's good with for us.

Five-Year Six Percent Last March Ninety Two Million Five Year Fifty Five Hundred Million Barrels November Five Point January Third Saudi Arabia Today A Million Barrels Sixty March Eight Percent Twenty Nine Thousand Million One Hundred Million Barrels A
Fresh update on "saudi" discussed on Biz Talk Radio Show

Biz Talk Radio Show

02:10 min | 5 hrs ago

Fresh update on "saudi" discussed on Biz Talk Radio Show

"Much nicer in the last few months. I don't know if it's the virus. I don't get really any disrespectful emails anymore, except from Jason. I know Jason loves me. Who's Jason? Just somebody I have gotten to know very well. A great American. That is very, very pro. I think pro Trump. You can call him that. And does not happy when I take him on, But Trump's gone now so hopefully That won't go on. We'll get into that in a little bit. So you can email me. Just be nice. We can agree to disagree. If you'd like to hear we're doing like to hear you're doing press the money management button presses subscribe button together notes Direct you on our email service Conviction leaders come one month free because we're so benevolent. Go Check it out of Gary. Kate. Calm, all right. No particular order because we got a dozen emails on today because we mentioned the stock yesterday. Talking markets here. Game stop. We told you we thought the move in the stock was short selling related. And when we looked at the numbers The first thing that shot out for us, there are more short. Then the float and how can that be? I'm now being told that there's 138% short of the float. So if there was 10 million shares in the floating that's outstanding trading. That means 13,800,000 was short. I don't understand how you get that, because in order to be short the stock you have to go out and borrow the stock first. So how do you borrow? What's not there? I don't know. But let me be clear. This is the definition of a short squeeze. It does not happen in bear markets. It happens in frothy speculative market. So we're going to add this to the evidence off what I've been telling you because today Gamestop finished up $22. 65 bucks. It hits 76. They had to stop trading. It went down to 55 still rallied again. Even though the company was on the verge of bankruptcy. What is a short squeeze? It's simple. In order for somebody that is short the stock betting on lower prices in order to get flat, get out of the way of being short. They have to cover How did they cover They have to buy back the stock that they don't that they are short that they borrowed so they have to do a buy. This is stock not owned. It's borrowed When there's too much in the stock starts moving, it tends to feed on itself and the greed of people thinking it's gotta go lower. They crap in their pants and they started buying and buying and buying. And you sometimes you end up with them. What we call the mother of all squeezes. And there you have it. Simple is that we had We discussed it on the show yesterday. We had no idea what it would do today. This is what it's about, fundamentally There's an argument that this stock isn't worth five bucks. It's now with a new all time high, up from five bucks five months ago. 65 bucks and the people that are short. May I state Are going to be drinking heavily this week if they did not cover And how did I see that? How much was short? I have a little thing here That shows short interest days to cover and what you do is you take how many days the cover times the average daily volume. And right now, this four days, the cover There's 18 million shares. Trading a day. Yes, I looked at 72 million shares. Shares in the floater only 66 million There you have it. A big short selling guy came out and did a video yesterday saying, this thing's worth 20 bucks and I'm short. Well, he got his arse handy to him today. That's why it is always very important that fundamentals ultimately matter always, they ultimately matter. When you have markets like this man, anything goes Anything goes. I am saying on a daily basis crap. Companies that have nothing In these blind pools. Jumping. Which leads me to The next port. Company called Lucid Motors is preparing to go public. In a blind pool. In 2000 and 18. They were basically debt. They had no cash. It was over and done. By the way, the electric vehicle cramp. Saudi Arabia came in. Their wealth fund invested $1.3 billion in the company, even though it was just the pure startup. Well, nothing has changed. It's a pure startup. Saudi fund is gonna be able to cash out and the lucid founders even though they got nothing, There's nothing. It's hot air. Is going to be putting it on to the market and the morons out there. We're going to be buying into it. They're going to get out and eventually this thing will drop 90%. If not more. And of course, they're all electric vehicle makers. Member. I didn't make up. The the dog crap analogy. This is the dog crap analogy. All these people, see? Oh, Great scam of these blind pools. We can just get him out there and they'll just buy him because why? They're moving. All it takes. That's the mania that Powell has created. And that's the knowing by me. That we're in the late innings because we told you up front that the endgame will this be type will be this type of activity. We told you months ago not knowing in what form We had no idea would take the form of blind pools, which, by the way, when I started in the business of a penny stock firm, they were doing blind pools and got censured and fined for doing blind poles. But now it's mainstream. A year or two from now. When they're all down 90 some odd percent Most all down 90% some down 100. We find out a ton of them were scams. Anybody. You think gonna go to jail?.

Jason Donald Trump Gamestop Saudi Fund Saudi Arabia Kate Gary Lucid Motors Powell
Are Probiotics Ready for Practice?

The Carlat Psychiatry Podcast

04:35 min | Last week

Are Probiotics Ready for Practice?

"My first faculty position was a minority turkeys was introduced a college in dublin and was a gastroenterologist. They're not keeling was a very good friend of mine. He persuaded me that. The brain got access was relevant in relation to psychiatric illness at that time. Dopey really considered microbes within the got to be relevant in relation to the brain got access. And when i came back to cork seventeen or eighty years ago. A group of micro biologist and gastrologist decided that they're going to set up a new at brain got institute which we set up so i was involved in setting it up and at that stage. People thought michael might be important in relation to the brand. It wasn't at all clear so we begun researching the area. And i've been working in that area now for the past seventeen eighteen years. I'm a psychiatrist. And i decided at the very beginning that if we were going to engage in this research that we are going to publish the best journals out there because it's an emerging discipline. There's a certain degree of skepticism. About self our initial publications would have been been john peony s to the nineteen nineties. The general sense i got was that the brain is protected from the rest of the body by a tight web called the blood brain barrier other than stroke and a crane disorders and a few infections. There wasn't much that got in their back then. Psychopharmacology was all about synoptic festivals and neurotransmitters. But things have changed one landmark that stands out to me was two thousand thirteen. That was when dr trolls raisins group at emory published. The first randomized controlled trial of a medication that treats depression without even crossing the blood brain barrier. How did it work with saudi getting into the brain. The thought was that it treated depression. By reducing inflammation in the body. The medication was to the crisis factor antagonised inflexible and worked for treatment resistant depression but only in those who had elevated markers of inflammation like crp. You're probably not going to be using inflexible matt in everyday practice because it has to be given. Iv among other things but in this journal we featured a few articles lately on how to treat depression by reducing inflammation and dr dina's work on probiotics and the mind gut connection is one of them. But first let's hear from dr dean about what the gut microbiome is. The god microbiome is essentially the collection of micro organisms within the intestine. Now the majority of them are in the large in stein and the beat assed volume is carried bacteria. Now there are obviously viruses and fungi. There there are a variety of microbes. But we've largely focused on bacteria the golden microbial over navarine adult like you are. I is at least a kilo gram and weight. So it's it's quite a large wage. It's it's pretty much the same way. As the human brain really traditionally. We've always taken the view that their commencement. They don't do anything any harm there. There we feed them because we feed these bacteria as well but it really is only one in the last fifteen years that people have begun to realize that in fact there really is a synergistic relationship between these microbes and dos and was we might feed them that they in turn produce chemicals that our brain and other organs in our body absolutely choir how these gut bacteria influence the brain when i think they influence the brand in a variety of ways that be one of our database of boll is big areas of research over. The years is trying to anything. There are lots of unknown questions but the narva security very important majority. It's a long meandering nerve. It sends signals from brain. To got it sends signals from the brain we showed in taper in peony s their own twelve years ago. That sir microbes could only communicate with the brain. Is the vegas nerve was intact. So we did a gossipy in an animal. The microbe couldn't communicate with the brain. So the vegas nerve has very important author important.

Brain Got Institute Depression John Peony Dr Trolls Keeling Dr Dina Dr Dean Dublin Emory Stroke Michael Saudi Stein Matt Vegas
Launching A Business In A Pandemic With LL Cool J

All Markets Summit

03:14 min | Last week

Launching A Business In A Pandemic With LL Cool J

"So talk me how do you how do you lodge at business during a pandemic when you can't necessarily get up close and personal can't see them in a room how do you how do you pull that off. Well you know. Luckily we would building a platform right. It is a platform business so You know obviously this. Was you know we were well into on our way to building his business fall before the pandemic it just so happened way. Timing worked out that we had we launched in the middle of a pandemic But because we're an online platform that helps us. It didn't affect our reach. We didn't start in a bricks and mortar areas so that was an advantage Beyond that it's really about just making sure that our stories and our narrative is we tell the right story to the people in that they get it and people have responded and they love the station. They love we're doing and now it's just a matter of getting the people that love the station to understand that rock the bells dot com as an extension of that. And it's a place where they can go to really experience classic hip hop in all its various facets and dimensions and Look hip hop is an eagle system. You know what i'm saying and We feel like we could touch. Allow parts of that. And that's what's happening so so the how is basically you know it's it's staging an execution right like we're we're doing it. It's very stage. You know what i'm saying. We we not trying to do it. All at once. we have a very clear way of how trying to roll things out. We'd be in very specific about that but we also know that we have you know. There is a flywheel the in between content commerce experiences. We can get that thing turning and and get it rolling and build some momentum and we have and it's just a matter of time you know rocket dot com is really appealing rock. The bills appeal to the fans in a big way. And we just gotta keep doing what we're doing and be authentic while we doing it and give the people what they want. You know there are a lot of struggling business out businesses out there during the pandemic if someone is watching this and they see l. J. start a business from scratch. I wanna do that. How do you know who to trust. I can imagine you have dealt with all sorts of people throughout your career. How do you know who to put your trust in. Well you gotta you got to look. You gotta have faith into you. Gotta you gotta go with your gut. I think good instincts are an important tool in your toolbox using your intuition using your instincts and If something is knowing at you don't ignore that voice in saudi. Don't ignore that small still voice you know. I don't have all the answers. But i just think that rock the bells Could be something really cool. You know what. I'm saying. I i it is something really cool and i feel like You know you have to do something that you're not only passionate about in that you can be the best at but then you have to have the people around you that have the skill set to operationalize what it is. You're trying to do. Rock the bells is not just about you know. Ll cool j. In my knowledge of classic hip hop it's there's also people. I put people in positions who really understand the fundamentals of how to you know. Take this business from a to z. You know and that's what it's about. And then you know the chips fall where they may but we're going to do our best to give people something that we believe that that we totally believe in and i'm going to put the right people right position so that we can operationalize a business and take it to the next

Saudi
Aid agencies fear impact in Yemen after US terror decision

PRI's The World

03:47 min | Last week

Aid agencies fear impact in Yemen after US terror decision

"With just nine days left for the trump administration today a big shift in us foreign policy in the middle east which could have long lasting effects secretary of state. Mike pompeo says the us will designate. Yemen's who the rebel movement a foreign terrorist organization this could seriously complicate future efforts to deal with yemen's humanitarian crisis and bringing the war to an end with us as yemen spokesperson for the norwegian refugee council mccormick. She joins us from auden. We need to quick reminder rena who are and what they represent to the state department specifically under mike pompeo sarala are otherwise known as to who 'this and they're the movement that took over the cups to of yemen's on a abide five years ago which sparked at the us to get involved in saudi led coalition in support of the government at attempt to remove them they significance for the united states has been an their accusations that the unser allow movement are backed by iran which of course for the us has broader regional at considerations and so it seems clear that this latest move is part of that regional strategy to try to minimize iranian influence in the region. This is quite fresh news. What is the reaction from yemen to do. Most people think this plan designation of who these as foreign terrorist organization was politically motivated. Well the news came in for us yemen time just this morning and so people are really trying to get to grips with us. At the moment. It's been mixed reactions here in yemen. Answer the otherwise known who have come out and in turn accused. The united states government of acting in a terrorist way other reactions from aid organizations have been the same message that has been given to the united states government for the last few months when such a move was being suggested which is that on many levels. This would be catastrophic and it would certainly have a widespread impact on the humanitarian situation. Here on the ordinary of yemenis who are trying to live their lives your organization the norwegian refugee council. What are you looking at are concerned about. What the implications of this they're going to for our ability to run an office hire staff and get goods into the country get critical supplies like food and water and supplies to help fight kovic around the country to the communities who need it's the most get materials for building emergency shelters an widely the kind of impacts that. We're looking at art. That really the feeling is that this will be devastating for the yemeni economy which is already in ruins after more than five years sustained violent or is it your expectation that the incoming biden administration will reverse this plan decision to label the husky rebel movement a foreign terrorist organization. It may not be possible to reverse this decision on if not then it is possible to put in place. The kind of protections in safeguards that are needed so these would be safeguards immediately and for all humanitarian activities near monitoring supplies. It also safeguards so that imports of critical and food and other supplies can come in and out of the country would go a long way towards mitigating or softening some of the impacts of this designation and as for the rest we i suppose we will have to see on the twentieth of january when the new administration comes in we are asking for the biden administration to make yemen one of its number one priorities on day. One re mccormick the yemen spokesperson for the norwegian refugee council. Speaking with us from auden. Thank you very much here. Very welcome

Yemen Norwegian Refugee Council Mike Pompeo Mike Pompeo Sarala United States Us Yemen United States Government Auden Rena Mccormick Middle East Saudi Biden Administration Iran
Deutsche Bank to pay $130 million to avoid bribery charge

News, Traffic and Weather

00:20 sec | 2 weeks ago

Deutsche Bank to pay $130 million to avoid bribery charge

"Deutsche Bank has agreed to pay fines and penalties of about $130 million to avoid a criminal prosecution on charges it participated in the foreign bribery scheme involving Saudi Arabia. Lawyers for the bank waved its right to face an indictment on conspiracy charges Friday during a teleconference in New York City. Deutsche Bank said it had cooperated with federal authorities.

