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Hans Holbein's Tudor masterpiece known as the Ambassadors was painted in 1533, the year when Henry VIII changed the course of history. Religious turmoil sweeps through Europe and Anne Boleyn is Queen of England. Two Ambassadors choose to capture this pivotal moment of religious and political upheaval, but who were they and what did they want this painting to convey? In today's episode we join Tracy Borman, Chief Historian, as she explores the painting known as The Ambassadors, by Hans Holbein. You can view The Ambassadors in high resolution here. Thank you to the National Gallery for letting us record in front of the painting.
US President Trump said they are very close to an India deal, could possibly make one with Europe & it is too soon to say re. Canada.US stocks finished higher but with volatile trade amid reports that Trump had drafted a letter to fire Powell; later, Trump denied this.DXY has regained some composure after getting hit on Fed independence concerns, G10s softer with AUD lagging after soft jobs data.USTs ease after Wednesday's upside, JGBs initially followed suit but picked up after the latest JGB liquidity auction.Crude remains afloat, XAU rangebound, base peers lack conviction in contained trade.Highlights include Australian Employment, UK Jobs, EZ HICP (Final), US Trade, Jobless Claims, Retail Sales & Atlanta Fed GDPNow, G20 Finance Ministers Meeting, Speakers including Fed's Kugler, Daly, Cook & Waller, Supply from Spain, France & UK, Earnings from Novartis, Publicis, Volvo, PepsiCo, GE, Abbott Laboratories, Netflix & TSMC.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Good afternoon, I'm _____ with today's episode of EZ News. Taiwan: hope China will follow olympic protocol in naming Beijing says, Chinese media will continue to refer to Taiwan's team as "Taipei, China" in reports on the upcoming World Games in Chengdu… while Taiwan said it "hopes" the Chinese sides will follow the "Olympic Protocol" and refer to its team as "Chinese Taipei." A spokesperson from China's Taiwan Affairs Office said that protocol only applies to sports-related matters and has been, and will continue to be, implemented at international sporting events held in China… but he said that the protocol does not apply to news media or areas beyong sports events. The spokesman's remarks indicate that China will continue to use the name that Taiwanese authorities see as diminishing of Taiwan's status- Taipei, China- instead of the olympic-approved "Chinese Taipei." The situation mirrors a controversy earlier this year during the Asian Winter Games in Harbin, where both the Taiwan Office and media in China referred to the delegation of Taiwan as "Taipei, China." The games are set to be held in Chengdu in august. Molicel cell maker adjusts capacity following plant fire Molie Quantum Energy Corporation announced yesterday that it will adjust production capacity at its Southern Taiwan Science Park facility. The park will support high-end product shipments originally (起初) handled by the Kaohsiung facility. This comes after a fire broke out at its lithium-ion battery cell plant in Kaohsiung earlier this week. The company's battery cell brand, Molicel, supplies premium markets including supercars, aerospace, and AI server data center backup systems. The Southern Taiwan Science Park facility's three production lines will begin assisting with shipments next month. (AH-CNA) GHF: 20 Palestinians Killed at Distribution Site An American aid organization says 20 Palestinians were killed at a distribution site in Gaza. The Gaza Humanitarian Foundation said it believed 19 died from trampling Wednesday at its food distribution (分發) center and one was stabbed. The group accuses Hamas of spreading panic but provided no evidence. Witnesses said GHF guards threw stun grenades and used pepper spray on people pressing to get into the site before it opened, causing panic. The United Nations reports 875 Palestinians have died near aid sites since May. Meanwhile, hospital officials say Israeli strikes killed 54 others, including 14 children. Israel says its strikes target Hamas, accusing the group of hiding among civilians. Officials downgrade Alaska tsunami warning after 7.3 magnitude earthquake From the US….. A Tsunami warning for parts of Alaska has now been downgraded (降級). AP's Lisa Dwyer reports Belgium Festival Fire A huge fire has damaged (損壞) the main stage at the Tomorrowland festival site in Belgium. The fire broke out on Wednesday in the town of Boom, north of Brussels. No concerts were happening at the time and no injuries were reported. I The festival, which attracts tens of thousands of visitors from across Europe, was set to open on Friday. In a statement shared online, festival organizers said the stage was “severely damaged” but that no one was hurt. That was the I.C.R.T. EZ News, I'm _____. ----以下訊息由 SoundOn 動態廣告贊助商提供---- 打造綠能與AI科技的示範驗證場域,串聯嘉義、南科、高雄及屏東等園區,大南方智慧轉型的關鍵樞紐,歡迎一同探索沙崙智慧綠能科學城,共創智慧未來! 參訪進駐資訊請至 https://sofm.pse.is/7wcyzj 網站查詢 經濟部能源署/臺南市政府經濟發展局(廣告) -- 挺你所想!與你一起生活的銀行 中國信託行動銀行APP 全新推出「交易中安全提示」防詐騙功能 開啟後,轉帳的同時也在通話,會自動跳出貼心提醒,力挺你的金融安全 防護再進化,交易好安心! 馬上下載「中國信託行動銀行APP」 https://sofm.pse.is/7wcyyz -- Hosting provided by SoundOn
Lawfare Legal Fellow Mykhailo Soldatenko and Lawfare Senior Editor Scott R. Anderson sit down with Markiyan Kliuchkovskyi, Executive Director of the Register of Damage for Ukraine at the Council of Europe and a former legal advisor of the Office of the President of Ukraine, and Patrick Pearsall, Partner at Gibson Dunn and Director of the Columbia Law School International Claims and Reparations Project. Markiyan and Patrick played a key role in proposing and designing Ukraine's reparations strategy soon after Russia's full-scale invasion of Ukraine. They discuss how they came up with the idea and pitched it to President Zelensky, the G-7, and the UN General Assembly; the proposed reparations mechanism; the fate of frozen Russian assets; and the relevance of the reparations to the Ukraine-Russia talks. You may want to look at the following materials relevant to the discussion. UN General Assembly Resolution on "Furtherance of remedy and reparation for aggression against Ukraine"Chiara Giorgetti, Markiyan Kliuchkovsky, Patrick Pearsall, and Jeremy K. Sharpe, “Historic UNGA Resolution Calls for Ukraine Reparations”Scott R. Anderson, “Understanding the G7's New Plan for Funding Ukraine”To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.
This week, Scott sat down with his Lawfare colleagues Benjamin Wittes and Eric Ciaramella to talk through the week's big national security news stories, including:“With Arms Wide Open.” After years of open skepticism toward Ukraine (and uncharacteristic deference to Russia), it seems President Trump may have turned a page. His rhetoric has grown cooler toward Russian President Vladimir Putin, and he has proven more willing to provide arms to Ukraine, even over contrary efforts by some of his advisers—including an agreement to provide Ukraine with Patriot missiles and other U.S.-made, Europe-funded weapons. What explains this switch? And how durable is it likely to prove?“Hitting Foggy Bottom.” Just days after the Supreme Court removed a preliminary injunction, the State Department went forward with substantial personnel cuts, RIFing 1,350 foreign and civil service personnel in Washington, D.C. It's all part of a much broader reorganization that State Department leadership claims will make the Department leaner or more efficient, even as it guts personnel working on issues disfavored by the Trump administration. “Waiting for the Intel Impressment.” Since the Trump administration's June 21 airstrikes on Iranian nuclear facilities, a heated debate has raged over their effects. The administration maintains the strikes were “historically successful” and permanently set back the Iranian nuclear program. But media reports source to people within the intelligence community have suggested a much more limited effect. How should we weigh these competing claims? And when will we know the truth?In object lessons, Ben asks for your public service in supporting Lawfare's Public Service Fellowship. Scott pulled a Quinta with his recommendation of the New Yorker essay “Zohran Mamdani and Mahmoud Khalil Are in on the Joke,” by Hanif Abdurraquib. And Eric makes his summer travels epic by listening to the podcast, The Rest is History.To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.
This week, Scott sat down with his Lawfare colleagues Benjamin Wittes and Eric Ciaramella to talk through the week's big national security news stories, including:“With Arms Wide Open.” After years of open skepticism toward Ukraine (and uncharacteristic deference to Russia), it seems President Trump may have turned a page. His rhetoric has grown cooler toward Russian President Vladimir Putin, and he has proven more willing to provide arms to Ukraine, even over contrary efforts by some of his advisers—including an agreement to provide Ukraine with Patriot missiles and other U.S.-made, Europe-funded weapons. What explains this switch? And how durable is it likely to prove?“Hitting Foggy Bottom.” Just days after the Supreme Court removed a preliminary injunction, the State Department went forward with substantial personnel cuts, RIFing 1,350 foreign and civil service personnel in Washington, D.C. It's all part of a much broader reorganization that State Department leadership claims will make the Department leaner or more efficient, even as it guts personnel working on issues disfavored by the Trump administration. “Waiting for the Intel Impressment.” Since the Trump administration's June 21 airstrikes on Iranian nuclear facilities, a heated debate has raged over their effects. The administration maintains the strikes were “historically successful” and permanently set back the Iranian nuclear program. But media reports source to people within the intelligence community have suggested a much more limited effect. How should we weigh these competing claims? And when will we know the truth?In object lessons, Ben asks for your public service in supporting Lawfare's Public Service Fellowship. Scott pulled a Quinta with his recommendation of the New Yorker essay “Zohran Mamdani and Mahmoud Khalil Are in on the Joke,” by Hanif Abdurraquib. And Eric makes his summer travels epic by listening to the podcast, The Rest is History.To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute. Hosted on Acast. See acast.com/privacy for more information.
