Podcasts about FDI

Ireland has spent the last two decades riding a unique position: European by treaty, American by economics, a “bridgehead” for US multinationals into the EU, and a country whose prosperity has quietly depended on America's outsized pull on global capital. But if the US and Europe drift into a real rupture, Ireland becomes the uncomfortable jockey straddling two horses heading in opposite directions. In this episode, we map the cold numbers behind Ireland's exposure, exports, FDI, and the corporate tax windfall, and then pivot to a genuinely optimistic idea: using the last of the US windfall not just to cushion the future, but to build it. Think infrastructure now, and a Schumpeter-style startup fund that turns the country into an innovation machine before the sugar daddy's money slows down. Hosted on Acast. See acast.com/privacy for more information.

China saw strong growth in new foreign-invested firms in 2025, with over 70,000 established—up 19 percent—while FDI stayed above $100 billion, led by gains in e-commerce, medical devices, and aerospace.

WIFI Woman of the Year and world traveler Darlene Collis of LSG talks shop and shows why she is the Fastener Ninja (1:05:51). On the Fastener News Report, Birmingham Fastener VP Anthony Crawl joins thread newsman Mike McNulty to marvel at the latest FDI numbers (19:18). Volt Industrial Plastics maven Heidi Volltrauer announces a voyage of her own (10:05). Carmen Vertullo presents his takeaways from the recent bolted joint symposium on the Fastener Training Minute (56:38). PLUS: Is the party really over for industrial property landlords? Brian hangs out with Horus and Eric bids farewell to an icon. Run time: 01:58:55

