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AI is becoming a central pillar of geopolitical strategy, as highlighted by a series of landmark AI deals announced during a major US-Saudi investor summit. With participation from leaders like Elon Musk, Sam Altman, and Jensen Huang, Saudi Arabia is poised to build out significant AI infrastructure. Get Ad Free AI Daily Brief: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://patreon.com/AIDailyBrief⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Brought to you by:KPMG – Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kpmg.com/ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about how KPMG can help you drive value with our AI solutions.Blitzy.com - Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://blitzy.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to build enterprise software in days, not months Vertice Labs - Check out ⁠⁠⁠⁠http://verticelabs.io/⁠⁠⁠⁠ - the AI-native digital consulting firm specializing in product development and AI agents for small to medium-sized businesses.The Agent Readiness Audit from Superintelligent - Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://besuper.ai/ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠to request your company's agent readiness score.The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614Subscribe to the newsletter: https://aidailybrief.beehiiv.com/Join our Discord: https://bit.ly/aibreakdownInterested in sponsoring the show? nlw@breakdown.network

US-Saudi investment, judge indicted for obstruction, six illegals arrested, and Pete Rose's ban lifted. Plus, the Message of the Day, why Democrats are stuck in a time warp. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube

White House economic adviser Hassett said the administration has more than 20-25 deals on the table with deals close to being finalised and when President Trump returns, he will announce the next deal, according to a Fox interview.US President Trump said his relationship with China is good and he could see himself dealing with Chinese President Xi on a deal, according to a Fox News interview.US President Trump said the market will go higher and it is amazing what a climbing market will do.APAC stocks traded somewhat mixed but with the region predominantly in the green following the momentum from the constructive performance on Wall St.European equity futures indicate a lower cash market open with Euro Stoxx 50 futures down 0.2% after the cash market closed with gains of 0.4% on Tuesday.Looking ahead, highlights include German/Spanish CPI (Final), OPEC MOMR, Speakers include BoE's Breeden, ECB's Cipollone, Fed's Waller, Jefferson & Daly, Supply from UK & Germany, Earnings from Cisco Systems, CoreWeave, Alcon, Imperial Brands, Burberry, Daimler Truck, Brenntag & Por.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

President Trump lifting sanctions on Syria, a US-Saudi arms deal, US-Ukraine mineral exploitation, Australian wage growth, adjustments to US-China tariffs, a new Singapore online bookstore by local booksellers. Synopsis: A round up of global headlines to start your day by The Business Times. Written by: Howie Lim / Claressa Monteiro (claremb@sph.com.sg) Produced and edited by: Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.

Today, we're looking at a cyber attack on Marks and Spencer, which started three weeks ago.The retailer said today that some personal customer information has been taken. To understand what has been going on, James speaks to Joe Tidy, BBC's cyber correspondent, and to Ciaran Martin, the founding Chief Executive of the National Cyber Security Centre.Also, Donald Trump gave a speech in Riyadh where he announced the US-Saudi bond is ‘more powerful than ever'. They've signed a $142 billion arms deal. Sarah Smith, North America editor and Americast is there to talk the trip through.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://discord.gg/m3YPUGv9New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by James Cook. It was made by Chris Flynn with Julia Webster and Shiler Mahmoudi. The technical producer was James Piper. The assistant editor is Chris Gray. The editor is Sam Bonham.

Broadcasting from the sun-soaked Valley of the Sun, Scott Hennen brings you a packed Tuesday edition of What's On Your Mind. From Arizona heat to the hot-button issues back in Fargo, this episode dives into local leadership, national politics, and global diplomacy — all in one ride. Scott kicks off with a personal reflection on the Arizona “warm blanket” heat and pivots into market chatter, Fox News buzz, and a preview of a blockbuster upcoming event: Brian Kilmeade and Jimmy Failla coming to Fargo! At the heart of the episode is a powerful conversation with Fargo City Commissioner Michelle Turnberg. They explore Fargo's new city-wide camping ban, her firsthand experience with the homeless community, and her advocacy for compassionate, long-term solutions. Also on the docket: the Trump administration's expanding agenda, including a speech in Saudi Arabia highlighting booming US investment and job growth. Scott and Kev debate taxes, debt, and whether billionaires should pay more. Heated takes included. Don't miss the announcement of the June 24th Freedom Matters USA event with Brian Kilmeade and Jimmy Failla — a can't-miss night for talk radio fans! ⏱️ Standout Moments with Timestamps: [00:02:15] – “It's a dry heat!” — Scott waxes poetic (and comedic) about Arizona's climate vs. Fargo winters. [00:08:40] – Markets, Trump & Hannity on Air Force One — The hosts react to rising stocks and a bucket-list interview. [00:14:30] – Michelle Turnberg joins the show — Fargo's city-wide camping ban, public safety, and turning frustration into forward action. [00:27:45] – A homeless veteran's comeback story — Turnberg's powerful personal connection to Fargo's unhoused population. [00:38:10] – Trump's Saudi speech preview & Freedom Matters USA plug — Kilmeade and Failla's Fargo takeover announced. [00:52:20] – Caller Jim from Park Rapids ignites a fiery debate — Should billionaires pay more taxes? Scott and Kev take sides. [01:12:30] – Trump's full speech from Riyadh — Economic optimism, border security stats, and US-Saudi cooperation. [01:19:00] – Rural healthcare expansion with Sanford Health's Jake Mellmer — A hopeful closer on better access across North Dakota.

In tonight’s podcast, we discuss how Saudi Arabia is set to host a Gulf-US summit in mid-May during Trump's Mideast visit and the speculation swirling regarding a major announcement on a Palestinian state and peaceful US-Saudi nuclear cooperation. If this comes to fruition, it could spell major trouble for America. 


Hanaa and Lucien catch up and read some feedback on recent episodes to kick off Episode 52, in a rare moment in which both are recording the episode from their homes in the UK and US, respectively. Then, Lucien leads a DEEPDIVE into the Vision 2030 report for 2024, released this week. Over the past year, several Vision 2030 targets have been reached ahead of schedule. Others have been exceeded entirely. Progress includes achievements in tourism, employment, and PIF's gains, but the report also addresses areas needing improvement like FDI. Lucien makes the point that, data and findings aside, the report itself is valuable - it's a genuine effort to prioritize accountability and transparency by Saudi authorities to ensure that progress continues forward.    The hosts conclude as always with a round up of the latest news on Saudi Arabia, including a rave review of the 1001 Festival by MDLBEAST, Saudi Arabia and Qatar agreed to Pay Off Syria's debt to the World Bank, a fresh US-Saudi push to cooperate on developing a nuclear program in the kingdom, and (another) large US private equity plans to set up shop in Saudi Arabia this year.

