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Nurwanto Nurwanto - School Violence and Bullying In recent months Indonesians have grown increasingly concerned and indeed outraged following several reports of deadly violence involving children as young as elementary school age. In a case in Riau in May an eight-year-old boy died after complications due to a ruptured appendix, which his parents believe was the result of beatings he suffered at the hands of fellow students aged 11-13 years. Around the same time, a video when viral of a brawl involving 20 primary school aged children in Depok. In response, the Governor of West Java, Dedi Mulyadi, called for the students involved to be sent to military camps. These recent cases have focused the country's attention on what has been a critical issue for some time. In 2024 the Indonesian Child Protection Commission (KPAI) reported that cases of violence among school students had increased 32%, and a 2018 PISA survey showed that 41% of Indonesian students aged 15 years reported being bullied, nearly double the OECD average of 23%. Across various levels of government and among stakeholders a range of regulations and taskforces have been established to tackle the issue, but they are falling short. What is school violence and bullying and why is it becoming more prevalent among young people? What are schools, parents and policymakers currently doing to tackle it, and what more needs to be done? In this week's episode Jemma chats with Nurwanto, a lecturer education at Universitas Muhammadiyah Yogyakarta. His Phd thesis is titled 'Nurturing peace through education: advocating a pedagogy of love in urban schools in Yogyakarta, Indonesia', University of Western Sydney, 2023. In 2025, the Talking Indonesia podcast is co-hosted by Dr Jemma Purdey from the Australia-Indonesia Centre, Dr Jacqui Baker from Murdoch University, Dr Elisabeth Kramer from the University of New South Wales and Tito Ambyo from RMIT. Image: Flickr CC/lau rey
Experts dismiss tax fears over potential Caribbean CBI residency requirements: “That argument doesn't hold water.”View the full article here.Subscribe to the IMI Daily newsletter here.
Vor allem in Großstädten gibt es Schulklassen, in denen die Mehrzahl der Kinder einen Migrationshintergrund hat. Unterschiedliche Sprachniveaus sorgen teilweise für Frust bei Lehrern, Schülern und Eltern. Bundesbildungsministerin Prien (CDU) hält eine Obergrenze für Kinder mit Einwanderungsgeschichte für „ein denkbares Modell“. Kann eine solche Quote das Lernen fördern? Welche Folgen hätte sie für die Kinder, die die Schule wechseln müssten? Und welche alternativen Lösungen gibt es, um besseren Unterricht für Alle zu ermöglichen? Doris Maull diskutiert mit Dr. Andreas Schleicher – Direktor für Bildung und Kompetenzen bei der OECD; Heike Schmoll – Bildungsredakteurin bei der Frankfurter Allgemeinen Zeitung; Monika Stein – Landesvorsitzende der GEW Baden-Württemberg
Demography is the study of human populations, while demographics refer to the characteristics of a population like age, gender, ethnicity, income, education, health. These traits both influence – and are influenced by – the climate crisis. In this episode, James and Daisy speak with John Elkington, a world authority on corporate responsibility and sustainable capitalism. Together they explore the role demographics play in shaping our climate future. What role do older generations play in shaping – or resisting – climate action? Will immigration become the main driver of population growth? How should demographic shifts inform climate solutions?SOME RECOMMENDATIONS: Rewilding Markets – John Elkington's blog on how we can design - and redesign - markets to meet tomorrow's needs.Hannah Ritchie (2025) – A data-led blog showing that while the generational divide in belief and concern about climate change is small, the differences are slightly greater when it comes to views on how to address it.Project Drawdown – Family planning and education could reduce carbon dioxide equivalent emissions by nearly 70 gigatons by 2050.Our World in Data – In 1800, the global population was 1 billion. It's now over 8 billion. The UN projects that the global population will peak in 2086 at just over 10.4 billion people.OTHER ADVOCATESAND RESOURCES:Green Swans (2020) – John Elkington's twentieth book, a manifesto for system change designed to serve people, planet, and prosperity.IPAT Equation – I = P × A × T – Developed by Paul Ehrlich and John Holdren in 1972 to describe how impact (I) or environmental change is a function of population size (P), affluence (A), and technology (T).The Conduit (2025) – By 2050, Spain will have 8 million fewer working-age people, so it is issuing work permits to 900,000 undocumented migrants. The Bank of Spain estimated that immigration contributed a fifth of the near 3% GDP growth between 2022 and 2024.BBC (2019) – France spends more public money on families than any other OECD country. Its benefits include a ‘birth grant' of around €950, followed by monthly child benefit and diverse family allowances, income tax reductions and state-subsidised day-care.BBC (2024) – A 2021 survey of 10,000 people aged 16 to 25 found that more than 40% of respondents in Australia, Brazil, India and the Philippines said climate change made them hesitant about having children. In France, Portugal, the UK and the US the figure was between 30% and 40%. In Nigeria it was 23%.Ingka Young Leaders Forum – A global youth advisory council where Ingka Group's senior decision-makers and the Young Leaders Forum members co-create actionable and transformational strategies together. Ingka Group is the largest IKEA franchisee. edie (2021) – At COP26, the Body Shop explored how a youth council could ensure that younger generations had their voices and issues heard by decision makers.SOME FACTS: United Nations (2017) – The population of Nigeria is projected to surpass that of the United States by about 2050, at which point it would become the third largest country in the world.UN ECA (2024) – Globally, more than 1 in 4 people will be African in 2050, from 1 in 11 in 1960.European Commission (2023) – By 2060, Europeans over the age of 65 could account for 39% of the region's total emissions.Thank you for listening! Please follow us on social media to join the conversation: LinkedIn | Instagram | TikTokYou can also now watch us on YouTube.Music: “Just Because Some Bad Wind Blows” by Nick Nuttall, Reptiphon Records. Available at https://nicknuttallmusic.bandcamp.com/album/just-because-some-bad-wind-blows-3Producer: Podshop StudiosHuge thanks to Siobhán Foster, a vital member of the team offering design advice, critical review and organisation that we depend upon.Stay tuned for more insightful discussions on navigating the transition away from fossil fuels to a sustainable future.
Hello, and welcome to episode 170 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. This episode unpacks a wide range of developments—from targeted sanctions and regulatory refinements to emerging threats driven by AI and deepfake technologies. Highlights include UK and US moves against sanctioned individuals and groups, new OFSI guidance on debt payments and domicile, and evolving shadow banking tactics linked to Iran. The episode also explores FATF's warnings on terrorist financing, the FCA's updated PEP guidance, OECD's integrity reports across Eastern Europe and South Africa, and regional efforts to bolster anti-corruption and AML capacity. With cyber-enabled fraud and AI-driven evasion pushing global enforcement systems to the brink, it's a critical moment for compliance professionals and policymakers alike.A transcript of this podcast, with links to the stories, will be available by Monday at www.crimes.financial.
