"Trump, whose Doral resort is scheduled to host the Saudi-backed LIV Golf tournament in April, has called on the oil-rich nation to invest $1 trillion in the United States. His son-in-law Jared Kushner — whose private equity firm does business with the Public Investment Fund — is scheduled t…
"Trump, whose Doral resort is scheduled to host the Saudi-backed LIV Golf tournament in April, has called on the oil-rich nation to invest $1 trillion in the United States. His son-in-law Jared Kushner — whose private equity firm does business with the Public Investment Fund — is scheduled to speak Thursday at the event with Middle East Envoy Steve Witkoff about the possibility of a “new era” of investment between the Middle East and the United States."
Saudi has the largest economy in the Middle East and is considered a high-income economy by the World Bank. But actually by comparison we are wealthier.
In case you don't remember I thik they have been undermining our economy via OPEC since 1973 and own our largest refineries and control many major "American" energy companies. I think we should sue to recoup lost Treasury receiprts and lost profits.
Arbitrarily high energy prices act like a tax on all of ujs.
Nominal GDP (2020 estimates):
United States: $22.67 trillion
China: $16.14 trillion
Japan: $5.15 trillion
Germany: $4.24 trillion
United Kingdom: $2.62 trillion
India: $2.55 trillion
France: $2.54 trillion
Russia: $1.73 trillion
Saudi Arabia: $773 billion
GDP (PPP) per capita (2020 estimates):
Qatar: $69,962
Luxembourg: $67,993
Singapore: $64,133
Ireland: $63,655
Norway: $62,759
Switzerland: $61,124
United Arab Emirates: $59,764
United States: $59,532
Saudi Arabia: $55,944
Netherlands: $55,538
Wealth per adult (2020 estimates):
United States: $105,602
Switzerland: $93,457
Hong Kong: $83,254
Singapore: $76,344
Norway: $74,144
Saudi Arabia: $67,144
Netherlands: $65,144
Denmark: $63,144
Sweden: $62,144
Australia: $61,144
Foreign exchange reserves (2020 estimates):
China: $3.22 trillion
Japan: $1.43 trillion
Switzerland: $814 billion
Saudi Arabia: $493 billion
Russia: $432 billion
India: $392 billion
South Korea: $384 billion
Brazil: $365 billion
Germany: $356 billion
France: $343 billion
Sovereign wealth funds (2020 estimates):
Abu Dhabi Investment Authority (UAE): $828 billion
Saudi Arabia Public Investment Fund (PIF): $620 billion
Norway Government Pension Fund Global: $570 billion
Kuwait Investment Authority: $459 billion
Qatar Investment Authority: $450 billion
China Investment Corporation: $434 billion
Russia National Wealth Fund: $398 billion
Singapore Temasek Holdings: $374 billion
Hong Kong Monetary Authority Investment Portfolio: $363 billion
Follow the dinars. Today in Baghdad By the Sea.
"Trump, whose Doral resort is scheduled to host the Saudi-backed LIV Golf tournament in April, has called on the oil-rich nation to invest $1 trillion in the United States. His son-in-law Jared Kushner — whose private equity firm does business with the Public Investment Fund — is scheduled to speak Thursday at the event with Middle East Envoy Steve Witkoff about the possibility of a “new era” of investment between the Middle East and the United States."
Read more at: https://www.miamiherald.com/news/business/article300520989.html#storylink=cpy
A perfect opportunity to discuss Gaza. https://www.tripadvisor.com/Hotels-g6697294-zff12-Gaza-Hotels.html
https://en.wikipedia.org/wiki/Blue_Beach_Resort,_Gaza
Saudi has the largest economy in the Middle East and is considered a high-income economy by the World Bank. But actually by comparison we are wealthier.
In case you don't remember I thik they have been undermining our economy via OPEC since 1973 and own our largest refineries and control many major "American" energy companies. I think we should sue to recoup lost Treasury receiprts and lost profits.
Arbitrarily high energy prices act like a tax on all of ujs.
Nominal GDP (2020 estimates):
United States: $22.67 trillion
China: $16.14 trillion
Japan: $5.15 trillion
Germany: $4.24 trillion
United Kingdom: $2.62 trillion
India: $2.55 trillion
France: $2.54 trillion
Russia: $1.73 trillion
Saudi Arabia: $773 billion
GDP (PPP) per capita (2020 estimates):
Qatar: $69,962
Luxembourg: $67,993
Singapore: $64,133
Ireland: $63,655
Norway: $62,759
Switzerland: $61,124
United Arab Emirates: $59,764
United States: $59,532
Saudi Arabia: $55,944
Netherlands: $55,538
Wealth per adult (2020 estimates):
United States: $105,602
Switzerland: $93,457
Hong Kong: $83,254
Singapore: $76,344
Norway: $74,144
Saudi Arabia: $67,144
Netherlands: $65,144
Denmark: $63,144
Sweden: $62,144
Australia: $61,144
Foreign exchange reserves (2020 estimates):
China: $3.22 trillion
Japan: $1.43 trillion
Switzerland: $814 billion
Saudi Arabia: $493 billion
Russia: $432 billion
India: $392 billion
South Korea: $384 billion
Brazil: $365 billion
Germany: $356 billion
France: $343 billion
Sovereign wealth funds (2020 estimates):
Abu Dhabi Investment Authority (UAE): $828 billion
Saudi Arabia Public Investment Fund (PIF): $620 billion
Norway Government Pension Fund Global: $570 billion
Kuwait Investment Authority: $459 billion
Qatar Investment Authority: $450 billion
China Investment Corporation: $434 billion
Russia National Wealth Fund: $398 billion
Singapore Temasek Holdings: $374 billion
Hong Kong Monetary Authority Investment Portfolio: $363 billion
France BPIFrance: $344 billio