Subscribe now for an ad-free experience and much more content! One last news roundup without Derek, but Danny and Alex Jordan of the Quincy Institute are on the case! This week: the RSF announces plans to form a parallel government in Sudan (1:33); US-Iran nuclear negotiations continue in Oman (7:21); the US and Saudi Arabia discuss giving the Kingdom access to nuclear technology (14:19); the Trump trade war continues despite him dialing back certain tariffs (18:40); Xi Jinping tours Southeast Asia (22:44); President Nayib Bukele of El Salvador visits the White House amid the controversy of Kilmar Ábrego García's deportation (27:15); ICE is ramping up the arrest of pro-Palestine voices in the US (31:14); center-right candidate Daniel Noboa wins the presidential election in Ecuador (32:56); American envoy Steve Witkoff says a peace deal between Ukraine and Russia is imminent (34:36) and President Vladimir Zelenskyy appears on 60 Minutes (40:42); and the Israeli government announces that it will escalate its attack on Gaza (43:13).  Danny then speaks with Afeef Nessouli, a volunteer currently in Gaza working with Glia, a medical organization that “empowers low-resource ​communities to build sustainable, locally-driven healthcare projects.” Please consider donating to Glia to help Afeef and Palestinians doing medical work in Gaza. Afeef also works with Shabab Gaza, a local project that provides food for victims of the genocide. You can donate if you DM them @shababgaza1 on Instagram. If you'd like to follow Afeef please check out his Instagram handle @afeefness, where he's been sharing his experiences in Gaza. And catch Alex Jordan on X/Twitter @alexjordanatl and on the Quincy Institute's upcoming YouTube program “Always at War," which he will co-host with Courtney Rawlings. Learn more about your ad choices. Visit megaphone.fm/adchoices

One last news roundup without Derek, but Danny and Alex Jordan of the Quincy Institute are on the case!This week: the RSF announces plans to form a parallel government in Sudan (1:33); US-Iran nuclear negotiations continue in Oman (7:21); the US and Saudi Arabia discuss giving the Kingdom access to nuclear technology (14:19); the Trump trade war continues despite him dialing back certain tariffs (18:40); Xi Jinping tours Southeast Asia (22:44); President Nayib Bukele of El Salvador visits the White House amid the controversy of Kilmar Ábrego García's deportation (27:15); ICE is ramping up the arrest of pro-Palestine voices in the US (31:14); center-right candidate Daniel Noboa wins the presidential election in Ecuador (32:56); American envoy Steve Witkoff says a peace deal between Ukraine and Russia is imminent (34:36) and President Vladimir Zelenskyy appears on 60 Minutes (40:42); and the Israeli government announces that it will escalate its attack on Gaza (43:13). Danny then speaks with Afeef Nessouli, a volunteer currently in Gaza working with Glia, a medical organization that “empowers low-resource communities to build sustainable, locally-driven healthcare projects.”Please consider donating to Glia to help Afeef and Palestinians doing medical work in Gaza. Afeef also works with Shabab Gaza, a local project that provides food and sometimes produce for victims of the genocide. I have personally backed boxes of rice for families. You can donate if you DM them @shababgaza1 on Instagram.And Catch Alex Jordan on X/Twitter @alexjordanatl and on the Quincy Institute's upcoming YouTube program “Always at War,  which he will co-host with Courtney Rawlings.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

HEADLINES:- Step Dubai Conference | Dubai Internet City- Trump Applauds Saudi Arabia at FII PRIORITY Summit in Miami- Putin Calls for Russia-US-Saudi Energy Talks Amid Global Market Shifts

It's been just over two weeks since the American electorate made their voices heard, with Donald Trump securing a commanding victory in the presidential race. On this episode of Frankly Speaking we hear from former Senior CIA Operations Officer and Middle East expert Norman Roule to break down what this means for the future of US foreign policy. Can President-Elect Trump deliver on his promises to swiftly end the wars in Ukraine and Gaza? What will his victory mean for the crisis in Gaza and the future of US-Saudi relations? And how will his approach to the Middle East reshape America's role on the global stage?

For the past two weeks, after Hezbollah rockets struck a Golan Heights town and Israel forces retaliated with strikes on targets in Beirut and Tehran, the world is bracing for further violence in the Middle East, fearing the conflict will escalate into a regional war. Meanwhile, the Biden Administration presses for a cease-fire agreement in Gaza. Hoover Institution fellow Cole Bunzel, who studies history and contemporary affairs of the Islamic Middle East, makes sense of Iran's retaliatory timeline, discusses Israel's options both militarily and diplomatically, and notes that a lame-duck American president (again) is trying to broker a Middle East peace arrangement amidst an election year; plus the prospects of a “mega” deal involving a US-Saudi bilateral treaty, Saudi-Israeli normalization, and possibly a road to Palestinian statehood.

Israeli Prime Minister Netanyahu visited the US to buoy support for its genocidal Gaza attacks; Russian President Putin met with his Syrian counterpart al-Assad; and the White House Approved a Nearly $3 Billion Weapons Sale to Saudi Arabia.