Deutsche Bank Saudi Arabia New York City
Deutsche Bank to pay $130 million to avoid bribery charge

News, Traffic and Weather

00:20 sec | 2 weeks ago

Deutsche Bank to pay $130 million to avoid bribery charge

"And penalties of about $130 million to avoid a criminal prosecution on charges it participated in the foreign bribery scheme involving Saudi Arabia. Lawyers for the bank waved its right to face an indictment on conspiracy charges Friday. During a teleconference in New York City. Deutsche Bank said it had cooperated with federal authorities. We check your money at 20 and

Saudi Arabia Deutsche Bank New York City
On EU's doorstep, UN raises alarm for thousands of young migrants sleeping rough

UN News

05:43 min | 2 weeks ago

On EU's doorstep, UN raises alarm for thousands of young migrants sleeping rough

"Whatever. Two and a half thousand migrants and refugees have been forced to sleep rough in bosnia herzegovina for several weeks on the european union's doorstep despite the fact that suitable sheltered accommodation is available in an interview with you and uses daniel johnson. Peter our chief of mission in bosnia for the migration agency describes the of trying to find a quick solution to this urgent problem. You also explains why it's so important at all. Countries abide by their international commitments to helping vulnerable people in line with the global compact for safe or leeann regular migration adopted by majority of u n member states in december two thousand and eighteen years ago has been a transit country for migrants from greece trying to reach other parts of the european union. Since dan rea two thousand eighteen we've had a perennial problem of a lack of accommodation in bosnia herzegovina. Each window reface seamer thought john just but this year to challenge is actually larger because we have two thousand five hundred eight thousand five hundred refugees in bossier to gopinath sleeping in inhuman conditions. The reason for this is the ability of bosnian political system. If you want to decide where accusations should be because ironically or or cynically she won't. We actually do have sufficient spaces in two centers that we could open within twenty four hours but because a political resistance at the local level do locations. Dc's not happy so it's not a matter of the seasons. It's not a matter of money but it is a matter of political decision-making which obviously now he's ready urgent because the winter conditions are getting worse as we speak so you say that there's a problem of administrative procedure and there's also local opposition to housing the migrants. So that's a very difficult position for you to be in but as you say. The immediate problem is is really urgent. Because it's so cold and the camp that to the emergency count the leaper. Emergency tent camp burned down after being closed because it wasn't suitable for migrants didn't have electricity water. So what exactly is the un migration agency managing to do to help these people well. We're certainly pursuing a two track approach if you like the one we have increased our humanitarian assistance to people sleeping outside interest jackets winter. I sleeping bags sold packages we to get our partners. The danish refugee council and requested try to cover everyone while he's somehow reducing human suffering. Eat obesity does not provide an answer to the need for human accommodation while the other part of the work. We're trying to do trying to support the authorities at different levels to come together and to build a consensus as to where these new accusation could be. So these are the two efforts. But you're sort of stuck in as a un agency in the sense that while we have the resources it's not to or any other un agency to decide where my accusations should be that he's really up to the sovereign country in this case. Both here to go now to decide. I can just go to building erica. Dc sanal migrant accusations so. We're very much dependent on the local political process in while you can support while he can bringing ideas while driving people to get at the end of the day. You're dependent on local. Political decisions has the opposition to migration and migrants in bosnia. Been growing is it. I mean we're not talking about tens of thousands of people by any means are we know we're talking about today. In the county i would estimate about eight thousand five hundred. Marcus enrich In the country of three point five million inhabitants. That should not. I mean that he's not a a a large crisis by any stretch of the imagination There are two issues their first modern stint be located in two parts of the country canceling saudi avoid sonic canton and the frustration specifically again. He's as so being left alone in not heavy as sort of a national strategy. Few michael spreading these accusations center south across the country when it comes to the local population licenses. Debtors small minority that. He's very vocal on facebook older social media channels sometimes using a very phobic language my senses however that if you look at the majority of people they may not have wanted bosnia to become a country for transit migration but they do agree that while the migrants should be our country that they should be taken care of properly absolutely an just wondering what it is that the un migration agency needs to happen. Obviously you want to relocate migrants and for the most part they young men on the where are they from well in terms of the solution. The solution is relatively straightforward from humanitarian operational perspective. We need additional accusation in structures that are adequate ford winter. I think that's in terms of the solution where we need to go in terms of the makeup of the mike and refugee population. Here we have about eighty percents single males and twenty percent families with children and unaccompanied children usually boys between sixteen and eighteen for these families and children. We have sufficient activation so we don't have any families children or unaccompanied or separated children sleeping outside. The challenge faces itself with the single males in terms of nationalities. Biggest group Bangladesh of ghanistan north africa in iraq. He's the makeup of the population that we go have here. I'm what do they tell you. These these young men. Why have they come to europe. Well they've gone to europe of course. Individual circumstances differ but most of them have come to europe to look for a life somewhere fleeing conflict in afghanistan but many of them are looking simply to go to placing within the european union. Start working and send money back to their family. That is sort of the story. You almost universally here. And

Bosnia Herzegovina Dan Rea European Union UN Daniel Johnson Danish Refugee Council Bossier Greece Peter Obesity Erica John Marcus Saudi Michael Facebook Ghanistan
Saudi Arabia and its allies restore diplomatic ties with Qatar after three-year rift

BTV Simulcast

04:05 min | 2 weeks ago

Saudi Arabia and its allies restore diplomatic ties with Qatar after three-year rift

US Help Gulf States Agree to Ease Relations With Qatar

All Things Considered

02:32 min | 2 weeks ago

US Help Gulf States Agree to Ease Relations With Qatar

"Deal between two important but feuding allies Saudi Arabia and Qatar. Jared Kushner, president Trump's son in law and adviser, was on hand for a signing ceremony in the Saudi kingdom. It marks the end to a three year rift that threatened to undermine U. S strategy in the Gulf region. NPR's Jackie Northam reports. They were warm hugs and handshakes, all while wearing masks as Saudi Arabia is Crown Prince Mohammed bin Salman created Cutter shake Tommen bin Hamad al family ahead of today's signing. Seen belied the deep animosity between the two countries since mid 2017 when Saudi Arabia announced the diplomatic trade and travel blockade against his tiny rich neighbor. Frederick Wary is with the Carnegie Endowment for International Peace. The Saudis wanted to bring contact to its knees. The Saudis made at least a dozen demands of cutter and none of them to my knowledge were, you know fulfilled for asthma. Assad with George Washington University's Elliott School for International Affairs, says the Saudi Crown prince realized it was time to move on, especially with an incoming Biden administration that is promised to get tough with Saudi Arabia, Arabia. Clearly this is Part in parcel of turning the page. They are setting the table, so to speak for better relations with the incoming Bud Administration, But it was the Trump Administration that's been pushing to resolve the spat. Saudi Arabia and Qatar. Our allies in the U. S has a large military base in Qatar. The administration also wants to create a bulwark against Iran. Carnegie's wary doesn't buy it to say that the Gulf is going to be united against Iran that there's going to be this Impenetrable Gulf Sunni bloc now against Iran, because suddenly Qatar has been brought into the fold is just pure fantasy. I mean, the gulf has always been this united in terms of its outreach and policies toward Iran, and many of the issues that started the feud are still there. Hotter still has relations with Iran. Look sad with the Elliott School says it's not a sure thing. Today's deal will stick. The reporting is that the deal almost fell apart on Sunday in the U. S. Had to Jared Kushner personally had to intervene and work the phone lines. I think it's a testimony to have fragile it is even if tenuous, MCs odds, says the deal is a step in the right direction and will be welcomed in D. C. Jackie Northam. NPR news

Saudi Arabia Jared Kushner Qatar Saudi Kingdom Jackie Northam Crown Prince Mohammed Bin Salm Tommen Bin Hamad Al Frederick Wary Elliott School For Internation U. Biden Administration Gulf Region Iran Bud Administration Carnegie Endowment For Interna Trump Administration Donald Trump NPR Assad George Washington University
Saudis Take Charge of Oil Market With Surprise Output Cut

NPR News Now

00:55 sec | 2 weeks ago

Saudis Take Charge of Oil Market With Surprise Output Cut

"Cutting its oil production by million barrels per day as the state of the global economy remains tenuous most other members of opec will keep their production stable. More from npr's camilla domino. Some oil producing states are eager to boost their oil output as they hope vaccines will eventually restore oil demand but saudi arabia. The leader of opec is worried about pumping too much oil too soon. So the saudis announced a surprise cut which will reduce saudi revenue but prop up oil prices overall. Here's saudi energy minister prince abdulaziz bin. Someone tweak other cartel members will hold production steady while opec ally. Russia will increase output slightly. Us producers who do not participate in opec cuts will benefit from the saudis pushing prices up already. Us crude prices hit fifty dollars for the first time. Since february camilo domino's npr news wall street. The dow is up

Opec Camilla Domino Prince Abdulaziz Bin NPR Saudi Arabia Russia United States Camilo Domino
Saudis take on burden of oil output cut to support price

Lynda Lopez

00:33 sec | 2 weeks ago

Saudis take on burden of oil output cut to support price

"Hour left in the trading day with some ups and downs and things are looking up The down rising 187 points about two thirds percent to the NASDAQ is up 100 to the S and P 25 points and the Bloomberg WCBS Land Rover Tri State Business Index is rising one and a third percent and oil is providing some of the fuel even to that index, Saudi Arabia surprised the oil market by announcing a big cut in output that has sent the price of oil to almost $50 a barrel and the highest since February. The price is

Saudi Arabia
Saudi Arabia says it seeks a way to end dispute with Qatar

Monocle 24: The Globalist

03:09 min | 3 weeks ago

Saudi Arabia says it seeks a way to end dispute with Qatar

"I think that we should talk about the gulf because the gulf cooperation council due to meet in riyadh on tuesday to discuss a potential end to the blockade of qatar. That has been going on since twenty seventeen And obviously this is provoked Quite a bit of coverage about whether we will finally see a deal and see an end to this blockade So if for example you look and you have to look pretty hard but you will find coverage in the saudi daily arab news Which started with statements from the kuwaiti ambassador to saudi arabia. Says there is a for tunnel and positive atmosphere ahead of the talks. And how credible is the report of fraternal positive atmosphere Extremely good question. A lot of the coverage that we see so for example if you look At some of the coverage online at fronts. Twenty four Aljazeera tells aljazeera which is Very much the focus of some of the irritation from Blockading countries for that coverage They help they also covered this story. it took me a while to find that story to interestingly enough But they both they give different reasons for how close or how far this this group of countries might be to a resolution so if you look at france twenty. Four they mentioned A coach an analyst is saying that bahrain hasn't signed but the other blockading states have They quote The abu dhabi minister for foreign affairs on walker gash a big figure saying that political and social atmospheres in the gulf are looking to end the koto crisis. If you consider that to be a meaningful statement But if you look at what. Al jazeera is doing They kind of casually mentioned that you know any deal. won't be a comprehensive agreement it will be a set of principles and they say the pressure is on saudi from from the us To come to an agreement But the the uae has. It's own agenda so quite different versions of the same situation. What will break this. Because there's no way surely that kosovo will say we supported terrorism. Yes we're too close to run. That's very true. I mean previously. There was a list of i believe it was about twelve points that The blockading states for trying to get caught up to agree to that. Included things like shutting down Their state broadcaster aljazeera And qatar essentially said well. We're we're going to wait it out and did nothing as far as we can tell At least from the outside And so i think that what the customers have shown is that they can outlast this. So i mean i think it will really start with the idea that any agreement has to be a negotiated on more reasonable lines Looks like it will be about things like use of saudi airspace for example And so things you know if they start negotiating along things that where you might be able to reach agreement then an agreement perhaps could be on the horizon.

