Where Did the Democratic Party’s Pro-Hamas Wing Come From?
May 3, 2024
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This podcast discusses the US Southwest outpacing Kuwait in crude oil production, the International Criminal Court's threat to arrest Israeli officials, the financial industry moving from NY and CA, and how support for Hamas may divide the Democratic coalition.
29:07
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Quick takeaways
US Southwest pumps more crude oil than Kuwait, causing geological changes and concerns for local communities.
International Criminal Court poses threats to Israeli officials and Hamas leaders, complicating aid delivery and responses to attacks.
Deep dives
Oil Production in West Texas and New Mexico
Drillers in a desert area spanning West Texas and New Mexico are extracting more crude than Kuwait. The frenzied oil production has caused land to sink and rise significantly. Concerns have been raised as geological changes occur due to the extraction of oil and water, impacting local communities.
International Criminal Court and Israeli Officials
Israeli officials fear arrest warrants from the International Criminal Court related to the conflict with Hamas. The court may also target Hamas leaders. The situation poses challenges as officials could face accusations regarding humanitarian aid delivery to Gaza and responses to attacks from Hamas.
Financial Industry Exodus from New York and California
New York and California have faced an exodus of firms managing nearly $1 trillion in assets over three years. This departure of high-paying jobs is straining city and state finances by reducing tax revenue. Commercial property markets are feeling the effects while adapting to hybrid work dynamics.
This week, Walter and Jeremy discuss the US Southwest pumping more crude oil than Kuwait, the International Criminal Court’s threat to arrest Israeli officials, the financial industry’s exodus from New York and California, and how support for Hamas could split the Democratic coalition.
Each week on What Really Matters, Walter Russell Mead and Jeremy Stern help you understand the news, decide what matters and what doesn’t, and enjoy following the story of America and the world more than you do now. For more, check out tabletmag.com/what-really-matters. You can read Walter Russell Mead’s Tablet column here, and check out more from Tablet here.