Podcasts about saudi us

Welcome to What Matters Now, a weekly podcast exploring key issues currently shaping Israel and the Jewish World, with host Amanda Borschel-Dan speaking with ToI senior analyst Haviv Rettig Gur. Last week, US President Donald Trump completed a four-day trip to the Middle East, his first official state visit of his second term. He struck economic deals in Saudi Arabia, Qatar and the United Arab Emirates and, in lifting sanctions against Syria, made a bold move that could reboot the wartorn country. On May 13, Trump delivered an almost hour-long speech at the Saudi-US Investment Forum at the King Abdulaziz International Conference Center in Riyadh, Saudi Arabia, that gives deep insight into his plan for the Middle East and beyond. Rettig Gur examines this speech and explains its significance. We hear how it reflects Trump's diplomacy, which in many ways harkens back to an earlier style of US policy. And we hear how, while the speech only names Israel once, it is actually a leitmotif. And so this week, we ask Haviv Rettig Gur, what matters now. What Matters Now podcasts are available for download on Apple Podcasts, Spotify, YouTube or wherever you get your podcasts. This episode was produced by the Pod-Waves and video edited by Thomas Girsch. IMAGE: US President Donald Trump speaks during the Saudi-US investment forum at the King Abdul Aziz International Conference Center in Riyadh on May 13, 2025. (Brendan SMIALOWSKI / AFP)See omnystudio.com/listener for privacy information.

Malek Rasamny walks us through the moving gears of Middle East geopolitics in the wake of Trump's visit to Riyadh, opening relations to the Syrian regime under Ahmed Al-Saraah (fka Mohammed al-Julani), nuclear talks with Iran, PKK disarmement, the current situation in Lebenon, and much more.Listen to the full episode for FREE by becoming a free member at http://patreon.com/theantifada. Or show your support by signing up for a $5/mo, $10/mo or discounted annual Patreon membership Malek is one directors of Native and the Refugee a film about the commonalities native american life on reservations and palestinian life on refugee camps"Beyond the Axis of Resistance" panel: https://www.patreon.com/posts/bonus-beyond-of-118617202US/Israel/Arab League ceasefire talks: https://www.dropsitenews.com/p/trump-netanyahu-saudi-arabia-arab-gulf-hamas-qatar-ceasefire https://www.dropsitenews.com/p/witkoff-hamas-trump-deal-edan-alexander-lift-blockade”Saudi-US investment forum” clip: https://x.com/hxhassan/status/1922390556740550962Trump on Syria sanctions: https://www.aljazeera.com/features/2025/5/16/trumps-decision-to-lift-syria-sanctions-fuels-dreams-of-economic-revival PKK disarmament and its regional significance: https://www.aljazeera.com/features/2025/5/14/what-does-the-pkks-disarming-mean-for-its-regional-alliesSong: Logic - 44 More

Sam Fenwick looks at the world's biggest business stories with guests Kimberly Adams in the US and David Kuo in Singapore.They'll find out how AI and arms are at the heart of the flurry of deals being made between the US and Saudi Arabia.Why is car maker Nissan cutting 20,000 jobs?And how British Airways says AI is helping the airline cut delays.

US President Donald Trump rounded out his first day in Saudi Arabia with a strong commitment to Saudi-US relations as the Gulf country has committed to investing $600 billion in the US, including the "largest defence sales agreement in history”. During his address at the US-Saudi Investment Forum, Mr Trump also announced that he would order the cessation of sanctions against Syria. Qatar is preparing to receive Mr Trump later today on the second stop of his Gulf visit. On today's episode of Trending Middle East: Saudi Arabia to invest $600bn in the US as countries sign 'largest defence deal in history' Donald Trump orders cessation of US sanctions on Syria Trump says it would be 'stupid' not to take gift of plane from Qatar Trump visit: Qatar Airways' potential 100 Boeing jets order would be 'big boost' for struggling US company This episode features Manus Cranny, Geo-Economics Editor, Mohamad Ali Harisi, Foreign Editor and Vanessa Ghanem, Arab Affairs Editor.

HEADLINES:- Elon Musk's Big Ideas at World Governments Summit 2025 in Dubai- Saudi's $600B Trade Pledge to US ‘Unlikely to Be Achieved,' Says Former IMF Official- Americana Restaurants Reports $2.2B Revenue in 2024, Eyes Continued Recovery

Risk sentiment hit by DeepSeek threatening US AI dominance, NQ -4.8% & ES -2.7%; NVDA -13.5% in premarket tradeEuropean bourses are also mostly in the red, Tech lags with ASML -10.6% while Energy names are hit on this and numerous other factorsAdditionally, disappointing Chinese PMI data overnight, Trump's tariff announcement on Colombia and reports around MXN & CAD also weigh on the risk tone.DXY is at session lows with 107.00 coming into view, havens lead with USD/JPY probing 154.00 to the downside.Fixed benchmarks benefit from the above and partially on better-than-expected German Ifo; Central Banks coming into focusCrude is now modestly in the green, as the USD provides support and offsets initial bearish action on the above and Saudi/US discussing lower prices; Metals lower across the boardLooking ahead, highlights include ECB President Lagarde & Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

On this episode of Frankly Speaking, we're joined by renowned Saudi political commentator Ali Shihabi. With the US elections just days away, we ask - does Saudi Arabia have a preferred candidate in this divisive race? And could the historic Saudi-US security pact still redefine regional dynamics? Plus, how are Saudi Arabia's megaprojects reshaping its global influence, and are the skeptics finally coming around?

The WEF's Demolition of the Global Food System! On today's show I discuss the WEF and Bill Gates plan to destroy the global food system! How are they doing it? What's the plan? Is the Bird Flu part of it? I also give you an update on the Saudi/US deal!  Web Site: www.DontTreadonMerica.com Email the show: Donq@donttreadonmerica.com DTOM Store (Promo code DTOM for 10% off)     Sponsors: www.makersmark.com www.reaperapparelco.com Promo code: DTOM   Social Media:   Don't Tread on Merica TV   DTOM on Facebook   DTOM on X    DTOM on TikTok    DTOM on Instagram    DTOM on YouTube

//The Wire//1800Z June 14, 2024////ROUTINE////BLUF: HOUTHI TARGETING AGAIN INTENSIFIES IN THE RED SEA. SAUDI CROWN PRINCE CANCELS ATTENDANCE OF G7 SUMMIT. PUTIN PUBLICIZES TERMS OF POTENTIAL UKRAINE PEACE TALKS.// -----BEGIN TEARLINE------International Events-Red Sea/HOA: Houthi targeting increases with two major incidents occurring over the past few days. Yesterday, three ASCMs successfully targeted the M/V VERBENA in the Gulf of Aden, causing severe damage. CENTCOM confirmed that at least one crew member was medically evacuated from the VERBENA due to wounds sustained during the attack.On Wednesday, Houthi forces successfully targeted the M/V TUTOR, a Greek-flagged cargo vessel (carrying coal) in the Red Sea. This attack was carried out via an Unmanned Surface Vessel (USV) and resulted in the TUTOR sustaining severe damage to the engine room. Per the latest reports, the vessel is experiencing severe flooding, and is reportedly not under command at this time. However, her current status remains unclear.AC: These attacks come as a Defense Intelligence Agency (DIA) report was released yesterday confirming that maritime traffic through the Red Sea has decreased by approximately 90% since Houthi targeting began.Middle East: Tensions between the U.S. and Saudi Arabia quietly increase following various diplomatic slights over the past few weeks. Last week, the 1974 petrodollar agreement between Saudi Arabia and the U.S. allegedly expired, with no replacement treaty scheduled to take effect. AC: While the 1974 agreement is legitimate, it's not clear as to if a 50-year expiration date is indeed contained within the text of the agreement. Regardless of the formalization of such a specific expiration date, the opportunity not being taken to renew Saudi-US relations during such a critical time in both nation's histories speaks volumes.Notwithstanding the formalization of such poor relations, the Saudis have been trading in oil using non-USD currencies for some time now (most famously including the recent unconfirmed claims of OPEC shifting to the Chinese Yuan). This recent diplomatic spat continues the already apparent shift in the diplomatic status between the two nations, and probably will result in more OPEC+ member states shifting away from the United States and more favorably in the direction of BRICS+.Additionally, Saudi Arabia has more directly signaled increasing dissatisfaction with the U.S. via Saudi Crown Prince Mohammad bin Salman (MBS) abruptly canceling his attendance of the G7 summit currently underway in Italy. AC: MBS was scheduled to be a critical attendee of the summit (as Italy seeks to improve relations with the Middle East, and court various trade agreements that have been in the works for months). However, he canceled his trip just a few hours before he was supposed to arrive in Rome, citing pressing duties to oversee the Hajj season (which is a poorly-camouflaged excuse, as his attendance is not required for this holiday season, which has likewise been scheduled for many months). This G7 summit would have been his first attendance as he increasingly takes over the duties of the Saudi empire.Europe: In a televised press conference, Russian President Vladimir Putin has publicly stated the conditions for a peace proposal in Ukraine.-----END TEARLINE-----Analyst Comments: Though the publicity of Putin's proposal may be surprising to some, this is probably Russia's last warning before the summer offensive comes to fruition. Though Putin's demands may seem unfair to the West (the annexation of Donetsk, Luhansk, Zaporizhia, and Kherson, along with dropping Ukraine's NATO bid), Ukraine is almost certainly not in a position to offer much flexibility in negotiations (if they were to occur). Consequently, this may be the best deal Ukraine is likely to get. Despite the hubris of the