We all love winners. We love hearing about the big wins and the perfect track records. It feels good. It feels safe. It instills us with a sense of trust. But I've been in business long enough to know that virtually all individuals who are long-term winners have had profound moments of failure from which they learned invaluable lessons. Those are the people I really want to hear from. They have the kind of knowledge we all need as we navigate through life. It's called wisdom. Surgeons have a saying: “If you've never had a complication, you haven't done enough surgery.” In my surgeon days, I had a handful of complications. Let me tell you—they are no fun. You stay up at night replaying things in your mind, trying to figure out how you could have done things differently—how you could have had a better outcome. Even when unavoidable, those complications teach you something you'll never get from textbooks. It's been no different for me when it comes to business and investing. But I take comfort in knowing that even the greatest investors of all time had their moments of failure and rose from the ashes stronger and wiser. Warren Buffett. Ray Dalio. Every big winner has a story of failure. And while it may be cliché to say that we learn best from mistakes, I truly believe it. The good news is that those mistakes don't have to be our own. Learning from other people's mistakes can be just as effective. This week's episode of the Wealth Formula Podcast is with Russell Gray—a guy many of you already know from his podcasting and radio career. Russ lived through 2008 up close. He took a beating, and he talks openly about what went wrong. But that period also changed the way he sees the world—in a good way. It changed how he thinks about risk, leverage, and what actually matters when things stop going up. That mindset is a big reason he's been successful since then. It's a conversation worth your time. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  If you let the debt run, at some point you fall into a debt trap where the interest on the outstanding debt consumes all of the available discretionary income, and then you’re borrowing just to service the debt. Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast coming to you from Montecito, California. Before we begin today, I wanna remind you there’s website associated with this. Podcast called wealthformula.com. It’s where you will go if you would like to, uh, become more, uh, ingrained with the community, including getting on some of our lists such as the Accredit Investor Club. Of course, it is a new year and there are new deal flows coming through. Lots of opportunities that you won’t see anywhere else if you are a, an accredit investor, which means you. Make at least $200,000 per year for the last couple years with a reasonable expectation of doing so in the future. That’s 300,000 if you’re filing jointly or you have a million dollars of net worth outside of your personal residence. If you, uh, meet those criteria, you are an accredited investor. Congratulations. You don’t have to apply for anything, whatever, but you do need to go to wealthformula.com. Sign up for the Accredited Investor Club, get onboarded. And all you do at that point is look at deal flow, and if nothing else, you’ll learn something. So check it out. And who doesn’t want to be part of a club? Now let’s talk, uh, a little bit about today’s show. You know, um, we all love winners, right? We love hearing about big wins, the perfect track record. It feels good. It feels safe, gives us a sense of trust. But the thing is, I’ve been in business long enough to know that virtually all individuals who are, what you would call long-term winners, have had profound moments of failure from which they learned, um, invaluable lessons. So those are the people that I really like to hear from. You know, they have the kind of knowledge we all need that as we navigate through all of life, and it’s called wisdom. Um, surgeons, as you know, I’m an ex surgeon. Have a saying, if you’ve never had a complication, you haven’t done enough surgery. Uh, in my surgery days, I certainly, you know, had a handful of complications just like anyone else who did a lot of surgery. And, and lemme tell you, there, there are no fun, right? So you stay up at night replying things in your mind, trying to figure out how you could have done things differently, how you could have had a better outcome. And sometimes you realize that those mistakes were unavoidable, but. You still learn something from them. And in these cases, you always learn something that you’re not gonna get from the textbooks, just from reading something. And you know what, it’s been no different for me when it comes to business and, and investing, but I, I take comfort in the fact, uh, that even the greatest investors of all time had their moments of failure and arose from the ashes stronger and wiser. All you have to do is look up stories of Warren Buffet and Ray Dalio. And Ray Dalio basically lost everything at one point, uh, because he, you know, he had a macro prediction that went completely south. But listen, uh, the, the point I’m trying to make here is that every big winner, every big winner I know of as a story of failure. And while it may be cliche to say, you know what we learned best from our mistakes, I, I truly believe that. But the good news is that those mistakes don’t have to be our own, right? So you can learn from other people’s mistakes as well, and that can be just as effective. Uh, so this week’s episode of Well, formula Podcast is featuring a guy that you may know. His name is Russell Gray. Russ, uh, has been around a long time, uh, in the podcasting world. And radio. You know, he talks a lot. He’s talked many times to me at least about living through 2008. And you know what that was like, the beating he took and, you know, what went wrong? Uh, you know, it’s, it’s something that he talks about because, you know, he’s a successful guy and that period in time changed. You know, the way he sees the world, the way in which he behaves in that world. How he thinks about things like risk and leverage and you know, what actually matters when things stop going up. Uh, it’s a mindset thing and it’s important. Um, and we also obviously talk about other things as well, such as, uh, Russ’s current take on the economy. Uh, so anyway, it’s a, a good conversation and it’s one that you’re gonna wanna listen to, and we’ll have that for you right after these messages. Wealth formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying. You compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique, it’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its back. Turbo charge your investments. Visit www.wealthformulabanking.com. Again, that’s wealth formula banking.com. Welcome back to Show Everyone. Today my guest on Wealth Formula podcast is Russell Gray. He’s a second generation financial strategist and, uh, you may know him from being a, the former co-host of the Real Estate Guy Radio Show, which is one of the longest running, uh, uh, radio shows of its time, uh, in the United States. He’s, he’s a founder of. Raising Capitalist project, which is an initiative focused on helping aspiring investors and entrepreneurs how to better understand how wealth is actually created and how uh, economic systems really work. Uh, he’s best known for his emphasis on real assets, cash flow, economic cycles, and preserving wealth and what he views as an increasingly fragile financial system. Welcome, Ross. How are you? Good buck, happy to be here. And, uh, proud of your success on your show. I remember way back at the beginning you were like, Hey, I wanna start a podcast. Yeah. Yep. You’ve done a great job. Yeah, it was an idea. I was like, here’s the idea. Start a podcast, build a community, all that kind of stuff. But it’s interesting. Uh, well, and let’s talk about what’s going on now. You’ve spent decades teaching people about, you know, real assets and cash flow. But lately your writings feel more focused on systems and and macro forces. So what’s changed? Has something finally become too big to ignore? Well, I think there’s two things you know personally, uh, most people who have heard of me or followed me know that 2008 wasn’t kind to me. I was in the mortgage business. I was very leveraged into real estate all over the place. Had my businesses for cash flow, had the real estate for equity growth. Believed that real estate was hyper resilient and gonna be the beneficiary of inflation. Didn’t understand the dependency on credit markets in both my business and my portfolio. And so that was a big mess, not doing, uh, a real SWOT analysis and understanding. And the third part of that, that was tough, is that I operated the business primarily on credit lines as well. So I had virtually no cash. And so when the credit markets seized up. Canceled my income, it canceled my credit lines and it evaporated my equity. And now all I had was negative cash flow on debt, on real estate. I couldn’t control. And so I looked at that and I said to myself, you know, I’m a pretty smart guy. I. Pride myself on paying attention. So obviously I’m not paying attention to the right thing. So I became obsessed with the macro, uh, picture and, and the financial system, which, you know, to me it’s, it’s the macro economy is what’s going on with, uh. Geopolitics and the energy and, you know, even policy, uh, that affects, uh, how well money can flow through the system. Both monetary policy from the Federal Reserve and fiscal policy from the government now today in the Trump administration trade policy. And so I began to pay attention to all those things, but from the standpoint of not how it was gonna affect the stock market, but how it was gonna affect the bond market and interest rates and the availability of credit, and how it was gonna affect Main Street. Directly and specifically now in terms of jobs and job creation are real wages. And so when I started really looking at all that, um, I, I, I realized that there were some things happening that were gonna be really good, and there were also some things that we needed to pay attention to. And these things move very slowly. So in 2010. I saw that coming outta the financial crisis, the Chinese were very upset with the United States about how much the Fed Balance sheet was expanding, and they were concerned about their very large investment in US dollar denominated. Bonds, and so they began creating bilateral trade agreements with Russia and many other countries to where they could begin this large process of de Dollarizing. Well, that was the first time I’d seen that movie, because it was the same thing that the Europeans did after they saw the Nixon default. Right? They began working on the Euro, which took ’em from 71, 72 when they started, maybe 74 when they started, but it took ’em till 99 to get it done. But you know, once they got it in place, over time, the Euro, the Euro has taken over 20% of global trade. You know, that’s market share from the US dollar. And so I saw this BrickX thing beginning to form. Uh, and then I saw the other thing on the macro that I thought was gonna be really good was in the jobs act, something you’ve benefited from as a syndicator, we. I wrote that report, new law breaks Wall Street Monopoly. And so, uh, even though I, I can’t tell you I was a big fan of Barack Obama, but he signed that legislation that happened on his watch. And I think it was fantastic because now it allowed Main Street syndicators, main Street Capital raisers to advertise for accredited investors and began to really, uh, level that playing field and open up Main Street, uh, to invest directly in Main Street. And so I met you in the syndication program that we put together with the real estate guys to coach real estate investors on how to become capital raisers to, to capitalize on that trend. So that’s, you know, kind of how I kind of became doing what I’m doing. And then when I decided, uh, just about 20 months ago to depart the real estate guys, I wanted to take some of the things that I originally set out to do when I first met Robert Helms way back in the day. And, you know, as relationships go, you know, he has his interest in the things that he wants to do, and I had my interest in things I came to do. And for a long time we were aligned well enough to continue to work together. But it got to a point where, for me, I, I wanted to go off in a different direction, and part of that was driven. By the, the death of my late wife. Uh, you had me on the show right after that happened to me, and I was going through this like, who am I? Why am I here? What am I supposed to do next? What do I really want to get done before I die? And so all of those things kind of informed my personal decisions to, to make a switch. And then of course, what’s going on in the macro. Um, what I saw with Trump 1.0, what I saw in the Biden administration and those policies, and then what I thought would happen in Trump 2.0. And I did a presentation on this at the best ever conference in March of 2025, right after he’d been inaugurated. And, and so, uh, that, that’s kind of has me where I feel like there’s some real opportunity coming. Uh, there’s also some things we need to be aware of on Main Street. Yeah. So you’re bullish on Main Street in general, but you’ve been pretty cautious about the broader financial system. So, uh, what are the things that you’re worried about? Well, I, I think if you understand the way the financial system works, uh, it has a shelf life and that. It’s because it’s, it’s a system that is, depends upon ever increasing debt. Um, people say, I wanna pay the debt off, but if they, if they really understood the system, at least the way I think I understand it, uh, and I’m not alone in this, so it’s not something I just figured out on my own. But, um, you know. I, I don’t want to sit here and pretend like I’m the world’s foremost expert, but the way I understand the way the system works is that it, it requires ever increasing debt, and if we were to pay the debt off, it would collapse the system. So I think you waste a lot of time and energy and from a policy perspective, trying to argue about doing that. And I think that’s why it’s never, ever, no matter what administration, what politician, what mix of congress, what. Pressure there is everywhere globally. The system, the central banking system, the way it works globally, is designed to create ever increasing debt. So the, the flip side of that then is to let the debt run. And if you let the debt run, at some point you fall into a debt trap where the interest on the outstanding debt consumes all of the available discretionary income. And then you’re borrowing just to service the debt. Yeah, that’s about $1 trillion right now, by the way. Which is. Which is, uh, about the, the, the defense, uh, budget. Well, and I think that the bigger thing is when you look at, at the interest on the debt and mandatory spending, there’s virtually no room left after that. So if you’ve got, you’ve got the mandatory spending and you’ve got, um, debt service, you, you have very little room. So it’s not. Feasible either for two reasons. One is there’s just not enough discretionary room to be able to cut expenses enough to, to ever manage the debt. Number two, as I previously mentioned, if we were ever to effectively try to pay down the debt in any appreciable way, it would crash the the system. So the, the way I look at it is it’s, it’s, it’s got to be replaced. There’s going to be a great reset. I think the World Economic Forum was trying to set that up for the world, and they had an agenda. I’m, I’m not particularly fond of. Um, there’s been talk about creating a central bank digital currency, which I think is what, you know, the Federal Reserve and the, what I all call the wizards, uh, or the powers of B would prefer. Uh, but I think if you care about privacy and, and, you know, individual sovereignty, uh, and, and just personal freedom, um, I have a lot of concerns about a central bank digital currency. Um, I think the popularity of Bitcoin, uh, if it was, you know, and who knows what the. True origins were, but let’s just take it at face value. I think a lot of the people, at least that were the early adopters before it had the big price run up, was just a way to escape, uh, the system before it failed. And so you’ve got that. And then you’ve got, again, as I mentioned, the bricks and this global effort to de dollarize, which was I think really kicked off. After the great financial crisis and the massive expansion of the Fed’s balance sheet. And then I think picked up a little steam when we froze Russian assets and people began to see that the US might use the dollar and the dollar system, uh, for political instead of being neutral. And I think that picked up some steam. And, and so there’s, there’s both a geopolitical drive to. Uh, come up with a new system. There is, I think we’re at the end of a shelf life that some type of a new system is gonna have to be, uh, created. Uh, and, and then you look at what Donald Trump is doing and what he’s espousing. You know, let’s get rid of income taxes. Let’s get back to pulling in, uh, revenue from tariffs the way the country was originally founded. Uh, he’s talked about eliminating the IRS and going with an ERS, an external revenue service. There’s people that think that he might beat. Wanting to try to get back on some form of sound money, you know, coming out of, Hey, let’s audit the Fed, let’s audit the gold. I mean, let’s audit the gold. And, um, so, you know, we, you, you never know what what’s really gonna happen, but, but I think what we have to pay attention to are the signs that the system is beginning to break down. And one of those signs that I pay a lot of attention to is monetary, metals, gold and silver. I make a distinction between precious metals, which would also include platinum and palladium, and of course they’re strategic metals, but I just focus on monetary metals, which would be gold and silver, and gold and silver. We’re telling you that people would prefer to be the, the, the safe ha haven asset is no longer us treasuries, but, um, but, but gold and central banks have been driving a lot of it. This isn’t the retail market driving it yet. It, it’s really central banks have been accumulating. And so those are the ultimate insiders when it comes to currency. And if the insiders in the currency markets are repositioning into gold, uh, I’d, I’d call that a clue. Yeah, absolutely. Um. Yeah. You recently commented on the public criticism, president Donald Trump made toward, uh, uh, Peter Schiff. What stood out to you about that exchange? Maybe give us some background people. Not everybody knows who Peter is and, and, uh. And all that. So, yeah. Well, I mean, as you know, I’ve known Peter for 12 or 13 years and, uh, I had read his father’s work way back in the day. He is a very famous in the tax protestor world as somebody who just believed that income taxes were unconstitutional. And he resisted that and ended up going to jail for, died in jail as a matter of fact. And so that was, uh, I think sad. Um. But, but to me it felt like a little bit of being a political prisoner, but be that as it may, that’s how I got to know Peter. And so Peter is a guy that comes from the Austrian School of Economics and he believes in sound money. He believes in gold. He does not like Bitcoin. I’ve sat on panels the last two years with Peter, uh, in between him and Larry Lepard. And you know, Larry is a, a former gold guy. He’s still not opposed to gold, but he’s a hardcore sound money guy. But he likes Bitcoin. Peter hates Bitcoin and they get into it, and I usually sit in between ’em and try to keep things calm. Well, you know, so Peter ended up going on Fox and Friends, uh, I think on whatever it was, Friday the eighth I think it was, or whatever, whatever day that was. And he, he criticized Donald Trump’s spending. And, um, budget deficits and said that it would lead to inflation, and that’s a hot button for Trump. And so Trump, yeah. Uh, responded to him, uh, I think like four 30 in the morning on Saturday morning and called Peter, uh, a. Jerk and a total loser. Well, actually I saw it before Peter did, and so I took a screenshot and I texted it to him. I said, Hey, have you seen this? You know, maybe I’ll press is good press. And I think to a degree, maybe it has been me from, I understand Peter ended up on Tucker Carlson’s show as a result of that. So, but I made a video right after that because I, you know, there was a time when. I’m friends with Peter Schiff and I’m friends with Robert Kiyosaki. As you know, I, we introduced you to both those guys and, and at one point they didn’t like each other very much. They got into it ’cause, you know, and, and so we introduced ’em to each other and found that they had more in common than they, they didn’t. And I, I think that that would be true. Not that I’m in a position to introduce Peter to, to Donald Trump, but I think the way Peter is looking at it is true. Um, but there’s context and I think the context is super important. Now I’ve been studying Donald Trump as a businessman way before he was a presidential candidate or a politician, you know, before he was a polarizing guy, a pariah for some people. He, he was just this real estate guy. He’s good at marketing, he’s a real estate guy, and as you know. We got to know his longtime attorney, George Ross. And so I’ve had a chance to have conversations about what it was like working with Donald Trump, the real estate guy, and when he became a politician, I asked George, is he a crazy man? Does he shoot from the hip? And you know, I got a lot of reassurances that he is a sober sound. Methodical, self-disciplined guy and, and I think he uses the eroticism to keep people off balance as a negotiating tactic. And he writes about that in the art of the deal. So the context that I think that people need to have, and I’m not here to defend Donald Trump, the man. I’m not here to defend Donald Trump, the politician, but I look at the policies and what I think he’s up to in the context of realizing that we have a system that is fundamentally flawed and has to be remodeled. So to use a real estate, uh, metaphor, it would be like we have a hotel building that is very tired. It’s at the end of its life, it’s got to be remodeled, and so you can’t. Completely shut it down because it’s an operating business, so it’s gotta operate during the remodel. And so you begin to, um, reposition things and. You, you, you’re not gonna run optimally, so you’re gonna run some deficits while you’re doing the remodel. You’re gonna go into debt because you got a lot of CapEx to do, and during that period of time, your debt and deficits are gonna be a problem. But real estate guys look at debt and deficits not as a permanent condition. I think Peter is saying, Hey, you’re just running up debt and deficits. Well, in the short term he is. Honestly, I don’t think Trump is concerned about that. I think he’s focused on getting this remodel done, and part of that remodel was showed up in the last jobs report, right? We lost jobs to a degree, but they were government jobs, and what we got was a lot of gains in private sector jobs. Scott descent, his treasury secretary, has come out and overtly said, we are an administration for Main Street, not for Wall Street. So if you’re going to de financialize this economy and turn it back into a productive economy. You’re going to have to have policies that are gonna stimulate Main Street, and that’s, that’s the, the, the new units that you’ve rehabbed in your hotel that you wanna move people into. At the same time, you gotta move them outta the old units, which is people making money, trading claims on wealth instead of producing real goods and services, which is the financial ice economy. So it’s not about banking, it’s not about stocks, it’s not about Wall Street. You know, you need the stock market to stay up. But really what you need to do is you need to create production. And, and, and I think that’s fundamental. I think he understands we’re never gonna pay the debt off by cutting. We’ve got to keep the system running until we can get to some form of sound money. We’re actually paying the debt off as realistic, and then we have to earn so much money that the debt relative to our earnings shrinks. So it’s not paying down the debt, it’s paying down the percentage of GDP by growing GDP. And the presentation I did at best ever in March of 2025 was me explaining why I thought. His policies, were going to allow him to increase velocity and increase wages by cutting taxes, interest regulation, transportation costs, and, and again, that was six weeks into administration. That was theory. I’m gonna do a follow up in March of this year to say, okay, looking back when I gave the speech a year ago, what’s transpired, but I can already tell you a lot of the stuff that I thought he would do. He’s done. And I think that’s muting some of the inflation that his spending and deficits to Peter’s point are causing. And that’s why when this last CPI report came out, it wasn’t as ugly as