4.8 • 3.2K Ratings
🗓️ 1 July 2021
⏱️ 43 minutes
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0:00.0 | Saudi Arabia's economy is transforming. What's behind it? The Public Investment Fund, or PIF. |
0:07.1 | It's one of the largest sovereign wealth funds in the world, creating 13 new sectors, |
0:12.2 | 66 companies, and more than 500,000 direct and indirect jobs so far. PIF is also the first |
0:19.5 | sovereign wealth fund to issue a green bond supporting Saudi Arabia's 2016 Net Zero emissions target. |
0:26.6 | Find out more at pif.gov.sa. |
0:34.3 | I'm Fashikir. I'm Amanda Littman. And this is Balagrown, the podcast from the recount and I heart |
0:39.3 | radio. |
0:47.2 | This week we're talking to Michelle Goldberg, a Pulitzer Prize winning op-ed columnist for the |
0:51.2 | New York Times. We get her take on the Biden administration's performance. Today, |
0:55.2 | we discuss the Democrats' branding problem and my personal favorite. We talk a little bit about |
1:00.0 | life in New York City as the city starts to open up from the pandemic. And for once, we actually |
1:05.2 | end this conversation on a positive note. Yeah, that's nice to switch things up every now and |
1:09.4 | again and be optimistic. Speaking of optimism, FAS, let's talk for just a moment about infrastructure. |
1:16.8 | To recap, for those who maybe like me have been tuning out of this a little bit, |
1:21.8 | here's what's going on. President Biden announced a bipartisan breakthrough on infrastructure. |
1:26.8 | During his press conference, he said he wouldn't sign that bill unless he also got a reconciliation |
1:32.0 | bill that had funding for things like childcare, clean energy, and other democratic priorities. |
1:36.9 | After getting a lot of heat from Republicans, he almost immediately walked that back. |
1:41.3 | There has been a lot of talk about this. And I think it's worth taking a few minutes to break it |
1:45.7 | all down. So FAS, you're the expert. What's going on? Well, I'm not as worried as many of our friends |
1:51.5 | on the left, let me start with that and say that President gets paid the big bucks and has to |
1:56.9 | make hard decisions and juggle a lot of different things. And one thing he's trying to do right now |
... |
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