Was, wenn die Krypto-Daten, dein Bankkonto und deine Stiftung bald nicht mehr dir gehören? Wenn dein gesamtes Vermögen in digitalen Euro umgewandelt wird – über Nacht sperrbar? In diesem Video zeige ich dir die vier zentralen Pfeiler eines globalen Kontrollsystems, das längst geplant ist:
Recently, Science and Technology Minister, Shane Reti, announced New Zealand's first-ever artificial intelligence, or AI, strategy. With this, Aotearoa becomes the last country in the OECD to establish guidelines around the use of AI. Despite the establishment of this strategy, which is aimed at enticing the private sector to incorporate and invest in AI, there are concerns that the strategy does not introduce any new legislation to regulate AI, rather using already existing legislation, and fails to address ethical concerns. News and Editorial Director and Monday Wire Host, Joel, spoke to Dr Collin Bjork — a senior Communications lecturer at Massey University, about this strategy document, and how much of an impact this strategy will have on the private sector to be better engaged with AI usage. They also spoke to AI and technology governor, Dr Karaitiana Taiuru, about how te ao Māori is engaged with this strategy, and whether more needs to be done.
Join us on this episode of Trending in Education as Mike Palmer talks with Dr. Margaret Honey, President and CEO of the Scratch Foundation. We dive into the world of Scratch, the visual programming language that's empowering a new generation of creative thinkers and makers. Dr. Honey shares her unique career path, starting from her high school days reading about experimental schools to her impactful work at Children's Television Workshop (now Sesame Workshop) and the New York Hall of Science. We explore how Scratch, developed at the MIT Media Lab by Mitch Resnick, isn't just about teaching kids to code formally, but about providing an accessible, playful tool for creative expression. Discover how over 150 million young people have used the platform since 2007, creating more than a billion projects. We discuss the critical role of curiosity and imagination in a world increasingly shaped by AI, emphasizing how these distinctly human attributes help us remain in the driver's seat of technology. Learn about the maker's mindset embedded in Scratch, where users actively engage with the platform to bring their ideas to life through games, stories, and animated environments. We also differentiate between Scratch Junior (for younger children) and Scratch, highlighting how the platform fosters durable skills like grit, resilience, problem-solving, and critical thinking. Dr. Honey explains Scratch's commitment to maintaining productive struggle and experimentation, ensuring AI serves as a tool to enhance, not replace, human creativity and problem-solving. We also discuss the broader implications for K-12 education, the shift towards using technology as a generative tool for problem-solving and knowledge representation, and the importance of fostering a sense of agency in learners. Dr. Honey touches on the PISA assessment's new "Learning in the Digital World" component and how it aligns with Scratch's constructivist principles. Finally, we hear about the "Curiosity Convening" in October 2025, bringing together global researchers and practitioners to explore the most effective ways to nurture curious, hands-on learning. Key Takeaways: Cultivating Curiosity & Imagination: In an AI-driven world, human attributes like curiosity and imagination are crucial for staying in control of technology and fostering creative competencies. The Maker's Mindset and Durable Skills: Scratch promotes an active "maker's mindset," encouraging children to build and create, thereby developing essential durable skills such as grit, resilience, logical thinking, and debugging. AI as an Enhancement, Not a Replacement: The Scratch Foundation aims for AI to be a tool that aids problem-solving and sparks curiosity, rather than performing tasks for users, preserving the valuable "productive struggle" in learning. Learning as Development: Emphasizing that learning is a foundational form of human development, fostering interaction, collaboration, and a sense of agency, rather than solely focusing on test outcomes. Global Shift in Education: We are seeing a global movement, exemplified by the OECD's new assessment, towards using technology as a generative tool for problem-solving and building representations of knowledge, shifting beyond simply learning to code. Don't miss this insightful conversation that illuminates the future of education, work, and how we can empower the next generation with the skills and mindset to thrive in a rapidly evolving technological landscape. Subscribe wherever you get your podcasts. Video versions are up on Youtube and Spotify.
How can we turn great ideas into lasting social impact? In this episode of the OECD Podcast, Shayne MacLachlan speaks with Jeroen Jutte, Head of the European Social Fund Coordination Unit at the European Commission. They explore how the EU is using its flagship funding instrument to support and scale social innovation—from pilot projects in disadvantaged communities to multi-country initiatives reaching millions. With funding of over €2 billion dedicated to social innovation, the ESF+ offers a powerful model for using public investment to solve social challenges. Tune in to learn how Europe is taking ideas from the ground and turning them into lasting change. To learn more on ESF+: https://european-social-fund-plus.ec.europa.eu/en https://european-social-fund-plus.ec.europa.eu/en/social-innovation Discover the Local Development Forum: https://www.oecd.org/en/networks/oecd-local-development-forum.html Read the report Starting, Scaling and Sustaining Social Innovation: Evidence and Impact of the European Social Fund: https://www.oecd.org/en/publications/starting-scaling-and-sustaining-social-innovation_ec1dfb67-en.html Host: Shayne MacLachlan, Public Affairs and Communications Manager at the OECD Centre for Entrepreneurship, SMEs, Regions and Cities Guest: Jeroen Jutte leads the European Social Fund Plus coordination unit in the Employment, Social Affairs and Inclusion DG of the European Commission. He has also led units dealing with Romania/Bulgaria, the European Semester (EU economic governance), and one dealing with budget discharge as well as relations with the European Court of Auditors. Mr. Jutte is a macro economist by training. To learn more about the OECD, our global reach, and how to join us, go to www.oecd.org/en/about.html To keep up with latest at the OECD, visit www.oecd.org/ Get the latest OECD content delivered directly to your inbox! Subscribe to our newsletters: www.oecd.org/en/about/newsletters.html
Slovakia Today, English Language Current Affairs Programme from Slovak Radio
June 24 marked International Women in Diplomacy Day. To mark the occasion, a public discussion was held at the European Parliament Liaison Office in Bratislava. In this follow-up, we bring you some highlights from that event and speak with both the host and guests about the importance of women's representation in diplomacy and high-ranking positions. Joining the conversation are former Slovak ambassador, State Secretary at the Ministry of Foreign and European Affairs, and twice Permanent Representative of Slovakia to the OECD in Paris – Ingrid Brocková; former ambassador, head of protocol, and director of the press department at the Office of President Michal Kováč in the 1990s – Anna Tureničová; researcher at the Faculty of Social and Economic Sciences at Comenius University – Zuzana Maďarová; and the event's organizers. They share personal stories from diplomatic missions, reflect on how the field has changed, and speak candidly about challenges and progress toward gender equality in society. The new episode of the Slovak Sound Check introducse the conjugation of the verb mať – to have.
How to improve Ukraine's education system during a time of war was the main topic of discussion at an education festival in the western Ukrainian city of Lviv last month. More than 2,000 Ukrainian teachers gathered for the Teachers of the Future 2025 festival to discuss efforts to reshape schools across the country. Despite Russia's ongoing war of aggression, Ukrainian policymakers are pushing forward with reforms to tailor learning for all students so they can fulfil their full potential. The New Ukrainian School reforms, launched in 2016, focus on developing key life competencies, empowering teachers and fostering critical thinking and creativity in pupils. In this episode of Top Class, the OECD's Duncan Crawford spoke to policymakers, teachers and students at the festival about the impact of the reforms.
