Podcasts about Suez Canal

In this episode, Nihal El Aasar returns to this podcast to discuss the competing progressive alternatives in the Arab world prior to the establishment of the State of Israel. Arab attempts to join capitalist systems were obstructed by British and Zionist colonial power, leading to the maintenance of a hegemonic state. We also reference the Union of Arab States and the role of the Zionist entity in hindering regional development. Gamal Abdel Nasser and other leaders in Egypt attempted to create a sovereign economic and political space through nationalist projects. This was actively resisted by Western powers and seen as a threat to imperialist interests. The theory of dependency, as developed by Samir Amin, highlights how underdevelopment in the global South is the result of the expansion of global capital. Nihal argues that while Nasser's project was popular and supported by the masses, his distrust in popular participation and repressive actions against intellectuals helped prevent the project from fully being actualized. The formation of Israel was intertwined with Western efforts to manage the political future of the so-called Middle Eastern region. Israel has hindered the Arab modernization project and has negatively affected the surrounding countries. We discuss how Israel exists in the region to halt the potential of the Arab people as a whole. This is done through repression, impoverishment, and preventing economic prosperity. The U.S. interests in extraction and controlling resources in the region also play a role in this. Apart from that, we meditate on Egypt's early 20th century role as a leader in the Arab world and the expectations placed on its military and economy for stability and development being largely shaped by its history of conflict with Israel and the continued presence of Zionism in the region. The military's control of the economy, rise of religious fundamentalism, and prevalence of conspiracy theories can all be traced back to this relationship. Additionally, Egypt's 20th century development was and continued to be hindered by both structural pressures from outside and its own struggle with overextension as a newly decolonized nation. The working class in Egypt consisted mainly of peasants who were oppressed under the Egyptian monarchy. Land reforms were necessary for progress and industrialization was slowly taking place. From the start, Egyptian nationalism was formed in opposition to Zionism. Nasser faced challenges from the US and its allies and had to build up the Egyptian military in response. We discuss how the nationalization of the Suez Canal and the creation of the United Arab Republic were unprecedented events, but internal struggles and external interference ultimately led to its downfall. The Gulf monarchies have also been deeply intertwined with imperial and capitalist interests since their founding, making them a natural opposition to Arab socialist and progressive projects. The 1973 oil embargo, El Aasar argues, was the last major act of Arab unity but was not an altruistic act of solidarity. The embargo affirmed the importance of the petrodollar for the US and was influential in bringing about the Camp David Accords, which aimed to consolidate the petrodollar and move Egypt fully from the Soviet camp to that of the United States. We meditate on the significance of Camp David and the 1978 peace treaty between Egypt and Israel, arguing that it represents a betrayal of Egyptian sovereignty and a move towards neoliberalism and repression. She also highlights how this has instilled a defeatist mindset in Egyptians and led to ongoing struggles with poverty and domestic warfare. She argues that the current regime in Egypt is a continuation of the "Camp David Republic" and that the promised benefits of peace, such as prosperity and political openness, have been left unfulfilled.   If you like what we do and want to support our ability to have more conversations like this. Please consider becoming a Patron. You can do so for as little as a 1 Dollar a month and you will gain access to our Discord.   Nihal is an Egyptian  writer, researcher, political analyst, radio host and DJ. She has written about politics, political economy, culture, literature and music in several publications including The Baffler, The Transnational Institute, Verso, Jacobin, Tribune, Parapraxis, Mundial, Art Review, The Wire, Protean, Novara media, and others, as well as authoring a book chapter about Egyptian political economy and consulting on related issues. "The Condition for Freedom Is for the Egyptian Masses to Take to the Streets"Egypt's Centrality in the Struggle for Palestine" by Nihal El Aasar   Episode artwork includes an artificially colorized version of this photo: "Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin acknowledge applause during a Joint Session of Congress in which President Jimmy Carter announced the results of the Camp David Accords." full credit information here: https://commons.wikimedia.org/wiki/File:Sadat_and_Begin_clean3.jpg  

In the third and final installment of the series, President Theodore Roosevelt mobilizes the full industrial might of United States to “make the dirt fly” in Panama and succeed where the French Syndicate failed. But many perils await them in “The Zone”. From disease-bearing mosquitos and intractable terrain, to labor problems and lethal accidents, the Panamanian jungle will not be tamed without a fight.    SOURCES: Burton, Anthony. The Canal Pioneers: Canal Construction from 2500 BC to the Early 20th Century. Barnsley, UK: Pen & Sword Maritime, 2018. Charles River Editors. The Panama Canal: The Construction and History of the Waterway Between the Atlantic and Pacific Oceans. CreateSpace Independent Publishing, 2013. Diaz Espino, Ovidio. How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal. New York: Four Walls Eight Windows, 2003. Greene, Julie. The Canal Builders: Making America's Empire at the Panama Canal. New York: Penguin Press, 2009. Karabell, Zachary. Parting the Desert: The Creation of the Suez Canal. New York: Alfred A. Knopf, 2003. Keller, Ulrich. The Building of the Panama Canal in Historic Photographs. New York: Dover Publications, 1983. Lasso, Marixa. Erased: The Untold Story of the Panama Canal. Cambridge, MA: Harvard University Press, 2019. Lindsay, John. Emperors in the Jungle: The Hidden History of the U.S. in Panama. 2003. Lopez, Sean J. Chokepoint: The Epic History of the Suez Canal. New Haven, CT: Yale University Press, 2024. Marlowe, Elias. A History of Panama: Canal, Conquest, and Independence. Albuquerque: University of New Mexico Press, 2012. McCullough, David. The Path Between the Seas: The Creation of the Panama Canal, 1870–1914. New York: Simon & Schuster, 1977. Morton, Levi P. “No. 105. Mr. Morton to Mr. Frelinghuysen.” Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the President, December 1, 1884, U.S. Department of State Office of the Historian, 5 July 1884,https://history.state.gov/historicaldocuments/frus1884/d105 Parker, Matthew. Panama Fever: The Epic Story of the Building of the Panama Canal. New York: Doubleday, 2007. Cohen, Lucy M. “The Chinese of the Panama Railroad: Preliminary Notes on the Migrants of 1854 Who ‘Failed.'” Ethnohistory 18, no. 4 (1971): 309–20. https://doi.org/10.2307/481071. “The Tragedy of the Chinese.” Panama Railroad Historical Society, www.panamarailroad.org/chinesetragedy.html “Many Canal Workers Killed,” Black Virginia: The Richmond Planet, 1894-1909, accessed May 16, 2026, https://blackvirginia.richmond.edu/items/show/1085. https://newsroompanama.com/2026/03/22/clear-rules-and-fair-compensation-indio-river/?utm_source=chatgpt.com https://frontera.library.ucla.edu/recordings/coge-el-pandero-que-se-te-va-0 “Wilson Blows Up Last Bar Between Oceans; Canal Becomes Reality.” The Audubon County Journal (Audubon, Iowa), October 17, 1913. Colorado Historic Newspapers Collection. “Canal Is Opened by Wilson's Finger.” The New York Times, October 11, 1913. Learn more about your ad choices. Visit megaphone.fm/adchoices

Prison Revolt! Adultery! Court Intrigue! War! The Suez Canal! 1930 has a little bit of everything, as long as everything is basically one of those five subjects. Craig and Meghann continue the Great Work, with the Best Picture Nominees of 1930.

In 1882, the German mathematician Ferdinand von Lindemann proved that π was transcendental: it cannot be reduced to a tidy equation, never captured inside the comfortable boundaries expected by mathematicians. For centuries mathematicians tried to “square the circle” — creating a perfect square with the same area as a circle using only classical tools. In 1882, they finally got their answer: impossible. π's transcendence meant the problem itself can never be solved. π sits at the centre of order — wheels, planets, architecture, engineering — but does not obey the rules mathematicians thought would contain it. The more closely pi is examined, the more it slips beyond simple description. But pi also has beauty in it's patterns. π — roughly 3.14 etc etc — is the hidden constant inside every circle: divide the distance around any circle by the distance across it, and written out as a decimal, it goes on forever without ever stopping and without ever falling into a repeating pattern. Southern Africa in the early 1880s had the appearance of something similar. The neat assumptions of empire borders that could be drawn, peoples classified, and territories administered into obedience — were beginning to collide with a far messier reality. The aftermath of the First Anglo-Boer War had humbled imperial confidence, African polities remained powerful actors, and the mineral revolution was creating forces no colonial administrator fully controlled. Like π, South Africa was proving resistant to simple formulas. Emerging at this time was the Afrikaner Bond, led by Jan Hendrick Hofmeyr, his Boeren Beschermings Vereeniging, Farmers Protection Society, had merged with the Bond. Hofmeyr's main aim was to merge the diverse Afrikaner cultural movements from behind the scenes, thus his nickname, The Mole. Cape Prime Minister John Gordon Sprigg was sparring with political humanists, particularly Saul Solomon who owned the Cape Argus. As a liberal member of parliament, he was an articulate defender of African rights, called a friend of the natives and worse by some settlers. He was enticed to sell his paper to the editor at the time, what he didn't know, was that Cecil John Rhodes was secretly backing the sale - no Rhodes owned the Argus. It was in that moment that the Cape lost its important outsider voice, and Rhodes gained a news outlet. The main story the paper was covering after the first Anglo-Boer war was the instability in Basotholand. The Argus and other liberals had taken up the Basotho cause against the land-hungry settlers of the Orange Free State. Shoring up his personal wealth and power, Rhodes was simultaneously using his growing influence in the Cape to protect its northern territories. This was a natural progression, north of Kimberley lay the Vaal River, and the Molopo River. Between the two lay not only the Boers of the Orange Free State and the Transvaal, but the Tswana people. South of the Molopo there were the Thlaping, the Rolong, north of the Molopo the Ngwato chiefdom, ruled by Khama as well as the Kwena under chief Sechele, the Ngwaketse ruled by Gaseitsiwe and soon, his son, Bathoen. The Tswana were tussling with colonial expansion, and navigating the difficult politics of the frontier, keeping the Boer settlers at arm's length. Along the edge of these chief's territory there lay the Great North Road, on the eastern side of the Tswana lands. Transvaal President Paul Kruger was behind efforts to cut off the Road to the North, something the British authorities suspected but couldn't prove. For Cecil Rhodes and British ambitions, these two micro-republics were a geopolitical nightmare. If the Transvaal annexed Stellaland and Goshen which was Paul Kruger's ultimate goal, the Boers would completely block Cape Colony access to the interior of Africa. Rhodes had taken to calling the Great north Road the Suez Canal of South Africa.

In 1882, the German mathematician Ferdinand von Lindemann proved that π was transcendental: it cannot be reduced to a tidy equation, never captured inside the comfortable boundaries expected by mathematicians. For centuries mathematicians tried to “square the circle” — creating a perfect square with the same area as a circle using only classical tools. In 1882, they finally got their answer: impossible. π's transcendence meant the problem itself can never be solved. π sits at the centre of order — wheels, planets, architecture, engineering — but does not obey the rules mathematicians thought would contain it. The more closely pi is examined, the more it slips beyond simple description. But pi also has beauty in it's patterns. π — roughly 3.14 etc etc — is the hidden constant inside every circle: divide the distance around any circle by the distance across it, and written out as a decimal, it goes on forever without ever stopping and without ever falling into a repeating pattern. Southern Africa in the early 1880s had the appearance of something similar. The neat assumptions of empire borders that could be drawn, peoples classified, and territories administered into obedience — were beginning to collide with a far messier reality. The aftermath of the First Anglo-Boer War had humbled imperial confidence, African polities remained powerful actors, and the mineral revolution was creating forces no colonial administrator fully controlled. Like π, South Africa was proving resistant to simple formulas. Emerging at this time was the Afrikaner Bond, led by Jan Hendrick Hofmeyr, his Boeren Beschermings Vereeniging, Farmers Protection Society, had merged with the Bond. Hofmeyr's main aim was to merge the diverse Afrikaner cultural movements from behind the scenes, thus his nickname, The Mole. Cape Prime Minister John Gordon Sprigg was sparring with political humanists, particularly Saul Solomon who owned the Cape Argus. As a liberal member of parliament, he was an articulate defender of African rights, called a friend of the natives and worse by some settlers. He was enticed to sell his paper to the editor at the time, what he didn't know, was that Cecil John Rhodes was secretly backing the sale - no Rhodes owned the Argus. It was in that moment that the Cape lost its important outsider voice, and Rhodes gained a news outlet. The main story the paper was covering after the first Anglo-Boer war was the instability in Basotholand. The Argus and other liberals had taken up the Basotho cause against the land-hungry settlers of the Orange Free State. Shoring up his personal wealth and power, Rhodes was simultaneously using his growing influence in the Cape to protect its northern territories. This was a natural progression, north of Kimberley lay the Vaal River, and the Molopo River. Between the two lay not only the Boers of the Orange Free State and the Transvaal, but the Tswana people. South of the Molopo there were the Thlaping, the Rolong, north of the Molopo the Ngwato chiefdom, ruled by Khama as well as the Kwena under chief Sechele, the Ngwaketse ruled by Gaseitsiwe and soon, his son, Bathoen. The Tswana were tussling with colonial expansion, and navigating the difficult politics of the frontier, keeping the Boer settlers at arm's length. Along the edge of these chief's territory there lay the Great North Road, on the eastern side of the Tswana lands. Transvaal President Paul Kruger was behind efforts to cut off the Road to the North, something the British authorities suspected but couldn't prove. For Cecil Rhodes and British ambitions, these two micro-republics were a geopolitical nightmare. If the Transvaal annexed Stellaland and Goshen which was Paul Kruger's ultimate goal, the Boers would completely block Cape Colony access to the interior of Africa. Rhodes had taken to calling the Great north Road the Suez Canal of South Africa.

The National Security Hour with Brandon Weichert – Yon emphasized the strategic importance of maritime chokepoints such as the Danish Strait, the Strait of Hormuz, the Panama Canal, the Suez Canal, and the Strait of Malacca. These locations are not obscure geographic trivia; they are the pressure valves of the international system. If even one is blocked or militarized, the economic...

The National Security Hour with Brandon Weichert – Yon emphasized the strategic importance of maritime chokepoints such as the Danish Strait, the Strait of Hormuz, the Panama Canal, the Suez Canal, and the Strait of Malacca. These locations are not obscure geographic trivia; they are the pressure valves of the international system. If even one is blocked or militarized, the economic...

In this episode of the Explaining History Podcast, we examine the opening moves of the Ottoman Empire's war against Britain – a desperate, audacious campaign to seize the Suez Canal that has been largely forgotten but which revealed the fragility of the British Empire and the resilience of the Ottoman army.At the outbreak of the First World War, the Ottoman Empire saw itself surrounded by enemies: the British in Egypt, the Russians to the north, a hostile Habsburg Empire to the west, and a recently hostile Italy in the Mediterranean. The Young Turk government initially hoped to stay out of the war. But when they looked at Britain, France, and Russia, they saw voraciously hungry powers intent on dismembering their empire. Germany offered a security guarantee – unreliable, but the best available.The German High Command placed a high priority on cutting the Suez Canal. Between August and December 1914, 376 transport ships carried nearly 164,000 Allied troops through the canal. It was the vital artery connecting the Indian Ocean to the Mediterranean – the lifeline of Britain's Asian empire. If the Ottomans could pinch it off, they could deal Britain a mortal blow and perhaps inspire a pan‑Islamic jihad against British rule.The man chosen to lead the attack was Cemal Pasha. In November 1914, he stood in Istanbul's central train station and publicly proclaimed his intention to conquer Egypt. The British dismissed his pledge as empty rhetoric. They did not believe he could raise an army large enough or cross the waterless, hostile Sinai desert.But Cemal assembled a heterogeneous, multi‑ethnic force – regular soldiers from the Arab provinces, volunteers from Bedouin, Druze, Circassian, Kurdish, Albanian, and even Jewish communities. He wrote to the Sharif of Mecca, Hussein ibn Ali, asking for troops under one of his sons. Hussein's son Ali went no further than Medina – a warning sign Cemal chose to ignore.Against all odds, Cemal's force marched across the Sinai in 12 days, losing neither a man nor a beast. They carried light rations of dates, biscuit, and olives, water carefully rationed, marching through the freezing nights and resting by day. British aerial surveillance initially failed to detect them – early aircraft lacked the range to reach central Sinai.By late January 1915, the British realised the impossible was happening. They withdrew all troops to the western shore of the canal, chained guard dogs on the east bank, and waited. The odds were stacked against the Ottomans – 25,000 attackers against 50,000 dug‑in defenders, backed by warships, armoured trains, and the canal itself. But Cemal had achieved surprise. What happened next would shape the course of the war in the Middle East.Drawing on Eugene Rogan's *The Fall of the Ottomans*, this episode explores the political context of the Ottoman decision to enter the war, the challenges of mobilising a multi‑ethnic army, the incredible logistics of the Sinai crossing, and the early use of aerial reconnaissance in desert warfare.**Topics covered:**- The Ottoman Empire's strategic dilemma in 1914- The alliance with Germany and the promise of jihad- The importance of the Suez Canal to the British war effort- Cemal Pasha and his public proclamation- The composition of the Ottoman expeditionary force- Sharif Hussein's reluctant cooperation- The 12‑day march across the Sinai- British aerial reconnaissance and its limitations- The defence of the canal: warships, armoured trains, and guard dogs- The moment of surprise before the attack---*If you enjoy the podcast, please consider supporting us – we are migrating from Patreon to Substack. Details in the show notes.*Explaining History helps you understand the 20th Century through critical conversations and expert interviews. We connect the past to the present. If you enjoy the show, please subscribe and share.▸ Support the Show & Get Exclusive ContentBecome a Patron: patreon.com/explaininghistory▸ Join the Community & Continue the ConversationFacebook Group: facebook.com/groups/ExplainingHistoryPodcastSubstack: theexplaininghistorypodcast.substack.com▸ Read Articles & Go DeeperWebsite: explaininghistory.org Hosted on Acast. See acast.com/privacy for more information.