Kevin and Kieran analyse the new £400m bid for-Everton, and find out who is looking to purchase Reading. COVERED IN THIS EPISODE: - Everton - Reading - The Premier League - Manchester City - Profit and sustainability Rules - Chelsea - EFL salary caps - Southend - Gambling sponsorships - Dundee - Inverness Caledonian Thistle - Multi club ownership - Euro 2020 prize money Follow Kevin on X - @kevinhunterday Follow Kieran on X - @KieranMaguire Follow Producer Guy on X - @guykilty Follow The Price of Football on X - @pof_pod Send in a question: questions@priceoffootball.com Support The Price of Football on Patreon: https://www.patreon.com/priceoffootball Check out the Price of Football merchandise store: https://the-price-of-football.backstreetmerch.com/ Visit the website: https://priceoffootball.com/ For sponsorship email - info@adelicious.fm The Price of Football is a Dap Dip production: https://dapdip.co.uk/ contact@dapdip.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Our guest Prof. Dr. Sascha Schmidt, a German Sports Business Professor with a McKinsey background. We look into the future of the industry, with his book “21st Century Sports”.  We explore the different technologies, how to categorize them and how to create your own tool to better follow the trends and take advantage of them.   Key Highlights Early days from Uni to his first Consulting gig at McKinsey working in Switzerland, New York and South Africa. Thesis for his Phd “Walk the talk”, do company's deliver on what they promise a-connect – German operations, develop business with sports clients in Germany, bring top tier consultants and sub-lease them to multi-national companies. Institute for Sports, Business and Society – Dietmar Hopp one of the founding partners (SAP Founder, Billionaire and owner of TSG Hoffenheim) Exploring SPOAC – Sports Business Academy by WHU , Havard Business School Case studies and MIT Sports Entrepreneurship Bootcamps Book – 21st Century Sports – essay collection, how technology will effect sports in the future.  21st Century Sports (whu.edu) Athletes and tech impact on them Sports Consumer – how tech changes consumption of sports Management – how the sports executives and leaders use tech Impact of AI in sports – example scouting , science and art Moneyball and new tech coming – motion tracking technology, even used for amateur sports Man(kind) vs Machines – how far has it come and will it go Fan controlled sports leagues (Fan Controlled American Football in the US) - younger sports fans, different consumption habit, want more participation Lessons on Customer Engagement from Fan Controlled Football Consumer tech in sports, AI – individualization of content, virtual arena's, metaverse – Sportsfix white paper example (and learning effect of Amara's law) Management and tech – can be overwhelming – below a simple matrix navigation system to sort through the tech jungle Physical tech  (robotics, wearables) Data processing (AI, Quantum tech, etc) Human interaction tech VALUE to: Athlete Consumer Management New Football concepts from Kings League (Gerard Pique), Baller League, The Icon League (Toni Kroos) Deliver an online experience, streaming, voting, influencers The Golf League (Tiger Woods, Rory McIlroy, etc) IPL – Indian Premier League Cricket Blending sports, music, fashion, education – edutainment products Esports discussion – big push in Asia and Middle East,  World Cup of Esports in Saudi – US$ 60 million prize pool (new Club Championship concept), difference to traditional sports, publishers control Traditional Football teams entering the space – diversification moves FC Barcelona – new approach in the tech and digital space with Barca Media Transformational Technologies Course – in partnership between WHU, MIT and Borussia Dortmund bvb.de/online-course/transformational-technologies-by-borussia-dortmund?cmpscreencustom Sports becoming an Asset Class – new institutional capital coming in – SMRF Capital – new value creation, still in development Bundesliga and new Investors collapse Resource:  WHU European Sports Business Program   About Sascha L. Schmidt is a professor and director of the Center for Sports and Management (CSM) at WHU - Otto Beisheim School of Management. At the same time, he is the academic director of "ESBP - European Sports Business Program“ of WHU, ESSEC Paris and Stockholm School of Economics as well as affiliate at the Laboratory for Innovation Science (LISH) at Harvard University in Boston/USA.  He studied economic sciences at the Universities of Essen and Zurich, where he also graduated with a doctorate. At the invitation of Harvard Business School faculty he worked in Boston as a visiting scholar, after which he joined strategy consulting. After several years at McKinsey, Sascha was appointed director of the ICS research program at the University of St. Gallen, and qualified as a professor at the EBS University (habilitation). He then entered into the world of entrepreneurship, building up the activities of recruitment agency a-connect within Germany. In 2011, he returned to academia and founded the Institute for Sports, Business & Society at EBS University. Sascha joined WHU in 2014. In 2019, he was a lecturer at the first MIT Sports Entrepeneurship Bootcamp.   Follow us on our social sites for the latest updates Instagram: https://www.instagram.com/sportsentrepreneurs/ Facebook: https://www.facebook.com/marcusluerpodcast LinkedIn: https://www.linkedin.com/company/sports-entrepreneurs Website: https://marcusluer.com Podcast: https://marcusluer.com/podcast To get in touch, please email us at podcast@marcusluer.com Feel Good by MusicbyAden https://soundcloud.com/musicbyaden Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: https://bit.ly/_feel-good Music promoted by Audio Library https://youtu.be/bvgIqqRStcQ

