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00:00The other is the security component. This is great that we're having this wonderful discussion, but it is a dangerous neighborhood. We still have Iran to contend with, which has created a lot of mischief in the region, to say the least.
00:14The situation in Yemen, for the time being, appears to be more on the path of stability in terms of its curtailing its piracy on the high seas and, of course, its attacks on Saudi Arabia.
00:27So it remains a dangerous neighborhood, and Saudi Arabia will benefit greatly from a phrase the president used in his speech today, which was, the United States will always defend its interests and those of its allies.
00:41And there was a wild applause to this, and that is what's been referred to by Michael and others.
00:47I think this is the beginning of a more formal alliance with Saudi Arabia in terms of the military and protection of the United States in a more formal way than we have seen in the past.
01:01This is the beginning, and I believe that is exactly what the United States will pursue.
01:05Almost NATO-like relationship, particularly with Saudi Arabia and the United Arab Emirates, that an attack on Saudi Arabia or the United Arab Emirates is an attack on the United States.
01:16I think that ultimately will come out of this administration in the next two or three years.
01:20Do this.
01:36Yeah.
01:37We're here.
01:37We're here.
01:38We're here.
01:39We're here.
01:39We're here.
01:40You're here.