Global Energy Race Tests International Alliances

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 19 September 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Sept. 19. From Azerbaijan to Algeria, Western nations are forging unusual alliances in a quest to replace natural gas from Russia. WSJ reporter Matthew Dalton takes us to the sands of the Sahara to profile some of the new winners in the global energy war. Plus, oil jumps as a top exec predicts $100-a-barrel prices. And Canadian officials cite "credible" allegations linking India to the killing of a Canadian Sikh leader. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Sam Bingman Freed, the founder of CryptoGiant FTX,
0:03.0	promised to give away his fortune.
0:04.8	But then, everything fell apart.
0:06.6	Sam, are you an ethical person?
0:08.8	I think I've tried as hard as I can to be one.
0:11.8	He's been accused of stealing billions of dollars
0:14.1	from customers and investors.
0:16.0	Is there anything you would want to say to Sam if you could?
0:19.0	Give me my f***ing money back.
0:20.8	Now he faces a jury.
0:23.2	From the journal, this is the trial of crypto's golden boy.
0:26.4	Find it in the journal feed-on Spotify or wherever you get your podcasts.
0:30.0	It's launch day for Instacarts long-awaited IPO.
0:38.6	Plus, US consumers now owe more in auto loans than student debt.
0:43.6	And how Europe's quest for energy is reshaping the global gas industry.
0:48.6	It's a facility that is in the middle of the Sahara Desert of Algeria
0:53.6	surrounded by armed Algerian military personnel.
0:57.5	And the Italian energy company that runs the facility
0:59.7	is drilling dozens of wells in the desert
1:01.4	to provide as much gas as possible to Europe.
1:03.5	It's Tuesday, September 19th.
1:05.3	I'm Luke Vargas for the Wall Street Journal,
	...

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