The Jobs report is out this morning, showing employment has slightly cooled in the US. Pro-Palestinian protests have been spreading around the world, as Israel waits for Hamas to response to a ceasefire deal. Meanwhile, Israel is a key factor in a landmark deal being finalized between the US and Saudi Arabia. We'll tell you about some of the 19 Americans being awarded the Presidential Medal of Freedom today. Plus, China launches a key mission in it's race to be a dominant space power. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tiffany Wilding, PIMCO Economist, expects growth to stagnate next year as the Fed's policy drags continue to build. David Bailin, Citi Global Wealth Chief Investment Officer & Global Head Of Investments, says there's opportunity in rising earnings as markets begin to normalize. Randy Kroszner, Univ. of Chicago Professor of Economics & Former Fed Governor, says continued wage growth makes the Fed's inflation goal unlikely. Paul Sankey, Sankey Research Founder & Lead Analyst, says he's concerned that Saudi Arabia may dump the oil market as prices continue to drop. Terry Haines, Pangaea Policy Founder, recaps a fiery Republican presidential debate.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance  Full transcript:  This is the Bloomberg Surveillance Podcast. I'm Lisa Abramoids along with Tom Keane and Jonathan Farrow. Join us each day for insight from the best in economics, geopolitics, finance and investment. Subscribe to Bloomberg Surveillance on demand on Apple, Spotify and anywhere you get your podcasts, and always on Bloomberg dot Com, the Bloomberg Terminal, and the Bloomberg Business App. Right now, I've been out a few days, but I really want to reset here on the American economy, and there's no one better to do that than Tiffany Wilding, economist at Pimco. Tiffy, I'm going to go beyond the labor reports. We'll circle back to that. What is your real GDP growth for twenty twenty four? Yeah, I mean, so we think that the good news from twenty twenty three, the resilient story, the you know, two and a half percent kind of above trend GDP growth, you know, that's probably squarely behind us. You know, the saying kind of goes you can't go to heaven twice, and we think some of the factors that led to that, you know, we're still some of these excess savings sloshing around from the pandemic and other supports, and you know, and those kinds of things in our and under our estimation are going away next year. And when you when those things go away, what you're left with is still tight monetary policy, you know. And obviously we have a Federal Reserve that is telling us they're going to remain on hold. So those policy drags are continuing to build. So overall, we think growth probably is closer to something, you know, the stagnant. You know, whether it's slightly positive or slightly negative, I think is anyone's guest. But we're kind of a stagnant situation next year. So are you basically saying that we're in heaven and that this is the Goldilocks and that you can't go there again it's over? Yeah, I mean, so we do think there's a lot of good news this year with the US economy. There's a lot of surprising resilience in the growth numbers, of course, you know, and and so we think, you know, the supply picture, as the Federal Reserve has also pointed out, has also helped that, you know. But again, if you looked at twenty twenty four, you have demand which is potentially coming down, you know, but some of the things that added to supply, like supply chain normalizations. You know, we have the labor force participation rate for the prime age folks that are now you know, it's back to pre pandemic levels. You know, we're just not convinced maybe that you're going to get as much on the supply side next year. Now. Of course, immigration has been a story here, and that's why we've also seen you know, the unemployment rate rise because some of those labor market inflows aren't getting absorbed by just a strong labor demand. But again, overall, all of those signals kind of point to us of something that's closer to more stagnant. More stagnant economy. Baked into this is this assumption that you're going to have higher yields for a longer period of time. You said, what we're going to be left with is just tighter financial conditions, and yet it's unclear whether that's going to be the case. There have been a lot of people calling for pretty substantial rate cuts by the Fed, by the ECP in response to inflation coming down significantly. Do you agree with the paradigm or oil prices stay lower than they have and keep inflecting lower because of production, because of supply, you start to see a re engagement of global trade, forget deglobalization, and you start to get more people come into the workforce. It's basically everyone that people use. It's the opposite of the this time is different narrative that we heard this year. Yeah, well, I mean, I'm not exactly sure in terms of labor market inflows. You know, higher participation rates for that prime age cohort, you know, I'm not sure that that's going to continue to increase. I do think there's some potential for immigration flows to stay high in twenty twenty four. That's been a story not only in the US but across the developed markets. Obviously geop elevated, you know, geopolitical risks and conflicts are are contributing to that as well. But overall, you know, I guess what we would say is is that, you know, the Federal Reserve has told us that they are still worried about the last mile problem on inflation. In order to really ensure that inflation's back to target, you know, I think we think, you do, you need to see some more labor market loosening. Marketing's coming back here in equity's, bonds, currencies, commodities, a little bit of adjustment off the claims, and we've come back in a little bit. I call it noodling. As we staggered to tomorrow morning at eight thirty, Tiffany, one of the great responsibilities you have is to stagger down the rows at PIMCO, tripping over the antique Monroe traders and looking at people's Bloomberg screens. And the two minute drill is what is a short space going to do, the Jerome Schneider space, And what's it going to do in terms of the wall of money that's out there that's off your remit? But your remit is what are the economic conditions that make cash finally move? Can you come up with a scenario where cash finally moves? Yeah? Absolutely, I mean I do think it's it's certainly this quote soft landing scenario, right, you know. And I think that the fact that the Federal Reserve as well as other central banks have signaled that they're at the top of their cycle, you know, along with this coinciding shock to term premiums, just made bond market valuations look really attractive and as a result, those higher yields just didn't stay around that long, and you are starting to see cash I think, come off the sidelines, go into the bond market now, you know, I think there's a question around the equity market, you know, riskier assets. I mean, certainly the soft landing will be helpful, but when we look at valuations, you know, for equities, for example, we are more cautious. Equity risk premiums are still within their historical range. They're not pricing in a lot of recession risk in our view, and we don't think were out of the water yet or out of the woods yet. There's still a lot of uncertainty here, and we just don't know that you're paid for it going out the risk spectrum. The quality of a lower GDP reset off of the shock of what happened in two thousand and three, two thousand. Listen, ma, I'm decades away. Lisa helped me here twenty twenty three. To me, what's so important, Tiffany, is the productivity discussion of the last ninety days. Give us the PIMCO brief on the efficiencies of the American economy. Yeah, well, you know, I think if you look more, you know, kind of a more broadly, there was a lot of noise around the productivity statistics during the pandemic because you had unproductive sectors that were effectively shut down then they reopened, and so there was kind of a mixshift, if you will, in terms of economic output that impacted the productivity data. But if you look more broadly, it looks like it's on trend at a low level, you know. And I would say that there is you know, probably good news in terms of the productivity outlook that's embedded in you know, AI and large language models and things like that. But if we look at research that you know, just kind of estimates how long it takes for those types of technologies to puller for it, obviously that time has come down, but it's not twenty twenty four. It's still likely a quote secular horiso three to five year time horizon that you're really seeing the productivity gains from something like that. And the last thing I would just highlight is that, you know, we saw PCs or the internet, you know that it took you know, quite some time for us to actually see productivity gains in the nineties to come from that. So you know, at least from a twenty twenty four perspective. You know, we're not as convinced that you really start to see that in the data. But I think there's you know, room for encouragement on a secular timeframe. Just quickly, Tiffany, you seem to be pushing back against market expectations for rate cuts next year. Do you think that we will get rate cuts by the Fed? Do you think that they'll be in the first half or do you think that they're going to be squarely in the second half and not that many? Yeah, well, I mean, look, I do think it depends. I mean the real side of the economy. You know, it does need to slow in our view, and it needs to slow, and you need to see a little bit more you know, loosening of the labor market, we think, in order for central banks to really feel confident that inflation is more sustainably at their target and you know, looking at you know, I think there's definitely some still resilience in the economy and we could see central banks lag worried about that outcome. You know, Powell has very clearly stated, you know, that he wants to be a vulgar you know, and Nana Burns, and so you know, we think they could be laggy in terms of when they start to cut, you know. But but nevertheless, you know, obviously the market's going to price a balance of risks here, and the inflation data certainly has been good over the last couple of months. Tiffany, thank you so much. Tiffany World. With pimcoll they manage Bill's notes and bonds out of Newport Beach, California. I think David Fann is doing what every other guest is comes on this program over the last ten years, does trying to work out the first question that Tom's going to ask, because no one's got any. I got two. It's a double bear. I hear it from guests all the time. I thought he was going to ask me what devis was. That's where I was leaning over David Baale and CIO and head of investments at City Global Wath with this in just a moment, let's turn to the price section equities on the S and P five hundred shaping up as follows, t K positive by point one yields up five basis points four fifteen fifty two on a US ten yet audible question to Baalen, you worked with John Henry years ago, the owner of the Boston Red Sox. How in God's name is John Henry let one Soto go to the New York Yankees and not the Boston Red Sox. And if you I won't answer that question, but tell me how it is that John Henry, as a trend followers won three World Series when the Yankees have only won one. And that's said very nicely finased, Thank you, very much, very good. Let's go to cash. I mentioned at the Bramo. It's in your review here the mystery here of all this cash and you talk about there's just too much cash out there. What do we do with our cash? Next year? You've laid out actually an incredible introduction to our what we're writing for this next year. We're just called slow then Grow, And the idea is that you are going to see a slowing economy at the beginning of the year. A lot of the concerns at LISTA just talked about, you know, actually could come to bear right, which is the economy slows down, but it does not crash. We do not have a recession, we do not have a v shape recovery. And because we don't have a clear signal to investors. They sit there in cash five point eight trillion dollars worth of cash at this point in overnight funds. It's extraordinary. And yet when you take a look at all the different parts of the economy, right, you take a look at the average stock in the US hasn't done that well. Ten stocks have done incredibly well. Bond market's already started to move, energy is down. You are seeing real signs that inflation is not an issue and that the FED will hit their target of two to two and a half percent by the end of the year. So if that's true, right, what you then need is a boost of earnings, right in order to believe that all of this comes together. And this is where I think the story is being missed by the average investor, is that in the US you're going to see ambient like earnings up by probably five percent this year and then eight percent in twenty twenty five. And that sets us up for a thing where you know, an opportunity where a balanced portfolio. Right, you put your money in bonds, and you put your money in stocks, and you sit there and you're patient, and over the next eighteen months you can get yourself a fifteen or twenty percent total return. Now you're giving me the skeptical look, Lisa, Right, and here here's there's the here's the here's the here's the interesting data point. In nineteen thirty one and in nineteen sixty nine, the last two times we had stock and bond markets down for an entire year, if you looked out just two years later, in each of those periods, you know the A balanced portfolio sixty forty was up more than twenty percent. And while that's not statistically significant, what's interesting is we've already had incredible negativity in the stock market