24th July: Crypto & Coffee at 8

Israel's right to self-defense and security, governance in Gaza, the Iranian regime and its network of terror, the Jewish state's relationship with Arab countries in the Gulf, and much more were among the topics of discussion at an AJC-convened panel discussion at the 2024 Republican National Convention in Milwaukee. Listen to an excerpt of the panel, moderated by AJC's Chief Policy Officer and the head of AJC's Center for a New Middle East, Jason Isaacson, along with policy experts Dr. Ken Weinstein, Kirsten Fontenrose, and Rich Goldberg. *The views and opinions expressed by guests do not necessarily reflect the views or position of AJC. AJC is a nonpartisan, 501(c)3 nonprofit organization. AJC does not endorse or oppose political parties or candidates. Episode Lineup:  (0:40) Jason Isaacson, Ken Weinstein, Kirsten Fontenrose, Rich Goldberg Show Notes: Watch: Israel and the Path to Peace - AJC at the Republican National Convention Listen – People of the Pod: Europe at the Ballot Box: Insights and Impact on Jewish Communities and Beyond Follow People of the Pod on your favorite podcast app, and learn more at AJC.org/PeopleofthePod You can reach us at: peopleofthepod@ajc.org If you've appreciated this episode, please be sure to tell your friends, and rate and review us on Apple Podcasts. Transcript of Panel with Jason Isaacson, Ken Weinstein, Kirsten Fontenrose, and Rich Goldberg: Manya Brachear Pashman:  America's political parties are kicking off the 2024 convention season, starting this week with the Republican National Convention in Milwaukee. AJC was on the sidelines of the RNC, with a live program titled Israel and the Path to Peace, moderated by AJC's chief policy officer, Jason Isaacson. Jason is also the head of AJC's recently launched Center for A New Middle East.  Joining Jason was Dr. Ken Weinstein, former longtime CEO of the Hudson Institute and the Walter P. Stern Distinguished Fellow at Hudson;  Kirsten Fontenrose, the President of Red Six Solutions and Senior Director of Gulf Affairs in the National Security Council under President Trump; and Rich Goldberg, Senior Adviser at the Foundation for Defense of Democracies and Director of Countering Iranian Weapons of Mass Destruction for the National Security Council, under President Trump.  Just a reminder: AJC is a 501(c)3 nonpartisan organization and neither supports nor opposes candidates for elective office. A similar program will be offered at the Democratic National Convention in Chicago later this summer. Now onto today's episode: an excerpt from AJC's convention program. Jason Isaacson:   Let me begin by reading to you a couple of passages from the Republican platform, which was adopted yesterday at the Republican National Convention. This is what it said about Israel. Quote, We will stand with Israel and seek peace in the Middle East, we will rebuild our alliance network in the region to ensure a future of peace, stability and prosperity. And then there was, as you may recall, for the Republican platform, his list of 20 promises. And it's described as 20 promises that we will accomplish very quickly when we win the White House and Republican majorities in the House and Senate.  And number eight, on that list of 20 promises is the following, quote: restore peace in Europe and in the Middle East. So let's drill down with our panelists on those two statements in January 2025. That's more than six months away. It may be that the Israel Hamas war will be won over by them, and perhaps whatever conflict is so close to boiling over between Israel and Hezbollah, that that might not any longer be the case, might have boiled over, might be a thing of the past.  But let's say for the sake of argument, that hostilities are in fact, continuing, and let's assume that the Republican Party is victorious this fall. What are you expecting the Trump administration to do to, quote restore peace in the Middle East and to accomplish that, quote, very quickly. And let me begin Kirsten, with you. Kirsten Fontenrose:   Great, thanks so much for having us. All of us like to nerd out about these kinds of topics all the time when we're just grateful that there are other people who are as interested. What I expect to see in America is a revived peace plan. So you all remember the deal of the century, the vision for peace, we will see that come back. If there's a second Trump administration. Not in isolation, it will be part of a larger context.  That will also include assurances about Israel security and governance for Gaza and the like. Why have we not seen this yet? Because no one's asked the Trump team. But that will come back and you will see that. There's an expectation, whether it's naive or not, which we'll see, that there will be a greater receptiveness among the Palestinian population for an economic plan that offers improvements in livelihood after this conflict.  If there is a marginalized Hamas, there'll be more movement in this space for reviving these kinds of ideas. So we will definitely see a revived peace plan, you won't see less attention on this issue, you'll see very top level attention on the issue. You're also going to see, I think gloves off with the Houthis in the Red Sea. The US military has been very careful to make sure that all of our strikes so far had been from a defensive perspective. But you will see, I believe, because the world has not criticized any of these strikes, I think you're gonna see more latitude there. More room for movement for preemptive striking, for instance, because the perception is that for the whole world, this shipping interception problem is just out of hand. So I think we'll see more latitude there. And we'll see gloves come off a bit there.  And then I think you're gonna see some tough talk, frankly, with Prime Minister Netanyahu. President Trump has watched the US be yanked around a bit by the current Israeli government.  And I think you're going to see less tolerance for that recognition that Israel is a sovereign country, but more of an attempt to say the US is the superpower here, and we will be leading the ideas from hence. If we're expected to play a role, we will be leading in that role. What you will see, however, will be interesting to watch as there is division among Trump advisors about a two state solution. So you'll see that be debated out. Jason Isaacson:   Thank you for that. Ken, let me ask you, restoring peace in the Middle East and Europe and doing it very quickly, you've had a very broad focus on a whole range of foreign policy issues at the Hudson Institute and before and since. Tell me how you see that playing out under a second Trump administration? Ken Weinstein:   I'd say first of all, I think President Trump came to the conclusion early on, in his first term, he came in remember, talking about the deal of the century with you know, this peace agreement, he was booed at the Republican Jewish Committees event when he was a candidate.  And he quickly came into office and understood he could not trust Mahmoud Abbas, because of the incitement to terror by the Palestinian Authority and the tensions that were given out, and the pay for slay efforts that the Palestinian Authority has. Whereby people who kill Jews, kill Americans, were getting Palestinian Authority pensions in prisons, for their families and the like.  And so, Trump quickly came to understand that the challenge in the peace process wasn't bringing Israel and the Palestinians together, it was that the peace process itself was misconstrued. The peace process was being used by Middle Eastern governments, in particular, the Iranians, but also the Palestinians as a means to put leverage on Israel, exercise leverage on Israel, by a bunch of people who wanted to see the end of Israel's existence. And Trump quickly reversed that equation.  He understood that the best way to move forward was to remove items from the table such as moving the embassy to Jerusalem, which didn't have any of the backlash that John Kerry and others predicted would happen. And he quickly understood the best way to move things forward was to put pressure on the Palestinians.  Trump's a real estate guy. And so he understands leverage, he understands how to put pressure forth, and how to deter. I think we're going to see much more of that moving forward. We're not going to have a vice president of the United States who's going to get up and say, the Israelis can't evacuate Rafah, it's going to lead to 10s of 1000s of deaths.  And here I actually disagree slightly, I think Trump will actually give the Israelis the latitude they need to finish the mission, which is to destroy Hamas, and eventually bring about a transformation in Gaza, with the assistance of the Saudis. Who were absolutely critical in de-radicalizing Gaza, they have done it successfully themselves, as has the UAE. And so I think we're going to look much more at a regional approach on these issues. Obviously, Iran is going to be, to borrow a term from Joe Biden, President Biden, in the crosshairs of the Trump administration, as they were before. You're gonna see massive sanctions again, we're gonna get them, we're gonna enforce those sanctions. And Rich can talk to this stuff far more deeply than I ever could.  And you're gonna have the Iranians on the run so that they don't feel that they can work with Hamas or work with Hezbollah, to do more damage to Israel. And already we're seeing a deterrent effect on the Northern Front. And also with regard to Hamas.  Because with regard to Hamas, we see that the fear of a Trump administration is leading to a greater willingness to negotiate with Israel. And on the northern front, I think it's less likely that the Israelis will take dramatic action before the US election, knowing that they will not be reined in by an administration that is somehow searching for a delusion of peace with Hezbollah and with Lebanon. Jason Isaacson:   What about peace in Europe? Is is that something that you see, that you can envision under a Trump administration? Ken Weinstein:   First, let me say something with regard to Europe and the Middle East. I think that the Trump administration, the Trump team has been infuriated by this notion of enforcing this ridiculous ICC policy with regard to Israel and those who threatened to arrest Netanyahu. I think you're going to see in places particularly, I can just think of the kinds of actions they'll take in Germany.  I think you can expect individual sanctions on the people who were behind Nord Stream as a sign to not dare mess with Netanyahu, period. And you'll see other actions like that. I know the Spanish ambassadors here with regard to Spain with that we will be taking numbers, as Nikki Haley did so effectively at the UN, and as the Biden team does not.  So with regard to Europe. Look, I think the situation with regard to Ukraine, as President Trump understands it, I think, Trump, you have to understand he comes to this. He's not a policy person. He thinks that policy people like the three of us, four us up here, we lack creativity, we have a sense the policy options run from the letter L or P to the letter Q or R. And in fact, for Trump, they run from A to Z. And so that meant fire and fury in Pyongyang, but it meant eventually potentially beachfront condominiums in North Korea and an economic vitality to North Korea, if it gave up its nuclear program. With regard to Iran, it was maximum pressure, but it was the new Iran deal that got rid of the nuclear program that got rid of the missile program that got rid of regional activities, and that internally reshaped Iran, and led to a new relationship with Iran, with not only the region but the rest of the world. And with China, it was massive tariffs on China, but a new trade deal in the phase one that was gonna get rid of intellectual property stuff, which was at the core of what President Trump saw correctly as the engine of the Chinese economy, and the engine of the China 2025 program. So I'd say with regard to Ukraine, the President is looking at options that will, as he himself has said, he would tell the, you know, the Ukrainians on day one, you've got to, you know, we've got to end the fighting, you would tell Putin, if you don't end the fighting, we're gonna arm the shit out of Ukraine, pardon my French, as he said something along those lines. And I think what we'll see at the end of the day, is a massive program to guarantee Ukrainian security, that is going to take massive security guarantees. But the Europeans are going to have to step up and step up in a very serious way. And we've seen since the announcement of the JD Vance nomination are ready to reaction in Europe, the Europeans, you know, have to understand they're not gonna be able to backchannel they're not going to be able to figure out some way out of this. They're gonna have to be big providers of security guarantees, we will do the same for the Ukrainians as well, but Europe has to take up a big portion of it. And Trump does not, he is not Joe Biden, he's not going to cut and run, as in Afghanistan, he doesn't want to be humiliated on the stage, he understands deterrence, he's going to send a very clear signal to the Russians, as he did to the Taliban. When they were talking about when they were negotiating with the Taliban, Trump was on a video call once with the Taliban leader, and said, I want to make this very clear, you're not to strike at any of our people. And if you do, and hit the button on Play, and he showed a video of I think, the Taliban leader's kid leaving their house to say we're watching you every moment, and we will take care of you. And  there'll be some kind of a version of that with regard to Putin, that's going to be very clear. He was very blunt with Putin behind closed doors, from the White House in particular. And I think there was a good reason why Putin didn't go into Ukraine during Trump's term. And so I think that there's going to be some kind of a square in the circle solution that's going to have to come together. And I've been telling European foreign and defense ministers for the last few months, think about this now, how to do it, how to implement it.  