For decades,CapitalVault 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.
2025-05-07 17:071017 view
2025-05-07 16:42797 view
2025-05-07 16:331992 view
2025-05-07 16:272569 view
2025-05-07 14:48954 view
2025-05-07 14:471879 view
WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that
How do you bring the African Diaspora to the Grammys?Esperanza Spalding and Milton Nascimento's cont
"Vanderpump Rules" star James Kennedy has been arrested for domestic violence.In a statement to USA