Want to fall in love with your ADHD brain and make it work for you? Learn more about my patented program, Your ADHD Brain is A-OK Academy here: programs.tracyotsuka.com/signup___When you're the eldest daughter of immigrants with ADHD and autism, you learn to mask early and master systems—but at what cost? Meral Alizada knows this story intimately, and she's using it to transform how companies think about neurodivergent talent.Meral is the founder of Results of Kindness (ROK), where she helps organizations build workplaces where neurodivergent minds aren't just accommodated, they're celebrated. With degrees in Law and Psychology and a background in organizational psychology, she knows how to navigate systems. But what sets her apart is how she redesigns them with empathy, creativity, and a deep understanding of what actually works for ADHD and autistic brains.Diagnosed with both ADHD and autism in her late twenties while working one-on-one with a brilliant child who shared her traits, Meral's journey from law to psychology to entrepreneurship is as nonlinear as her thinking. In this conversation, she and Tracy explore the weight of being ultra-organized out of anxiety, the loneliness of outgrowing friendships, and why our relentless drive for self-development might be our greatest superpower.Meral also breaks down her "Genius Retention" program, explaining why kindness isn't just nice to have—it's profitable. When 89% of workers want kindness in the workplace but 77% are disengaged globally, she argues that treating people as human beings strengthens the hands with which they contribute to organizations. Born to Afghan-Uzbek parents and raised across Europe, Meral brings both global perspective and deeply personal insight to the future of work.Resources:Website: https://resultsofkindness.co.uk Instagram: https://www.instagram.com/themeralalizada LinkedIn: https://www.linkedin.com/in/meralalizada Send a Message: Your Name | Email | Message Learn more by connecting with Tracy through Instagram, Facebook, LinkedIn, Pinterest, or visit adhdforsmartwomen.com.Are You Ready to Discover Your Brilliance? Order Now: https://tracyotsuka.com/book2Join Your ADHD Brain is A-OK: https://tracyotsuka.com/aok Visit our website: https://tracyotsuka.com Join our community of ADHD For Smart Ass Women: https://www.facebook.com/groups/tracyotsuka Join What Do I Do With My Life Masterclass: spyhappy.me/classUnlock your best days with Blends: https://tracyotsuka.com/blends
On this episode of the Scouting For Growth podcast, Sabine VdL talks to Geetha Sham, MD and President of CamCom in Europe, and Sathes Singam, innovation scout and programme manager at ERGO Group. In this episode we will explore how ERGO's Venture Client model turned a promising pilot into a production with great capability, then we will investigate what it really takes to deploy AI in regulated multi-market environments, and how governance – if used right – can become a growth accelerator not a roadblock. KEY TAKEAWAYS During initial discussions with our first insurance customer, we realised the process of inspection was time consuming, human heavy, subject to human fatigue resulting in expensive, long cycles and inconsistency. This gap is now filled by our AI model which provides a machine vision eye, using a mobile device accurately capturing images of vehicles which leads to damage assessments, reducing false positives. We want to democratise image capture, hence we have built our product in such a way that it can operate on any type of forum, and mobile devices made since 2016. That makes us a leader in our own area, staying focussed without scattering in the name of trying to do everything ourselves. There has been global adoption of AI – although what it does and how it is used varies – because every industry is seeing the value add. The standard way of implementing it is simple: It has to be aligned to the businesses and should not hamper the existing business or processes that exist within the industry/group. Edge cases must be addresses in a different way and modified so they are not completely controlled by the standard feedback learning. BEST MOMENTS ‘Startup collaboration, in my experience, should become top of management agenda.' ‘It's crucial to have someone locally who knows the culture in their particular country, and knows the people that need to be addressed.' ‘It's all about involving all relevant stakeholders in clear and transparent communication.' ‘Each country has local laws, so there's not only customisation, there's also localisation that has to addressed. That's where the governance model comes in handy.' ABOUT THE GUESTS Geetha Sham is MD and President of CamCom in Europe. She is a seasoned technologist and scale-up strategist who has held senior roles at Oracle and Mindtree and is now building out CamCom's European footprint from Dusseldorf. Sathes Singam is an innovation scout and programme manager at ERGO Group. He is the lynchpin behind ERGO's deployment of CamCOm across the Baltics, Europe's first testbed of this solution. ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
No BS Newshour Episode #375Michigan's Epstein IslandSHOCKING DETAILSBefore there was Jeffrey Epstein's Little St. James, Michigan had its own pedophile island owned by a millionaire tied to an international cabal of powerful people. Unlike Epstein he was able to avoid justice. They all did.(23:22) Author J. Reuben Appelman is back with the sordid story of North Fox Island in Lake Michigan and its central role in the Oakland County Child Killer cases and international child pornography ring, which remain “unsolved.”The elites knew about it. Congress even held hearings. And yet nothing was done about it.Appleman's dogged hunt takes him from Lake Michigan to Detroit's Cass Corridor to Europe and Asia.A case as fascinating as it is horrifying.(8:18) PLUS- His new book While Idaho Slept. The Hunt for Answers in the Murders of Four College Students.(0:04) AND- Don't let local news put you to sleep. Here's what you need to know in 75 seconds.NBN on YouTube: https://www.youtube.com/@NoBSNewshourNBN on iTunes: https://podcasts.apple.com/us/podcast/no-bs-newshour-with-charlie-leduff/id1754976617NBN on Spotify: https://open.spotify.com/show/0qMLWg6goiLQCRom8QNndCLike NBN on Facebook: https://www.facebook.com/LeDuffCharlieFollow to NBN on Twitter : https://x.com/charlieleduff Sponsored by American Coney Island, Pinnacle Wealth Strategies, XG Service Group, and Archangel Senior Management
U.S. tariffs have had limited impact so far on inflation and corporate earnings. Our Head of Corporate Credit Research Andrew Sheets explains why – and when – that might change.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley. Today I'm going to talk about why tariffs are showing up everywhere – but the data; and why we think this changes this quarter. It's Wednesday, July 16th at 2pm in London. Investors have faced tariff headlines since at least February. The fact that it's now mid-July and markets are still grinding higher is driving some understandable skepticism that they're going to have their promised impact. Indeed, we imagine that maybe more of one of you is groaning and saying, ‘What? Another tariff episode?' But we do think this theme remains important for markets. And above all, it's a factor we think is going to hit very soon. We think it's kind of now – the third quarter – when the promised impact of tariffs on economic data and earnings really start to come through. My colleague Jenna Giannelli and I discussed some of the reasons why, on last week's episode focused on the retail sector. But what I want to do next is give a little bit of that a broader context. Where I want to start is that it's really about tariff impact picking up right about now. The inflation readings that we got earlier this week started to show US core inflation picking up again, driven by more tariff sensitive sectors. And while second quarter earnings that are being reported right about now, we think will generally be fine, and maybe even a bit better than expected; the third quarter earnings that are going to be generated over the next several months, we think those are more at risk from tariff related impact. And again, this could be especially pronounced in the consumer and retail sector. So why have tariffs not mattered so much so far, and why would that change very soon? The first factor is that tariff rates are increasing rapidly. They've moved up quickly to a historically high 9 percent as of today; even with all of the pauses and delays. And recently announced actions by the US administration over just the last couple of weeks could effectively double this rate again -- from 9 percent to somewhere between 15 to 20 percent.A second reason why this is picking up now is that tariff collections are picking up now. US Customs collected over $26 billion in tariffs in June, which annualizes out to about 1 percent of GDP, a very large number. These collections were not nearly as high just three months ago. Third, tariffs have seen pauses and delayed starts, which would delay the impact. And tariffs also exempted goods that were in transit, which can be significant from goods coming from Europe or Asia; again, a factor that would delay the impact. But these delays are starting to come to fruition as those higher tariff collections and higher tariff rates would suggest. And finally, companies did see tariffs coming and tried to mitigate them. They ordered a lot of inventory ahead of tariff rates coming into effect. But by the third quarter, we think they've sold a lot of that inventory, meaning they no longer get the benefit. Companies ordered a lot of socks before tariffs went into effect. But by the third quarter and those third quarter earnings, we think they will have sold them all. And the new socks they're ordering, well, they come with a higher cost of goods sold. In short, we think it's reasonable to expect that the bulk of the impact of tariffs and economic and earnings data still lies ahead, especially in this quarter – the third quarter of 2025. We continue to think that it's probably in August and September rather than June-July, where the market will care more about these challenges as core inflation data continues to pick up. For credit, this leaves us with an up in quality bias, especially as we move through that August to September period. And as Jenna and I discussed last week, we are especially cautious on the retail credit sector, which we think is more exposed to these various factors converging in the third quarter. Thank you as always for your time. If you find Thoughts on the Market useful, let us know by leaving a review wherever you listen; and also tell a friend or colleague about us today.
Our analysts Paul Walsh, James Lord and Marina Zavolock discuss the dollar's decline, the strength of the euro, and the mixed impact on European equities.Read more insights from Morgan Stanley.----- Transcript -----Paul Walsh: Welcome to Thoughts on the Markets. I'm Paul Walsh, Morgan Stanley's Head of European Product. And today we're discussing the weakness we've seen year-to-date in the U.S. dollar and what this means for the European stock market.It's Tuesday, July the 15th at 3:00 PM in London.I'm delighted to be joined by my colleagues, Marina Zavolock, Morgan Stanley's Chief European Equity Strategist, and James Lord, Morgan Stanley's Chief Global FX Strategist.James, I'm going to start with you because I think we've got a really differentiated view here on the U.S. dollar. And I think when we started the year, the bearish view that we had as a house on the U.S. dollar, I don't think many would've agreed with, frankly. And yet here we are today, and we've seen the U.S. dollar weakness proliferating so far this year – but actually it's more than that.When I listen to your view and the team's view, it sounds like we've got a much more structurally bearish outlook on the U.S. dollar from here, which has got some tenure. So, I don't want to steal your thunder, but why don't you tell us, kind of frame the debate, for us around the U.S. dollar and what you're thinking.James Lord: So, at the beginning of the year, you're right. The consensus was that, you know, the election of Donald Trump was going to deliver another period of what people have called U.S. exceptionalism.Paul Walsh: Yeah.James Lord: And with that it would've been outperformance of U.S. equities, outperformance of U.S. growth, continued capital inflows into the United States and outperformance of the U.S. dollar.At the time we had a slightly different view. I mean, with the help of the economics team, we took the other side of that debate largely on the assumption that actually U.S. growth was quite likely to slow through 2025, and probably into 2026 as well – on the back of restrictions on immigration, lack of fiscal stimulus. And, increasingly as trade tariffs were going to be implemented…Paul Walsh: Yeah. Tariffs, of course…James Lord: That was going to be something that weighed on growth.So that was how we set out the beginning of the year. And as the year has progressed, the story has evolved. Like some of the other things that have happened, around just the extent to which tariff uncertainty has escalated. The section 899 debate.Paul Walsh: Yeah.James Lord: Some of the softness in the data and just the huge amounts of uncertainty that surrounds U.S. policymaking in general has accelerated the decline in the U.S. dollar. So, we do think that this has got further to go. I mean, the targets that we set at the beginning of the year, we kind of already met them. But