“Be optimistic about the boom, but don't buy the stock.” — Liaquat Ahamed on the AI bubble Yesterday, Alexander Starritt argued that the 2008 financial crash ruined the lives of his generation. But compared with the great crash of 1873, 2008 looks like a tremor. The Pulitzer Prize-winning economic historian Liaquat Ahamed has a new book out today, 1873, which presents this 19th century economic crash as the first truly global financial crisis. In 1870, three globalising infrastructure projects were completed in quick succession: the US transcontinental railroad, the Suez Canal, and the Trans-India railroad linking Bombay to Calcutta. Into this newly integrated global economy, the Franco-Prussian War injected a trillion-dollar-equivalent indemnity that the Rothschilds helped France raise — and the resulting dramatic capital flows produced three simultaneous bubbles in Berlin, Vienna, and New York. A French journalist named Jules Verne worked out that for the first time, you could circumnavigate the globe in less than eighty days. Around the world in one global economic crisis. The lesson for posterity, Ahamed warns, is that the authorities made a catastrophic error by doubling down on the gold standard, producing decades of deflation that triggered an anti-semitic and anti-globalist populism, and ultimately led to the Great Depression of the 1930s. So what does that tell us about today's AI boom, which is about to be rocketed by three trillion-dollar IPOs? Be optimistic about the boom, the wise Ahamed says. But don't buy the stock. Five Takeaways •       Jules Verne and the First Global Economy: In 1870, three iconic infrastructure projects were completed: the US transcontinental railroad, the Suez Canal, and the Trans-India railroad linking Bombay to Calcutta. A French newspaper noted that for the first time, a traveller could circle the globe in less than eighty days. Jules Verne read the article and found his next novel. The point for Ahamed: this moment marked the creation of a genuinely integrated global economy for the first time in history. And with global integration came the first global financial crisis. The boom of the 1850s and 1860s was not irrational. It reflected real economic growth. The crash came from what happened next. •       The Trillion-Dollar Indemnity and Three Simultaneous Bubbles: Under the peace treaty ending the Franco-Prussian War, France was required to pay Germany an indemnity worth the equivalent of $1.2 trillion in today's money. With the help of the Rothschilds, France raised this sum in six months. The resulting capital injection caused the Berlin and Vienna equity markets to rise 200–300 percent. Simultaneously, European capital fleeing the war flowed into US railroad construction, inflating that bubble further. A third bubble formed in foreign borrowing on the London capital markets, as money chased yield in countries that should never have been given credit. Three bubbles, one crash. •       The Wrong Lesson from 1873: Gold Standard Orthodoxy: When the crash came, the authorities made a catastrophic error: they concluded that the gold standard had worked because the 1850s and 1860s boom had happened under it. They failed to see that the crash itself was partly produced by the gold standard's rigidities. The resulting decade of deflation crushed farmers, debtors, and ordinary people across Europe and America, fuelling anti-globalist populism. The same orthodoxy — applied by Montagu Norman and others in the 1920s — helped cause the Great Depression. We always fight the last war. •       The Rothschilds: Scapegoated Despite Being Innocent: The Rothschilds were at the centre of the 1873 boom as the world's leading bond underwriters. Presciently, they kept a low profile during the most speculative phase of the bubble. When the crash came, they were viciously scapegoated — part of the wave of antisemitism that swept Europe in the wake of the depression. Ahamed's irony: the Rothschilds were blamed for a crisis they had been cautious enough to partially avoid. The story of 1873 is, among other things, a story of how financial panic turns into political persecution. •       The AI Boom: Be Optimistic, Don't Buy the Stock: Andrew's final question: should we buy Anthropic and OpenAI when they go public? Ahamed's answer, via the lesson of every bubble from 1873 to 1929 to the dot-com era: bull markets are usually driven by real fundamentals — until the last phase, when they become untethered. The 1920s were rational until 1927; the dot-com era was rational until 1997. The dilemma: the last irrational phase may still produce 40 percent gains. Ahamed's advice: be optimistic about the AI boom. It reflects real productivity growth. But don't buy the stock. About the Guest Liaquat Ahamed is a financial historian and investment manager. He graduated with degrees in economics from Cambridge and Harvard, worked at the World Bank in Washington, D.C., and had a twenty-five-year career as a professional investment manager based in London and New York before turning to writing. He is the author of 1873: The Rothschilds, the First Great Depression, and the Making of the Modern World (Penguin Press, June 2, 2026) and Lords of Finance: The Bankers Who Broke the World (winner of the 2010 Pulitzer Prize, the Council on Foreign Relations Arthur Ross Gold Medal, and the Financial Times Best Business Book of the Year). He lives in Washington, D.C. References: •       1873: The Rothschilds, the First Great Depression, and the Making of the Modern World by Liaquat Ahamed (Penguin Press, June 2, 2026). •       Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed (Penguin Press, 2009) — the Pulitzer Prize-winning predecessor, referenced throughout. •       Episode 2928: Alexander Starritt on Drayton and Mackenzie — directly referenced at the opening; the 2008 companion. •       James Surowiecki, “Why Stocks Keep Going Up,” The Atlantic — referenced in the final exchange. About Keen On America Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,900 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting. WebsiteSubstack

Is wholesale distribution entering its most disruptive era yet?In this episode of Around the Horn in Wholesale Distribution, Kevin Brown, Tom Burton, and Mark  Gilham of Enable unpack the forces reshaping the B2B supply chain: inflation measurement debates, Federal Reserve strategy, tariff refund accounting risks, buying group consolidation, maritime trade choke points, and the growing influence of AI on distributor–manufacturer relationships. This episode explores how data-driven decision making is shifting the industry from relationship-based instinct to AI-powered commercial intelligence, and what that means for distributors, manufacturers, CFOs, and industry leaders.What You'll Learn:The difference between core inflation vs trimmed average inflation, and why the metric matters for CFO planning, pricing strategy, and capital investment decisionsHow a more flexible Federal Reserve approach impacts interest rate modeling, debt refinancing, and working capital strategy in wholesale distributionWhy tariff refunds create accounting, tax, and downstream pricing pressure, and how distributors and manufacturers should prepareThe real impact of global maritime choke points like the Strait of Hormuz, Suez Canal, Panama Canal, and South China Sea on supply chain resilienceWhy buying groups like Evergreen are consolidating, and how rebate economics drive churn and competitive pressureHow AI could disrupt traditional distributor–manufacturer relationships by prioritizing margin analytics, pricing optimization, and product substitution models over loyaltyEpisode Highlights:03:22 – Mark  Gilham explains how Enable connects manufacturers and distributors through rebate and pricing intelligence11:45 – Core inflation vs trimmed average inflation: what's the difference and why does it matter for distributors?24:41 – A Greenspan-style Fed strategy: how rate uncertainty changes business forecasting42:30 – Tariff refund accounting risks and downstream pricing pressure across the supply chain57:45 – The six global maritime choke points and why “just-in-time” models increase fragility1:00:41 – Why Evergreen shut down and what buying group consolidation means for distributors1:14:42 – Manufacturers' growing concern: will AI override decades of channel relationships?1:23:48 – “It all depends on the brief the AI has.” How AI configuration shapes profitability and channel outcomesMeet the Guest:Mark  Gilham is a former distributor CFO and now a leader at Enable, a pricing and rebate management platform focused on helping manufacturers and distributors trade more intelligently in the B2B ecosystem. His expertise bridges finance, pricing strategy, rebate optimization, and AI-driven commercial execution.Tools, Frameworks, and Strategies Mentioned:Enable Rebate Management and Pricing IntelligenceLeadSmart Enterprise Growth PlatformRevenue Expander white space analyticsPrediction market data modeling for interest rate forecastingAI-driven commercial optimization and margin normalization modelsClosing Insight:“Future decisions are not going to be made based on a relationship. They're going to be made based on what the AI model tells the distributor.”As wholesale distribution evolves, the competitive edge will belong to organizations that combine trusted relationships with structured data, commercial intelligence, and AI-ready infrastructure.Leave a Review: Help us grow by sharing your thoughts on the show.Learn more about the LeadSmart AI B2B Sales Platform: https://www.leadsmarttech.com/Join the conversation each week on LinkedIn Live.Want even more insight to the stories we discuss each week? Subscribe to the Around The Horn Newsletter.You can also hear the podcast and other excellent content on our YouTube Channel.Follow us on Facebook, Twitter, Instagram, or TikTok.

Three months into the Iran war, Yemen's Iran-backed Houthi rebels have largely been absent, depriving Iran of an opportunity to increase further pressure on Saudi Arabia, global energy markets, and international trade. The Houthis could have bolstered Iranian leverage by disrupting shipping in the narrow Bab al-Mandab waterway, which connects the Suez Canal with the Arabian Sea and the Indian Ocean. Some ten per cent of global trade passes through the strategic waterway. The disruption would have come on top of Iran's throttling of shipping in the Strait of Hormuz through which 20 per cent of the world's oil flowed before the war and the US naval blockade of Iranian ports. It would also have threatened Saudi Arabia's efforts to enhance existing and develop alternative export routes that circumvent the Strait of Hormuz by directing oil and trade to the kingdom's Red Sea coast. The Houthis have good reason to hold their fire and limit their support for Iran to statements and the symbolic firing of a few missiles in the direction of Israel in the first month of the war.

When the storms in life strike, as they inevitably do, it feels as though we're caught in a small boat out on a stormy ocean. At that point, what we really need is some solid ground beneath our feet. And fortunately, God knows that only too well.   Dealt a Cruel Blow You know you can always tell when we are starting a new series – I am excited. I love to get onto a new series in God's Word and that's what we are doing today. We are starting a series called "On Solid Ground" to listen to what God has to say into one of the central dilemmas of our lives and that dilemma is this: dealing with the storms of life. I remember when I was a young boy – I was about four or five years old. My mother and my sister and I sailed in a ship from Australia to Europe. Now that was a four week sail through the Suez Canal and back again. It's a long way and I remember, even to this day, there were some huge storms along the way. I remember they had ropes in the corridors on the ship to hang onto. I have never forgotten those storms and remember, this was a large cruise ship and yet it seemed to get tossed around in those storms. I was sea sick; I was very afraid as a young kid, even though I was on this big cruise liner. I remember going out onto the deck and seeing the huge waves and the winds and the ship was pitching around in this fearsome ocean and for me, there is nothing as frightening as an angry sea and a violent storm – the ground as it were, moving under your feet. For some people life seems to be a constant storm. The ground under their feet is never solid – there is always some fear and some uncertainty and they can never quite figure out why. What is going on – why is my life always like this? Now many of these people believe in God and yet life seems to be one endless storm. What we really want to have is solid ground under our feet. When you are in a storm the question is – how? That's what we are going to be exploring in this series called "On Solid Ground" starting right here and right now. Now if you have a Bible, I'd like you to grab it because we are going to be spending most of our time in the first eight chapters in a Book called First Samuel, in the Old Testament. We are going to discover the truth that we kind of know or we should know and yet it gets lost in the world that we live in. See this is a 'me' centred world where so often we find ourselves going to God asking Him for things for me, for me, for me and little by little, instead of God being God we expect Him to start being like a performing dog – to do tricks on our command. It may seem harsh but you get God the wrong way around and it spells dog. Am I expecting God to start dancing to my tune or am I dancing to His? It's a good question. That's what we are going to be exploring in this story and it begins in the storm. It's a story about a woman called Hannah and it turns out that she is going through some incredibly tough times in her life but she has the Creator/creature relationship the right was up. Open you Bible – let's go to First Samuel – it's the ninth book of the Old Testament. It's kind of just over a third; between a third and a half way in. We are going to start at the first verse of the first chapter of First Samuel. There was a certain man from Ramathaim, a Zuphite from the hill country of Ephraim whose name was Elkanah, son of Jeroham the son of Elihu the son of Tohu the son of Zuph, an Ephraimite. He had two wives; one was called Hannah, the other Peninnah. And Peninnah had children but Hannah had none. Year after year this man went up from his town to worship and to sacrifice to the Lord Almighty at Shiloh where Hophni and Phinehas the two sons of Eli, were the priests of the Lord. Whenever the day came for Elkanah to sacrifice he would give portions of the meat to his wife Peninnah and to all her sons and daughters but to Hannah he gave a double portion because he loved her and the Lord had closed her womb. And because the Lord had closed her womb, her rival kept provoking her in order to irritate her. This went on year after year – whenever Hannah went up to the house of the Lord her rival provoked her until she wept and wouldn't eat. Elkanah, her husband would say "Hannah why are you weeping? Why don't you eat? Why are you down hearted? Don't I mean more to you than ten sons?" Pretty tough! Anybody who has ever gone childless or had someone in their family who has gone childless will know the incredible pain of a couple who would like to have a child and yet they can't conceive. Can you imagine this going on year after year after year and in between these annual trips, as well? And of course, there were two wives – now the Bible doesn't talk about the fact that there were two wives – obviously the author doesn't feel a need to comment – praise God that has gone away. But never the less, poor old Hannah had a pretty tough time – a real storm, year after year, the pain of being childless and she had lots of choices in that space. She could have been angry; she could have lashed out; she could have withdrawn. And her husband is pretty useless; typical male – "What's the matter, why are you crying? You've got me!" So what does Hannah do? Let's look at First Samuel chapter 1, beginning at verse 9: Once they had finished eating and drinking at Shiloh, Hannah stood up. Now Eli the priest was sitting on a chair by the door post of the Lord's temple. In the bitterness of her soul, Hannah wept much and prayed to the Lord and she made a vow saying "O Lord Almighty, if You will only look upon Your servants misery and remember me and don't forget Your servant but give her a son then I will give him to the Lord for all the days of his life and no razor will ever be used on his head." As she kept on praying to the Lord, Eli observed her mouth. Hannah was praying in her heart and her lips were moving but her voice was not heard. Eli thought she was drunk and said to her "How long will you keep on getting drunk? Get rid of your wine." "Not so my lord" Hannah replied, "I'm a woman whose deeply troubled. I haven't been drinking wine or beer. I was pouring out my soul to the Lord. Don't take your servant for a weak woman – I have been praying here about the great anguish and grief that I have." And Eli answered "Go in peace. May God of Israel grant you what you have asked Him." She said, "May your servant find favour in your eyes." Then she went her way and ate something and her face was no longer downcast. Turns out she does have a son, calls him Samuel, gives him over to God as soon as he is weaned and he comes and serves as a priest in this temple under Eli, whom we discover later is one bad dude. He is the priest; he is supposed to be the go between, between God and His people and yet he and his sons have no respect for God. We will look at them later and also we will see Samuel's fate. At the start of the programme I talked about this "me, me, me" thing – always asking God for stuff; kind of turning things the wrong way round, instead of us being made in God's image, we try to remake Him in ours. And yet here is this story – this story that begins in a storm – this story that begins with Hannah in a storm and she is asking God for something. Did you notice she doesn't lash out or whine or complain? She humbles herself before God and asks her sovereign God; pours her heart out to Him. Eli, this scoundrel, with as much spiritual insight as my pet cat, thinks she is drunk and feeds her with platitudes – "May the Lord give you what you ask for." Yet here is a simple woman at the bottom of the heap, pouring her heart out to her God. And notice what it says after she does that, in verse 18 of chapter 1: "Then she went her way and ate something and her face was no longer downcast." See Hannah's feet were on solid ground – even before her prayer is answered – a seemingly impossible prayer. You know what that tells me? She trusted her God – no matter what His answer would be – she trusted Him; she let it go; she stopped worrying and God answered her prayer. I'm not saying "Let's all be like Hannah" – we are clearly not, our storms are different to hers but what we discover in this story is that when we put God in His rightful place – God – He honours that. We are going to have a look at her understanding of her God again next.   Chalk and Cheese What comes next in this story is Hannah's prayer of thanksgiving. She is in this storm; she asks God for the impossible; she has got the taunts of the other wife and she comes to God in a prayer of humility; pouring out her soul and God answers her with a son and she gives that son back to God for the rest of his life. Now listen to what she prays and how she rejoices. We are now at chapter 2 of First Samuel, beginning at verse 1: Then Hannah prayed and said 'My heart rejoices in the Lord, in the Lord my horn is lifted high, my mouth boasts over my enemies for I delight in Your deliverance. There is no one holy like the Lord. There is no one besides You. There is no rock like our God. Do not keep talking so proudly or let your mouth speak such arrogance for the Lord is a God who knows and by Him deeds are weighed. The bows of warriors are broken but those who stumble are armed with strength.' And this prayer goes on and on ... read it for yourself in First Samuel chapter 2. And you know what it's all about? The power and the sovereignty of God! It's about a Hannah who went to God with this in her heart – God is above all things. Not this attitude of "Let's reform God in my image. Let's turn Him into a performing poodle." You know how I know that? Because when she poured out her heart to God she offered her son back to Him and she honoured that promise when God delivered her son. There is a challenge there for each one of us about how we go to God – how we see Him – as the King of Kings and the Lord of Lords or some puppy dog that performs tricks on our command? Come on! And how can we tell the difference? See, this is a very hard thing to discern sometimes. How can we tell the difference between a right and a wrong attitude towards God? Let's go back to His Word and we will see what a wrong attitude looks like when we look at the priest Eli and his sons. Join me is First Samuel chapter 2 verse 11. Remember Eli was the priest that was at the temple when Hannah went to pray. Eli's sons were wicked men; they had no regard for the Lord. Now it was the practice of the priests with the people, that whenever anyone offered a sacrifice and while the meat was being boiled, the servant of the priest would come with a three pronged fork in his hand, he would plunge it into the pan or the kettle or the cauldron or the pot and the priest would take for himself whatever the fork brought up. This is how they treated all the Israelites who came to Shiloh. But even before the fat was burned, the servants of the priest would come and say to the man who was sacrificing "Give the priest some meat to roast – he won't accept boiled meat from you but only raw." If the man said to him "Let the fat be burned up first and then take whatever you want, the servant would answer "No, hand it over now, if you don't I'll take it by force." So this sin of the young men; the young priests was very great in the Lord's sight for they were treating the Lord's offerings with contempt. You see the way we tell the difference about our heart attitude towards God is through how we behave. Hannah could have complained; Hannah could have fought back; Hannah could have acted up badly; she could have lashed out at her husband; she could have grumbled at the other wife and yet, in her pain, who could have blamed her? She could have shaken her fists at God and instead she went to Him with her mission impossible and poured out her heart to God and trusted Him because He is God and then she had peace. He honoured that! Here's an amazing truth – it's one of those pivotal passages in the Bible that tells us a huge amount about why, when we have a wrong heart toward God, things go badly in our lives. Listen to First Samuel chapter 2, verse 30; this is a verse that's worth writing down. God says: For those who honour Me, I will honour. And those who despise Me shall be treated with contempt. And what we read in the remainder of chapter 2 of First Samuel, starting at verse 27, is that God deals with Eli and his two sons and He sends a prophet to Eli and this is what happens. First Samuel chapter 2, verse 27: Now, a man of God came to Eli and said to him "This is what the Lord says" "Did I not clearly reveal Myself to your father's house when they were in Egypt, under Pharaoh? I chose your father out of all the tribes of Israel to be My priest, to go up to My alter to burn My incense, to wear an ephod in My presence. I also gave your father's house all the offerings made with fire by the Israelites. "So why do you scorn My sacrifice and offering that I prescribed from My dwelling? Why do you honour your sons more than Me by fattening yourselves on the choice parts of every offering made by My people Israel?" Therefore the Lord, the God of Israel declares "I promised that your house and your father's house would minister before Me forever," but now the Lord declares "Far be it from Me; those who honour Me, I will honour but those who despise Me I will disdain. The time is coming when I will cut short your strength and the strength of your father's house so that there will not be an old man in your family and you will see distress in the dwelling and good will be done to Israel. In your family line there will never be an old man. Every one of you that I do not cut off from My alter, will be spared only to blind your eyes with tears and grieve you heart and all your descendants will die in the prime of their lives. And what happens to your sons Hophni and Phinehas will be a sign to you - they will both die on the same day. And I will raise up for Myself a faithful priest who will do according to what is in My heart and in My mind. I will firmly establish his house and he will minister before My anointed one always. Then everyone left in the family line will come and bow down before him for a piece of silver and a crust of bread and plead "Appoint me to some priestly office so I can have food to eat." The boy Samuel ministered before the Lord under Eli. In those days the Word of the Lord was rare – there were not many visions. There it is – these priests were in a position of power and authority and responsibility and they ... they didn't honour God, in their words and in their deeds, they rejected Him. And God dealt with them. Hannah on the other hand – well, she was like chalk and cheese compared to Eli, Hophni and Phinehas. Hannah was the lowly of the lowly – these priests were on the top of the social religious register but that made no difference to God. "I will honour those who honour Me and those who despise Me shall be treated with contempt." The priests failed! The Word of the Lord was rare – their job was to tell people what the Word of the Lord was and yet, in those days it was rare. You know, if you can't change the people, sometimes you have to change the people and that's exactly what God does here. Ultimately, young Samuel becomes the priest and the prophet of Israel – he is the one that grows in favour and we are going to look at his story next week.   It's About Honour Let me ask you something. Who was on solid ground, Hannah who honoured God or the priests Eli, Hophni and Phinehas who pleased themselves? See, it's so easy to be like Eli, Hophni and Phinehas but it's hard to be like Hannah. You know why? Because we can't really see God – not like we can see the physical reality that we are in – not like we can see our circumstances – not like we can see the storm and feel the fear. All those things seem so much more real than this notion of a God that we can't see – a God that we have to put our faith in instead of being able to touch and hear physically. And so this present reality takes over and God has to fit into our present reality. Absolutely, it is easy to be like Eli, Hophni and Phinehas! It's easy to relegate God to one of the things that has to fit into our present daily agenda. But God is no less real for the fact that we physically can't see Him. He is no less powerful for the fact that we interact with Him in faith. God is God and solid ground is the place that Hannah knew – she stood before God. I once heard someone say that peace is trusting in the sovereignty of God. Hannah had that peace. For that very reason – in the eye of her perfect storm, in that place of taunts and disappointments and hurts that she couldn't even utter when she poured out her heart to God – Hannah discovered God's peace through a simple, simple act of faith. So many times over these recent years for me, when the storms have blown in – so many times and you know, in a sense - each time I feel so inadequate to deal with those storms. Isn't that the point? When we are on that ship in the ocean, doesn't matter how big the ship is; doesn't matter how strong we are, we are nothing compared to those storms. People come against you – circumstances, finances, things that really hurt, things of real fear, horrible things that people do – and we feel so inadequate just going and praying about them, well, "What good is that?" But you know what that prayer of faith is? That prayer of anguish and pouring out our hearts before the Lord, like Hannah did, it's honouring Him as the sovereign God. It's saying "God I may be smaller than this storm but this storm is nothing more than a pin prick for You. You are above all things, above all powers, above all dominions and circumstances and storms." And listen again to God's Word. First Samuel chapter 2 and verse 30. God says: I will honour those who honour Me and those who despise Me will be treated with contempt. Who had solid ground under their feet – Hannah or Eli, Hophni and Phinehas? Now next week we are going to see how God's contempt was poured out on Eli, Hophni and Phinehas. Remember that prophesy from the man of God, saying to Eli, "Your two sons Hophni and Phinehas are going to die on the same day as a sign to you that there will never be another old man in your line." We are going to see that happen next week and we are also going to see how God's honour was carried forth for Hannah through Samuel her son. We haven't talked a whole lot about him today but this Book is named after him – First Samuel. We will see that next week on the programme. God blesses Samuel – God sets him up as the priest and the prophet and the judge over the whole of the nation of Israel. This nobody woman, this Hannah, who couldn't have a son, honours her God and God takes that and changes the course of history. God's blessing to Hannah flowed on, down the generations through her son. The question we need to ask ourselves is this: when I look at my life, when you look at your life, do we look like Hannah or Eli? Because that's how I figure out whether I'm someone who honours God as the King of Kings and the Lord of Lords, as the sovereign of all things. Is this the God I go to, to pour my heart out to? Or do I steal His stuff? Is He the God I rejoice in when He answers me or the God who I try to kind of fit into my schedule when I can be bothered? That God who I manipulate and massage and mould into whatever I want Him to be. Make no mistake – God takes His honour and His glory very, very seriously. He gives them away to no man and to no woman. And as we will find out in the lives of Eli, Hophni and Phinehas, it's a matter of life and death.

