Latest / Washington Post / 5.11.26
Transcript
- 0:00Speaker 1: Good morning, everybody, and welcome to the reading of the
- 0:02Washington Post for this Monday, May eleventh. As a reminder,
- 0:07RADIOI is a reading service intended for people who are
- 0:10blind or have other disabilities make it difficult to read
- 0:14printed material. Your reader for today is Rod Brotherton. And finally,
- 0:20all good things come to an end. We've been reading
- 0:23the Sunday op ed piece by Paul Prather for decades,
- 0:28I guess, but Paul retired this last week and we
- 0:32read his last column. So we'll try to find something
- 0:36else to lead in, or we'll just read.
- 0:38Speaker 2: The news from the Washington Post.
- 0:40Speaker 1: This is what we're exactly going to do today, and
- 0:44our first story, Confident in China's Power Z is rated
- 0:50a host unpredictable Trump. President Trump is set to visit
- 0:57China this week for the first time since twenty seven,
- 1:01when he received a red carpet welcome from children waving
- 1:05American and Chinese flags and Chinese officials hoping to negotiate
- 1:11with the leader they viewed as a pragmatic businessman and
- 1:15deal maker. This time, Trump will return to a Beijing
- 1:21that is far more powerful confidence seat of global power
- 1:26than a decade ago. With the seasoned leader Xi Jinping
- 1:31now understands Trump weaponize his unpredictability and holds no illusions
- 1:38about making lasting deals with the American leader. Instead, Z
- 1:43wants to protect China as a more reliable and responsible
- 1:48counterweight to US volatility. US and Chinese expert c China's
- 1:56comprehensive national power has grown significantly since twenty seventeen, said
- 2:02William Klein, who arranged Trump's visit at the time as
- 2:07a senior official at the US Embassy in Beijing. The summit,
- 2:12which was delayed from March because of the war in Iran,
- 2:16comes as the US is mired in the Middle East
- 2:19conflict that shows no sign of winding down. Trump's standing
- 2:26domestically and worldwide has also been weakened because of the
- 2:29public's dissatisfaction with the war and severe damage to the
- 2:33global economy. As they met this week, Z and Trump,
- 2:40leaders of the world's two biggest economies, are looking to
- 2:43stabilize the bilateral relationships after tit for tat export controls
- 2:49and sweeping US sanctions on Chinese shipping firms and vessels
- 2:55suspected of doing business with the Iranian regime.
- 3:00Speaker 2: In more than.
- 3:00Speaker 1: Fifteen months since Trump's return to the White House, z
- 3:05has displayed confidence in going toe to toe with his
- 3:08American counterpart, refusing to blink a response to repeated tariff
- 3:13threats and instead negotiating what was largely viewed as a
- 3:17mutual de escalation. China, after almost a decade of dealing
- 3:23with the US, has more experience and confidence now and
- 3:27is more clear minded, said Wang Hu y'all, a government
- 3:32former policy advisor and the president of the Center for
- 3:36China and Globalization, a Beijing think tank ers are also
- 3:42growing among American allies and partners in the region that
- 3:47ZI may use the meeting this week to push for
- 3:50US concessions on Taiwan and weaken Taiwan's ability to defend
- 3:55itself in the case of a Chinese attack the Chinese
- 4:00He's Communist Party It's never ruled Taiwan, but claims it
- 4:05as a territory. The protracted war in Iran and the
- 4:11US shift of military assets to aid US Israeli efforts
- 4:15there already left Taiwan, Japan, and other US partners in
- 4:20the region worried about the readiness in America's capacity to
- 4:25intervene in case of a Chinese attack. Chinese Ana. Let's say,
- 4:30z hopes to convince Trump to go further than the
- 4:33US policy by recognizing Beijing's claim that Taiwan is part
- 4:39of China, rather than merely acknowledging it, noting that Trump
- 4:45has not confronted China over Taiwan compared to his predecessors.
- 4:51When Trump visited Beijing in twenty seventeen, Zi was in
- 4:55the midst of a sensitive leadership transition, solidated power within
- 5:01the Chinese Communist Party, and signaled his intent to dominate
- 5:06Chinese politics for decades to come. Since then, Ze has
- 5:13solidified his position, securing an unprecedented third term in twenty
- 5:18twenty three, investing in heavily in technology, artificial intelligence, manufacturing,
- 5:27and green energy measures that have made the Chinese economy
- 5:31a more formidable rival to the United States. These efforts
- 5:37have stoked to belief in Beijing that China won't make
- 5:41one sided compromises this time. It has all the means
- 5:46to fight back if the US bullies China again. Wyang
- 5:49said that willingness to fight back was on display late
- 5:55last year, when Beijing wielded its near monopoly on rare
- 6:00earth minerals in the face of mounting Trump tariffs, China
- 6:05retaliated with sweeping export controls that tightened the global access
- 6:11to critical law materials required for advanced technology, set the
- 6:16stage for the trade truce in October. The incident forced
- 6:21Beijing astray from its foremost desire for stability in the
- 6:25bilateral relationship, even when it resulted in some punitive measures
- 6:30that China had to accept. According to former Trump administration officials,
- 6:36who again spoke on the condition of anonymy in the
- 6:40second term, when Trump went so far, they sort of recalculated,
- 6:45recalibrated their approach to dealing with them.
- 6:48Speaker 2: When former official sit.
- 6:51Speaker 1: It seems like they understood that if you just keep
- 6:54kind of appeasing Trump or keep acquiescing to his threats
- 6:58and demands, that is just going to be never ending.