when we published our midyear outlook, we extended the target.So, we may even have to go towards the bull case target of euro-dollar of 130.Paul Walsh: Mm-hmm.James Lord: But as the U.S. data slows and the Fed debate really kicks off where at Morgan Stanley U.S. Economics research is expecting the Fed to ultimately cut to 2.5 percent...Paul Walsh: Yeah.Lord: That's really going to really weigh on the dollar as well. And this comes on the back of a 15-year bull market for the dollar.Paul Walsh: That's right.James Lord: From 2010 all the way through to the end of last year, the dollar has been on a tear.Paul Walsh: On a structural bull run.James Lord: Absolutely. And was at the upper end of that long-term historical range. And the U.S. has got 4 percent GDP current account deficit in a slowing growth environment. It's going to be tough for the dollar to keep going up. And so, we think we're sort of not in the early stages, maybe sort of halfway through this dollar decline. But it's a huge change compared to what we've been used to. So, it's going to have big implications for macro, for companies, for all sorts of people.Paul Walsh: Yeah. And I think that last point you make is absolutely critical in terms of the implications for corporates in particular, Marina, because that's what we spend every hour of every working day thinking about. And yes, currency's been on the radar, I get that. But I think this structural dynamic that James alludes to perhaps is not really conventional wisdom still, when I think about the sector analysts and how clients are thinking about the outlook for the U.S. dollar.But the good news is that you've obviously done detailed work in collaboration with the floor to understand the complexities of how this bearish dollar view is percolating across the different stocks and sectors. So, I wondered if you could walk us through what your observations are and what your conclusions are having done the work.Marina Zavolock: First of all, I just want to acknowledge that what you just said there. My background is emerging markets and coming into covering Europe about a year and a half ago, I've been surprised, especially amid the really big, you know, shift that we're seeing that James was highlighting – how FX has been kind of this secondary consideration. In the process of doing this work, I realized that analysts all look at FX in different way. Investors all look at FX in different way. And in …Paul Walsh: So do corporates.Marina Zavolock: Yeah, corporates all look at FX in different way. We've looked a lot at that. Having that EM background where we used to think about FX as much as we thought about equities, it was as fundamental to the story...Paul Walsh: And to be clear, that's because of the volatility…Marina Zavolock: Exactly, which we're now seeing now coming into, you know, global markets effectively with the dollar moves that we've had. What we've done is created or attempted to create a framework for assessing FX exposure by stock, the level of FX mismatches, the types of FX mismatches and the various types of hedging policies that you have for those – particularly you have hedging for transactional FX mismatches.Paul Walsh: Mm-hmm.Marina Zavolock: And we've looked at this from stock level, sector level, aggregating the stock level data and country level. And basically, overall, some of the key conclusions are that the list of stocks that benefit from Euro strength that we've identified, which is actually a small pocket of the European index. That group of stocks that actually benefits from euro strength has been strongly outperforming the European index, especially year-to-date.Paul Walsh: Mm-hmm.Marina Zavolock: And just every day it's kind of keeps breaking on a relative basis to new highs. Given the backdrop of James' view there, we expect that to continue. On the other hand, you have even more exposure within the European index of companies that are being hit basically with earnings, downgrades in local currency terms. That into this earning season in particular, we expect that to continue to be a risk for local currency earnings.Paul Walsh: Mm-hmm.Marina Zavolock: The stocks that are most negatively impacted, they tend to have a lot of dollar exposure or EM exposure where you have pockets of currency weakness as well. So overall what we found through our analysis is that more than half of the European index is negatively exposed to this euro and other local currency strength. The sectors that are positively exposed is a minority of the index. So about 30 percent is either materially or positively exposed to the euro and other local currency strength. And sectors within that in particular that stand out positively exposed utilities, real estate banks. And the companies in this bucket, which we spend a lot of time identifying, they are strongly outperforming the index.They're breaking to new highs almost on a daily basis relative to the index. And I think that's going to continue into earning season because that's going to be one of the standouts positively, amid probably a lot of downgrades for companies who have translational exposure to the U.S. or EM.Paul Walsh: And so, let's take that one step further, Marina, because obviously hedging is an important part of the process for companies. And as we've heard from James, of a 15-year bull run for dollar strength. And so most companies would've been hedging, you know, dollar strength to be fair where they've got mismatches. But what are your observations having looked at the hedging side of the equation?Marina Zavolock: Yeah, so let me start with FX mismatches. So, we find that about half of the European index is exposed to some level of FX mismatches.Paul Walsh: Mm-hmm.Marina Zavolock: So, you have intra-European currency mismatches. You have companies sourcing goods in Asia or China and shipping them to Europe. So, it's actually a favorable FX mismatch. And then as far as hedging, the type of hedging that tends to happen for companies is related to transactional mismatches. So, these are cost revenue, balance sheet mismatches; cashflow distribution type mismatches. So, they're more the types of mismatches that could create risk rather than translational mismatches, which are – they're just going to happen.Paul Walsh: Yeah.Marina Zavolock: And one of the most interesting aspects of our report is that we found that companies that have advanced hedging, FX hedging programs, they first of all, they tend to outperform, when you compare them to companies with limited or no hedging, despite having transactional mismatches. And secondly, they tend to have lower share price volatility as well, particularly versus the companies with no hedging, which have the most share price volatility.So, the analysis, generally, in Europe of this most, the most probably diversified region globally, is that FX hedging actually does generate alpha and contributes to relative performance.Paul Walsh: Let's connect the two a little bit here now, James, because obviously as companies start to recalibrate for a world where dollar weakness might proliferate for longer, those hedging strategies are going to have to change.So just any kind of insights you can give us from that perspective. And maybe implications across currency markets as a result of how those behavioral changes might play out, I think would be very interesting for our listeners.James Lord: Yeah, I think one thing that companies can do is change some of the tactics around how they implement the hedges. So, this can revolve around both the timing and also the full extent of the hedge ratios that they have. I mean, some companies who are – in our conversations with them when they're talking about their hedging policy, they may have a range. Maybe they don't hedge a 100 percent of the risk that they're trying to hedge. They might have to do something between 80 and a hundred percent. So, you can, you can adjust your hedge ratios…Paul Walsh: Adjust the balances a bit.James Lord: Yeah. And you can delay the timing of them as well.The other side of it is just deciding like exactly what kind of instrument to use to hedge as well. I mean, you can hedge just using pure spot markets. You can use forward markets and currencies. You can implement different types of options, strategies.And I think this was some of the information that we were trying to glean from the survey was this question that Marina was asking about. Do you have a limited or advanced hedging program? Typically, we would find that corporates that have advanced programs might be using more options-based strategies, for example. And you know, one of the pieces of analysis in the report that my colleague Dave Adams did was really looking at the effectiveness of different strategies depending on the market environment that we're in.So, are we in a sort of risk-averse market environment, high vol environment? Different types of strategies work for different types of market environments. So, I would encourage all corporates that are thinking about implementing some kind of hedging strategy to have a look at that document because it provides a lot of information about the different ways you can implement your hedges. And some are much more cost effective than others.Paul Walsh: Marina, last thought from you?Marina Zavolock: I just want to say overall for Europe there is this kind of story about Europe has no growth, which we've heard for many years, and it's sort of true. It is true in local currency terms. So European earnings growth now on consensus estimates for this year is approaching one percent; it's close to 1 percent. On the back of the moves we've already seen in FX, we're probably going to go negative by the time this earning season is over in local currency terms. But based on our analysis, that is primarily impacted by translation.So, it is just because Europe has a lot of exposure to the U.S., it has some EM exposure. So, I would just really emphasize here that for investors; so, investors, many of which don't hedge FX, when you're comparing Europe growth to the U.S., it's probably better to look in dollar terms or at least in constant currency terms. And in dollar terms, European earnings growth at this point are 7.6 percent in dollar terms. That's giving Europe the benefit for the euro exposure that it has in other local currencies.So, I think these things, as FX starts to be front of mind for investors more and more, these things will become more common focus points. But right now, a lot of investors just compare local currency earnings growth.Paul Walsh: So, this is not a straightforward topic, and we obviously think this is a very important theme moving through the balance of this year. But clearly, you're going to see some immediate impact moving through the next quarter of earnings.Marina and James, thanks as always for helping us make some sense of it all.James Lord: Thanks, Paul.Marina Zavolock: Thank you.Paul Walsh: And to our listeners out there, thank you as always for tuning in.If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
The Gaza Humanitarian Foundation (GHF), a newly established U.S.-backed aid group distributing food in Gaza, is under fire from critics who say hundreds of Gazans have been killed near its distribution sites.But is there a bigger story here?In this episode, I sit down with Johnnie Moore, executive chairman of the GHF and former commissioner for the U.S. Commission on International Religious Freedom.“We have one mission, to feed the people of Gaza in a way that Hamas—a designated terrorist organization in the United States and Europe—can't steal the food because for many, many years, Hamas has been stealing the food of the Gazan people,” Moore says.“The problem in Gaza is that the United Nations and other international agencies created a system which empowered virtually every bad actor and every bad force in the Gaza Strip to make a bad situation worse.”Views expressed in this video are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
I'm in Shaxi, a wonderful little town in the Dali Bai Autonomous Prefecture, and I was joined here by the Columbia economic historian Adam Tooze, who shared his thoughts on what he sees happening on the ground in China. Adam's been in China for the last month and reflects on his experiences learning about the country — and even attempting the language!03:49 - The economic situation in China10:42 - Patterns of consumption in China14:38 - China's industrial policy and renewable energy 18:52 - China vs. the U.S. on renewables26:15 - China's economic engagement with the Global South33:13- Beijing's strategic shift and Europe's rethinking37:49- The recent European Parliament paper42:43 - Learning about China as an “Outsider” 51:31 - Adam's evolving views on China 59:30 - Paying it Forward01:01:07 - Recommendations Paying it Forward: Kyle Chan, Pekingology.Recommendations: Adam: Caught by the Tide, Jia Zhangke (movie).Kaiser: Empire of AI: Dreams and Nightmares in Sam Altman's OpenAI, Karen Hao (book), Vera, or Faith, Gary Shteyngart (book).See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