everybody thought it would be. And, and this is when you don’t look at, when you look at it in the mono, you just look at one thing and Peter’s very fixated on this quantity of money theory. Then the expectation is that you print a bunch of money, you run a bunch of deficits, you’re gonna get inflation. And it’s just a. Equals B or A leads to B. But there are other nuances and I think Trump is looking at more like a real estate developer, which makes sense. ’cause that’s his background. Yeah, yeah, absolutely. It’s, I mean, and then the other just point to, to make there is that there is probably, um, now inflation’s a tricky thing, right? Like on the one hand you don’t want this riding up, but on the other hand, it actually helps with that debt. You’re, you’re basically eroding the debt by letting inflation ride a little bit higher at the same time. And I think the Trump administration knows that it’s a tricky thing to balance, but the goal is to, you know, get GDP pumping at, you know, four or 5%, but it’s gotta be real production buck. And that’s the difference, right? The old way of dealing with the debt was inflation. And, and I think people think that he’s using the old formula, but I don’t think he is. Well, I think it’s, I think, I think it’s definitely geared towards increasing real GDP, but I think in the process there’s probably, they probably care less a little bit. Of inflation riding up a little bit in the meantime. ’cause you’re still gonna have, I think he thinks he can mute it. I think he can mute it with lower taxes, lower interest expense, lower energy costs. And the energy is the economy. And from day one, that was the first policy. He’s, he’s aggressively gone after lowering energy costs because that has a, a, a ripple through, it just affects every area of the economy. And then the regulations in, in the last cabinet meeting. It was reported, the way I understood it, that for every regulation his administration passes, they’ve eliminated 48. So it’s actually, he’s removing the friction. And I think the bigger thing is, and I, and I was on a panel at Limitless, uh, this last summer, and TaRL, Yarborough was moderating the panel, asked the panelists what we were looking at that maybe other people weren’t looking at that. Um. You know, is, is a signal about maybe the direction it was. We, I, I can’t remember. This was a prediction panel and what I said was trade policy because everybody in finance spends all their time looking at the flow of money and trying to get in front of the flow of money. And we’re so used to the money coming from the Fed or coming from the treasury. So they’re gonna come from monetary policy or fiscal policy. And that’s what Peter’s doing. He’s looking at the Fed and he is looking at the treasury. And so what I’m looking at is not just the tariff income, which is relatively minor, but I’m looking at the trade deals, and those are published at the White House and there’s a couple trillion dollars of money that’s FDI, foreign Direct Investments coming right into Main Street. And it’s gonna build infrastructure. It’s gonna build factories. It’s good. And they tell you where it’s gonna be because they, they came back with the opportunity zones, which I thought they would do. Makes sense. It’s the way he thinks. And then taking those opportunity zones, the governors can say where in their state they want that money to go. Well, people on Wall Street don’t think geography ’cause they operate in a commodity world that trades on global exchanges. But real estate people. Geography matters a lot. So if I’m a Main Street person, I live on Main Street and I’m looking for Main Street opportunities, I wanna look where that money is going to be flowing in geographically. And then there may be opportunities in real estate or small businesses in those economies, and you can see it coming, but nobody talks about it. So I created Main Street Capitalist as a show to begin to talk about it. I still do the investor mentoring club, which is, you know. A premium thing where we get together every month and we talk about these things. And the point is, is that if you understand, I think what he’s doing, then you can, you can begin to paddle into position. And I think, again, I am really bullish if he loses inflation. If he loses to inflation, he’s cooked. He knows it. I think that that even the suggestion that Peter made that he was losing to inflation is what flared him up. And so I wasn’t trying to necessarily defend. Peter and I wasn’t trying to defend Trump, I was just trying to reconcile that it is possible that both guys could be right at the same time from their perspective. And so I, you know, I, I had one guy take exception because he felt like I was defending Trump, but for the most part, I got positive feedback on the video. I, I, I, you saw it. So you tell me. Did it make sense? Yeah, yeah, yeah. Absolutely. So when you look at today’s environment, everything going on, where do you think investors are most vulnerable? Um, I, I think that if you are very dependent upon, um, healthy credit markets, we could have a disruption. And that’s what happened to me. If Trump loses the inflation battle even for a little while, little be reflected in interest rates. And the challenge is right now that he is asked the Fed to quote unquote lower rates, but the Fed actually doesn’t like. Set rates, what they do is they set a target and then they manipulate markets to achieve those rates. And if, if people believe the fed, there’s a little bit of front running. So what’ll happen is the Fed will come out and go, oh, we’re gonna lower rates, which means bond prices are gonna go up. So they’re like, that’s great, let’s go buy a bunch of bonds, which drives rates down. So the Fed just by talking. Begins to move the market and then they hope that later on the Fed will buy those bonds from them at a profit to push rates down. Does that make sense? So, so when the last two times the Fed has raised rates in their target, the 10 year has responded in the opposite direction. Which means that the market is like not buying in, and the Fed is gonna have to step in. And when the Fed steps in, they do it by printing money out out of thin air. Now, the concern about that is that when they print the money out of thin air. If they’re replacing bonds on their own balance sheet, that’s kind of a circle and it doesn’t leak out into the economy. If they’re buying new issuance from the the treasury, then that money is gonna work its way through the government to to to main street. Now, the Trump administration can prevent some of that by keeping the money in the Treasury, for example, uh, Trump 1.0 left. The Biden administration with, I think over a trillion dollars in, in the treasury checking account, and Janet Yellen put that into the economy right away during the lockdowns, which immediately created extreme inflation because you muted production at the same time you goose. Uh. Purchasing power, you know? So anybody with like three ounces of economic understanding could have told you that that inflation was gonna come, it was gonna come hard, it was gonna come fast, and it was gonna be stickier than than you thought. ’cause once you let that money out in the economy, it’s out. It’s out and the only way to mute it is either to suck it back, which is very, very difficult, or to outproduce it, and it’s very hard to produce anything when everything’s in lockdown. So I think that, you know, those days are behind us. I think the policies that we’re embracing now are more. Pro productivity. And I think that even if the Fed does have to step in, as long as that money doesn’t leak out into the economy, and part of it is the treasury being able to throttle some of that, and the money that does go into the economy doesn’t go into stimulus, but goes into CapEx and infrastructure, that’ll actually, uh, create. Production. Then I think that, you know, this, this game plan that I think they’re trying to execute has a chance. And so I, I’m, I’m watching for it. And of course, to answer your question, what do we have to worry about that it doesn’t work? Right? If it doesn’t work, then inflation will show up. Interest rates will rise, credit markets will crash, it will take real estate values with it. And the hedge is really gonna be, what I’ve always talked about is gold. I started talking back in 2018 when we were the zero bound with interest rates. Hey, there’s only one way interest rates can go and that’s up. And if they go up fast, then that’s gonna crash bonds. So it would be smart, and that’s gonna take real estate equity with it. So it’d be smart when you have real estate equity and low rates to pull some of that equity out and move it into gold. And I called that my precious equity strategy. If I have a video I did at the Vancouver Resource Investment Conference in January of 2022, explaining that when you could still really execute on that, and I’m not saying that you couldn’t do it today, but it’s harder, but the people who did it back then, I mean, you know, they’ve, they’ve seen their gold almost triple. And at the same time, they were able to lock in interest rates that are, you know, a half what they are today. So when you see those mega trends and you can begin, and that’s the stuff I didn’t know how to do in 2006, 2007. I didn’t understand any of this stuff. The, the, you know, losing everything in 2008 forced me to become a hardcore student and then try to apply that to Main Street strategy. And so I think gold and real estate and debt, they all work really well together depending on where you are in the cycle. Do you think that Main Street investors may actually have some advantages in periods like this? Yes, a ton because I think what’s gonna happen is if we have a, um, a, a, a restructure of the financial system into something more responsible, which I think is either gonna be forced upon us or it’s gonna be done by design, and I hope we do it by design. But when that happens, then the days of just buying low and selling high and riding the inflation wave that goes away. And so now it’s gonna be very, very important to understand how to invest for. Productivity. So I call it, you know, buy low sell high trading as an acronym, B-L-S-H-T you. You can sound it out for yourself phonetically. And then the other one is poo, which is productivity of others. And I think that if people focus on investing in the productivity of others, which is what Main street investors, especially real estate investors, focus on, I think cash flow, real profits on small businesses, not speculating on. Uh, exit price or a company that’s gonna take a company public, everybody trying to tap into this giant flood of money that gets pre created from thin air in the banking system and in Wall Street. If, if, if people on Main Street will just start investing. Kind of what Kenny McElroy was doing going through 2008, just focusing on sound assets and good markets with good fundamentals. That cash flow and, and are run by good managers, whether it’s a business, an apartment building, a mobile home park, a self storage, residential assisted living doesn’t really matter. Invest in real businesses that produce real profits where you’re not overpaying for that production of income and especially where there’s some upside. Not to flipping out of the stock, but to actually growing the market share and growing the income. That’s what investing really should be. Wall Street has perverted it into just placing bets and riding a wave and trying to figure out where the money is gonna flow from the Treasury or for from Fed stimulus. And I think Main Street is gonna pick up on the new game sooner. And the good news is if you get good at playing that game, even if the system stays the same, you’re probably gonna do better off anyway. When you talk about buying, buying or investing into productive businesses, I mean, what, what’s the difference in your mind between investing in a private business versus investing in a, you know, a publicly traded business that’s run off, you know, dividends? Yeah, so I, I, I think that it could be okay if the dividend yield makes sense, but anytime you have a publicly traded security, it’s a highly liquid market, which means it’s gonna be volatile and the stocks become chips in the casinos where professional traders are just gambling all day long. And some of that gambling can create an impact on the stock, and it doesn’t matter to you if you’ve only bought it for production of income. Um. And so, uh, you know, I, I don’t think it’s bad. I’ve, you know, Peter’s always been an advocate of, uh, dividend paying stocks, and I think if you’re gonna be in the stock market, that’s what you want to do. I think the opportunity in a private placement in a small business is the opportunity not to have to pay the high multiples because it’s not a perfect market. It’s, it’s the same reason there’s so much more opportunity in real estate. If real estate could trade on an electronic exchange where. You know, millions of buyers could find it, and you could have perfect price discovery. It’s very difficult to find a deal, right? It’s very difficult. But we, if you buy a private business, you know there’s gonna be considerations. You, you deal with a, a owner. Who cares about his customers, who cares about his team, maybe would be willing to carry back the way you would if you were buying a, a, a piece of property from somebody that cares about their neighbors or whatever. I mean, there’s, there’s, there’s a lot more humanity in it. There’s a lot more room for negotiation in it. And a lot of times there’s a lot more room to have control. So, you know, one of the adages with real estate that real estate investors like is, I’m gonna buy an asset, one that I understand, two that I can control. And so when you buy a stock, like a dividend paying stock, you, you might understand the business, you may not understand completely the. Uh, market dynamics that drive the stock price. But as long as the dividends are there, that can be okay, but you don’t have any control. When you actually go buy a small business, you have a, a degree of control. Now, if you’re a passive investor buying into a syndication, then you still have a little bit more, um. Relationship, you have a little bit more insight. You maybe have a voice. You may know the people that are making the decision and running the company personally. So it’s the same thing. You know, you Buck is a syndicator. When you go do a deal, your investors know you. They have a personal relationship with you. Go buy stuff in the stock market and mutual fund managers and investor. You don’t have a relationship with that fund manager and I think that’s worth something if you have a voice right. So we’ve, we’re talking a little bit about credit markets, um, volatility, you know, interest rates. Are they gonna go down like, you know, Donald Trump would like to see, and you know, we’ve got a new fed share coming, all that kind of thing. How should investors be thinking about leverage and risk right now? I, I think the adage with real estate, uh, I mean, sorry, with leverage is always the same, is, um, you know, manage cash flow. I, if, if you use leverage to speculate, that could be a real problem. And whether you did it. Do it for real estate like I did by having very thin or negative cash flow and making that up someplace else and believing that somehow, you know, rents or appreciation are gonna do it. Or buying a non-income producing asset with borrowed funds hoping it’s gonna go higher. I think that would be dangerous, but I think if you fundamentally use debt as a tool. Based on cash flows and you use conservative cash flows, you know, so the debt service coverage ratio, you know, if you have $10,000 a month going out in debt service, make sure you have at least, you know, $12,000 a month coming in on income or above. Then that’s how you begin to build resiliency into your portfolio. And the other thing is don’t borrow long to invest short, right? So your duration matters a lot. We were talking about this before we hit the record button, and I think what happens is people. Uh, make a mistake when they try to operate like a bank. ’cause banks lend short and invest long. And the only reason they get away with it is because they have the Federal Reserve Bank system backstopping them. But you don’t have that as an individual, so you better to do the opposite. Um, if you can match the durations, that’s perfect, right? ’cause then you know what your interest expense is for the, for the duration of the investment. And once you lock in the spread, then you just have the counterparty risk of the, whoever is responsible for creating that income stream that’s gonna service the debt you use to control the asset. And then it just comes down to underwriting and then recourse. And if you feel comfortable with the underwriting and you feel comfortable with the recourse, and you’ve got spread and you’ve locked in a, a duration. Um, that, that is compatible, then that can be a, a, a fairly safe way to use debt. And if interest rates work against you, then you’re okay. And if interest rates work for you, you might be able to refinance your debt and actually increase your spread, but you don’t need it to happen to be successful. Let’s talk a little bit more about what you’re doing right now. So in the past year, you’ve launched, um, several new initiatives. You had masterminds via platforms. Tell us a little bit about this and, and a little bit more what, what you’re trying to accomplish. Well, you know, after losing my wife, um, you, you go through this. Period of time of like figuring out, okay, life is short. What do I want to get done before I left die myself. And so, um, after thinking about that, I went back to really what I came to do when I first met Robert Helms and got involved in the real estate guys. And so I just kinda went back to home base and. Then the other thing is now I’ve got 17 grandchildren, and so I’m thinking a lot less like a father, more like a, a grandfather, a founding father. And, um, and so I’m thinking about what the world is gonna be like in 40, 50, 60 years, and what can I do to plant a seed that will make that world better for my grandchildren? And so I, I did a couple things. One is, um, after I left the real estate guys, we were going through a merger with Ken McElroy, George Gammon and Jason Hartman to create, um, a mastermind group, which we did. And I, I was CEO of that for the. The year during the merger. And that took up some time. And the second thing I decided to do, uh, ironically, it was after a conversation I had with Charlie Kirk. I had a conversation with Charlie Kirk. I said, Hey, I’ve got this idea to help, uh, K through 12 get involved in, in capitalism by starting businesses or working with businesses. Their parents start, and I explained to him the model. He goes, I love it. I want to help you. And so that encouraged me. And then I had a follow up meeting in January of 20. 24 with Mark Victor Hansen, and he really encouraged me. And so with the strength of those two endorsements, I go, you know, I’m gonna do this. And so, uh, I left the real estate guys in, um. March, late March of 2024, and in the summer of 2024, I, I launched the Raising Capitalists Foundation, and people can learn more about that by going to raising capitalists plural.org. And I, I literally launched it at Freedom Fest on July 13th, 2024 and five minutes before I took the stage, Donald Trump got shot. Always remember where I was and how distracting it was, but I did record that presentation and it’s on the website, and so it explains the model. But in, in short, it’s pairing, um, or it’s, it’s putting parents who are in what Kiyosaki, uh, rich Dad would call the E-Class employees. And, uh. Put them under a mentorship program with experienced entrepreneurs and investors to help them start a business, a side hustle. They need the money and they need a mentor. And so then they, um, it can create a situation where their children can come to work for them in the business. And today, information Society, you know, there’s a lot of things kids can do where they learn real life skills, um, working with their parents. So that’s what the Raising Capitalist Foundation is all about. Then I launched two shows. Uh, in 2025, uh, one is I literally just launched like a week ago, and that’s. That Donald Trump video was really the first one that I put out, the Donald Trump versus Peter Schiff video on YouTube. I haven’t even started the podcast side of it. Um, and in on September 27th, uh, on pray.com, I started, uh, another show that, that one’s called the Main Street Capitalist. So if you go to YouTube and look at the Main Street capitalist, you’ll, you can find me there. And then the other one I created was the Christian capitalist. And I kind of went back to, you know, my, my core roots of realizing when I started looking at. Where the country was at, John Adams said that, um. Our Constitution was designed for a moral and religious people and is really wholly inadequate for any other, and so I thought, you know what? I’m I, I’m going to do that because my experience as a, as a Christian businessman is that I find that sometimes the stuff I get in church is more consumer oriented, and it doesn’t, it’s more employee oriented. I, I don’t. And, and then the other part of that is I created a, a ministry called Fellowship, a Christian capitalist, which is really about helping people put purpose into their business and then, you know, express their faith. Love your neighbor. Through their business. And so I’ve got all these different initiatives going and then I created the Main Street Media Network because I wanting to reach youth. I hired a YouTube coach and I said, look, I want to create content to encourage youth. He goes, that’s great. You can’t do it. You’re too old, he said, so what you need to do is find young people you can mentor and teach them the things that you’ve learned and let them teach it in their own words and they’ll reach their generation better than you. So with Main Street Media Network, I’m I, I’ve got. Two guys that I’m apprenticing right now, but I’m gonna be adding a lot more. Um, one, one young man is 20 years old, the other one is 26 years old. And, uh, I just came back from the Turning Point USA event where we had a broadcast booth and they were conducting interviews and I did the New Orleans Investment Conference. And so these guys are sitting down with Peter Schiff, Robert Kiyosaki, Mike Maloney, Ken McElroy, you know, you, you know what that did for you, buck with your show. You know, you, you met all these people through us and then you. We’re able to build upon that and create a very credible show. So I’m doing that for these guys that are in their twenties with the idea that they will be able to reach a generation of people. Uh, I call it putting Boomer Wisdom in Gen Z mounts. I mean, they get to process it and it gets to be their own. And I’m helping them build financial podcasts that actually make the money and is the foundation of, in this case, they’re both capital raisers of their capital raising business. I got all these different things going, but I’m doing it through leaders, so I’m not trying to do all things myself. Yeah, yeah. Um, but I’m building out an ecosystem to accomplish all these goals and so far so good. It’s a lot. Sounds working like a young man, man, man. I’ll tell you that. I know, I know. Wow. I I thought you were gonna slow down after you. No, I’ve actually, I put my, I put, I put my foot on the gas. I, I’ve probably never worked, uh, harder. Um, but I, I think I’m working smart, you know, so I’m hiring coaches and I’m bringing in, um, leaders and going through all that EOS and organizing to scale stuff. Sounds good. Well, always a pleasure, Russ. Um, make sure not to be a stranger to have you on again, um, you know, in a few months and figure out where you’re going with all this stuff. All the new things that you’ve accomplished, but it’s, uh, it’s great to see you. Well, happy to be here, proud of you. Uh, keep up the good work and keep educating people. Thank you. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealthformulabanking.com. Welcome back to the show everyone. Hope you enjoyed it. As always, Russ, uh, is, uh, you know, he’s, he’s got a lot of wisdom. He is the guy you really wanna listen to. And I would encourage you to follow his work anyway. Uh, just pivoting back, you know, to where this economy is and all that. I think for me personally, it’s about allocating capital in a market that is a, uh, is certainly losing value in its dollars. And, um, and I think that we’re gonna continue to see that. Speaking of that, make sure if you haven’t, as I mentioned before, sign up for the Accredited Investor Club. Go to wealthformula.com, go to investor club, as we have plenty of those types of things that are hedging against inflation, um, saving taxes in terms of tax mitigation strategies, that kind of thing. Check it out. That’s it for me This week on Well Formula Podcast. This is Buck Joffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealthformularoadmap.com.