- 7:05Z's refusal to ben showed us that China not only
- 7:10holds all the cards on rare earths, he's willing to
- 7:13use that leverage. Second former official set, we cannot underestimate
- 7:21the rare earth's chokehold that China has over US as
- 7:25playing into every calculation. The second official set, describing the
- 7:30new US administration's view, they truly feel the potential impact
- 7:38they're asking themselves what would happen if China were to
- 7:41use that leverage again, what that would mean for the
- 7:45American economy. Then in February, the US Supreme Court struck
- 7:51down most of the import taxes Trump had imposed, including
- 7:56one hundred and forty five percent levee on Chinese imports,
- 8:00delivering another win to Beijing. In the latest sign of defiance,
- 8:06China's Ministry of Commerce issued an injunction earlier this month
- 8:11to block US sanctions imposed on five Chinese refiners accused
- 8:17of buying Iranian oil. China believes that it's such a
- 8:22powerhouse that it does not need to honor Trump's transactional policies.
- 8:28It's able to beat the US at its own game,
- 8:31said Shing ging Li, an independent international relations researcher in Shanghai.
- 8:39In a way, China may either be overestimating its own
- 8:44strength or greatly underestimating that of the US. By contrast,
- 8:52China had been very very careful to pick its fights
- 8:56with the United States. It tried to minimize any cost
- 8:59of pair itself as it responded to American pressure, said Klein.
- 9:05Was now a Berlin based partner at FGS Global, a
- 9:09consultancy that hasn't changed now, Klein said, China now believes
- 9:16that it can incur friction with the United States in
- 9:20certain fields add an acceptable cost to itself. While z
- 9:26has sought to project China's a rising superpower, Beijing officially
- 9:32refrains from endorsing the term G two, which Trump has used,
- 9:37with China reluctant to suggest that accepts the idea of
- 9:41dividing spheres of influence, But state affiliated scholars point to
- 9:47a tacit recognition that China and the US are a
- 9:52de facto G two, with China now viewing itself as
- 9:57a peer of the US in managing the affairs, said
- 10:01may Zin Yu, senior researcher at the Chinese Academy of
- 10:05International Trade and Economic Cooperation, a think tank affiliated with
- 10:11the Ministry of Commerce. We are seeing a lot less
- 10:15talking tough on China's inn compared with eight years ago,
- 10:20because we now let the strength speak for itself, he said.
- 10:26During Trump's November seventeen visit, China went all out. It
- 10:31built the even as the state visit plus, meaning Beijang
- 10:36would go beyond the usual levels of hospitality for state.
- 10:42Trump hosted Zi and his wife at mar a lago
- 10:45earlier that year, and Z wanted to return the favor,
- 10:49and then some Z took the rare step closing down
- 10:55the Imperial Palace complex of the Forbidden City to host
- 11:00Trump and First Lady Millennia. Trump heavily secured private visit
- 11:05to the t Pey King opera performances, a state banquet
- 11:11that included group of file at Kung Powell, chicken, and
- 11:16Chinese wine. At the time, China had high expectations for
- 11:22a trade deal with the US, only to be shocked
- 11:25and humiliated. Trump announced a trade war almost immediately after
- 11:30his Beijing trip. Chinese analysts said, now Z is entering
- 11:36the summit with minimal expectations. Respective concrete deliverables are limited,
- 11:43and Trump is too engrossed in the war to ponder
- 11:46trade relations with China, said Wang Yewei, a former Chinese diplomat,
- 11:52was now a council member in the state affiliated Chinese
- 11:55People's Institute of Foreign Affairs. Chinese side also has expressed
- 12:02frustration a lack of official preparation for the summit compared
- 12:06to twenty seventeen. The White House, for instance, did not
- 12:10send senior officials to Beijing for planning meetings to hammer
- 12:15out the details of agreements ahead of time. This may
- 12:18also be tempering expectations in Beijing, which typically negotiates joint
- 12:24statements with fastidious attention. Nonetheless, a successful summit is as
- 12:31important to Z as it is to Trump, given that
- 12:35Z needs to maintain his grip on power, keep elites happy,
- 12:40and sustain domestic support, said Susan Shirk, a former senior
- 12:46US official on China. That points to lingering in security
- 12:51on Z's part, even how he has centralized power, she said,
- 12:57Underneath all that is Z jen Ping as an individual
- 13:02dictatorial leader, said Shirk, now Director emeritus of the Twenty
- 13:07first Century China Center at the University of California at
- 13:11San Diego. Preventing the downward spiral hostile adversarial competition matters
- 13:19to him. Policymakers in Beijing also face mounting pressure to
- 13:25prevent further deterioration in ties with Washington, as renewed trade
- 13:30frictions could undermine efforts to extricate the Chinese economy from
- 13:36a protracted down slow down. Despite growing tech prowess and
- 13:43booming exports, China in March cut its growth target to
- 13:48the lowest level since the early nineteen hundreds as it
- 13:52struggles to find a new growth engine amid a prolonged
- 13:55property slum, weaken the consumer spending, and uns certain these
- 14:01in global trade. The war in Iran is also complicated
- 14:06matters for Beijing, which has friendly relations throughout the Middle East,
- 14:11wants to maintain distance from the conflict. Beijing is increasingly
- 14:17anxious about the spillover effect of the war and the
- 14:20horror MoES blockade. In a Pollup Bureau meeting last month,
- 14:26Zi and other senior leaders stressed the need to tackle
- 14:30external impacts systematically, enhance the level of energy security, a
- 14:37hedge against the multitude of uncertainties. According to Chinese state
- 14:42media outd Xinghua News Agency, despite its concerns, Beijing sees
- 14:50twenty twenty six is a big year for US China relations,
- 14:54with Z and Trump expected to meet as many as
- 14:58four times. To Z, meeting Trump is a symbolic opportunity.