My guest on the show today is Ryan Telford, Head of Evidence-Based Research at MicroCapClub. In this episode, Ryan breaks down the performance and methodology behind the MC Guts MicroCap Index — a quant-driven benchmark launched by MicroCapClub to track microcap stocks in the U.S., Canada, and Europe. We discuss why Canada and Europe are outperforming while the U.S. lags in 2025, sector rotation, and how Ryan's “GUTS” framework — Growth, Undervalued, Timing, and Sentiment — identifies overlooked opportunities in the microcap universe. Ryan also shares how the index filters for quality, liquidity, and momentum, and how his research is challenging some of the conventional wisdom around dividend payers, ROIC, and the 52-week low strategy. For more information about MicroCapClub, please visit: https://microcapclub.com/ You can Follow Ryan Telford on Twitter/X @RTelford_invest: https://x.com/RTelford_Invest Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the Planet MicroCap YouTube channel. I've provided the link in the description if you'd like to subscribe. You'll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast. Subscribe here: http://bit.ly/1Q5Yfym Click here to rate and review the Planet MicroCap Podcast The Planet MicroCap Podcast is brought to you by SNN Incorporated, The Official MicroCap News Source, and the Planet MicroCap Review Magazine, the leading magazine in the MicroCap market. You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft
What happens when a former automotive executive pivots into e-commerce logistics and builds one of the fastest-scaling fulfillment companies in the world? You'll find out in this revealing conversation with Abel Horvath. In this episode of Disruptive CEO Nation, Abel Horvath, Founder and CEO of Fulfillment Hub USA joins the conversation. Starting out in Miami just months before the pandemic, Abel scaled his business to include facilities across the U.S., Europe, and South America—all while navigating global supply chain chaos, customer needs, and explosive e-commerce demand. Abel shares what it takes to lead a fast-growing logistics company, why customization is the future of fulfillment, and the unexpected lessons he's learned along the way. If you're in the business of physical products or curious about global entrepreneurship, this is a must-listen episode packed with operational wisdom, leadership insights, and inspiring grit. Here are highlights: -Abel's Journey from Volkswagen to Founder: He left a corporate job at VW to start his own fulfillment business beginning with package forwarding and expanding into global e-commerce logistics. -Global Growth in Just a Few Years: Fulfillment Hub USA now has facilities in Miami, New York, LA, San Francisco, Poland, Germany, Colombia, India, and more. -Helping Clients Sell More, Not Just Ship: The company offers product customization, website setup, and marketing support to help clients grow, not just store and ship products. -Adapting to Tariffs and Changing Margins: When tariffs increased, Abel noticed which clients could absorb the cost and which couldn't. This helped shape new strategies to serve different types of businesses. -Hard Lessons from Rapid Scaling: Abel shares the importance of cash reserves, having multiple backup plans, and building a team that's willing to grow with you even during 14-hour workdays. About the guest: Abel Horvath is the visionary founder and CEO of Fulfillment Hub USA, a rapidly scaling e-commerce logistics company. With a Ph.D. in economics and years of experience at Volkswagen Group, Abel pivoted during the early days of the pandemic to build a global fulfillment network—from Miami to Europe and South America. Under his leadership, the company has grown to include multiple U.S. hubs and international operations in Poland, Germany, Colombia, and India, with new facilities on the horizon. Passionate about innovation, Abel empowers clients with value‑add services like product customization, marketing support, and full business setup. A relentless problem‑solver, he advocates for strong cash reserves, agility, and a loyal, dedicated team to support fast-paced growth. Connect with Abel: Website: https://fulfillmenthubusa.com/ LinkedIn: https://www.linkedin.com/in/abelhorvath/ Connect with Allison: Feedspot has named Disruptive CEO Nation as one of the Top 25 CEO Podcasts on the web, and it is ranked the number 6 CEO podcast to listen to in 2025! https://podcasts.feedspot.com/ceo_podcasts/ LinkedIn: https://www.linkedin.com/in/allisonsummerschicago/ Website: https://www.disruptiveceonation.com/ #CEO #leadership #startup #founder #business #businesspodcast Learn more about your ad choices. Visit megaphone.fm/adchoices
Energy Vista: A Podcast on Energy Issues, Professional and Personal Trajectories
As energy infrastructure becomes a battlefield for hybrid threats, NATO is rethinking how to defend its member states beyond traditional warfare. In this special episode, Leslie Palti-Guzman speaks with Dr. Benedetta Berti, Director of Policy Planning at NATO's Office of the Secretary General.Together, they explore: Why energy security is central to NATO's collective defense The growing threat of sabotage, cyberattacks, and underwater cable disruption Strategic vulnerabilities in energy grids, shipping routes, and military fuel logistics NATO's evolving stance on hybrid warfare and systemic challenges posed by ChinaAlso we deep-dive on NATO's deterrence strategies, and the economic upside of defense-industrial innovation.Available on Spotify, Apple Podcasts, YouTube, and all major podcast platforms.This episode was recorded on July 10, 2025
Nanette Abuhoff Jacobson, global investments strategist for the Hartford Funds, says that uncertainty, by itself, hasn't derailed global markets and slowed growth, but that it could be starting to happen now with signs that there has been a lag time impacting tariff impacts and that core prices are starting to rise. Jacobson says that U.S. investors have become "complacent and they're pricing in a bit of a Goldilocks scenario;" she is still positive on equities, but she is underweight U.S. stocks and overweight emerging markets, Europe and Japan.Michael Gayed, portfolio manager of the new Free Markets ETF — as well as the ATAC Funds — discusses how deregulation policies will benefit certain industries and businesses and how reduced compliance and other regulatory costs will result in bigger profits and more capital expenditures, and will particularly benefit small-cap stocks. Plus, Jesse Abercrombie discusses Edward Jones' "Pulse of North America" survey — conducted at the height of April's post-tariff announcement market volatility — which showed that nearly three-quarters of Americans are optimistic about their ability to live a "financially fulfilled life" despite current, ongoing volatility concerns.
We're back from Europe and giving you the downlow on where to travel to.In Episode #485 of 'Meanderings', Juan & I discuss: a tit for tat recounting of our European travels, a garage door mishap and newfound Zen, the unique experiences of staying in hostels, the stereotypes of Germans/French people that are way too true, the beauty of Switzerland and the livability of Zurich, the luxurious yet expensive allure of the South of France and a call for more places we should visit.Huge shoutout to Lyceum & Cole McCormick for the support, we greatly appreciate it!Timeline:(00:00:00) Intro(00:00:29) Garage Zen Mode(00:06:28) London Experience(00:11:14) Juan's Rome Adventure(00:18:50) Hamburg & Hosky Summit(00:24:42) Exploring Southern France(00:39:54) Berlin Lines & Munich Drinking(00:46:14) Florence & Pisa(01:00:23) Zurich & Switzerland(01:07:57) Montenegro(01:15:12) Boostagram Lounge(01:17:30) V4V Connect with Mere Mortals:Website: https://www.meremortalspodcasts.com/Discord: https://discord.gg/jjfq9eGReUTwitter/X: https://twitter.com/meremortalspodsInstagram: https://www.instagram.com/meremortalspodcasts/TikTok: https://www.tiktok.com/@meremortalspodcastsValue 4 Value Support:Boostagram: https://www.meremortalspodcasts.com/supportPaypal: https://www.paypal.com/paypalme/meremortalspodcast
Depuis l'invasion de l'Ukraine par la Russie en 2022, près de 200 milliards d'euros d'actifs russes sont gelés en Europe. S'ils produisent toujours des intérêts, leur gestion suscite aujourd'hui de vives inquiétudes, notamment de la part de la direction d'Euroclear, géant européen du dépôt de titres. En cause : le risque juridique et financier d'une mauvaise utilisation de ces fonds. Décryptage. Depuis février 2022, l'Union européenne a gelé environ 200 milliards d'euros d'avoirs appartenant à la Banque centrale de Russie et à plusieurs entités ou individus russes. Ces fonds sont principalement logés chez Euroclear, à Bruxelles. Bien que la Russie ne puisse pas y accéder, ces actifs continuent de générer des intérêts : en 2023, ils ont rapporté plus de 4 milliards d'euros. L'Union européenne refuse pour l'instant de toucher au capital lui-même, considéré comme appartenant encore à la Russie. Cependant, les intérêts produits sont en partie utilisés pour soutenir financièrement l'Ukraine. Bruxelles envisage désormais d'aller plus loin en investissant ces liquidités dans des placements financiers susceptibles de générer davantage de revenus. À lire aussiUE: validation d'une utilisation des avoirs russes gelés pour l'Ukraine L'avertissement d'Euroclear : prudence extrême Cette possibilité d'investissement soulève de sérieuses inquiétudes. La directrice générale d'Euroclear, Valérie Urbain, a récemment tiré la sonnette d'alarme : selon elle, investir ces avoirs dans des produits financiers plus risqués reviendrait à « ouvrir la boîte de Pandore ». Le principal problème est juridique : c'est que les avoirs restent russes. Utiliser le capital, même indirectement, pourrait être perçu comme une forme d'expropriation. Et si ces investissements venaient à mal tourner, Euroclear, en tant que dépositaire, pourrait être tenue de rembourser la Russie sans avoir les fonds disponibles. Un risque systémique pour l'Europe Au-delà du cas russe, ce débat soulève une question plus large sur la sécurité juridique des capitaux étrangers détenus en Europe. Une décision précipitée ou risquée pourrait saper la confiance des investisseurs internationaux et faire grimper le coût de la dette pour les pays européens. C'est précisément ce que redoute Euroclear : que l'Europe, en exploitant ces avoirs russes, déclenche une crise de confiance majeure sur les marchés mondiaux. Le sujet sera d'ailleurs au cœur des discussions à Bruxelles dans les semaines à venir, lors d'un nouveau round de négociations mené par la Commission européenne. À lire aussiL'UE annonce un prêt de 35 milliards d'euros à l'Ukraine financé par les avoirs gelés russes
Send us a textThe chaos engulfing our world serves a dual purpose – it's both a warning sign of prophesied end times and Satan's masterful distraction from our true mission. From Ukraine to cultural clashes across Europe, from rising anti-Semitism to rampant lawlessness, the spiritual battle behind global headlines grows more evident daily."If you don't think that we're at the end or close to it, you're not paying attention," Russ Galzo warns while unpacking how current events align with biblical prophecy. Yet rather than obsessing over rapture timelines, he challenges believers to refocus on Christ's commission. The enemy deploys sophisticated diversions, like the sensationalized Jeffrey Epstein saga, creating smoke screens that pull Christians away from meaningful kingdom work and gospel conversations.What makes this spiritual warfare so intriguing is its paradoxical nature. While a great falling away occurs in many Western nations, God simultaneously orchestrates remarkable movements elsewhere. In India, thousands flock to Calvary Temple hours before dawn each Sunday, filling multiple services across massive sanctuaries. This divine contrast reveals God's dual work: judgment and revival occupying the same historical moment.Drawing from Jeremiah 18, Scalzo delivers a sobering reminder that God sometimes allows hardship to redirect wandering hearts. "We can wake up tomorrow morning and be in a different world," he observes, highlighting that genuine security exists only in Christ. When believers walk God's highway rather than worldly side roads, they discover peace amid chaos – perhaps the most compelling testimony to share with a frightened world. Keep looking up; the King is coming!Support the show
La opinión de los mercados y los sectores con José Ramón Iturriaga, gestor de Okavango Delta, Kalahari, Spanish Opportunities y Abante Sector Inmobiliario, en Abante; y Juan Enrique Cadiñanos, Head of Europe para Naga Markets.
La toponymie, la première fois que j'ai lu ce mot je n'avais pas idée de ce dont il s'agissait, encore aujourd'hui j'ai des questions rien qu'à l'évoquer. La toponymie, ou l'art de nommer les lieux, constitue un enjeu central dans les relations internationales, à la croisée de la géopolitique, de la mémoire collective, de la diplomatie et de la décolonisation. Elle façonne la manière dont les territoires sont perçus, revendiqués, administrés, et parfois contestés. Un sujet ardu en somme qui mêle culture générale, géographie, politique, histoire, traditions, colonisation, etc. Un sujet qui en regroupent d'autres en somme. Pour en dessiner les contours concrets, nous allons aborder différentes situations, différents lieux et territoires, marqués de leur complexité : dit-on le Proche-Orient ou le Moyen-Orient ? faut-il parler du golfe du Mexique ou du gulf of America. Envisageons donc ensemble les enjeux de la toponymie dans les relations internationales Pour ce faire, nous recevons À NOUVEAU Franck Vermeulen. Franck Vermeulen, vous êtes est Diplomate de carrière depuis plus de 30 ans dont une vingtaine d'années de service à l'étranger principalement au Moyen Orient mais aussi en Europe et en Afrique. Vous avez notamment exercé des fonctions de chef de poste comme consul général de France mais aussi des fonctions politiques comme rédacteur au quai d'Orsay ou comme conseiller d'ambassade ou conseiller culturel.