Gulf Cooperation Council Qatar Saudi Riyadh Walker Gash Bahrain Abu Dhabi Al Jazeera France UAE Kosovo United States
Airport in Yemen receives 1st flight since deadly attack

Purity Products

00:20 sec | 3 weeks ago

Airport in Yemen receives 1st flight since deadly attack

"Say A plane has landed at the airport in Yemen, southern port city of Aden today, the first commercial flight to arrive since the deadly missile attack last week on the facility that killed 25 people and wounded 110 others. The flight's arrival comes four days after missiles exploded just moments after a plane carrying members of Yemen's cabinet. Left for Saudi Arabia

Yemen Aden Cabinet Saudi Arabia
Airport in Yemen receives 1st flight since deadly attack

Wealth Without Risk

00:21 sec | 3 weeks ago

Airport in Yemen receives 1st flight since deadly attack

"Official said plane has landed at the airport in Yemen, southern port city of Aden, the first commercial flight to arrive since the deadly missile attack last week on the facility. Killed 25 people and wounded 110. Others They fights arrival today comes four days after missiles exploded moments after a plane carrying members of Yemen's Can It landed on a flight from Saudi

Southern Port City Yemen Aden Saudi
The Most Important Esports Business Deals in 2020

Esports Minute

02:21 min | 3 weeks ago

The Most Important Esports Business Deals in 2020

"Look at the biggest Esports business deals from a tumultuous year. I'm a dreams and this is the Esports minute from E Sports Network. We're going to start with the business world today and move to the biggest stories over off tomorrow. Our top three biggest Esports business stories begin with BMW under the banner United and rivalry, which is transcended ties to the BMW brand the luxury carmaker partnered with five major Choice dogs all with top-tier League of Legends teams fun Plus Phoenix, then the defending world champions represented China Faker and T1 represented Korea Cloud, 9 wrapped n a and both G2 and thought it represented EU across-the-board top-tier teams with huge fan bases at the time Christopher Koenig a spokesperson for BMW said to me for an adweek article quote. We are professionals when it comes to marketing to our sales funnel and our traditional marketing group, but when it comes to younger Target group Generation Y Millennials, we only have partial answers on how to reach them. Then there's the even more important the future table. Group of Generation Z we have almost no answers on how to reach them. He sports for us is a channel to reach this group and quote and I think that really sums up the value of Esports four Brands thought you switch will continue to become a central part of smart Brands marketing strategies going forward. Number two in our list YouTube gaming acquires the broadcast rights for the OverWatch and Call of Duty leagues in a year that was marked by competition between streaming Giants and we'll talk about mixer tomorrow. Trust me YouTube's acquisition of two major Esports properties was a key moment in the sights growth into live viewing now thanks to the pandemic neither pows or CDL were able to Showcase their true potential but YouTube's investment in coming for Twitches Esports market share was a huge moment and finally the most controversial brand deal of the year the LEC and blasphemy are partnering with a futuristic city planned by Saudi Arabia. Saudi Arabia has a poor record on human rights issues, especially for any member of the lgbtq family considering the LEC is closely tied to that Community Thursday. Casting Squad and audience the resulting controversy for strike games to pull out of the deal while it was happening blastomere avoid a lot of the public-facing controversy despite also partner with me on at the same time still page pulled out of the deal a few weeks after right games pulled out in all it was a crucial moment when moral choices of the audience and cast members came in direct conflict with what had to be an absolute boatload of

BMW Tier League Of Legends Teams F Christopher Koenig Youtube Korea EU China United Saudi Arabia Brands Giants LEC
Yemen Airport Is Attacked as New Government Arrives

10 10 WINS 24 Hour News

00:34 sec | 3 weeks ago

Yemen Airport Is Attacked as New Government Arrives

"Trouble in Yemen as reports surface about several large explosions at the main airport in aided hearing at least 22 people have been killed all in the wake of the new government that's been installed the air, a spokesman for the new power sharing government, which arrived from Saudi Arabia Scores of people have been hurt, but none of the new Cabinet members. Hundreds of people have gathered at the airport for the arrival of that government. It's unclear if the explosions were caused by missiles fired on the airport Information minister has caused or has accused around back rebels for the explosions, though no one has claimed responsibility. Yonkers

Yemen Saudi Arabia Cabinet Yonkers
Yemen Airport Is Attacked as New Government Arrives

Houston Public Media Local Newscasts

01:03 min | 3 weeks ago

Yemen Airport Is Attacked as New Government Arrives

"Security officials in yemen. Say an attack on the airport in aden has left at least thirteen people dead and dozens wounded. Npr's ruth sherlock says explosions and gunfire erupted at the airport after a plane landed carrying members of the country's newly formed government of a news crew catches the explosion on camera. Hundreds of people scatter from a runway members of yemen's new saudi-backed backed government disembarked from a plane. This was meant to be a day to mark the success of more than a year of negotiations to end a power struggle between two groups that meant to be on the same side in yemen's war. Saudi arabia leads. An alliance of countries and local factions against yemen's iran back toothy movement but factors in that alliance have resulted in fighting between supporters of yemen's exiled president and the separatists southern transitional council the ministers landing at aden airport from saudi arabia. A part of a cabinet. That's meant to represent both these groups

Yemen Ruth Sherlock New Saudi Aden NPR Saudi Arabia Separatists Southern Transitio Iran Aden Airport Cabinet
US stocks rise in morning trading as 2020 winds down

Houston's Morning News

00:53 sec | 3 weeks ago

US stocks rise in morning trading as 2020 winds down

"Right now. They are moving higher this morning of this holiday shortened trading week. Looking at Dow Futures are up. 80 points a trading his thin by the way, But on the agenda today for investors pending home sales data will be out 9 a.m. your time. Oil, pushing higher on the third weekly decline in screwed stockpiles Oil $48 a barrel, However, trading is thin, too, in that market inventory data will be out later this morning. OPEC meets early next week We're the group will decide whether to add an extra 500,000 barrels a day of supply to the market in February, Saudi in Russian officials have reiterated their commitment to the group's agreement to support oil market stability. And Apple has a lead over Amazon is this year's best performer among large tech stocks. Apple is now up 84% for the year after rising 13% this month, according Donahoe Bloomberg Business on NewsRadio, some 40 ktrh

Opec Saudi Apple Amazon Donahoe Bloomberg Business
Saudi women's rights activist sentenced to prison

BBC World Service

06:00 min | 3 weeks ago

Saudi women's rights activist sentenced to prison

"Used a BBC World Service. Let's turn now to reactions to the sentence, handed down to to one one of of Saudi Saudi Arabia Arabia is is best best known known women's women's rights rights activists. activists. She's She's the the Jane. Jane. I'll I'll have have flu. flu. Probably Probably activist activist who who campaign campaign for for women's women's rights rights to to drive drive has has been been sentenced sentenced to more than five years in prison by a special criminal court on that call was actually set up to try terrorism charges. It's an absolute was arrested in May, 2018 just before women were given the right to drive. Saudi authorities deny her arrest had anything to do with that issue. She was convicted of various charges, including trying to harm national security. In advance of foreign agenda all denied by her that speak now to her sister earlier. I'll have the welcome to news day earlier. Thank you so much for joining us. I mean, you had you and your family, of course for continuously Against this sentence against her imprisonment. So five years and eight months. What do you make of that? Hi. So first of all, it's five years and eight months. But if you do all the calculation because she spent already three years almost three years in prison on there for two years and a half she she voted Meteo stay in prison, eh? So it means that she can be freed by next March. 2021, however, Login T really was very, very sad when she heard the news that the sentence because for her, it means that the court consider her as terrorists. And that's why she's going on appeal. She will appeal. Um s O in order to obtain her innocents. Okay. And what do they based that on that charge on? What exactly are they saying that she's done to actually have this charge of terrorism leveled against her? So if you read the charges, it is. There are so many charges, for example, applying for the United Nations, Uh, tweeting on Twitter and using social media to advocate for women's right. There are everything related to her activities on also being in contact with international NGOs like A mysterious into a Miss Stanton on the international or Human Rights Watch, etcetera, but also contracting, for example, the UK Embassy and contacting that European Union representation in Saudi Arabia and they consider those two entities or was also Netherlands. Those three entities as terrorists of foreign entities. So it is a bit strange. They are allies and at the same time considered as a terrorist Indeed, yes, that's that's an argument that has got many contradictions in it hasn't it and also that the court dismissed planes that she had been tortured whilst She was held now you would dispute that. Exactly. So it was two other whole process and the acceleration off the trial started almost two weeks ago and into its ago. It was mainly about the charges against the grain. And when that don't say OK, bye. Next session, I will pronounce that the verdict. And she said Lujan said Okay, but you never investigate on the church. Er how? Come on. This is okay. We will start and the next day It was, um, a to the regular courts at trial regarding the church er and two days after they said Okay, we did the investigation and we are Conclude that there was no torture. So it was you say, and she says, And she says, What exactly happened to what your detail is quite horrific. It is extremely shocking. So it's impossible to imagine that such things could happen in prison. And especially, I mean When we say Saudi Arabia we know that the situation off women but also the women. We try toe over protect themselves. Sometimes it is impossible to imagine that men they do all these bad things to a single women on a so she was even sexually harassed, electrocuted. It's hard to eat. It'll, uh, getting very sick and yes, she was shaking a difficulty to breathe Exeter for a couple of months. And of course, she was incarcerated just shortly before women or her campaign to allow women were one of the things allow women to be able to drive in Saudi Arabia actually got the go ahead, so she hasn't experienced that. But she can Be released from jail as you say the release convey as early as as the spring next year, But I guess if she wants to carry on campaigning, that would be a problem for her. She may end up back in inside jail. So what is she communicated to you? She intends to do Who's she looking talk to to help her. Well, First of all the main, you know, you need to choose your battles, certain points. So the fight she's doing right now. She is T o to prove that she was tortured. So this is the first thing and also to get her innocents. So I guess, uh, doing those fights. It is her priority for the time being. We will see later on Okay. We're good to talk to you. And we will obviously be following that story very closely to find out what happens to Lucien. I'll have little on her release. That's a sister Talia. I'll have through. Thank you for talking to me today.