A stalemated war. Fractured alliances. A rival waiting in the wings. It feels to me that we're having an “end of the American empire” moment. My guest this week, Ray Dalio, is an unlikely prophet of doom — the billionaire Bridgewater investor conquered Wall Street by studying history and mastering global trends. He foresaw the 2008 financial crisis,and these days he's warning that the U.S. is repeating the patterns that ended great empires of the past. 0:00 - Intro 01:24 - The rise and fall of empires through big cycles 08:35 - Geopolitical tensions: China, Iran and the Suez Canal 14:27 - Fiat currency or gold? 24:19 - America's coming ‘heart attack' 30:37 - Acts of nature, A.I. and technology 43:37 - ‘Could we have a Japanese future?' (A full transcript of this episode is available on the Times website.) Thoughts? Email us at interestingtimes@nytimes.com. Please subscribe to our YouTube Channel, Interesting Times with Ross Douthat. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today on the show: the Epstein suicide note released plus Steven Portnoy from ABC News on the Lutnik testimony. Tyler Kendall from Bloomberg with the latest on the war. Travel Expert Peter Greenberg live from the Suez Canal. Plus, Justin Gray from WSB-TV live in studio. 9am-noon on 95.5 WSB.

Today on the show: the Epstein suicide note released plus Steven Portnoy from ABC News on the Lutnik testimony. Tyler Kendall from Bloomberg with the latest on the war. Travel Expert Peter Greenberg live from the Suez Canal. Plus, Justin Gray from WSB-TV live in studio. 9am-noon on 95.5 WSB.

Today on the show: the Epstein suicide note released plus Steven Portnoy from ABC News on the Lutnik testimony. Tyler Kendall from Bloomberg with the latest on the war. Travel Expert Peter Greenberg live from the Suez Canal. Plus, Justin Gray from WSB-TV live in studio. 9am-noon on 95.5 WSB.

What does it take to spend 50 years championing history's most maligned king and turn that passion into six published novels?This week on Rock, Paper, Swords, hosts Justin Hill and Matthew Harffy are joined by Anne Easter Smith, author of a celebrated series of novels spanning the entire York dynasty. Born near Winchester, raised partly in Egypt watching Suez Canal convoys from her window, and a resident of the United States since 1968, Anne has one of the most extraordinary life stories we've heard on the show, and it's all filtered into the rich, meticulous historical fiction she writes.Anne tells us how Josephine Tey's The Daughter of Time converted her into a lifelong Ricardian at the age of 21, how a chance meeting at a New York City party led to a publishing deal with Simon & Schuster, and how she built her six-novel York dynasty series from the ground up, always insisting on visiting every location her characters walk through.We also dig into the realities of the publishing industry: the golden age of author tours and dedicated publicists, the impact of the 2008 recession on advances and promotion, and the surprisingly personal dynamics of the agent-author relationship.Anne also previews her upcoming panel at the Historical Novel Society Conference in Maynooth, where she'll join Margaret George and Leslie Carroll to make the case for history's supposed villains: Richard III, Nero, and Marie Antoinette.Before Anne joins us, Justin and Matthew check in on their own writing: Matthew is filling in the historical detail on his first Roman novel (a possible new series set in ancient Rome), while Justin is on deadline for his latest Warhammer novel and thinking ahead to a contemporary shipping story.A brilliant conversation about history, storytelling, the craft of writing, and the power of fiction to make us feel the past.Watch on YouTube: https://youtu.be/E0uAV2wuJg0Support the show on Patreon from just £1/month — bonus episodes, Q&As, and more: https://www.patreon.com/c/RockPaperSwordsPodcasthttps://linktr.ee/RockPaperSwords

