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Recent stories from sustg
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Bilal Saab on U.S.-Saudi military cooperation, how the Kingdom is performing on its green initiative, and more
- April 7,2023
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- SUSTG Team
The 966 welcomes back onto the program Bilal Saab, political-military analyst on the Middle East and U.S. policy toward the region and Senior Fellow and Director of the Defense and Security Program at the Middle East Institute. The hosts ask Bilal about his recent piece, entitled “After Oil-for-Security: A Blueprint for Resetting U.S.-Saudi Security Relations.” Before […]
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Top U.S. Commercial Officer in KSA James Golsen, U.S.-Saudi trade after the Boeing-Riyadh Airways deal, and experiencing Al-Ula
- March 31,2023
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- SUSTG Team
In Episode 80 of The 966 Podcast, Mr. James Golsen, Senior Commercial Officer for Saudi Arabia and Bahrain, discusses his work building U.S.-Saudi trade and business relations and his journey to the important post. The 966 hosts talk with James about his role building U.S.-Saudi trade relations and enhancing investment opportunities in Saudi Arabia. They also […]
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F1 Returns to Jeddah, Saudi Arabia for Jeddah Grand Prix This Weekend
- March 17,2023
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- SUSTG Team
Saudi Arabia is set to host the Jeddah Grand Prix this weekend, which takes place at the Jeddah Corniche Circuit on Sunday, March 19.
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Polish Prime Minister Mateusz Morawiecki Visits Riyadh, Meets with Crown Prince Mohammed bin Salman
- March 8,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman “reviewed relations and issues of mutual concern” with Polish Prime Minister Mateusz Morawiecki on Tuesday in Riyadh.
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MENA Region Rushes Aid to Turkey, Syria
- February 17,2023
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- SUSTG Team
In the wake of the February 6th 7.8-magnitude earthquake that devastated large areas of Turkey and Syria many countries, including those in the MENA region, are rushing aid to the area.
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IMF Head Says Gulf Economies are Becoming More Resilient to Energy Prices
- February 13,2023
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- SUSTG Team
Governments of Gulf countries have made progress toward diversifying their economies away from oil by opening up to private investment and implementing taxes, according to comments from Kristalina Georgieva, the head of the International Monetary Fund.
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Abraham Ancer Takes 2023 PIF International Title at Royal Greens in Saudi Arabia
- February 6,2023
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- SUSTG Team
LIV’s Abraham Ancer won this year’s Saudi International Tournament, played at the Royal Greens Golf Club at KAEC, after holding off the PGA Tour’s Cameron Young to take the 2023 title.
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Saudi Arabia Set to Open Riyadh Metro ‘Soon’ — Report
- January 19,2023
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- SUSTG Team
The Riyadh Metro project, the game-changing public transportation project in Saudi Arabia’s capital, “will be opened soon,” Rai Al Youm reported on Wednesday, citing the German News Agency (DPA).
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PIF Assumes Control of $50 Billion Diriyah Project
- January 10,2023
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- SUSTG Team
Diriyah, a massive redevelopment of a historical site on the outskirts of the Saudi capital Riyadh, has become the fifth giga-project in the portfolio of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), according to reports.
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Saudi Arabia’s Sees Strong Labor Force Numbers for Nationals; PMI Holds at 56.9
- January 4,2023
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- SUSTG Team
Saudi Arabia’s job numbers witnessed their strongest growth rate since January 2018, and the unemployment rate for Saudi male citizens has fallen to its lowest level in more than 20 years, according to official data.
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MUST-READS
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U.S. Forecasts Oil Production Drop; Could be Factor in Saudi-Russia Price War
The new forecast is from the U.S. Energy Information Administration, which said the U.S. will produce 11 million barrels a day over the fourth quarter, down from just below 13 million barrels a day during the first quarter of 2020.
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U.S. oil state senators to talk crude markets with Saudi officials Saturday: source
The senators’ legislation faces an uncertain future as Senator James Inhofe, a senior Republican from oil-producing Oklahoma, has said he prefers to pressure Saudi Arabia and Russia by pushing the Department of Commerce to investigate whether they are excessively dumping oil onto global markets. In addition, the U.S. Congress is not in session until at least April 20 and possibly longer due to the coronavirus outbreak, making quick action on the bill unlikely.
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Trump Says Free Market Will Curb U.S. Oil Output ‘Automatically’
President Donald Trump gave the strongest signal yet the U.S. might not join Saudi Arabia, Russia and other major producers in coordinated oil-production cuts, even as plunging crude prices put thousands of American shale jobs at risk.
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U.S. energy secretary hopeful Saudi, Russia to end oil row this week
U.S. Energy Secretary Dan Brouillette said on Monday that after speaking with the energy ministers of Saudi Arabia and Russia he believes the countries will cut oil output and end their war over market share this week.
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U.S. and Saudi ministers discussed global oil markets, says U.S.
U.S. Energy Secretary Dan Brouillette spoke to Saudi counterpart Prince Abdulaziz bin Salman at the weekend, telling him the Saudi-Russian battle for market share in the global oil has “major implications” for the United States and the world, the U.S. Energy Department said on Monday. The two officials agreed to continue talks over global oil markets through a G20 meeting in the “near future”, the U.S. Energy Department said.
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Iran Military Chief Warns That Any U.S. Provocation Will Be Met With ‘Fiercest’ Response
Bagheri warned U.S. leaders that "ill will against our country's security" or the slightest move against Tehran would prompt "our fiercest reactions." Bagheri also said his forces are "closely monitoring the activities and moves of Americans" in the Persian Gulf region.
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Shipping U.S. Oil to China Costs Half as Much as the Cargo
The cost of hauling oil from the U.S. to China has skyrocketed to nearly $10 a barrel -- almost half of what the American benchmark crude is currently valued at -- as the price war spurs a rush for ships.
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Trump projects up to 240,000 coronavirus deaths in U.S., even with mitigation efforts
President Trump and the physicians advising the federal pandemic response on Tuesday delivered a bleak outlook for the novel coronavirus’s spread across the country, predicting a best-case scenario of 100,000 to 240,000 fatalities in the United States and summoning all Americans to make additional sacrifices to slow the spread.
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U.S. could rethink Iran sanctions in light of coronavirus: Pompeo
The comments reflected a shift in tone by the U.S. State Department, which has come under withering criticism for its hard line toward sanctions relief even in the face of a call by the U.N. secretary-general to ease U.S. economic penalties.
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First U.S. service member dies from coronavirus
The Pentagon on Monday announced the death of a member of the New Jersey National Guard who tested positive for the coronavirus. Why it matters: It's the first U.S. service member — active, reserve or Guard — to die from the virus, according to the Pentagon. The guardsman passed away on Saturday after being hospitalized for the novel coronavirus on March 21.
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