Saudi Saudi Arabia Saudi FLU Jane Miss Stanton International Or Human Rights Uk Embassy Arabia BBC Etcetera Lujan United Nations European Union Netherlands Twitter Exeter Lucien Talia
"saudi" Discussed on The Amateur Traveler Podcast

The Amateur Traveler Podcast

10:40 min | 9 months ago

"saudi" Discussed on The Amateur Traveler Podcast

"These ideas we hear these things but it's also quite liberal and liberal people there also where women ask me. Hey you seem lost and I was. I was lost Help you which I found fascinating because we had that you like old. They're not allowed in the beginning. I didn't know how to talk to women. In Jeddah is a completely different world than other places. Come interesting that being the gateway city but also having the international influence. I'm fascinated by that difference arriving. Okay what do you expect? But Yeah you arrive there for example cinemas opened up. I think they said two years ago that's started to have cinemas again and one of the first ones was in Jeddah and a lot of the concerts that are happening of big artists. They are injured as well. So there were telling me a Was just there and David Guetta. So that's because it's a bit more liberal interesting. That seems like that's just wrapped up the ten area that you were pitching to me. Is that correct? That's it. Yeah that's correct anything. We want to talk about jeter before we get to some of our wrap up questions. Maybe one thing that I would say Jeddah. There's this beautiful water promenade again. Take a stroll. They're really really beautiful to see big contrast to ultimate besides idea. That's that's one thing that surprised you about Saudi Arabia. I don't want maybe difficult to I think because it is so different than what we Ayoola used to. At least what I was from Germany or Europe. So there's a lot of surprises that you will encounter but the biggest one for me was how friendly in kind the people were. And I've said this before. It was by far the biggest surprise. I mean starting from the box of oranges in the cap to being invited to people's houses for food being invited for tea when they take you out. They don't let you pay for anything even if you try to fight for it is very very kind and welcoming culture and definitely was mind blowing. That really was mind blowing no matter what if a Muslim or not they always tried to treat me. The best could and there was said you a foreigner your gift of God and we want you to have the best experience and therefore me was mind blowing this attitude that encountered from pretty much. Everyone there one time when it felt very familiar completely could have been at home and one time that it felt very very foreign. Okay very familiar. They have all off the fast food chains. We have which actually they have more of the fast which we have in Germany. It was insane Baskin Robbins which I've never seen anywhere else. Outside of the states. They have literally all the fast food chain so when walking around in the modern parts. And you're you're sitting McDonald's. It's sitting in McDonald's in Germany Munich. You have the young Saudis who have the the modern clothing and laughing over the phone and it would be ailing female so it wouldn't matter no bacon no bacon or ham on the egg. Mcmuffin would be different. I'm sure but other than that. You wouldn't find out most foreign. I think most foreign when I was standing in front of the Prophet Mosque in Medina. And everybody was mapping the traditional outfit going into the into the mosque because for me it felt beautiful beautiful experience but out of this world because we always see from TV or you hear about it. So that's when I fell the most foreign unsafe or something unfamiliar. Well you mentioned safe. Are there any warnings that you would give that one thing? You should really know before you go to Saudi Arabia. Good question because I told my family that going to Saudi Arabia and the frustrations like Oh my God is that is it safe like. Are you sure it's okay? It's absolutely safe. It's really no problem at all. I think one little thing to be aware of that. The border to Yemen all the way in the south there could be some issues but overall Saudi Arabia is a very very safe country and really nothing to worry about. It probably would be one of those countries. I would try not to get into political argument. She just have some concerns that way and and there are multiple countries that that would be included in my country. I would try and had to do that absolutely agree with you. Chris and I think it's always you have to separate the people from politics. Also it's two things but yeah of course maybe a side note here. I was in Medina and I was traveling with the friend. I met there and we saw this. Little Hill said okay. That would be a perfect overview over the city. Let's climb up there so we really climbing up this hill and suddenly we hear the sirens and the police. The police the road waving us down and what doing illegal story like. We did know there were. There were no science. We didn't know that we not allowed to go there and there was a little way so we thought it's okay so I think be aware that it can still be a conservative country in a lot of waste and of course you have to be aware of those things but safety wise. It's absolutely found to go in terms of dress code for you as a tourist. Anything that you would advise people different from going to any other Muslim country. Yeah so interestingly. Because they open up the borders Petursson. They got quite moderate When it comes to clothing so for example women. They don't have to wear the headscarf or the long dress. The Abaya but they said okay be decent and respectful usually known as no shoulders. Exactly Sony's no shoulders. If you want as a woman you might WanNa have a head scarf around when you go for example to Medina just to be more respectful. But in general snow sleeveless shirts or short dresses. Even guys no sleeveless shirts to understand what flow is saying here. This is not the place to where your wife beater tee shirt or so. I think there's any places of tourist wearing that Polynesian Eighty. It's very hot country but try not to do that. Because that's probably will get you could get you in trouble or you will get a lot of looks for that but it might make things less comfortable for you and that's and that's really one of the reasons that we want to talk about. Things like warnings is if you're going to go we want you to have a good experience and being more sensitive to the culture is going to help you have a better experience some excellent. You're standing in the prettiest spot you saw in Saudi Arabia. Where are you standing? What are you looking at? I think the prettiest spot I saw was when I was in the middle of the desert in Riyadh close to show the world absolutely nothing around this huge desert this nothingness. It's mind blowing and to think that this goes on for miles and miles and miles and there is nothing that blew my mind. Excellent one thing that makes you laugh and say only Saudi Arabia. When I arrived in in Jeddah the Saudi guy took me out. And he's like he's like I'm GonNa take you to the best restaurant in Saudi Arabia. It's the best thing like all the Saudis knows like. Okay probably going to be good restaurant and you know we went to. We went to allback Albuque- most famous fast food chain in Saudi Arabia. It's pretty much Casey. But I thought that was hilarious in Saudi Arabia. The Best Best Restaurant would be pretty much a KFC. And I can tell you it's fantastic. It's really really good but I did not expect it. Would we drove up to interesting? I remember my guide in Jordan saying that for dinner when they WANNA treat they. Don't go out to the traditional restaurant that would have traditional food because they make that at home and makes that really well and so they go out to Taco Bell and so somewhat. It's it's a treat to do something. Different is probably one of the reasons why it's popular is that we make traditional food at home and so we don't need to go out for that exactly the same thing. I mean it was my for me because this restaurant existence in one thousand nine hundred seventy four did they tell me. It's been popular since then so it very very very interesting but very good excellent and if you had to summarize Saudi Arabia in just three words what three words would use hospitable different and three and you were there in February. We should underline that. What do we say that it was hot is one of your three words so possibly not a place to go in July excellent definitely rather than line I mean I immediately a somber the first day and they were always laughing because they were saying? It's cool right now. So it's excellent. Our guest against has been flu Miller from Munich and flu. You don't have a travel blog that we want to send people to. I started a youtube channel which it's called flow. Nfl Oh if you type in flow and Saudi you probably see a knee roaming around in Saudi Arabia. Excellent that something you will. Not You want to see before you go there will. Then I'll put a link to that in the show notes at amateur traveler dot com and thanks so much for coming on amateur traveler and sharing with us your newfound love for Saudi Arabia. Thank you so much. Chris was a pleasure to review the community. I did WANNA thank some of the patrons who've been supporting the show especially the new ones. We have since the last time we recorded. I'd like to thank Peter Sewer Marshall Denki and also Ryan Miller who raised his pledge. The pledges do help support the show. And so I thank you so much for that. I know that not everybody's interested in doing that. I also not know that never be can do that so I really appreciate that and just as reminder those who support the show through Patriot and we're doing a monthly get together on zoom and they also get a version of the show without ads usually get a day or so early. Colin left a comment about the show that we did recently on Senegal went for ten days in two thousand eighteen and it was a really wonderful time. The friendliest people gorgeous country. Thanks con patron. Jeff's left a comment about the show did on West Virginia at Pipe Stem State Park. You can write a cable car down to the river and walk. The trail into bluestone national river between Fayetteville and Greenbrier is a unique cultural arts and Crafts Center called Tamarack with award winning restaurants and their two additional national rivers adjacent to New River. Gauley and Bluestone. Thanks so much Jeff. And with that we're going to end this episode of Amateur Traveller. If you have a question sent an email to hosted amateur traveler dot com or better yet. Leave a comment on this episode at Amateur Traveler Dot Com and thanks so much for listening..

Saudi Arabia Jeddah Medina Germany Amateur Traveler Dot Com David Guetta Chris Prophet Mosque Ryan Miller Europe Amateur Traveller Yemen jeter Riyadh Baskin Robbins Ayoola McDonald Mcmuffin Jeff
"saudi" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

08:45 min | 1 year ago

"saudi" Discussed on The Indicator from Planet Money

"Saudi Arabia's state owned oil company. Saudi Aramco is legendary the company owns and runs Saudi. Arabia's oilfields Aramco is is also known to be an incredibly secretive company. It bankrolls the Saudi Royal Family and it's thousands of Princes Aramco makes up most of Saudi Arabia's entire economy so when Aramco announced that it was going to go public and start selling shares of stock people went crazy exchanges. All over the world. Were doing it out out for the IPO. The New York Stock Exchange exchanges in London China Japan. Everyone wanted to be the exchange that was selling Aramco. Stock Banks were also fighting it out for or a piece of the action. There was just so much money at stake. Rumors the company's value at two trillion dollars. Which would make the biggest company in the world wealthier than Apple Assan even Alibaba and this was set to be the biggest? IPO ever but going public means the public owns a chunk of your company usually usually around twenty percent and that comes with a bunch of regulations and transparency. You have to open your books and subject yourself to all kinds of scrutiny. Saudi Aramco Coke really didn't want to do that and it's been more than a year jumping from exchange to exchange trying to find someone who would bend the rules enough that proved to be difficult and and in fact last week. Saudi Arabia announced that the search was over. It was just going to sell the shares of Aramco itself on its own local Saudi exchange which seems like such a downshift township from the initial like Neg ambitions of the ARAMCO IPO. This is the indicator from planet. Money I'm Stacey Vanek Smith Today on the show the Aramco. IPO what happens. And what does it mean for Saudi Arabia this message comes from. NPR sponsor their state farm. Why do you need state farm renter's insurance because it helps protect stuff landlords? Don't like your furniture that gets drenched by a broken pipe. State farm arm Renter's insurance find an agent or get a quote at State Farm Dot Com. Today on the show we're talking with Samantha Gross. She's a fellow in foreign policy. At the Brookings Institution Samantha. Thank you for talking with us. My pleasure happy to talk to you. Do you remember when you first heard that the Saudi government was going to start selling shares shares of ARAMCO's stock. Absolutely I saw the interview that Mohammed bin Salman did with the Economist. My first thought was literally as your Daddy. Now that you're you're talking about this because this is a really selling Saudis family jewels and I was shocked that they would go so far as to consider this. Well I remember the thing that I was so captivated by was so in an initial public offering companies have to open their books their subject. All these reviews use the ideas your companies now owned by the public. You can raise a lot of money but the other side of that is you're subject to all these regulations and everybody gets to see under the curtain like everybody. Nobody gets to see all the things and so. I was all excited at the prospect of all this information coming out about Aramco but it seems like from the very first time I heard about witnesses expected sort of a normal. IPO things changed a little. Well it's been a real trade off the reason why Mohammed bin Salman wanted to do this. It's because he wanted to sell five percent of Aramco take it public in order to get money for his vision. Twenty thirty plan to revolutionize the Saudi economy and to make it less dependent dependent on oil and so that was a serious goal that he intended to bring in serious money for however the trade off is transparency that there's never been around Saudi Aramco. Hamco this is a difficult thing for them to think about. The rewards are great but also the risks and the challenges of that level of transparency are also great. I mean you know there. There is a real upside to an IPO going public. which is you raise a ton of money? There's a real downside. which is you are exposed as a company in a Lotta ways and it is like it almost seemed like they didn't want the downside including what you just mentioned which is that? They wanted to put five percent of the company public which is like a really tiny mountain normally. It's much higher than telling five percent of the world's largest companies still a ton of money. Yes but then. It doesn't mean five percent transparency in order to sell five percent of the company. You need to do just as much much transparency if you would if you're putting the whole thing up for an IPO. And so. I think they wanted sort of some transparency. But it doesn't work that ah you need complete transparency to to publicly offer any of the company right so in in the very beginning. I mean this was going to be the prettiest girl all at the dance for lack of a better metaphor and so it did seem like one by one. The major exchanges kind of backed away and then Saudi Arabia was talking to some kind of more obscure. The exchange is part of that was because the Saudis didn't want to meet some of the requirements that those exchanges had that they really couldn't bend. I mean those requirements are there to to protect investors and so then the Saudis sort of backed away and started looking at different exchanges at looking at private placements within institutional investors and in different ways to sort of float part of the company. Get money back without this full level of transparency. That was a lot for them. Yeah this was supposed to be the IPO of the century and then became sort of progressively ratcheted down to like more and more modest goals. Well Yeah and I think it ultimately fell apart heart just last weekend actually because they had a herd of bankers. I'm not sure what you call a hurt of bankers a number of bankers murder of crows or something exactly a flock of seagulls heard of bankers. Who was who were there advising them on the IPO in these bankers came in and said if a few place this he'll publicly in western countries? This is what we think it's worth. And they came up with numbers as low as one point one trillion. I'm some up to one point point five trillion but they weren't with the kingdom was looking for and so the kingdom was very frustrated and felt like well you know. Why should we sell this company to Western investors dress for less than we think it's worth? Why don't we place it locally on the Tato of a the Saudi exchange I'm and sell it to local investors and maybe we can get more money for it but even the local bankers wouldn't put a two trillion dollar valuation on Aramco Right? No they did not. They settled at about a one point. Six to one point seven trillion billion dollar value valuation. Why wouldn't they just say yes to two trillion like that? Seems I was shocked to read about that pushback. You know. They didn't feel like they could place it at that level revel in. It's an interesting when you think about what Saudi Aramco is worth. You have to look at a couple of different things. That oil is involved in sort political skirmishes in that part the world. We saw what Iran did recently in attacking the facilities there They demonstrated that those facilities are vulnerable. And that is important to evaluation evaluation of Saudi Aramco. Oh there's no question that they can make money and no question that their oil will continue to be valuable going forward but the question is what price they'll get for that oil so if we take climate change seriously if we see the demand for oil go down on that oils likely to sell at a lower price so they clearly have a proven track record into making money and they have a lot of inexpensive well but the question is how long can they make as much money as they have in the past and so now it seems like Aramco's Ramco in this weird position of going public for a lot less money than it wanted locally Saudi exchange and apparently kind of twisting people's arms to promised to buy the stock. They want to make sure that this public offering is fully subscribed. I've also heard tell of some pressure on sort of V very wealthy people little within the Kingdom to buy stock some of the same people that the kingdom rounded up a couple years ago. And I'm put them in the Ritz Carlton for a little wiles. Shakedown like Ritz is not nearly the kind of shakedown. That that was but I think some of them are being gently encouraged to buy around cuffs graphs. Just crazy because one point seven trillion dollars still make Saudi Aramco the most valuable company in the world. It is the most valuable company in the world. The I mean this the Saudi family jewels. And if you think about the pride enjoy of your country think the engine that makes your country move and you have a thought in your your head about what that is worth. It's very difficult to sell it. For Less Alright Samantha. Thank you thank you no problem. Today's episode of the indicator was produced by Jared Marquel L. fact checked by Nadia Lewis. Editor is Paddy Hirsch and the indicator is a production of NPR..