Electricity Canada CEO Francis Bradley joins thinkenergy to unpack the 2026 State of the Industry report, Forging Canada's Electricity Future. Why is public trust in utilities peaking in light of extreme weather? Why is a single word in the Fisheries Act halting major hydro projects? They dive into supply chain headaches, bureaucratic red tape, and how treating the power grid like core tax-funded infrastructure can make electricity bills more affordable for consumers. Related links  Electricity Canada: https://www.electricity.ca/ Francis Bradley on LinkedIn: https://www.linkedin.com/in/francis-bradley-icd-d-ias-a-3617802a/   Electricity Human Resources Canada: https://ehrc.ca/  Trevor Freeman on LinkedIn: https://www.linkedin.com/in/trevor-freeman-p-eng-8b612114  Hydro Ottawa: https://hydroottawa.com/en    To subscribe using Apple Podcasts: https://podcasts.apple.com/us/podcast/thinkenergy/id1465129405  To subscribe using Spotify: https://open.spotify.com/show/7wFz7rdR8Gq3f2WOafjxpl  To subscribe on Libsyn: http://thinkenergy.libsyn.com  --- Subscribe so you don't miss a video: https://www.youtube.com/@thinkenergypod Follow along on Instagram: https://www.instagram.com/thinkenergypod/  Stay in the know on Facebook: https://www.facebook.com/thinkenergypod Keep up with the posts on X: https://twitter.com/thinkenergypod - Transcript: 00:01 Trevor Freeman: Welcome to Think Energy, a podcast that dives into the fast-changing world of energy through conversations with industry leaders, innovators, and people on the front lines of the energy transition. Join me, Trevor Freeman, as I explore the traditional, unconventional, and up-and-coming facets of the energy industry. If you have any thoughts, feedback, or ideas for topics we should cover, please reach out to us at thinkenergy@hydroottawa.com. 00:27 Trevor Freeman: Hi everyone, and welcome back. Here's something you've heard me say before: the energy transition isn't coming, it's here now. And that's showing up in a lot of different ways—from the significant increase in demand that we're seeing driven by AI data centers and electrification, to the ever-increasing adoption of distributed energy resources by everyday Canadians in their homes and businesses. Even utilities looking to non-wire solutions as a strategy to employ alongside the traditional poles and wires approach to meet this growing demand. That's all happening now. 01:03 Trevor Freeman: And that really underscores the message that the time for talking about how we will eventually build out our grid to handle the energy transition has turned into the time to build and deliver on that talk. But, as with most things, it's never just that easy. This is all happening against the backdrop of an energy industry that is, to say the least, facing some pretty significant turmoil. What sector isn't right now? There's global conflict, there's a need for bold new policy direction, changing technology—these are not insignificant factors. 01:38 Trevor Freeman: And so, to help us understand where we currently are at and where immediate action is necessary, I think it's time we check in with a two-time previous guest on this show: Francis Bradley. Francis is the President and CEO of Electricity Canada, the leading voice for the electricity industry in this country. We've had Francis on the show before in the past and it's great to have him back here today to chat about some of these issues. 02:04 Trevor Freeman: Every year, Electricity Canada releases a State of the Industry report that serves as kind of a pulse check on our sector. You'll hear shortly in my conversation with Francis that there is something to the naming of these reports. In 2023, the message was "Build It". In 2024, they used the title "Getting to Yes". But the 2026 report, which was just released, has a bit of a different title: it's called "Forging Canada's Electricity Future". 02:35 Trevor Freeman: Now, to forge something implies heat, pressure, a lot of hard work. And this report does exactly that. It dives into the regulatory system that we operate in, the gaps in our labor and supply chains, and this new geopolitical reality that's pushing Canada to prioritize our own domestic production. But it's not all warnings. There is a roadmap, so to speak, in the report that specifies 18 recommendations that Electricity Canada proposes be addressed in order to help our industry thrive. As the need to increase our capacity and meet these rising energy demands intensifies, getting projects moving, getting shovels in the ground is absolutely critical. So, it's really great to have Francis here today to chat through that and talk about what's in the report, and I'm sure it'll be a great discussion. 03:26 Trevor Freeman: Francis Bradley, welcome to the show—welcome back to the show. 03:29 Francis Bradley: Oh, delighted to be back. Good to see you. 03:32 Trevor Freeman: So Francis, it's great to have you back on the show. It's always a pleasure to catch up and get, you know, your perspective, your take on what's happening in the world of energy, and particularly the Canadian energy landscape. So, we chatted just under a year ago, and I don't think it's an exaggeration to say that was a pretty tumultuous time in the world of energy, at least here in Canada. 03:52 Trevor Freeman: So, just for context setting for our listeners as a reminder: we had just come out of both a provincial and federal election here in Ontario. Our various levels of governments were responding to actual tariffs and threats of additional tariffs. There was a lot of talk about national energy projects from pipelines to east-west electricity grids. So, with that as the backdrop, how has the last year been for you and Electricity Canada, being kind of the main association representing the electricity industry in Canada? Have we seen some of those big projects move forward? Is it all talk or have things actually happened in the last sort of 10, 12 months? 04:36 Francis Bradley: Yeah, I mean, this is a—this is a really good question and it's a great place to start our conversation. You're right, things have been pretty crazy this past year. But also, from the perspective of energy and electricity, there's also been some pretty significant developments as well, particularly I'd say the people who are responsible for the things that we care about in the federal government. 05:04 Francis Bradley: So we've, you know, we've got a Prime Minister that used to be Vice Chair at Brookfield; we've got a Minister of Energy that used to chair the board of Hydro One; the head of the civil service most recently was the President of Hydro Quebec. So, you know, among all of that massive change, we also saw now a team in Ottawa that actually understands our sector and that gets the challenges that we're talking about. 05:32 Francis Bradley: So, you know, have we seen significant projects moving forward? Well, I mean, part of the challenge, of course, is projects in this sector are very, very long-term. I mean, they take a long time. These are not, you know, kind of shovel-ready projects that are just sitting on the sidelines and immediately you get a go, you can move forward. These are generational investments. But what we have seen, I think, is some real movement by the federal government and a very significant change in terms of their approach. 06:05 Francis Bradley: Bill C-5, for example—the first piece of legislation that we saw moving through—that sent a real signal that the government was serious, as serious as you can be in a minority government situation. Short of changing a large number of laws, they essentially do a carve-out for those projects of national interest—or some people call them "PONIs," Projects of National Interest. So we saw addressing, trying to move that small set of projects more quickly through the process. We saw the establishment of the Major Projects Office as a kind of a concierge for these major projects. We saw the MOU with the province of Alberta also, I think, a sign that there is a real desire to see major projects move forward. 07:01 Francis Bradley: But the challenge here—and this is what I raised when I appeared before the parliamentary committee reviewing Bill C-5—is that's all well and good if you happen to be one of those PONIs. If you happen to be the proponent for one of these projects of national interest, that's terrific; you're able to move through this project more quickly. But you know, the reality is the vast majority of the projects that are going to make a difference for the electricity sector and ultimately for Canadian customers may not rise to that level of a Project of National Interest. And so, all of the concerns that we had previous to Bill C-5 really remain for the vast majority of projects that we're going to be facing. 07:44 Francis Bradley: So, yeah, have we seen movement? Yeah, I think we've seen pretty significant movement. We've seen all of the right signals, but as I said, the government can only go so far as a minority government. Now, that's today when we're recording this, but by the time this plays, we may not be in a minority government situation anymore. But that is the reality; it is difficult for the government to get legislation through as a minority, and I'm certainly pleased that one of the first priorities was addressing "how do we get projects built?" because that's something that we've been talking about for a long time. 08:24 Trevor Freeman: And do you see—you know, obviously Canada exists within the broader backdrop of global energy politics or the energy kind of situation? There's a lot going on there right now, of course, you know, conflict in energy-producing countries. Do you see us continuing to move forward on these? So, the last year was kind of a foundation setting, figuring out how to get major projects done, and now we're moving into hopefully implementation, or have we been knocked off course? Do you see something changing significantly in Canadian energy policy and politics as a result of what's happening globally? 09:03 Francis Bradley: Yeah, you know, again, a really good question, Trevor. Because certainly the short-term challenges that we've seen with now the war in the Middle East and the roiling of markets and the significant increase, I think if anything, it's going to prove to be an even greater impetus for us. I don't think it's going to slow us; it's probably going to get us to speed up. I think it certainly will with respect to our colleagues that are in the oil and gas space, but also for electricity. 09:37 Francis Bradley: I think it's going to increase the desire that people will have to see greater energy sovereignty in Canada. And so, a lot of the issues that we've been talking about with respect to building out, meeting the future demand, and getting things built were not directly addressing Canadian sovereignty, but they indirectly address Canadian sovereignty. And over the last year with the challenges with the Trump administration, suddenly questions around Canadian sovereignty are getting more traction. So yeah, I think what's happening in the world today—certainly the most recent past—is going to prove to be, I think, even more impetus for us to want to move and move expeditiously in this space. 10:24 Trevor Freeman: Yeah, I guess something that I think has become clear to folks outside of us who kind of are in the industry is just how tied our energy reality and energy policy is to what's happening globally. And to your point, kind of that global policy, global economics—it's all intertwined and probably people are paying attention to it more now than at least in recent memory. 10:48 Francis Bradley: Yeah, and the good news, at least with respect to electricity, is we are not tied to a world market for electricity and electricity pricing the way like the oil and gas and the price at the pump. If you're filling up your car—I don't fill up my car anymore, I drive electric. But I, you know, I've got family and colleagues that are filling up and I'm hearing, you know, already feeling pain at the pump, which is, you know, the reality of having an international world market. 11:21 Francis Bradley: Our electricity market thankfully doesn't get that kind of—of an impact as a result of those changes. However, what happens in the U.S. with respect to supply and reliability certainly affects us, and it's something that we're watching closely. You know, we've seen cancellations of offshore wind projects, for example, off the East Coast of the United States. You know, we've seen a step back from a number of different types of technologies in the U.S.. So, while international affairs are not necessarily making me as concerned directly with respect to electricity, the North American picture, though, is raising questions with respect to reliability. 11:58 Trevor Freeman: We always go to interesting places during these conversations, right, Francis? 12:02 Francis Bradley: We do, I know. And I kind of—you got my brain going here. Sometimes I like to go down a rabbit hole. 12:09 Trevor Freeman: Okay, so I think that's a good context setting. That's a good place to start to understand where we are, what's been kind of going on, who knows what's coming up. But I do want to spend the bulk of our conversation here talking about Electricity Canada's 2026 State of the Industry report, and the title of that report is "Forging Canada's Electricity Future". 12:31 Trevor Freeman: So, not to spend too much time on semantics, but in previous years, you've titled these reports "Build It," "Getting to Yes" was another example. This year you've chosen "Forging." Is there a play on words there? You know, we're moving into a more high-pressure, difficult phase of the energy transition? Is there anything that we should read into that title, or am I kind of just picking at straws here? 12:56 Francis Bradley: No, you're not. We've been very intentional in terms of what we've been titling our State of the Industry. And so, you know, we've seen an evolution in terms of the thematic approach that we've been taking to this report. And so, you know, when I moved into the role of CEO, we began producing sort of these annual snapshots of the sector. They're intended to kind of lay out what we see as the current state of the electricity sector in Canada and our prescriptions for, you know, what should be done to be able to address our challenges. 13:30 Francis Bradley: And you know, if I look back over the last several years—and you noted some of the thematic approaches we've had in the past—2019 we started with, you know, it was all about "Resilience". 2020 it was about "Transformation". 2021 it was "Renewal". 2022 everybody was talking about net zero, so our theme back then was "Accelerating to Net Zero". 2023, "Build It," you noted that. 2024 was "Getting to Yes," and you noted that one as well. That was an interesting report because it really did focus on—it seemed to have a culture of "no" when it comes to "can we get stuff done?" and it attempted to address that. 14:14 Francis Bradley: 2025, last year's report, you know, as you noted, we were in an interesting place this time last year. You know, we'd just come out of an election. So at the beginning of last year, we put out our annual State of the Industry and it was focused on—we called it "Electricity is Essential" and it really was kind of our election platform edition for electricity. 14:38 Francis Bradley: And yeah, here we are in 2026, so "Forging Canada's Electricity Future." And now, you know, we were very conscious; we wanted to use that term "forging". And forging is, as we note in the report at the very beginning, it means to create something strong and something lasting. So, for example, one forges steel, but you just bake a pie. So, like, we're talking about what is going to be long-lasting and sustainable in terms of our build-out for the future. 15:11 Francis Bradley: So, it isn't necessarily about higher pressure, but it's that it's time to build. It's time to build now, but it's time to build stuff that is going to be enduring, especially given the moment we're in. And that moment includes—well, some things that we haven't seen for a while: federal-provincial-territorial consensus on the need to address long-term electricity needs. 15:37 Francis Bradley: You know, as I mentioned a little bit earlier, we've got people in the key offices in Ottawa, for example, that actually understand the electricity sector, and a federal government that has said that they're going to be introducing very soon—by the time this airs, it's probably already out there—a federal strategy with respect to electricity, something that we've been asking for for a while. So, it isn't necessarily about pressure; it's more about building something that is enduring and something that will last and something that is sustainable given the sort of the time and place that we find ourselves in. 16:15 Trevor Freeman: And in light of that, like looking at the fact that we are hopefully moving into this period of building, of growing, you know, something that jumps out from the report is trust in electricity companies. So, you note that trust is at an all-time high in the players in the sector, even as a majority of Canadians are feeling, you know, to put it in quotes, "financially paralyzed"—and that's from a 2025 RBC study. Trust isn't usually a word that we use for large institutions, large organizations, which a lot of our energy companies are. Why do you think that Canadians are feeling an all-time high in trust in their utilities right now, maybe more so than other parts of the sector? And how do we protect that trust, and I'm thinking especially as we move into periods of growth, periods of change in the industry? How do we protect that? 17:08 Francis Bradley: Yeah, trust is—it's an interesting concept, particularly with sort of institutions when we're approaching it from that perspective. So, you know, what we're talking about here in the report is a specific measure on favorability, and the favorability towards electricity companies specifically. And so, this comes from the polling work that we do, the annual polling that we undertake on behalf of the sector. 17:39 Francis Bradley: Now, polling is interesting; public opinion research is interesting. Almost 40 years ago, when I was hired into this sector, I was hired at the Canadian Electrical Association at the time specifically because of the work that I'd previously and quite recently been doing in public opinion research in the oil and gas sector. So, you know, when we've got questions about what our polling is, I bring both some historical perspectives and I perhaps bring some biases to these conversations. 18:13 Francis Bradley: So, what is trust and why are we suddenly seeing this upswing in favorability? So, my take on it is that it's all about reliability. My take is that favorability is being driven, I think, partially by extreme weather of all things. Because, you know, the last time we saw favorability ratings this high was following the ice storm in Eastern Canada in 1998. 18:41 Francis Bradley: So, customers are seeing electricity companies now, today, keeping the lights on, restoring power following extreme weather events. And they're being told by the media, and they see it and read it everywhere, that weather events are becoming more frequent, they're becoming more extreme, and yet the companies are maintaining reliability. And that is something I think the customer is feeling. 19:10 Francis Bradley: So, like, if you think of sort of a hierarchy of needs from a customer's perspective of what they need from an electricity company—and while, you know, it's going to differ from person to person in terms of what the ordering is going to be—I can guarantee that the top three will be environmental impact, cost, and reliability. And of those three, that last one is actually the first one: reliability. For the customer, they want all of the different attributes that you get from electricity, but the one thing that is non-negotiable is reliability; the lights need to stay on. 19:48 Francis Bradley: And you know, I approach this based upon the work that I've done, as I said, historically. I recall doing focus groups in the spring of 1998 following the ice storm, when we saw the last really major surge in favorability. And I was asking customers about their views, and you know, at the time, as I said, you've got people that are suddenly more favorable towards the sector. 20:13 Francis Bradley: And what I was getting in the focus groups, in the conversations, was people had seen a lot of images on television news and on the cover of newspapers and magazines back when people actually had hard copies of newspapers and magazines. Of images of crews doing heroic things—you know, like hanging off of helicopters, working on lines, and so on. And so, you know, I really do think there is a direct relation between people's favorability of the sector and their perception that given that reliability is so critically important, we as a sector seem to be doing really good stuff. And, you know, they continue to see images on the net as opposed to necessarily in hard copy newspapers of the sector doing incredibly, you know, difficult and challenging things to make sure that the lights stay on for customers. 21:12 Francis Bradley: But of course, it isn't all about simply favorability, and as I said, it's reliability, it's environment, and its cost. And the biggest challenge outside of that, I think over the long term, is going to be the whole question around affordability and cost to the customer. So, you know, you're asking what's driving it, I think it's reliability, but what's the major challenge going forward? I think it's going to be all about affordability for the customer. 21:40 Trevor Freeman: Yeah, it's this interesting, almost ironic feature of extreme weather, of these major outage events—and you know, I'm speaking from Ottawa, we've had our share in the last number of years, let me tell you—that it does force the customers to think more about what it takes to keep the lights on. And if everything's running smoothly and there's no bumps in the road at all, it almost gets forgotten a little bit. But it takes those big events to sort of bring that back to the forefront and there's inconvenience, of course, in the outage, but it also helps people to understand, yeah, this is what is required for this, you know, a grid that is complex and difficult to keep up and running. 22:24 Trevor Freeman: So, I kind of hear what you're saying, affordability you've highlighted a couple times there in the last little bit, and that's kind of where I want to go next. That continues to be top of mind for customers, and you've highlighted it, we hear that from our customers, we see that in the kind of conversations that we're having with our customers. Electricity Canada runs a national customer survey; back in 2024, 84% of respondents to your survey said that an increase in my electricity bill would have a major impact on my finances. So, you know, customers are saying, we'll feel it if electricity bills go up. 23:02 Trevor Freeman: And there's a tension in that because for the foreseeable future, affordability and the need to invest in the grid to build, to grow—we talk about that a lot on the show about how we kind of need to allow for more capacity, accept more distributed energy resources—those two things are going to be in tension with each other. How can utilities manage that, work with other stakeholders—for example, like various levels of government—how do we work together to ensure that the need to expand and invest in the grid doesn't impact rates too dramatically and impact affordability that customers say is so important? 23:44 Francis Bradley: Yeah, and that's the—that's the, you know, that's I think probably the most fundamental challenge that the sector is going to face in the years ahead, the whole challenge around affordability. But sort of I come at this in a bit of a different way, and that is not, you know, not the question of what the customer is paying but what the customer should be paying versus the taxpayer, right? 24:14 Francis Bradley: And so, the question I have is, you know, shouldn't we be looking at treating electricity as part of our core infrastructure? Right? And you know, we've actually started to have conversations around this with respect to our, you know, our defense spending targets. We're going to go from 2 to 3.5%, but that includes, you know, sort of all the supporting infrastructure for defense. Well, geez, shouldn't that actually include, you know, the defense infrastructure, the defense critical electricity infrastructure? 24:49 Francis Bradley: So, you know, if we're thinking about infrastructure and electricity being part of the core infrastructure, as we do with roads or ports or public transit, for example—core infrastructure that is required to enable the economic prosperity of the country—then we shouldn't be looking at relying solely on the kilowatt-hours paid by customers. Because this isn't simply, you know, delivering electricity to a customer; it is ensuring that we have the infrastructure that the economy as a whole needs. 25:27 Francis Bradley: So, you know, just like transit users today, when they buy their transit pass, are not paying 100% of the cost because we recognize that that's actually part of core infrastructure for a country and it needs tax-based funding. So, you know, we need to be looking at more creative ways to be able to address what that funding gap is going to be. 25:54 Francis Bradley: You know, we've got existing tools; we've got the clean technology and clean electricity investment tax credits, we've got the Canada Infrastructure Bank, we've got indigenous loan guarantees—there's a number of other programs that the federal government has in place. But we're going to need to do a lot more if we're going to actually look at kind of growing the Canadian economy and bringing in the investments of basically $2 trillion over the next 25 years. All of that $2 trillion can't go on the rate base, right? But by the same token, when you look at every other piece of core infrastructure that we've got, it is paid for by a mix of user fees and tax base because this is what one does as a nation—one supports the core infrastructure that we've got. So, I think that's how we're going to have to address this in the future. It is kind of having a clear understanding of what one does as a country for our infrastructure, and so it should be paid for as infrastructure as opposed to consumption of electricity by consumers. 27:01 Trevor Freeman: Now, in Canada—like a lot of other jurisdictions—energy is a provincial jurisdiction. So, the kind of change and change in thinking that you're talking about, it's not just one conversation you need to have with the federal government across the country; you're talking about multiple different stakeholders and players and trying to move that conversation. How do you go about that? And I know you're not starting from scratch; this is a conversation you've been having for a while. What does that change look like in a country like Canada where we've got so many different jurisdictions? 27:37 Francis Bradley: Yeah, well, you know, we've done this before. And we've done this with other sectors. No, I mean we have, right? You quite rightly point out that electricity is a provincial responsibility according to the Canadian Constitution. But guess what? So is health. So is public—I mentioned public transit. You know, when we build the next LRT line, it's not going to be all paid for by transit users in Ontario. Some of it is going to be paid for by the provincial government and some of it is going to be paid for by the federal government. You're not seeing any major transit infrastructure in this country—and that is not a federal responsibility—not being built today without some federal contribution. 28:23 Francis Bradley: So, we're not starting from zero from a conceptual standpoint; we do this with many other sectors, but it is those sectors that we know are the kind of the core infrastructure that we require as a country, you know, from health care to public transit to roads and so on. And the conversations are not, you know, not just starting tomorrow, right? These are conversations that have been going on for quite some time. 28:50 Francis Bradley: But yeah, you know, it's interesting when talking to folks that don't spend a lot of time in this space, they ask, like you did, they ask the question, "Wait a second, this is provincial responsibility, isn't it going to be just like an absolute bear to try and have this conversation?" Yeah, not so much. It's like, this is—we've had this conversation on a whole pile of other files where we recognized that we needed a more holistic approach and a national approach that brings together the federal government, the provincial government, the regional municipal governments, and the local community. 29:26 Trevor Freeman: Great. So, pulling on that same thread, regulatory constraints—we all like to talk about regulatory constraints, it's a reality in our industry. The report talks about this being a system that chooses delays. So, tell me a little bit about that and about some of the specific challenges that utilities are hitting right now when they're trying to get projects moving, trying to get things off the ground, and what do you recommend, what does Electricity Canada recommend to streamline that process and get things moving? 30:00 Francis Bradley: Right. So, you know, and we talked earlier about some of the themes of the previous reports—one of them was thematically called "Getting to Yes". Because yeah, I mean, at least our view is by and large the approval regimes that we've got for projects in this country are biased towards figuring out how to turn down projects. You know, what are all of the ways that one can say no, as opposed to like, how do we actually get to yes, and how do we use these—and that isn't to say that it should automatically be a yes or automatically be a no. It should be a clear process that isn't biased one way or the other. 30:41 Francis Bradley: And also, you know, the way we've kind of built this system over the years, we've got multiple levels of government—we were chatting about that just a moment ago with respect to funding—from municipal to regional to provincial and territorial and federal government. And on any project, there's requirement, there's regulations, and there's requirement for approvals and need for coordination, and so inevitably right off the bat, it's going to result in delays. Delays, as I always like to point out to people, delays mean costs—additional costs, additional costs are borne by the customer. So, you know, if we can address this, it also helps us to address the question that we were talking about earlier about affordability. 31:30 Francis Bradley: Right? Like, how long does it take to get a major project built? Depending upon the kind of project that you're talking about, it can be decades or more. So, you know, to what degree can we simplify this? We've got duplication—federal and provincial processes. As well as, in addition to that duplication and different layers, we've got unnecessary regulatory actions that crop up, and the example that I often use—because it's a real head-scratcher for me—is a couple of years ago, the federal government changed the Fisheries Act. 32:07 Francis Bradley: And the Fisheries Act now protects fish as opposed to protecting fisheries. And that sounds like a fairly simple esoteric issue, but it is massively now complicating the licensing and the relicensing even of existing facilities when their licensing comes up. So, by—it wasn't intentional to make it that much more complicated, but it is almost impossible right now to license a hydro facility. There are very few hydro facilities that are currently compliant with this new Fisheries Act that protects individual fish as opposed to fish populations. I don't know, maybe part of the problem is the word fish is both singular and plural, but that just gives you a little more complication for when lawyers get involved in this. 32:59 Francis Bradley: So, listen, what do we need, right? For years, we've had, in four or five years in a row, either in the federal budget or in the fall economic statements or in other pronouncements by the government of Canada, a promise to bring in a "one project, one approval" regime, which sounds great, but we haven't gotten there yet. And it's something that keeps getting promised year after year after year. We need to get to that one project, one approval regime. 33:34 Francis Bradley: And then the other thing is the federal government has also now committed—they introduced it in Bill C-5 for the projects of national interest—a two-year federal approval timeline for major projects. Well, we actually need that for all projects, not just those "PONIs," not just those projects of national interest. We should have a federal timeline on all projects. Again, which isn't to say that every project gets approved within two years, but like, if it's going to get a thumbs up or a thumbs down, you need to know in a reasonable amount of time so that you can figure out what the alternative will be if it's a thumbs down. 34:16 Francis Bradley: So, you know, I think it's just as reasonable to say we need to know if we're getting approval, but we also need to know if we're not getting approved so that alternatives—and that needs to be done in a timely manner. And so the federal government has permitted, has committed to like this two-year timeline for projects of national interest; we'd like to see that across the board—federal government, provincial governments as well—for all projects. We've got the Major Projects Office that's been set up; I'm certain that already there's lessons that are being learned from the Major Projects Office. Well, let's draw those lessons and apply them to all projects, not projects of national interest. 35:00 Francis Bradley: Red tape reduction—we've heard of desires to ensure that we're looking at opportunities—well, that should be a continuous and ongoing process. And then finally, duplication between the federal government and the provinces—we need to eliminate that duplication. You know, for example, even on things as simple as environmental assessments—well, pick one, right? Let's get an agreement between both levels of government that one project, one review for that project will be sufficient. And so the feds can recognize the provincial process, the provincial can recognize the federal—one or the other as opposed to having multiple levels of government essentially doing the same work over and over again. And again, as I said earlier, as you well know, Trevor, these additional costs land in one place and one place only right now, and that's on the ratepayer, that's on the customer. 35:56 Trevor Freeman: And it's that double cost of the additional time and effort necessary as well as delaying whatever kind of economic activity the customer might be waiting for, which kind of ties into my next question here of we're seeing more and more—and this has always been the case but maybe it's just a little bit more on the forefront now—the importance of energy for economic development, for attracting investment and business. And that's true in our service territory absolutely as well as others. So, supply chain challenges have cropped up in the last little while and are getting into the mix and causing some of those delays. In order to move forward, what can the federal government do to bolster supply chains? Is it bringing more things domestically? Are there other tools that they have at their disposal? How do we go about addressing the supply chain challenge? 36:52 Francis Bradley: Yeah, and this is a real issue—as you know from your perch at Hydro Ottawa—it's a challenge for even a company such as yours and it's right across the sector. The delays and the time that it takes to get into the queue to get particularly for large pieces of equipment, but even for some of the smaller stuff, is simply becoming more and more challenging. We thought it was a COVID-19 blip, but it wasn't, right? I mean, it is continuing, it is persisting six years later; the supply chains remain as challenged as they were, probably even more so. I mean, a couple of years ago we saw a ship get stuck sideways in the Suez Canal and it affected supply chains for every sector right across the globe. 37:46 Francis Bradley: So yeah, you know, we need to be addressing this. So what we're proposing is we look at the establishment of what we're calling a Canadian Electricity Supply Chain Roadmap. This, done in partnership with the federal government, electricity companies, suppliers, and so on—everybody that's got a stake in this—to take a more systematic and collaborative and cooperative approach to addressing supply chains, and come together to identify those opportunities to do some of the things that you mentioned. You know, what about domestic production on some of these things? What about domestic production in those areas where we've got the potential for exports as well? So that would be potentially not only an ability to address a supply chain issue, but also to look at economic opportunities for Canadian businesses. 38:43 Francis Bradley: And can we look at leveraging some of the existing tools that we've got and repurpose them so that they are focused on addressing what would be identified as needing to be in that supply chain roadmap? Let's leverage tools such as tax credits, Business Development Canada, Export Development Canada, the Canada Growth Fund. So, you know, it'd be interesting if there were other venues and other opportunities, but we have existing tools; we're just not, I think, focusing them directly and specifically with respect to the supply chain requirements for the electricity sector and we should be looking at doing that. And you know, the challenges—I've spent time with the steel producers, for example—it is fascinating to try and get a sense of what those challenges are for the partners that we've got, whether it's steel or aluminum or finished products or transformers; it is endlessly complex, evolving, and so you know, we really do think developing some kind of a clear roadmap with all of the stakeholders would benefit the sector as a whole. 39:56 Trevor Freeman: Yeah, I mean certainly those challenges are ubiquitous across multiple sectors, and I think the one thing that we do find is when we bring up the challenges we're having with our customers or potential customers, they all get it, it's not a surprise. They don't sit there kind of surprised to hear that oh, it's going to take us this much time to bring in that transformer because they're going through some of those same challenges and I think the need is cross-cutting to address it. Another input, of course, into any sector and certainly the electricity industry is just the human capital required—the skilled labor required on the design side, on the construction side. Your report recommends establishing a Federal Industry Workforce Advisory Council. What would the priority be for that council and how do you help the utility industry compete against other industries that are also out there kind of participating in this war on talent trying to get the best and brightest into their sectors? 41:03 Francis Bradley: Yeah, no, I mean it is definitely a challenge. It's something that we've been addressing for, geez, probably two decades now at the association. We helped establish Electricity Human Resources Canada back in the day; it was spun off from some of our activities we'd done previously. So, you know, this is an area that we've been particularly concerned about in the sector for, well, as I say, you know, 20 years, it's been a generation that we've seen this challenge coming and we know it's on its way. 41:38 Francis Bradley: We are seeing, I think, some very good work in this space—I did mention Electricity Human Resources Canada; they do some terrific work, they are absolutely a critical stakeholder, increasingly a thought leader in this space. But you know, as you note, we have a very specific ask in our State of the Industry and that is getting the federal government to pull together a senior-level advisory committee with representatives from industry associations, from unions, from training providers, from the sector as a whole, to discuss these emerging labor market issues, to review the forecasts. 42:18 Francis Bradley: They need to address strategies, and so the mandate needs to be very specific: ongoing review, monitoring, and improvement of our workforce mechanisms to ensure that they remain adaptive and responsive to labor market realities. And so, this is not something that the sector and the electricity companies themselves control; this is something that requires the collaboration and participation of governments with respect to the policies that they bring forward, with unions, and with the training providers. 42:55 Trevor Freeman: Yeah, and as we look at sort of that next generation—you talk about this being a generational challenge—it's one thing to attract the skilled workers of today, it's another to bring up and build those skill sets. We talk about that a lot on the show about how we kind of need to build those skill sets. So, a bit of a platform for you here: why should someone consider that career in the electricity industry? What's the hook? What's the thing that you would convince them to come? I kind of know what my pitch is, but I'm curious to hear what yours is. 43:29 Francis Bradley: All right. Well, listen, I mean, like, sort of on the first piece, you know, I think this is where the adaptive and responsive comes into play. That advisory council I talked about I think would be able to recommend how we adjust and how we adapt our programs to further, you know, promote the sector. But why would I recommend somebody in this sector, and who would I begin with? Absolutely. 43:56 Francis Bradley: I mean, first off, I mean, this is a sector where we're going to see massive growth. We know that it is coming; we know that we're going to see a doubling of demand out to 2050. And so, with that massive growth, the prospects for skilled trades, the prospects for anybody in this sector is very bright. 44:21 Francis Bradley: And you know, one of the other things as well that I'd like to point out is we hear a lot of talk about how AI is going to massively change the workforce of the future. But when we're talking about skilled trades, you know, AI can do a lot of things, but ChatGPT is never going to be able to climb a pole, swing a hammer, or install an insulator. So, you know, not only is this a sector where the growth is going to be very significant over the next 25 years, it's also one where we know we actually need people to do these things. 44:54 Francis Bradley: And these are, you know, for a certain type of person, this is really cool and interesting stuff. So, you know, whether it is in the skilled trades or people in the technologies, this is a sector that has some really interesting, fascinating career choices and they're ones that, you know, the ChatGPT is not going to be taking away from you. 45:18 Trevor Freeman: Yeah, and it is this—the sector is evolving, it's innovating, it's changing, but to your point, we still need that traditional infrastructure. We need that growth, there will be more poles and wires, there will be cooler technology to work on, but we still need folks to install them. And something that I tell people that are interested—you know, a lot of younger folks coming up are really passionate about the environment, climate change—this is a great sector for that. This is a great spot to focus on that; the electricity industry is the, you know, tip of the spear when it comes to addressing climate change—electricity is the solution. 46:01 Francis Bradley: And it will continue to be so well into the future. Yeah, no, absolutely couldn't agree more. 46:07 Trevor Freeman: So, pivoting then to climate change, and we're seeing we've talked here a couple times about the increase in severe weather events, you know, wildfires in parts of the country. Utilities are facing this challenge of not only meeting growing demand but also meeting it in a harsher environment—I think there's no better way to say it—our grid needs to be more resilient and people are relying on it even more. What are some of the recommendations that you've identified on how utilities adapt to this changing world and become more resilient? 46:46 Francis Bradley: Yeah, well, you know, you're right, the conditions, the extreme weather that we're facing is not something that's going to go away. I find it interesting that I think every six months we add something new to the lexicon to try and just describe how crazy the weather has gotten—you know, like atmospheric rivers and heat domes and... 47:09 Trevor Freeman: Derecho! 47:11 Francis Bradley: Yeah, right, like when did we—I never heard of a derecho until it ripped through, I don't know, how many thousands of poles it tore up through Ottawa. Exactly. So, you know, this stuff is real and it's evolving. 47:25 Francis Bradley: And so, yeah, what are we proposing? We've kind of got three big asks in this area. The first one is we need to do a review of those federal and provincial legal frameworks. Do we have the appropriate protections related to industry-caused ignitions as we say? So, you know, if inadvertent but there is a spark from infrastructure that causes, for example, a fire, you know, do we actually have legal frameworks that can address this in a way that doesn't simply go in and bankrupt a company as happened in California? So we're supporting work in this space. 48:06 Francis Bradley: Second, we want to establish formal coordination mechanisms between our sector and—it may sound a little esoteric for us sitting here in downtown Ottawa—but Parks Canada, to address vegetation management on federal lands. There is a lot of federal land particularly, for example, in the Rockies, but not exclusively; there's lots of other parts of this country where there's vast swaths of land that is owned by Parks Canada that our infrastructure transits through, and so we need better coordination mechanisms. And we saw that frankly with respect to the fire in Jasper a couple of years ago that we could and need to do a lot better in terms of our coordination. 48:54 Francis Bradley: And then finally, we're suggesting looking at a resiliency tax credit or some kind of a targeted funding program to support weather hardening of electricity infrastructure, to protect the system from growing exposure to extreme weather. To cover off all of those things, whether it's wildfires or ice storms or windstorms or floods or tornadoes. You know, again, it kind of comes back to that concept of this is core infrastructure; there are some things that actually should be tax-supported, and weather hardening of our core infrastructure is something that we should be thinking about. Is that should be on the bills of customers, or is that something that as a country we need to address? 49:43 Trevor Freeman: Great. So Francis, as we wrap up our conversation here—you know, if we go to the end of your State of the Industry report, you've got 18 recommendations. We're not going to go through each one individually. Is there one that rises above the rest, or let me put this a different way: if you could sum up or distill this kind of entire report into a key takeaway or a key action item, what would that be? How do you kind of wrap all this up in a bow, which I know is a difficult thing to do for such a comprehensive report as this? 50:23 Francis Bradley: Right. So, you're actually asking two questions there: is there one I want to point out or and what's the wrap-up? I mean, if there was one thing of those 18 that I'd say, "Please in the next 12 months, for goodness' sake, at least do this one thing," it would be reforming the Fisheries Act, and I mentioned that earlier. Because right now, it focuses on individual fish as opposed to the impact on fish populations. So, that's one if I wanted one that I think should be fairly easy to address and to move forward with, it would be that one, which I think was number two on the list. 51:03 Francis Bradley: But you know, of all of the 18, they're all about "can we get our stuff built?" and "can we get it done in a timely manner because the customer is counting on us?" So, you know, if one of those encapsulates that, I would say it's probably the first one, which, though talks, specifically to this two-year federal approval timeline. Thematically, what it's all about is we have to move and we have to move quickly, but we have to do it in a collaborative manner. 51:35 Francis Bradley: But you know, in the end here, what we're talking about is demand is going to double in the next 25 years. We need to invest $2 trillion. So let's do this in a manner that is sustainable and enduring, so not piecemeal, not piece by piece. So that kind of brings me back full circle to the very beginning of this report: "Forging Canada's Electricity Future." Forging is to create something strong and lasting through effort. And so I think thematically it's "let's build sustainably and in an enduring manner and not piecemeal". So, let's forge. 52:13 Trevor Freeman: I had planned on wrapping this up with inviting you back on the show a year from now to kind of talk about where we go, but you've recently announced that you're retiring soon—the next sort of few months are going to be wrapping up your time at Electricity Canada. So first of all, congratulations on that. 52:32 Francis Bradley: Thank you. 52:33 Trevor Freeman: The invitation stands, so you're welcome to come back out of retirement to come on the show and check in with where we are, and so the invitation will remain open. 52:43 Francis Bradley: Well, and as you know, I do a podcast, and I may continue to do my podcast on the future of electricity beyond that. Remains to be seen. 52:54 Trevor Freeman: That's great. Well, I hope that on your show, on this show, we'll be able to talk through how some of these things that we're discussing now, how they've been implemented, how they've actually moved forward and we're able to see some results in that. Francis, thanks so much for coming on the show. Always appreciate your insight and appreciate you being here and looking forward to chatting again soon. 53:18 Francis Bradley: Awesome, always great to chat. Thanks for the invitation. 53:21 Trevor Freeman: Take care. 53:26 Trevor Freeman: Thanks for tuning in to another episode of the Think Energy podcast. Don't forget to subscribe wherever you listen to podcasts and it would be great if you could leave us a review—it really helps us to spread the word. As always, we would love to hear from you, whether it's feedback, comments, or an idea for a show or a guest. You can always reach us at thinkenergy@hydroottawa.com.