Jason Isaacson:   Ken, thank you so much. Rich, let me turn to you. We've been talking about Iran, and you are an expert on Iran. It happened for years. I didn't see a reference to Iran and the Republican platform. But of course, we know, former President Trump's record on Iran. And Ken has been talking about that. Should he return to the White House next January, what do you foresee on this front to return to maximum pressure, or something more kinetic? And what is your sense of our regional strategic partners priorities? Are our friends in the Gulf hoping for a decisive showdown with Iran? Or are they sufficiently risk averse that they prefer a less confrontational approach? What do you think? Rich Goldberg:   I think if you look at the top lines, right, and you compare the policy, the recipe, if you will, under the Trump administration: maximum pressure on Iran, maximum support for Israel gets you peace, gets you deterrence. And when you flip the narrative and you go to maximum deference to Iran and pressure on Israel, you get conflict in the Middle East. It's not disconnected from what Ken's just talking about in other regions of the world as well, whether in Europe, whether you're in the Indo-Pacific. This comes down to the ability to restore American deterrence. And then you have options. There are a lot of genies that are out of the bottle due to the last three and a half years. Iran today and its nuclear program is at the one yard line of nuclear weapons thresholds. They were not there four years ago. In fact, after the killing of Soleimani, in early 2020, the rest of the year the Iranians never escalated the nuclear program again. They waited until January of 2021. And that's when they started jumping to 20% high enriched uranium. And then they saw nothing's happening to us. So they went to 60% high enriched uranium. They started installing all the advanced centrifuges, they've advanced, so far accelerated to this incredible capacity to produce a dozen nuclear weapons in just a couple of months if they so chose. Plus Intel now coming in that the administration is trying to downplay work on weaponization. There's a lot of genies out of the bottle here that Donald Trump's going to have to try to put back into the bottle.  And that will not be easy. But the formula remains correct. Restore deterrence, have maximum pressure and isolation on the Iranian regime and provide support to your allies. Now, the Gulf Arabs, by the way, the Saudis, the Emiratis, they've made some strategic decisions due to the policies that they saw, sustained by Joe Biden. They've cut deals with the Iranians and sort of cut their own JCPOA. with Iran with the Houthis. I'm not sure they're going to be on board for what's coming next. And they need to make some preparations for the return of a Trump administration and hawkishness towards Tehran and understand that we also won't tolerate them hedging with the Chinese. Now, that comes from the fact that America is hedging on them.  And so there's going to be a lot of parts that have to come together like a puzzle, to try to put Humpty Dumpty back together again, actual restored turns and regain that peace through strength in the region. This is true in the Middle East. It's true in Europe, and it's true in the Indo Pacific. So what is deterrence? I think that's a major question. What is deterrence? Made up of two big things, capacity and will. Joe Biden and Donald Trump both have capacity. They were the commander in chief at some point of the most powerful military on Earth. Nobody doubts that you have capacity when you are the president of the United States. But our enemies do doubt the will. And they test the will early on.  Every single administration gets tested, whether it's China, whether it's Putin, whether it's Iran, they get tested. At some point, Donald Trump got tested by the Iranians and Soleimani is dead. And that changed a lot of things in the world. And over the course of time, the unpredictability, the some of the craziness of the media went hysterical over the red button with Kim Jong Un did get the attention of people like Vladimir Putin. The Taliban tested Joe Biden, and he failed the test. And Kabul fell. And then Ukraine was invaded. And then now in China, they're expanding and starting to harass and actually attack in some ways, the Philippines and Taiwan.  And what are we seeing? Nothing. So, the minute Donald Trump becomes president, when I hear Trump say, just my election is going to start bringing about a change on the Ukraine front, a change in the world. You might have laughed at that.  I think after Saturday, you're not laughing anymore. A picture that if you're Xi Jinping, the Ayatollah, Putin, Kim Jong Un, looking at that on your desk every day of Donald Trump with his fist in the air blood dripping, right after being shot, saying fight. You're not questioning will. And that will be, I think, the big game changer.  Now, they might still test it. And there's a Chinese proverb, which is, you have to kill the chicken to scare the monkey. And I think President Trump might have to kill a chicken. He'd have to pick the chicken wisely. I think it might be the Houthis. That makes no sense to me. There is a national interest, there's a strategic importance to it. And it will game change how you're trying to get the Gulf Arabs back on side, see that we are committed to the security in the Gulf in the broader Middle East, it will send a major signal to Tehran, and it'll be part of that pivot back to maximum pressure on Iran and maximum support for Israel.  Jason Isaacson:   Rich, thank you. But before I turn back to the Abraham Accords, let me ask you, what's your sense of the Saudi and UAE and Bahraini overtures to Iran? Are they just seeking some kind of stability, some kind of channel, but it doesn't have a whole lot of meaning, or what's your sense and how should the US respond? Rich? Rich Goldberg:   I think there is meaning to it. I think that Mohammed bin Salman, the Crown Prince in Saudi Arabia has changed his strategic calculus over the last three years. I think that there was a game changing moment for him when the Houthis were raining down missiles, next to a Formula One race he was hosting out in Jeddah. And you're talking about major investors, world leaders, important people all driving into a race course already there. And you're seeing a ballistic missile explode within your line of sight. And the United States does nothing.  And then Abu Dhabi comes under attack by the Houthis, and the United States does nothing. And they're saying, Wow, they're just at the table trying to give the Iranians whatever they can, they've taken the Houthis off the terror list. They're not defending us anymore. They've pulled the missile defense augmentation that Trump put in, in 2019-2020. And they're still trying to get this nuclear deal done.  What are we doing here? Why are we just waiting around for Godot? Why are we exposed? We should cut a deal here. And why if the United States can hedge on us, can't we hedge on them, and they start cozying up to the Chinese and doing things that we probably don't like very much I need to put an end to. So I think it's very real. These channels are real. They're in a hedge. I think it's taken a while for others that are far more suspicious of Iran, like Bahrain to get on board this strategy. But everybody sort of signed up to this. There's a normalization process with Assad that I think is partially connected to it as well. All of that's going to have to change. You have Donald Trump is back in office. And I don't know that they appreciate that very much. Jason Isaacson:   There's also a recollection of the Trump administration in this reaction or non reaction to this Iranian attack on Saudi Aramco facilities. So it's been a mixed bag. But But first, let me let me let me turn back to you. And we were talking about the Abraham accords before. That was a great foreign policy access success of the last months of the Trump administration, first of the UAE, then Bahrain and then with different terminology, but Morocco and Sudan. As you know, the Biden administration has been vigorously pursuing an effort to normalize Saudi relations with Israel, and objective that was also very much a part of the Trump administration's vision. What are your perspectives on the likelihood of that kind of a deal being closed in the last months of the current Biden administration, if they do move forward on such a deal with the Republicans getting the Senate joined with Democrats in the Senate to support such a deal before the election? Or perhaps in a lame duck session after the election?   Kirsten Fontenrose:   Well that's the big question. So I think if you have a deal that includes normalization with Israel, Saudi us still includes normalization with Israel, it has a shot of getting through, but the closer we get to the election, the smaller that shot gets, because the more Republicans Congress will want to hold out to grant that foreign policy when to potential Republican administration.  But if you have a deal that is being discussed now, as a Plan B, that is just a US-Saudi deal, without normalization. And this is because of the Israeli government's decision, perhaps not to grant that the Saudis are fully on board, you won't get it through, there's just not enough in it. For the US. There are lots of questions about why we'd be granting Saudi assistance with civilian nuclear technology. And a security guarantee, when we're not really getting much out of it. There's nothing in this deal in terms of concrete asks on the relationship with China. And we can really go quite far in blocking Chinese influence in the Gulf by just improving our own foreign military sales process. We don't need to grant security guarantees, the Israeli Saudi relationship is so close right now. It's normalization and everything but public statement and name and that public statement name is important for the follow on effects you have around the world globally and with other Muslim populations.  But in terms of their coordination, they're in a pretty good place. So we're not in some sort of crisis rush to make sure this happens in the next few months, unless you're the Biden team. And you're desperate for a foreign policy win, because your promises on other foreign policy fronts have not borne out.  So I think you will still see this continue, though we have doubled down on the Saudi discussion, if there is a second Trump administration. But you will not see this granting of a deal to Saudi Arabia, even though they are a phenomenal partner. And we are quite close, without more concrete asks that benefit U.S. goals as well. It's not the opinion that just having Saudi on side with nothing we've actually signed them up to, would they grant overflight rights, if things came down with Iran.  We need to make those more specific before we would do something that would require commitment of troops, large resources, equipment, perhaps to the detriment of other partners, we would be able to send those same troops and equipment. So I don't think we're going to see it in the last months of this administration. Manya Brachear Pashman: To hear the rest of the panel, head to the link in our show notes. Another reminder that AJC is a nonpartisan organization and will be at the DNC next month in Chicago. We hope to see some of you there.  Next week on People of the Pod, tune in for our sit down with two Jewish Olympians before they head to Paris for the Summer Olympic Games.