Ideas in Development is VoxDev's new second podcast! You can listen to Ideas in Development wherever you get your podcasts, or watch on YouTube. Don't forget to subscribe, so you won't miss an episode.Today we're bringing you one of the episodes from our new series. Oliver Hanney and Kartik Akileswaran ask how Costa Rica, a small country of approximately 5 million people, became an attractive hub that now hosts operations for more than 1,000 multinationals. To take us through this period of economic change, we were joined by Andres Valenciano Yamuni, who played his own role in Costa Rica's FDI journey during his time as Minister of Foreign Trade.

Tin tức sáng 30-12: Tăng mức lương tối thiểu đối với người lao động; Nhiều doanh nghiệp muốn tuyển dụng hơn 3.700 lao động sau khi công ty FDI ngưng hoạt động ở TP.HCM; Miễn thuế sử dụng đất nông nghiệp đến hết năm 2030...

Năm 2025 khép lại với hội nghị của Ban Chấp hành Trung ương khóa XIII ngày 22-23/12 và khả năng ông Tô Lâm tiếp tục làm tổng bí thư, theo nguồn tin của Reuters. Năm 2025 cũng đánh dấu nhiều kỷ lục về kim ngạch thương mại, số lượt du khách nước ngoài đến Việt Nam ; tăng trưởng “sáng nhất trong khu vực” Đông Nam Á, tinh gọn bộ máy hành chính. Bên cạnh đó là những thiệt hại khủng khiếp do thiên tai, ô nhiễm môi trường. RFI Tiếng Việt điểm lại một số sự kiện quan trọng tại Việt Nam năm 2025. Tổng bí thư tập trung quyền lực trong nước Tại hội nghị của Ban Chấp hành Trung ương khóa XIII, các đại biểu nhất trí ủng hộ những chính sách được tổng bí thư Tô Lâm thúc đẩy. Ông Tô Lâm trở thành người thi hành được nhanh chóng “cuộc cách mạng chống quan liêu” được ấp ủ từ lâu. Thành công này cũng cho thấy quyền lực cá nhân của ông Tô Lâm và những chiến lược tập trung quyền lực đằng sau, theo nhận định của giám đốc nghiên cứu Benoît de Tréglodé, Viện Nghiên cứu Chiến lược (IRSEM), Trường Quân sự Pháp, khi trả lời RFI Tiếng Việt ngày 04/07/2025 : “(…) Nếu một cuộc cải cách đầy tham vọng như vậy được thực hiện bởi một người duy nhất thì đó là do ông ấy không cảm thấy bị bất kỳ ai đe dọa và điều này nằm trong quyền lực to lớn của ông trong bộ máy chính trị Việt Nam. Vào đúng năm trước Đại hội Đảng, với cuộc tinh giản bộ máy hành chính ở cấp địa phương, nhưng cũng có thể nói là ở cấp trung ương, ở cấp bộ, không ai chắc chắn là giữ được vị trí của mình, kể cả trong Ban Chấp hành Trung ương. Số người may mắn được chọn sẽ ít hơn vào năm 2026. Có thể nói chiến dịch kiểm soát khổng lồ này thậm chí còn hiệu quả hơn các chiến dịch chống tham nhũng thông thường. Bởi vì chúng khiến mọi người run sợ, ai cũng muốn giữ lấy chỗ và có thể theo đuổi sự nghiệp trong một bộ máy hành chính bị thu hẹp lại”. Đọc thêmSáp nhập tỉnh, thành 2025 : Chiến lược tập quyền và thành công cá nhân của TBT Tô Lâm Mở rộng vai trò của tổng bí thư trên trường quốc tế Trong hơn một năm giữ chức tổng bí thư, ông Tô Lâm có lẽ là lãnh đạo đảng công du nước ngoài nhiều nhất, thăm hơn 20 nước, ký nhiều thỏa thuận nâng cấp quan hệ đối tác. Tổng bí thư không chỉ còn muốn đứng đầu đảng, giữ vai trò về tư tưởng, mà là một nhà lãnh đạo cao nhất. Và ông Tô Lâm đang làm cho các đối tác phương Tây quen dần với hình ảnh này, theo nhận định của tiến sĩ Vũ Khang, Đại học Boston, Mỹ : “Việt Nam đã đặt các đối tác phương Tây vào vị trí phải công nhận tính chính danh và sự ngang hàng của vị trí tổng bí thư với các vị trí nguyên thủ quốc gia qua các cuộc gặp cấp cao. Đây cũng là một di sản của cố tổng bí thư Nguyễn Phú Trọng khi ông đã thành công bắt Mỹ phải công nhận tổng bí thư là ngang hàng với chức tổng thống Mỹ. Điều này chứng tỏ đây là một chính sách đường dài chứ không phải ngắn hạn cho kỳ Đại hội Đảng sắp tới, và dù ai ở vị trí tổng bí thư đi chăng nữa thì cũng sẽ được kế thừa di sản này”. Đọc thêmNâng cấp đối tác chiến lược toàn diện với Pháp, chủ tịch Tô Lâm muốn thể hiện năng lực ngoại giao, ổn định chính trị Việt Nam Mối quan hệ đặc biệt với Pháp được thể hiện qua chuyến công du Hà Nội của tổng thống Emmanuel Macron. Với 14 thỏa thuận trị giá 9 tỷ euro, Pháp muốn hiện diện mạnh mẽ tại Việt Nam, kể cả trong lĩnh vực quốc phòng. Giáo sư Pierre Journoud, Đại học Paul Valery - Montpellier 3, đánh giá : “Có thể nói ngắn gọn rằng bối cảnh hiện nay thuận lợi cho việc Việt Nam và Pháp xích lại gần hơn trong lĩnh vực quốc phòng. Pháp là nước xuất khẩu vũ khí lớn thứ hai thế giới vào năm 2024, cho nên có một số tham vọng chính đáng ở khu vực Đông Nam Á. Còn Việt Nam đã tổ chức triển lãm quốc phòng quốc tế lần thứ hai tại Hà Nội vào tháng 12/2024. Việt Nam bắt đầu đa dạng hóa việc mua vũ khí và trang thiết bị quân sự để bù đắp cho những thiếu hụt thực sự, hoặc được cho là như vậy, của nhà cung cấp Nga, vốn chiếm ưu thế ở Việt Nam”. Kim ngạch thương mại lập kỷ lục, bất chấp thuế đối ứng của Mỹ Năm 2025, tổng kim ngạch thương mại của Việt Nam lập kỷ lục, đạt 920 tỷ đô la, tăng 16,9% so với năm 2024, theo Tổng Cục Hải quan. Trung Quốc tiếp tục là thị trường cung cấp hàng hóa lớn nhất cho Việt Nam, đạt kim ngạch 183 tỷ đô la. Mỹ tiếp tục là thị trường xuất khẩu lớn nhất của Việt Nam, đạt mốc kỷ lục gần 152 tỷ đô la, bất chấp các biện pháp thuế đối ứng (20%) của tổng thống Donald Trump. Tuy vậy, trả lời RFI Tiếng Việt, chuyên gia kinh tế Lê Đăng Doanh cho rằng mức thuế 20% vẫn bất lợi cho các doanh nghiệp Việt Nam, so với một số nước khác được mức thuế 19% hoặc 15% : “Theo tôi, những mặt hàng bị tác động bao gồm may mặc, da giày, kể cả một số mặt hàng đồ gỗ. Nếu như tình hình tiếp tục như thế này, các nhà xuất khẩu Việt Nam sẽ phải tìm cách đa dạng hóa các thị trường và tìm các biện pháp để có thể tiếp tục duy trì sản xuất và xuất khẩu và tìm cách né tránh thuế 20% này. Hiện nay Việt Nam đang cố gắng tìm cách mở rộng thị trường ở Trung Đông và tìm kiếm những thị trường ở châu Phi, đồng thời muốn phát triển những thị trường khác tuy nhỏ nhưng hy vọng là sẽ vẫn có thể đón nhận được hàng hóa của Việt Nam một cách thuận lợi”.  Đọc thêmViệt Nam: Thuế "trung chuyển" của Mỹ gây khó khăn cho doanh nghiệp đầu tư nước ngoài Thặng dự thương mại (đạt 21,2 tỷ đô la) chủ yếu đến từ khối đầu tư trực tiếp nước ngoài (FDI) với 48,2 tỷ đô la bởi vì các doanh nghiệp trong nước thâm hụt thương mại hơn 27 tỷ đô la. Mức thuế 20% có thể khả thi cho hoạt động xuất khẩu của các nhà đầu tư nước ngoài. Tuy nhiên, thuế “trung chuyển” (transshipment) lên tới 40% mới là vấn đề khó khăn. Ông Jean-Jacques Bouflet, phó chủ tịch Phòng Thương mại châu Âu tại Việt Nam - EuroCham, giải thích với RFI Tiếng Việt ngày 08/08 : “Theo thuật ngữ hải quan Hoa Kỳ, “trung chuyển” không chỉ đơn giản là dỡ hàng từ một phương tiện vận chuyển hay từ một hình thức vận chuyển này sang một phương tiện hoặc hình thức vận chuyển khác, mà chủ yếu là sự thay đổi nguồn gốc ở nước cuối cùng. Nói cách khác, nếu quyết định đánh thuế hàng “trung chuyển” được sử dụng để áp đặt một hàm lượng nội địa tối thiểu đáng kể, thì có nghĩa là để ngăn chặn nhập khẩu nguyên liệu từ các nước thứ ba, ý tôi muốn nói ở đây là Trung Quốc chẳng hạn. Đây có lẽ sẽ là một vấn đề lớn đối với phần lớn lĩnh vực sản xuất của Việt Nam (…) bởi vì hiện tại, Việt Nam không thể bảo đảm sản xuất được 100% hoặc 80% sản lượng nội địa, có thể là trừ sản xuất nông nghiệp”. Mục tiêu tăng trưởng 10% năm 2026 khó đạt được vì khó khăn toàn cầu Với tổng kim ngạch thương mại năm 2025 đạt 920 tỷ đô la, Việt Nam gia nhập nhóm 25 nền kinh tế thương mại lớn nhất thế giới. Sau mức tăng tổng sản phẩm quốc nội (GDP) khoảng 8%, chính phủ đề ra mục tiêu tăng trưởng 10% cho năm 2026. Ông Hubert Testard, chuyên gia về châu Á, tổng biên tập báo mạng Asialyst, cho rằng “mục tiêu này lại quá lạc quan, rất tham vọng” : “Trước tiên là mức thuế quan trung bình 20% của Mỹ mà ai cũng biết, nhưng cũng phải kể đến nhiều mức thuế đặc biệt khác đối với ô tô, thép, nhôm. Gần đây, còn có một vấn đề khác đối với các nhà xuất khẩu thủy sản Việt Nam, với thông báo ngừng xuất khẩu một số mặt hàng vào năm 2026. Ngoài ra, bối cảnh chung ở một số nước khác cũng không đặc biệt hơn. Nghĩa là nhu cầu của Trung Quốc không mạnh lắm, châu Âu thì đang cố gắng hạn chế dòng hàng nhập khẩu từ châu Á, đặc biệt là từ Trung Quốc. Vì vậy, bối cảnh quốc tế sẽ kém thuận lợi hơn. Tất cả các tổ chức quốc tế đều dự đoán năm 2026 sẽ có mức tăng trưởng kém hơn một chút so với năm 2025”. Đọc thêm2026 : Bối cảnh quốc tế không thuận lợi cho mục tiêu tăng trưởng 10% của Việt Nam Mục tiêu tăng trưởng cũng có thể bị tác động vì thiệt hại do thiên tai, ô nhiễm môi trường. Theo Cục Quản lý đê điều và Phòng, chống thiên tai, năm 2025 đã đi vào lịch sử thiên tai Việt Nam với những kỷ lục chưa từng có ; thiệt hại kinh tế lên tới hơn 100.000 tỷ đồng (gần 4 tỷ đô la) - lớn nhất từ trước tới nay. Theo Kế hoạch Ứng phó thiên tai chung năm 2025, được Liên Hiệp Quốc xây dựng trên cơ sở hợp tác giữa chính phủ Việt Nam và các đối tác trong nước, quốc tế, khoảng 96,2 triệu đô la được huy động để đáp ứng nhu cầu nhân đạo, hỗ trợ cho người dân bị ảnh hưởng, đồng thời xây dựng lộ trình hướng tới khả năng phục hồi và thích ứng với  biến đổi khí hậu trong dài hạn. Giải quyết ô nhiễm môi trường : Vấn đề cấp bách Một vấn đề khác là tình trạng ô nhiễm không khí ở Việt Nam, khiến khoảng 70.000 người chết. Để giảm bớt “thành tích” nhiều lần đứng đầu danh sách “đô thị ô nhiễm nhất thế giới”, thành phố Hà Nội triển khai lộ trình cấm xe chạy xăng dầu, bắt đầu trong vành đai 1 (trung tâm) Hà Nội, kể từ ngày 01/07/2026. Song song với biện pháp triệt để này, nhà quy hoạch đô thị Basile Hassan, trưởng dự án Moov'Hanoi, Cơ quan hỗ trợ Hợp tác quốc tế Vùng Paris tại Việt Nam - PRX-Vietnam, cho rằng cần phát triển, nâng cấp hệ thống giao thông công cộng để người dân có nhiều lựa chọn : “Mạng lưới giao thông công cộng hiện tại không đáp ứng được nhu cầu của người dân. Hà Nội có tàu điện nhưng lại không đủ, thậm chí còn không đi đến trung tâm thành phố. Trong bối cảnh người dân chủ yếu sử dụng xe máy, rất cạnh tranh về mặt thời gian, đi từ điểm A đến điểm B mà không phải thay đổi phương tiện, cho nên giao thông công cộng có vẻ kém cạnh tranh hơn vì mất thời gian hơn so với xe máy, phải nối chuyến, phải đi đến các bến. Vì vậy về mặt thời gian và hiệu quả, phương tiện công cộng kém hấp dẫn hơn xe máy, được ưa chuộng ở Hà Nội”. Đọc thêm“Xanh hóa” giao thông Hà Nội: Cần bỏ ôtô cá nhân thể hiện “thành đạt” và kết nối hệ thống công cộng Việt Nam đón gần 22 triệu lượt du khách nước ngoài Cho dù trải qua một năm thiên tai, nhiều di tích, công trình bị ngập trong mưa lũ, Việt Nam ghi nhận số lượng du khách nước ngoài kỷ lục, gần 22 triệu lượt. Mục tiêu đặt ra cho năm 2026 là thu hút 25 triệu du khách quốc tế. Ngoài việc chú trọng vào dịch vụ chăm sóc khách hàng, chi phí không quá đắt, thì kéo dài thời gian miễn thị thực đối với nhiều nước được cho là một yếu tố quan trọng, theo giải thích với RFI Tiếng Việt của ông Nguyễn Xuân Hải, giám đốc của La Palanche Voyages : “Bây giờ khi được 45 ngày, có thể người ta đến Việt Nam chỉ 15 ngày thôi, nhưng người ta có thể tiến, lùi ngày để có được vé máy bay tốt hơn, phù hợp với khả năng chi trả của người ta hơn. Miễn visa 45 ngày là cả một bước đột phá lớn (...) Nay có đến 45 ngày miễn visa, giống như là chúng ta đang “thừa giấy vẽ voi”. Chúng tôi sẽ có thể vẽ ra những con voi rất sinh động, đưa được khách đến những vùng xa hơn, sâu hơn, đến những nơi mà theo chúng tôi còn nguyên bản hơn”. Đọc thêmDu lịch Việt Nam: Đà phục hồi bị ảnh hưởng bởi yếu tố kinh tế, địa chính trị

