Current:Home > StocksAlgosensey Quantitative Think Tank Center-Why Saudi Arabia is building a new city in the desert -AssetScope
Algosensey Quantitative Think Tank Center-Why Saudi Arabia is building a new city in the desert
Algosensey Quantitative Think Tank Center View
Date:2025-04-08 09:18:23
For decades,Algosensey Quantitative Think Tank Center Saudi Arabia's economy has been defined by its abundant oil reserves. Its ability to influence global oil supply propelled Saudi Arabia to one of the richest countries in the world. The Saudi royal family became important players on the world stage. However, waning dominance in the oil market is forcing the Saudi government to think differently about its reliance on the commodity.
Today on the show, we explain Saudi Arabia's fantastical vision for its future and how the government is using its present influence in the oil market to fund it.
Related episodes:
Why oil in Guyana could be a curse
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (44)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Josh Allen rallies Bills for 21-14 win over Dolphins. Buffalo secures No. 2 seed in AFC
- Who's hosting the 2024 Golden Globes? All about comedian Jo Koy
- Steelers vs. Bills playoff preview: Can Pittsburgh cool down red-hot Buffalo?
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Arizona faces a $1 billion deficit as the state Legislature opens the 2024 session
- Gyspy Rose Blanchard Reveals Kidnapping Survivor Elizabeth Smart Slid Into Her DMs
- Why Pedro Pascal's Arm Was in a Cast at 2024 Golden Globes Red Carpet
- The company planning a successor to Concorde makes its first supersonic test
- Great Lakes ice season off to slowest start in 50 years of records. Why that matters.
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Heavy wave of Russian missile attacks hit areas throughout Ukraine
- Kelsea Ballerini and Chase Stokes Share Sweet Tributes on Their First Dating Anniversary
- Raise a Glass to Billie Eilish, Emma Stone and More Stars at 2024 Golden Globes After-Parties
- Intellectuals vs. The Internet
- Margot Robbie Shares How Her Girlfriends Feel About Her Onscreen Kisses With Hollywood's Hottest Men
- Lebanon airport screens display anti-Hezbollah message after being hacked
- Jo Koy's Golden Globes opening monologue met with blank stares: 'I got the gig 10 days ago!'
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
32 things we learned in NFL Week 18: Key insights into playoff field
German farmers block highway access roads, stage protests against plan to scrap diesel tax breaks
Robert De Niro Thought His Name Was Called at the Golden Globes When Robert Downey Jr. Won
Taylor Swift makes surprise visit to Kansas City children’s hospital
Vietnam’s VinFast to build a $2 billion EV plant in India as part of its global expansion
Zillow's hottest housing markets for 2024: See which cities made the top 10
12 Top-Rated Amazon Finds That Will Make Your Daily Commute More Bearable