- 15:06Chinese experts say Z wants to show relations are on
- 15:09the mend. His government is working to approve the business environment,
- 15:15boost foreign trade, and revive the economy. Out of all
- 15:21the countries in the world, it is the US has
- 15:26the biggest impact on China's security interests and development. Whang
- 15:31ye Way said, so China has a stronger desire stabilize
- 15:38and improve relations with the United States. Back here domestically,
- 15:45why the Colorado River is once again facing a water crisis.
- 15:52The situation on the Colorado River has rarely been more
- 15:56dire than in this moment. The snowpacks that feed the
- 16:00river are the smallest on record. The reservoirs that hold
- 16:06the majority of its water are nearing historic loves. Either
- 16:11a stopgap proposal aimed at stabilizing the nation's largest reservoir
- 16:17nor a late season snowstorm are sufficient to avert a
- 16:20looming water crisis, experts say, but with Western states and
- 16:25an impass and negotiations over the river's future, recent short
- 16:30term winds may be at least temporarily holding off cuts
- 16:33to people's water supply in the lower part of the basin.
- 16:39We had to do something to ensure that the river
- 16:42systems didn't completely crash, come Bush Kasati, director of the
- 16:48Arizona Department of Water Resources, set in an interview on Wednesday. Arizona, California,
- 16:56and Nevada in recent days offered a short term water
- 17:00savings proposal The plan would create new incidives for conservation
- 17:06and pay some water users to give up their annual allotment,
- 17:10which officials from the lower three basin states say will
- 17:14save three point two million acre feet of water through
- 17:18twenty twenty eight. Those measures will hopefully be enough to
- 17:23help maintain safe water levels and Lake Mead, which powers
- 17:28the Hoover Dam and provides water to roughly twenty million people.
- 17:35That breakthrough comes as the US Bureau of Reclamation, which
- 17:39manages the dams that control the Colorado's flow, began to
- 17:44release billions of gallons into Lake Powell, the river's second
- 17:49biggest reservoir. The influx aims to prevent water levels from
- 17:54falling solo that the reservoir can no longer produce hydro power,
- 18:00something that the agency estimated might happen as soon as August.
- 18:04Without intervention, Lake Powell, one hundred and eighty nine miles long,
- 18:11is only at twenty two percent of total capacity. If
- 18:17the waterfall to sixteen percent of capacity, water will no
- 18:22longer be able to flow through the dam's electric power generators. Meanwhile,
- 18:29an unusual mastorm brought as much as thirty inches of
- 18:32snow to parts of the Rocky Mountains last week, helping
- 18:36to supplement the low snowpack after a record hot and
- 18:40dry winter. But none of these developments make enough of
- 18:45a dent in the larger crisis facing the Colorado, says
- 18:49Sarah Porter, director of the Keel Center for Water Policy
- 18:53at Arizona State University. States in the lower basin Arizonalifornia,
- 19:00and Nevada and the upper basin Colorado, New Mexico, Utah,
- 19:06and Wyoming have failed for years to reach a long
- 19:11term agreement on how to share the river supply water.
- 19:16With key guidelines for operating the river set to expire
- 19:20this autumn, the Bureau of Reclamation is in the process
- 19:25of developing a preferred plan for future management. The agency's decisions,
- 19:32expected to come this summer, will determine how cuts are
- 19:36allocated among the rivers forty million users.
- 19:41Speaker 2: But after decades.
- 19:43Speaker 1: Of overuse and a prolonged megadrought, scientists say is made
- 19:48worse by climate change, only a fundamental shift the way
- 19:53the Western US uses water can prevent the river from
- 19:57becoming catastrophically overdrawn.
- 20:01Speaker 2: According to Port.
- 20:04Speaker 1: Sort of shows how bad the impasse is, she said
- 20:07of the conservation proposal of the Lower basin states, it's
- 20:11not a solution, that's what they can agree on to
- 20:14try to stave off disaster.
- 20:19Speaker 2: Before last week's storm, the.
- 20:21Speaker 1: Snowpack that feeds the Colorado River was the lowest on record.
- 20:27According to the National Water and Climate Center, most streams
- 20:31in the basin were forecast to produce less than thirty
- 20:34percent of their average runoff. In the absence of a
- 20:40broader agreement on how to manage the shortfall, lower basin
- 20:44states feared the dwindling flows could cause the federal government
- 20:49to institute unilateral cuts. Because water into Colorado is allocated
- 20:55according to first come, first serve system, right holders, including
- 21:02major Arizona cities such as Phoenix and Tucson, could lose
- 21:06a significant fraction.
- 21:07Speaker 2: Of their water.
- 21:10Speaker 1: Under the proposal, the lower base and states agreed to
- 21:14reduce their water consumption by about one and a quarter
- 21:17million acre feet each year, equivalent to the water needs
- 21:22of roughly one point twenty five million to three point
- 21:25seven five million homes. They also suggested new rules for
- 21:31Lake Mead that would allow rights holders who don't use
- 21:35their annual full allotment from the reservoir to maintain the
- 21:40option to use that water in subsequent years. This approach
- 21:45provides a necessary bridge to stabilize the system in the
- 21:49face of deteriorating hydrology while preserving the opportunity. Bill Ford's
- 21:56a comprehensive seven state solution, both for the nurture and
- 22:01for the longer term. Lower base and water officials wrote
- 22:05a letter to the Interior Department on Friday, but the
- 22:09plan requires cooperation from the federal government. An email statement
- 22:16a Bureau of Reclamation spokesperson said the agency would review
- 22:21the proposal as it develops a strategy for the future
- 22:24of the Colorado, but the statement also emphasized the need
- 22:29for all seven states that rely on the river to
- 22:33find consensus. Even before human caused warming began disrupting Western
- 22:40snow and rainfall, Colorado River was dangerously over exploited, said
- 22:45Jack Schmidt, director of the Center for Colorado River Studies
- 22:49at Utah State University. Century old rules governing its use
- 22:56were developed during an unusually wet period for the region,
- 23:00leading officials to allocate rites to more water than the
- 23:03actually the river actually contains. But the situation has grown
- 23:09increasingly dot dire as the regional climate shifts hotter and drier.