“Are we valuing what we measure or measuring what we value?” It's probably a familiar question to many of you. And this week we're taking a detailed and reflective look at the role of measuring complex competencies in our schools, as this is often a big part of the discussion about what needs to change in formal education. In previous episodes (Ep72 and Ep148), I have chatted with folks from Melbourne Metrics, Rethinking Assessment and Mastery Transcipt Consortium. This week we're particularly pleased to be able bring you this conversation with Michaela Horvathova from Beyond Education. Personally I have some real questions and tensions about this topic, and it was so useful to be able to discuss them in a really open and collaborative way with Michaela, who has deep expertise in this area. She and her team at Beyond Education are being incredibly thoughtful and rigorous about ho w they proceed in bringing these approaches into schools.As the co-founder and Chief Education Officer of Beyond Education and co-founder of Beyond International School in Portugal, Michaela is an international education policy expert focused on the future of education and skills for the digital age and the 4th Industrial Revolution. She has been a policy analyst at the OECD, Education Advisor to the Prime Minister of the Slovak Republic, researcher and curriculum expert at the Center for Curriculum Redesign and worked as a consultant with UNICEF, International Baccalaureate and many other organistions. She has extensive global experience in curriculum design and reform for 21st century skills & competencies, learning outcomes, evaluation & assessment. Links:https://beyondeducation.tech/blog/https://beyondeducation.tech/assessment/https://www.linkedin.com/in/michaela-horvathova-b548378/
Story of the Week (DR):‘Merica:Elon Musk says he'll form the 'America Party' if Trump's 'insane' spending bill passesTrump says he'll 'look' at deporting Musk as feud reignitesBuffett donates $6B in Berkshire stock to 5 foundations: Lifetime giving tops $60B MM9.43 million shares to the Gates Foundation943,384 shares to the Susan Thompson Buffett Foundation;660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo FoundationMark Zuckerberg sees 'the beginning of a new era' for humanity in superintelligenceTech Workers Say They're Rapidly Being Replaced by AIBurger King to roll out 1,900-calorie 'yokozuna' burger in sumo collabThe 2,590-yen ($18) Baby Body Burger features five flame-grilled beef patties, four slices of bacon and four slices of cheddar cheeseJeff Bezos and Lauren Sánchez's Extravagant Wedding Sparks Global Debate on Wealth InequalityThe reportedly $50m affair booked all nine of Venice's yacht ports, closed parts of the city to the public and forced the relocation of hotel guests to make room for the happy couple.Though Sánchez claims to be “dedicated to fighting climate change”, and Bezos has called the issue “the biggest threat to our planet”, their guests arrived in the City of Bridges via 96 private jets, the most carbon-intensive mode of transportation.If Caitlin Clark's worth a ‘billion' to WNBA, why is she paid only a fraction of that?$78,066Average annual salary for NBA players during the 2024-25 season: approximately $12MGoodliest of the Week (MM/DR):DR: Zohran Mamdani's victory in NYC mayoral primary leaves Wall Street 'alarmed' and 'depressed' MMMM: EU Regulators Propose Integrating ESG Risks into Stress Tests for Banks, Insurers DRThis might be the realest use of ESG data everAssholiest of the Week (MM): Jeff BezosJeff Bezos and Lauren Sánchez's lavish Venetian wedding by the numbersJeff Bezos Planned $5.4 Billion Amazon Stock Sale on Wedding DayAmazon deploys its 1 millionth robot in a sign of more job automationDisabled Amazon workers in corporate jobs allege ‘systemic discrimination'Proxy seasonBetter than expected, but uncertainty remains: The 2025 US proxy seasonHere's the summary:The number of shareholder proposals are down in the USBut investor support for the non anti-woke proposals remains steady at around 20% in favor, which is greatNo actions by the SEC have increased in number, but not percentage holding steady at 69% rejected, but companies are still listening to investors through engagementNot in the summary:NOT SINGLE MENTION OF A DIRECTOR VOTEDirector votes make up 98% of global voting - 98%! And proxy season is only shareholder proposals and the anti woke? Are you fucking joking?No mention of the average approval for directors?No mention of the rise of activists - this is the most active year for activist investors in recent memory? Mike Levin has been cataloguing it on the Shareholder Primacy podcast - more activism, larger slates, more wins?Isn't the story how ISS and Glass Lewis ignore directors unless there's an activist involved? Or that views on how to measure director performance are shifting?No, the constant story we hear is about the 500 or so shareholder proposals that happen - not the 80,000 active directors that get a voteInvestors are racistPhilippine corporate governance hindered by highly concentrated ownership, OECD saysCONCENTRATED corporate ownership, particularly among family owned listed firms, undermines corporate governance, the Organisation for Economic Co-operation and Development (OECD) said.“These ownership structures often blur the lines between ownership and management, which can lead to the appointment of successors based on family ties or loyalty rather than qualifications, increasing the risk of poor leadership and weak oversight,It said such controlling shareholders may choose to benefit themselves at the expense of minority shareholders through related-party transactions, asset transfers or the appropriation of company resources for personal or familial use.The OECD said corporate governance weaknesses and concentrated ownership structures continue to weigh on investor confidence in some Asian marketsI read the Sweden report - Sweden is majority dual class shareholders held by foundations, with power concentrated amongst white men even though they mandate 40% women on boardsMinority shareholders basically have no real rights, as the companies are owned by a web of family and foundation interests - but OECD said:… a shareholder with practical majority control of the votes in the company can exert significant control, but also that efficient governance requires there to be a shareholder, or a coalition of shareholders, that monitors the company, engages with the board, and proposes and votes on important matters such as the election of board directors. Dual class share structures have been allowed in Swedish law for over a century to facilitate such engagement.Extensive individual shareholder rights, allowing any shareholder (regardless of the size of their holdings) to add items to the agenda of the general shareholder meeting, to ask the board questions at the general shareholder meeting, and to challenge a decision by the general shareholder meeting in court (with the court being able to invalidate a decision and even replace it with another).So it's ok in Sweden for the majority of the market to be controlled because shareholders can go to the annual meeting and complain without power, but in Asia where they don't bother pretending it's bad?Companies are fucking with your votesPress Release: Deirdre Stanley to Join PayPal's Board of Directors - Jun 24, 2025Increase board size, add person… 19 days after the AGMNo mention of expansion in the proxy, no mention of Deidre StanleyData I have on executive searches suggests it takes an average of about 220 days to find a CEO - assume that it takes 50% of that to place a directorThat would mean PayPal likely started searching for Deidre to join the board at the beginning of March this yearThe proxy came out April 21, 2025 - for nearly two months, PayPal knew it would expand the board and add this person, but it never mentioned it in the proxy or allowed investors to vote on their own representation?I ran numbers on how often this happens - companies fucking with the timelines to add directors to their boards without votes less than 30 days after the AGM. If you want the full numbers, go download our Proxy Countdown show, but here are the highlights:In the last 5 years, it's happened 247 times - at more than a dozen companies, it's happened more than onceAt Rockwell Automation, this happened EVERY YEAR for THREE YEARS - they paid a person without a voteHeadliniest of the WeekDR: People Are Being Involuntarily Committed, Jailed After Spiraling Into "ChatGPT Psychosis"MM: Elon Musk Says He Is So Sorry for His Horrible BehaviorWho Won the Week?DR: Charlize Theron: “I think we might be the only people who did not get an invite to the Bezos wedding. But that's OK because they suck…”MM: As we barrel towards a country that throws the elderly, disabled, and children off of healthcare and denies food access, there can be only one winner. Bacon. Like, real bacon. Kraft Heinz recalls more than 367,000 pounds of Oscar Mayer turkey bacon over listeria concernsPredictionsDR: Charlize Theron is forced to marry Kimbal Musk in order to maintain her American citizenshipMM: Joe Gebbia, who is now on both DOGE AND the Tesla board, resigns from BOTH simultaneously, saying, “I can't be bought”, right after he sells the 4,000 shares of Tesla he got as part of the board at a nice price of $64/share and nets $1.1m