Saudi Aramco Aramco Saudi Arabia Saudi Aramco Coke Princes Aramco Saudi Royal Family Saudi government Samantha Gross Mohammed Arabia NPR Stock Banks New York Salman Ritz State Farm Dot Com
"saudi" Discussed on The Daily

The Daily

06:17 min | 1 year ago

"saudi" Discussed on The Daily

"Might be a little bit skeptical of that but then we saw that there were seventeen different strike points and that became evident from some satellite photographs those satellite photographs showed seventeen separate strikes that it didn't quite seem to add up with ten drones the second thing is that these strikes were deep inside Saudi Arabia and it would have required a flight of a five hundred miles or so for drones to be able to get there and that seems well beyond the range of what we've seen the WHO tease be able to do before four and then as we looked more and more at these satellite photographs it seemed clear that these were precision strikes in fact there was a hole in the Dome of some of the storage facilities that were each in precisely the same and they were neatly board little holes. Does that seem to suggest a missile strike not a drone that just was carrying some explosives so the initial story just didn't seem to a match with what we were looking at in the photographs and then what happens well then the president took to twitter and he said on Sunday that I'll Loreto Saudi Arabia. Oil Supply was attacked. There's reason to believe we know the culprit are locked and loaded depending on verification. Shen but are waiting to hear from the kingdom as to who they believe was the cause of the attack and under what terms we would proceed kingdom is referenced instead of Kenema Saudi Arabia so here we have the president United States in charge of the world's largest and most powerful intelligence agents and military forces saying that he is waiting for the Saudis to tell him who they believe triggered this attack and tell him what terms they would proceed on well. It sounds like they're discussing some kind of joint response but the United States for the past two hundred plus years decides on its own whether or not it is going to come to the defense of an outline conduct conduct a military strike or any other kind of response. It's somewhat remarkable to hear that they're waiting for instructions from an ally which is what the president's tweets sounded like he was saying and David. It's not just an ally right. It's Saudi Arabia and we're coming up on the one year anniversary of Jamal Khashoggi Steph which there's a significant amount of evidence that Mohammed bin Salman leader of Saudi Arabia ordered so it also seems somewhat extraordinary for the US to defer to Saudi Arabia given that track record. That's right the administration had been under tremendous pressure. I sure after the murder to identify. NBS as he's called as somebody who was involved but the administration ignored it all and I'm not how can you tell a country that spending hundreds of billions of dollars and has helped me do one thing very importantly keep oil prices down so that they're not going linked to one hundred and one hundred and fifty dollars a barrel right now. We have oil prices in great shape. I'm not going to destroy the world economy yeah and I'm not going to destroy the economy for our country by being foolish Saudi Arabia so I think the statement wait a minute so in some ways this this is a big challenge to nbs but it's also something of a potential political gift to the administration because they can make the case to who congress and others that while Saudi Arabia is no perfect government or society that the Iranians are in fact more evil actors in the region and that's essentially the argument they've been making in the past forty eight hours this attack would potentially have the impact of you've drawing the US in Saudi Arabia closer and giving the trump administration rationale for being closer to Mohammed bin Salman Saudi Arabia. That's right but there's also the concern inside the Pentagon you not let Mohammed bin Salman drag the United States into a new mid-east war it was only a week ago the people in the Pentagon and elsewhere in the administration or showing a big sigh of relief that John Bolton had gotten unfired is national security advisor because their concern was that Bolton would lead the United States ultimately into a conflict with Iran now with Bolton gone a series of unpredicted events may in fact push the US and Saudi Arabia there or pushed the United States to back up the the Saudis Strike Iran so just a review. POMPEO has said it's Iran. The president has said we're locked and and loaded. We're going to let our ally Saudi Arabia lead the way in determining who it is the Hutus are claiming credit but why would use claimed to have done this carried out this audacious sophisticated attack if they had a great question. I'm a bit confounded did myself. The WHO of course are backed by the Iranian so it's conceivable the Iranians ask them to do it. It's conceivable that they just thought that by taking credit therefore they would look more powerful than they really are and maybe in some way they were involved but the most important element of this is that the Saudis came out on Monday the Saudis specifically are pointing their finger at Iran with whom of course they're involved in this proxy war and declared that their examination Asian of the evidence was that this attack was launched by Iran specifically right now however while saying that these were Iranian weapon systems and they are saying they are still investigating precisely where those weapons were fired from they have however ruled out. Yemen as being that base they provided no evidence and that evidence may not exist.

Saudi Arabia Loreto Saudi Arabia Kenema Saudi Arabia United States Salman Saudi Arabia president Iran NBS Mohammed Salman Oil Supply twitter John Bolton Yemen murder Pentagon Jamal Khashoggi Steph Shen
"saudi" Discussed on The Daily

The Daily

03:21 min | 1 year ago

"saudi" Discussed on The Daily

"Described the scene in Saudi Arabia on Saturday Michael. We're all still trying to piece together but what we do know. Is that about three thirty in the morning on Saturday morning in Saudi Arabia. There were a series of explosions at a number of refinery facilities line and of course it was dark. no-one exactly what was happening. Fires were burning it wasn't clear where these came from and it wasn't until the sun rose that they saw a really remarkably extensive amount of damage and what they discovered was that a number of their big oilfields were burning than when you look at the satellite photographs you see classic oilfield kind of operations big tanks lots of pipes and obviously lots the facilities that if hit by a weapon can burn and that's exactly what happened this was bigger than anything we had ever seen done to the oil fields in Saudi Arabia at any time in history and David help us understand the significance of hitting oilfields in Saudi Arabia. What's the impact of that also Arabia obviously is among the world's biggest oil producers these facilities account Michael for about six percent of the oil pumped around the world every day while the Saudis themselves produce roughly ten million barrels a day. These facilities are capable of doing somewhere between five and eight million of that so this is a significant a significant amount for world production but it's a huge amount for the Saudi production right so if someone is interested in striking Saudi Arabia and striking the global economy. This is a very good target. It's the best target you could find and what is the original understanding of what has happened and who did it before. There was understanding. There was a claim of responsibility Leah Thirty Huggins Emotional Russian all the WHO tease who are engaged in pretty desperate war with the Saudis in Yemen immediately claimed credit for this. GonNa shut we promise the Saudi Arabia team that are coming operations will only grow wider and we'll be more painful than before so long as their aggression and blockade continues they don't they said that they sent ten drones into Saudi Arabia and that those were responsible for the hit so is the initial sure report came out on Saturday. The hootie movement from neighboring Yemen has taken credit for the attacks the Saudi government as been backing the Yemeni government's fight against awesome rebels of that seemed perfectly credible explanation intil you dug into the facts a little more.

Saudi Arabia Saudi government Yemen Michael Leah Yemeni government David ten million barrels six percent
"saudi" Discussed on PRI's The World