and incredible negativity in the bond market this year. Okay, you point to Tom, but this to me is really a question of can you bet on the grow before we get the slow? Right? Well, the grow is already the grow is the is really the is the coming off of it? Was good? One sec. Did you just make that up? Because that's correct. But that's essentially what we're asking is can you bet on the expansion before we get any kind of slow? I love that. That's awesome. Okay, so we have to answer the question that please stake. So let's let's take a look along real estate, right, which, right, has already been in a recession. We've had manufacturing already been in a recession. We've had parts of the you know, parts of our economy like healthcare, right, negative earnings for the first time in fifteen years this last year, lots of these you know parts of our economy. Forty or fifty percent of our sectors are going to be having very positive earnings relative to twenty twenty three. And then the average stock which has gone virtually nowhere this year, you know, has the opportunity to rise. You know, one of the things we put into our portfolios is the most boring investment we've added, which is sn P equal weight. If ten stocks have done well, you want to own the other four hundred and ninety. So I just think that this is where people have sort of missed it is that we haven't seen the overall market rise yet. And that's what twenty four is going to be about in terms of earning. So the double digit percentage point game that you think we can get next year, that's the equal weight and not the market can't whites it index. That's right, Okay, that's right, And I think that's you know, that's the opportunity, is this rising earnings because you've had you know, large portions of the US economy are coming out of a recession. Now, their inventories are down, they've got to rebuild, they're not hiring. Wage cross are coming down. You know. It's it's not about a landing. That's the other things everyone's LP does. This is the hard landing something forget about it. We're now in the situation where we're now beginning a normalization of markets to back to you know, sort of where they were like four years ago, pre pandemic conditions, and we're going to be coming out of this in a grow mode. A bank structured well for that moment, a bank structure or our client structure now a bank structured as in the equities, the bank equities that have struggled so much this year off the back of high yeas. I mean, I definitely believe that the normalization of the yield curve is going to definitely change valuations for banks as a segment. I think that's more of a twelve to eighteen months trade than it is a long term, you know, long term opportunity. I do think that banks are very undervalued at these At this point, I guess I'm trying to understand this perfect scenario and how much oil plays into it as well, given the fact that that has been one of the reasons we've seen this disinflation narrative get some legs. How much is that factor in that we're going to keep seeing suppressed valuations? Right, So, I don't think we expected oil to move down as quickly as it has, and I definitely think it's supply. Like you said earlier, earlier in the program, what we I think discounted as the fact that globalization is still a major disinflationary force. Import costs of goods coming into the US, both finished and unfinished goods are negative three point seven percent relative to last year. They are adding to the disinflation story. So between energy and import costs, you have this situation where you just don't have inflation on goods, and that of course translates into a better economic scenario. It seems like you're having trouble believing that this is actually that you could have a really good backdrop for markets. Now, what I find fascinating is just how much the narrative has gotten it wrong. Everyone's talking about deglobalization, how that would lead to inflation. Oil prices would be higher because their production just wasn't capable of meeting demand. As all of the transition happens, and all of a sudden, workers are going to cost more to do the jobs that need to get done. And what we're seeing is all of the exact opposite. Isn't that sort of remarkable? Is remarkable? Hiring for the last years has been surprising. We've hired more people with slower gd GDP growth in the US than in history, and now that's coming the other side. And you know, the Saudi's and Opek wanted to keep oil prices higher, right, but they were unable to do so. They were originally willing to cut back production. So there's a lot of things where people, you know, think they can control market. And just to add one more thing, expectations in China and Europe are so low that they can't help but contribute, I think, to the growth story. Sometimes in twenty twenty thirty four, this was great. You should get a podcast. You do that all the time here podcasts. Yeah, we can do another one. Why not? What should we cod it? Help and glue something like that. We just call it sloth and grow or what was the other oh forget okay, but it was good. It was like drive, It's awesome. That's his work time for that. That was the whole thing. I mean, that's the bet that we have going on. That's great, David, Thank you and thanks for sharing you around with us as well. My great pleasure. Depending then, a city glob of waff looking ahead to next year, is the FED put back? There's no better way to answer that question than speaking with a former FED governor, Randy Krasner, professor of economics at the University of Chicago Booth School in Chicago, joining us. Now, Randy, do you believe in this idea that the FED will cut rates aggressively next year simply in response to disinflation, even if it is not accompanied by weakness. So, if they've reached their goal of bringing inflation down to their two percent target, they'll be happy to bring rates down. But I don't think they're going to get to their target anytime soon. I look, Governor Crasner, and I know you had a recent meeting where the Booth School graduate John Stadzinsky, in all of his work now at PIMCO as well, but what the John Stadinski world is about a global sense of we're all in this together. That's been the hallmark of his work for years. How linked now our central banks to develop a constructive disinflationary trend. I think that's right. I think you saw that once the FED took off raising rates fairly aggressively, that the major central banks in the world did the same, so that they kind of played from the same playbook because they were experiencing inflation in a similar way, which suggested that at least part of the inflation wasn't just due to what central banks were doing, but was also doing to some of these broader global supply chain factors. And we've seen inflation come down, we've seen them move down together. But the FED is is really the big player, and so it tends to be that other central banks will follow what the FED is doing. But of course there's some discussion across the central banks, but the Fed's got to do what it's got to do for the US economy if we are the big player. And I guess this is off the job report tomorrow on the American exceptionalism of strong nominal GDP better than good fiscal stimulus. You know, we all know the story, But the answer is we're dealing with the technological excellence. Does the FED pull that into their debate? That's one of the debates about productivity, and because if you have high productivity growth, it's perfectly fine to have high wage growth and not have inflation. But if you have low productivity growth, you can't sustain high wage growth without there being inflation because the costs are going up relative to the outputs. And so that's one of the debates. Are we going to see productivity continue to be strong as we have over the lastree quarters? Is that the main reason? Ready, you don't think we're going to get to the Fed's target. Oh, it's I think their whole variety of reasons. I think you've got expectations that never went up very much for inflation, I think to the Fed's credit, so that never really lost credibility as the FED did in the late nineteen seven in these early nineteen eighties, but I think it did lose a little bit and people have kind of gotten used to asking for a little bit more in wages, and they also have to make up for having lost so much in real terms inflation adjusted terms over the last couple of years, so I think there's going to be a catch up in wages. I think nominal wage growth is going to be above the inflation rate as it has been over the last few months, and that means at some point it will be less exciting for firms to be hiring and holding workers. The employment rate will move up, and as you know I've mentioned before, I think we'll probably have a hard ish landing. Not a hard landing, but hard ish. So if you talk about the nodes of inflation that are stick here that are going to be concerning to the FED, that aren't going to allow them to cut as aggressively as some people are currently pricing in Is it particularly the service sector. Is there an area of inflation that you're focused on to sort of signal what you're talking about. I think the FED is going to be laser focused exactly as you said, on services as well as on the key thing that will be driving services inflation, which will be wage growth, particularly wage growth relative to the inflation rate, which until recently, until really maybe four or five months ago, had been wage growth, nominal wage growth was below the inflation rate, and now nominal wage growth has been above the inflation rate. It's great for workers because they're getting increase in real wages, but that means that firms are going to be a little more reluctant to to higher Randy, our lower prices. If oil inflationary or disinflationary, well it certainly for headline inflation it's lower. It helps to lower the headline inflation rate. But as we know, the oil prices have gone down, gone up, down, down, and so the FED kind of looks through that, and that's one of the reasons why they look at the core numbers that strip out the more volable food and energy sectors. Randy, you're one of our giants in financial economics. Where we are right now? Is it out of the textbooks you learned from or post pandemic? Is this all original? Well, I wouldn't say it's all original, but it's at least a little bit unusual. The amount of supply chain disruption we had. Pandemics so far have only come from along once a century, and hopefully it will be another century before we have another one. And we've also seen an unusual resilience, not only the US economy but elsewhere to very significant interest rate increases, and so that's a little bit off of the traditional playbook. Is it a whole new playbook, I'm not so sure yet. Certainly it's pushed the existing playbook to the edges. Professor Krasner, thank you so much, Randall Krasner, the former governor of the Federal Reserve System. Paul sank joins right now foundered lead analyst at Sankie Research with one of the most red notes on the street. Paul, I want to go to the madness of nineteen eighty six. I'll pack absolutely blow it in nineteen eighty six with a price plunge. Can we get a redux on that again? And particularly with the new American production of oil, it's not eighty six now. And by the way, it's a pump jack and leap to think about the joke. That's kind of more realistic. As you use your swimming pool to store oil that you need a can tango. You need can tango for that swimming pool trait. And we're in vanquidation. So eighty six is not the right one, to be honest, Tom. It's that was when opek increased into the Asian financial crisis, and it's quite the opposite here. What we've got here is a twenty fourteen, probably not a twenty twenty, but in both cases that's where Saudi flushed the market essentially because they got frustrated with cutting back and cutting back production to maintain prices, such as twenty fourteen being the really excellent example. What was happening is they were losing market share, particularly to Iran, which was coming back through sanctions, and you had, of course the growth in US production that was squeezing Saudi from the other side. And then in fourteen they essentially couldn't get the rest of OPEC to agree with them. They dumped the market. They flushed the market. We went in a straight line from one hundred and ten in summer to fifty twenty fifteen January, so in six months we went, we've cut in half and then we bottomed again. If you remember in twenty sixteen, I don't think COVID you know the twenty twenty market share wall, which was more extreme. Sadi went to an all time high level of production in twenty twenty, which was in April twenty twenty, which was truly praised in a lot of ways because of course it made for negative oil prices in the US. But here you've clearly got a situation where Saudi has cut production and is facing a very strong demand environment. So it must be extremely and in fact an all time record demand environment. It must be very frustrating for them to be losing market share to Iran and as John mentioned, to an absolutely booming US industry. And I think everyone's turn negative oil, not least because the US has accelerated this year into the second half in terms of production and you know, taking more market share from Saudi. So our concern is that Saudi said they'll push through Q one with cuts, but by the time you get to Q two and if demand isn't strong enough seasonally, you could see Saudi dump the market and try and make everyone honest again. So you know, that's I think that's the analogy. Paula. Just want to be really clear about where we are right now. There's a lot of people trade in equity as a columnists making recession calls. You think this is about supply and not demand right now currently, I don't know how you