The fate of the OECD-led global tax deal was rocked this week after the US and its Group of Seven allies came to an understanding that would exempt American companies from two key parts of the global minimum tax framework. G7 countries agreed to the exemption over the weekend in exchange for Congress removing Section 899 from its tax-and-spending bill—a provision referred to as the "revenge tax" that would have hiked taxes on foreign-owned companies if their home countries imposed "unfair" taxes on US businesses. In this week's episode of Talking Tax, reporter Lauren Vella talks about how the agreement was reached, and why the G7's statement is only the first small step toward the US achieving what it calls "side-by-side" treatment of its tax system and the global minimum tax framework. She also discusses Canada's decision to revoke its digital services tax to bring President Donald Trump back to the trade negotiating table, and what impact it could have on other countries that have similar levies in place. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
This Day in Legal History: Federal Housing AdministrationOn June 27, 1934, the Federal Housing Administration (FHA) was created through the National Housing Act, marking a major shift in the federal government's role in the housing market. The FHA was designed to address the housing crisis of the Great Depression, when foreclosures were rampant and private lenders were reluctant to issue long-term mortgages. By insuring loans made by private lenders, the FHA significantly reduced the risk of default, making it easier and more affordable for Americans to buy homes.The FHA introduced standardized, amortized 20- and 30-year mortgages—innovations that quickly became industry norms. These reforms expanded access to home financing for middle-class families and jump-started suburban development. However, the agency's early policies also entrenched racial segregation through redlining, where predominantly Black neighborhoods were systematically denied FHA-backed loans.While the FHA has since evolved and is now part of the Department of Housing and Urban Development (HUD), its legacy is a mix of increased homeownership and the deepening of racial disparities in wealth and housing. The legal framework it helped establish continues to shape U.S. housing policy today, making it a pivotal moment in both real estate law and civil rights history. Retired U.S. Supreme Court Justice Anthony Kennedy voiced alarm over the state of American political discourse during a recent international judicial forum, warning that the tone of current debates poses a threat to democracy and freedom. Speaking without directly referencing President Trump, Kennedy criticized the rise of identity politics and emphasized that civil discourse should be about issues, not partisan affiliations. He argued that judges are essential to a functioning democracy and must be protected—both physically and in terms of public respect.Other speakers, including South African jurist Richard Goldstone and U.S. District Judge Esther Salas, echoed Kennedy's concerns. Goldstone condemned personal attacks on judges who ruled against the current administration, while Salas highlighted the growing danger judges face, referencing her own experience with targeted violence and the record-high levels of threats now being reported in the U.S.The event underscored a growing consensus among jurists worldwide: that political attacks on the judiciary undermine democratic institutions and risk eroding the rule of law.Retired US Supreme Court Justice Kennedy warns 'freedom is at risk' | ReutersA federal judge has rejected a joint attempt by Ripple Labs and the U.S. Securities and Exchange Commission (SEC) to finalize a reduced settlement in their long-running legal battle over unregistered XRP token sales. U.S. District Judge Analisa Torres criticized both parties for proposing a $50 million fine in lieu of a previously imposed $125 million penalty and for attempting to nullify a permanent injunction she had ordered.Judge Torres ruled in 2023 that Ripple's public XRP sales weren't securities, but $728 million in sales to institutional investors violated federal securities laws. While both sides appealed, they later proposed to settle—if the court would cancel the injunction and approve the reduced fine. Torres refused, stating they lacked authority to override a court's final judgment involving a violation of congressional statute.She emphasized that exceptional circumstances justifying the request were not present and that vacating a permanent injunction would undermine the public interest and the administration of justice. The SEC and Ripple still have the option to continue their appeals or drop them entirely.The case is notable amid a broader shift under President Trump's second term, during which the SEC has dropped several high-profile crypto enforcement actions. XRP remains one of the top cryptocurrencies by market value.SEC, Ripple wants to settle crypto lawsuit, but US judge rebuffs them | ReutersThe Supreme Court allowed the Trump administration to move forward with its plan to end automatic birthright citizenship by narrowing the scope of judicial injunctions. Previously, lower courts had issued nationwide injunctions blocking the policy, but the Court ruled these injunctions should apply only to the parties involved in the lawsuits. This means that the policy can now proceed in most states, except those like New Hampshire where separate legal challenges remain in effect. The Court's decision followed ideological lines, with the conservative majority backing the administration and liberal justices dissenting. Justice Amy Coney Barrett, writing for the majority, emphasized that courts must not overreach their authority even when they find executive actions unlawful. In contrast, Justice Ketanji Brown Jackson warned the ruling could erode the rule of law by allowing inconsistent application of federal policy across states.The ruling does not address the constitutionality of ending birthright citizenship, leaving that question open for future litigation. The Trump administration's executive order, issued on January 20, 2025, reinterprets the 14th Amendment's Citizenship Clause to exclude children born in the U.S. to non-citizen or non-resident parents. This reinterpretation challenges the longstanding understanding established by the 1898 Supreme Court case United States v. Wong Kim Ark, which confirmed that nearly all individuals born on U.S. soil are citizens. The administration has argued that judges lack the authority to impose broad injunctions and that states challenging the policy lack standing. While the policy remains blocked in certain jurisdictions, the administration can now continue planning for its implementation and potentially face a patchwork of future legal challenges.Supreme Court curbs injunctions that blocked Trump's birthright citizenship planIn a piece I wrote for Forbes yesterday, the Trump administration briefly floated Section 899, a provision dubbed the “revenge tax,” as a retaliatory measure against countries imposing taxes deemed discriminatory toward U.S. companies—particularly tech giants. This measure, hidden within the broader One Big Beautiful Bill Act, proposed punitive tax increases on income earned in the U.S. by individuals and entities linked to “discriminatory foreign countries.” The policy was a response to international developments like the OECD's Pillar 2 framework and digital services taxes (DSTs), which the U.S. perceived as disproportionately targeting American firms.Section 899 would have enabled the Treasury to impose annual 5% tax hikes on everything from dividends to real