Năm 2025 khép lại với hội nghị của Ban Chấp hành Trung ương khóa XIII ngày 22-23/12 và khả năng ông Tô Lâm tiếp tục làm tổng bí thư, theo nguồn tin của Reuters. Năm 2025 cũng đánh dấu nhiều kỷ lục về kim ngạch thương mại, số lượt du khách nước ngoài đến Việt Nam ; tăng trưởng “sáng nhất trong khu vực” Đông Nam Á, tinh gọn bộ máy hành chính. Bên cạnh đó là những thiệt hại khủng khiếp do thiên tai, ô nhiễm môi trường. RFI Tiếng Việt điểm lại một số sự kiện quan trọng tại Việt Nam năm 2025. Tổng bí thư tập trung quyền lực trong nước Tại hội nghị của Ban Chấp hành Trung ương khóa XIII, các đại biểu nhất trí ủng hộ những chính sách được tổng bí thư Tô Lâm thúc đẩy. Ông Tô Lâm trở thành người thi hành được nhanh chóng “cuộc cách mạng chống quan liêu” được ấp ủ từ lâu. Thành công này cũng cho thấy quyền lực cá nhân của ông Tô Lâm và những chiến lược tập trung quyền lực đằng sau, theo nhận định của giám đốc nghiên cứu Benoît de Tréglodé, Viện Nghiên cứu Chiến lược (IRSEM), Trường Quân sự Pháp, khi trả lời RFI Tiếng Việt ngày 04/07/2025 : “(…) Nếu một cuộc cải cách đầy tham vọng như vậy được thực hiện bởi một người duy nhất thì đó là do ông ấy không cảm thấy bị bất kỳ ai đe dọa và điều này nằm trong quyền lực to lớn của ông trong bộ máy chính trị Việt Nam. Vào đúng năm trước Đại hội Đảng, với cuộc tinh giản bộ máy hành chính ở cấp địa phương, nhưng cũng có thể nói là ở cấp trung ương, ở cấp bộ, không ai chắc chắn là giữ được vị trí của mình, kể cả trong Ban Chấp hành Trung ương. Số người may mắn được chọn sẽ ít hơn vào năm 2026. Có thể nói chiến dịch kiểm soát khổng lồ này thậm chí còn hiệu quả hơn các chiến dịch chống tham nhũng thông thường. Bởi vì chúng khiến mọi người run sợ, ai cũng muốn giữ lấy chỗ và có thể theo đuổi sự nghiệp trong một bộ máy hành chính bị thu hẹp lại”. Đọc thêmSáp nhập tỉnh, thành 2025 : Chiến lược tập quyền và thành công cá nhân của TBT Tô Lâm Mở rộng vai trò của tổng bí thư trên trường quốc tế Trong hơn một năm giữ chức tổng bí thư, ông Tô Lâm có lẽ là lãnh đạo đảng công du nước ngoài nhiều nhất, thăm hơn 20 nước, ký nhiều thỏa thuận nâng cấp quan hệ đối tác. Tổng bí thư không chỉ còn muốn đứng đầu đảng, giữ vai trò về tư tưởng, mà là một nhà lãnh đạo cao nhất. Và ông Tô Lâm đang làm cho các đối tác phương Tây quen dần với hình ảnh này, theo nhận định của tiến sĩ Vũ Khang, Đại học Boston, Mỹ : “Việt Nam đã đặt các đối tác phương Tây vào vị trí phải công nhận tính chính danh và sự ngang hàng của vị trí tổng bí thư với các vị trí nguyên thủ quốc gia qua các cuộc gặp cấp cao. Đây cũng là một di sản của cố tổng bí thư Nguyễn Phú Trọng khi ông đã thành công bắt Mỹ phải công nhận tổng bí thư là ngang hàng với chức tổng thống Mỹ. Điều này chứng tỏ đây là một chính sách đường dài chứ không phải ngắn hạn cho kỳ Đại hội Đảng sắp tới, và dù ai ở vị trí tổng bí thư đi chăng nữa thì cũng sẽ được kế thừa di sản này”. Đọc thêmNâng cấp đối tác chiến lược toàn diện với Pháp, chủ tịch Tô Lâm muốn thể hiện năng lực ngoại giao, ổn định chính trị Việt Nam Mối quan hệ đặc biệt với Pháp được thể hiện qua chuyến công du Hà Nội của tổng thống Emmanuel Macron. Với 14 thỏa thuận trị giá 9 tỷ euro, Pháp muốn hiện diện mạnh mẽ tại Việt Nam, kể cả trong lĩnh vực quốc phòng. Giáo sư Pierre Journoud, Đại học Paul Valery - Montpellier 3, đánh giá : “Có thể nói ngắn gọn rằng bối cảnh hiện nay thuận lợi cho việc Việt Nam và Pháp xích lại gần hơn trong lĩnh vực quốc phòng. Pháp là nước xuất khẩu vũ khí lớn thứ hai thế giới vào năm 2024, cho nên có một số tham vọng chính đáng ở khu vực Đông Nam Á. Còn Việt Nam đã tổ chức triển lãm quốc phòng quốc tế lần thứ hai tại Hà Nội vào tháng 12/2024. Việt Nam bắt đầu đa dạng hóa việc mua vũ khí và trang thiết bị quân sự để bù đắp cho những thiếu hụt thực sự, hoặc được cho là như vậy, của nhà cung cấp Nga, vốn chiếm ưu thế ở Việt Nam”. Kim ngạch thương mại lập kỷ lục, bất chấp thuế đối ứng của Mỹ Năm 2025, tổng kim ngạch thương mại của Việt Nam lập kỷ lục, đạt 920 tỷ đô la, tăng 16,9% so với năm 2024, theo Tổng Cục Hải quan. Trung Quốc tiếp tục là thị trường cung cấp hàng hóa lớn nhất cho Việt Nam, đạt kim ngạch 183 tỷ đô la. Mỹ tiếp tục là thị trường xuất khẩu lớn nhất của Việt Nam, đạt mốc kỷ lục gần 152 tỷ đô la, bất chấp các biện pháp thuế đối ứng (20%) của tổng thống Donald Trump. Tuy vậy, trả lời RFI Tiếng Việt, chuyên gia kinh tế Lê Đăng Doanh cho rằng mức thuế 20% vẫn bất lợi cho các doanh nghiệp Việt Nam, so với một số nước khác được mức thuế 19% hoặc 15% : “Theo tôi, những mặt hàng bị tác động bao gồm may mặc, da giày, kể cả một số mặt hàng đồ gỗ. Nếu như tình hình tiếp tục như thế này, các nhà xuất khẩu Việt Nam sẽ phải tìm cách đa dạng hóa các thị trường và tìm các biện pháp để có thể tiếp tục duy trì sản xuất và xuất khẩu và tìm cách né tránh thuế 20% này. Hiện nay Việt Nam đang cố gắng tìm cách mở rộng thị trường ở Trung Đông và tìm kiếm những thị trường ở châu Phi, đồng thời muốn phát triển những thị trường khác tuy nhỏ nhưng hy vọng là sẽ vẫn có thể đón nhận được hàng hóa của Việt Nam một cách thuận lợi”.  Đọc thêmViệt Nam: Thuế "trung chuyển" của Mỹ gây khó khăn cho doanh nghiệp đầu tư nước ngoài Thặng dự thương mại (đạt 21,2 tỷ đô la) chủ yếu đến từ khối đầu tư trực tiếp nước ngoài (FDI) với 48,2 tỷ đô la bởi vì các doanh nghiệp trong nước thâm hụt thương mại hơn 27 tỷ đô la. Mức thuế 20% có thể khả thi cho hoạt động xuất khẩu của các nhà đầu tư nước ngoài. Tuy nhiên, thuế “trung chuyển” (transshipment) lên tới 40% mới là vấn đề khó khăn. Ông Jean-Jacques Bouflet, phó chủ tịch Phòng Thương mại châu Âu tại Việt Nam - EuroCham, giải thích với RFI Tiếng Việt ngày 08/08 : “Theo thuật ngữ hải quan Hoa Kỳ, “trung chuyển” không chỉ đơn giản là dỡ hàng từ một phương tiện vận chuyển hay từ một hình thức vận chuyển này sang một phương tiện hoặc hình thức vận chuyển khác, mà chủ yếu là sự thay đổi nguồn gốc ở nước cuối cùng. Nói cách khác, nếu quyết định đánh thuế hàng “trung chuyển” được sử dụng để áp đặt một hàm lượng nội địa tối thiểu đáng kể, thì có nghĩa là để ngăn chặn nhập khẩu nguyên liệu từ các nước thứ ba, ý tôi muốn nói ở đây là Trung Quốc chẳng hạn. Đây có lẽ sẽ là một vấn đề lớn đối với phần lớn lĩnh vực sản xuất của Việt Nam (…) bởi vì hiện tại, Việt Nam không thể bảo đảm sản xuất được 100% hoặc 80% sản lượng nội địa, có thể là trừ sản xuất nông nghiệp”. Mục tiêu tăng trưởng 10% năm 2026 khó đạt được vì khó khăn toàn cầu Với tổng kim ngạch thương mại năm 2025 đạt 920 tỷ đô la, Việt Nam gia nhập nhóm 25 nền kinh tế thương mại lớn nhất thế giới. Sau mức tăng tổng sản phẩm quốc nội (GDP) khoảng 8%, chính phủ đề ra mục tiêu tăng trưởng 10% cho năm 2026. Ông Hubert Testard, chuyên gia về châu Á, tổng biên tập báo mạng Asialyst, cho rằng “mục tiêu này lại quá lạc quan, rất tham vọng” : “Trước tiên là mức thuế quan trung bình 20% của Mỹ mà ai cũng biết, nhưng cũng phải kể đến nhiều mức thuế đặc biệt khác đối với ô tô, thép, nhôm. Gần đây, còn có một vấn đề khác đối với các nhà xuất khẩu thủy sản Việt Nam, với thông báo ngừng xuất khẩu một số mặt hàng vào năm 2026. Ngoài ra, bối cảnh chung ở một số nước khác cũng không đặc biệt hơn. Nghĩa là nhu cầu của Trung Quốc không mạnh lắm, châu Âu thì đang cố gắng hạn chế dòng hàng nhập khẩu từ châu Á, đặc biệt là từ Trung Quốc. Vì vậy, bối cảnh quốc tế sẽ kém thuận lợi hơn. Tất cả các tổ chức quốc tế đều dự đoán năm 2026 sẽ có mức tăng trưởng kém hơn một chút so với năm 2025”. Đọc thêm2026 : Bối cảnh quốc tế không thuận lợi cho mục tiêu tăng trưởng 10% của Việt Nam Mục tiêu tăng trưởng cũng có thể bị tác động vì thiệt hại do thiên tai, ô nhiễm môi trường. Theo Cục Quản lý đê điều và Phòng, chống thiên tai, năm 2025 đã đi vào lịch sử thiên tai Việt Nam với những kỷ lục chưa từng có ; thiệt hại kinh tế lên tới hơn 100.000 tỷ đồng (gần 4 tỷ đô la) - lớn nhất từ trước tới nay. Theo Kế hoạch Ứng phó thiên tai chung năm 2025, được Liên Hiệp Quốc xây dựng trên cơ sở hợp tác giữa chính phủ Việt Nam và các đối tác trong nước, quốc tế, khoảng 96,2 triệu đô la được huy động để đáp ứng nhu cầu nhân đạo, hỗ trợ cho người dân bị ảnh hưởng, đồng thời xây dựng lộ trình hướng tới khả năng phục hồi và thích ứng với  biến đổi khí hậu trong dài hạn. Giải quyết ô nhiễm môi trường : Vấn đề cấp bách Một vấn đề khác là tình trạng ô nhiễm không khí ở Việt Nam, khiến khoảng 70.000 người chết. Để giảm bớt “thành tích” nhiều lần đứng đầu danh sách “đô thị ô nhiễm nhất thế giới”, thành phố Hà Nội triển khai lộ trình cấm xe chạy xăng dầu, bắt đầu trong vành đai 1 (trung tâm) Hà Nội, kể từ ngày 01/07/2026. Song song với biện pháp triệt để này, nhà quy hoạch đô thị Basile Hassan, trưởng dự án Moov'Hanoi, Cơ quan hỗ trợ Hợp tác quốc tế Vùng Paris tại Việt Nam - PRX-Vietnam, cho rằng cần phát triển, nâng cấp hệ thống giao thông công cộng để người dân có nhiều lựa chọn : “Mạng lưới giao thông công cộng hiện tại không đáp ứng được nhu cầu của người dân. Hà Nội có tàu điện nhưng lại không đủ, thậm chí còn không đi đến trung tâm thành phố. Trong bối cảnh người dân chủ yếu sử dụng xe máy, rất cạnh tranh về mặt thời gian, đi từ điểm A đến điểm B mà không phải thay đổi phương tiện, cho nên giao thông công cộng có vẻ kém cạnh tranh hơn vì mất thời gian hơn so với xe máy, phải nối chuyến, phải đi đến các bến. Vì vậy về mặt thời gian và hiệu quả, phương tiện công cộng kém hấp dẫn hơn xe máy, được ưa chuộng ở Hà Nội”. Đọc thêm“Xanh hóa” giao thông Hà Nội: Cần bỏ ôtô cá nhân thể hiện “thành đạt” và kết nối hệ thống công cộng Việt Nam đón gần 22 triệu lượt du khách nước ngoài Cho dù trải qua một năm thiên tai, nhiều di tích, công trình bị ngập trong mưa lũ, Việt Nam ghi nhận số lượng du khách nước ngoài kỷ lục, gần 22 triệu lượt. Mục tiêu đặt ra cho năm 2026 là thu hút 25 triệu du khách quốc tế. Ngoài việc chú trọng vào dịch vụ chăm sóc khách hàng, chi phí không quá đắt, thì kéo dài thời gian miễn thị thực đối với nhiều nước được cho là một yếu tố quan trọng, theo giải thích với RFI Tiếng Việt của ông Nguyễn Xuân Hải, giám đốc của La Palanche Voyages : “Bây giờ khi được 45 ngày, có thể người ta đến Việt Nam chỉ 15 ngày thôi, nhưng người ta có thể tiến, lùi ngày để có được vé máy bay tốt hơn, phù hợp với khả năng chi trả của người ta hơn. Miễn visa 45 ngày là cả một bước đột phá lớn (...) Nay có đến 45 ngày miễn visa, giống như là chúng ta đang “thừa giấy vẽ voi”. Chúng tôi sẽ có thể vẽ ra những con voi rất sinh động, đưa được khách đến những vùng xa hơn, sâu hơn, đến những nơi mà theo chúng tôi còn nguyên bản hơn”. Đọc thêmDu lịch Việt Nam: Đà phục hồi bị ảnh hưởng bởi yếu tố kinh tế, địa chính trị

- Dòng vốn FDI chất lượng cao tăng mạnh – điểm sáng của kinh tế Việt Nam trong năm 2025.- Huy động và sử dụng hiệu quả nguồn lực tài chính quốc gia cho tăng trưởng 2 con số.