- 23:16Human consumption routinely outstrips inflows, drawing down the water stored
- 23:21in the reservoirs. Lakes Powell and Mean, the two biggest
- 23:27reservoirs in the river, have not been full since the
- 23:31nineteen nineties and now are approaching historically low levels. This year,
- 23:39Schmid said, the paltry snowpack will supply about six million
- 23:45acre feet of water to the river, far less than
- 23:49the roughly thirteen million acre feet that people typically.
- 23:53Speaker 2: Use each year.
- 23:57Speaker 1: Even the snow that fell last week won't do much
- 24:00to help. Warmer spring temperatures will cause it to melt quickly.
- 24:05Extraordinarily dry soils will absorb most of the runoff. Schmidt
- 24:11compared the situation someone losing their job and then continuing
- 24:15to spend most of the money in their bank account.
- 24:19We basically have been spending more than our income throughout
- 24:23the twenty first century, he said, but really becomes a
- 24:28big crisis. We have a couple of years in a
- 24:31row that are very dry, and that's what we have
- 24:33now again.
- 24:37Speaker 2: Three years of.
- 24:38Speaker 1: Negotiations have deadlocked disagreement around how the pain of water
- 24:44cuts should be shared among the river's top forty million users.
- 24:49States in the upper Basin argue that they already use
- 24:53less than their fair share and naturally curb their consumption
- 24:57during years of low flow. They have resisted any agreement
- 25:03includes mandatory cuts to their use. Their conservation proposal, the
- 25:10Lower basin officials urge their Upper Basin counterparts to come
- 25:14up with their own verifiable water contributions keep water flowing
- 25:20through the river. They also reserve the right to sue
- 25:24the Upper Basin and the federal government if they don't
- 25:29receive what they believe is they're legally required water a lot.
- 25:35I don't think there's much to this to address the
- 25:38impasse between the two basins, Order said the next story,
- 25:45The Iran war threatens the dream of a post oil
- 25:48economy in the Gulf. The war in Iran has become
- 25:53a profound stress test long term economic futures of wealthy
- 25:58Gulf monarchies that have built reputations as global financial centers
- 26:03and increasingly tourist hubs and tech powerhouses. Even if the
- 26:09United States in Iran are soon to strike a deal
- 26:12that reopens the Straight of Four Moves, the contested narrow
- 26:16waterway that is a joke point for one fifth of
- 26:18the world's oil and gas economists worn conflict will have
- 26:24profound effects on the region's plans. The official narrative in
- 26:29these countries is that this economic crisis will be like COVID.
- 26:34Climb out of it will be very quick, said Frederick Schneider,
- 26:37a senior fellow at the Middle East Council on Global Affairs.
- 26:42But there are structural breaks that cannot be easily undone.
- 26:48Both the oil and non oil sectors are getting hit
- 26:52equally hard and are facing damage that is potentially long term.
- 26:59The same structure rule security weaknesses that challenging geography can
- 27:03have darkened the outlook for the region's fossil fuel economy
- 27:08that now threaten its emerging sectors. The prospect that are
- 27:13on can shut down the straight of hormones on a whim,
- 27:18shake the confidence of foreign investors, unravel the reputation of
- 27:23wealthy Gulf states safe harbors for business. Economies in Asia
- 27:29are already in doing. Serious fuel shortages, factory shutdowns and
- 27:36soaring prices for fertilizer as a result of the shutdown
- 27:40of the Strait is pushing leaders there to rethink their
- 27:44reliance on Gulf States for trade, driving up costs globally
- 27:50and raising questions about whether Western firms will be able
- 27:54to tap oil rich monarchies or investment the way that
- 27:57they have done in the past. Financial companies are questioning
- 28:02the wisdom expanding operations in a place where their office
- 28:06space could become a drone strike, target tourists or canceling trips.
- 28:12World Trade and Tourism Council estimating that the war cost
- 28:16the region six hundred million dollars a day in lost
- 28:20revenue during the first weeks of the conflict. Tech firms
- 28:25are at risk of losing the government investment bank rolling
- 28:28giant data center projects. The real estate sector is reeling
- 28:34as the foreign workers driving its growth. Where we think
- 28:38whether to move to the region. The outlook for restoring
- 28:43the oil and gas revenue is that still badly needed
- 28:47to run the area's economic makeup, where grows murkier every
- 28:50day and the conflict is not resolved. Both United Arab
- 28:56Emirates and Saudi Arabia pipelines allow them to avoid the
- 29:01straight of Horn moves, but Kuwait, Cutter Bahrain find themselves
- 29:07with no path out, said Andrew Lieber, a non resident
- 29:11fellow at the Middle East Program of the Carnegie Endowment
- 29:15for International Peace. They are economically under more pressure. Kuwait
- 29:22and Bahrain have seen what was once billions of dollars
- 29:25in monthly revenue evaporate. Bahrain was hit with a major
- 29:30downgrade and its credit outlook by Moody dropping from stable
- 29:33to negative. His key imports from the global economy grind
- 29:37to a halt. Cutter's plan to use its immense natural
- 29:41gas exporting infrastructure to buttress it's economy is in doubts.