estate gains, even overriding exemptions for sovereign wealth funds. What made the provision particularly aggressive was its vague triggering criteria—any foreign tax Treasury considered “unfair” could activate the penalties, without congressional oversight.Despite its bold intent, Section 899 was ultimately abandoned. It generated concern among investors and foreign governments alike, with critics warning it would destabilize capital markets and act as an unofficial sanctions regime. Treasury Secretary Scott Bessent eventually signaled its withdrawal, citing improved diplomatic relations. Though shelved for now, the idea may resurface if international tax disputes escalate.Section 899—The ‘Revenge Tax' That Didn't SurviveA double dose of me this week, another piece I wrote for Forbes:The Pro Codes Act, currently before Congress as H.R.4072, poses a serious threat to public access to the law by allowing private organizations to retain copyright over technical standards—even after those standards are incorporated by reference into statutes and regulations. Although pitched as a transparency measure, the bill effectively transforms enforceable legal obligations into intellectual property governed by restrictive licenses and online viewer limitations.The Act would require standards to be “publicly accessible,” but this access might mean only being able to view documents behind login walls, with no ability to download, search, or integrate them into legal or compliance tools. This is particularly troubling in areas like tax law, where these standards often form the basis for determining eligibility for deductions or credits.By commodifying access to legal standards, the Pro Codes Act would introduce a two-tiered system: well-resourced firms could pay for commercial access, while small legal clinics, nonprofits, and individuals could find themselves effectively barred from the rules they're legally obligated to follow. The result is an unequal legal landscape where justice becomes contingent on financial capacity.The bill directly undermines a key legal principle reaffirmed by the Supreme Court in 2020: laws and materials carrying the force of law cannot be copyrighted. Permitting private entities to control access to mandatory standards shifts power away from the public and toward entities seeking to monetize compliance.Pro Codes Act—Or, What If The Law Came Behind A Paywall?This week's closing theme is Variations sérieuses, Op. 54 by Felix Mendelssohn—a composer whose elegance, intellect, and structural precision made him one of the early Romantic era's brightest voices. Born into a wealthy, culturally vibrant German-Jewish family in 1809, Mendelssohn was a child prodigy whose musical maturity arrived astonishingly early. He played a pivotal role in reviving J.S. Bach's legacy and was admired for his orchestral works, choral music, and virtuosic piano writing.Composed in 1841, the Variations sérieuses reflect a side of Mendelssohn that is often overshadowed by his lighter, more lyrical pieces. Written as a contribution to a fundraising album for a monument to Beethoven, the work pays tribute to that master's weight and depth. In this set of 17 variations on a solemn original theme, Mendelssohn channels both Classical form and Romantic intensity. The variations begin introspectively but grow in technical difficulty and emotional force, culminating in a stormy, almost defiant finale.Unlike many variation sets of the time, which favored decorative flourishes, Mendelssohn's sérieuses live up to their name: they are dense, architecturally rigorous, and deeply expressive. The piece showcases his command of counterpoint, his sensitivity to dynamic contrasts, and his ability to build drama without sacrificing formal clarity. It's music that demands both interpretive depth and virtuosity—qualities that have kept it central to the serious piano repertoire for over 180 years. Mendelssohn once described music as a language too precise for words, and this piece speaks volumes in that tongue. It is a fitting and focused way to close the week.Without further ado, Variations sérieuses, Op. 54 by Felix Mendelssohn – enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
What are we at risk of losing in our pursuit of efficiency, innovation, and AI-driven transformation in education?Are we designing systems for resilience—or are we unintentionally reinforcing inequality through the paths of least resistance?In this insightful conversation, Louka Parry is joined by Tracey Burns—Chief of Global Strategy and Research at the National Center on Education and the Economy, former OECD leader, and international systems thinker. Speaking from Paris, Tracey draws on her global experience to explore how education systems are evolving—and what we risk losing in the process.Together they dive into the accelerating impact of AI, the legacy of the OECD's Four Future Scenarios for Schooling, and the urgent need for wisdom, not just innovation, in navigating complexity. From learning models to system inefficiencies, Tracey unpacks why we must be more intentional in preserving what matters—especially the deeply human relationships at the heart of learning. This episode is a call to anticipate, adapt, and interrogate the uncomfortable truths shaping our futures.
ชมวิดีโอ EP นี้ใน YouTube เพื่อประสบการณ์การรับชมที่ดีที่สุด https://youtu.be/tEkYbEkl0No 8 Minute History ตอนสุดท้ายของซีรีส์ประวัติศาสตร์การทูตไทย พาไปสำรวจจุดยืนของไทยในจอเรดาร์โลก ภายใต้ระเบียบโลกใหม่ในศตวรรษที่ 21 ตั้งแต่ยุคแรกเริ่มของโลกาภิวัตน์ การแบ่งขั้วของอำนาจใหม่ รวมถึงความท้าทายอื่นๆ ในแง่ภูมิรัฐศาสตร์ เบื้องหลังกลยุทธ์แบบ “รักษาสมดุลทางอำนาจ” มีที่มาที่ไปอย่างไร เกมการทูตแบบ “ไผ่ลู่ลม” ยังใช้การได้อยู่หรือไม่ในบริบทโลกปัจจุบัน นัยยะสำคัญของการรวมกลุ่มรูปแบบใหม่ ไม่ว่าจะเป็น BRICS, OECD, BIMSTEC คืออะไร หาคำตอบได้ในเอพิโสดนี้
ชมวิดีโอ EP นี้ใน YouTube เพื่อประสบการณ์การรับชมที่ดีที่สุด https://youtu.be/tEkYbEkl0No8 Minute History ตอนสุดท้ายของซีรีส์ประวัติศาสตร์การทูตไทย พาไปสำรวจจุดยืนของไทยในจอเรดาร์โลก ภายใต้ระเบียบโลกใหม่ในศตวรรษที่ 21 ตั้งแต่ยุคแรกเริ่มของโลกาภิวัตน์ การแบ่งขั้วของอำนาจใหม่ รวมถึงความท้าทายอื่นๆ ในแง่ภูมิรัฐศาสตร์เบื้องหลังกลยุทธ์แบบ “รักษาสมดุลทางอำนาจ” มีที่มาที่ไปอย่างไร เกมการทูตแบบ “ไผ่ลู่ลม” ยังใช้การได้อยู่หรือไม่ในบริบทโลกปัจจุบัน นัยยะสำคัญของการรวมกลุ่มรูปแบบใหม่ ไม่ว่าจะเป็น BRICS, OECD, BIMSTEC คืออะไร หาคำตอบได้ในเอพิโสดนี้
Economic mobility is often portrayed as a straight climb. In reality, it's shaped by adversity, identity, and access to opportunity. As research from the University of Michigan notes, mobility requires not only income, education, and employment, but also more intangible resources such as social inclusion and power—the ability to make choices and exert influence. According to the United Nations, it takes four to five generations for children in low-income households across OECD countries to reach their nation's average income. Yet in rare cases, individuals shatter that trajectory, demonstrating a form of leadership resilience that redefines what is possible across generations.What qualities enable someone to harness adversity—not just overcome it—but to thrive and lead with empathy, courage, and conviction?On this episode of I Don't Care, host Dr. Kevin Stevenson welcomes Norberto Orellana, author of Meteoric: A Memoir Against All Odds, for a moving conversation about resilience, identity, and building a life that challenges generational limits. From a turbulent childhood to public speaking stages and emerging healthcare leadership, Norberto's story unpacks how defining yourself by your vision—not your environment—can unlock lasting impact.Key Takeaways from the Episode:Orellana recounts the pivotal night on a late bus that redefined his identity, not as a victim of his circumstances, but as someone capable of more.He explains how “positive audacity” helped him land a hospital leadership role despite lacking traditional credentials, after a TEDx talk caught the attention of a COO.His memoir Meteoric outlines the four essential traits that shaped his journey: ambition, persistence, decisiveness, and leadership resilience.Norberto Orellana is a healthcare leader, author, and speaker whose career defies the odds. Originally trained as an organic chemist, he transitioned into healthcare administration after completing a Master's in Healthcare Administration. He has delivered multiple TEDx talks and recently published Meteoric: A Memoir Against All Odds, which explores how he broke generational cycles and built a life defined by service, leadership, and impact.