- “Bùng nổ” FDI vào Vùng kinh tế trọng điểm phía Nam-  Đà tăng tiếp diễn, chỉ số VN-Index đóng cửa ở mức cao kỷ lục phiên chiều qua.

In this video, I interview Dr. Igal German & Rev. Ken Overby about the errors of Replacement Theology. Ken serves as the Executive Director of Jewish Awareness Ministries.You can Learn more about Ken's ministry here:JAM YouTube Channel:  @JewishAwareness44  JAM Website: JewishAwareness.orgJAM Replacement Theology Conference: jewishawareness.org/refuting-replacement-theology-conference/Free Digital Magazine about Replacement Theology: https://mcusercontent.com/d114e810637e141a168db68f2/files/3d284c7f-3482-d8d8-165f-50cab5c64b69/IM_Fall_2025_I.pdfDr. Igal German is the founding Director of Faith Defenders InternationalLearn more about Igal's ministry here: FDI YouTube Channel:  @bibleapologist_fdi  FDI website: https://www.bibleapologist.org/

Today's show reviews the performance of the US economy the past year. Topics covered include actual inflation, jobs and likely GDP numbers. Special focus on Trump's 2 main economic initiatives: the $5 trillion tax cut package and Trump tariffs offensive. What have been the actual impact of both thus far? Likely impact in 2026 and beyond? Trump monetary policy browbeating the Federal Reserve to lower interest rates. Why neither corporate cost reduction via tax cuts and interest rate cuts will have much effect on the real economy. Contradictions in 21st century US capitalism that negate stimulative effects of fiscal and monetary policies. Trump record on war spending and social program spending. US Deficits, National Debt, and interest payments 2025. State of AI investing and financial bubbles (tech stocks, gold-silver, cryptos). What's the Trump record on the trade deficit, FDI financial flows, and US dollar.

The year concludes with mixed news from across the fastener industry, as veteran sales rep Rick Rudolph shares his recipe for seasonal cheer (1:40:39). Eurolink president, Craig Penland is bullish on the future, but keeps watch on European CBAM and other environmental regulations that complicate running a fastener business (23:25). On the Fastener News Report, Martin Inc. EVP Scott McDaniel joins news editor Mike McNulty to unpack the surprising shift of the FDI (57:53). Thread guru Carmen Vertullo explains B7 threaded rod markings on the Fastener Training Minute (1:30:26). PLUS: Zech Williams of Würth Industry explains the YFP approach to professional development (47:48) and Marco Rodriguez of Cresa drops more commercial real estate wisdom (42:49). Brian and Eric think deeply about the coming year as they take stock in the present moment. Run time: 02:25:39

- Thành phố Hải Phòng cần tập trung thu hút FDI thế hệ mới.- Đến thời điểm này, Nghệ An thu hút đầu tư trực tiếp nước ngoài FDI đạt hơn 1 tỷ USD.- Phiên chứng khoán cuối tuần trước, hơn 660 mã giảm, VN-Index tiếp tục “bốc hơi” thêm hơn 52 điểm.

In this episode of Imperfect Show Finance, stock market expert V. Nagappan breaks down several developments that are creating ripples across the Indian market. The discussion begins with the IT raid impacting Refex, examining what the probe means for the company and why investors should pay close attention before taking any fresh positions. The episode also analyses the latest CPI and SIAM data, exploring whether these indicators signal the start of a sustained market rally. In addition, the conversation touches upon trends in silver, FDI flows, and broader economic shifts, helping viewers understand how global and domestic factors are shaping market sentiment. Packed with clear insights and practical guidance, this video is a must-watch for investors looking to navigate volatility with informed decision-making.

How does China's economic model work? Political economist Ben Norton explains the ideas behind Socialism with Chinese Characteristics, discussing China's socialist market economy, historical development, reform process, poverty reduction, industrial policy, and more. VIDEO with charts here: https://www.youtube.com/watch?v=6E89qUXTX-k Topics 0:00 Introduction 1:07 China has world's largest economy 3:01 China's economic development 3:54 Poverty reduction 6:56 Rising incomes 7:42 Life expectancy 8:57 Mortality rates 9:34 Reform and Opening Up 10:16 To get rich is glorious? 11:35 Deng Xiaoping's ideology 13:54 Primary stage of socialism 14:28 Chinese capitalists 15:54 Industrialization & urbanization 16:55 Birdcage economy (Chen Yun) 18:17 State ownership 19:40 State-owned enterprises (SOEs) 20:49 Grasp the large, let go of the small 22:22 Public property 23:16 SOE assets 24:14 Provincial & local governments 25:51 Golden shares in tech companies 26:54 Huawei, biggest worker-owned company 27:17 Rural cooperatives 29:09 Democracy in China? 31:40 Foreign investment in China 33:49 Global value chain 34:34 Foreign direct investment (FDI) 35:48 Industrial policy evolution 38:22 New quality productive forces 39:23 China's green energy revolution 40:24 World's manufacturing superpower 41:04 US deindustrialization & financialization 43:22 US bubble economy 44:37 China popped real estate bubble 46:50 Inequality & uneven development 48:31 Eras of the PRC 49:01 Common prosperity in New Era 49:34 Gini coefficient 50:26 Labor income vs capital income 51:48 Poverty alleviation 52:17 Wages of Chinese workers 52:44 Labor unions in China 55:19 USA funds anti-China labor groups 57:02 Marco Rubio takes over NED 57:32 Delivery workers 58:30 996 system is banned 59:23 Working hours in China 1:00:25 Imperialism & division of labor 1:03:51 AI & new cold war 1:04:45 Silicon Valley model: monopoly 1:05:43 Market competition in China 1:07:44 China opposes private monopolies 1:08:10 State planning 1:09:05 Cold War Two

Fratelli d'Italia non arretra sull'emendamento che riguarda le riserve auree detenute dalla Banca d'Italia: vuole chiarire che quell'oro è degli italiani. Cerchiamo di capire meglio insieme a Carlo Marroni, giornalista de Il Sole 24 Ore. E mentre FdI si occupa di questo tema, in Forza Italia è Piersilvio Berlusconi a prendere la scena sostenendo che siano necessarie "facce nuove e idee nuove". Un messaggio per il Vicepremier Antonio Tajani? Lo chiediamo a Emilia Patta, commentatrice politica de Il Sole 24 Ore. Proseguono nel frattempo le discussioni diplomatiche attorno a una possibile pace in Ucraina. A che punto siamo? Ne discutiamo con Claudio Bertolotti, Direttore di Start Insight.Infine, tutti gli aggiornamenti sulle partite di Conference e Europa League dal nostro Giovanni Capuano.

-Thu hút FDI 11 tháng qua đạt gần 33,7 tỷ USD-Thanh khoản tăng mạnh, VN-Index điều chỉnh nhẹ sau chuỗi tăng liên tiếpẢnh minh hoạ: nguồn internet

Fixify, a leading provider in AI-driven IT support automation, has selected Cork City as the home of its new EU Centre of Excellence, creating 50 skilled jobs in the region over the next 18 months. The new facility will serve as a regional base for Fixify's development, support, and customer success for worldwide operations. This project is supported by the Irish Government through IDA Ireland. Attending the event, Taoiseach Micheál Martin TD said: "This announcement from Fixify to select Cork as the home of its new EU Centre of Excellence demonstrates a deep commitment to the region and creates 50 high-tech jobs in an exciting and growing sector. I have no doubt that these highly skilled jobs in IT, software engineering and data analysis will be a further boost to the workforce in the region. I want to acknowledge the role of IDA Ireland in supporting this project and I look forward to seeing the continued growth of Fixify in Cork over the coming years." Minister for Enterprise Tourism & Employment Peter Burke TD said: "Fixify's decision to establish its EU Centre of Excellence in Cork is very welcome news and is a strong endorsement of Ireland's position as a global leader in technology and innovation. This investment will bring 50 high-quality jobs to the region and further strengthen our thriving digital ecosystem. Cork's deep talent pool, supported by world-class institutions like UCC and MTU, and its proven track record in attracting and sustaining high-value FDI, make it ideally placed to support Fixify's growth. I wish the Fixify team in Cork the very best for the future." Fixify is now hiring in roles including IT Helpdesk Analysts, Software Engineers, Data Engineers, and Data Scientists. To explore career opportunities with Fixify, please visit Fixify careers. "We chose Cork for Fixify's European base - a city that brings together deep technical expertise, quality of life and community spirit - the conditions that make great work last," said Matt Peters, CEO Fixify. "Establishing our base here enables Fixify to tap into Ireland's exceptional talent and contribute to its thriving tech ecosystem as we scale automation and support that remains genuinely human worldwide." "Our investment in Cork is a strong vote of confidence in Ireland's technology talent and infrastructure," added Caroline Coughlan, Director, Employee Experience & People Operations at Fixify "Over the next 18 months, we will be scaling our presence here in parallel with delivering outstanding value to our customers across EMEA." IDA Ireland CEO Michael Lohan said: "I am very pleased that Fixify has chosen Cork as home to its EU Centre of Excellence as it recognises the quality and depth of the South West region's talent pool, Ireland's vibrant culture, and our pro-business environment. I wish to congratulate Fixify on this expansion and look forward to supporting them as they enhance Ireland's reputation as home to a thriving technology sector" See more stories here. More about Irish Tech News Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too. You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news If you'd like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss. Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience. You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.

Farmers are having a tough time of it. Tariffs are driving up costs, and trade wars are driving down crop prices. North Dakota Agriculture Commissioner Doug Goehring talked about those things on this episode of Plain Talk, but he also pointed out another problem. Labor shortages, which not only leave positions unfilled, but also drive up wages for those who are available for hire. "You can't get anybody to come out and want to work on a farm," he said. Contributing to the labor shortage is problems with the H2A visa program for temporary agriculture workers. "H2A is specific to skilled labor that we can bring into the country to help us do the work, because you can't find anybody anymore to do it," Goehring said. "And sometimes when you talk about that, people are like, 'Yeah, you're just trying to get free cheap labor.' No. On the contrary, in fact, if you bring in an H2A worker from South Africa or from South America or Central America, you're required to have housing for them. You're required to pay for their transportation. You're required to pay them, no matter what, when they're here," he continued. Asked if the Trump administration's hostility to immigrants was contributing to labor shortages, Goehring admitted it's having an impact "to some degree," but also pointed to complexities in the visa program, as well as the oil industry's competition for workers. Goehring also discussed the Industrial Commission's $400 million in loan programs to help farmers grappling with tough times. "We're lucky, you know, North Dakota has the only state-owned, sovereign bank in the entire country," he said. "We aren't FDI insured. We're insured by and the backing of the state of North Dakota. So, with that being said, it gives us the ability to develop some programs and be the banker's bank, help them manage and mitigate risk better for our multiple industries out there. This just happens to be agriculture right now because there's been several several areas that have been hard hit in our economy." Also on this episode, co-host Chad Oban and I discuss the national fight over immigration, the challenges of selling and buying locally-produced foods, and the case for harm reduction programs like needle and pipe exchanges in our communities. If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It's super easy — leave your message, tell us your name and where you're from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below. Apple Podcasts | Spotify | YouTube | Pocket Casts | Episode Archive

Farmers are having a tough time of it. Tariffs are driving up costs, and trade wars are driving down crop prices. North Dakota Agriculture Commissioner Doug Goehring talked about those things on this episode of Plain Talk, but he also pointed out another problem. Labor shortages, which not only leave positions unfilled, but also drive up wages for those who are available for hire. "You can't get anybody to come out and want to work on a farm," he said. Contributing to the labor shortage is problems with the H2A visa program for temporary agriculture workers. "H2A is specific to skilled labor that we can bring into the country to help us do the work, because you can't find anybody anymore to do it," Goehring said. "And sometimes when you talk about that, people are like, 'Yeah, you're just trying to get free cheap labor.' No. On the contrary, in fact, if you bring in an H2A worker from South Africa or from South America or Central America, you're required to have housing for them. You're required to pay for their transportation. You're required to pay them, no matter what, when they're here," he continued. Asked if the Trump administration's hostility to immigrants was contributing to labor shortages, Goehring admitted it's having an impact "to some degree," but also pointed to complexities in the visa program, as well as the oil industry's competition for workers. Goehring also discussed the Industrial Commission's $400 million in loan programs to help farmers grappling with tough times. "We're lucky, you know, North Dakota has the only state-owned, sovereign bank in the entire country," he said. "We aren't FDI insured. We're insured by and the backing of the state of North Dakota. So, with that being said, it gives us the ability to develop some programs and be the banker's bank, help them manage and mitigate risk better for our multiple industries out there. This just happens to be agriculture right now because there's been several several areas that have been hard hit in our economy." Also on this episode, co-host Chad Oban and I discuss the national fight over immigration, the challenges of selling and buying locally-produced foods, and the case for harm reduction programs like needle and pipe exchanges in our communities. If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It's super easy — leave your message, tell us your name and where you're from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below. Apple Podcasts | Spotify | YouTube | Pocket Casts | Episode Archive

VOV1 - Với mục tiêu phấn đấu đạt tăng trưởng kinh tế ở mức cao và bền vững, Việt Nam đang có nhiều sửa đổi, bổ sung chính sách thu hút đầu tư FDI theo hướng chuyển từ số lượng sang chất lượng, chú trọng thu hút các dự án trong lĩnh vực xanh – sạch – số, đáp ứng yêu cầu phát triển của giai đoạn mới.- Hoàn thiện chính sách thu hút đầu tư trực tiếp nước ngoài - FDI có chất lượng cao.- Thu ngân sách tích cực tạo dư địa cho tăng trưởng kinh tế cao trong thời gian tới.- Tăng cường xử lý tài sản công dôi dư sau sắp xếp chính quyền địa phương 2 cấp, đảm bảo sử dụng hiệu quả, tránh lãng phí.Tăng tốc thu hút đầu tư FDI chất lượng cao

What is helpful and what is hurtful in attracting new FDI to the US? Listen for more on Two Minutes in Trade. 

