20-05-2025
A Spendthrift Saudi Arabia Can't Finance the World Anymore
Hello from Doha. I'm Erik Schatzker, editorial director of Bloomberg New Economy, bringing you a special edition of the newsletter from this year's Qatar Economic Forum. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here.
When Trump traveled to the Persian Gulf last week looking to secure deals for US companies, he was following a well-worn trail. Western asset managers figured out years ago that the region's growing piles of fossil-fuel revenue presented the world's best source of fresh capital.