can get higher demand than all time record demand. Now. Having said that, because we're one hundred and two point five million barrels a day. We're at over one thousand and two hundred barrels a second of demand, so demand site's pretty much good. And China's been pretty good in the second half too, which was always the balancing item in terms of bullishness and oil. And keep in mind, of course, John, that it's seasonally a weak time for oil here, so we're dumping into the traditional post labor day weakness. And we'd actually think, whilst we're worried about the Saudi market share war, we can see a bounce here in oil. Distillate demand here remains very strong. It's cold this morning in Brooklyn, but more importantly it's cold in Europe. And you know, I think we're a bit over sold in oil here. Doesn't change the fact that we think there's a structural problem in the market, which exactly as you say, is too much supply and too much better capacity. Particularly well, but Paul, I want to just develop. You think that were over sold here, and you think that there is a good chance that Saudi Arabia flushes the market, increases, production goes away from some of those cuts, as you said, make everyone honest again. In that case, how low could prices go, well, it's an interesting question because what you're trying to do at that point is shut down US supply growth, and that becomes the knotty debate, that's the analysis, that's the Permian question, because of course what Saudi's trying to flush at this point is going to be excellon Chevron Conicco. You know, it's not your old school emp's with a lot of that kind of collapse at the first side of trouble. And of course all these companies have basically planned at sixty dollars maybe less in terms of what they're doing, and have growth targets that they want to meet. So I think it's going to be a more inelastic supply side for the Saudis to attack. Additionally, in twenty five we're adding eight FPSOs that's a floating production and storage vessel, which are very big in places like Guyana, Senegal, and those are very priced and sensitive as too. That is to say, once you've built your huge production vessel, you don't shut it down. Because I was at fifty So it's a pretty it's a fascinating market. By the way, Tom, going back to eighty six, the whole peak oil question is like what were you talking about the supply side. The supply side has got excess at one hundred and two point five million doles of their demand. It's like what I think, a lot of bit of technology and AI. Actually, seriously, I'm very proud to say I didn't believe in peak oil for one minute. That's maybe one thing I got somewhat right. Paul, we see mister Putin on a junket to Saudi Arabia or Muhammad ben Salman. What's a dynamic there? Does the Saudis tell the Russians what to do? In the Paul Sanke world, I think they ask them for help, for sure. The problem is the Russians lie, right, I mean, whatever they say is like whatever they say, I don't know how much they really do. It's possible that they realize that there's enough of a problem and that they want that relationship with Saudi to be good, that they do get on board. And I think it is very significant obviously the Putin's meeting MBS, because there must be some quid pro quo here. We suspect and we really don't know that. The Saudis have also asked the US to tighten sanctions on particularly Iran, but also Russia obviously, because those have been two other major problems for the Saudis. The US has essentially been allowing a lot of additional oil onto the market into an election year. We think that maybe the Saudis have said, if you tighten sanctions, will make sure the ol price doesn't get too high for elections. But of course then the camp next years to the Saudis really preferred Donald Trump. So you know, I'm not sure about that that speculation, but certainly there's been evidence the US has been tightening somewhat the Iranian and Russian sanctions, which would help Saudi apoor. Didn't they try that going into the midterms last year, tried to tighten sanctions or try to try to get the Saudis to boost output to get THRUD prices lower. Yeah, I think Saudi US relations have improved over the last year, for sure, and I think through the Hamas, you know, a nightmare, we've seen obviously a lot of work from Blincoln to try and get everyone back on the page. And of course it's said in the press that the NBS actually kept blinking waiting for quite a long time at a time when he was insanely busy, which I'm sure he didn't appreciate. So I think they're still sending messages that the original language of this administration, which you'll remember well before the election, when Biden was very negative about oil and very negative about the Saudis. They don't forget that stuff easily. But at the same time, they're very pragmatic people. I think they realize that the US is hugely important to them. We've had subsequently had security agreements between Saudi and the US. So it's really complex, and I think a lot of people are saying a lot of things to a lot of you. There's a lot of multipolar world going on here. I don't know how much they really truly love the Russians as well. I mean, the history of that relationship is nothing like the quality of the history of the US Saudi relationship. Well said Paul, appreciate the explanations this morning. Thank you, sir. You're one of the best pol of Sanki research joining us right now. Terry Haynes and Pangae are really timely discussion here. Staggering to January, Terry Haynes, the zeitgeist out there is OMG a red nation a Republican presidency, a Republican Senate, and a Republican House. Maybe maybe not. Where are we heading? Here? Are we heading to a Republican sweep? I think where we're heading is very much like what you see today, Tom Frankly, Whether or not the president is Democratic or Republican, I'd still give Biden Biden Trump race. I'd still give Biden a little bit of edge. So let's start there. I think what you've got is a Senate that is more likely to be marginally Republican majority and a House that's more likely to be marginally Democratic majority. So it's another version of the same thing. People will spend the next year winding themselves up about this, but the reality in Washington is, unless you have a sweep of all three parties plus a sixty vote majority in the Senate, which nobody's had for decades, not much changes. Do you see a Trump Haley ticket. I was asked at least three times this week about that. Is she running for vice resident? No? I think she's running for president, And you know, I think she's doing reasonably well. As I say, and as you well kindly headlined, six out of ten Republican voters don't want her. You know, even in the Trump numbers in early primary states, one third of those people at least are what pollsters call soft, in other words, willing to entertain other options. Iowa has a history of surprising. She's very much running for president and thinks that if a couple of breaks go her way, she might well get the nomination. And if that's the case, poll show today she do much better than Biden would do. So there's a path there for her, and you know she sees it and she's trying to seize it. Could you develop a little bit more what that path is considering the fact that Trump is still pulling in about sixty percent of Republican voters and she currently is it at fifteen percent. Well, the path is this. Firstly, throw out the national number. At no point in the presidential race is a national beauty contest number ever relevant. It's all about getting a nomination. It's all about primary states. You get down to the primary states, Iowa, New Hampshire. Now Trump's at about forty five to forty to forty five depending on the polls. So what you have is you've got fifty five to sixty percent that already don't want Trump. A third of those, as I say, or at least willing to entertain an alternative. So it doesn't take much to see the quick consolidation and the race that's already happened, combined with some Trump underperformance. Say, you know a lot of those people decide, you know, gee, cry what I heard from Christie's right, you know Trump's not really going to be able to govern or anything else, and make a break all of a sudden. What you've got in the in the first race or two is you've got a real race where Trump looks like he's underperforming and the not Trump field is coalescing' that's the race, Hayley sees. My only point is there's a much bigger chance of that than most people are willing to entertained, because I think, frankly they're blinded by the national number. In the meantime, terry, there's this question around the ability to govern before that, especially heading into the new year, given the fact that Kevin McCarthy is going to be stepping down the former House speaker who is going to leave at the end of this year, how much more likely, given the thin majorities, how much more luck likely does that make some sort of government shutdown. Well, you know, I think marginally, I think there's a likelihood that what you see either in January or February from House Republicans is some sort of a shutdown. You know, a lot of this vast majority of this course is performative. They're wrangling over thirty percent one percent cuts in thirty percent of the budget, so it's not as if they're taking an act to anything. But you know, what they'd like is some backtracking and spending. You've heard that from the presidential candidates last night, where you know, Hayley frankly proposed something Gill return to pre COVID levels. Then even House Republicans are doing so, you know they want to not in that direction, but you know there's not a lot of meeting that opens on the spending thing. Terry. The middle of July next year, the Yankees are going to be playing seven hundred baseball with Aaron Judge in one Soto. I mean, it's a no brainer right there. There's going to be a confab in Milwaukee to the convention in Milwaukee and frankly the Democratic equivalent. Are these going to be normal conventions? If Biden is the nominee. It's going to be a fairly normal convention. If Trump is the nominee. In the Republican Party, I'd predict kind of mass affections and even a temporary split in the party as a lot of people walk out and refuse to support. Not unlike in a very broad sense, not unlike what happened to Democrats in nineteen seventy two, where you know, a lot of the traditional Democratic coalition, including Labor, refused to support mcgovernor instead, you know, supported Nixon. I think you see a lot of that stuff. The other great unknown between now and Joel I is what happens with third party races, whether it be with Bob Kennedy, whether it would possibly be with Joe Manchin somebody else. I say, I think there's a huge restiveness in the electorate, and you could see a third party candidacy gaining buyer really quickly. When do we see the machinery to have a third party candidate? Is that a January event, an April event, or dare I say into the convention season? I think more like a March to April event. Frankly, that is kind of what the labels people have promised but more importantly, what No Labels has promised is the idea that, look, once things begin to take shape and we know whether there's a Trump versus Biden likelihood or not, you know, then we'll make a decision. So you're looking at Super Tuesday in early March, and after that I think you probably get a decision. Terry Hines of PANCHEA Policy, Terry, thank you. Subscribe the Bloomberg Surveillance Podcast on Apple, Spotify, and anywhere else you get your podcasts. Listen live every weekday starting at seven am Eastern on Bloomberg dot Com, the iHeartRadio app tune In, and the Bloomberg Business app. You can watch us live on Bloomberg Television and always on the Bloomberg Terminal. Thanks for listening. I'm Lisa Abramowitz, and this is Bloomberg 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Welcome to The Times of Israel's Daily Briefing, your 15-minute audio update on what's happening in Israel, the Middle East and the Jewish world, from Sunday through Thursday. Senior analyst Haviv Rettig Gur and health reporter Renee Ghert Zand join host Amanda Borschel-Dan in today's episode. Prime Minister Benjamin Netanyahu held a long-awaited face-to-face with US President Joe Biden yesterday. We begin the program with a report from diplomatic correspondent Lazar Berman, who is traveling with the prime minister. Rettig Gur looks at the Saudi defense pact aspect of the normalization process that was highlighted in the Biden-Netanyahu meeting, including the intriguing question of whether this would mean the other nations' forces would aid in any armed struggle. Ghert-Zand recently reminded readers, “As in the US, one in eight Israeli women will develop breast cancer in their lifetime.” How have Israeli mammogram recommendations shifted in line with this statistic? With the upswing in new COVID cases, are we any closer to understanding long COVID? We hear about the grab-bag of symptoms and few options for treatment. And finally, the first Israeli team to compete at the Invictus Games came home Monday from Dusseldorf, Germany having won 14 medals, including three golds in table tennis. Discussed articles include: Meeting Netanyahu, Biden calls to uphold democratic values, talks up Saudi deal hopes Health officials remind Israeli women of new mammogram guidelines As patients suffer, long COVID remains a collection of symptoms with no single cure IDF disabled veteran athletes bring home 14 medals from their first Invictus Games Subscribe to The Times of Israel Daily Briefing on iTunes, Spotify, PlayerFM, Google Play, or wherever you get your podcasts. IMAGE: President Joe Biden meets with Israeli Prime Minister Benjamin Netanyahu in New York, September 20, 2023. (AP Photo/Susan Walsh)See omnystudio.com/listener for privacy information.

