oil company doing a internal local deal with the biggest petro chemical manufacturer maker in saudi arabia their number two world why they want to become the number one petrochemical producer in the world but you know what foreign investment will be the key and f.b.i. foreign direct investment but get this has gone down from two thousand and eight forty billion dollars of investment in saudi arabia from foreigners foreign companies foreign countries down to one point four billion in two thousand and seventeen so that's going to be a problem and shogi the way they treat women there's a new report out from amnesty international that despite the progress with women they could drive cars they could be seen in public but guess what this still being imprisoned this still being tortured and sexually assaulted in those prisons says amnesty international so publicly owned companies are going to think hey do we want to be associated with m.d.s. and his policies it's funny how you know directing murder has a negative influence on people sometimes steve while there is a fair bit of competition

year with aramco there was a big deal that the sixty nine billion dollar purchase of sabich which is a petro chemical company also under the the saudi arabian state but they just got a whole infusion of cash and a lot of people there is saying there are critics out there not only criticizing the things on the political side like to criticize like bad behavior politically but also they're saying that this is vastly overrated the whole chase after these bonds event and that actually it's inflated but anyway you turn it one hundred billion dollar. which is absolutely incredible for the saudis yeah it's hard to believe that it's not inflated that when you do have someone like jamie dimon coming out though and kind of as you said pumping the tires on this thing gives a little more credence i guess to investors but all of this kind of plane into the saudi crown prince mohammed bin solomon's plan he was to defer diversify he says the saudi economy when the nation of of oil dependence we know he's been doing that a lot of it's been happening in silicon valley is trying to get heavily into the tech s

to recycle those petro dollars into our debt markets because we're at an unsustainable level at one point one trillion for this year and this is a non recessionary year. thank you so much former pentagon official michael maloof and david many of the many financial company thank you so much for your time here. thank you. and now to break down how all of this will affect other producers we welcome aarti correspondent alex mahela bitch. so with all the blacklist on the iranian oil we see the opec oil producers and others are proceeding cautiously with their reactions what can we expect. well let's see what we're seeing right look talk about what we're seeing right now and that's people like you and me in our viewers who are driving cars they've seen the numbers jump or rather you go to the gas station everything's got a little bit more expensive and this is something that we're going to see. happen over the next few months and it's something that we've seen about six months ago this is the biggest spike in the six months so we're talking according to our b c capital markets they're say

dollar ok starting a seventy one we want the petro dollar that was a quid pro quo you know we'll buy your oil you buy our bonds right that's the one american not the gold standard next and go right and it's gone now in a petro dollar so now they've been dumping dollars the world's been dumping dollars here in energy guy you want to make sure americans get a fair price of energy if the dollar no longer will reserve currency because saudis and the israelis are doing something with iran and now you get their runs to say well we don't even want to be a part of this u.s. dollar reserve car anymore when to dump it and purchasing power my money goes down right sumpin five six seven eight dollars a gallon at the pump because of this macroeconomic stuff true or false it could happen i mean a bunch of nations have been frightening for a long time to to take the dollar away from but isn't that on the title your list of risks you know to the american energy consumer while i mean that's why public citizen has been pushing so hard to minimize our exposure to global oil markets and the best way to