For decades,Quentin Mitchell 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.
2025-04-30 09:561817 view
2025-04-30 09:061966 view
2025-04-30 09:041312 view
2025-04-30 08:432836 view
2025-04-30 08:20718 view
A private company aiming to build the first supersonic airliner since the Concorde retired more than
Look up, Florida.SpaceX teams in the Sunshine State are on track to launch a Falcon 9 rocket with an
Los Angeles Angels two-way superstar and pending free agent Shohei Ohtani topped Major League Baseba