On this episode of Frankly Speaking, we are joined by Fahad Nazer, Spokesperson for the Saudi Embassy in Washington DC, to ask whether the Saudi US relationship is back on track. Plus - is the Saudi-Iran deal a slap in the face to Washington, or can it serve their interests… and are the two sides any closer to securing a lasting ceasefire in Sudan?

Saudi Crown Prince Mohammed bin Salman has become adept at walking tightropes. Mr. Bin Salman's latest balancing act may be among his most challenging.

Multipolarista host Ben Norton is joined by historian Aaron Good joins to discuss how oil is used as a geopolitical weapon, analyzing the 1973 OPEC oil embargo, Saudi-US alliance, petrodollar, Nixon shock and Volcker shock, and Washington-orchestrated 2014 oil crash. VIDEO: https://youtube.com/watch?v=Cq8z3Cwgk6Q Check out the playlist for our US Empire and the Deep State series: https://youtube.com/playlist?list=PLDAi0NdlN8hNArLl765PXe8tsTKmOciGL Follow Aaron on Twitter at https://twitter.com/Aaron_Good_ Support Aaron's podcast American Exception at https://patreon.com/americanexception

The New Arab Voice is back!For our fifth season, we're starting with a look at the recent upheaval witnessed in US-Saudi relations. Saudi Arabia sparked the ire of the US earlier in October, when it was announced that OPEC+ would be cutting oil production by 2 million barrels a day. Such a move is sure to keep prices at the pumps high, and threaten the electoral chances of Democratic candidates at the upcoming midterm elections. In Washington there is also concern that the decision signals a Saudi shift towards Russia, and that any increase in the price of oil, could aid the invading nation with their war in Ukraine. Why have OPEC+ opted to cut productions? What does Saudi Arabia have to gain? Why is the US so angered by the production cut? Can Saudi Arabia really survive without US support?On this week's episode, we speak with Imad K. Harb (@harb3imad), the Director of Research and Analysis at Arab Center Washington DC (@ArabCenterWDC), and Joanne Held Cummings (@PoJoCummings), Distinguished Senior Fellow on National Security at the Middle East Institute (@MiddleEastInst) and a retired Foreign Service Officer from the US Department of State.This podcast is written and produced by Hugo Goodridge. Theme music by Omar al-Fil. Other music by Blue Dot Sessions. To get in touch with the producers, follow then tweet us at @TheNewArabVoice or email hugo.goodridge@alaraby.co.uk.

Krystal and Saagar give their commentary on Ukraine military aid, calls for diplomacy, microchip competition, Saudi-US relations, animal rights, online censorship, economy messaging, Chipotle unionization, & more! To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623  Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl  Merch: https://breaking-points.myshopify.com/ Chicago: https://www.axs.com/events/449151/breaking-points-live-tickets  Chipotle Workers: https://workerorganizing.org/support/chipotle-workers/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Krystal and Saagar give their commentary on Ukraine military aid, calls for diplomacy, microchip competition, Saudi-US relations, animal rights, online censorship, economy messaging, Chipotle unionization, & more!To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/To listen to Breaking Points as a podcast, check them out on Apple and SpotifyApple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/Chicago: https://www.axs.com/events/449151/breaking-points-live-tickets Chipotle Workers: https://workerorganizing.org/support/chipotle-workers/  Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

The New Arab Voice is back for a new season!On our first episode of season four, we're exploring the recent diplomatic visits of Saudi Arabian Crown Prince Mohammed bin Salman (MbS), and looking ahead to the upcoming visit by US President Joe Biden to the Gulf nation. Earlier in June, MbS visited Egypt, Jordan, Iraq, and Turkey, where a host of new deals were struck and steps were taken to get relations that had previously taken a hit, back on track. Perhaps the most notable visit by the Crown Prince was his meeting with Turkish President Recep Tayyip Erdogan. The trip marked an end to the international isolation he had experienced, following the murder of Saudi dissident Jamal Khashoggi in 2018. Why was it necessary for the Saudi Crown Prince to make the diplomatic regional tour? What does it mean for the kingdom's regional relations? Has the Arab and Islamic world moved past recent nefarious actions attributed to MbS? And are we going to see a new chapter in Saudi-US relations. We speak with Ömer Özkizilcik (@OmerOzkizilcik), a foreign policy and security analyst based in the Turkish capital, Ankara, and with Gerald M. Feierstein, Senior Vice President of the Middle East Institute (@MiddleEastInst) and the former US Ambassador to Yemen, under President Obama.This podcast is written and produced by Hugo Goodridge (@hugogoodridge). Theme music by Omar al-Fil (@elepheel). Other music by Blue Dot Sessions.To get in touch with the producers, follow then tweet us at @TheNewArabVoice or email hugo.goodridge@alaraby.co.uk

Bad news was perceived as good news yesterday, and the US stocks reversed losses on the back of a significantly lower-than-expected ADP report, which showed that the US economy added the lowest number of private jobs since the pandemic recovery began. But, the Fed will certainly not change its mind on the soft jobs data. Due today, the US is expected to have added some 325'000 new nonfarm jobs in May, with a slower pay growth from 5.5 to 5.2%. It looks like a soft NFP figure could be interpreted as ‘good news'. But that optimism may not necessarily last long, if other factors like wages growth, and energy prices don't hint at slower inflation. And speaking of energy, the surprise OPEC decision to increase production may be a turning point for global oil prices, and the war, as it is likely an important step for Saudi-US relationship. The US crude hasn't reacted on the desired direction, but yesterday, the pricing was absurd, anyway. On the individual stocks front, Block gained 7% on news that the company is working with Apple for Tap to Pay service. Phew!

This chapter marks a year since this podcast publicly released its first episode. It truly has been a journey of discovery and I, Abdallah Dutton, would like to personally thank everyone that has tuned in and supported me on this project.  This episode is a statement to understand the time we live in. It draws on my understanding of the work of the ancient Greek historian Polybius and what he outlined as the cyclical nature of political systems throughout time. It concludes that as an Ummah we look towards the Crown Prince HRH Prince Muhammad bin Salman Al Saud as a new hope for guidance and protection in this strange time.  Be patient, it is not what you have been taught.    Dedicated to my Teacher and Master Shaykh Dr Abdalqadir as-Sufi (rahimullah) and his inheritors the Fuqara.   Further Reading: Shaykh Abdalqadir's Article 'Hail to the Crown Prince': https://shaykhabdalqadir.com/hail-to-the-crown-prince/ For a deeper analysis of Saudi - US economic relations and where Saudi sits today: https://www.leaders-mena.com/saudi-arabia-is-surviving-financial-liberation-thanks-to-the-realism-of-mohammed-bin-salman-morad-al-hattab/ For an outline on MBS' rise to power and the change in succession: https://observer.com/2019/01/how-saudi-arabia-crown-prince-mbs-rose-to-power/ The recent article on an interview with MBS published by The Atlantic: https://www.theatlantic.com/magazine/archive/2022/04/mohammed-bin-salman-saudi-arabia-palace-interview/622822/   Music by Ian Cattanach  

Krystal and Saagar cover the military developments in Ukraine, Zelensky banning opposition parties, China's shift towards Russia, the Hunter Biden coverup, Fauci's return to TV, US media's shaming of India, how America is jeopardizing peace in Ukraine, and the imbalanced relationship between US & Saudi Arabia.To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/To listen to Breaking Points as a podcast, check them out on Apple and SpotifyApple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/Murtaza Hussain: https://theintercept.com/staff/murtaza-hussain/ Yemen: https://theintercept.com/2022/03/16/yemen-war-biden-us-support-saudi-arabia/  Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Krystal and Saagar cover the military developments in Ukraine, Zelensky banning opposition parties, China's shift towards Russia, the Hunter Biden coverup, Fauci's return to TV, US media's shaming of India, how America is jeopardizing peace in Ukraine, and the imbalanced relationship between US & Saudi Arabia. To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623  Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl  Merch: https://breaking-points.myshopify.com/ Murtaza Hussain: https://theintercept.com/staff/murtaza-hussain/  Yemen: https://theintercept.com/2022/03/16/yemen-war-biden-us-support-saudi-arabia/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Panel discussion at the University of Michigan in Ann Arbor's School of Public Policy with Negar Mortazavi, John Limbert, Hesham Alghannam, David Des Roches, and moderated by Dania Thafer of the GIF. --- Send in a voice message: https://anchor.fm/theiranpodcast/message Support this podcast: https://anchor.fm/theiranpodcast/support