- 29:46Exports are blocked, the production facilities are badly damaged from
- 29:51Iranian strikes. Even as Gulf nations have scrambled for solutions
- 29:57to export their oil and other import other goods, including
- 30:02via the pipelines in Saudi Arabia and the UEE and
- 30:07trucking networks across Saudi Arabia and alman the war has
- 30:12made clear how vulnerable these countries are, said Yuel Guzanski,
- 30:18a senior researcher head of the golf Research field at
- 30:22the Institute for National Security Studies, a research group at
- 30:27Tel Aviv University. As it maintains control of the Strait
- 30:32of Hormuz, Iran has also targeted both the East West
- 30:36Pipeline and the Fallujah Port in the UAE, which caught
- 30:41on fire Monday amid a barrage of attacks. Analysts warned
- 30:46that such threats could be hanging over the region four
- 30:49years as a durable peace deal that removes any risk
- 30:54of hostilities reignites seems increasingly unlikely. At the same time,
- 31:02countries reeling from the war's price shocks have scrambled for
- 31:06alternative energy sources, which could be permanently suppressed the global
- 31:12appetite for oil and gas. There is so much that
- 31:18needs to going to need to get the region to
- 31:21be rethought in the Golf Zanski Sid goth state leaders
- 31:26are projecting confidence that they will be able to carry
- 31:29out their blueprints for growth. A statement the UAE government
- 31:34said the country has adopted forward looking economic strategies that
- 31:39enhance its capacity to absorb any geopolitical and economic pressure.
- 31:45In this regard, there's no change to investment plans or
- 31:49long term economic priorities, it added, Yet pain is already
- 31:55spreading through Golf economies. Millions of dollars in infrastructure damage,
- 32:03heightened security threats from Iran, and loss of oil revenue
- 32:08already have countries diverting funds that once would have gone
- 32:12to foreign projects. Toward domestic needs, said Rebecca Patterson, a
- 32:18senior fell with the Council on Foreign Relations.
- 32:22Speaker 2: Those needs including.
- 32:24Speaker 1: Repairing oil and gas production the facilities, building expansive new
- 32:30pipelines that diminished reliance on the straight of hore moves,
- 32:34and boosting military spending. There are not short term projects.
- 32:41These are fundamental and potentially permanent shifting of priorities. Saudi
- 32:49Arabia has already scaled back its Vision twenty thirty initiative,
- 32:54which was an elaborate investment plan linked to twenty sixteen
- 32:58to spur the transition to a more diverse economy. Optional
- 33:03investments are getting cut, including a two hundred million dollar
- 33:07gift to the Metropolitan Opera in New York that was
- 33:11withdrawn last month. The Saudis also planning to stop funding
- 33:17the liv golf tournament. More Consequently, Patterson said big tech
- 33:23companies they relied on the Saudis to help bankrow their
- 33:27multi billion dollar data center projects in the Middle East
- 33:32in the US they need to start looking elsewhere for cash.
- 33:37It's not just foreign companies that fill the squeeze. Kuwait
- 33:43fallout from the war is underscoring how the practically free
- 33:47electricity that citizens and businesses take for granted may be
- 33:50unsustainable outages take it hold as demand for power outstrip supply,
- 33:58With the government reluctant to build more plants because it
- 34:02costs so much to subsidize them. They lose money on
- 34:08every kill a wa of electricity they sell, said Jim Crane,
- 34:12an energy scholar at Rice University's Baker Institute for Public Policy.
- 34:19Now the world is in an energy crisis. Citizens in
- 34:22Kuwait are shielded from those price signals, said some Gulf
- 34:28states are going to need to rethink the extravagant subsidies
- 34:32and free services that are a hallmark of the region.
- 34:36At the same time, the burgeoning tourism and real estate
- 34:40sectors that are the pride of the Gulf state leaders
- 34:44are under serious strain. We are all feeling it, said
- 34:50Raza and Anzani, a restaurant or on food critic in Dubai.
- 34:55There's pretty much no one coming in terms of tourists,
- 34:59he said, every everyone in the area, especially in the
- 35:01hospitality sector. He is really struggling. Hotels that were once
- 35:09buzzing with ex pats vacationers that are being mothballed. Restaurants
- 35:14are closing those able to stay afloat or having to
- 35:18remove from their menu's foreign sounding ingredients Immorati. Residents and
- 35:24foreigners who have remained in Dubai are trying to step
- 35:28up their spending locally to fill the void. There's a
- 35:33concerted effort by residents to spend, even if they are
- 35:36not spending what they once were. Said now, Masi, there's
- 35:41a spirit of resilience that.
- 35:43Speaker 2: I love seeing.
- 35:45Speaker 1: The region relies heavily on tourists and a massive immigrant workforce,
- 35:50their risks quickly eroding, with opportunities for blue collar employment diminish,
- 35:55and white collar executives from abroad contemplate say to live
- 36:00and work there. Asad Zangana, leads macro economic analysis of
- 36:09the Gulf for the research firm Oxford Economies, said this
- 36:13could be causing a real estate crash that may ultimately
- 36:18rattle the UAE's banking sector. There is a lot of
- 36:22concern about the real estate situation, he said. They don't
- 36:27see growth and immigrants who will buy all these properties.
- 36:34After the US and Israel attack to Ron in late February,
- 36:38the number of people searching on a property finder a
- 36:41company Akendazillo in the US dropped by seventy percent, said
- 36:48Sheriff Sleeman, the company's chief revenue officer. While searches have
- 36:54since bounced back to eighty percent of pre war levels,
- 36:58the number of transactions is of out sixty what it
- 37:02had been before the conflict.
- 37:05Speaker 2: Demand did not.
- 37:05Speaker 1: Go away, but people are sitting on the bench waiting
- 37:09to see what happens, he said. Still some argue the
- 37:15region has already cemented its place as a key global
- 37:18economic hub. It's become too big to fail. People are
- 37:23hungry to be there, Sleeman said, whether it's because of
- 37:27the weather, of the taxation platform or the stability in
- 37:32day to day live Patterson points to another factor. If
- 37:37you need capital to make new investments, where else do
- 37:41you go?
- 37:42Speaker 2: She said.
