Wall Street Week | Dudley on Powell, Saudi Arabia Tourism, Israeli Tech Economy, Megapass Skiing
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This week, former New York Fed President Bill Dudley addresses the ongoing criminal investigation by the Justice Department into Fed Chair Jay Powell. Additionally, Saudi Arabia is making significant investments in tourism as part of its strategy to diversify its economy. The discussion also touches on the state of Israel's startup economy post-war and the impact of Epic and Ikon ski passes on the skiing industry, highlighting the balance between growth and experience for resorts and skiers alike.
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The discussion comes at a time when the U.S. economy faces various challenges, including inflation and interest rate adjustments, which are central to the Fed's operations. Saudi Arabia's tourism initiatives are part of its Vision 2030 plan aimed at reducing oil dependency. Israel's tech sector is under pressure to adapt following recent conflicts, while the skiing industry is witnessing a shift in how resorts cater to a changing consumer base.
This summary is based on information from Bloomberg and may not reflect all aspects of the discussed topics.
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