PRI's The World

13:31 min | 1 year ago

"saudi" Discussed on PRI's The World

"Israeli voters head to the polls tomorrow about twenty percent are Arab. Israelis don't like the hardline policies of Prime Minister Benjamin even Netanyahu but were they show up to vote is not that I don't want to vote for or for Jews. I'm just not interested in politics. The voices of Arab Israeli voters coming up on the world. There's no question about who is America's strongest longest ally in the Middle East. It's long been Israel tomorrow. Israeli voters head to the polls prime minister. Benjamin Netanyahu has staked his political survival on a hardline nationalist view. He's warning that if he's not reelected a coalition of leftist Arabs could seize control of the government Arab Israelis make up more than twenty percent scent of voters. They're the world's Matthew Bell has been speaking with Arab voters in the city of Nazareth the show aw people in this part of the world had been breeding Arabian horses for thousands of years. Today's competition is in a rural area outside of Nazareth. Jewish and Arab horse lovers sit in white plastic chairs in the shade and watch the show doc as each horse is led into the corral by trainer on foot people in the crowd. Make Noise to get the horse agitated the animals. Just show better this way. A man explains to me. The point is to make them a little scared. It will make make the horse it back to the nature if he's scared. He must defense hisself because this you will see him really very strong on Bellevue. Taking a big tail up signed up. Standing nearby is a non habit who runs a family horse farm in the area. He's thirty years old married with a second kid on the way. He says he's never bothered to vote in a national election before but at this time is different. He says he will be taking part in Tuesday's election his first ever why because he wants to help vote Benjamin Netanyahu out out of office because he like to be problem all the time because I don't like to be with a going good with Arab we live. We continue to change. That's it back in April of this year. Arab Israelis voted at an all time time low. Only forty nine percent went to the polls. That's compared to almost seventy percent of voters nationwide here at the horse show. It's easy to defined Arab citizens of Israel who say they still have no intention of voting on Tuesday twenty-four-year-old Mohammed Qazi restaurant worker from Nazareth says he's got zero interest militia that I don't want to vote for Arabs or Jews. I'm just politics. Ghazi says elections have no impact on the lives of the Arab minority in Israel so why bother one reason given for voter apathy in the last election was squabbling between Arab candidates they ended up splitting into two party lists dividing the Arab vote wrote this time around all the big names have managed to unite under one joint Arab. List polls show that it's the third largest party in Israel and it could capture as many as thirteen seats in parliament. That's as high as they've ever gotten but I they're going to need to overcome a fair. A bit of skepticism young people are feeling it is not happening and this is why we need to talk to them and to tell them that they have. The politic audited changes. That's IDA to Muslim on. She's been a member of parliament since twenty fifteen. She's number five on the Arab joint list. I meet her in a residential residential neighborhood in Nazareth where she's handing out campaign literature. This is an election where this country is going to choose to continue toward very fast apartheid and fascist regime or to choose to do a small shift and to give people people hope that we can build a different future to Muslim on says. The timing of this election is critical. The trump administration is enabling the Netanyahu government's government's goal of building a Greater Israel where Jewish rights come first above those of Israel's Arab citizens but she says it doesn't have to be that way EH. We have almost one million voters if we have high percentages. If we have high percentage of voting we you might do the shift. She says that's why the Israeli right wing has been working so hard to suppress the Arab vote ahead of this election in the final days of the campaign pain. Netanyahu tried to pass a law to install cameras at polling places in Arab towns activists say it was just a last minute effort to intimidate voters and it might end up backfiring the bills eventually shot down. I asked IDA to Mosley Mon- about the disagreements among Arab leaders that have have diminished their unity in the past. She herself is a self-described atheist from a Christian family. They're also socialists Islamists and Arab nationalist on the party list so just how unified are they when you look at it from that point of view it looks like that are a huge gaps APPs between us but in Israeli politics we face the same discrimination we shared together the fact that we have problems in our education system in employment for our young people and women. We should so much back at the horse show she heen the Arabian Colt just won a gold medal his trainer. Muhammed Najah me says he will vote for the Arab List but he's trying to keep his expectations realistic Heston had been meth looney. My Madeline Canea Khalidi land. I feel that Arab parties represent me despite the fact that the capacity that what they have is really very little. How optimistic are you that the unified list can get more seats and be more beneficial for your community. you know Myanamar. I and I love terrific. Fee Massage see evens all we vote for them. Even though we empower Edwin after they win try to deliver as much as they can but not much they also have person again does the leader of the Arab joint list. I'm an O.`day says that Arab voters are the key to this election. He could be right if they show up in big numbers. Netanyahu on Yahoo will no longer be prime minister day also said he would not rule out joining a coalition of Jewish political parties in the next government but that might be Nia long shot. Netanyahu's top rivals have not said publicly that they would be willing to join forces with the Arab joint list that difficult negotiation Gatien. We'll have to wait until all the votes are counted for the World Matthew Bell Nazareth Israel. We'll have early results from Israel's election and tomorrow and get the latest from our guy on the ground in Israel Matthew Bell the US Saudi relationship is under the microscope following this weekend's attack on Saudi Arabian oil production facilities. The strategic partnership between the two nations goes back nearly a century nineteen thirty-three Saudi Arabia was a new underdeveloped nation. The monarchy invited an American company to look for oil and make them rich since then the US and the Saudis have enjoyed a special relationship ship. That's literally what it's called. It's not a formal alliance but it certainly a tight one so tight in fact it often appears that the kingdom has a lot of sway over Washington been this perception isn't new many presidents have been accused of bending to the Saudis Ad President trump to that list yesterday trump tweeted that he was quote waiting to hear from the kingdom as to who they believe was the cause of this attack and under what terms we would proceed. Karen Young is a resident scholar at the American Enterprise Enterprise Institute Karen President Trump tweeted that the US was locked and loaded and was awaiting orders from Muhammad bin Salman. Should we take him literally. I mean gene would would trump wait for NBS before he makes his next move. I think that was an unfortunate choice of words. I think the president probably wanted to demonstrate demonstrate that we take this attack. We take this threat very seriously but to put it in the condition of waiting for Saudi Arabia to give go ahead certainly made the power dynamic something that it shouldn't be the United States should be taking the lead not waiting for Saudi Arabia. How do you think thanks the the US should respond in the wake of these attacks on Saudi oilfields which is having an impact on Americans. Yeah I think this is confusing for a lot of Americans right now because they say yeah well we wanted disengage from the Middle East that we don't need the you know the Gulf or Saudi Arabia in particular for oil and that's true but the rule of the US arrest in stabilising global energy markets is a primary security concern. It's in our national interest. This is what being a superpower and and being the the leader of the global economy means is that the United States has to take some action to say this is unacceptable this kind of attack attack which destabilizes the entire global economy energy markets cannot stand does that mean starting global war no it doesn't have to mean that but it has to mean there is accountability that there's retaliation do do these current circumstances how to respond to this attack which is really disrupted oil markets and access to oil. Does it change the alliance between Saudi Arabia in the US is a give Riyadh or Washington more more leverage in dictating those those terms. This is really tricky because unfriendly. The president also tweeted out that he wanted to protect our allies. There is no formal ally Ali'i agreement between the United States and Saudi Arabia. They are partners that they are not officially said that the president used that language I think muddies the waters the bet. There's also the sense that Saudi Arabia is really gunning for war. and I don't think that's necessarily true either if there were to be a direct confrontation with Iran and Saudi Arabia had to go it alone they wouldn't do necessarily well and so there is a great deal of tension and apprehension on the Saudi side that will the United States step up you know they don't want to be too belligerent and find themselves acting alone and so this this again points back to the issue of Washington's credibility the trump administration's credibility to follow through on threats and as we've seen with the negotiations with North Korea the president tends to back down and and this is what whoever did this attack and if we presume that it was Iran that's the calculus that they're working on as well but north North Korea doesn't affect the world on a daily basis in the way that Saudi Arabia does with its oil reserves. That's absolutely correct. That's true said this risk is is much higher Karen. You've noted that the American public hardly has any appetite for any more involvement in war in the Middle East but given the fact that these attacks are directly affecting Americans because it's about oil. Do you think that will have any sway in getting the public behind this. I think this is a really critical moment for the trump administration in their communication strategy which is not always been so smooth. They're going to have to make the argument that this matters this matters is to US national security interests that it matters to our ability to project power and project influence in stewardship of the global economy and so making that argument and getting the facts right and being credible is is really their challenge and and I think we all have reason into believe that that it might not go well but it's really important that they try Karen. Young is with the American Enterprise Institute. Thanks a lot Karen thank you. The antics antics and absurdity of Brexit never seemed to end just this weekend. Prime Minister Boris Johnson compared his brexit strategy to the hulk breaking out of his chains. That's what it's come to people which brings us to an upcoming auction at Sotheby's London in October. Sotheby's is planning to auction off a huge bank. See Painting the the work shows the House of Commons and all the lawmakers are chimpanzees..

Saudi Arabia Israel Benjamin Netanyahu United States Nazareth Middle East president prime minister Arab List Matthew Bell Matthew Bell Nazareth Israel Karen President Trump Saudi Arabian Sotheby America Karen IDA Bellevue gold medal
"saudi" Discussed on Vox's The Weeds

Vox's The Weeds

04:07 min | 2 years ago

"saudi" Discussed on Vox's The Weeds

"We talk about massive protests in France people have died, and it all started with gas tax implemented by French president Emmanuel Macron, but as a vault that something much larger. We also talk about the foreign policy legacy of the late, George, H W Bush checkout worldly, part of the vox media podcast network. Wherever you get your podcast soundcloud, apple podcasts. So tummy you had mentioned this earlier. But, but I think that if you sort of wanna tell this story in retrospect that you do have to look back at the Iran deal and some of the politicking around that because while I think the official line from the Obama administration about that was always that everything was fine. And that we still had the alliance with Saudi Arabia, and and it was all in place. I mean, the Saudi government was pretty clearly not happy with that deal, an intern that was an enormous amount of you could hear a lot of frustration coming out of the White House often sort of an off the record he kind of way, even while the of the line statements were kind of supportive, and and can you can you try to explain why did the Obama administration and the Saudi government has such a different view of that? Yeah. I mean, I think it goes. Back to the fact that the Saudis believe that Iran is their mortal enemy, and they felt like. Well, maybe the charitable explanation is they felt like the Iran deal wasn't tough enough. A less charitable explanation is that they wanted the United States to bomb Iran into oblivion and that was the best outcome in their view. They wanted to push us to that place. But it's it wasn't just the Saudis who were pretty pissed off about the Iran deal. Does the United Arab Emirates in the UAE who you know, they have a very sophisticated leadership. They have a sophisticated Washington lobbying structure, I think it brought the Saudis the UAE in the Israelis closer together in their mutual hatred for Iran in hatred of the Iran deal, which led to a very powerful megaphone countries at wanted to talk about how terrible it was in and to get into the ear of various members of congress to tell them how naive and stupid, and damaging the deal alternately was so you know, I think that was a lot of the frustration. I think part of it, you know, I think Ben Rhodes has talked about this on the record number of places is there's a lot of Gulf money that goes into these big think-tanks Franko. Policy papers have conferences that talked about how the structure of the Iran deal was so wait, I mean, exactly. And so this sort of became at the time there was this sort of Cold War between the Obama administration and the Saudi UA governments in which you were hearing sort of quietly from Gulf forces. They were talking to members of congress. They were talking through their think-tank people about what a betrayal. This was of American alliances. And then you were hearing from inside the administration about the sort of corrupting influence of Gulf money on these kinds of things and the simple fact that America's interests and Saudi interests may not be the same. But at the same time like you just said like maybe the Saudis just want us to bomb around into oblivion like that was not something that the president was saying at the time. It's not something the Kerry was saying at the time, right? 'cause this is to me still it's still the old world right in which Democrats who blonde is support the president who wanted to do this deal who it seemed like we're distancing the United States in certain subsets ways from the Saudi government were not comfortable articulating that kind of break, right? They were not using harsh language against them in their public official statements. And in fact, part of how we got into the material support for the war is precisely that they were trying to show right that we weren't abandoning the Gulf state. Yes. That's right. I mean, look and just to clarify. I don't know that the Saudis wanted to know..

Obama administration Iran Saudi government Saudi Arabia UAE congress United States president apple vox media United Arab Emirates Emmanuel Macron official Ben Rhodes France White House George
"saudi" Discussed on PRI's The World

PRI's The World

04:01 min | 2 years ago

"saudi" Discussed on PRI's The World

"I'm Marco werman and you're with the world. It is hard to get beyond the lurid details behind the disappearance of Saudi journalists, Jamal Khashoggi two weeks ago, he went into the Saudi consulate in Istanbul to take care of personal business and was according to Turkey's version of events. Ambush killed and dismembered by team dispatch from Saudi Arabia. The Saudi government says it's investigating the Trump. Administration is saying, give the Saudis time, and they will tell us what happened. Secretary of state. Mike Pompeii said his much after meeting Saudi officials, including crown prince, Mohammad bin Salman. I stressed the importance of them conducting complete investigations disappearance of Jamal kashogi. They made a commitment this do that. They said it would be thorough, complete and transparent investigation will also be the results of that made a commitment that they would show the entire world, the results of their investigation. They also indicated they would get this done quickly so that they could begin. To answer important questions. The pressure is on the Trump White House to hold Saudi Arabia accountable, but it's tricky. There are deep ties between Saudi Arabia and the United States. The US has long relied on Saudi oil. For starters, more on that later in the program, the relationship though is also about money, and there's lots of it moving between the US and the Saudi kingdom. So let's start by following the money, two parts to this Saudi money, invested here in the US and also how reliance Saudi Arabia is on US investment. I s Steven cook about that. He is with the council on foreign relations in twenty sixteen Muhammed bin Salman unveiled something called vision, twenty thirty, which is this great transformation plan for the country that essentially poll Saudi Arabia away from an economy that's relying petrochemicals to one that is more diversified in the central piece of this was to make Saudi Arabia attractive to foreign investors. And they have pursued a variety of multi. National companies in high profile executive succumb and take a look at Saudi Arabia and what they're doing in order to create what this plan vision, twenty thirty calls and investment hub. So in the past year, what are some of the big names in American business? The crown prince's kind of focused on? Well, he's focused on Uber on apple on Google on the big tech companies that sabia sees itself as a country that's going to be a player in the twenty first century, and where are you a player? But in the tech sector, there have been discussions with all of those big companies. Also Facebook on establishing significant presences and investments in Saudi Arabia. So we got to remember the crown prince coming over to the US last spring, spent three weeks here tour the Google alphabet campus with Sergei Brin how successful US corporate giants rushing in. It was very successful trip. From one perspective, it was the crown prince. His effort to translate much of what he had discussed back in Saudi Arabia and in conversations with US officials in bring it to American corporate interests and he was received extremely warmly. And there have been indications that some of these big companies have indeed wanted to invest in Saudi Arabia, and we're coming up on the big Saudi investment forum, what they call the votes in the desert. And there was some hope at least on the Saudi port that some deals would be made in addition to these tech giants. Other big US multinationals that have wanted to do business in Saudi Arabia. Not so much because Sarabi itself is such a big market. As I said, it's a country of only about thirty million people, but that the Saudis have money to spend. They have passed a public private investment law. They've passed bankruptcy laws. They've kind of opened up the doors in ways that they haven't before previous American investment in Saudi Arabia has really been confi. Signed to the petrochemical sector. So here we are on the eve of Davis in the desert, the heads of leading US investment firms.

