End-Gulfed: Preparing for a post-oil future
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 14 February 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
The petrostates of the Gulf are modernising their economies, growing more tolerant and liberalising their social contracts as they prepare for a world run on fewer hydrocarbons—but who will be left behind? A Chinese maker of electric vehicles prepares to steal a march on Tesla. And a look at Britain’s newest islands reveals they are made of wet wipes.
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Transcript
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| 0:00.0 | Hello and welcome to the Intelligence from the Economist. |
| 0:06.8 | In New York, I'm John Fassman. |
| 0:09.1 | An in London, I'm Jason Palma. |
| 0:11.3 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 0:18.4 | Tesla is the world's biggest maker of electric vehicles, but a Chinese firm called BYD may |
| 0:23.6 | soon challenge its supremacy, setting the stage for a competition that could shape car |
| 0:28.1 | markets around the world. |
| 0:32.4 | And you might not worry much about flushing a wet wipe down the toilet. |
| 0:37.1 | Many are allegedly biodegradable, right? |
| 0:40.0 | It's not as simple as that. |
| 0:41.9 | There are so many going down British pipes that whole islands of them are forming in the |
| 0:46.7 | country's rivers. |
| 0:48.4 | Ew. |
| 0:55.6 | First up though. |
| 1:04.8 | In November, a pop-up amusement park called Boulevard World opened to fireworks in Riyadh. |
| 1:12.6 | It's a sort of Epcot center for the Middle East. |
| 1:22.4 | Visitors can travel through bits of the park designed to look like different countries. |
| 1:25.5 | France, China, India, Morocco, all clustered around a man-made lake. |
| 1:32.6 | They can hop on nearby amusement park rides or head to attractions like a life-size monopoly |
| 1:37.9 | game. |
| 1:38.9 | It's the type of event that was once rare in the Saudi capital, which has long been ruled |
| 1:43.8 | under an austere brand of Islam. |
... |
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