Il 16 giugno 2025 il Ministero per l'Istruzione e il Merito emette una circolare che vieta l'uso dei cellulari anche nelle scuole secondarie di secondo grado. Per me, come per tante altre persone, non è una grande idea. La parola della settimana è rawdogging. - Il Post, Il ministro Valditara ha vietato i cellulari anche alle scuole superiori- Gianmarco Proietti, Divieto di cellulare alle superiori: una scorciatoia regressiva che deresponsabilizza la scuola- OECD, From decline to revival- Martin Beck, Mobile phones in schools: Mandating a ban? Il link per abbonarti al Post e ascoltare la puntata per intero. Learn more about your ad choices. Visit megaphone.fm/adchoices
Noll, Andreas www.deutschlandfunk.de, Europa heute
Last month we brought you news of a major OECD report on the state of global teenage career preparation. So, in this follow-up podcast we're going to be sharing an example of how one school here in Australia – Fairhills High School in Victoria – is doing some great work in the area of careers and pathways education. Host: Jo Earp Guests: Bill Exton, Liz Rundle
Diesmal: Updates zum Antiziganismus-Beauftragten und aus Polen, gefährliches Sackhüpfen, Volksabstimmung in Italien, Proteste in LA, OECD zu Deutschland und Klimaschutz, das SPD-Manifest, Sanktionen gegen Israel und Miliz in Gaza, Sham Jaff zu Kirgistan. Mit einem Faktencheck von Katharina Alexander und einem Limerick von Jens Ohrenblicker.
Absturz eines Flugzeugs der Gesellschaft Air India kurz nach Start in der indischen Millionenstadt Ahmedabab, Bundesverteidigungsminister Pistorius sagt bei Ukrainebesuch weitere Militärhilfen zu, Debatte innerhalb der SPD über den Ukrainekurs der Bundesregierung, OECD rät Deutschland zur Senkung von Steuern und Sozialabgaben auf Arbeit, Grünen-Bundesvorstand räumt Fehler beim Umgang mit Politiker Gelbhaar ein, Weltweit laut Bericht des UN-Flüchtlingshilfswerks mehr als 122 Millionen Menschen auf der Flucht, Hitzebelastung laut Untersuchung der Deutschen Umwelthilfe vor allem in 31 Städten besonders hoch, Das Wetter
#LONDONCALLING: OECD AIMS TO TAX THE TECH GIANTS. CONGRESS DEFENDS.@JOSEPHSTERNBERG @WSJOPINION 1900 PARLIAMENT
The size of New Zealand's waste problem - and how much it's costing us - has been laid bare in a new report. It shows we rank among the highest producers of waste and consumers of material in the OECD - some 28 tonnes of material per capita in 2022. But we're among the lowest when it comes to what we do with it. The overall waste sector contributes $3.3 billion to the economy - but waste inefficiencies are costing us over $220 million a year in avoidable disposal costs. The report was commissioned by industry body WasteMINZ and undertaken by the NZIER - New Zealand Institute for Economic Research. Kathryn digs into it with WasteMINZ's CEO Nic Quilty and report author Roshen Kulwant.
In 2019, the OECD warned that 14% of global jobs would be eliminated and another 32% would be dramatically transformed by automation. Fast-forward to today, and that prediction feels like an understatement. Generative AI like ChatGPT has accelerated change at a pace no one saw coming. The shelf life of a skill? Less than five years. In tech, sometimes less than three. In this episode with Dr. Bray, we're digging deep into what this seismic shift means for the future of work and how companies must respond. From CEOs to HR leaders, and from frontline managers to hourly workers, the pressure is on to rethink roles, retrain talent, and rebuild strategy from the ground up. What You'll Learn: Why upskilling alone isn't enough in today's AI-driven workplace The five paradigm shifts that define successful reskilling efforts Real-world examples from Amazon, Vodafone, Ericsson, CVS, and more Why reskilling is more than training—it's strategic, cultural, and collaborative We'll also explore how organizations can: Treat reskilling as a competitive advantage, not just a cost center Empower employees to navigate career shifts with confidence Break down internal silos and avoid ‘talent hoarding' Leverage partnerships with nonprofits, governments, and colleges to scale up fast Whether you're a leader navigating digital disruption, a workforce strategist, or simply curious about how AI is reshaping work, this episode delivers the practical insights and bold thinking you need to stay ahead. QUOTES BY DR. BRAY “You can't change people — but you can teach them how to adapt, how to learn, and how to be curious.” “Middle managers are the most important individuals in the organization.”