Preview for Later Today: Edmund Fitton-Brown compares the Strait of Hormuz and Bab el-Mandeb maritime choke points. He notes the Red Sea's accessibility via the Suez Canal and the varying capabilities of regional threats like the Houthis. (2)1869 SUEZ CANAL

After the French project to build a canal through Panama collapses in 1889 amidst disease and financial scandal, US President Teddy Roosevelt resolves to pick up where they left off. However, powerful interests in Washington are aggressively lobbying for a different route – not through Panama, but Nicaragua. As debate rages and backdoor deals are made, Panama becomes a lightning rod for controversy…and revolution.    SOURCES: Burton, Anthony. The Canal Pioneers: Canal Construction from 2500 BC to the Early 20th Century. Barnsley, UK: Pen & Sword Maritime, 2018. Charles River Editors. The Panama Canal: The Construction and History of the Waterway Between the Atlantic and Pacific Oceans. CreateSpace Independent Publishing, 2013. Diaz Espino, Ovidio. How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal. New York: Four Walls Eight Windows, 2003. Greene, Julie. The Canal Builders: Making America's Empire at the Panama Canal. New York: Penguin Press, 2009. Karabell, Zachary. Parting the Desert: The Creation of the Suez Canal. New York: Alfred A. Knopf, 2003. Keller, Ulrich. The Building of the Panama Canal in Historic Photographs. New York: Dover Publications, 1983. Lasso, Marixa. Erased: The Untold Story of the Panama Canal. Cambridge, MA: Harvard University Press, 2019. Lindsay, John. Emperors in the Jungle: The Hidden History of the U.S. in Panama. 2003. Lopez, Sean J. Chokepoint: The Epic History of the Suez Canal. New Haven, CT: Yale University Press, 2024. Marlowe, Elias. A History of Panama: Canal, Conquest, and Independence. Albuquerque: University of New Mexico Press, 2012. McCullough, David. The Path Between the Seas: The Creation of the Panama Canal, 1870–1914. New York: Simon & Schuster, 1977. Morton, Levi P. “No. 105. Mr. Morton to Mr. Frelinghuysen.” Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the President, December 1, 1884, U.S. Department of State Office of the Historian, 5 July 1884,https://history.state.gov/historicaldocuments/frus1884/d105 Parker, Matthew. Panama Fever: The Epic Story of the Building of the Panama Canal. New York: Doubleday, 2007. Learn more about your ad choices. Visit megaphone.fm/adchoices

Subscribe now for early access, ad-free listening, and bonus content! Great Britain, France, and Israel's secret plan in 1956 to invade Egypt, regain control of the Suez Canal, and force the nationalist strongman Gamal Nasser from power ended in strategic disaster. The Eisenhower administration angrily opposed the surprise attack and pressured the aggressors to withdraw, ensuring Egypt would maintain control of the vital waterway. Today, as the U.S. fights a war of choice against Iran with no easy way to reopen the Strait of Hormuz, some believe the United States is experiencing its own 'Suez moment,' which will accelerate its strategic decline in a region where so many American projects have failed. Historian Salim Yaqub is our guest. Salim Yaqub is a historian at U.C. Santa Barbara and an expert on U.S. involvement in the Middle East in the postwar era. He's the author of "Containing Arab Nationalism: The Eisenhower Doctrine and the Middle East."