In part two of our miniseries on execution, executive coach Audrey Camp returns to unpack the hardest part of running a company: Focus. Why is it so elusive, even for the most driven founders? How do OKRs help cut through the noise? And what happens when teams lose focus—and motivation?Lucas and Audrey dig deep into how execution thrives when everyone is aligned, and how focus isn't just a mindset—it's a system.In this episode you'll learn:Why most companies are 30% less effective than they could be—due to lack of focusHow OKRs help organizations say no to distractions (even tempting ones)The difference between being busy and being effectiveHow to recognize and reward the right work, not just the visible or heroicWhy performance struggles are often rooted in poor focus, not poor effortAbout Audrey Camp:Audrey is an executive coach working with scaleups across Europe. With a background in communication and deep experience from Cognite, she helps leaders grow into their roles, define what matters, and execute with clarity and impact.Host: Lucas Weldeghebriel, editor in chief and CEO in Shifter.
Donald Trump is growing impatient with Russian President Vladimir Putin, publicly lamenting earlier this week the fact that Russia hasn't agreed to a peace deal with Ukraine.Trump also promised new tariffs if a peace deal doesn't come in 50 days. New sanctions are on the table, too.With NATO's secretary general, Mark Rutte, by his side, Trump also announced the U.S. would help Europe send more weapons to Ukraine. Under the arrangement, NATO would buy American weapons and pass them to Kyiv.We discuss what U.S. support for Ukraine means for the conflict. Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Thirty-three years after the fall of Napoleon Bonaparte’s Empire, his nephew (known as Napoleon III) became the first president of France before becoming emperor himself. Although he was a capable ruler and reformer, Napoleon III’s failed military campaigns, especially France’s loss to Germany in the Franco-Prussian War, led to his defeat, capture, and the fall of the Second French Empire and permanent eclipse of Germany in military power. Many historians have blamed Napoleon III’s wife for his failings. Eugénie de Montijo was a Spanish noblewoman who became the last French empress. She was a cultural tastemaker and activist for feminist equality, but many blame her blunders when she held power as regent for France’s worst failures and reckless rush into a ruinous war with Germany. But the story of her life has rarely been told in full. It was a career filled with glamour, achievement, and tragedy, as well as contributions that transformed the nation she ruled unlike any other royal noblewoman in Europe. She spearheaded movements in health and education to help transform France into a modern country. She pushed Parisian architecture toward steel and glass construction of buildings as well as for inclusion of green spaces throughout the city, many of which exist today. Most of all, she crafted much of the idea of what it means to be French in the modern era. Today’s guests are Petie Kladstrup and Evelyne Resnick, authors of “The Last Empress of France: The Rebellious Life of Eugénie de Montijo.”See omnystudio.com/listener for privacy information.
In this episode of The President's Daily Brief: President Trump unveils a dramatic shift in U.S. strategy—arming Europe to arm Ukraine—while putting Putin on a 50-day deadline to strike a peace deal or face crushing sanctions. Iran threatens retaliation if the United Nations reimposes sanctions over its nuclear program, as European leaders weigh triggering the snapback mechanism. Massive military drills kick off in Australia, with 35,000 troops from 19 countries participating—and Chinese spy ships reportedly watching from just offshore. And in today's Back of the Brief: A scathing new Senate report reveals that the Secret Service repeatedly ignored warnings in the lead-up to the failed assassination attempt on Donald Trump in Butler, Pennsylvania. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Birch Gold: Text PDB to 989898 and get your free info kit on gold American Financing: Call American Financing today to find out how customers are saving an avg of $800/mo. 866-885-1881 or visit http://www.AmericanFinancing.net/PDB . NMLS 182334, nmlsconsumeraccess.org Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we welcome Rod Dreher to the show. He is a conservative writer, editor, producer, and documentarian. He has a new book and an Angel Studios documentary series called “Live Not by Lies”. In this interview, we discuss why totalitarianism is on the rise, what we can learn from the totalitarian regimes of the 20th century, the difference between soft totalitarianism and hard totalitarianism, how abortion and the trans issue are related to attacks on truth, how Christians have to accept persecution and marginalization without fighting back in order for totalitarianism to work, how churches in America are doing a poor job of preparing Christians for the fight, why he lives in Hungary, how the mass migration of Islamists into European countries could spell the death of Europe, and much more. Let's get into it… Episode notes and links HERE. Donate to support our mission of equipping men to push back darkness. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Fine Tooning, Jim Hill and Drew Taylor dig into a wide-ranging conversation about box office trends, Comic-Con reveals, and the growing debate around casting A-list celebrities in animated films. Highlights include: Paramount debuts the first teaser for The SpongeBob Movie: Search for SquarePants – Mark Hamill joins as the Flying Dutchman, and Jim reflects on the franchise's enduring magic. Godzilla's 70th anniversary celebration hits San Diego Comic-Con – Drew previews his panel, and Jim geeks out over Super7's pop-up recreating the “Godzilla Minus One” train scene. Chris Pratt returns for Garfield 2 – But should Hollywood rely less on celebrities and more on trained voice actors? Jim revisits old rants and Billy West's take on the trend. Michelle Yeoh joins the English dub of Ne Zha 2 – Now the highest-grossing animated film globally, the dubbed version hits U.S. theaters in August. Aztec Batman: Clash of Empires – Warner Bros. Animation unveils a visually stunning reimagining of the Dark Knight at Comic-Con. Plus: tributes to Pokémon voice legend James Carter Cathcart, Bugs Bunny's 85th birthday at the Hollywood Bowl, and a sneak peek at Bluey at the Cinema: Let's Play Chef coming soon to Europe. It's an episode packed with nostalgia, news, and insights from both coasts as Jim and Drew tackle everything from kaiju cosplay to cartoon casting. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our analysts Paul Walsh, James Lord and Marina Zavolock discuss the dollar's decline, the strength of the euro, and the mixed impact on European equities.Read more insights from Morgan Stanley.----- Transcript -----Paul Walsh: Welcome to Thoughts on the Markets. I'm Paul Walsh, Morgan Stanley's Head of European Product. And today we're discussing the weakness we've seen year-to-date in the U.S. dollar and what this means for the European stock market. It's Tuesday, July the 15th at 3:00 PM in London.I'm delighted to be joined by my colleagues, Marina Zavolock, Morgan Stanley's Chief European Equity Strategist, and James Lord, Morgan Stanley's Chief Global FX Strategist. James, I'm going to start with you because I think we've got a really differentiated view here on the U.S. dollar. And I think when we started the year, the bearish view that we had as a house on the U.S. dollar, I don't think many would've agreed with, frankly. And yet here we are today, and we've seen the U.S. dollar weakness proliferating so far this year – but actually it's more than that.When I listen to your view and the team's view, it sounds like we've got a much more structurally bearish outlook on the U.S. dollar from here, which has got some tenure. So, I don't want to steal your thunder, but why don't you tell us, kind of frame the debate, for us around the U.S. dollar and what you're thinking.James Lord: So, at the beginning of the year, you're right. The consensus was that, you know, the election of Donald Trump was going to deliver another period of what people have called U.S. exceptionalism. Paul Walsh: Yeah.James Lord: And with that it would've been outperformance of U.S. equities, outperformance of U.S. growth, continued capital inflows into the United States and outperformance of the U.S. dollar. At the time we had a slightly different view. I mean, with the help of the economics team, we took the other side of that debate largely on the assumption that actually U.S. growth was quite likely to slow through 2025, and probably into 2026 as well – on the back of restrictions on immigration, lack of fiscal stimulus. And, increasingly as trade tariffs were going to be implemented…Paul Walsh: Yeah. Tariffs, of course…James Lord: That was going to be something that weighed on growth.So that was how we set out the beginning of the year. And as the year has progressed, the story has evolved. Like some of the other things that have happened, around just the extent to which tariff uncertainty has escalated. The section 899 debate. Paul Walsh: Yeah. James Lord: Some of the softness in the data and just the huge amounts of uncertainty that surrounds U.S. policymaking in general has accelerated the decline in the U.S. dollar. So, we do think that this has got further to go. I mean, the targets that we set at the beginning of the year, we kind of already met them. But when we published our midyear outlook, we extended the target.So, we may even have to go towards the bull case target of euro-dollar of 130.Paul Walsh: Mm-hmm. James Lord: But as the U.S. data slows and the Fed debate really kicks off where at Morgan Stanley U.S. Economics research is expecting the Fed to ultimately cut to 2.5 percent... Paul Walsh: Yeah. Lord: That's really going to really weigh on the dollar as well. And this comes on the back of a 15-year bull market for the dollar. Paul Walsh: That's right. James Lord: From 2010 all the way through to the end of last year, the dollar has been on a tear. Paul Walsh: On a structural bull run.James Lord: Absolutely. And was at the upper end of that long-term historical range. And the U.S. has got 4 percent GDP current account deficit in a slowing growth environment. It's going to be tough for the dollar to keep going up. And so, we think we're sort of not in the early stages, maybe sort of halfway through this dollar decline. But it's a huge change compared to what we've been used to. So, it's going to have big implications for macro, for companies, for all sorts of people.Paul Walsh: Yeah. And I think that last point you make is absolutely critical in terms of the implications for corporates in particular, Marina, because that's what we spend every hour of every working day thinking about. And yes, currency's been on the radar, I get that. But I think this structural dynamic that James alludes to perhaps is not really conventional wisdom still, when I think about the sector analysts and how clients are thinking about the outlook for the U.S. dollar. But the good news is that you've obviously done detailed work in collaboration with the floor to understand the complexities of how this bearish dollar view is percolating across the different stocks and sectors. So, I wondered if you could walk us through what your observations are and what your conclusions are having done the work.Marina Zavolock: First of all, I just want to acknowledge that what you just said there. My background is emerging markets and coming into covering Europe about a year and a half ago, I've been surprised, especially amid the really big, you know, shift that we're seeing that James was highlighting – how FX has been kind of this secondary consideration. In the process of doing this work, I realized that analysts all look at FX in different way. Investors all look at FX in different way. And in …Paul Walsh: So do corporates.Marina Zavolock: Yeah, corporates all look at FX in different way. We've looked a lot at that. Having that EM background where we used to think about FX as much as we thought about equities, it was as fundamental to the story...Paul Walsh: And to be clear, that's because of the volatility…Marina Zavolock: Exactly, which we're now seeing now coming into, you know, global markets effectively with the dollar moves that we've