Gulf states lash out at Lebanon. Cash-strapped Lebanon is grappling with yet another crisis after Saudi Arabia expelled its ambassador, a move promptly followed by the UAE, Bahrain, and Kuwait in solidarity with Riyadh. The trigger? A Lebanese minister had previously criticized the Saudis' involvement in the ongoing war in Yemen, suggesting that the coalition led by Riyadh was the aggressor in a conflict with the Iran-backed Houthi rebels. Indeed, this latest episode reveals that Lebanon — which has long been plagued by sectarian tensions — yet again finds itself in the crosshairs of the Iran-Saudi rivalry. (Saudi Arabia ceased giving aid to Beirut since the-Iran backed Hezbollah movement has gained increasing influence in Lebanese political and social life.) But since billionaire tycoon Najib Mikati was appointed Lebanon's PM in September, the US and France have been lobbying the Saudis to soften their hardline approach to Lebanon, which the Gulf views as an Iranian client state, and reinstate aid to the crisis-ridden country, where three-quarters of the population now live below the poverty line. The latest episode shows that despite speculation of a détente between Tehran and Riyadh, deep animosity persists.
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Getting access to energy, whether it's renewables, oil and gas, or other sources, is increasingly challenging because of long lead times to get things built in the US and elsewhere, says Greg Ebel, Enbridge's CEO, on the latest "Energized: The Future of Energy" podcast episode. And it's not just problems with access. “There is an energy emergency, if we're not careful, when it comes to price,” says Ebel. “There's definitely an energy emergency when it comes to having a resilient grid, whether it's a pipeline grid, an electric grid. That's something I think people have to take seriously.” Ebel believes that finding "the intersection of rhetoric, policy, and capital" can lead to affordability and profitability for the energy transition. His discussion with host JJ Ramberg and Arjun Murti, founder of the energy transition newsletter Super-Spiked, addresses where North America stands in the global energy transition, the implication of the revised energy policies by President Trump, and the potential consequences of tariffs and trade tension on the energy sector. “Energized: The Future of Energy” is a podcast series produced by GZERO Media's Blue Circle Studios in partnership with Enbridge. Listen to this episode at gzeromedia.com/energized, or on Apple, Spotify,Goodpods, or wherever you get your podcasts.
How Trump fails, nuclearization, geopolitics on AI, and more: Your questions, answered
Welcome to another edition of my mailbag, where I attempt to make sense of our increasingly chaotic world, one reader question at a time.
Bank of America is proud to support the preservation of 110 presidential portraits at the Smithsonian’s National Portrait Gallery. Through its Art Conservation Project, which launched in 2010, Bank of America has helped restore thousands of works around the world. Learn more about Bank of America’s commitment to the arts.