**Binge to the entire series ad-free by joining the Empire Club at empirepoduk.com** How did the oil crisis totally transform the wealth of the Gulf states and alter the power balance of the Middle East? Who was Egypt's underrated president, Sadat? How did water cannons destroy Israel's seemingly impenetrable defenses along the Suez Canal in 1973? In Episode 5 of our series on the Arab-Israeli Conflict of 1967-1982, William and Anita discuss the shocking events of the Yom Kippur War and the first time that oil prices were used as a weapon of war. Sign up and get 10% off at BetterHelp.com/EMPIRE. Join the Empire Club: Unlock the full Empire experience – with bonus episodes, ad-free listening, early access to miniseries and live show tickets, exclusive book discounts, a members-only newsletter, and access to our private Discord chatroom. Sign up directly at empirepoduk.com  For more Goalhanger Podcasts, head to www.goalhanger.com. Email: empire@goalhanger.com Instagram: @empirepoduk Blue Sky: @empirepoduk X: @empirepoduk Assistant Producer: Imogen Marriott Editor: James Clayden Social Producer: Charlie Johnson Producer: Anouska Lewis Executive Producer: Dom Johnson Learn more about your ad choices. Visit podcastchoices.com/adchoices

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   In this episode, Justin interviews Anderson Kill Shareholder Joshua Gold on the May 5th RISKWORLD session that Joshua is co-presenting with RIMS Past President Lance Ewing, "Do Not Let Your Cargo Claim Go Down with the Ship: Tips to Improve Marine Insurance Protection." Joshua shares knowledge on two of his areas of practice, cyber and maritime insurance. Joshua offers some insight into these newest and oldest of practice areas, and how they have begun to intersect. Maritime insurance carries special language and rules, and Joshua and Lance will cover those and answer attendee questions in their session. Justin and Joshua discuss current maritime threats in the Middle East that will likely be discussed in the session. Justin and Joshua comment on Law Day, an annual commemoration of law on May 1st. Listen for a greater understanding of maritime shipping insurance and the importance of promptly filing claims.   Key Takeaways: [:01] About RIMS and RIMScast. [:14] Public registration is open for RISKWORLD 2026, which will be held from May 3rd through 6th in Philadelphia. Visit RIMS.org/RISKWORLD to register. [:27] About this episode of RIMScast. We will be joined by RIMS Risk Management Magazine contributor Joshua Gold, Shareholder at Anderson Kill. He's making his RIMScast debut to discuss Marine and Cargo Risk. This is timely. But first… [:59] RIMS Virtual Workshops. The next RIMS-CRMP Exam Prep Course will be on April 21st and 22nd, and then again on June 9th and 10th. Registration links are in this episode's notes. [1:13] On April 15th, we have a virtual workshop covering "Emerging Risks", led by Joseph Mayo. Register today and strengthen your risk knowledge. RIMS members always enjoy deep discounts on the virtual workshops. [1:30] Webinars. On April 16th, Zurich and World Travel Protection will present "Navigating the New Global Risk Landscape: Lessons for Business Travelers in Unstable Times". Register for webinars at RIMS.org/webinars and through the links in this episode's show notes. [1:48] Folks, for more RIMS content, head over to YouTube and subscribe to @RIMSOfficialChannel. There you will find video podcasts, RIMScast Canada video podcasts, and other informative and entertaining content from RIMS. [2:03] Head over to RMMagazine.com for the Q1 Edition of the Azbee-Award-winning magazine, RIMS Risk Management Magazine. [2:15] On with the Show! Our guest today is a shareholder at the law firm Anderson Kill. You've seen his byline in RIMS Risk Management Magazine, and you've seen him on RIMS stages regionally, nationally, and globally. [2:30] Joshua Gold is here to discuss marine and cargo risks generally, and how he will be co-presenting a session at RISKWORLD on May 5th, called "Do Not Let Your Cargo Claim Go Down with the Ship: Tips to Improve Marine Insurance Protection." [2:50] He will present that alongside RIMS Past President Lance Ewing. We expect that session to be highly attended. Joshua is here to give you a preview of that session, talk about how cyber can intersect with marine and cargo risk, and offer some practical risk management takeaways. [3:11] Law Day is coming up in the U.S. on May 1st. Joshua has been practicing law for three decades. We'll find out what Law Day means to him in 2026. Let's get to it! [3:24] Interview! Anderson Kill Shareholder Joshua Gold, welcome to RIMScast! [3:51] Joshua says RIMS is an amazing system for sharing information and education. Joshua couldn't be prouder to be speaking at RISKWORLD 2026. [4:13] Joshua has written for RIMS on topics from cyber to marine insurance. Joshua thinks that cyber risk management is fascinating because cyber is new for many policyholders, in terms of implications, perils, how insurance will respond, and what the products are. [5:15] It's fascinating to see the intersection of technology, insurance, and law. It all comes together in cyber. These perils may be getting more perilous over the next few years before we may start turning the corner. [6:00] Joshua's session on May 5th at RISKWORLD is called "Do Not Let Your Cargo Claim Go Down with the Ship: Tips to Improve Marine Insurance Protection." Joshua will present with former RIMS President Lance Ewing. [6:17] Joshua says he is in both the newest thing in insurance and law, cyber, and the oldest thing in insurance and law, marine. Most of his day-to-day focus is on either end of the spectrum. [7:16] As much as Joahua loves cyber, he is intrigued with maritime insurance and maritime law. It's esoteric and old. It has special rules. If you don't deal with this type of insurance and law regularly, it can be challenging. [7:46] The insurance companies are typically very well-versed in the insurance rules and doctrines. Most policyholders are much less so. There's an information imbalance. [8:00] Joshua always looks forward to educating risk managers about this area. It's so detailed and different. Some might say it's antiquated. It's a challenging area, and we couldn't have a better example of that than with recent current events and hostilities in the Middle East. [8:42] Joshua says, as dangerous and harrowing as the situation exists in certain shipping lines and energy channels, we've seen examples of disruptions in recent times with drought conditions affecting the Panama Canal and other shipping lanes. [9:02] Joshua recalls the Suez Canal freighter mishap. The Suez Canal was shut down while an international engineering effort was launched to free the freighter and free up shipping lanes. [9:29] The current shipping disruption caused by an escalating war will present real challenges for both shippers and energy markets. We're watching that in real time. [9:54] Joshua and Lance don't want a current events discussion. They want to educate policyholders on principles that apply, whether they're dealing with a Suez Canal situation, an Iranian conflict, modern-day pirates in open water, or thieves breaking into your warehouse. [10:37] Joshua and Lance will emphasize certain relevant points like detours, delays in shipping, downstream risk, risk to certain types of cargo, cancellations for war risk coverage, and other marine insurance products. [11:06] There can be a real aftermath, and we're not sure where we are, as of this recording. We'll know more in May at RISKWORLD in Philadelphia. Now, we can only brace for the worst. [11:32] Joshua and Lance are looking to educate policyholders on all of these issues, including ones that will be front-burner, given the hostilities now. [11:52] Joshua says marine insurance policy language is cloaked in words of antiquity. Sometimes you'll see a marine policy that looks like a standard property all-risk policy, and sometimes you'll see one that contains 17th-century nautical and piracy terms. [12:32] It's important to make sure that you understand the rights, protections, obligations, and contingencies under insurance. [12:48] Most marine insurance policies will have a one-year provision the insurance company will argue says that if there's a fight over the claim payment, the amount, or the timing of the payment, that has to be brought in a lawsuit commenced within 12 months of the loss event. [13:14] For people who have never had to go through a complicated claim, a year may sound like plenty of time. But these claims can take months or even years for resolution. Sometimes they don't get resolved without some coverage litigation or alternative dispute mechanism. [13:43] Most policyholders are not accustomed to seeing a one-year contractual statute of limitations to bring a fight. You don't want to be in a position where the insurance company will argue you may have forfeited your coverage rights if you didn't act in time. [14:11] Policyholders may not ever get into that realm, because they've never had that problem, but it's a point of being educated and knowing the lay of the land for policyholders in this arena, insuring goods over open water, in warehouses, on docks, or on a truck. [14:58] A Quick Break! RISKWORLD 2026 will be held from May 3rd through the 6th in Philadelphia, Pennsylvania. RISKWORLD attracts more than 10,000 risk professionals from across the globe. It's time to Connect, Cultivate, and Collaborate with them. [15:18] Booth sales are open now. General registration and speaker registration are also open right now. Marketplace and hospitality badges are now available. Links are in this episode's show notes, and be sure to check out RIMS.org for more information. [15:36] Our guest today, Joshua Gold, will be one of the session speakers at RISKWORLD. We are excited for him and also for our just-announced closing keynote, NFL Hall of Famer, Super Bowl Champion, Emmy-winning broadcaster, and entrepreneur, Michael Strahan. [15:55] Michael Strahan will be on the main stage on May 6th. Justin is super stoked! If you're still on the fence, this is a fine time to smash that Register button and hear from one of the all-time greats. [16:07] The RIMS Western Regional Conference will be held from October 4th through the 7th in Seattle, Washington. Registration is open, and you can also submit a session. Visit RIMSWesternRegional.com and the link in this episode's show notes for more information. [16:28] Let's Return to Our Interview with Joshua Gold of Anderson Kill!  [16:44] Joshua says don't get fooled by the title of your insurance policy. The devil is in the details. You may have Ocean Marine Cargo Coverage, but you may get endorsements, like a warehouse-to-warehouse endorsement. [17:15] You may be buying a product called Stock Throughput. You're looking for coverages that may apply not just for cargo on a ship, but also for cargo that may be at rest, stored in a warehouse where it's being loaded from the ship onto the dockside. [17:48] There are many areas where you have to be aware of things developing in the marketplace and the fact that your insurance may now carry on well beyond the vessel's hull. [18:05] There's another area of marine liability coverage which may be implicated, given the hostilities in the Straits of Hormuz and perhaps elsewhere, and the escalating nature of the conflict in the Middle East, so we will have to see how that plays out. [18:31] Joshua always recommends that policyholders work with experienced insurance brokers. [18:39] Joshua says it is a privilege to give this discussion in May with Lance Ewing, a seasoned risk manager who has worked on the brokerage side and the insurance company side, as well as the risk manager policyholder side, so he has every perspective. [19:04] One of the things they will do at RISKWORLD is to make sure that not only do you hear from a coverage lawyer, but also from a risk manager, like most of the audience, who can speak to risk managers about what is important to their risk management approaches. [19:34] They hope that that's going to be useful for audience members even if they're not in the same industry as Lance. Justin points out that one never knows where they might end up next. This is a great way to become more well-rounded. [20:08] When evaluating marine cargo policies, you always want to look at the warehouse-to-warehouse endorsement. Find a broker that's well-steeped in marine cargo coverage. They can often customize endorsements that are important to your business. [20:51] If you're transporting goods that are capable of being spoiled or have to be refrigerated, or have to be in the hull of the ship, protected from the elements, those issues can come up through endorsement, special policy provisions covering temperature-controlled goods. [21:22] Joshua mentions that electronics may require being flown as air cargo. You want a system with customized coverage wherever you can get it. The broker knows that Lloyd's Marine Group has an example of an endorsement that covers a certain type of peril or cargo. [22:06] You might have a provision in your policy as part of a base form, but you might want fraudulent bills of lading coverage. There is now a technology overlap with shipping, an intersection between cyber and marine. [22:54] Some countries are GPS spoofing to confuse ships, which can be fatal if a ship goes into rocks or a bank in bad weather. This has implications, as we are seeing insurance companies slap onto marine products some type of cyber exclusion. [23:37] You'll want to know that just because technology had a role in the loss, you're not forfeiting all of your coverage. Joshua says we're certainly seeing it with piracy claims and theft claims. We're seeing it on the roadways. Truckers are getting more and more targeted. [23:58] A truck leaves a warehouse with goods that have been shipped on an overseas voyage, and there's an argument potentially that you've got federal maritime law applying in admiralty. What are the implications for coverage even though it's now inland on a train or truck? [24:23] We're seeing more cargo theft in the realm of trucking, in addition to stuff missing at the dock and warehouses being broken into. It's a perilous situation for those dealing with cargo. [24:43] Another Quick Break! The Spencer Educational Foundation's Risk Manager on Campus application period will open on April 1st, 2026, and it will close on June 30th. Grant awardees, colleges, and universities are typically notified in September. [25:04] The Course Development Grant application deadline for Interval Number 2 will be on June 15th, 2026. Award notifications will be sent out in late July. [25:19] General Grant applications will open on May 1st, 2026, and the application deadline is July 30th. Internship Grant applications open on August 15th and close on October 15th. [25:31] Links to each of these grants are in this episode's show notes. Visit SpencerEd.org for more information. [25:39] Let's Conclude Our Interview with Joshua Gold of Anderson Kill! [25:48] Josh Gold will be presenting a special session on May 5th at RISKWORLD, called "Do Not Let Your Cargo Claim Go Down with the Ship: Tips to Improve Marine Insurance Protection." He'll be co-presenting with RIMS Past President Lance Ewing. [26:13] Justin says if he were in the audience for that session, he would ask what the critical steps are that risk professionals should take immediately after a cargo loss to preserve their coverage rights. [26:39] Joshua says the first step always is to give prompt notice. It complicates matters if the insurance company can argue that the notice was untimely. The first thing is, get the notice in. You won't have all the information. Notice is unlike wine; it doesn't get better with age. [27:17] Give that prompt notice first. Then support your claim. As quickly as you can, gather photographs, video evidence, and documentary evidence, and give as much as you possibly can to the insurance company. Let that claims process unfold promptly. [27:43] You don't want the insurance company delaying payment because they say they didn't get the information they needed to process the claim. Try to give them that information. [27:59] Joshua says you can absolutely add more documentation. You can start by saying this is what we know now, and we reserve the right to supplement this information when we learn more about our loss. [29:03] There are surely deadlines built into your policies. Go through your policy and calendar dates for proof of loss, statement of loss, and getting certain claim information in. Put those benchmarks in the calendar and hit them as often as you can. [29:45] Joshua says with a cyber claim, there's no reason to hold back because you're incurring costs from the start with your forensic team and your breach coach. With cargo, Joshua says, I would give notice as quickly as you can, even if it's not as robust as anyone would like. [30:13] Get notice off as soon as possible. Enlist your broker's help as quickly as you can. If you have the information, get your insurance policy out, look at the notice provisions, and call your broker. Brokers are a great way to submit insurance claim information. [30:58] The broker should be helping guide you. You've already paid their commission. Enlist their help at the outset. [31:07] Justin asks if risk professionals need to tell executive leadership immediately. Joshua says there should be a dialogue. He appreciates the systematic and scientific risk management approach RIMS brings and the recognition that risk management is getting from the C-Suite. [31:48] Not every risk manager is at the C-Suite level, but they can communicate with the Treasurer, the CFO, or the Law Department, depending on the organization. Internal communications are important. [32:11] Include the Law Department in communications, to ensure that privilege is protected and conversations are not being exploited if there's a conflict over the coverage. Depending on the importance of the potential loss, the COO and the CEO may need to be involved. [32:53] Justin wants the RISKWORLD attendees to ask questions. Joshua and Lance have built time in during the session for questions. They love to take questions on the fly. They believe that if they spend half of the time in a dialogue with the audience, that is time very well spent. [33:50] Joshua has been practicing law for 31 years and has been with Anderson Kill in the New York office for almost 31 years, specializing in insurance coverage trade. [34:18] Justin notes that Law Day is an annual commemoration held on May 1st to celebrate the rule of law and cultivate a deeper understanding of the legal system. Joshua says we're always happy to get some kind of positive acknowledgment, accolades, recognition, and a special day. [35:20] This year's theme is "The Rule of Law and the American Dream." The idea that no person is above the law is what ensures the rights of the people to live their lives as freely as possible and to pursue their dreams. Joshua is a full supporter of that doctrine. [35:40] It has been such a pleasure to see you again. You are a regular contributor to RIMS Risk Management Magazine. We have links to some of your articles in this episode's show notes. We're going to see you on May 5th at RISKWORLD in Philadelphia. See links in the show notes. [36:03] Joshua's last words: Please show up on Cinco de Mayo, we're speaking on the afternoon of May 5th. We'd love to see you then in Philadelphia at RISKWORLD. Lance and I are looking forward to hearing your questions and talking about marine cargo and what's going on then. [36:26] Justin says, You've always been very supportive of me and of RIMS. I remember very clearly that somebody dropped out of a cyber panel, and you and Bill Passannante stepped right in for us, so I've always felt a strong connection to you and the professionals at Anderson Kill. [36:57] Special thanks again to Anderson Kill Shareholder Joshua Gold for joining us here on RIMScast. I have links to his contributions to RIMS Risk Management Magazine in this episode's show notes. [37:10] If you will be at RISKWORLD, remember to attend his session on May 5th at 3:30 p.m. on the Global Stage. It is called "Do Not Let Your Cargo Claim Go Down with the Ship: Tips to Improve Marine Insurance Protection." [37:24] It will be co-presented with RIMS Past President Lance Ewing. Register at RIMS.org/RISKWORLD today! [37:32] Plug Time! You can sponsor a RIMScast episode for this, our weekly show, or a dedicated episode. Links to sponsored episodes are in the show notes. [38:00] RIMScast has a global audience of risk and insurance professionals, legal professionals, students, business leaders, C-Suite executives, and more. Let's collaborate and help you reach them! Contact pd@rims.org for more information. [38:18] Become a RIMS member and get access to the tools, thought leadership, and network you need to succeed. Visit RIMS.org/membership or email membershipdept@RIMS.org for more information. [38:36] Risk Knowledge is the RIMS searchable content library that provides relevant information for today's risk professionals. Materials include RIMS executive reports, survey findings, contributed articles, industry research, benchmarking data, and more. [38:52] For the best reporting on the profession of risk management, read Risk Management Magazine at RMMagazine.com. It is written and published by the best minds in risk management. [39:07] Justin Smulison is the Business Content Manager at RIMS. Please remember to subscribe to RIMScast on your favorite podcasting app. You can email us at Content@RIMS.org. [39:19] Practice good risk management, stay safe, and thank you again for your continuous support!   Links: RISKWORLD 2026 Registration — Open for exhibitors, members, and non-members! Reserve your booth at RISKWORLD 2026! More from Joshua Gold in RIMS Risk Management Magazine Spencer Educational Foundation — Scholarships and Grants | Open Calls and Timelines. RIMS-CRO Certificate Program In Advanced Enterprise Risk Management | April‒June 2026 Cohort | Led by James Lam RIMS Western Regional Conference — Oct. 4‒7, 2026 | Seattle, WA | Register Today and Submit an Educational Session! RIMS Risk Management Magazine | Contribute RIMS Now RIMS-Certified Risk Management Professional (RIMS-CRMP) | Insights Video Series Featuring Joe Milan! The Strategic and Enterprise Risk Center RIMS Diversity Equity Inclusion Council RIMS-CRMP Story, featuring John Button RIMScast Canada — Episodes Now Live RISK PAC | RIMS Advocacy Upcoming RIMS-CRMP Prep Virtual Workshops: RIMS-CRMP Exam PrepApril 21‒22, 2026 | June 9‒10 Full RIMS-CRMP Prep Course Schedule See the full calendar of RIMS Virtual Workshops Claims Management | April 7‒8 "Emerging Risks" | April 15 | Register Now! Upcoming RIMS Webinars: "Navigating the New Global Risk Landscape: Lessons for Business Travelers in Unstable Times" | April 16 | Presented by Zurich and World Travel Protection RIMS.org/Webinars   Related RIMScast Episodes: "RIMS 2022 Goodell Award Winner Lance Ewing" "World Water Day and the Circular Water Economy with Ralph Exton of WEF" "Supply Chain Integrity and Sustainability with Nicole Sherwin of EcoVadis" "Navigating Shipping Risks in 2022 with Capt. Rahul Khanna"   Sponsored RIMScast Episodes: "Secondary Perils, Major Risks: The New Face of Weather-Related Challenges" | Sponsored by AXA XL (New!) "The ART of Risk: Rethinking Risk Through Insight, Design, and Innovation" | Sponsored by Alliant "Mastering ERM: Leveraging Internal and External Risk Factors" | Sponsored by Diligent "Cyberrisk: Preparing Beyond 2025" | Sponsored by Alliant "The New Reality of Risk Engineering: From Code Compliance to Resilience" | Sponsored by AXA XL "Change Management: AI's Role in Loss Control and Property Insurance" | Sponsored by Global Risk Consultants, a TÜV SÜD Company "Demystifying Multinational Fronting Insurance Programs" | Sponsored by Zurich "Understanding Third-Party Litigation Funding" | Sponsored by Zurich "What Risk Managers Can Learn From School Shootings" | Sponsored by Merrill Herzog "Simplifying the Challenges of OSHA Recordkeeping" | Sponsored by Medcor "How Insurance Builds Resilience Against An Active Assailant Attack" | Sponsored by Merrill Herzog "Third-Party and Cyber Risk Management Tips" | Sponsored by Alliant   RIMS Publications, Content, and Links: RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community! RIMS Virtual Workshops On-Demand Webinars RIMS-Certified Risk Management Professional (RIMS-CRMP) RISK PAC | RIMS Advocacy RIMS Strategic & Enterprise Risk Center RIMS-CRMP Stories — Featuring RIMS President Manny Padilla!   RIMS Events, Education, and Services: RIMS Risk Maturity Model®   Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.   Want to Learn More? Keep up with the podcast on RIMS.org, and listen on Spotify and Apple Podcasts.   Have a question or suggestion? Email: Content@rims.org.   Join the Conversation! Follow @RIMSorg on Facebook, Twitter, and LinkedIn.   About our guest: Joshua Gold, Anderson Kill Shareholder, Anderson Kill   Production and engineering provided by Podfly.