Currently, 19 out of 38 OECD countries use incineration as a form of waste management. With the process leading to a range of negative impacts, such as air pollution, Co2 emissions and respiratory illnesses, Aotearoa has luckily remained incinerator free. However, calls have been made by some activists to strengthen New Zealand's legislation to ensure that incineration facilities are not opened up in Aotearoa. For this week's Get Action! Oto spoke to Sue Coutts from Zero Waste Network New Zealand to discuss a petition calling on the government to keep New Zealand Incinerator-free. If you'd like to sign this petition, you can find it here:
年初经济表现未达预期后，澳大利亚国内生产总值（GDP）预计在2025年将增长1.8%。经济合作与发展组织（OECD）本周预测，全球部分主要经济体经济增长将放缓。点击 ▶ 收听完整报道。
Why are swap spreads today as negative as they had been in the worst parts of April? Why is Swiss franc nearly as strong? Consumer prices undershooting and even turning negative offer a bigtime clue. As does the latest from Chinese and American factories. It's not one big thing like April, it's all the little things which keep coming up and piling on. Eurodollar University's Money & Macro AnalysisBloomberg Swiss Inflation Turns Negative for First Time in Four Yearshttps://www.bloomberg.com/news/articles/2025-06-03/swiss-inflation-turns-negative-for-first-time-in-four-yearsBloomberg Euro-Zone Inflation Slows Below 2%, Backing More ECB Cutshttps://www.bloomberg.com/news/articles/2025-06-03/euro-zone-inflation-slows-below-2-backing-more-ecb-rate-cutsBloomberg RBA's Hunter Sees US Tariffs Dragging on Australian Growth, Jobshttps://www.bloomberg.com/news/articles/2025-06-03/rba-s-hunter-sees-us-tariffs-dragging-on-australian-growth-jobsOECD Economic Outlook, Volume 2025 Issue 1https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.htmlCNBC U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlookhttps://www.cnbc.com/2025/06/03/us-growth-forecast-cut-further-by-oecd-as-trump-tariffs-sour-outlook.htmlBloomberg China's Private Factory Gauge Plunges to Weakest Since 2022https://www.bloomberg.com/news/articles/2025-06-03/china-private-factory-gauge-unexpectedly-shrinks-after-us-trucehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Are enormous cuts to Medicaid and food stamps coming? The House of Representatives has passed a bill that would make historically large cuts to both programs, which will result in millions losing access to health insurance and food stamps, now known as SNAP. These cuts will also effectively slash subsidies to retailers, farmers, food producers, and the health care industry—while the economy is already floundering from tariffs, as shown by a new financial forecast from the OECD.Nicole Roussell and Prof. Richard Wolff discuss the horrendous effects this will have on people, the economy, and our society, and what could stop them from happening.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.
Set your clock - must be the weekend - New Tariffs imposed Someone wants the Fed Chair job TACO FAFO and more... More muddy AI cover art PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - Must be the weekend - New Tariffs imposed - Someone wants the Fed Chair job - TACO FAFO and more... - More muddy AI cover art Markets - YUGE move for markets - Tariffs reinstated by Appeals court - for now - Hope for a spending bill - SPENDING BILLS - Retailers still worried - apparel stores not happy More tariffs - President Donald Trump told U.S. steelworkers on Friday that he will double tariffs on steel imports to 50%. - “We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America,” Trump said during remarks at U.S. Steel's Irvin Works in West Mifflin, Pennsylvania. The president said the steep tariffs would “further secure the steel industry.” - “At 25%, they can sort of get over that fence,” Trump said. “At 50%, they can no longer get over the fence.” - Shares of mining company Cleveland-Cliffs popped roughly 22% following the announcement, while Steel Dynamics jumped more than 13% and Nucor was up more than 12% Tariffs - Court Strikes them down - something we discussed a bit on the legality of tariffs in the way they were impose to begin with - Appeals court reinstates temporarily - Did you see Howard Lutnik? Like putty in Trump hands, saying how Trump will win, he always wins, he is such a winner, no one can negotiate like Trump - on and one in a press conference. Economic Downtick - The U.S. growth outlook was downwardly revised to just 1.6% this year and 1.5% in 2026. In March, the OECD was still expecting a 2.2% expansion in 2025. - “Global GDP growth is projected to slow from 3.3% in 2024 to 2.9% this year and in 2026 ... on the technical assumption that tariff rates as of mid-May are sustained despite ongoing legal challenges,” the OECD said. - It had previously forecast global growth of 3.1% this year and 3% in 2026 Big Month - NASDAQ up 9.6% for May - S&P 500 up 6% - Some calling it a Bear Market Bounce - Valuations getting toward top end again - Breath is poor again - BIG Names pulling most up - Tech was big driver in May - Best month for S&P 500 since November 2023 Someone Looking to Be Appointed - Kevin Warsh (Brown Nose Warsh) Says Fed Officials Shouldn't Be ‘Pampered Princes,' Defends Trump's Criticism of the Bank - Leading name for the next Fed Chair - defended the president's right to criticize the central bank, saying the Fed is too big and politically exposed. --- He is showing how political it can be with this kind of populist view Inflation Report - PCE moved to 2.1% on April (lower than expected) - Core inflation also was at 0.1% for the month though it was higher on an annual level at 2.5%. - Consumer spending, though, slowed sharply for the month, posting just a 0.2% increase. - The savings rate surged to 4.9%, the highest in nearly a year. - Food prices fell 0.3% on the month while energy goods and services increased 0.5%. Shelter costs, which has been one of the most stubborn inflation components, increased 0.4%. -- Put all of that together - consumers are pulling back New and Old Acronyms making waves - MEGA (Make Europe Great Again) - MAGA (Make America Go Away) - TACO (Trump Always Chickens Out) - FAFO (Fuck Around and Find Out) ----It is used to capture the financial market's volatility and chaos that Trump's policymaking process has created Dell Earnings - Dell Technologies reported fiscal first-quarter earnings that missed Wall Street expectations, but the company beat on revenue and offered a stronger-than-expect...
Machado Meyer tax partner Fernando Colucci joins Skadden's David Farhat, Loren Ponds, Eman Cuyler and Stefane Victor to explore Brazil's historic shift from a 27-year formulaic transfer pricing system to full OECD compliance. As he explains, “We moved from a very strict, very formulaic approach to a simple, a direct import of the arm's-length principle.” Tune in for his insights on dramatic changes facing multinational enterprises and Brazil's notorious 75% penalty system that raises the stakes on compliance decisions.
A.M. Edition for June 3. The OECD is warning the U.S. and global economies are likely to face slowing growth this year and next, amid tariff-related uncertainty and the prospect of higher-for-longer inflation. Plus, chief China correspondent Lingling Wei profiles Beijing's new trade negotiator and his mandate from Xi Jinping not to cater to Washington. And FEMA scraps its new hurricane plan as storm season kicks off. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
The world will see lower economic growth due to tariffs and tariff uncertainty, according to the OECD. Global economic growth will fall below three percent this year, and the slowdown is expected to be most concentrated in the U.S., Canada, Mexico and China. Also on the program: how steel and aluminum tariffs could drive up grocery prices, and the economic pros and cons of a small-market NBA Finals.
From the BBC World Service: The global economy is losing steam, according to the OECD, which now forecasts growth to fall to just 2.9% this year and next. The Paris-based Organization for Economic Co-operation and Development — which represents most of the world's advanced economies — issued its warning as trade tensions between the U.S. and China continue to grow.