- 37:43Speaker 1: For decades, investments firms looks to China back big projects
- 37:51such as office complexes, golf courses, and data centers. At
- 37:56mid today's political tensions, of that kind is less attractive
- 38:01in many cases, and companies in the West seeking cash,
- 38:06Patterson said, are aware that sovereign wealth funds and the
- 38:10Middle East still control trillions of dollars in assets. They
- 38:15need the money, she said. And the next story Republicans
- 38:22who denied twenty twenty election results could be governors next year.
- 38:30Political figures who took leading roles and trying to overturn
- 38:34the twenty twenty presidential election appear on track to win
- 38:39the Republican Party's nomination for governor in several of the
- 38:43country's biggest battleground states, including Arizona, Pennsylvania, and Wisconsin. Their
- 38:50prominence shows how President Trump's claims that the election was
- 38:54stolen become an article of faith with the Republican Party
- 38:58in more than five years after Joe Biden was elected,
- 39:03and it means victories in this year's midterms elections will
- 39:06give Trump supporters who were central in his efforts to
- 39:09overturn the election key oversight roles in the twenty twenty
- 39:13eight presidential election, over which states hold main authority. The
- 39:20GOP feels for governor include activists who took vocal, sometimes
- 39:25official actions and support of Trump's claims to get victory
- 39:29in twenty twenty, a sheriff who recently seized ballots in California.
- 39:37Members of Congress voted to reverse the tw twenty results
- 39:40and back to lawsuits heeking to do the same.
- 39:45Speaker 2: Only a few of.
- 39:46Speaker 1: The candidates explicitly raised out about the validity of the
- 39:49twenty twenty election.
- 39:51Speaker 2: On their campaign.
- 39:51Speaker 1: Websites, at least thirty embraced overhauling election policies. Some promised
- 39:59to fight voter fraud and cheating, while other's reference what
- 40:03they call election integrity policies, such as mandatory voter ID
- 40:08and limitations on mail in ballots. Washington Post analysis one
- 40:14hundred and forty five Republican gubernatorial candidates webshites sows this.
- 40:20Democracy advocates and Democratic Party leaders say they're alarmed by
- 40:27the denial is let's say that the issue is likely
- 40:30to take a backseat to other voter concerns, such as affordability.
- 40:35Democrats are making a concerted effort connect denial of the
- 40:39twenty twenty outcome to broader themes such as corruption, economic anxiety,
- 40:44and insider dealing.
- 40:46Speaker 2: This is an important.
- 40:48Speaker 1: Issue, it's not the only issue, and it shouldn't necessarily
- 40:52be a lead thing, said Kentucky Governor Basheer, chair of
- 40:56the Democratic Governors Association, a group paring to make Republican's
- 41:00history and election denialism a key issue in twenty twenty six.
- 41:05Most everyone in the economy is struggling because of Trump
- 41:08and these folks are running. These election deniers were willing
- 41:12to do anything for the president, so they passed attempts
- 41:16to take an election and work to steal it. For
- 41:19a guy that made life tougher, he's certainly not going
- 41:22to stand up to him to try to make life easier.
- 41:26The races are underway as Trump and his administration seek
- 41:30changes on how the midterm elections will be run and
- 41:35continue to relegate how the twenty twenty election was conducted
- 41:41and relitigate that as well. Trump last month signed in
- 41:46executive orders subsequently challenged the Court of Course seeking to
- 41:50limit who can vote by mail. The Justice Department has
- 41:55seized twenty twenty ballots in Georgia taken possession of betrove
- 42:00of twenty twenty election data in Arizona. The Post contacted
- 42:06Republican candidates questioned the twenty twenty election results in seven
- 42:11states and asked how their views on that election would
- 42:14inform the possible terms as governor. None agreed to be interviewed,
- 42:19other than Mike Lindell, the My Pillow founder and Minnesota
- 42:22candidate who spent years promoting claims about stolen elections. We
- 42:28can't use computers in our elections, said Lindale, with long
- 42:33advocated hand counting paper ballots. He disputed the notion and
- 42:39focusing on elections was bad politics, saying he has a
- 42:43broad based platform aimed at reducing taxes, streamlining regulations, helping
- 42:49the homeless, identifying fraud and benefits programs. Others considered strong
- 42:56election candidates have been more circumspect about their views and
- 43:02previous actions as they came paying to win over general
- 43:05election voters. In Arizona, Representative Andy Biggs, the overwhelming favorite
- 43:13to win the Republican nomination for governor, was central to
- 43:18the Republican efforts in twenty twenty to block certification of
- 43:21the election results. Biggs, who was running with Trump's endorsement,
- 43:26joined a Friend of the Court brief and the Texas
- 43:28lawsuit aimed at voiding the election results in Pennsylvania, Georgia, Michigan,
- 43:35and Wisconsin, all states Trump won in twenty sixteen that
- 43:41Biden carried four years later. The spokesperson for Biggs said
- 43:48the congressman's focus from day one the campaign has been
- 43:54to make the consistent case to voters that Arizonas cannot
- 43:58afford Governor. Katie Hobbs, the Democrat, unless so the twenty
- 44:05twenty election. Biggs, in an interview with the radio show
- 44:09in Phoenix last week, declined to say whether Biden legitimately
- 44:13won the twenty twenty election. Top candidates in Georgia, Pennsylvania,
- 44:19and Wisconsin also played integral roles in Trump's twenty twenty
- 44:23efforts to sow doubt about his loss. Georgia Lieutenant Governor
- 44:29Burt Jones, Republican presidential elector in the state, in twenty twenty,
- 44:35signed an official looking certificate to claimed Trump won in
- 44:39Georgia and pushed for a special session aimed at making
- 44:43it a reality. Jones is in a competitive race to
- 44:47win the Republican gubernatorial nomination in Georgia. Stacy Garrity, Pennsylvania's
- 44:54Republican treasurer, who was Trump's endorsement for the gubernatorial nomination,
- 45:00told the crowd gathered state Capitol on January fifth, twenty
- 45:04twenty one, that the election from this November is tarnished forever.