Ukraine's antitrust/competition law regime remains in place despite Russia's invasion. How are the rules enforced and what changes can we expect? Timur Bondaryev, a leading Ukrainian lawyer, joins Matthew Hall and Anora Wang to discuss merger control and antitrust/competition law enforcement and practice in Ukraine as well as the proposed introduction of foreign direct investment (FDI) control. Listen to this episode to learn more about the past, present and future of the rules in this important jurisdiction. With special guest: Timur Bondaryev, Senior Partner, Arzinger Related Links: Ukraine: Antitrust Enforcement in Challenging Times, Concurrences (November 2023) Merger control in Ukraine: positive developments for global deals despite wartime challenges, Competition Law International (June 2025) Hosted by: Matthew Hall, McGuireWoods and Anora Wang, Arnold & Porter

Fdi propone di trasferire l'oro della Banca d'Italia allo Stato. Cerchiamo di capire a quanto ammonta e la portata dell'operazione insieme al prof. Alessandro Giraudo. Con Andrew Spannaus ci concentriamo sull'attualità internazionale mentre nella seconda parte di trasmissione ospitiamo in studio Fabio Roia, presidente del tribunale di Milano, e l'avvocata Ilaria Ramoni in vista della giornata internazionale per l'eliminazione della violenza contro le donne del 25 novembre.

In this episode, Uzair talks to Anna Twum about Pakistan's export potential, how import tariffs hurt the export economy, and the ways in which Pakistan's $60bn export potential can be met. Anna Twum is an economist at the World Bank and recently helped write the Pakistan Economic Update published by the World Bank. You can read the full report here: https://thedocs.worldbank.org/en/doc/972c49ee47cc09d4face97b09ea64362-0310012025/original/Pakistan-Development-Update-Staying-the-Course-for-Growth-and-Jobs-October-2025.pdf Chapters: 0:00 Introduction 2:15 Why are exports low? 17:30 Import taxes and exports 33:20 Energy reforms 41:30 FDI for exports

La trimestrale di Nvidia, pubblicata ieri sera, mostra ricavi record oltre 57 miliardi di dollari e una previsione di 65 miliardi per il trimestre successivo, sopra le attese degli analisti; anche l'utile netto, quasi 32 miliardi, supera le stime. Per il mercato globale questi numeri sono determinanti, perché Nvidia vale più degli interi listini di molte capitali europee ed è considerata un indicatore macro oltre che un titolo tecnologico. I conti arrivano dopo settimane di tensione legate ai timori di una bolla sull'IA: l'immediato +5% nell'after market indica sollievo, ma resta il tema degli enormi investimenti richiesti dalla rivoluzione dell'intelligenza artificiale. Le big tech prevedono centinaia di miliardi di spesa nei prossimi anni e stanno aumentando l'indebitamento: una corsa che alimenta dubbi sulla possibilità di ritorni certi e sull'eventuale rischio di sovra-investimenti. Secondo Goldman Sachs, i benefici economici dell'IA potrebbero però arrivare a migliaia di miliardi, potenzialmente sufficienti a giustificare gli investimenti in corso. Interviene Morya Longo, Il Sole 24 Ore.Manovra alle battute finali. Intanto continua a preoccupare la crescitaIl percorso approvativo della manovra entra nella fase decisiva, con 414 emendamenti segnalati come prioritari, di cui 238 dalla maggioranza. Il vertice tra le forze di governo è il primo banco di confronto su temi dove esistono punti d'incontro ma anche nodi ancora irrisolti. Le modifiche in arrivo, però, non cambieranno l'impostazione complessiva della manovra, che non riesce a incidere sulla crescita: per i prossimi anni l'Italia rimane ancorata a livelli vicini allo zero, nonostante l'intervento del Pnrr. L'Italia registra una delle crescite più basse dell'area euro - quest'anno quarta dal fondo, l'anno prossimo seconda, nel 2027 ultima - e la fine del Piano nel 2026 impone un primo bilancio del suo impatto. I dati disponibili confermano che, pur senza generare una crescita robusta, il Pnrr ha evitato stagnazione e recessione, grazie agli effetti espansivi degli investimenti pubblici richiamati dagli studi della Banca d'Italia. Inoltre, poiché gli investimenti di qualità finanziati in deficit riducono il rapporto debito/Pil attraverso una maggiore crescita, si può dire che il Pnrr ha contenuto l'aumento del debito atteso tra il 2024 e il 2026. Ne parliamo con Gaetano Scognamiglio, Presidente Promo Pa Fondazione e Co-fondatore dell'Osservatorio Recovery Plan (OREP). Manovra, Fdi propone di trasferire allo Stato l'oro di BankitaliaFratelli d'Italia ha presentato un emendamento - firmato da Lucio Malan - che afferma che le riserve auree detenute da Bankitalia appartengono allo Stato. Si tratta di un tema che ricorre ciclicamente da almeno vent'anni, spesso legato all'idea di una possibile vendita dell'oro per alleggerire i conti pubblici: un patrimonio stimato in circa 275 miliardi di euro, quasi un decimo del debito nazionale. Tuttavia la competenza su queste riserve non è nazionale: secondo il Trattato dell'Unione europea e le prerogative della Bce, il governo non può disporre autonomamente dell'oro che rientra nel sistema delle banche centrali dell'Eurosistema. È per questo che anche i tentativi precedenti di trasferire la proprietà allo Stato si sono sempre arenati. Il commento è di Franco Bruni, presidente dell'Ispi e professore emerito del dipartimento di Economia dell'Università Bocconi.

Monica Guerzoni parla delle diverse interpretazioni date dal Quirinale e da Palazzo Chigi del faccia a faccia tra il capo dello Stato e la premier all'indomani dello scontro tra il Colle e FdI su un presunto complotto anti-governo. Lorenzo Cremonesi spiega come Usa e Russia sono arrivati a definire un'ipotesi di pace molto penalizzante per Kiev (che non è stata consultata). Francesco Strippoli presenta le Regionali del 23 e 24 novembre.I link di corriere.it:Mattarella e i 20 minuti al Quirinale con Meloni, l'incontro non chiude il caso: toni diversi tra il colloquio e la nota di ChigiIl piano segreto di Usa e Russia: «Colloqui in corso su 28 punti per far finire la guerra in Ucraina»Elezioni regionali in Puglia, Vendola ha un malore e va in ospedale. Lo staff: «Sta bene». Poi l'abbraccio con Decaro in teatro: «Tra noi nessuna guerra»

In this episode of Develop This!, host Dennis Fraise sits down with Bruce Takefman, Founder and CEO of Research FDI, to explore how technology, AI, and global trends are reshaping the future of investment attraction. Bruce shares his personal journey and lessons learned from years of helping communities and economic development organizations (EDOs) compete in a rapidly evolving global marketplace. From AI-powered tools like FDI 365 to training programs that strengthen EDO outreach, Bruce highlights the strategies that separate high-performing organizations from the rest. Listeners will gain insights into: Why a clear investment attraction plan is essential for success How smaller communities can leverage their unique assets The growing role of AI and data analytics in investment outreach How to measure success beyond leads—through site visits and job creation The importance of diversity, inclusion, and global perspective in building competitive teams Whether you're leading a regional partnership or managing a local EDO, this conversation delivers actionable takeaways to elevate your investment attraction efforts and prepare for what's next.

Armi a Kiev e attacchi ibridi alla Polonia - Complotto contro Meloni? FDI chiede spiegazioni

Monica Guerzoni parla dello «stupore» espresso dalla presidenza della Repubblica per le parole del capogruppo di FdI, che aveva chiesto al Colle di smentire di far parte di un complotto anti-Meloni, come scritto da «La Verità». Marta Serafini commenta il via libera delle Nazioni Unite al piano di pace di Donald Trump. Marco Bonet presenta il voto del 23 e 24 ottobre, che chiude i 15 anni da presidente di Luca Zaia (ma lui non sparirà).I link di corriere.it:Bignami: «Piano del Quirinale contro Meloni?». La nota del Colle: «Stupore, sconfina nel ridicolo». E Fazzolari: «FdI e Chigi leali»Il via libera dell'Onu alla risoluzione su GazaElezioni regionali in Veneto, primi scontri in tv tra Stefani e Manildo: botta e risposta su Europa e legittima difesa

Fastener sales continue to race along, as Star Stainless president Tim Roberto Jr. and news editor Mike McNulty explain as they present the latest high octane FDI results on the Fastener News Report (44:34). Meanwhile, industry journeyman and BBQ connoisseur Tony Martinez of Buckeye Fasteners describes a great place for a pit stop (33:15). Back behind the wheel in the fastener industry, newly appointed All-State Fastener CEO Dan Hill shares his view of the road ahead (15:56). Feature: Dan Walker and Preston Boyd of the Industrial Fasteners Institute describe an exciting new apprenticeship program designed for domestic fastener manufacturing (1:31:55). On the Fastener Training Minute, industry expert Carmen Vertullo looks at hydrogen embrittlement testing (1:20:03). Brian and Eric suspect Sam Altman has a secret fastener fetish. Run time: 02:16:45

"Sconfinano nel ridicolo", così ha risposto il Colle alla richiesta di chiarimenti del Capogruppo di FdI alla Camera Bignami, dopo l'articolo apparso sul quotidiano La Verità secondo il quale ci sarebbe un "piano" per affossare il Governo da parte di uno o più consiglieri vicini al Presidente Mattarella. Commentiamo le reazioni politiche con la nostra quirinalista Lina Palmerini.Guerra ibrida, il Ministro della Difesa dice: "Siamo sotto attacco di Teheran e Mosca". Sentiamo Alessandro Marrone, responsabile Programma "Difesa, sicurezza e spazio" dell'Istituto Affari Internazionali.Telemarketing selvaggio e fraudolento, da domani si tenta un ulteriore stretta con una nuova delibera Agcom. Ne parliamo con Luigi Gabriele, Presidente Consumerismo.

In apertura la rassegna stampa critica di Paolo Mieli.Torna a far discutere la riapertura dei termini per la sanatoria, introdotta dal governo Berlusconi nel 2003: è stata infatti inclusa nella legge di Bilancio tramite un emendamento proposto da Fratelli d'Italia. A trarne vantaggio sarebbero soprattutto i residenti della Campania, dove all'epoca il governatore del Pd Antonio Bassolino non mise in pratica la sanatoria. Per parlarne ospitiamo Marco Cerreto, capogruppo FdI in Commissione Agricoltura alla Camera e Marco Di Lello, ex assessore Urbanistica della Regione Campania ai tempi di Bassolino.

La Commissione riconosce all'Italia l'avvio di un percorso virtuoso sui conti, ma registra un rallentamento della crescita, aprendo la questione dell'impatto della Manovra. Gli emendamenti alla legge di bilancio sono circa 5.500, di cui 1.600 della maggioranza. FdI propone la riapertura della sanatoria edilizia del 2003; Forza Italia e Lega chiedono di cancellare l'aumento della cedolare secca al 26% e puntano sulla tassa sull'oro. Si attende il vertice tra Meloni, Salvini, Tajani e Lupi prima del voto sugli emendamenti in Senato. Approfondiamo con Alberto Orioli, editorialista de Il Sole 24 Ore e con Maurizio Lupi, presidente di Noi Moderati e membro della Camera dei deputati.Lo scontro diplomatico Cina-Giappone pesa sul NikkeiLa nuova premier giapponese Sanae Takaichi ha aperto una crisi diplomatica con la Cina definendo un'eventuale offensiva su Taiwan una "minaccia esistenziale", ipotizzando una risposta militare. Pechino ha reagito duramente, riaffermando la futura "riunificazione" e diffondendo messaggi minacciosi. La Cina ha sconsigliato ai cittadini di recarsi in Giappone e inviato navi vicino alle Senkaku/Diaoyu. Intanto l'economia giapponese si è contratta per la prima volta in sei trimestri (-1,8% annualizzato; -0,4% trimestrale), sostenendo il piano della premier per un pacchetto di stimoli oltre 17 trilioni di yen. Le tensioni si sono riflesse sul mercato: forti cali per titoli turistici, retail e cosmetics, compresi Japan Airlines, Ana, Isetan Mitsukoshi, Muji, Uniqlo, Shiseido e Oriental Land. Il Nikkei ha chiuso in lieve flessione (-0,10%), ma un boicottaggio cinese potrebbe pesare per 14,23 miliardi di dollari e ridurre il Pil dello 0,36%. Il commento è di Marco Masciaga, Il Sole 24 Ore New Delhi.Commissione Ue: crescita Eurozona 2025 rivista al rialzo, ma l'Italia resta in difficoltàLa Commissione europea prevede per il 2025 una crescita dell'Eurozona dell'1,3% (contro lo 0,9% di maggio). Per l'Italia, invece, stime riviste al ribasso: +0,4% nel 2025, +0,8% nel 2026, +0,8% nel 2027, con performance tra le più basse dell'area euro. Dombrovskis richiama la necessità di azioni per sbloccare la crescita interna: competitività, semplificazione regolatoria, completamento del mercato unico, innovazione. L'economia europea ha retto meglio del previsto anche all'arrivo di Trump e alla sua strategia commerciale. Per l'Italia il rallentamento del prodotto è attribuito a esportazioni nette negative (-0,7 punti) e fine degli incentivi immobiliari, con consumi frenati dall'incertezza. Sul fronte dei conti, la Commissione certifica un deficit al 3% nel 2025, con volontà del governo di scendere sotto soglia per uscire dalla procedura per disavanzo eccessivo. Parliamone con Alberto Orioli, editorialista de Il Sole 24 OrePer siderurgia ancora contrazione nel 2025, ripresa nel 2026L'evento evidenzia che dopo il rallentamento successivo al "biennio magico" 2021-2022, nel 2024 la siderurgia italiana registra un calo generalizzato: fatturato -9%, valore aggiunto -15%, utili -30%, Ebitda -29%. Le imprese prevedono un'ulteriore contrazione nel 2025: il 53% si attende un calo del fatturato e una riduzione dell'incidenza dell'Ebitda; il 47% un decremento del risultato economico. Le criticità principali restano costi dell'energia, ridotto valore aggiunto dei prodotti, costi di materie prime e semilavorati; sul fronte strategico pesano politiche green Ue, perdita di competitività e concorrenza sleale. Morandi sottolinea che Ebitda sotto pressione e filiera frammentata richiedono consapevolezza dei numeri, visione e coraggio di innovare. Lo studio "Bilanci d'Acciaio 2025" analizza i bilanci 2022-24 di 1.764 imprese e include un sondaggio sulle prospettive 2025. Ne parliamo con Paolo Morandi, amministratore delegato Siderweb, la community dell'acciaio.