had. What we've done is created or attempted to create a framework for assessing FX exposure by stock, the level of FX mismatches, the types of FX mismatches and the various types of hedging policies that you have for those – particularly you have hedging for transactional FX mismatches. Paul Walsh: Mm-hmm. Marina Zavolock: And we've looked at this from stock level, sector level, aggregating the stock level data and country level. And basically, overall, some of the key conclusions are that the list of stocks that benefit from Euro strength that we've identified, which is actually a small pocket of the European index. That group of stocks that actually benefits from euro strength has been strongly outperforming the European index, especially year-to-date.Paul Walsh: Mm-hmm.Marina Zavolock: And just every day it's kind of keeps breaking on a relative basis to new highs. Given the backdrop of James' view there, we expect that to continue. On the other hand, you have even more exposure within the European index of companies that are being hit basically with earnings, downgrades in local currency terms. That into this earning season in particular, we expect that to continue to be a risk for local currency earnings. Paul Walsh: Mm-hmm.Marina Zavolock: The stocks that are most negatively impacted, they tend to have a lot of dollar exposure or EM exposure where you have pockets of currency weakness as well. So overall what we found through our analysis is that more than half of the European index is negatively exposed to this euro and other local currency strength. The sectors that are positively exposed is a minority of the index. So about 30 percent is either materially or positively exposed to the euro and other local currency strength. And sectors within that in particular that stand out positively exposed utilities, real estate banks. And the companies in this bucket, which we spend a lot of time identifying, they are strongly outperforming the index.They're breaking to new highs almost on a daily basis relative to the index. And I think that's going to continue into earning season because that's going to be one of the standouts positively, amid probably a lot of downgrades for companies who have translational exposure to the U.S. or EM.Paul Walsh: And so, let's take that one step further, Marina, because obviously hedging is an important part of the process for companies. And as we've heard from James, of a 15-year bull run for dollar strength. And so most companies would've been hedging, you know, dollar strength to be fair where they've got mismatches. But what are your observations having looked at the hedging side of the equation?Marina Zavolock: Yeah, so let me start with FX mismatches. So, so we find that about half of the European index is exposed to some level of FX mismatches. Paul Walsh: Mm-hmm. Marina Zavolock: So, you have intra-European currency mismatches. You have companies sourcing goods in Asia or China and shipping them to Europe. So, it's actually a favorable FX mismatch. And then as far as hedging, the type of hedging that tends to happen for companies is related to transactional mismatches. So, these are cost revenue, balance sheet mismatches; cashflow distribution type mismatches. So, they're more the types of mismatches that could create risk rather than translational mismatches, which are – they're just going to happen.Paul Walsh: Yeah. Marina Zavolock: And one of the most interesting aspects of our report is that we found that companies that have advanced hedging, FX hedging programs, they first of all, they tend to outperform, when you compare them to companies with limited or no hedging, despite having transactional mismatches. And secondly, they tend to have lower share price volatility as well, particularly versus the companies with no hedging, which have the most share price volatility. So, the analysis, generally, in Europe of this most, the most probably diversified region globally, is that FX hedging actually does generate alpha and contributes to relative performance.Paul Walsh: Let's connect the two a little bit here now, James, because obviously as companies start to recalibrate for a world where dollar weakness might proliferate for longer, those hedging strategies are going to have to change.So just any kind of insights you can give us from that perspective. And maybe implications across currency markets as a result of how those behavioral changes might play out, I think would be very interesting for our listeners.James Lord: Yeah, I think one thing that companies can do is change some of the tactics around how they implement the hedges. So, this can revolve around both the timing and also the full extent of the hedge ratios that they have. I mean, some companies who are – in our conversations with them when they're talking about their hedging policy, they may have a range. Maybe they don't hedge a 100 percent of the risk that they're trying to hedge. They might have to do something between 80 and a hundred percent. So, you can, you can adjust your hedge ratios…Paul Walsh: Adjust the balances a bit.James Lord: Yeah. And you can delay the timing of them as well.The other side of it is just deciding like exactly what kind of instrument to use to hedge as well. I mean, you can hedge just using pure spot markets. You can use forward markets and currencies. You can implement different types of options, strategies. And I think this was some of the information that we were trying to glean from the survey was this question that Marina was asking about. Do you have a limited or advanced hedging program? Typically, we would find that corporates that have advanced programs might be using more options-based strategies, for example. And you know, one of the pieces of analysis in the report that my colleague Dave Adams did was really looking at the effectiveness of different strategies depending on the market environment that we're in.So, are we in a sort of risk-averse market environment, high vol environment? Different types of strategies work for different types of market environments. So, I would encourage all corporates that are thinking about implementing some kind of hedging strategy to have a look at that document because it provides a lot of information about the different ways you can implement your hedges. And some are much more cost effective than others.Paul Walsh: Marina, last thought from you? Marina Zavolock: I just want to say overall for Europe there is this kind of story about Europe has no growth, which we've heard for many years, and it's sort of true. It is true in local currency terms. So European earnings growth now on consensus estimates for this year is approaching one percent; it's close to 1 percent. On the back of the moves we've already seen in FX, we're probably going to go negative by the time this earning season is over in local currency terms. But based on our analysis, that is primarily impacted by translation.So, it is just because Europe has a lot of exposure to the U.S., it has some EM exposure. So, I would just really emphasize here that for investors; so, investors, many of which don't hedge FX, when you're comparing Europe growth to the U.S., it's probably better to look in dollar terms or at least in constant currency terms. And in dollar terms, European earnings growth at this point are 7.6 percent in dollar terms. That's giving Europe the benefit for the euro exposure that it has in other local currencies. So, I think these things, as FX starts to be front of mind for investors more and more, these things will become more common focus points. But right now, a lot of investors just compare local currency earnings growth.Paul Walsh: So, this is not a straightforward topic, and we obviously think this is a very important theme moving through the balance of this year. But clearly, you're going to see some immediate impact moving through the next quarter of earnings. Marina and James, thanks as always for helping us make some sense of it all.James Lord: Thanks, Paul. Marina Zavolock: Thank you.Paul Walsh: And to our listeners out there, thank you as always for tuning in.If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
Across political, social, and spiritual spheres, humanity faces a reckoning with the structures of power that shape our world—and the urgent need to turn from putting our faith in unreliable actors in favor of putting our faith in ourselves and responding to oppression with collective action.The recent acquittal of the police officer killers of Tyre Nichols, Donald Trump's continued assaults on both international institutions and domestic democratic norms, and the rising threat of regional international wars are all points of entry for deeper reflection on the meaning of collective human purpose—focusing on broad movements for liberating social change despite the constant noise of daily events. Against this backdrop, the selection of Pope Leo XIV (Cardinal Robert Francis Prevost) as the leader of the world's 1.4 billion Catholics raises a pressing question: How can moments that command the attention of billions signal a renewed call to renegotiate the foundations of the modern world order?At this critical juncture—amid the accelerating decline of the Age of Europe and White World Supremacy and the emergence of truly multipolar global relationships—even faith, whether in the divine or in each other, can feel insufficient. But history reminds us that, while individuals alone cannot dismantle entrenched institutions, people acting together can. As U.S. courts begin to challenge the most flagrantly illegal acts of federalized white nationalism, and as institutions such as markets and universities resist authoritarian pressure, more and more people are turning to the most potent force in any society: collective action. Whether through town halls, protests, or civil disobedience, communities are rising up.As this commencement season—a time of hope and renewal—unfolds, we are reminded of a timeless truth: belief must be made real through action.JOIN KNARRATIVE: https://www.knarrative.com it's the only way to get into #Knubia, where these classes areheld live with a live chat.To shop Go to:TheGlobalMajorityMore from us:Knarrative Twitter: https://twitter.com/knarrative_Knarrative Instagram: https://www.instagram.com/knarrative/In Class with Carr Twitter: https://twitter.com/inclasswithcarrSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode, we delve into the astonishing 1952 Washington D.C. UFO Incident, a wave of sightings that shook the heart of the U.S. capital. For two weekends in July, radar operators and pilots tracked unidentified objects darting through restricted airspace near the White House and Capitol, appearing as glowing orbs and streaks of light that outran pursuing military jets. We reveal the events that sparked widespread curiosity and forced a government response. Were these alien crafts, secret tech, or something natural. Tune in for a dive into a historic mystery that still stirs debate.Brief Encounters is a tightly produced, narrative podcast that dives headfirst into the world of UFO sightings, the paranormal, cryptids, myths, and unexplained legends. From ancient sky wars to modern close encounters, each episode takes listeners on a journey through some of the most mysterious and compelling cases in human history. Whether it's a well-documented military sighting or an eerie village legend whispered across generations, Brief Encounters delivers each story with atmosphere, depth, and cinematic storytelling. Episodes are short and binge-worthy perfect for curious minds on the go. In just 5 to 10 minutes, listeners are pulled into carefully researched accounts that blend historical context, eyewitness testimony, and chilling details. The series moves between eras and continents, uncovering not only the famous cases you've heard of, but also the forgotten incidents that deserve a closer look. Each story is treated with respect, skepticism, and wonder offering both seasoned enthusiasts and casual listeners something fresh to consider. Whether it's a 15th-century sky battle over Europe, a cryptid sighting in a remote forest, or a modern-day abduction report from rural America, Brief Encounters is your guide through the shadows of our world and the stories that refuse to be explained.UFO Chronicles Podcast can be found on all podcast players and on the website: https://ufochroniclespodcast.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/ufo-chronicles-podcast--3395068/support.