- 45:11Campaign event with Trump in twenty twenty two, she said,
- 45:15we all know he won. And Wisconsin Representative Tom Tiffany,
- 45:22another Trump back candidate favored to win the GOP nomination
- 45:25for governor, voted to overturn Biden's win in Pennsylvania and
- 45:30Arizona said he would have done the same for Wisconsin
- 45:34if such a vote had been held. Tiffany, like Biggs,
- 45:39joined the unsuccessful Supreme Court filing that sought to reverse
- 45:44the results in swing states. The fallow twenty twenty five,
- 45:48Tiffany appeared at a GOP event with Michael Flynn, who
- 45:52briefly served as Trump's first national security advisor and has
- 45:57spent years amplifying election cannspiracy theories. Michigan has two elections
- 46:04skeptics mind for votes, one of them Representative John James,
- 46:09a Republican, ask a crowd last month if they believe
- 46:14Democratic state officials screwed Trump at twenty twenty and promised
- 46:18on his website to take citizens off the voter rolls,
- 46:24and state Senate Minority leader Eric Nesbitt told The Midland
- 46:28Daily News he believed Trump won the state in twenty twenty.
- 46:33Republicans usually have a tough time in deep blue California,
- 46:38but there is a chance the state's unusual primary system
- 46:43could leave two Republicans as the only candidates in the
- 46:46gubernatorial general election. One of the two leading Republicans. Chad Bianco,
- 46:53the sheriff of Riverside County, has drawn attention by seizing
- 46:57about six hundred and fifty thousands they were cast into
- 47:01November twenty twenty five election to redraw the state's congressional map.
- 47:07Bianco is acting on a complaint from a local group.
- 47:11Said in an interview last month that he would consider
- 47:14seizing ballots again after the June primary if he receives
- 47:18a similar complaint. In recent months, Republicans nationwide rallied behind
- 47:26the Save America Act, which would require Americans to provide
- 47:31proof of citizenship when registering to vote. The House has
- 47:36passed the measure, the backing of Biggs, James, and Tiffany
- 47:41and remain installed in the Senate. Support for measures like
- 47:46that will help inoculate Republicans who question the twenty twenty elections,
- 47:51said Jason Cable, Row of Republican Strategists in Michigan. But
- 47:57he said some of the Canada's comments about the twenty
- 48:00twenty election aren't helpful. Oh, it's silly because they know better,
- 48:04said Roe, the former executive director of the Michigan Republican Party.
- 48:10But you know, it's still what the base wants to hear.
- 48:14He said he didn't expect the issue to gain much
- 48:17traction in the election, especially Democrats focus on the economy
- 48:22and the price of gas. There's enough buddying of what
- 48:27everybody's feeling or about the election integer at this point.
- 48:32It may be a little even exasperation and exhaustion with
- 48:36re litigating an election that was six years ago that
- 48:40I don't know what it really matters that much to
- 48:43voters now, he said. An NBC News poll conducted in
- 48:48March found that inflation the cost of living with top
- 48:52issues on voter's minds at twenty twenty six. Threats to
- 48:56democracy coming in second elections focused on arguments about protecting
- 49:02democracy can present Democrats with a quagmire as well. In
- 49:08twenty twenty four, Democrats sought to counter Trump's rise by
- 49:13focusing on his role in undermining the election and the
- 49:17need to protect democratic norms. Those arguments largely proved unpersuasive,
- 49:23with voters far more focused on issues like prices, leading
- 49:29to Trump to win a second term with a unified
- 49:32power in Congress. Brian Limick, the president of Defend the Vote,
- 49:38a group focused on expanding access to voting, said Democrats
- 49:43and focus on both the economy and democracy, but not
- 49:48in a way that sounds out of touch with voters
- 49:50basic economic needs. As they did in twenty four Democrats
- 49:56learned a really valuable lesson that you need to be
- 50:00out there seeking and seeing and hearing from the voters
- 50:05what they want, what they need at a very human level.
- 50:09They said, Democracy protection is a huge priority for us.
- 50:15This election of nihilism is a real problem. Rather than
- 50:20focusing on institutional democracy, we need to connect corruption and
- 50:25democracy to the lives of voters and kitchen table issues
- 50:29to win this thing.
- 50:31Speaker 2: For the Democrats and our next story.
- 50:35Speaker 1: The anti woke vivic Ravaswami confronts racism in his run
- 50:41for the Ohio governorship. Vivik Ravaswami didn't mention the racist
- 50:49taunts that follow him online with the GOP primary opponent
- 50:54who said he's not a real American, but the Ohio
- 50:58gubernatorial candidate who clinched his party's nomination this week alluded.
- 51:04Speaker 2: To bigotry on the right.
- 51:06Speaker 1: In his opening message to a town hall full of
- 51:08young Republicans, Ramaswami, a Hindu son of Indian immigrants, warned
- 51:15the crowd against adopting the same victim mentality that he
- 51:20said had afflicted the left. The number one factor that
- 51:25determines whether you achieve your goals in life is actually you,
- 51:29he said to May first event. It's not the Jews,
- 51:34it's not white people, it's not the patriarchy, it's not
- 51:37the black people, it's not the foreigners. It was a
- 51:41striking message from a candidate who has long cast racism
- 51:45as an obsession of Democrats, has more recently confronted it
- 51:50on the right. After building his political career denouncing wokeness
- 51:55on the left, at one point dismissing the myth of
- 51:58white supremacy. In his twenty twenty four presidential campaign, he
- 52:03is trying to steer his party away from the extremist
- 52:06fringes flared up in his own race. Ramaswami, who is forty,
- 52:13won the GOP nomination easily on Tuesday, but an obscure
- 52:18primary opponent, Casey Putch, secured about eighteen percent of the vote.