Jeffrey and Brian faced technical difficulties while streaming their show on Facebook and eventually switched to YouTube. They discussed a range of topics including the expiration of the 1974 US-Saudi deal, the progress of the Herbert Hampton Roads Bridge Tunnel expansion project, and various legal cases with potential political implications. They also shared their personal experiences and observations on current political issues, the economic impact of the rising minimum wage, and the changing sentiment in Europe due to the influx of migrants.

- Good and bad news, including AI takeover and new film release. (0:03) - AI and its potential dangers, including weaponization by a former NSA official. (2:36) - Artificial intelligence and its potential to surpass human intelligence. (12:05) - US military's use of weapons, AI, and depopulation agendas. (24:07) - The dangers of AI and its potential to harm humanity. (29:00) - AI's potential to harm humanity through government control and depopulation efforts. (34:54) - Decentralizing AI development for societal safety. (39:58) - The end of the petro dollar and impending doom. (54:36) - US-Saudi relations, Iran, Israel, and the US Navy's declining dominance. (59:56) - The potential collapse of the US dollar and the benefits of investing in gold and silver. (1:10:21) - The movie "The Great Awakening" and its premiere, with mentions of Dr. Robert Malone and Judy Mikovits. (1:37:20) - Creativity, trust, and purity in the entertainment industry. (1:41:55) - Prioritizing family values over career ambition in Hollywood. (1:47:56) - Documentary filmmaking and distribution strategies. (1:59:17) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com

In this episode of 'The Bullshit Filter,' we discuss the US's selective adherence to international laws, the complex US-Saudi relationship, and evolving power dynamics involving China. Discussions include potential ICC arrest warrants for Israeli and Hamas leaders, the US's opposition to ICC jurisdiction over Israel, and the historical context of the Israeli-Palestinian conflict. Additionally, the conversation explores US energy policy, Chinese and Russian competition, Boris Johnson's alleged role in derailing a Russia-Ukraine peace deal, and China's dominance in green technology markets. The episode concludes with a speculative look at the upcoming US presidential election, highlighting the strategic interests and long-term consequences of these geopolitical maneuvers. The post BS 126 – The Global Rules-Based Order appeared first on The BS Filter.

Ben and guest host Alyona Minkovski discuss the ICC's application for arrest warrants against both Hamas and Netanyahu for war crimes, the mass exodus of civilians from Rafah, a US-Saudi pact supposedly being days away from being agreed to, and public rebukes against Netanyahu from members of his own war cabinet. They also talk about the Iranian president Ebrahim Raisi's death in a helicopter crash, Zelensky putting hopes into Xi Jinping to pressure Putin on negotiations, an assassination attempt against the Slovakian Prime Minister, the latest in the trial of Julian Assange, a failed coup involving Americans in the Democratic Republic of the Congo, and Anthony Blinken “Rockin' in the Free World”. Then, Ben speaks with Tamara Chergoleishvili, who is running for office in Georgia in this October's elections in the European Georgia party.  For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.

Facts & Spins for May 22, 2024 Top Stories: The US and Saudi Arabia near a historic defense pact, Trump's defense rests its case in the hush-money trial, the EU's landmark AI rules get the green light, Israel reportedly prepares to scale back its Rafah offensive, 150 Yale graduates stage a walkout in support for Palestinian people, Russia masses troops near another border region of Ukraine,Russia jails a hypersonic missile scientist, phase five of India's elections sees a drop in voter turnout, turbulence on a Singapore-bound flight leaves one passenger dead, and Trump Media reports a $327M Q4 net loss. Sources: https://www.verity.news/

Lucien and Hanaa kick off Episode 9 spending probably too much time discussing and debating Chick Fil-A and fast food preferences as Hanaa wraps up her week in LA, where she is traveling to interview Saudi Arabia's brightest youth at the Regeneron event in California.  Then, Hanaa's Deep Dive topic this week is the Red Sea Fashion Week (RSFW) in Saudi Arabia. The show was considered historic as models displayed swimsuits along Saudi Arabia's Red Sea coast, known for its stunning blue waters and white sand beaches. The three-day event commenced with an opening show, followed by two days of runway shows and activations, featuring luxury fashion, jewellery, Ready-to-Wear, and Resort Wear collections from both Saudi and international designers.  That discussion leads to another on Saudi fashion, what to wear in Saudi Arabia for both men and women, how fashion is changing and the unique style of the Kingdom.  The hosts wrap up the program discussing the latest news, including new rules on book sales in Saudi Arabia, British Airways' new route, AlShehana AlAzzaz, an US-Saudi energy cooperation roadmap and much more.  Get this episode and other episodes emailed to you when they're ready with a summary. Join the fastest-growing email newsletter list on Saudi Arabia here for free: https://thetwenty30.beehiiv.com/ Like The TWENTY30? In just a few seconds, you can really help the show's creators out. Please subscribe to the podcast, and if you can spare a minute, leave a review. Thank you! You can also email the show's hosts with their first names @TheTWENTY30.com or email Hosts@TheTwenty30.com. The TWENTY30 Podcast is a production of The TWENTY30 Media Group, LLC.  ©The TWENTY30. All rights reserved.   

