Saudi Arabia's Megaproject Disaster!

In October 2026, Ukrainian drone strikes knocked out three of Yandex’s six major data centers, and a viral chart claimed that Russian bots had vanished from social media overnight. They hadn’t. In this video, we look at what the strikes actually hit: Yandex’s search crawlers, Rus ...  Show more

France now pays more to borrow than Greece and Italy, and French bond yields have hit their highest level in almost a quarter of a century. In this video, I look at why the French debt crisis is happening now: a global bond market selloff driven by AI spending and the Iran energy ...  Show more

One pillar of Saudi Arabia’s ambitious Vision 2030 development plan is NEOM, a land development, tourism, and model city project that is projected to cost at least a half a trillion dollars. Last week, NEOM’s CEO left suddenly. Asher Grant-Sasson speaks with Jon Alterman, directo ...  Show more

Saudi Arabia, Qatar, the UAE and other oil rich Middle Eastern states have announced plans to collectively invest trillions of dollars in new megaprojects, the most extreme of which is Saudi Arabia's $1 trillion 170km skyscraper called The Line. Why are these countries spending s ...  Show more

From the Sydney Opera House to a basic kitchen renovation there are thousands of examples of construction projects large and small which go horribly over budget.Professor Bent Flyvbjerg has compiled a database of 16,000 projects, and by his reckoning only 8.5% them meet their ini ...  Show more

Headlines: "Those Who Miss Out on Aramco Shares Will Regret It," Says Saudi Minister as Kingdom Unearths Oil & Gas RichesControversy Sparks Over Talaat Moustafa Group's $21 Billion MegaProject Amid Economic Struggles andMurder Case HistoryEgypt Hits Record 7.1M Tourists, $6.6B Re ...  Show more