- 52:23While the sailing Third Worlders, provoking blood and soil language
- 52:28used by Nazis and attacking Ramaswami as an Indian boy
- 52:33who co plays as an American, many Republicans dismissed people
- 52:39like Punch as an online agitator and who are best ignored.
- 52:44Some are still unnerved by the attractions they've gotten despite
- 52:47their embrace of open vigotory. The ugliness has made the
- 52:52Ohio governor's race one front and a broader GOP debate
- 52:57over extremism what to do about it. Stoked by the
- 53:01rise of white supremacist influencer Nick Fluentes and other like
- 53:06minded commentators, some Republicans want to draw a harder line
- 53:10against them. The racial resentments that others on the right
- 53:15have stoked win elections and cultural influence. In an op
- 53:19ed last year in The New York Times, Ramaswami raised
- 53:23alarms about the rise of gropers Fuente's molde limiting real
- 53:29reluctance from any former anti woke peers to criticize the
- 53:32new identity politics on the right. But many Republicans are
- 53:38also wary of giving any attention to the right's most
- 53:41extreme figures. These people live off the OxyS and that
- 53:45we give them, said Alex trinafflu, chair of the Ohio
- 53:49Republican Party. Similar tensions are playing out in other races,
- 53:55most notably in Florida or GOP gubernatorial candidate James Fishback
- 54:02calls his black opponent represented a Byron Donald's. By Ron
- 54:07recently told a black critic that should be lynched. Fishback
- 54:12is stuck in the single digits and public polling, but
- 54:14still seized attention with his ability to draw an enthusiastic
- 54:19young crowd. Ramaswamy opponents on the right say they're not
- 54:24going away. Push cast his showing on Tuesday as a victory.
- 54:30His campaign raised about one hundred and twenty thousand dollars,
- 54:33far less the Ramaswamy's and like the institutional support of
- 54:37the GOP and President Trump indorsed Ramaswami early. It really
- 54:42doesn't matter if we're fringe, said Joel Webbin, Christian nationalist
- 54:47pastor with more than one hundred thousand followers on x.
- 54:51He joined Push in Ohio this past week for a
- 54:54conference where speakers railed against a Jewish influence third world immigration.
- 55:01But she said doesn't have to win in order to
- 55:04prove the legitimacy of our movement. He suggested that movement
- 55:09could withhold support for Ramaswamy in November send a warning
- 55:14to the GOP. Squeaky will actually has a lot of power,
- 55:18weapon said. A right wing feud over who belongs in
- 55:23the GOP tent erupted last year when Tucker Carlson, the
- 55:28prominent ex Fox News host, brought Fluentes on his show
- 55:33for a friendly interview. It intensified. The president of the
- 55:38Conservative Heritage Foundation gave a vehement defense of Carlson, prompting
- 55:44others in the GOP to urge the party to denounce
- 55:47Fluentes and his allies. Any GOP politicians tried to stay
- 55:52out of the fighting. Ramaswami jumped in the conference last
- 55:58year the Conservative Youth Group Turning Point in USA. He
- 56:02used his speech to draw a hard line. If you
- 56:06believe in normalizing hatred towards any ethnic group, towards Whites,
- 56:12towards Blacks, towards Hispanics, towards Jews, toward Indians, you have
- 56:21no place in the confuture of conservative movement.
- 56:24Speaker 2: He said.
- 56:26Speaker 1: If you believe that Hitler was pretty ah and cool
- 56:31as Fluentis has said, you have no place in the
- 56:34future of the conservative movement. He also took aim at
- 56:39the aerage at the idea of heritage Americans that he
- 56:44saw gaining traction and corners on the right, the belief
- 56:48that people with long US ancestry have a greater claim
- 56:51to the country, which Ramaswami is called as loony as
- 56:55anything the woke and the left has put up in
- 57:01his New York Times up had published the same week,
- 57:03he said his social media feeds were littered with slurs
- 57:07and demands that he returned to India despite being born
- 57:10in Cincinnati. Soon he said he was quitting Instagram and
- 57:14x though his team would keep posting for him.
- 57:18Speaker 2: The races he's.
- 57:19Speaker 1: Seen online, he said at the time, was unrepresentative of
- 57:23real life, said has not heard a single bigoted remark
- 57:26from the voters he met in a year in touring Ohio.
- 57:30The ugin leand in this would continue to flare up
- 57:33in his own campaign. Oswami's team declined to make him
- 57:36available for an interview, butch built himself as a true
- 57:39American alternative Ramaswami launching a long shot campaign that personified
- 57:46the issues Ramaswami has raised. During the Turning Point conference,
- 57:50embraced followers of twentes he shares mocking decryption of Ramaswami
- 57:55is a blue Hindu deity, posted a gun wielding video
- 58:00in which he asked Grama Swam if he wanted to
- 58:01play Cowboys and Indians bad painter, He said, let an
- 58:06independent journalist asked him to say something negative about Hitler.
- 58:11He was obscure enough for Republican officials to dismiss him
- 58:14as a non factor in the race. Winches himself urged
- 58:18his followers to back Democrats over Republicans he dislikes, including Ramaswamy, said, do.
- 58:23Speaker 2: You even think push can win?
- 58:24Speaker 1: And this concludes the reading of the Washington Post for today, Monday,
- 58:27May eleven. Your reader's been Rod Brotherton, give me questions.
- 58:31Please let us know call us at eight five nine
- 58:34four two two sixty three ninety. Thank you for listening,
- 58:37and now please stay tuned for continued programming right here
- 58:41on Radio I