Welcome to Backchannel — the weekend briefing from The Closer, where we break down the week’s smartest plays in dealmaking, business, and influence.
This week’s centrepiece: Saudi Arabia’s $8 billion write-down on its most ambitious Vision 2030 projects — widely framed as a setback, but, as we argue, better read as a sign of strategic maturity. We’ve paired that deep dive with our Top Reads: Zelenskyy’s “moment of maximum pressure,” Greenland’s rare-earth geopolitics, a clean-energy comeback, the inside game of Target’s CEO search, and more.
If you’re already a paid subscriber — thank you. You’re helping raise the bar for serious, independent deal intelligence. If not, now’s the moment to join.
And if you’ve got thoughts — on what we’re nailing, what we’re missing, or what you want more of — I want to hear them.
— Bradley
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