"God does not listen to the prayers of those who wage war. He rejects them." When the Pope issues a direct condemnation of a sitting U.S. Defense Secretary, we aren't just talking about policy failure — we're talking moral apocalypse. Pete Hegseth isn't just running a war; he's leading a Middle Eastern crusade, complete with his "Deus Vult" ink to prove it. But what happens when the "Holy War" you've been praying for finally arrives, and you're losing? In this episode, we expose the rot that is Christian Nationalism. The Vatican's Rebuke: Why Pope Leo just stripped the moral cover off Hegseth's "Operation Epic Fury." ⛪ The "Deus Vult" Pentagon: Inside Hegseth's Christian Nationalist monthly prayer service and the "Christian-based culture" being forced on our military in violation of the First Amendment.

Global oil prices have continued to surge after Yemen's Houthi rebels entered the Middle East war, launching attacks on Israeli targets. The Iran-allied militants had previously attacked commercial ships passing through Bab-el-Mandeb, a maritime chokepoint between the Red Sea and the Gulf of Aden, during Israel's war with Hamas. The weekend events have stoked fears of wider disruption to the global energy and goods trade as the strait is crucial for shipping between Europe and Asia via the Suez Canal. 

The Gulf states, rather than Iran, may shape the next phase of the war. With Yemen's Houthi rebels entering the war and threatening to close Bab al Mandab, the crucial waterway that links the Suez Canal with the Indian Ocean, Saudi Arabia, alongside the United Arab Emirates, may feel that their defensive posture is no longer sustainable. If so, the Gulf states, rather than the United States and Israel, could emerge as the players capable of forcing Iran to rethink its strategy of attempting to increase pressure on US President Donald Trump to negotiate an end to the war that does not involve the Islamic Republic's surrender.

Estimates are that $200B of goods have already been diverted away from the region surrounding Yemen in the Gulf of Aden and the Red Sea. The disruptions in travel through the Suez Canal have cascading effects that are felt worldwide, as it puts additional pressure on the supply chain.There is fear of an event drawing Iran into some kind of conflict in the region, which would see the Straight of Hormuz come under the watchful eye of the Iranian government, further adding to shipping issues impacting the oil and LNG exports coming out of that geographic region.It is also worth noting that the expansion of BRICS into this region works to solidify China's connections through the Belt & Road Initiative, while also locking down and securing the shipping lanes to make sure that the oil can continue to leave the region through the Persian Gulf and the Red Sea.—Video ChannelsWatch the video version of Macroaggressions:Rumble: https://rumble.com/c/Macroaggressions YouTube: https://www.youtube.com/@MacroaggressionsPodcastBrighteon: https://www.brighteon.com/channels/macroaggressions/—MACRO & Charlie Robinson LinksHypocrazy Audiobook: https://amzn.to/4aogwmsThe Octopus of Global Control Audiobook: https://amzn.to/3xu0rMmWebsite: www.Macroaggressions.ioMerch Store: https://macroaggressions.dashery.com/ Link Tree: https://linktr.ee/macroaggressionspodcast—Activist Post FamilySign up for the Activist Post Newsletter: https://activistpost.kit.com/emailsActivist Post: www.ActivistPost.comNatural Blaze: www.NaturalBlaze.com —Support Our SponsorsGround Luxe Grounding Mats: https://GroundLuxe.com/MACROReplace Your Mortgage: www.WipeOutYourMortgageNow.comC60 Power: https://go.ShopC60.com/PBGRT/KMKS9/ | Promo Code: MACROChemical Free Body: https://ChemicalFreeBody.com/macro/ | Promo Code: MACROWise Wolf Gold & Silver: https://Macroaggressions.Gold/ | (800) 426-1836LegalShield: www.DontGetPushedAround.comEMP Shield: www.EMPShield.com | Promo Code: MACROChristian Yordanov's Health Program: www.LiveLongerFormula.com/macroAbove Phone: https://AbovePhone.com/macro/Van Man: https://VanMan.shop/?ref=MACRO | Promo Code: MACROThe Dollar Vigilante: https://DollarVigilante.spiffy.co/a/O3wCWenlXN/4471Nesa's Hemp: www.NesasHemp.com | Promo Code: MACROAugason Farms: https://AugasonFarms.com/MACRO—

The US-Israeli war against Iran has scholars, journalists, and pundits comparing the conflagration to Britain, France, and Israel's invasion of Egypt to regain control of the Suez Canal after President Gamal Abdel Nasser nationalised the strategic waterway 70 years ago. The jury is out on whether Iran is America's Suez. The answer is probably Yo, yes, and no. History rendered the Suez war a symbol of the demise of the British and French colonial empires or, in the words of British historian Corelli Barnett, the “last thrash of empire.” US pressure and the Soviet Union's threat to come to Egypt's aid forced Britain, France, and Israel to accept a humiliating ceasefire and withdraw their troops. The similarities between Suez and Iran are glaring, but the differences are likely to count the most.

How did the humble date palm become entangled in the great age of empire? Why did steamships, railways, and the opening of the Suez Canal transform an ancient oasis crop into a global commodity? And how did a handful of date palms - smuggled across deserts, nearly lost to a curious dog, and later replanted in California - come to shape the modern global date industry?Join John and Patrick for the second part of their story on the history of dates, as imperial expansion, desert espionage, and ambitious American plant hunters carry this ancient fruit from the oases of North Africa and the Middle East to the highways of Southern California, and even back from seeds two thousand years old.----------In Sponsorship with Cornell University: Dyson Cornell SC Johnson College of Business-----------Join the History of Fresh Produce Club for ad-free listening, bonus episodes, book discounts and access to an exclusive chatroom community.Support us!Share this episode with your friendsGive a 5-star ratingWrite a review-----------Subscribe to our biweekly newsletter here for extra stories related to recent episodes, book recommendations, a sneak peek of upcoming episodes and more.-----------Instagram, TikTok, Threads:@historyoffreshproduceEmail: historyoffreshproduce@gmail.com

Stephen Grootes speaks to Francois Rossouw, CEO Of the Southern African Agricultural Initiative and John Steenhuisen, Minister of Agriculture, about the growing legal battle in which farmers argue that strict state-controlled vaccine rules are delaying South Africa’s foot-and-mouth disease response, threatening livestock, livelihoods, and the wider agricultural economy. In other interviews, Timothy Walker, Senior researcher on maritime security at the ISS talks about the shifting dynamics in global shipping, as vessels increasingly reroute around the Cape of Good Hope amid ongoing geopolitical tensions in the Middle East. The diversion of traffic away from traditional routes like the Suez Canal is driving increased activity along Africa’s coastline, positioning the region as a growing bunkering hub, while also highlighting the opportunities and constraints shaping South Africa’s role in this evolving maritime trade landscape. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 to 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Timothy Walker, Senior Researcher on maritime security at the ISS, about the shifting dynamics in global shipping, as vessels increasingly reroute around the Cape of Good Hope amid ongoing geopolitical tensions in the Middle East. The diversion of traffic away from traditional routes like the Suez Canal is driving increased activity along Africa’s coastline, positioning the region as a growing bunkering hub, while also highlighting the opportunities and constraints shaping South Africa’s role in this evolving maritime trade landscape. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 to 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Welcome to The Daily Wrap Up, an in-depth investigatory show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (3/23/26). As always, take the information discussed in the video below and research it for yourself, and come to your own conclusions. Anyone telling you what the truth is, or claiming they have the answer, is likely leading you astray, for one reason or another. Stay Vigilant. !function(r,u,m,b,l,e){r._Rumble=b,r[b]||(r[b]=function(){(r[b]._=r[b]._||[]).push(arguments);if(r[b]._.length==1){l=u.createElement(m),e=u.getElementsByTagName(m)[0],l.async=1,l.src="https://rumble.com/embedJS/u2q643"+(arguments[1].video?'.'+arguments[1].video:'')+"/?url="+encodeURIComponent(location.href)+"&args="+encodeURIComponent(JSON.stringify([].slice.apply(arguments))),e.parentNode.insertBefore(l,e)}})}(window, document, "script", "Rumble");   Rumble("play", {"video":"v75c6xi","div":"rumble_v75c6xi"}); Source Links (In Chronological Order):  (21) B L A K E L E Y™℠©® LLC on X: "Please follow me on @backupblakeley while I deal with this crap." / X (21) Mark Gadala-Maria on X: "This is wild. 143 million people thought they were catching Pokémon. They were actually building one of the largest real-world visual datasets in AI history. Niantic just disclosed that photos and AR scans collected through Pokémon Go have produced a dataset of over 30 billion" / X (21) markgoodw.in on X: "hey @Support you blocked @_whitneywebb's ability to log into X due to suspicious logins detected. asking for help to bump this in the support cue with likes and retweets so we can promo this new piece! cheers everyone." / X X Users Find Their Real Names Are Being Googled in Israel After Using X Verification Software "Au10tix" (21) Jordan on X: "DATA CENTERS UNDER CONSTRUCTION IN THE UNITED STATES The number of data centers currently under construction by state shows how quickly AI infrastructure is expanding. Texas — 135 Virginia — 134 Georgia — 51 Ohio — 45 Arizona — 35 Nevada — 29 Indiana — 21 Mississippi — 21 https://t.co/NiWf0ZbXTb" / X Welcome to the Palantir World Order (21) Dirty Indy

Advertising SponsorThis episode is brought to you by the Map It Forward Patreon Monthly Discussion Group. Join our Roasted Coffee tier on Patreon for early ad-free access to podcast episodes, our weekly industry insights blog, and access to exclusive monthly live discussion groups with coffee professionals from around the world. Head to https://patreon.com/mapitforward to join the community.Episode DescriptionThis is Part 5 of a five-part series: War, Trade, and Coffee — What the Middle East Conflict Means for the Global Coffee Industry.In the final episode of the series, Lee Safar explores what coffee businesses should be paying attention to as geopolitical conflict begins to reshape global trade systems.Rather than focusing on predictions, Lee encourages the industry to watch signals — measurable indicators that reveal how the crisis is evolving and how it may impact coffee supply chains.Four signals are particularly important.The first is shipping routes, including the Red Sea and Suez Canal. Changes in shipping routes, container availability, and freight costs can dramatically affect the movement of coffee around the world.The second signal is energy markets. Oil and natural gas prices influence fertilizer production, transportation costs, roasting energy expenses, and overall agricultural economics.The third signal is trade consolidation. As crises intensify, smaller businesses may struggle while larger companies expand their influence through acquisitions and market consolidation.The fourth signal is supply chain resilience. Businesses that diversify suppliers, maintain inventory buffers, and strengthen relationships across the supply chain will be better positioned to adapt.Lee argues that the coffee industry must broaden its focus beyond cup quality to include logistics, geopolitics, energy markets, and financial risk.Understanding these signals will help businesses make better strategic decisions as global uncertainty continues to unfold.Connect with Lee Safar and Map It Forward here:https://www.linkedin.com/in/leesafar/https://mapitforward.coffeehttps://www.instagram.com/leesafarhttps://www.instagram.com/mapitforward.coffee ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Advertising SponsorThis episode is brought to you by the Map It Forward Patreon Monthly Discussion Group. Join our Roasted Coffee tier on Patreon for early ad-free access to podcast episodes, our weekly industry insights blog, and access to exclusive monthly live discussion groups with coffee professionals from around the world. Head to https://patreon.com/mapitforward to join the community.Episode DescriptionThis is Part 5 of a five-part series: War, Trade, and Coffee — What the Middle East Conflict Means for the Global Coffee Industry.In the final episode of the series, Lee Safar explores what coffee businesses should be paying attention to as geopolitical conflict begins to reshape global trade systems.Rather than focusing on predictions, Lee encourages the industry to watch signals — measurable indicators that reveal how the crisis is evolving and how it may impact coffee supply chains.Four signals are particularly important.The first is shipping routes, including the Red Sea and Suez Canal. Changes in shipping routes, container availability, and freight costs can dramatically affect the movement of coffee around the world.The second signal is energy markets. Oil and natural gas prices influence fertilizer production, transportation costs, roasting energy expenses, and overall agricultural economics.The third signal is trade consolidation. As crises intensify, smaller businesses may struggle while larger companies expand their influence through acquisitions and market consolidation.The fourth signal is supply chain resilience. Businesses that diversify suppliers, maintain inventory buffers, and strengthen relationships across the supply chain will be better positioned to adapt.Lee argues that the coffee industry must broaden its focus beyond cup quality to include logistics, geopolitics, energy markets, and financial risk.Understanding these signals will help businesses make better strategic decisions as global uncertainty continues to unfold.Connect with Lee Safar and Map It Forward here:https://www.linkedin.com/in/leesafar/https://mapitforward.coffeehttps://www.instagram.com/leesafarhttps://www.instagram.com/mapitforward.coffee ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Advertising SponsorThis episode is brought to you by Arcadia Green Coffee, Colombian coffee exporters taking fresh green coffee from Colombia to the world — farm to roastery, direct.Instagram: https://www.instagram.com/arcadiagreencoffee/WhatsApp: https://wa.me/353877871523Episode DescriptionThis is Part 2 of a five-part series: War, Trade, and Coffee — What the Middle East Conflict Means for the Global Coffee Industry.In this episode, Lee Safar explores the shipping system that moves coffee around the world and explains why disruptions in West Asia could have significant implications for the global coffee industry.Approximately 80–90% of global trade moves by sea, and coffee is deeply dependent on those maritime logistics systems.Lee explains the importance of several key trade routes that shape global coffee movement, including the Strait of Hormuz, Bab al-Mandeb, and the Suez Canal. These waterways connect Africa, Asia, and Europe and carry enormous volumes of global trade.When shipping routes become unstable due to conflict, ships may be forced to reroute around the Cape of Good Hope, adding thousands of nautical miles and weeks of travel time. This increases fuel costs, freight prices, insurance premiums, and supply chain uncertainty.The episode also explores why these disruptions affect different coffee supply chains differently. Coffee moving from East Africa and Asia toward Europe relies heavily on the Red Sea corridor, while some Latin American routes may be less directly affected.Understanding these logistics systems is essential for coffee professionals trying to navigate the uncertainty created by geopolitical conflict.In the next episode, Lee explores who is likely to be hit first in the coffee value chain as these disruptions unfold.Connect with Lee Safar and Map It Forward here:https://www.linkedin.com/in/leesafar/https://mapitforward.coffeehttps://www.instagram.com/leesafarhttps://www.instagram.com/mapitforward.coffee ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Advertising SponsorThis episode is brought to you by Arcadia Green Coffee, Colombian coffee exporters taking fresh green coffee from Colombia to the world — farm to roastery, direct.Instagram: https://www.instagram.com/arcadiagreencoffee/WhatsApp: https://wa.me/353877871523Episode DescriptionThis is Part 2 of a five-part series: War, Trade, and Coffee — What the Middle East Conflict Means for the Global Coffee Industry.In this episode, Lee Safar explores the shipping system that moves coffee around the world and explains why disruptions in West Asia could have significant implications for the global coffee industry.Approximately 80–90% of global trade moves by sea, and coffee is deeply dependent on those maritime logistics systems.Lee explains the importance of several key trade routes that shape global coffee movement, including the Strait of Hormuz, Bab al-Mandeb, and the Suez Canal. These waterways connect Africa, Asia, and Europe and carry enormous volumes of global trade.When shipping routes become unstable due to conflict, ships may be forced to reroute around the Cape of Good Hope, adding thousands of nautical miles and weeks of travel time. This increases fuel costs, freight prices, insurance premiums, and supply chain uncertainty.The episode also explores why these disruptions affect different coffee supply chains differently. Coffee moving from East Africa and Asia toward Europe relies heavily on the Red Sea corridor, while some Latin American routes may be less directly affected.Understanding these logistics systems is essential for coffee professionals trying to navigate the uncertainty created by geopolitical conflict.In the next episode, Lee explores who is likely to be hit first in the coffee value chain as these disruptions unfold.Connect with Lee Safar and Map It Forward here:https://www.linkedin.com/in/leesafar/https://mapitforward.coffeehttps://www.instagram.com/leesafarhttps://www.instagram.com/mapitforward.coffee ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Mark Neale, founder and chief executive of Mountain Warehouse - the outdoor clothing company - joins Will Bain for this episode of Big Boss Interview to discuss how conflict in the Middle East, tariff volatility and UK economic policy are affecting retailers and the wider economy.Disruption to global shipping routes is already pushing up costs for businesses importing goods from Asia. Prior to the latest US/Isarael war against Iran ,attacks on commercial vessels in the Red Sea had effectively closed the Suez Canal to many freight ships for nearly a year, forcing cargo to travel around the Horn of Africa instead. That detour adds roughly two weeks to delivery times and significantly increases freight costs. Neale says companies have built greater resilience into supply chains since the pandemic, but sustained disruption in from the latest conflict will eventually feed through into higher prices if the situation continues.Trade policy is creating further uncertainty due to the impact of American tariffs. Neale questions what such tariff policies are designed to achieve, arguing that no realistic trade regime is going to bring garment manufacturing back to the United States. He also says they've tried diversify away from Chinese made clothes as a result.The interview also examines the state of the UK economy. Neale argues the country has lost “the best part of a year of growth” because the government repeatedly emphasised how broken parts of the country were — from the NHS to the economy — without setting out a clear positive vision for growth. When the new administration arrived, he says, inflation and interest rates were already beginning to fall and there were early signs of recovery emerging. Neale compares the situation to a new chief executive taking over a struggling company: you acknowledge the problems, but you also need to rally the workforce with a plan.Hiring and labour regulation are another concern. Neale describes the government's proposed Employment Rights Bill as “the let's make it more difficult for people to get a job Bill”, warning that additional regulation may make businesses more cautious when recruiting. With around a million people in the UK currently out of work due to long-term sickness, he argues that policies which increase perceived hiring risk could make it harder for people trying to re-enter the workforce to get an opportunity.Competition for jobs is already intense. When Mountain Warehouse opened a new store in Wigan, 493 people applied for just ten roles, including more than 100 applicants for the store manager position alone. Neale says that when employers face such large applicant pools alongside stricter employment rules, they are more likely to choose the safest candidate — potentially shutting out those who most need a chance.Presenter: Will Bain Producer: Olie D'Albertanson Editor: Henry Jones00:00 Sean and Will start the show 01:45 Mark Neale joins BBI 02:28 From rollerblades to Mountain Warehouse 08:17 Freight concerns & Middle East disruption 11:38 Diversifying supply chain away from China 17:44 Government stamping out green shoots of recovery & lost year of growth 25:39 Employment Rights Bill impact & unintended consequences for hiring 29:33 De minimis, ideal high street & long-term confidence