In this episode of The President's Daily Brief:   We begin with a closer look at the ongoing anti-Israel protests on university campuses across the country, delving into the sources of funding that fuel these demonstrations.   Next, we explore the impending historic agreement between the US and Saudi Arabia, which could significantly alter the dynamics in the Middle East by providing security guarantees to the kingdom and potentially setting the stage for diplomatic ties with Israel.   We also discuss the urgent appeals from US officials to China and Russia, cautioning against the use of Artificial Intelligence in controlling their nuclear arsenals due to the risk of catastrophic errors.   In the Back of the Brief, we uncover new documents released by the House Homeland Security Committee that show the majority of nearly 400,000 migrants eligible for the Biden Administration's mass parole program are converging on a single state.   To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com.   Please remember to subscribe if you enjoyed this episode of The President's Daily Brief.   Email: PDB@TheFirstTV.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Antony Blinken might claim to play the blues, but Danny and Derek have to deliver…the news. This week: in Palestine/Israel, the latest round of Gaza ceasefire talks (0:42), Netanyahu panics over a potential International Criminal Court (ICC) arrest warrant (6:54), and Blinken backs off of a threat to use the Leahy Law against IDF troops despite evidence of human rights abuses (10:39); Colombia announces that it will cut diplomatic ties with Israel (15:26); Saudi Arabia pushes for a security deal with the US (18:58); in Sudan, an imminent RSF attack on El Fasher in North Darfur (24:01); the US agrees to withdraw forces from Chad (25:26); Dutch PM Mark Rutte may be in line to become secretary general of NATO (28:33); new US sanctions will target Chinese firms supplying Russia (30:46); Ukrainian forces are falling back in Donetsk (33:10); in Haiti, a surprise PM appointment sparks dispute (35:04); and a New Cold War update featuring the potential addition of South Korea and New Zealand to AUKUS (37:09) and the Solomon Islands parliament's election of a new PM friendly to China (39:50).Note: There will be no news next Friday, May 10, but there will be an interview episode! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.americanprestigepod.com/subscribe

Antony Blinken might claim to play the blues, but Danny and Derek have to deliver…the news. This week: in Palestine/Israel, the latest round of Gaza ceasefire talks (0:42), Netanyahu panics over a potential International Criminal Court (ICC) arrest warrant (6:54), and Blinken backs off of a threat to use the Leahy Law against IDF troops despite evidence of human rights abuses (10:39); Colombia announces that it will cut diplomatic ties with Israel (15:26); Saudi Arabia pushes for a security deal with the US (18:58); in Sudan, an imminent RSF attack on El Fasher in North Darfur (24:01); the US agrees to withdraw forces from Chad (25:26); Dutch PM Mark Rutte may be in line to become secretary general of NATO (28:33); new US sanctions will target Chinese firms supplying Russia (30:46); Ukrainian forces are falling back in Donetsk (33:10); in Haiti, a surprise PM appointment sparks dispute (35:04); and a New Cold War update featuring the potential addition of South Korea and New Zealand to AUKUS (37:09) and the Solomon Islands parliament's election of a new PM friendly to China (39:50).Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The United States and Saudi Arabia are nearing a historic deal that could potentially reshape Middle East geopolitics with implications for regional security, diplomatic relations, and the ongoing Israeli-Palestinian conflict. Meanwhile, last week French President Emmanuel Macron delivered a speech issuing a stark warning that Europe faces the possibility of demise. Plus, Myanmar is four years into a civil war with no signs of stopping and neighboring countries are concerned. Can the rebels win? The Council's Ivo Daalder dives into these issues with Deborah Amos, Steven Erlanger, and Giles Whittell on World Review

In the final episode of this four-part series, Rog and Tommy trace the massive flow of Saudi money into Hollywood, Silicon Valley and Wall Street, and how the biggest venture capitalists and A-list celebrities seem to no longer care about Saudi Arabia's human rights record. They also look back at the history of the US-Saudi relationship, and how President Biden went from pleading to make Saudi Arabia a “pariah” to traveling there to fist bump Crown Prince Mohammed bin Salman in Jeddah. And finally, they dive into the possible motivations behind Saudi Arabia's investments, from the need to diversify the Saudi economy, to whitewashing the murder of Jamal Khashoggi and changing the subject from other human rights violations. Despite all the depressing news, Rog and Tommy try to find glimmers of hope where grassroots activism and football can lead the way in creating a more just world. All of this and more, on the final episode of World Corrupt, Season 2.

In the final episode of this four-part series, Rog and Tommy trace the massive flow of Saudi money into Hollywood, Silicon Valley and Wall Street, and how the biggest venture capitalists and A-list celebrities seem to no longer care about Saudi Arabia's human rights record. They also look back at the history of the US-Saudi relationship, and how President Biden went from pleading to make Saudi Arabia a “pariah” to traveling there to fist bump Crown Prince Mohammed bin Salman in Jeddah. And finally, they dive into the possible motivations behind Saudi Arabia's investments, from the need to diversify the Saudi economy, to whitewashing the murder of Jamal Khashoggi and changing the subject from other human rights violations. Despite all the depressing news, Rog and Tommy try to find glimmers of hope where grassroots activism and football can lead the way in creating a more just world. All of this and more, on the final episode of World Corrupt, Season 2.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Roger Bennett and Tommy Vietor take a look at the history of Saudi Arabia, US-Saudi relations, and the Kingdom's path to becoming a geopolitical force. They trace the unlikely rise of Crown Prince Mohammed Bin Salman from a lowly place in the royal hierarchy to de facto leader of the country, and examine his record of enacting major social reforms while brutally cracking down on critics and rivals. Guests Ben Hubbard, Sarah Leah Whitson, and Khalid Al Jabri provide insight through stories about the infamous lock-up at the Ritz Carlton in Riyadh, the murder of journalist Jamal Khashoggi, and the disappearance of even the family members of MBS' political rivals. And finally, they unpack what MBS' massive investment into soccer means for the global game. Listen to the second episode of this four-part series to find out.

