The Collapsing U.S.-Saudi Relations
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 26 October 2022
⏱️ 18 minutes
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| 0:00.0 | Your wild heinous, your heinouss, your excellencies, ladies and gentlemen. |
| 0:13.0 | There's a major conference happening in Saudi Arabia. |
| 0:16.5 | We are on the road to a new global order. |
| 0:21.0 | FII is proud to make. |
| 0:24.4 | FII for future investment initiative. |
| 0:28.6 | It's part of an effort by Crown Prince Mohammed bin Salman to draw foreign investment into |
| 0:33.6 | the kingdom. |
| 0:35.6 | It is hosted at the Ritz Carlton Hotel in Riyadh, which is palatial and very large, |
| 0:42.8 | very ornate. |
| 0:43.8 | Lots of gold, lots of chandeliers, marble halls, sort of French, palatial style, I would say. |
| 0:51.2 | Our colleague, Stephen Kaelin, is attending the conference. |
| 0:54.8 | The conference was absolutely packed. |
| 0:57.4 | I think there were about 7,000 people in attendance. |
| 1:03.3 | Throughout the entire complex, there were networking rooms and coffee breaks and just |
| 1:09.6 | sort of these marble halls where Saudis and Wall Street bankers and investors from |
| 1:15.6 | Europe and Asia were sort of hobnobbing and talking about business and a little bit of politics. |
| 1:23.3 | Stephen seen Wall Street bigwigs like Jamie Diamond of JP Morgan and Steve Schwartzman |
| 1:28.1 | of Blackstone and billionaire investor Ray Dalio. |
| 1:32.0 | There are also major delegations from Europe, Africa and Asia. |
| 1:36.9 | But he says one important group is missing. |
| 1:41.1 | Basically, there's not anybody representing Washington here. |
| 1:45.2 | That is sort of the glaring absence from the conference this year. |
... |
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