Il condono di FDI “eccita” la campagna elettorale in Campania - Il monito di Mattarella contro gli autocrati

Moneycontrol expose on misuse of prop-trading accounts prompts SEBI to act, CBDT seeks precise definition of “data centre” for tax exemptions, jewellery sales surge despite record gold prices, and InterGlobe aviation is set to join Sensex. Also find our reports on the government's renewables policy, Andhra's renewed FDI push, inflation's mixed story, and more in this episode of Moneycontrol Editor's Picks.

Fiorenza Sarzanini parla delle polemiche politiche sull'Autorità per la Privacy nate dalle inchieste della trasmissione «Report» di Sigfrido Ranucci. Lorenzo Cremonesi spiega che cosa cambia nella guerra con l'ingresso nella cittadina del Donbass di 300 militari di Mosca che hanno sfruttato la nebbia. Marta Serafini racconta il primo sì della Knesset al disegno di legge voluto dal ministro Ben Gvir contro i responsabili di attacchi terroristici.I link di corriere.it:Report, FdI attacca: «È contro il governo, ora mozione a tutela del buon giornalismo». Scontro tra Meloni e Schlein sul Garante per la PrivacyPokrovsk, «300 militari russi entrati in città, coperti dalla nebbia»: così il meteo ha «accecato» i droni ucrainiPerché i Baklava di Ben Gvir e la pena di morte per i terroristi possono diventare un problema per Netanyahu

รัฐบาล ‘ทรัมป์' ออกคำสั่งใหม่ให้เจ้าหน้าที่กงสุลสามารถปฏิเสธวีซ่าผู้ป่วยเบาหวานหรือโรคอ้วน ชี้อาจกลายเป็น ‘ภาระของรัฐ' รายละเอียดเป็นอย่างไร จับสัญญาณการลงทุนทางตรง (FDI) ในโลกยุคทรัมป์สมัยที่สอง พูดคุยกับ ดร.ฐิติมา ชูเชิด ผู้อำนวยการอาวุโส ผู้บริหารฝ่ายวิจัยเศรษฐกิจมหภาค ศูนย์วิจัยเศรษฐกิจและธุรกิจ (SCB EIC)

รัฐบาล ‘ทรัมป์' ออกคำสั่งใหม่ให้เจ้าหน้าที่กงสุลสามารถปฏิเสธวีซ่าผู้ป่วยเบาหวานหรือโรคอ้วน ชี้อาจกลายเป็น ‘ภาระของรัฐ' รายละเอียดเป็นอย่างไรจับสัญญาณการลงทุนทางตรง (FDI) ในโลกยุคทรัมป์สมัยที่สอง พูดคุยกับ ดร.ฐิติมา ชูเชิด ผู้อำนวยการอาวุโส ผู้บริหารฝ่ายวิจัยเศรษฐกิจมหภาค ศูนย์วิจัยเศรษฐกิจและธุรกิจ (SCB EIC)

The Doers Nepal – Nepal's Longest Running Business Podcast Three Nepali founders who built, scaled, and exited ventures in Bengaluru share their experiences. They discuss: -Differences between India and Nepal's startup ecosystems -Challenges like brain drain, FDI restrictions, and high equity demands -The real homework every layer(government, corporates, colleges) must do to build a system that works -Shift from services to products for growth -AI's role in efficiency and creativity -Mindset differences between Indian and Nepali youth. Want to join us live in the studio as an audience member? Fill out this form: https://forms.gle/xZi8yptyoxkkc6aa8   Reach out to us at partners@doersnepal.com    Host: Anup Ghimire, Founder of Doers Nepal LinkedIn: https://www.linkedin.com/in/anup-ghimire-9366aa5a/   Guest: Bhupendra Khanal, Founder & Ceo - Dogsee Chew LinkedIn: https://www.linkedin.com/in/khanalbhupendra/    Laxmi Khatiwada, Co-founder, Glancewise LinkedIn: https://www.linkedin.com/in/lkhatiwada/  Hemant Kumar Shah, Co-Founder, Finnoto https://www.linkedin.com/in/hemantanshu/   Follow The Doers Nepal: Instagram: / https://www.instagram.com/thedoersglobal/  Facebook: / https://www.facebook.com/thedoersnepal   Production Partner: Viewfinders Production Instagram: / https://www.instagram.com/viewfindersstudio/?igsh=MWlseDV5azB3Y3lsMw%3D%3D#  This episode is strengthened by Hama Steels, the Strength Partner of our Doers Goes to India series.  https://www.facebook.com/share/1AGS33qQH3/  https://www.instagram.com/hamasteel/  Need help building a high-quality podcast? They've got you covered – from set design and shooting to post production and guest curation.  Wedding Dreams Nepal Instagram: / weddingdreamsnepal Website: https://weddingdreamsnepal.com  Call: +977 9813657889

Selon l'OMS, près de 3,5 milliards de personnes sont touchées par des affections bucco-dentaires. Prendre soin de ses dents au quotidien permet de prévenir les caries comme les maladies des gencives, qui peuvent entrainer de multiples complications, au-delà, bien sûr, de la douleur dans la zone bucco-dentaire, la rage de dent, qui peut nécessiter une prise en charge en urgence. Quel type de brosse à dents choisir ? Quels sont les gestes à éviter ? Quand aller consulter un dentiste ? Comment l'alimentation peut-elle agir sur la santé des dents ?  Pr Catherine Chaussain, dentiste, praticien hospitalier au service Odontologie à l'Hôpital Bretonneau. Dirige un laboratoire de recherche en pathologies dentaires à Paris Cité. Professeure à la Faculté dentaire de l'Université Paris Cité Dr Emile China, chef du cabinet dentaire du PK3, à Cotonou, ancien coordonnateur du Programme de santé bucco-dentaire au Bénin et ancien conseiller de la Fédération dentaire internationale (FDI). ► En fin d'émission, nous parlons de l'écriture braille à l'occasion des 200 ans de cette écriture en relief inventée pour les non-voyants et malvoyants en 1825. Interview de Bruno Gendron, président de la Fédération des aveugles de France.  Programmation musicale :  ► Mariana Froes – Figa de Guiné ► Daara J Family – Cosaan.

Selon l'OMS, près de 3,5 milliards de personnes sont touchées par des affections bucco-dentaires. Prendre soin de ses dents au quotidien permet de prévenir les caries comme les maladies des gencives, qui peuvent entrainer de multiples complications, au-delà, bien sûr, de la douleur dans la zone bucco-dentaire, la rage de dent, qui peut nécessiter une prise en charge en urgence. Quel type de brosse à dents choisir ? Quels sont les gestes à éviter ? Quand aller consulter un dentiste ? Comment l'alimentation peut-elle agir sur la santé des dents ?  Pr Catherine Chaussain, dentiste, praticien hospitalier au service Odontologie à l'Hôpital Bretonneau. Dirige un laboratoire de recherche en pathologies dentaires à Paris Cité. Professeure à la Faculté dentaire de l'Université Paris Cité Dr Emile China, chef du cabinet dentaire du PK3, à Cotonou, ancien coordonnateur du Programme de santé bucco-dentaire au Bénin et ancien conseiller de la Fédération dentaire internationale (FDI). ► En fin d'émission, nous parlons de l'écriture braille à l'occasion des 200 ans de cette écriture en relief inventée pour les non-voyants et malvoyants en 1825. Interview de Bruno Gendron, président de la Fédération des aveugles de France.  Programmation musicale :  ► Mariana Froes – Figa de Guiné ► Daara J Family – Cosaan.

Join hosts Richard Cunningham and Luke Roush alongside special guests Andrew Behrman and Jonathan Carvalho Pruna of Sovereign's Capital for FDI's November Marks on the Market episode. With over 130 general partners from across private equity, venture capital, real estate, and private credit in attendance, this episode captures the heart of a movement where faith and capital are converging for Kingdom impact.Key Topics:How faith-driven GPs are creating operational value in the current higher-for-longer rate environmentSpiritual integration practices: broad-based employee ownership and workplace chaplaincyThe explosive growth of secondary markets addressing liquidity needsPrivate market trends across healthcare, education, and other sectorsBuilding cultures that serve employees, investors, and Kingdom purposesNotable Quotes:"If not us, who? If not now, when? The Lord has given each of us an opportunity to be impactful in the spheres where he has us operating." - Luke Roush"You got to step into a space and create real value with the operations of the company that you're partnering with, or you're just not going to be an outperformer in private equity venture capital for much longer." - Andrew Behrman"I would just challenge folks to really land into the ways that they can love on their investment teams and their portfolio companies." - Jonathan Carvalho PrunaEpisode Description:More than 130 faith-driven fund managers gathered at Wheaton College for the 3rd Annual Faith Driven Investor Fund Manager Gathering, representing a movement that spans venture capital, private equity, real estate, and private credit. This episode takes you inside that catalytic gathering, where vulnerability, operational excellence, and spiritual integration practices took center stage.Richard Cunningham leads a conversation with Luke Roush (Managing Partner, Sovereign's Capital), Andrew Behrman, and Jonathan Carvalho Pruna from Sovereign's fund-to-funds team. Together, they unpack key themes from the gathering: how operational value creation is becoming the primary driver of private equity returns in today's rate environment, why secondary markets are experiencing explosive growth, and how faith-driven managers are pioneering spiritual integration through broad-based employee ownership and workplace chaplaincy programs.The episode features insights from panels covering healthcare and education investing, secondary markets, real estate strategies, and founder care in venture capital. Hear how Riverside Value Fund is rolling out employee ownership across portfolio companies, how Brinley Fire Services employees are living out faith-driven culture through chaplaincy, and why the democratization of private markets is creating new opportunities for Kingdom-minded capital allocators.Whether you're a fund manager seeking community, an LP evaluating faith-driven strategies, or an investor curious about integrating faith and finance, this episode offers a compelling vision for how God is moving through the private markets.

น้อมรำลึกพระมหากรุณาธิคุณสมเด็จพระพันปีหลวง ราชินีแห่งไหมไทย ต้นแบบอนุรักษ์ผ้าไทยก้องโลก ‘ศิลปาชีพ' สร้างเศรษฐกิจชุมชนยั่งยืน รายละเอียดเป็นอย่างไร FDI: ทิศทางการลงทุนจากต่างประเทศของไทย พูดคุยกับ กีรติญา ครองแก้ว, นักวิเคราะห์, ศูนย์วิจัยเศรษฐกิจและธุรกิจ (SCB EIC)

The fastener industry reports brisk sales, but optimism is slipping. Why is this happening? Abbott-Interfast president Bob "GQ" Baer joins news editor Mike McNulty to mull over the confusing FDI numbers on the Fastener News Report (52:05). Industry legend, Mr. Bruce Darling, is remembered during a heartfelt conversation with Stelfast purchasing manager, Jim Jordan (1:35:36). IFI chairman Larry Spelman speaks from the recent fall conference in Louisville (15:25). On the Fastener Training Minute, guru Carmen Vertullo talks torque to yield fastening (1:25:21). PLUS: Marco Rodriguez of Cresa: buy vs. lease? (35:31) and Parker Jensen of Atlas Distribution and the NFBBQA (39:47). Brian and Eric point out that you don't need a moon roof on a lunar rover. Run time: 02:12:36

Join hosts Richard Cunningham and John Coleman alongside special guest Tim Macready for FDI's October Marks on the Markets episode. This roundtable discussion examines Q4 2025's complex investment landscape: Fed rate cuts colliding with government shutdowns, sticky inflation at 2.9%, and markets continuing their remarkable 14% year-to-date climb despite mounting uncertainties.Key Topics:Federal rate cuts and their impact on private credit markets and real estateThe bifurcation of the US economy: wealth creation at the top versus challenges for lower-income householdsAI revolution's early effects on employment across different sectors and wage bandsPrivate markets landscape: venture capital resurgence, private equity stagnation, and real estate headwindsTariffs, H-1B visa changes, and the reshoring debate's practical implicationsFaith-driven investing movement update: growth in ETF options, impact measurement frameworks, and theological deepeningNotable Quotes:"The workforce in this country is so mobile relative to other parts of the world, willing to move for economic reasons... there's so much entrepreneurial drive, and this impetus to create and create new ideas and new products." - Tim Macready"I'm of the personal opinion it would actually be quite healthy for financial markets if we saw a 10, 15% correction over the next 12 months or so concentrated in those really highly valued growth stocks at the top end." - John Coleman"We're seeing more products, more assets, more options. We're also seeing a deepening of the recognition of integrity, impact integrity, of authenticity, of being able to articulate not just, hey, we're a Christian organization and we're investing, but what that means in practice." - Tim MacreadyEpisode Description:As Q4 2025 begins, faith-driven investors face a paradox: soaring public markets alongside economic bifurcation, technological disruption, and policy uncertainty. This October Marks on the Market episode brings together three seasoned investors to dissect what's really happening beneath the surface of headline numbers.Richard Cunningham, John Coleman, and Tim Macready examine the Fed's recent rate cut against the backdrop of a government shutdown, 3.8% GDP growth, and inflation that refuses to fully retreat. The conversation moves beyond macro headlines to explore what matters for faith-driven capital deployment: Are small and mid-cap stocks finally poised for their moment? How will AI's early employment impacts ripple through different economic strata? What does authentic impact measurement look like as the faith-driven investing movement matures?The discussion tackles private markets with particular nuance. Venture capital is resurging as IPO markets reopen, but private equity remains sluggish as firms wait for better exit conditions. Real estate continues working through its post-pandemic adjustment, while private credit faces questions about sustainability as rates potentially decline. John shares profound reflections from a recent World War II historical tour, connecting lessons about human courage and evil to today's calling for faithful stewardship. Tim provides encouraging updates on the faith-driven investing ecosystem's growth, including new ETF launches and the Christian Impact Framework's development for authentic impact measurement.

Sam Bresnick, Research Fellow and Andrew W. Marshall Fellow at Georgetown's Center for Security and Emerging Technology (CSET), joins Lawfare's Justin Sherman to discuss his recently published report, “Big Tech in Taiwan: Beyond Semiconductors.” They discuss a previous report Sam coauthored with Georgetown CSET colleagues, “Which Ties Will Bind?,” looking at U.S. Big Tech companies' exposure to China; Sam's recent report on the 17 examined companies' Taiwan entanglements; and how greenfield foreign direct investments (FDI), research and development (R&D) centers, data centers, supply chains, and more expose the studied U.S. companies to Taiwan. They also discuss how companies think about the geopolitical and security threat space, perspectives on “derisking” versus “decoupling” from Taiwan or China, and how U.S. policymakers could better track, identify, and potentially mitigate the risks.To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.