A court in Saudi Arabia upheld a 20-year prison term imposed on a Saudi aid worker who had criticized the government on Twitter, drawing a rare public rebuke from the US in another sign of tension between the Biden administration and the kingdom.The ruling, confirmed late Wednesday, also upheld a 20-year travel ban on Abdulrahman al-Sadhan after his release. The case against him may have roots in an elaborate ploy that began in Silicon Valley and sparked a federal case against two Twitter employees accused of spying for Saudi Arabia. The men allegedly accessed the user data of over 6,000 Twitter accounts, including nearly three dozen usernames the kingdom had wanted disclosed.Abdulrahman al-Sadhan's family has said his identity appears to have been among those leaked to Saudi authorities as the person behind an anonymous Arabic Twitter account that had amassed a large following and was critical of the government. His case is the latest example of the continued crackdown against those who criticize the Saudi government and Crown Prince Mohammed bin Salman. It also shows the lengths to which the authorities have gone to silence them.Abdulrahman al-Sadhan's case stands out because of the severity of the sentence and its possible links with an FBI investigation and federal case in California against the two men accused of spying on behalf of the kingdom while working at Twitter with an alleged third accomplice. The Saudi appellate judges handed down their ruling Tuesday. Saudi authorities have not commented on the legal proceedings, including the most recent ruling. The court did not make the decision public.Abdulrahman al-Sadhan's sister Areej al-Sadhan, a dual Saudi-US citizen, talked to The World's host Marco Werman about the situation. Marco Werman: Areej al-Sadhan, what exactly was a crime Saudi authorities charged your brother with?Areej al-Sadhan: Basically for expressing his opinions on Twitter. It was a list of vague charges that don't make any sense, and it's all basically under the umbrella of what the Saudi call "fighting terrorism." And if you look closely at what the Saudi government considers terrorism: it's criticizing the Saudi rulers will be considered terrorism.And you were saying the two of you have been out of touch for the entire time he's been in prison thus far?For me, here in the States, even for my mom, who is also an American, we couldn't get to speak to him or see him at all. He's completely barred from any calls or visits. And even during the hearings, he was limited from contacting his lawyer. Abdulrahman's sentence of 20 years has now been augmented with a 20-year travel ban, which means your brother will be well into his 70s before he can leave the kingdom. How are you and your family taking this news?It's just crazy. It's inhumane. Unbelievable. Why would they do that for criticism, for tweets, you know, over tweets? It's just crazy. And of course, we're very upset. It's very painful. My mom has been suffering a lot as a result of this. She hasn't spoken to her son, and my brother was very close to my mom. He always checks on her. He's very loving and caring to all of us, but especially to our mother. This is very hard to be deprived from, you know, speaking to her son or seeing him. And on top of that, hearing all the details of torture and forced disappearance and mistreatment, it is just terrible and nobody should accept that.The US State Department says it is concerned about the mistreatment your brother was subjected to and that his fair trial guarantees were not respected. How has your family been dealing with the lack of transparency in Abdulrahman's case? How do you get accurate information? Luckily, there are different witnesses from the earliest of days, like when Khashoggi got assassinated in the Saudi consulate — Jamal Khashoggi. During that time, there was a lot of fear going on. There was a lot of news getting leaked of prisoners being tortured and being mistreated. During that time, my brother was disappeared for six months already, and the news I was receiving that my brother was being brutally tortured, that he might die from torture. And their brutality had reached to the point that they broke his hand and smashed his fingers, saying, "This is the hand you tweet with," or "This is the hand you write with." How did you find out about his injuries?There are several witnesses, and also it's confirmed by several human rights organizations that he was really abused in prison, and he was brutally tortured. So you yourself took to Twitter, the same platform your brother used, to express your outrage about the whole situation. What was the response there?Oh, I get threats all the time. I get threats of murder. I get threats of retaliation. As we're speaking right now, I've been receiving a lot of attacks and threats from Saudi-backed Twitter accounts, and some of them are, clearly, they are linked to the government.  You've been getting these as we've been speaking just now.Yes. What about the possibility of your traveling to Saudi Arabia to see your brother in prison? I mean, is that even on your mind? Unfortunately, I cannot travel to Saudi Arabia while MBS (Mohammed bin Salman) is actually in power. You can all imagine what would happen to me. They are already calling me a terrorist. They are calling me a traitor. They're calling me a spy and all sorts of crazy stuff. Just because I'm speaking up against the abuses to my brother and to many others in Saudi Arabia. This interview has been lightly edited and condensed for clarity.

Mark Sleboda, Moscow-based international relations security analyst, joins us to discuss the upcoming summit between Vladimir Putin and Joe Biden. The US media paints the meeting as a confrontation between enemies. Also, Ukraine President Vladimir Zelensky reeks of desperation as he begs NATO for clarification on membership for his broken nation. K. J. Noh, peace activist, writer, and teacher, joins us to discuss China. A G7 communique regarding China pushes for more confrontation, and argues that the group should unite to oppose China's economic growth. Also, China is refuting a report of a leak at the Taishan nuclear plant.Robert Fantina, journalist and Palestine activist, joins us to discuss Israel. Naftali Bennet was sworn in as the new prime minister as the long reign of Benjamin Netanyahu came to a screeching halt. Also, most observers argue that the names may change, but the policies will remain the same. Our hosts discuss how Benjamin Netanyahu was able to redefine opposition to Israel as anti-Semitism. Caleb Maupin, journalist and political analyst, joins us to discuss the growing relationship between Iran, Cuba, and Venezuela. The US is upset over Iran sending navy ships to the Atlantic, and has voiced opposition to the possibility of those ships docking in Cuba or Venezuela. Iran is claiming freedom of navigation rights, and has sent out a video of its navy ships on patrol in the Atlantic Ocean.Ray McGovern, former CIA analyst and co-founder of Veteran Intelligence for Sanity, joins us to discuss the US media's reaction to the Biden-Putin meeting. The media seems to be pushing for confrontation as we see numerous articles and editorials pushing for Biden to "get tough" on Putin. Also, a recent article posits that the Russian's have poisoned another person, but the body of the article presents no evidence for the assertion.Dan Lazare, investigative journalist, author of "America's Undeclared War," joins us to discuss Yemen. There is optimism that the brutal Saudi/US military and economic assault on Yemen may be relieved as Omani peace efforts seem to be bearing fruit. Also, we look at the UAE taking over an island off the coast of Yemen and what is behind this surprising move.Ted Rall, political cartoonist and syndicated columnist, joins us to discuss the dynamics around Ilhan Omar's criticism of the US empire. Once again, Representative Ilhan Omar (D-MN) has launched a valid criticism against the US empire. She was immediately met with harsh criticism, as the US media argued that she was equating the US with terrorists and Hamas argued that she was insulting them by comparing them with a brutal empire. Marvin Weinbaum, director for the Middle East Institute's Center for Pakistan and Afghanistan Studies, joins us to discuss Afghanistan. The US is again considering how to maintain control of the Afghan government and battlefield after they remove most military resources from the war-torn nation. Also, some Afghan officials are pushing for Turkey to be responsible for security at the main airport after the US withdrawal.

Dave DeCamp, News Editor at Antiwar.com, returns to Conflicts of Interest to discuss Biden's foreign policy through his first 100 days in office. As a candidate, Biden pledged to end the forever wars and scale back tensions with Iran. While he has reduced some US support for the Saudi-US war in Yemen, Biden has continued to provide Riyadh with the support needed to wage its lethal bombing campaign. In Afghanistan, Biden announced the withdrawal of US forces, though statements from administration officials reveal plans to continue the war through less transparent methods. On the campaign trail, Biden pledged to save his former boss's agreement with Iran. As president, he has dragged his feet and refused to undo Trump's disastrous policies. Biden has kept his pledge for an aggressive China policy, however, increasing hostile US war games in the South China Sea and American support for Taiwan. Dave warns this path could lead to war. LBRY Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash qp6gznu4xm97cj7j9vqepqxcfuctq2exvvqu7aamz6 Subscribe Star – Conflicts of Interest  YouTube – Conflicts of Interest Facebook – Conflicts of Interest Twitter – Conflicts of Interest Apple Podcast – Conflicts of Interest Support Our Sponsor Visit Paloma Verde and use code PEACE for 25% off our CBD

Dave DeCamp, News Editor at Antiwar.com, returns to Conflicts of Interest to discuss Biden's foreign policy through his first 100 days in office. As a candidate, Biden pledged to end the forever wars and scale back tensions with Iran. While he has reduced some US support for the Saudi-US war in Yemen, Biden has continued to provide Riyadh with the support needed to wage its lethal bombing campaign. In Afghanistan, Biden announced the withdrawal of US forces, though statements from administration officials reveal plans to continue the war through less transparent methods. On the campaign trail, Biden pledged to save his former boss's agreement with Iran. As president, he has dragged his feet and refused to undo Trump's disastrous policies. Biden has kept his pledge for an aggressive China policy, however, increasing hostile US war games in the South China Sea and American support for Taiwan. Dave warns this path could lead to war. LBRY Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash qp6gznu4xm97cj7j9vqepqxcfuctq2exvvqu7aamz6 Subscribe Star – Conflicts of Interest  YouTube – Conflicts of Interest Facebook – Conflicts of Interest Twitter – Conflicts of Interest Apple Podcast – Conflicts of Interest Support Our Sponsor Visit Paloma Verde and use code PEACE for 25% off our CBD

This week’s podcast focuses on the recently declassified U.S. intelligence report confirming that Saudi Crown Prince Mohammed bin Salman approved the killing of journalist Jamal Khashoggi. Eloise Scott, analyst for Middle East & North Africa, and Phil Riding, Lead Analyst for Middle East and Africa, join Director for Sibylline Americas Greg Hoobler, to discuss the implications of the report for Western and regional governments dealing with Saudi Arabia, as well as the outlook for Western business operations in the Kingdom.