Ibrahim Akasha was the kingpin of East Africa's heroin highway, setting up a massive tracking empire that stretched from Afghanistan, Pakistan and Iran to Kenya, South Africa and Europe. When he was gunned down in 2000, his sons stepped into the void, hungrier and even more violent...but also, more sloppy. They struck deals with Pakistani mobsters and Colombian cartels, turning Kenya's ports into gateways for global dope. But their empire crumbled in a DEA sting straight out of a Hollywood script. Learn more about your ad choices. Visit megaphone.fm/adchoices
Well, sober Kamar is world traveler, apparently. Our boy is leaving us for the rest of the month to tour Europe. It would only make sense that Kamar gets sober and gets rich within two years. Enjoy! This episode is sponsored by BetterHelp. Give therapy a try at betterhelp.com/jree and get on your way to being your best self! For advertising inquiries, please visit: https://www.advertisecast.com/TheJoeRoganExperienceExperience As always, you can listen to every episode of The Joe Rogan Experience here https://open.spotify.com/show/4rOoJ6Egrf8K2IrywzwOMk Support us here: https://www.patreon.com/jreepodcast Follow Joe on Instagram here: https://www.instagram.com/joerogan Follow Jamie on Instagram here: https://www.instagram.com/jamievernon Follow us on Instagram here: https://www.instagram.com/jreepodcast/ Follow Kamar on Instagram here: https://www.instagram.com/kamar_babar/ Follow Floyd on Instagram here: https://www.instagram.com/floydeeeee Follow the Subreddit here: https://www.reddit.com/r/jreepodcast/ Subscribe to our YouTube channel here: https://www.youtube.com/jreepodcast Beats by: Ghettosocks here: https://open.spotify.com/artist/1AeYteGuRWeFyptpSz0y5b Movie Game Jingle by: https://www.instagram.com/tylerdevall/
On this Tuesday edition of Sid & Friends in the Morning, Curtis Sliwa is live in-studio once again alongside T.J. McCormack and later joined by John Catsimatidis, as the trio substitute for morning show host Sid Rosenberg while he's on vacation in Europe. In news of the day, extreme weather hits New York City with flash floods, the evolving NYC Mayoral race in NYC and candidate Andrew Cuomo announcing he will be running in the general election in November on an independent line, further strategizing in regard to overcoming the rise of socialist candidate Zohran Mamdani. Curtis, John & T.J. also touch upon national political dynamics, FBI internal conflicts, and the influence of significant funding from Working Families Party, raising concerns over transparency in campaign financing. Rich Lowry, Bo Dietl, Alan Dershowitz, Ed Cox, Judge Richard Weinberg & George Venizuelos join the show on this Tuesday installment of Sid & Friends in the Morning. Learn more about your ad choices. Visit megaphone.fm/adchoices
Through most of history, monarchs wielded unlimited political and military power, while their Queens and consorts were in charge of producing heirs and ruling the hearts of the people. Since the fall of feudalism, the 10 remaining hereditary monarchs of Europe have lost their unchecked authority. But their spouses' so called ‘soft powers' of hosting diplomats, supporting charities and greeting the public are more important than ever. And they look fabulous doing it! Let's meet the Queens consort of Belgium, The Netherlands, Norway, Spain, Sweden, and the United Kingdom, the Grand duchess of Luxembourg, and the Princess of Monaco. We'll also meet the Prince consort of Denmark and the Princess of Liechtenstein who have both recently died. Queen Mathilde of Belgium Queen Mary of Denmark Queen Máxima of the Netherlands Queen Sonja of Norway Queen Letizia of Spain Queen Silvia of Sweden Queen Camilla of the United Kingdom Grand Duchess Maria Teresa of Luxembourg Princess Marie of Liechtenstein Princess Charlene of Monaco Join me every Tuesday when I'm Spilling the Tea on History! Check out my Youtube Channel: https://www.youtube.com/c/lindsayholiday Follow me on Facebook: https://www.facebook.com/profile.php?id=100091781568503 Instagram: https://www.instagram.com/historyteatimelindsayholiday/ Tik Tok: https://www.tiktok.com/@historyteatime Please consider supporting me at https://www.patreon.com/LindsayHoliday and help me make more fascinating episodes! Intro Music: Baroque Coffee House by Doug Maxwell Music: Brandenburg Concerto No4-1 BWV1049 - Classical Whimsical by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100303 Artist: http://incompetech.com/ #HistoryTeaTime #LindsayHoliday Please contact advertising@airwavemedia.com if you would like to advertise on this podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this Live Greatly podcast episode, Kristel Bauer sits down with Adam Christing, professional speaker, clean comedy expert, and founder of Clean Comedians®. Kristel and Adam discuss his upcoming book, The Laughter Factor: The 5 Humor Tactics to Link, Lift, and Lead. They also chat about tips to add more humor into your personal and proffesional life. Tune in now! Key Takeaways From This Episode: Insights to discover your laugh language Why humor and laughter are important How to overcome the nervousness that can surface when you try something new The importance of clean comedy A look into Adam's book, The Laughter Factor: The 5 Humor Tactics to Link, Lift, and Lead ABOUT ADAM CHRISTING Adam Christing is the author of The Laughter Factor: The 5 Humor Tactics to Link, Lift, and Lead and he is a highly sought-after professional speaker and masters of ceremonies. With a signature blend of humor and heart, Adam has hosted events for a wide range of organizations—from Stanford University to the Green Bay Packers. Named Best Event Emcee by Best of Los Angeles in 2021, he brings high energy, quick wit, and seamless professionalism to every stage he steps on. As a humor expert and the founder and CEO of Clean Comedians®, Adam champions the power of laughter to inspire, connect, and create unforgettable experiences, without the need for profanity or politics. He speaks at more than 100 events each year, captivating audiences of 150 to 3,000 people with his dynamic presence and message-driven comedy. Adam has been featured on Entertainment Tonight and in more than 100 podcasts, TV, and radio programs. His warm-hearted comedy has delighted over a million people across 49 U.S. states, as well as in Canada, Europe, and Asia. He holds a degree in public speaking from Biola University and has been spotlighted in USA Today, The New York Times, Los Angeles Times, and Entertainment Weekly. Whether he's emceeing a corporate conference, delivering a keynote, or hosting a virtual event, Adam is known for making every moment count, and every audience feel seen, heard, and entertained. Connect with Adam: Order: The Laughter Factor: The 5 Humor Tactics to Link, Lift, and Lead LinkedIn: https://www.linkedin.com/in/adam-christing/ Website: https://adamchristing.com/ About the Host of the Live Greatly podcast, Kristel Bauer: Kristel Bauer is a corporate wellness and performance expert, keynote speaker and TEDx speaker supporting organizations and individuals on their journeys for more happiness and success. She is the author of Work-Life Tango: Finding Happiness, Harmony, and Peak Performance Wherever You Work (John Murray Business November 19, 2024). With Kristel's healthcare background, she provides data driven actionable strategies to leverage happiness and high-power habits to drive growth mindsets, peak performance, profitability, well-being and a culture of excellence. Kristel's keynotes provide insights to “Live Greatly” while promoting leadership development and team building. Kristel is the creator and host of her global top self-improvement podcast, Live Greatly. She is a contributing writer for Entrepreneur, and she is an influencer in the business and wellness space having been recognized as a Top 10 Social Media Influencer of 2021 in Forbes. As an Integrative Medicine Fellow & Physician Assistant having practiced clinically in Integrative Psychiatry, Kristel has a unique perspective into attaining a mindset for more happiness and success. Kristel has presented to groups from the American Gas Association, Bank of America, bp, Commercial Metals Company, General Mills, Northwestern University, Santander Bank and many more. Kristel has been featured in Forbes, Forest & Bluff Magazine, Authority Magazine & Podcast Magazine and she has appeared on ABC 7 Chicago, WGN Daytime Chicago, Fox 4's WDAF-TV's Great Day KC, and Ticker News. Kristel lives in the Fort Lauderdale, Florida area and she can be booked for speaking engagements worldwide. To Book Kristel as a speaker for your next event, click here. Website: www.livegreatly.co Follow Kristel Bauer on: Instagram: @livegreatly_co LinkedIn: Kristel Bauer Twitter: @livegreatly_co Facebook: @livegreatly.co Youtube: Live Greatly, Kristel Bauer To Watch Kristel Bauer's TEDx talk of Redefining Work/Life Balance in a COVID-19 World click here. Click HERE to check out Kristel's corporate wellness and leadership blog Click HERE to check out Kristel's Travel and Wellness Blog Disclaimer: The contents of this podcast are intended for informational and educational purposes only. Always seek the guidance of your physician for any recommendations specific to you or for any questions regarding your specific health, your sleep patterns changes to diet and exercise, or any medical conditions. Always consult your physician before starting any supplements or new lifestyle programs. All information, views and statements shared on the Live Greatly podcast are purely the opinions of the authors, and are not medical advice or treatment recommendations. They have not been evaluated by the food and drug administration. Opinions of guests are their own and Kristel Bauer & this podcast does not endorse or accept responsibility for statements made by guests. Neither Kristel Bauer nor this podcast takes responsibility for possible health consequences of a person or persons following the information in this educational content. Always consult your physician for recommendations specific to you.
In this episode of Coin Stories, Natalie Brunell sits down with Mike Benz, Executive Director of FFO: the Foundation For Freedom Online, about the rise of digital censorship, the intelligence industrial complex, and how the Jeffrey Epstein case exposes deeper ties between intelligence agencies, organized crime networks, and elite power grabs. Will we ever get the truth? Natalie and Mike also explore the global rise of financial surveillance and Bitcoin's role in defending digital freedom. As Bitcoin hits new all-time highs, they discuss stablecoins propping up the U.S. dollar and whether decentralized money threatens centralized control and restores individual sovereignty. Follow Mike Benz on X at https://x.com/mikebenzcyber In this episode, you'll hear: How state-sponsored censorship operates in the digital age The latest on the Jeffrey Epstein case and why we're not getting accountability The role of intelligence agencies in online narrative enforcement Why Bitcoin is a tool for resistance in an age of increasing digital tyranny What rising Bitcoin prices signal about stablecoins and the global demand for monetary sovereignty ---- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Sign up today to earn a $200 intro Bitcoin bonus. The Gemini Credit Card is issued by WebBank. See website for rates & fees. Checking if you're eligible will not impact your credit score. If you're eligible and choose to proceed, a hard credit inquiry will be conducted that can impact your credit score. Eligibility does not guarantee approval. 10% back at golf courses is available until 9/30/2025 on up to $250 in spend per month. Learn more at https://www.gemini.com/natalie ---- Coin Stories is powered by Bitwise. Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Learn more at https://www.Ledn.io/natalie ---- Natalie's Bitcoin Product and Event Links: Earn 2-4% back in Bitcoin on all your purchases with the orange Gemini Bitcoin credit card: https://www.gemini.com/natalie Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: https://www.casa.io/natalie Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/ Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/event/bitcoin-2026?promoCodeTask=apply&promoCodeInput= Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie Your Bitcoin oasis awaits at Camp Nakamoto: A retreat for Bitcoiners, by Bitcoiners. Code HODL for discounted passes: https://massadoptionbtc.ticketspice.com/camp-nakamoto ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing
Mortgages - or home loans - are commonly taken out in countries with high homeownership rates. In some parts of the world, the majority of people own their homes outright, but in the US, parts of western Europe and the UK, most buyers require a mortgage to get on the property ladder. Home loans are sensitive to interest rates, which have been falling in many major economies. We hear how that's changing mortgage lengths and styles in different jurisdictions. We hear how the Dutch mortgage is becoming popular elsewhere, and what we can learn from each country's approach. If you would like to get in touch with the show, please email: businessdaily@bbc.co.ukPresented and produced by Rick Kelsey(Picture: Happy woman and man sitting on the floor with coffee cups, next to boxes and cats, in their new home. Credit: Getty Images)
Karl Morris is an instructor, an author, a podcaster and one of the leading minds in golf instruction. Widely recognized as Europe's leading performance coach, Karl has worked with 6 Major Championship winners and over 100 PGA Tour, European Tour, LPGA and Ladies European Tour golfers. He joins #OntheMark to share insights on a new concept he has been using to help golfers, of all skill levels, to better levels of focus in practice, play and competition. Karl describes "One Point" and the elements to applying it for narrowed, more productive focus and attention. He elaborates on One Point's 5 Points of Attention: Target Ball Flight Golf-Club Face Body Center Point, and an Element Unrelated to the Task Karl also teaches on topics like: Becoming your own Golf Shot Coach Solving the Puzzles of Golf Training around Impact Conditions Clarity of Intention, and Some Advice on Success from Coach Lou Holtz Help yourself to play and focus with more intent and better attention, while you develop both your "playing mindset' and your "training mindset." Download and share or go to YouTube and search and subscribe to Mark Immelman.
