The Saudi Kingdom, The Magic Kingdom, & China on Lockdown

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 18 July 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Biden’s trip to the Middle East included a meeting with Saudi Arabia’s highest officials, including Crown Prince Mohammed bin Salman. The agenda ranged from China’s influence in the region and oil prices to 5G and global climate policy, but one exchange captured more headlines than any other. A U.S. official on the trip alongside the President shares details about the MBS meeting, Biden’s confrontation about Jamal Khashoggi’s murder, and global energy security. Special Presidential Coordinator for International Energy Affairs Amos Hochstein even addresses the infamous fist bump. According to a new report from Claire Atkinson at Insider, sources within Disney say former CEO Bob Iger regrets his decision to hand the House of Mouse over to his successor, Bob Chapek. She and Puck’s founding partner Matt Belloni discuss the Bob vs. Bob Hollywood drama and the stock’s lagging performance. Plus, areas of China brace for yet another lockdown, and the team has an update from the Scottish putting green.

Transcript

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0:00.0	Bring in show music please.
0:02.6	Hi there, I'm C. M. C. C. C. C. C.
0:07.0	Casta. Today on Squack-Pod, in the room where it happened,
0:11.4	President Biden's trip to Saudi Arabia with an advisor who was
0:14.8	there the whole time. Amos Hochstein.
0:18.2	President right at the top of the meeting raised the issue of Khashoggi, raised his commitment to human rights,
0:24.6	and told the crown prince very directly, his long-standing views on human rights.
0:29.5	And the Bob-on-Bob drama, how Disney leadership is getting along or isn't, with new
0:36.2	Intel from insider correspondent Claire Atkinson.
0:40.1	Bob I guess seems to have regrets about handing over the reins.
0:43.4	And all the pressure on the other Bob,
0:46.2	Puck's founding partner, Matt Bellany.
0:48.6	This question of, oh, what would Iger do?
0:51.0	What would Bob the First do?
0:52.8	That is really haunted, Chepeck.
0:55.6	Plus global headlines from China to the birthplace of golf in Scotland and...
1:01.2	I'm a... You're glass half full I'm glad to have full volatile stocks but low unemployment and a healthy consumer
1:08.9	Maybe we needed the American rescue planet. Yeah, yeah. Who am I?
1:13.0	Where am I? Who are?
1:14.0	Who am I?
1:15.0	What's happening here?
1:16.0	It's Monday July 18th, 2022, and Squawk Pod begins right now.
	...

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