Saudi Arabia Saudi government Saudi consulate US United States Mohammad bin Salman Jamal Khashoggi Steven cook Marco werman Jamal kashogi Trump White House Trump Istanbul Mike Pompeii Facebook Sergei Brin Turkey executive
"saudi" Discussed on The Ben Shapiro Show

The Ben Shapiro Show

04:10 min | 2 years ago

"saudi" Discussed on The Ben Shapiro Show

"Go check them out right now. Okay. So as we say, the president of the United States is in hot water specifically because the Saudi government has basically put him in a very rough position. Here's the rough position. They put him in Mohammed bin Sultan was considered the new reformer in Saudi Arabia, and indeed Muhammed bin Sultan booked. Oh, he was a guy who's going to help lead his anti Ron coalition. That continues to be his value all the talk about the Saudi regime modernizing and moving toward liberalism. Like classical liberalism. All that was overstated. It is. It is an Islamic dictatorship in which people still have their hands chopped off for theft. It is not exactly a modern country, but we are all very shocked and appalled as we should be when Saudi operatives decide that they're going to murder dissident at a Saudi consulate in Instanbul. So here's the Wall Street Journal with the latest reporting, Saudi operatives beat, drug killed, and dismembered a dissident Saudi journalists in the presence of the kingdom's top diplomat in Istanbul. Turkish officials said Tuesday as Washington urged Riyadh's provide answers, President Trump cautioned that Saudi Arabia should be considered innocent until proven guilty. His secretary of state Mike Pompeo on a visit to the kingdom said, Saudi leaders had strongly denied involvement were conducting a serious credible investigation, but Turkey is now suggesting that they have tape of the. Hire thing happening at least audiotape of the entire thing happening, which can't be very pleasant. I mean that that sort of audio would be as almost as hard to listen to his lady Gaga recording an interview with the Associated Press Tuesday, Mr. Trump compared the allegations that Saudi agents had killed Mr. Khashoggi. So the accusations of sexual misconduct against supreme court Justice, Brett Cavanaugh. This is where President Trump gets himself in trouble. This is not particularly smart. Now, here there several possible responses to the Saudi situation response number one, this is really bad. We should put some sanctions on Saudi Arabia, at least temporarily until they provide some sort of answers on all of this and until they punish the people responsible and until they reform their conduct. That's possibility. Number one possibility number two is you say, yes, this is really bad. Also every country in that region is basically a garbage heap or as Rome Linke, garbage heap or the the countries themselves. The people are, I'm sure wonderful in many of these countries, but the administration's of Turkey Iran. Iraq. Certainly, Syria, certainly, certainly, Lebanon Jordan, like none of these administrations are great. Western democracies gave these are all garbage administrations, so we could say is yes, this is really bad. Also for geopolitical realist reasons. Like Henry Kissinger, we still need to work with the Saudis to contain the Iranians. That's possibility. Number two, and then there's possibility. Number three, which is Trump telling the Associated Press quote. Here we go again with, you know, you're guilty until proven innocent. We just went through that with Justice Cavanaugh and he was innocent all the way as far as I'm concerned somewhere, Justice Cavanaugh screams in silent agony. He compared to Saudi dictators who murder people in consulates and then liquefy their bodies that is just it. It's like when Trump said during the cavenaugh hearings that he'd been accused of things too, and Kevin adjusts must have been smacking himself on the forehead. Sean Luc, Picard style double face palm it just it makes the president because the president sees things in black and white terms. On every score. He says the sort of stuff, but equating Brett Cavanaugh where there was no evidence other than the allegation alone against him with the Saudis, murdering, a human who has disappeared and where there is apparently audio evidence and audio recording shared with both the US and Saudi Arabia. Comparing that to break cabin on Kavanagh can't be a happy camper right now come the hell on. I mean, really apparently on the recording of voice can be heard, inviting the concerts leave the room, the voice of a man Turkish authorities identified as Saudi forensic specialists saw all Biki can be heard recommending. Other people present was into some music while he dismembers Mr. Khashoggi's body. According to the according to the tape, shaggy was not interrogated instead beaten up drugged and killed by Saudi operatives who had flown in from Riyadh. Apparently, he was dismembered while he was still alive. So things that real well over there..

Saudi Arabia Mr. Trump Saudi government president Saudi consulate Justice Cavanaugh Brett Cavanaugh Riyadh Muhammed bin Sultan Mohammed bin Sultan Associated Press Instanbul Mr. Khashoggi murder United States Wall Street Journal Henry Kissinger Mike Pompeo Iraq Rome Linke
"saudi" Discussed on Intercepted with Jeremy Scahill

Intercepted with Jeremy Scahill

05:01 min | 2 years ago

"saudi" Discussed on Intercepted with Jeremy Scahill

"As you alluded to of the herbs spring was a vision in which Muslim political factions who would be tolerant and democratic, whether it be the most brotherhood or other factions like that would become empowered through the democratic process and that this as opposed to the columns, he was writing for the Washington Post, namely his potential to be a kind of leader for a democratic uprising against the Saudi Crown or otherwise, reignite the some of the sentiments that. Enemy, their spring that obviously terrorized Gulf state dictators in the lake was really what the threat was that he posed to the Saudi ruling class. What is your view on all of those competing theories? There have been some fairly credible reports that Hutto g was planning on starting a few initiatives to promote democracy in the Middle East, including an organization called democracy in the air world. Now, and those are the sort of perhaps more concrete initiatives or goals that would have certainly upset and angered the increasingly autocratic leadership in the entire region can't forget Saudi Arabia's, not alone here in its move towards more dictatorial leadership styles. We're seeing similar things in the UAE an elsewhere. So I think that that's a, that's a plaza. Theory that it was these organizing efforts that really would have spurred the Saudi government to want to silence him. I know months and months ago speaking to dissidents activists, both in Saudi Arabian abroad telling me that if there was ever going to be any kind of substantial move for change, it was going to need to to begin outside the borders of of Saudi Arabia NBS had just so effectively shut out and frozen all the channels, all even the will to resist by making it so dangerous by locking up so many people so widely indiscriminately. So for someone to take direct action or leadership is a specially someone with the kind of influence, you know, Jamal Shoji was very well connected beyond the kingdom's borders as well. So perhaps being able to garner political will from abroad end to zero in on some of Saudi Arabia's mortgages violations and practices would. Really made him a target. There has been a lot of people pointing out with seems to be the poxy imbedded in the anger of western elites at Saudi Arabia as though they just suddenly discover that the Saudis were repressive and autocratic in violent, and a lot of people are pointing out that in fact, over the last several years, the Saudis have been indiscriminately. Killing many civilians causing one of the world's worst if not the worst humanitarian catastrophes. And for some reason that didn't trigger the anger of western elites towards the Saudi's or caused them to cancel events at the same time as obviously everybody knows there's a huge amount of domestic repression inside of cyber Saudi Arabia where Shiite religious leaders or even peaceful people peacefully protesting or imprisoned, or killed anyone critical of the crown princes imprisoned as well. But what about. Targeting or even taking retaliatory steps against critics are dissidents outside of Saudi borders. Is this the first time that they've done something like this? Or are there other cases where they've shown that they will go after dissidents even if they're found in other countries? Yeah, absolutely. Actually, recently published a piece with the intercept on this very topic, but there is ensure along legacy of Saudi Arabia reaching out beyond its borders and silencing repatriating arresting or kidnapping. You can choose your verb Saudis who displeased in some way, their government going back as low as far as the seventies when activist in early labor organizer who had been highly critical of the king was disappeared from Lebanon. We've seen a recently as the spring Luigino hath Lou the prominent female rights activists. Who campaigned for the right to drive among other things was kidnapped. Essentially, she was arrested and forcibly brought back to Saudi Arabia from the UAE where she was studying and then placed under travel ban, essentially, house arrest only to be jailed a few months later and remains in cognitive today. So there's this decades, long span of Saudi Arabia, not only forcing its nationals to return to the Kingdom..

Saudi Arabia Saudi ruling class Saudi Crown Saudi government UAE Jamal Shoji Kingdom Washington Post Middle East Hutto g Lou Lebanon NBS Luigino kidnapping
"saudi" Discussed on Intercepted with Jeremy Scahill

Intercepted with Jeremy Scahill

05:11 min | 2 years ago

"saudi" Discussed on Intercepted with Jeremy Scahill

"Answers will be forthcoming shortly on Monday. It was reported by several media outlets that the Saudis after I spending ten days, denying any involvement in the disappearance of kashogi are now prepared to say that. In fact, there were agents acting either at the behest of the central government or potentially rogue elements who went there with the intention of interrogating him, and somehow the interrogation went wrong and kashogi ended up being killed to discuss all of this with me including the potential repercussions. I am joined by Sarah Ziza, Sarah's a freelance journalist who covers Foreign Affairs, Human rights in gender. She wrote a recent feature for the intercept in. Titled kingdom crackdown Saudi women who fought for the right to drive our disappeared and going into exile, Sarah's Ziza, welcome to intercepted. Thank you so much. I'm happy to be here. So how would you assess? And obviously it's it's speculative since we don't know any details or even exactly what the Saudis intend to say, but how would you assess the likelihood that rogue agents acting independent of our the Muhammed bin Salman or the Saudi security services would carry out an operation of this magnitude again, somebody so prominent. Yeah, I find it incredibly hard to believe that rogue elements are to blame here how unlikely it would be for them to get inside the Saudi consulate to be aware of Jamal Shoji's. Whereabouts to have such a strong desire to see this man killed that they would attempt to do. Due to him harm on the Saudi consulate grounds. All of it seems very far fetched. All of it seems even more unlikely considering such an excuse come so late in the game. It was basically handed to the Saudis by Donald Trump. Denied any knowledge of it. You didn't really know. Maybe I don't wanna get into his mind, but it sounded to me like maybe he's been road killers. Bruno's is popularizing this phrase, rogue actors. So not only does it come a very late period in the investigation, but it also seems like quite a stretch considering the Jamal show g. also travelled and spoke widely in public in Turkey in the US that there would have been ample opportunity for someone who wished him ill to attack him outside of the confines of the Saudi consulate, the ignorance that the Saudi government has been pleading up until now doesn't really corroborate what they're saying. For the little bit potential motives of the Saudi government. You have somebody who is an extremely prominent and longtime journalists with ties to all kinds of prominent western media and political figures. He was a columnist at the Washington Post to ever decided they were going to kill him to intimidate what the repercussions would be. Why was he such a threat to factions inside of Saudi Arabia that it would be worth incurring this kind of a reaction? Yeah, it seems extreme any way that you look at it? Honestly, if it turns out to be the case that the Saudi government intended to kill him, this would be sort of one of the most bald-faced escapades undertaken as far as the Saudi government's reach beyond its borders. We've seen other activists and dissidents or wayward princes. Basically kidnapped while abroad brought back to the kingdom of them not to be heard of from again, but nothing of this sort of grizzly potentially violent mysterious magnitudes. So if this Audi government did in order his murder directly, I think what we'd have to look at is not only all of Jamal Shoji's recent writings which have been openly critical of the of the crown prince, but also the understanding that the g. had a lot of knowledge of the inner workings of the Saudi state and perhaps unflattering incriminating information on on powerful people. And although he kept in his column strictly to arguing sort of on the more political line, he didn't dip into blackmailer anything in any sort of public way. He might have made powerful people more nervous by virtue of the fact that he was a lawyer. A-List and insider in the kingdom for years and years. But at the same time we have to consider that we're dealing with crown prince Mohammad bin online or NBS who might be the most rogue as far as any of the characters were discussing today. He's been incredibly unpredictable volatile and at the same time,.

Saudi government Saudi consulate Jamal Shoji Saudi Arabia Sarah Ziza Donald Trump prince Mohammad Washington Post Salman Audi Bruno Turkey murder US ten days
"saudi" Discussed on Skullduggery

Skullduggery

04:49 min | 2 years ago

"saudi" Discussed on Skullduggery

"Dan for the Justice against sponsors of terrorism act. That was the name of the law that allows the families to sue the Saudi government over the nine eleven attacks. This overwhelmingly passed as I mentioned so much so that Obama's veto. Of it was overridden. The actual chances of getting this law changed at that point in time was seems to me pretty negligible. So one wonders was where the Saudis really trying to change the law here or they just coming up with this unorthodox way of funneling money into the president's personal business. I think this is absolutely a dedicated hopeful effort to change that law. You know, at the time, even have to been my hand. Fenglin member of congress behind them who is willing to do to push for change in the law. Did they have people? Yeah, absolutely. They had -pointment in John McCain and Lindsey, Graham who right out of the gate the the day it was passed. You had a whole letter signed by a whole number of senators saying, we're, we're passing. We're voting for this. However, we've got some reservations and we want to evaluate whether we can strengthen this law and you had McCain and Graham who were reliable, Aaron boys for the Saudi kingdom right out of the gate were doing floor speeches. On this topic, you had a believes brownstein Hyatt. The lobbying firm for Saudi Arabia was routing around of proposed changes in the language. Now keep in mind. They didn't have to tear the whole thing down. You know, it was politically a pass very quickly really what they needed to do with weaken it. And so that's what they were trying to do was to amend the law in such a way that it would make it a higher hurdle for this nine eleven families to prevail. Court and the scope of this with well beyond Washington or operatives all over the nation involved in this there was there was even lobbying state legislators and governors to have them in turn pressure, Washington, big out of some supposed fear that it would affect. You know, business commerce between Saudi Arabian states, like Texas that have large defense manufacturers and so forth. I don't doubt for a moment this sincerity with which the kingdom was trying to get this little tweet Brian. If you if you doubt this in Siri of Lindsey, Graham and John McCain, who you referred to as reliable Erin boys for the Saudi government because I mean, couldn't this just be real politics. I mean, the relationship between the United States and Saudi Arabia is an important strategic relationship. You know, a bulwark against the Iranians, very wealthy country. I mean, occupies a very important place in our geopolitics in our interest. So. You know in might be you, you just make disagree with it, but don't don't you think they did it out of, you know, sincere, you know, beliefs. I think they did it. I mean, you could call real politics, but I think what we have in Washington in our relationship in the Middle East is where real politic is defined, not necessarily what's in the interest of American citizens, but what's an interest in solidifying relationships between our intelligence community and other intelligence communities in our defense sector and its customers abroad. And I think I think a lot of times we see the rationales become circular. You know, Saudi Arabia is is billed as a bulwark against Iran, and then you know, we're the hostility towards Iran is driven by the fact that it's a an arrival of Saudi Arabia, and it's. You know, I don't believe we know. I don't think really need a bulwark against Iran in the Middle East. I think a lot of this is kind of contrived and become circular logic in that we associated with Saudi Arabia, and thus their rival becomes our rival when we should probably take more hands off relationship with both of put this in the context of the broader context of Saudi influence in Washington. I think there's been some studies about, you know, over one hundred lobbyists are on the Saudi payroll in Washington, the amount of money that the Saudis spend on lobbying nearly tripled. I believe in in two thousand seventeen upwards of twenty seven million dollars. And then you look more broadly. We mentioned before than an eye, the Saudi funding of president. Libraries, but there's also think tanks and various and money that pours into universities..