Roger Bennett and Tommy Vietor take a look at the history of Saudi Arabia, US-Saudi relations, and the Kingdom's path to becoming a geopolitical force. They trace the unlikely rise of Crown Prince Mohammed Bin Salman from a lowly place in the royal hierarchy to de facto leader of the country, and examine his record of enacting major social reforms while brutally cracking down on critics and rivals. Guests Ben Hubbard, Sarah Leah Whitson, and Khalid Al Jabri provide insight through stories about the infamous lock-up at the Ritz Carlton in Riyadh, the murder of journalist Jamal Khashoggi, and the disappearance of even the family members of MBS' political rivals. And finally, they unpack what MBS' massive investment into soccer means for the global game. Listen to the second episode of this four-part series to find out.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The US government is preparing a "sustained military campaign" in Yemen, according to the Washington Post. Why is Biden waging this war? Who are the "Houthis"? Why is Saudi Arabia urging "restraint"? What is Israel's role? Ben Norton explains. VIDEO: https://youtube.com/watch?v=OQT5GvayQlY Check out our related reports: - US bombs Yemen, Iraq & Syria. Israel bombs Gaza & Lebanon. Both threaten Iran: https://geopoliticaleconomy.com/2024/01/18/war-us-israel-yemen-iraq-syria-iran - China brokers Iran-Saudi peace: big blow to petrodollar, geopolitical game changer: https://geopoliticaleconomy.com/2023/03/17/china-iran-saudi-peace-petrodollar - US-Saudi war on Yemen has killed 377,000 people – UN estimate: https://geopoliticaleconomy.com/2022/02/20/us-saudi-war-yemen-377000-deaths-un Topics 0:00 US wages war on Yemen 4:34 Why did US lose Saudi support? 6:52 Shifting geopolitical order 8:27 Who are Yemen's 'Houthis'? 14:16 Geo-economics of Red Sea 20:47 What are US war plans in Yemen? 25:27 Why is Saudi Arabia urging 'restraint'? 32:40 China is now Middle East's top trading partner 35:30 US' historic transition from oil importer to exporter 37:44 Obama boasts of making Wall Street richer and expanding oil production 38:35 Why US-Saudi relations have deteriorated 41:15 Biden breaks campaign promise to end Yemen war 42:30 US creates world's worst humanitarian crisis... twice 46:36 Outro

Facts & Spins for December 23, 2023 Top Stories: The US is preparing to lift its ban on the sale of offensive weapons to Saudi Arabia, Russian drones make a rare breach of Kyiv's missile defenses, Protests flare in Argentina over Milei's austerity measures, The UN Security Council finally passes a Gaza resolution after several days of delay, Washington and Beijing resume high-level military dialogue, Ireland is taking the UK to court over its “Troubles” amnesty law, The US is charging an alleged Hezbollah member over a 1994 bombing in Buenos Aires, The US Supreme Court declines to hear Trump's Jan. 6 immunity case, Rudy Giuliani declares bankruptcy, and Joe Biden commutes 11 drug sentences and pardons marijuana offenders. Sources: https://www.verity.news/

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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Amazon Q was unveiled at the re:Invent conference 2023. Designed specifically for work, Amazon Q promises to revolutionize how we approach tasks, decision-making, and creativity in the workplace​​​​. But how does Amazon Q stack up against established players like ChatGPT or Microsoft's Copilot? Let's find out.Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode PageJoin the discussion: Ask Jordan questions about Amazon QUpcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: info@youreverydayai.comConnect with Jordan on LinkedInTimestamps:[00:02:00] Daily AI news[00:05:30] What's Amazon Q?[00:09:10] Amazon Q capabilities[00:18:13] Who is Amazon Q for?[00:20:15] Amazon Q vs ChatGPT and Microsoft Copilot[00:31:07] Initial reaction of Amazon Q[00:33:55] What Amazon got wrong with Q[00:41:50] Audience questions[00:45:15] Final takeawayTopics Covered in This Episode:1. Introduction to Amazon Q2. Amazon Q Features and Integration3.  Market and Target Audience4. Competition and Potential Impact5. Technical Aspects and SuitabilityKeywords:Amazon Q, AI chatbot, Amazon Web Service, enterprise, generative AI, AWS cloud, business apps, Zendesk, Dropbox, Microsoft 365, Salesforce, Jira, data security, data access, enterprise users, small businesses, cloud provider, marketing strategy, Amazon Que, Microsoft 365 Copilot, technology expert, stock price, Chat GPT, OpenAI, Meta, Microsoft Azure, Zapier, Microsoft 365 Copilot, AI news, US-Saudi venture capital. Get more out of ChatGPT by learning our PPP method in this live, interactive and free training! Sign up now: https://youreverydayai.com/ppp-registration/

The war triggered by Hamas' brutal attack on Israel has entered Day 5. In Ep 1327 of Cut The Clutter, Editor-in-Chief Shekhar Gupta looks at the larger Middle East picture, the equations between its bigger powers — Saudi Arabia and Iran — and the US role in the region, to explain how they tie into the war, and why the violence has potential implications for the Indo-Pacific framework.----more----Watch Cut The Clutter 'Netanyahu & Mossad chief meet MBS & Pompeo' here: https://youtu.be/HL3eFRc98ho----more----Read Suzanne Maloney's article here: https://www.foreignaffairs.com/middle-east/israel-hamas-end-americas-exit-strategy-suzanne-maloney----more----Read Steven A. Cook's article here: https://foreignpolicy.com/2023/10/09/hamas-attack-israel-palestine-war-iran-saudi-normalization-middle-east-future/----more----Read The New York Times article here: https://www.nytimes.com/2023/06/17/us/politics/biden-saudi-arabia-israel-palestine-nuclear.html----more----Read Ali A. Rizvi's tweets here: https://twitter.com/aliamjadrizvi/status/1711867766334992468

Facts & Spins for September 21, 2023 Top Stories: The US and Saudi Arabia are reportedly exploring a defense pact, global debt soars to $307 trillion, Merrick Garland is grilled by a key House Committee, Zelenskyy accuses Russia of genocide at the UN General Assembly, Japan calls on China to remove buoys in disputed territorial waters, six Palestinians are killed in the West Bank and Gaza, the UN identifies 1.6K abuse cases of detainees in Taliban custody, a unit of Huawei is reportedly shipping new surveillance camera chips despite US protocols, Donald Trump Jr.'s X account is hacked, and a report says over 35M US homes are “essentially uninsurable” from climate change. Sources: https://www.verity.news/

Gideon talks to Senator Chris Murphy, a member of the US Senate Foreign Relations Committee, about the strength of bipartisan support for Ukraine and about President Joe Biden's proposed “grand bargain” that could see Saudi Arabia and Israel normalise diplomatic relations in return for American security guarantees. Clip: CBS NewsFree links to read more on this topic:Joe Biden makes his big Middle East push: a Saudi Arabia-Israel pactGrand Delusion — America's imposition on incompatible Middle East realitiesUkraine launches biggest drone attack yet inside Russian territorySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US-Saudi-Ukraine peace summit, doomed to fail

Today we're talking about key players in US - Saudi relations. US National Security Advisor Jake Sullivan went to Saudi Arabia to lay the framework for a new relationship. Full Newsletter: https://mailchi.mp/zeihan/us-and-saudi-arabia-relations-part-1

