Saudi Arabia Returns to Eurobond Market as Gulf Tensions Ease

The video discusses Saudi Arabia's recent $5 billion debt issuance, which is part of a larger $32 billion borrowing plan for the year. Despite regional tensions and a spike in oil prices, investors have shown confidence in Saudi Arabia's economic stability. The video also touches on allegations against the Crown Prince regarding the hacking of Jeff Bezos's phone. The focus then shifts to Saudi Arabia's budget strategy, highlighting a shift from government stimulus spending to encouraging private sector growth, with investments in projects like NEOM and the entertainment city outside Riyadh.

What impact did the spike in oil prices have on investor sentiment towards Saudi debt?

What are the implications of the allegations against the Crown Prince regarding Jeff Bezos's phone?