Saudi Arabia Saudi government Washington John McCain Iran Graham Obama president Middle East Lindsey Dan brownstein Hyatt congress Texas United States Brian Aaron Siri Erin twenty seven million dollars
"saudi" Discussed on Reason Podcast

Reason Podcast

04:00 min | 2 years ago

"saudi" Discussed on Reason Podcast

"But when it came to the steel tariffs and she was saying, like, you know, you know these tariffs with China, that's isn't that going to cause prices to go up for Americans and he was like, no, no, I don't think so. I don't think we're saying that at like Ford is announcing, you know, they're, they're cutting jobs because they can't. You know, the prices of stuff have gone up. That demand is going down and they can't afford stuff. It would have been good to have, you know, more engagement in in that sense. But I gotta say, and again, this is all on tone where she would. You know, there were moments where they clearly just disagreed and he's like, well, you know what? That's what I think. And so you know, like move onto the next question and overall I thought it was an illuminated interview for, you know, for at least the two reasons that that I've noted was totally. He was not a complete belligerent dick and I think he was speaking directly to the American people if that concept of you know speaking. Through the media that people always said Reagan, did. I think he was doing that in in partly in, like, you know, for most people, if the story is there's a Saudi Arabian a Saudi Arabia kills a journalist who's a critic of their regime in Turkey, and that means that the US has to immediately start sanctioning, everything against Saudi Arabia if that's the and that's the implication of a lot of the coverage of it from the journalist point of view Trump was saying, we have to find out what happened and we have to balance, you know what happened against our other interests and that at even said, if they did kill him, there will be a severe punishment. He didn't say what it was. So you know, he's kind of faking, but with global warming, she brought up stuff about hurricane Michael and all of that. And he was like, he said, he doesn't think it's a hoax. He's he's kind of wavering on whether or not it really is man made or that weather might be okay or whatever. But he's like, I'm not just going to give up trillions of dollars and jobs to fight global warming. And that's you can disagree with that. That it's very easy to disagree, but it's also very clear message, and I think he he was saying things that were easy to follow, easy to understand and were logical, even if you don't necessarily agree with the logic in a tone that was actually pretty pretty engaging to be quite honest. There's a, I think a built in kind of do something bias in in media in general. And also you see this in interviews. You see this debates, you know, whenever there's some things just happened, you know, North Korea just tested a missile and the debate questioner will say, you know, should we therefore launch a preemptive strike? And that's seen as pretty a normal kind of do something. And I think it to to hesitatingly kind of agree with with so where you're going there Nic, I, I like that Trump can question that premise because that is a premise that is too often not questioned in American. Journalism in discussions, there's just the something bad happen. We have to press the do something button right now, what's wrong with you. If you y, aren't you doing it? I think it's it's good to do that. The media buys things kind of a way of getting into the proceed. Mita bias is way of getting into a fascinating study. That's Robbi swab a of wrote about last week that has been shoot on and argued over a lot by a lot of different people, but basically making the claim. This is a survey conducted by a international research group called more in common and found that eighty percents of Americans through basically any demographic. A name said that political correctness is a problem. It's gone. It's gone too far. This time simply questions about the definitions of political correctness in the study. But this kind of dovetails will certainly one of Robbie's longstanding hobby-horses which is that the rise of Trump can be understood to some. Significant degree as a reaction against a political correctness Peter..

Trump dick Saudi Arabia Ford China Reagan North Korea hurricane Michael Robbie Turkey US
"saudi" Discussed on Stuff They Don't Want You To Know Audio

Stuff They Don't Want You To Know Audio

02:39 min | 3 years ago

"saudi" Discussed on Stuff They Don't Want You To Know Audio

"Accuracy today so in his mind t is he he sees it as a a reaction exceeds those two events as inter related cecil that's the lay of lands the current most powerful official other than the king in saudi arabia the current crown prince of saudi arabia is seeking to modernize the country says he's doing so has taken steps to do so and arrested anyone who would be a threat and effectively seems to have effectively neutered them what does this mean for the world we can make some guesses at the end but of course we would be remiss if we didn't mention the other conspiracies or conspiracy theories that are present in saudi arabian cultured say in this could be its own episode but finger running a little long conflict uh so bad just tell me about saudi arabian iran suny verses shia islam at the same religion different different interpretations and this is an argument that goes back a long time as so there's the religious conflict but then there is also the desire to be the regional hegemony on both control both control fossil fuels right and iran control something called the street of were moves which we mentioned previously which is the vital water transit route for fossil fuels yep saudi arabia has partnered with other countries to help restrict the influence of iran the two two very influential countries there would be the united states and israel saudi arabia is very well known for his staunch public antisemitism but as we said in previous episodes take that with a grain of salt because the stuff a woman were we used perform it of yes the performers speeches somebody might make to their domestic crowd might be way different when they actually you they meet the prime minister of the other country in there's us just stacks in stacks of cash available for deals sure and their kids go to the same colleges and stuff fingers on a hand not as different as you may think it and then met told me a little bit about the global sphere we knew this was going to come up.

cecil official saudi arabia united states prime minister iran israel
"saudi" Discussed on Worldly

Worldly

01:51 min | 3 years ago

"saudi" Discussed on Worldly

"It isn't just like bloody in the terms of what the saudis between yemen potentially you have blistered missiles and scud missiles not i don't wanna be clear not nuclear missiles talk about armageddon but missiles hitting saudi airport missiles hitting saudi cities from fired within yemen theoretically know gend from your point provided by iran and then this consensus that you referring to it's a solidifies further than it's like let's rolling them back because they're bombing our ally right and i think it's also really important to talk about the the effects that it has when we support the saudis not just visavis iran not just visavis like other countries it's also not really great for a lot of people inside saudi arabia right like there are pro democracy activists there are in a women's rights activists there are there shia activists who are violently repressed by the saudi government and because of this broader ideological proxy war with iran and that we have thrown our lot in with the saudis we are essentially saying yes we support you mean trump literally tweeted that out like i support everything you guys are doing a great job you have it well in hand or whatever this is not a leader who's trying to bring freedom and democracy and like reform the country in a way that we think of it and we're essentially just supporting that and that's the kind of thing we've done over and over and over again in countries all over the world but especially in the middle east that has caused so much of the instability because people in those countries don't really like that and decide to rise up and fight and sometimes form terrorist groups that sometimes target america for that reason oh yeah no an an side here's that up until 2014 saudi arabia was through private donors providing money to isis.

yemen iran saudi arabia saudi government america saudi
"saudi" Discussed on Worldly

Worldly

01:51 min | 3 years ago

"saudi" Discussed on Worldly

"A rejuvenation so he launched in 2016 the vision 2030 plan which is planned kind of diversify the saudi economy and get it to end its reliance on on its oil reserves on on its oil revenues for its economy because eventually that's going to run out so it's you know he announced this big massive plan involves all kinds of things on one they're going to build this this massive like city of the future out in the middle of the desert and to be able to kind of do these big economic plans is big push that he is essentially based his rise on they need some money so over the past three fiscal years saudi posted more than two hundred billion dollars in budget deficits they've been borrowing a lot on the international bond market they've withdrawn something like two hundred fifty billion from their own foreign reserves to their cashstrapped basically so by by getting all he's a really really really rich princes hill many of them have been kind of symbols within saudi arabia of this kind of profligate in a super over the top spending wildly and all these rich lavish things while the saudi economy isn't too so great so by taking that by making them you of sacrificial lambs and taking their money and putting it back into state coffers officially you kind of get a two for one effect where you actually get some cash on hand and you also had this kind of political win and you also try to solidify the image that you are this young person different than what came before you he actually his use the phrase addiction to oil so this isn't just a phrase that sort of outside people use he's used it this vision thirty part of an involves building these gigantic like luxury resorts along the saudi beach richard branson everyone's favorite like nutty inventor virgin airlines is sort or the virgin companies investing in it which is kind of a a big endorsing if the plan.

oil reserves oil revenues budget deficits saudi arabia virgin airlines saudi beach two hundred billion dollars
"saudi" Discussed on FT World Weekly

FT World Weekly

02:02 min | 3 years ago

"saudi" Discussed on FT World Weekly

"Yeah i think really in a way levin is than hostage to this whole set of unraveling that's going on in the region it as as saudi looks to escalate against iran you know you are the prime minister if you think about it he resigned that here in lebanon like most people don't really feel that he resign they feel that he was forced to during a visit saudi arabia which is where he resigned from and where people still can't really get in touch with him it's you know there's an ongoing debate right now in lebanon is to weather therefore prime minister is even free if these under the custody of saudi authorities so that's kind of a remarkable thing if you start to think about that for a second you are socks by the resignation a surprise resignation of your of your your country's leader and then maybe he's being held by force by another country i mean nobody knows and that's the problem so there's a lot of uncertainty here but the broadly speaking that's almost become like a side issue to a much graver threat which is how seriously on saudi arabia is going to start pushing against iran diplomatically politically and economically a day root of course or lebanon i should say is is home to the to the regional force hezbollah which is backed by iran and is seen as one of the main sort of proxies that iran has so it's really important in some ways for for for them to be reined in on this he wanted tryon and hit back at iran which is why now lebanon went from being kind of ignored over the past few years of chaos in the middle east between what's going on with ice says what's going on with the syrian civil war to now feeling like they are about to become the center of of a lot of her accession now so if the codes of saudi anger at lebanon is his below.

levin iran prime minister lebanon saudi arabia tryon civil war hezbollah
"saudi" Discussed on WSJ Opinion: Foreign Edition

WSJ Opinion: Foreign Edition

01:49 min | 3 years ago

"saudi" Discussed on WSJ Opinion: Foreign Edition

"As he as he tries to adopt the liberal values that we here in western democracies enjoy an another aspect of this too is that it's not just on the economic front that mbs is changing saudi arabia but it's also on the defence front because in effectively running the defence portfolio he is also spearheaded their proxy war against iran in yemen and that has been an effort where saudi arabia has lost a lot of lives and it's an effort that the u s also backs because we don't want iran to have an arc of influence over the middle east in mbs in saudi arabia understand that in the not just pushing back against yemen are also pushing back against terrorism incutter at which a summit we've discussed on a previous podcast syrup i could the new crown prince also face criticism there that he is a two adventure some in foreign affairs or does the saudi public understand that they face truly existential threats to their country well again i'm looking at the news coverage surrounding this quite a lot of quotes from analysts in saudi arabia and outside you say he's too rash to adventurous but so far i i see a lot of good in this new saudi assertiveness one we've longtold are all of our allies that they should take more responsibility for their own security while saudi arabia by having this yemeni blitz his essentially done that it's it's galvanized support across the city arab states the contain tehran's influence.

saudi arabia iran yemen tehran