What if your skincare routine started in your gut? Danielle Duboise and Whitney Tingle are joined by integrative gastroenterologist and microbiome expert Dr. Robynne Chutkan for a deep dive into the powerful connection between the gut and the skin. Dr. Chutkan unpacks how your gut health directly impacts the appearance, texture, and vitality of your skin—especially during hormonal shifts in your 40s and 50s. Plus, Dr. Chutkan shares her science-backed, food-first protocols for creating a glowing complexion from the inside out. Check out the video version on the Sakara Life YouTube channel here: https://youtu.be/HMGRo28Z6zs Dr. Chutkan shares: The gut-skin axis explained: how it works and why it matters What skin symptoms can tell you about your internal health How hormone changes during perimenopause impact the microbiome and the skin Dr. Chutkan's approach to healing skin through gut-supportive foods The truth about stool tests, food sensitivity panels, and skincare fads About Dr. Chutkan: Robynne Chutkan, MD, FASGE, is a gastroenterologist, the author of the digestive health books Gutbliss, The Microbiome Solution, The Bloat Cure and The Anti-Viral Gut, and the host of The Gutbliss podcast. Dr. Chutkan received her bachelor's from Yale University and her medical degree from Columbia College of Physicians and Surgeons, where she also did her internship and residency and served as chief resident. She completed her fellowship in gastroenterology at Mount Sinai Hospital in New York. Dr. Chutkan has been on the faculty at Georgetown University Hospital since 1997. In 2004 she founded the Digestive Center for Wellness, an integrative gastroenterology practice dedicated to uncovering the root cause of GI disorders. Dr. Chutkan incorporates microbial optimization, nutritional therapy, mind-body techniques, and lifestyle changes into her therapeutic approach to digestive disorders. A former Board member of the American Society for Gastrointestinal Endoscopy (ASGE), Dr. Chutkan also chaired the ASGE Training Committee and Public Relations Committee. She has authored dozens of academic journal articles and book chapters and lectures frequently on the microbiome and gut health throughout the United States and Europe. Dr. Chutkan has been the medical expert on The Today Show, CBS This Morning, The Doctors, The Dr Oz Show, The Megyn Kelly Show, and has her own PBS Special entitled “Gutbliss”. She's been interviewed by numerous publications, including the NYT, WSJ, The Atlantic, and the Washington Post, and served as on-air talent and a medical consultant for Discovery Health Channel. Resources & Links: Dr. Robynne Chutkan: gutbliss.com | @gutbliss Books by Dr. Chutkan: Gutbliss, The Microbiome Solution, The Bloat Cure, The Anti-Viral Gut The Gutbliss Podcast
How did a 180-year-old Italian digestif become one of America's most beloved bar staples? Though Fernet-Branca has enjoyed a storied legacy in Europe since its creation in 1845, it remained a niche curiosity in the United States for much of its life. The intensely bitter, herbal liqueur was appreciated only by the most adventurous palates. Today, however, it's a fixture behind the bar from upscale cocktail lounges to neighborhood dive bars, most often knocked back in shot form and celebrated for its distinct flavor profile. Who better to trace Fernet-Branca's unlikely rise than Edoardo Branca, managing director of Branca USA and a sixth-generation member of the family behind the brand? We caught up with Edoardo at spirits industry trade show Bar Convent Brooklyn to talk about how Fernet-Branca earned its cult status in the U.S. He shared insights on the brand's roots, its journey from obscure digestif to bartender favorite, and how the company is carefully evolving to stay relevant in a fast-changing drinks culture. From navigating pricing pressures to expanding the Branca USA portfolio with modern, consumer-focused offerings, Edoardo explains how he is stewarding a legacy while embracing innovation. Show notes: 0:25: Interview: Edoardo Branca, Managing Director, Branca USA – Eduardo talks about his journey from Milan (he's an Inter fan) to Southern California and ultimately to New York. He also discusses his current role in which he oversees U.S. operations and highlights the most personally rewarding aspect of his job. Edorado explains how Fernet Branca became popular within the bartender community after gaining traction as a popular shot in 1990s San Francisco, the emotional resonance many have with their first Fernet experience and reflects on the global cultural differences in how it's consumed. He acknowledges generational shifts and concerns about declining alcohol consumption among younger drinkers, but expresses confidence that appreciation for spirits and bar culture will mature with age and experience. Edorado also talks about the growing Branca portfolio, noting that lower-ABV products like Antica Formula vermouth align with growing health-conscious trends and also shares his philosophy on mergers and acquisitions. Brands in this episode: Fernet-Branca, Jägermeister, Jameson, Antica Formula
(July 15,2025)Amy King and Neil Saavedra join Bill for Handel on the News. Supreme Court says Trump's Education Department layoffs can resume. The homeless population in Los Angeles city and county supposedly drops for 2nd year in a row, data finds. Trump, Rutte announce ‘really big' NATO arms package amid new 50-day deadline to Putin. Pot farm raided by immigration agents has child labor complaint, state says.
(July 15,2025)Amy King and Neil Saavedra join Bill for Handel on the News. Supreme Court says Trump's Education Department layoffs can resume. The homeless population in Los Angeles city and county supposedly drops for 2nd year in a row, data finds. Trump, Rutte announce ‘really big' NATO arms package amid new 50-day deadline to Putin. Pot farm raided by immigration agents has child labor complaint, state says.
This week on the podcast, we take on the two biggest issues shaping our future: immigration and housing. We begin with the looming threat of U.S. tariffs, which could hit by August 1st. A 30% levy would be catastrophic for Ireland, the most open economy in the world, with nearly €600 billion in imports and exports annually. While China retaliates in unison, Europe squabbles over wine, cars, and Big Tech. Meanwhile, Ireland, so dependent on U.S. multinationals, stands massively exposed. We then dive into the far knottier issue: immigration. Between April 2022 and 2023, 141,000 immigrants arrived in Ireland. Only 30,000 houses were built in the same period. You don't need a PhD to see the problem, demand has tripled, while supply has collapsed. House prices are up 7% in the last three months alone, now approaching half a million euros. Construction is down, despite a 47% increase in government spending since COVID. We break the numbers down: of the 141,000, roughly 90,000 arrived via active government policy; visas, asylum, humanitarian aid. With only two people per home on average, we'd need to build 80,000 houses per year to keep up. We're building less than half that.We're not arguing against immigration, we need it. But policy without planning leads to crisis. If we don't start managing immigration with data and foresight, we'll drift into chaos. Hosted on Acast. See acast.com/privacy for more information.
Mixed gaming news, Google's AI is seemingly inescapable, SUSE offers Europe-only support, Ubuntu is dropping support for loads of RISC-V boards in favour of future ones, a quick KDE Korner, and more. News Stop Killing Games consumer movement hits some major milestones DOGWALK Official Release Unless users take action, Android will let Gemini access... Read More
In this powerful segment, Tara and Lee break down the historic collapse of first-time homeownership under the Biden administration. With staggering data—like the average age of a homebuyer soaring to 56 and first-time buyers plummeting to a record low 24%—they expose how skyrocketing prices and 7% interest rates have turned the American Dream into an impossible fantasy for most. The conversation compares today's housing market to Europe's stagnant real estate, where multi-generational ownership and unaffordable costs are the norm. They argue that reckless money printing, runaway inflation, and partisan policies at the Federal Reserve are driving a crisis that is crippling young families, delaying marriage and children, and fueling desperation. Even families earning over $200,000 are living paycheck to paycheck as basic homeownership slips further out of reach. Tara warns that unless these destructive policies are reversed, an entire generation will be permanently locked out of the housing market.
In this wide-ranging and sharp-tongued segment, hosts break down the latest inflation numbers—clocking in at 2.7%—and expose the media's manipulative framing while questioning Jerome Powell's motives for keeping interest rates high. The conversation then pivots to Trump's push to dismantle the Department of Education, highlighting a historic legal battle over federal spending and constitutional authority. Finally, the show takes an unexpected turn into America's food supply, celebrating a win for public health as ice cream companies begin removing toxic artificial dyes—chemicals still banned in Europe but widely used in the U.S. A fiery, funny, and illuminating take on policy, politics, and petrochemical popsicles.
The ABMP Podcast | Speaking With the Massage & Bodywork Profession
A client has a recently placed stent in their left anterior descending branch of the coronary artery. The therapist isn't clear about safety. What to do—get permission to work? Or get information to work safely? (You get two guesses, and one of them doesn't count.) This episode explores a helpful communication to establish client safety—and an example to us all! Resources: I Have a Client Who: Femoral Artery Stent (episode 77) I Have a Client Who: Cardiac Catheter (episode 297) I Have a Client Who: TAVR (episode 465) A Doctor's Note is Not Good Enough (and what is better) online self-paced CE class Helping Clients with Complex Conditions (no date). Available at: https://www.abmp.com/massage-and-bodywork-magazine/helping-clients-complex-conditions (Accessed: 13 June 2025). Host Bio: Ruth Werner is a former massage therapist, a writer, and an NCBTMB-approved continuing education provider. She wrote A Massage Therapist's Guide to Pathology, now in its seventh edition, which is used in massage schools worldwide. Werner is also a long-time Massage & Bodywork columnist, most notably of the Pathology Perspectives column. Werner is also ABMP's partner on Pocket Pathology, a web-based app and quick reference program that puts key information for nearly 200 common pathologies at your fingertips. Werner's books are available at www.booksofdiscovery.com. And more information about her is available at www.ruthwerner.com. About our Sponsors: Anatomy Trains: www.anatomytrains.com PMNT: www.pmnt.org MassageBook: www.massagebook.com Anatomy Trains is a global leader in online anatomy education and also provides in-classroom certification programs for structural integration in the US, Canada, Australia, Europe, Japan, and China, as well as fresh-tissue cadaver dissection labs and weekend courses. The work of Anatomy Trains originated with founder Tom Myers, who mapped the human body into 13 myofascial meridians in his original book, currently in its fourth edition and translated into 12 languages. The principles of Anatomy Trains are used by osteopaths, physical therapists, bodyworkers, massage therapists, personal trainers, yoga, Pilates, Gyrotonics, and other body-minded manual therapists and movement professionals. Anatomy Trains inspires these practitioners to work with holistic anatomy in treating system-wide patterns to provide improved client outcomes in terms of structure and function. Website: anatomytrains.com Email: info@anatomytrains.com Facebook: facebook.com/AnatomyTrains Instagram: www.instagram.com/anatomytrainsofficial YouTube: https://www.youtube.com/channel/UC2g6TOEFrX4b-CigknssKHA Precision Neuromuscular Therapy seminars (www.pnmt.org) have been teaching high-quality seminars for more than 20 years. Doug Nelson and the PNMT teaching staff help you to practice with the confidence and creativity that comes from deep understanding, rather than the adherence to one treatment approach or technique. Find our seminar schedule at pnmt.org/seminar-schedule with over 60 weekends of seminars across the country. Or meet us online in the PNMT Portal, our online gateway with access to over 500 videos, 37 NCBTMB CEs, our Discovery Series webinars, one-on-one mentoring, and much, much more! All for the low yearly cost of $167.50. Learn more at pnmt.thinkific.com/courses/pnmtportal! Follow us on social media: @precisionnmt on Instagram or at Precision Neuromuscular Therapy Seminars on Facebook. MassageBook is offering listeners $50 off when they sign up with coupon code ABMP50. Start your free 30-day trial today and transform your practice with tools designed to increase bookings and streamline client management. Connect with MassageBook: Visit their website: MassageBook Follow MassageBook on Facebook, Instagram, LinkedIn
Max and Maria are joined by Richard Giragosian and Jeffrey Mankoff to talk about the current geopolitical moment in the South Caucasus, with a particular focus on the dynamics at play in the relationships between Armenia, Azerbaijan, and Russia. This conversation was recorded on July 9, 2025.