The world will see lower economic growth due to tariffs and tariff uncertainty, according to the OECD. Global economic growth will fall below three percent this year, and the slowdown is expected to be most concentrated in the U.S., Canada, Mexico and China. Also on the program: how steel and aluminum tariffs could drive up grocery prices, and the economic pros and cons of a small-market NBA Finals.
From the BBC World Service: The global economy is losing steam, according to the OECD, which now forecasts growth to fall to just 2.9% this year and next. The Paris-based Organization for Economic Co-operation and Development — which represents most of the world's advanced economies — issued its warning as trade tensions between the U.S. and China continue to grow.
Plus: Lawyers from Meta challenge the European Commission's crackdown on the company's social-networking business. And chip giant TSMC forecasts limited impact from tariffs, remaining on track for record earnings. Kate Bullivant hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Carl Quintanilla and Sara Eisen broke down the latest for stocks as UBS raises its recession odds – the OECD cuts growth estimates for the United States – and Chicago Fed President Goolsbee warns inflation could head higher from here. Jefferies David Zervos with the team to breakdown the market impact of it all – and why he says “the needle is moving” towards the bulls… That said, Goldman's Head of Corporate Credit Jonny Fine warning: keep an eye on the deficit if you're a long-term investor. Hear his read from the ground, this hour. Also in focus: Constellation Energy a top gainer this morning after inking a new deal to power Meta's AI projects… The key details. Plus: the team caught up with the CEO of a different name, but similar story - Applied Digital's CEO, fresh off a $15B deal with Coreweave to host their AI datacenters. Squawk on the Street Disclaimer
The OECD slashed its outlook for global economic growth citing the impact of Trump's tariffs and policy on investment and confidence, 1 of every 8 clothing or 13 percent of items bought in America comes from Amazon, More on the Retirement and Wealth Management seminar at the Crowne Plaze in Foster City on Saturday June 21st at 10am with CFP Chad Burton and CFP Ryan Ignacio of EP Wealth Advisors
Polls have closed in South Korea's presidential election, where people have been voting to elect a new leader, six months after the former president tried to bring the country under military rule. We look at the economy, the US trade negotiations and speak to local business owner. Also, the world economy is slowing - and the OECD says Donald Trump's trade tariffs are a big reason why. Meanwhile, the US has set a Wednesday deadline for trade partners to put forward what they're calling "a best offer" on trade terms to avoid future tariffs. What is the response from the EU? We hear from the EU Spokesperson on trade talks.And the UK government is threatening legal action against Russian billionaire Roman Abramovich, over the 3.3 billion dollars raised from the sale of Premier League soccer club Chelsea. What will happen next? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
S&P Futures are displaying weakness this morning on renewed concerns over global trade. The Trump administration is asking countries to provide their best offer on trade negotiations by Wednesday June 4th. While agreements are reportedly close, the uncertainty surrounding the outcome of these talks is weighing on market sentiment. The world economy is expected to slow this year, with growth projected at 2.9% in both 2025 and 2026, down from 3.3% last year, according to the OECD. CEG is higher this morning after META signs a 20yr power contract. On the economic front, Factory Orders and the JOLT's report are due out today. After the bell today, CRWD, HPE, GWRE and HQY are scheduled to release earnings.
The OECD lowered the U.S. growth outlook to 1.6% from 2.2%, a figure Kevin Hincks considers low. Reporting from the Cboe Global Markets, Kevin explains why he sees the markets grinding higher into the summer. He warns investors to watch for economic data that can shake up the course to all-time highs. Kevin also talks about why China needs a trade deal "a lot more" than the U.S.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Jeffrey Kleintop thinks the OECD is “not finished cutting” its growth expectations for this year. He gives some ideas around timelines for trade deals, noting that the way the Trump administration and China look at trade are very different, which will likely drag negotiations out even further. He's watching shipping data and waiting for China shipments to the U.S. to rise again. “It's very expensive to realign these things,” he adds. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Richard Flynn discusses mixed sentiment towards U.S. markets from the U.K. perspective. Richard cites the weaker dollar and outperformance of international markets as investors reassess value of U.S. stocks. For the dollar, he doesn't see it as a harbinger of doom for the U.S. economy, but rather a sign of currency volatility. Lastly, Richard provides his perspective on the OECD's cut to its global forecast.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Stocks are having a quiet start to the month of June, but tariff concerns continue to weigh on the economic outlook as the OECD cuts its U.S. growth forecast from 2.2% to 1.6%. Kevin Green explains why there is a divergence in 'hard vs soft' data, weakness in the U.S. dollar and key technical levels to watch in Tuesday's trading session.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
A major new report from the OECD has revealed shocking insights into how screen use is shaping children's lives—and not for the better. In this episode, Justin and Kylie Coulson unpack the disturbing statistics, explain the real-world impact of screens on kids’ mental health, relationships, and development, and offer practical, age-specific strategies to help parents take back control. From toddlers to teens, this is the digital wake-up call every parent needs. KEY POINTS Startling Stats: Aussie teens average 7 hours of screen time per day. 12% use screens more than 80 hours per week. 70% of 10-year-olds “own” smartphones. 60% of Australian girls report severe distress from cyberbullying. 4 Uncomfortable Truths for Parents: Real-world problems predict digital problems. Kids in distress offline turn to screens for escape. Most parents are fighting the wrong war. The issue is less about screen time and more about content and connection. It’s a bi-directional trap. Poor mental health drives screen addiction, and screen use worsens mental health. Parental hypocrisy matters. Kids don’t listen if we model the very behaviour we criticise. The Hidden Costs of Screen Use: Depression, anxiety, loneliness, academic decline, sleep issues, and family conflict all rise with excessive and unsupervised screen use. The Real Solution: Strong offline relationships, autonomy-supportive parenting, and a focus on values, not just rules or limits. QUOTE OF THE EPISODE “You can’t lift someone up if you’re underneath them. You’ve got to stand on high ground.” — Justin Coulson RESOURCES MENTIONED OECD Report: How’s Life for Children in the Digital Age? The Parenting Revolution by Justin Coulson Happy Families Webinars and Courses Nonviolent Communication by Marshall Rosenberg Past episodes on sextortion and gaming ACTION STEPS FOR PARENTS For Kids Aged 0–7: Be present during screen time or avoid it altogether. Keep devices out of bedrooms—model this yourself. Avoid gamified apps and addictive content. Prioritise simple, slow-paced shows (e.g., Bluey). For Kids Aged 8–12: Create a co-designed family media plan. Prioritise what they’re consuming, not just how much. Invest in offline activities and friendships—nature, play, and sport are protective. For Teens: Shift from control to collaboration. Support autonomy and solve problems with them. Address root issues—mental health, loneliness, stress—before tackling screen habits. Model healthy screen use. Walk your talk, or your words will fall flat. See omnystudio.com/listener for privacy information.
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