We connect with New York City in this episode, where in the East Side of Manhattan is our guest, Dr. Bernard Haykel, Professor of Near Eastern Studies at Princeton University. So far in this podcast series we have restricted ourselves to the geography of Singapore and sitting down with our guests face to face. But it is high time to go remote, and that frees up geographical barriers and our guest pool considerably. We connect with New York City in this episode, where in the East Side of Manhattan is our guest, Dr. Bernard Haykel, Professor of Near Eastern Studies at Princeton University. Bernie recently published an article in Project Syndicate, provocatively titled “Saudi Arabia’s radical new oil strategy.” We begin by going over his theory that Saudi Arabia, under the stewardship of crown prince Mohammad Bin Salman, is done being the swing producer of oil, and with climate change and renewable energy in the horizon, may well want to pump in 20 coming years its entire oil reserves. We then contextualise this intriguing thesis with ongoing OPEC-plus negotiations and US involvement to cut back supply. Bernie elaborates on the state of Saudi-US relationship. The former buys a lot of US arms, supports US and Israeli foreign policy objectives of confronting Iran and supporting Egypt, while the latter has been fairly quiet through the Qatar blockade, the war in Yemen, the Khashoggi assassination, and even more shockingly, during this oil price war that is bound to hurt some states that form a core of Trump’s support base. Bernie explains to us what is binding the White House with MBS so tightly. The discussion then touches on the Saudi-UAE-Qatar conflict, Iran, Iraq, Israel, and Lebanon. We go over the political situation, impact of Covid-19, risk of financial crisis, regional armed conflict, and scenarios of détente. For anyone interested in oil markets and the middle-east, Prof Haykel’s insights will be invaluable.  See omnystudio.com/listener for privacy information.

This episode takes a look at the ongoing bloody civil war in Yemen, a war that has often been ignored by the media, and the Saudi-US relationship which has been, in part, fueling this conflict. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/nutshell-politics/support

Hurricane Michael has brutalized the Florida panhandle, and journalist Jamal Khashoggi disappeared after entering a Saudi consulate in Turkey. In the midst of these crises, the President is focused on campaigning. We discuss the news and his USA Today op-ed about American healthcare and the partisan divide. That discussion leads us into a deep dive about the practicality of changing the structure of our national healthcare. Recommended Resources: Hurricane Michael Death TollMissing writer shows Saudi Arabia’s dark side Khashoggi mystery exposes rift between U.S. allies Turkey, Saudi Arabia Donald Trump Lands in Saudi Arabia on First Overseas Visit of Presidency Trump reluctant to cut off arms sales to Saudis in response to Khashoggi's disappearance Donald Trump's USA Today op-ed Fact-checking President Trump’s USA Today op-ed on ‘Medicare-for-All’If you're new to Pantsuit Politics, we recommend checking out these past episodes to get a taste of who we are and what we do: Kavanaugh Weariness, Tax Fraud, and Georgia Politics (October 2018)Our 9/11 series (Parts One, Two, Three, Four, and our Memorial special) The WHCA Dinner, a #MeToo Moment, and Faith and Politics with Jen Hatmaker (May 2018) Feminism and the Pro-Life Movement with Claire Swinarski (March 2018)

In today's episode, Marc once again welcomes back the liberty movement's foremost expert on foreign policy, Scott Horton! Scott breaks down the Saudi/US war on Yemen - why and how it began, the terrible humanitarian crisis that has resulted, and what we can do to see it end. Share this show far and wide with your friends, family and circles of influence to spread awareness of the horrific crimes occurring in Yemen.  PLUS, stay tuned to the end of the show for details on the Lions of Liberty 5th Anniversary show  - how you can listen to the show before anyone else, and how you can secure a discounted or even FREE special edition 5 year anniversary T-shirt! For show notes head to LionsOfLiberty.com/365 Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode, Marc once again welcomes back the liberty movement's foremost expert on foreign policy, Scott Horton! Scott breaks down the Saudi/US war on Yemen - why and how it began, the terrible humanitarian crisis that has resulted, and what we can do to see it end. Share this show far and wide with your friends, family and circles of influence to spread awareness of the horrific crimes occurring in Yemen.  PLUS, stay tuned to the end of the show for details on the Lions of Liberty 5th Anniversary show  - how you can listen to the show before anyone else, and how you can secure a discounted or even FREE special edition 5 year anniversary T-shirt! For show notes head to LionsOfLiberty.com/365

A fifth woman has accused GOP Alabama Senate candidate Roy Moore of sexual misconduct, leading several top Republicans including Majority Leader Mitch McConnell (R-KY) to urge him to step aside. Other Republicans have defended him, raising questions about the GOP unity less than a year before the critical midterm elections. Meanwhile, acrimony between the progressive and corporate wings of the Democratic Party flare, even during celebrations of their sweeping victories last week. What do these divisions say about the two party system? Text: On this episode of "Fault Lines," hosts Garland Nixon and Lee Stranahan discuss the discord within the Democratic and Republican parties. Process rigging, defending questionable conduct, infighting, and similar conflicts demonstrate flaws in the two party system. Garland and Lee will also discuss the mainstream media's continuing efforts to suppress viewpoints that challenge the establishment narrative. The hosts and guests will analyze top news stories and issues including the Saudi-US war in Yemen; healthcare as a human right; the conflicts between corporate and progressive Democrats; and other major news items. Scheduled guests include: Andrea Miller executive director of People Demanding Action, former candidate for Congress - topic: Virginia elections & Democratic Party; Kurt Bateman health policy expert, former UAW worker in Ohio - topic: working people's support for progressive policies; Darlene Brown CEO DivineEmpowerment.org pep talk for Tuesday; George Ripley Founder of "Focus on Democracy" - topic: personally questioning Tom Perez re: rigged primaries; Congress person Alan Grayson on the Democratic Party after DNC shuffle & Donna Brazile book; Matthew Tyrmand - Journalist active in both the US and Poland - topic: Media Coverage of the Polish Independence Day March.

The A-Team of Syria commentators is assembled and ready for duty. Joining me this week for a 3-part interview on the Syria conflict, its history, its context and our response to recent events are Rania Khalek and Ben Norton. Rania is an independent journalist and co-host of the Unauthorized Disclosure Podcast. Ben is a staff writer for Alternet, a former columnist at Salon and an incredibly knowledgeable guy on Middle East Affairs. In Part 1, we cover the history of the so-called Arab Spring, the history of the Saudi-US relationship, and the nature of Sunni supremacism stemming from the far right, reactionary and downright fascist Salafist movement.

A lecture by Juan R.I Cole, Dept. of History, University of Michigan

Can you feel it? Can you See it? Our world continues its precipitous downward slide into increasing chaos and madness. ISIS is exposed, once and for all, as a proxy tool of Saudi/US warmongers in Yemen. Nepal is hit by a devastating earthquake that kills thousands in Kathmandu, and Chile's Calbuco erupts, as the 'West' celebrates the 100th anniversary of the deliberately planned slaughter of 140,000 allied soldiers in the battle of Gallipoli in 1915. 250,000 turkish soldiers also died, but...

Can you feel it? Can you See it? Our world continues its precipitous downward slide into increasing chaos and madness. ISIS is exposed, once and for all, as a proxy tool of Saudi/US warmongers in Yemen. Nepal is hit by a devastating earthquake that kills thousands in Kathmandu, and Chile's Calbuco erupts, as the 'West' celebrates the 100th anniversary of the deliberately planned slaughter of 140,000 allied soldiers in the battle of Gallipoli in 1915. 250,000 turkish soldiers also died, but...

Can you feel it? Can you See it? Our world continues its precipitous downward slide into increasing chaos and madness. ISIS is exposed, once and for all, as a proxy tool of Saudi/US warmongers in Yemen. Nepal is hit by a devastating earthquake that kills thousands in Kathmandu, and Chile's Calbuco erupts, as the 'West' celebrates the 100th anniversary of the deliberately planned slaughter of 140,000 allied soldiers in the battle of Gallipoli in 1915. 250,000 turkish soldiers also died, but...