On this episode, we begin with an update on Ukraine's counteroffensive and its slow but steady progress to take back territory from Russia. We then discuss the Niger coup, delving into what happened, the impact on US foreign policy, and the expansion of Wagner and Russian influence in Africa. Finally, we look at Israel's democratic crisis with recent passing of legislation that limits judicial oversight of government power. We also consider the possibility of the U.S. brokering a peace deal between Israel and Saudi Arabia.But first, has the Earth been visited by aliens? And if so, why is the US the only country talking about it?Topics Discussed in this Episode00:00 - Congressional Hearing on UFOs: ‘Non-human' biologics, Murder, and Interdimensional travel, oh my!19:30 - Russia-Ukraine War: Ukraine's Counteroffensive Breakthrough?29:30 - Niger coup and Russia's growing influence in Africa43:15 - Israel in Crisis and Saudi-US DealmakingArticles and Resources Mentioned in EpisodeCongressional Hearing on UFOs: ‘Non-human' biologics, Murder, and Interdimensional travel, oh my!Does the U.S. Government Want You to Believe in U.F.O.s? (Ross Douthat-NY Times)We are not alone: The UFO whistleblower speaks (News Nation)Russia-Ukraine War: Ukraine's Counteroffensive Breakthrough?Franz-Stefan Gady and Michael Kofman on what Ukraine must do to break through Russian defences (The Economist)How bad will things get now that Russia has quit its grain deal with Ukraine? (Vox)Niger coup and Russia's growing influence in AfricaWhat's Behind the Coup in Niger? (NY Times)What Is Russia's Wagner Group Doing in Africa? (Council on Foreign Relations)Why African leaders shunned Vladimir Putin's summit (The Economist)Israel in Crisis and Saudi-US DealmakingThe wounded Jewish psyche and the divided Israeli soul (Yossi Halevi- The Times of Israel)Biden Is Weighing a Big Middle East Deal (Thomas Friedman-NY Times)‘Divorced from reality': As top Biden aides meet MBS, experts see near term prospects for Israel-Saudi normalization, and a US Saudi security pact, as unlikely (Substack-Diplomatic by Laura Rozen)Follow Us Show Website: www.kelloggsglobalpolitics.com Show Twitter: @GlobalKellogg Anita's Twitter: @arkellogg Show YouTube

Facts & Spins for July 29, 2023 Top Stories: The US and Saudi Arabia hold talks, Researchers find that Meta's algorithm has little effect on polarization, Trump faces new charges in the classified documents case, Ukraine liberates a village in western Donetsk, A survey finds that China is facing a faltering global image, A Hong Kong judge rules against Beijing's bid to ban a protest song, Biden signs an order on military sexual assault cases, The US Justice Dept. opens a probe into Memphis police, Biden announces measures to tackle extreme heat, and Netflix seeks an AI expert. Sources: https://www.improvethenews.org/   Brief Listener Survey: https://www.improvethenews.org/pod

Observed from afar, Russia's invasion of Ukraine might appear to be a replay of the Cold War stand-off between Russia and the West. But according to political scientist Ivan Krastev a closer look complicates the picture. In a recent op-ed in the Financial Times Krastev argued that while America's allies in Europe came together in support of Ukraine, other states, especially Turkey, India and Saudi Arabia have offered a different response. Turkey's role in the Russia-Ukraine war is a classic example of middle power activism. President Tayyip Erdoğan has downplayed the country's identity as a NATO member at the same time as he has positioned his country as a potential mediator between Moscow and Kyiv. India has used the war to capitalise on Western sanctions and import cheap Russian gas. And the Saudis have cosied up to Beijing and Moscow as a reminder to the United States that the US/Saudi security alliance is not unconditional. Middle powers have different goals and agendas but they all share one fundamental feature: they are determined to sit at the table of global politics and have a say in shaping their own regions. On this episode, Krastev, with journalist and academic Philippa Thomas, explores the rising activism of middle powers and how it is reshaping the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we talk about MBS, Biden, and OPEC Plus. We also discuss the clean energy transition, fistbumps, and kowtowing. Support the show: patreon.com/letsknowthings & letsknowthings.com/support Show notes/transcript: letsknowthings.com Check out my other shows & publications: understandary.com

This week we talk about MBS, Biden, and OPEC Plus.We also discuss the clean energy transition, fistbumps, and kowtowing.Show notes / transcript: https://letsknowthings.com/episode337 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

Tommy and Ben cover the wild week in British politics, the push for diplomacy in Ukraine from progressive Democrats, why former Chinese President Hu Jintao was dragged off stage at China's party conference meeting, the US-Saudi relationship, former Israeli PM Bibi Netanyahu's right-wing comeback bid, Brazil's upcoming election and more. Then Ben is joined by British Labour MP David Lammy to talk about new British PM Rishi Sunak and the future of the Labour Party.

President Biden in an exchange with CNN's Jake Tapper, vowed there will be consequences for Saudi Arabia in light of their decision to join with Russia in cutting back oil production, a move guaranteed to help Vladimir Putin and his war with Ukraine, while at the same time, jacking up gas prices for American consumers. The Saudi move jolted the White House, coming barely three months after Biden famously fist-bumped the country's de facto ruler Mohammed Bin Salma, the very same Crown Prince, who according to US intelligence, approved the operation that brutally murdered Washington Post journalist Jamal Khashoggi. But what should those consequences for the Saudis actually be? Biden didn't say. But one Senator, who has been one of the most outspoken on the issue is Connecticut's Chris Murphy, a member of the Senate's Foreign Relations Committee. We talk to him about the US-Saudi relationship and the war in Ukraine as well as this week's nearly billion dollar verdict against conspiracy theorist Alex Jones for his lies about the 2012 massacre at Sandy Hook Elementary School.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tommy and Ben cover the latest from the war in Ukraine, including the bombing of a Russian bridge to Crimea and Russia's response, the latest on the protests in Iran, why an OPEC decision is leading the US to rethink the US-Saudi partnership, how British PM Liz Truss is making history and waging war on podcasters, why Elon Musk will not shut up and some scandal updates. Then Ben talks with former Australian PM Kevin Rudd about the upcoming Chinese Communist Party leadership conference.

Krystal and Saagar talk about Elon Musk buying Twitter and the online reaction, Kevin McCarthy's comments about Trump, US-Saudi tensions, Kamala's latest embarrassment, Steven Donziger being free, Taylor Lorenz's lies, Bernie 2024, and the inside story of the Bernie 2020 campaign! For clarity, the originally scheduled guest Kim Kelly's segment will be posted later in the week and Ari Robin-Havt will be in today's show! Check your email for the full video show and the newsletter as well!!! 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/ Jordan Chariton: https://statuscoup.com/ https://www.youtube.com/c/StatusCoup   Ari Robin-Havt: https://wwnorton.com/books/9781631498794  Learn more about your ad choices. Visit megaphone.fm/adchoices

Krystal and Saagar talk about Elon Musk buying Twitter and the online reaction, Kevin McCarthy's comments about Trump, US-Saudi tensions, Kamala's latest embarrassment, Steven Donziger being free, Taylor Lorenz's lies, Bernie 2024, and the inside story of the Bernie 2020 campaign! For clarity, the originally scheduled guest Kim Kelly's segment will be posted later in the week and Ari Robin-Havt will be in today's show! Check your email for the full video show and the newsletter as well!!!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/Jordan Chariton: https://statuscoup.com/https://www.youtube.com/c/StatusCoup  Ari Robin-Havt: https://wwnorton.com/books/9781631498794  Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.