“We need to get back to something where freedom of navigation and peaceful navigation is restored, and that will depend on some kind of deal between the two sides in that war.” Jonathan Josephs speaks to Vincent Clerc, CEO of Maersk the world's second largest shipping company. The conflict between Iran, Israel and the United States has led to the closure of the vital Strait of Hormuz. It's one of the world's most important shipping routes which before this war, carried about a fifth of global oil supplies. Cargo ships there are being targeted, and seafarers have been killed. The disruption is halting the transport of vital cargo containers and pushing up energy prices. Countries in the Gulf region like Saudi Arabia, rely heavily on energy exports, and, Asia, where much of it is sold, will be hit hard. Food and fertiliser supplies are also being affected. It's not just the Strait of Hormuz that's being disrupted. Security threats mean shipping is also avoiding the Red Sea route through the Suez Canal, which because of the sheer volume of cargo traffic, is arguably more important to global trade. Vincent Clerc says the cost of war will have to be passed on, leading to higher prices for consumers around the world. Thank you to Jonathan Josephs for his help in making this programme. The Interview brings you conversations with people shaping our world, from all over the world. The best interviews from the BBC, including episodes with Majid Takht-Ravanchi, Iran's deputy foreign minister, Jamie Dimon Chief Executiveof JP Morgan Chase and many others. You can listen on the BBC World Service on Mondays, Wednesdays and Fridays at 0800 GMT. Or you can listen to The Interview as a podcast, out three times a week on BBC Sounds or wherever you get your podcasts. Presenter: Jonathan Josephs Producer: Clare Williamson Editor: Damon Rose Get in touch with us on email TheInterview@bbc.co.uk and use the hashtag #TheInterviewBBC on social media.(Image: Vincent Clerc Credit: BBC)

Pool Pros text questions hereIn this episode of Flock It Friday, Rudy Stankowitz revisits the topic of borates in swimming pools, exploring the chemistry behind them, the regulatory history, and why recent geopolitical tensions have brought boron compounds back into the conversation.Recent instability in key shipping corridors such as the Strait of Hormuz, the Red Sea, and the Suez Canal has raised concerns about global freight movement. Since Turkey holds the world's largest boron reserves and supplies a significant portion of the global market through its state-owned producer Eti Maden, disruptions in shipping routes could tighten the supply chain that delivers boric acid to the U.S. market. The chemistry itself hasn't changed—the mines are still operating—but the logistics that move industrial minerals around the world can shift quickly.Rudy then breaks down the science behind borates. In pool water, boron compounds typically exist as boric acid and borate ions, forming a secondary buffering system that helps resist pH drift, especially in pools with saltwater chlorine generators, where aeration accelerates carbon dioxide loss and causes pH to rise.Most pools that use borates maintain concentrations between 30 and 50 ppm. Below that range the buffering effect becomes minimal, and above it there is little additional benefit. Once added, borates remain stable in the water and are only removed through dilution, splash-out, backwashing, or water replacement.Borates are often described as algistatic, meaning they may inhibit algae growth, but they should not be considered a primary algaecide. Chlorine remains the primary sanitizer responsible for algae control.The episode also touches on the regulatory evolution surrounding borates. Following the introduction of NSF/ANSI Standard 50 Annex R in 2015, many niche pool chemical additives—including borate products—were not pursued for certification under the updated framework. As a result, borates largely disappeared from modern certification listings, though they remain widely used in residential pools where certification is not required.The bigger takeaway is that the chemistry hasn't changed—but the systems that deliver pool chemicals have. In today's global economy, the most complicated part of pool chemistry may not be the reactions happening in the water, but the international supply chains that bring those chemicals to the pool service professional. Support the showThank you so much for listening! You can find us on social media: Facebook Instagram Tik Tok Email us: talkingpools@gmail.com

Topics Include Suez Canal  Currency fluctuations, especially the Brazilian real and US dollar Brazilian domestic policy and its effect on coffee exports Market volatility driven by geopolitical and logistical factors Tariff refunds Part of The Covoya Coffee Podcasting Network TAKE OUR LISTENER SURVEY Visit and Explore Covoya!

Subscribe now to skip the ads and get all of our episodes. Danny and Derek speak with historian Alfred McCoy about how the Cold War operated as a global conflict influenced by decolonization, covert action, and geopolitical strategy. They discuss the role of individual intelligence operatives as “men on the spot”; Cold War rivalry and the collapse of European empires; how conflicts across Asia, Africa, and Latin America produced much of the war's violence; the development of U.S. containment strategy and covert action institutions; and Iran as flashpoint in Cold War and post-Cold War geopolitics, and how Alfred interprets these conflicts through a lens of imperial decline and strategic chokepoints like the Suez Canal and the Strait of Hormuz. Buy Alfred's book Cold War on Five Continents! Reading recommendation: The Cold War's Killing Fields: Rethinking the Long Peace by Paul Thomas Chamberlin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Danny and Derek speak with historian Alfred McCoy about how the Cold War operated as a global conflict influenced by decolonization, covert action, and geopolitical strategy. They discuss the role of individual intelligence operatives as “men on the spot”; Cold War rivalry and the collapse of European empires; how conflicts across Asia, Africa, and Latin America produced much of the war's violence; the development of U.S. containment strategy and covert action institutions; and Iran as flashpoint in Cold War and post-Cold War geopolitics, and how Alfred interprets these conflicts through a lens of imperial decline and strategic chokepoints like the Suez Canal and the Strait of Hormuz.Buy Alfred's book Cold War on Five Continents!Reading recommendation: The Cold War's Killing Fields: Rethinking the Long Peace by Paul Thomas Chamberlin.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

President Donald Trump is confronting adversaries abroad while battling political resistance at home. As U.S. forces escalate operations against Iran and negotiations swirl around Cuba, Trump is also pressuring Senate Republicans to pass the SAVE Act before endorsing John Cornyn in a heated primary challenge from Ken Paxton. The result: a high-stakes clash shaping both global strategy and domestic politics. Episode Summary The Trump administration is simultaneously navigating major geopolitical tensions and an escalating fight inside Washington. Abroad, U.S. and allied forces have intensified operations against Iran, reportedly striking thousands of targets and crippling major military infrastructure. Former commander David Petraeus says the U.S. has effectively achieved air supremacy, enabling expanded use of heavy bombers and carrier strike groups now moving into the region. The deployment includes the USS Gerald R. Ford and the USS George H. W. Bush. Strategically, analysts argue control of key global shipping routes—from the Strait of Hormuz to the Suez Canal—could reshape global power dynamics, particularly in relation to China's energy imports. Meanwhile, Trump also hinted at major changes in Cuba, joking that Secretary of State Marco Rubio could resolve the situation quickly as negotiations reportedly involve members of the Castro family. Back home, the biggest political fight may be inside Trump's own party. The president is withholding support from Senator John Cornyn unless Republicans move forward on the SAVE Act, which would require proof of citizenship to vote in federal elections. The move follows pressure from Ken Paxton, who is challenging Cornyn in the primary and urging Trump to leverage his endorsement to force action on election security. At the same time, a federal case involving Asif Merchant has raised new questions about alleged Iranian assassination plots targeting Trump and other U.S. officials—adding another layer to the escalating conflict between Washington and Tehran. With military operations expanding overseas and political battles intensifying at home, the coming weeks could prove pivotal for both U.S. foreign policy and the future of the Republican Party. Key Takeaways U.S. forces are escalating military operations against Iran with carrier groups and heavy bombers. Global shipping chokepoints like the Strait of Hormuz could become strategic leverage points. Negotiations regarding Cuba reportedly involve figures connected to the Castro family. Donald Trump is pressuring Senate Republicans to pass the SAVE Act. The Texas Senate primary between Ken Paxton and John Cornyn is becoming a key political battleground. A federal trial involving Asif Merchant raises new concerns about Iranian threats. Topic Tags: Trump Administration, Iran War, Cuba Politics, SAVE Act, GOP Infighting, Global Strategy

Mariam Wahba explains why Egypt remains unattacked by Iran and discusses President Al-Sisi's potential future role in regional rebuilding and stabilizing the Suez Canal. (13)1910 SHEPHEARD'S HOTEL

SHOW SCHEDULE 3-4-20261910 CARTHAGEVictoria Coates argues China's interest in international law masks an inability to project power compared to the United States, which remains the regional "strong horse." (1)General Blaine Holt explains "missile math," where cheap drones force expensive defensive responses, requiring a strategy of targeting adversary production capabilities and launch sites directly. (2)Steve Yates discusses how Asian allies find assurance in US missile defense tech while Beijing faces internal military purges and doubts about its own technology. (3)Steve Yates explores the fragile nature of the War Powers Act and praises Senator John Fetterman for his clear, principled stance regarding the Middle East conflict. (4)Peter Berkowitz traces the current conflict to the October 7 atrocities, emphasizing the Islamic Republic of Iran's long-term funding and coordination of its proxy groups. (5)Peter Berkowitz examines Secretary Rubio's speech on Western traditions, arguing the US fights to secure Americanfreedom and global interests against hostile, non-democratic regional actors. (6)Anatoly Zak reveals the history of the T2K, a secret Soviet lunar lander prototype tested in Earth orbit to compete with the American Apollo program. (7)Anatoly Zak attributes the Soviet failure to reach the moon to late funding, lack of military interest, and the unreliability of the super-heavy N1 rocket engines. (8)Ivana Stradner warns that Moscow uses the Iran conflict to spread propaganda claiming US abandonment of Ukraine, aiming to polarize the West and demoralize allies. (9)Ivana Stradner explains how manipulated satellite imagery and AI-generated footage are used by Iran and Russia to spread fear and claim false victories in war zones. (10)Gregory Copley analyzes European responses, noting UK Prime Minister Starmer's perceived weakness and the largely symbolic nature of French nuclear and naval deployments in the region. (11)Gregory Copley explores regional reactions, noting Australia's military integration with the US and Beijing's shock as its propaganda regarding Iranian invulnerability is proven false. (12)Mariam Wahba explains why Egypt remains unattacked by Iran and discusses President Al-Sisi's potential future role in regional rebuilding and stabilizing the Suez Canal. (13)Michael Bernstam analyzes how spiked oil prices temporarily benefit Russia's budget, though the loss of Iranian drone supplies creates significant strategic and long-term logistical setbacks. (14)Bob Zimmerman highlights SpaceX's routine orbital successes while contrasting them with China's rational, long-term plan to land humans on the moon by the year 2030. (15)Bob Zimmerman details the sun's unpredictable sunspot decline and its influence on climate, alongside deep-space observations of the Cat's Eye nebula by the Euclid telescope. (16)

Stay informed on current events, visit www.NaturalNews.com - War Escalation in the Middle East (0:11) - Infographic and War Steps (1:47) - Nuclear Escalation and Global Implications (3:37) - Impact on Global Stability and US Military (6:40) - AI Features and Preparedness (8:34) - Pentagon Concerns and Domestic Threats (13:50) - Iranian Claims and Amazon AWS Center Attack (20:27) - Anti-Muslim Rhetoric and Christian Zionism (23:16) - Escalation to Nuclear War (27:05) - Economic and Political Implications (43:17) - Strategic Targeting and Radar Destruction (54:46) - China's Role and Future Projections (1:15:33) - Mike Adams' Introduction and Initial Thoughts on the Middle East Conflict (1:18:33) - Michael Yon's Perspective on the Middle East Conflict (1:28:17) - Adams and Yon on the Impact of the War on Global Supply Chains (1:31:17) - The Role of Zionists and the Global Routes and Resources War (1:38:29) - The Potential for Escalation and the Role of the United States (1:48:57) - The Impact of the Conflict on Global Trade and Energy Prices (1:49:14) - The Role of Gold and Silver in the Conflict (1:54:19) - The Potential for False Flag Operations and Domestic Terrorism (2:00:10) - The Political Fallout of the Conflict (2:00:29) - The Strategic Importance of the Strait of Hormuz and the Suez Canal (2:01:05) - Control of Strategic Waterways and Geopolitical Implications (2:01:58) - Declining Support for Zionism (2:37:36) - Iran's Strength and the Long-Term Conflict Outlook (2:41:08) - Europe's Financial Struggles and the Impact of Tax Policies (2:43:47) - Preparation for Future Changes and Geopolitical Predictions (2:45:57) - The Role of Trump and the Impact of the Death Jab (2:50:40) - Final Thoughts and Recommendations for Audience (2:54:19) Watch more independent videos at http://www.brighteon.com/channel/hrreport  ▶️ Support our mission by shopping at the Health Ranger Store - https://www.healthrangerstore.com ▶️ Check out exclusive deals and special offers at https://rangerdeals.com ▶️ Sign up for our newsletter to stay informed: https://www.naturalnews.com/Readerregistration.html Watch more exclusive videos here:

In August of 1914, the United States of America completed a man-made waterway through the Panamanian isthmus, linking the Atlantic and Pacific Oceans for the first time in history. But that engineering triumph was the culmination of decades of toil, conflict and death. In this first episode of a multi-part series on the Panama Canal, we trace the origins of its construction, beginning with the doomed French attempt and its tragic protagonist, Ferdinand de Lesseps.      SOURCES: Burton, Anthony. The Canal Pioneers: Canal Construction from 2500 BC to the Early 20th Century. Barnsley, UK: Pen & Sword Maritime, 2018. Charles River Editors. The Panama Canal: The Construction and History of the Waterway Between the Atlantic and Pacific Oceans. CreateSpace Independent Publishing, 2013. Diaz Espino, Ovidio. How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal. New York: Four Walls Eight Windows, 2003. Greene, Julie. The Canal Builders: Making America's Empire at the Panama Canal. New York: Penguin Press, 2009. Karabell, Zachary. Parting the Desert: The Creation of the Suez Canal. New York: Alfred A. Knopf, 2003. Keller, Ulrich. The Building of the Panama Canal in Historic Photographs. New York: Dover Publications, 1983. Lasso, Marixa. Erased: The Untold Story of the Panama Canal. Cambridge, MA: Harvard University Press, 2019. Lindsay, John. Emperors in the Jungle: The Hidden History of the U.S. in Panama. 2003. Lopez, Sean J. Chokepoint: The Epic History of the Suez Canal. New Haven, CT: Yale University Press, 2024. Marlowe, Elias. A History of Panama: Canal, Conquest, and Independence. Albuquerque: University of New Mexico Press, 2012. McCullough, David. The Path Between the Seas: The Creation of the Panama Canal, 1870–1914. New York: Simon & Schuster, 1977. Morton, Levi P. “No. 105. Mr. Morton to Mr. Frelinghuysen.” Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the President, December 1, 1884, U.S. Department of State Office of the Historian, 5 July 1884,https://history.state.gov/historicaldocuments/frus1884/d105   Parker, Matthew. Panama Fever: The Epic Story of the Building of the Panama Canal. New York: Doubleday, 2007. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's Zero Limits Podcast host Matty Morris chats with Shane Cording Boatswains Mate Royal Australian Navy Shane joined the Royal Australian Navy at 17 and served from 2009 to 2017 across multiple ships and major deployments, including Operations Slipper, Manitou, and Resolute. Shane's experience spans coalition operations in the Middle East, escorting a nuclear submarine through the Suez Canal, boarding operations under drone overwatch, and high-risk transits through the Persian Gulf. With nearly a decade at sea, Shane brings raw, firsthand insight into life in modern naval operations — and the unforgettable stories that come with it.Send us a text however note we cannot reply through these means. Please message the instagram or email if you are wanting a response. Support the showWebsite - www.zerolimitspodcast.comInstagram - https://www.instagram.com/zero.limits.podcast/?hl=enHost - Matty Morris www.instagram.com/matty.m.morrisSponsors Instagram - @gatorzaustralia www.gatorzaustralia.com15% Discount Code - ZERO15(former/current military & first responders 20% discount to order please email orders@gatorzaustralia.com.au Instagram - @3zeroscoffee 3 Zeros Coffee - www.3zeroscoffee.com.au 10% Discount Code - 3ZLimits Instagram - @getsome_au GetSome Jocko Fuel - www.getsome.com.au 10% Discount Code - ZEROLIMITS

On this episode of the Trade Guys, Bill and Scott unpack why House members voted to override President Trump's tariffs on Canada and what will come next. They also look at recent Indian dealmaking with the U.S. and EU, rising trade tensions between the EU and China, and the return of shipping commerce to the Suez Canal route. 

Economic decisions aren't only driven by hard data. A compelling story can change economic behavior and outcomes. In today's episode, we explore real-world examples of “narrative economics” like how the Suez Canal ended up getting built. And we ask: why do narratives sometimes matter more than truth or data? Related episodes: This indicator hasn't flashed this red since the dot-com bubble Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year! The Beigie Awards: Manufacturing takes center stage For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy