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In this episode, Rania Khalek joins the show to discuss the Trump administration's escalating attack on Breakthrough News, which has been subpoenaed by Congress in what she describes as a coordinated McCarthyite effort to suppress dissent. Also, how China's decision to slash its oil imports by half has quietly stabilized the global economy following the closure of the Strait of Hormuz, using its massive strategic reserves to prevent a catastrophic collapse and solidifying its position as a dominant global player. All that and more! My livestreams are on Mon and Fri at 3pm ET/Noon PT and Wednesday at 8pm ET/5pm PT. I am one of the most censored comedians in America. Thanks for the support!
A conversation with Michael Roberts on his forthcoming book, "Time is Running Out: Depression, Polycrisis, and the World Economy in the 2020s." The book is a follow up to a previous book he has written and also discussed on this show. Michael is a distinguished economist from the UK who has keen insights into the global financial sector and the way our global economic system has developed over the decades. Please listen. Very informative.
In this episode, Rania Khalek joins the show to discuss the Trump administration's escalating attack on Breakthrough News, which has been subpoenaed by Congress in what she describes as a coordinated McCarthyite effort to suppress dissent. Also, how China's decision to slash its oil imports by half has quietly stabilized the global economy following the closure of the Strait of Hormuz, using its massive strategic reserves to prevent a catastrophic collapse and solidifying its position as a dominant global player. All that and more! My livestreams are on Mon and Fri at 3pm ET/Noon PT and Wednesday at 8pm ET/5pm PT. I am one of the most censored comedians in America. Thanks for the support!
In this episode, cohost Sergio Infante and I talk to AndrésM. Guiot-Isaac about his book in progress, titled Development with Stability. In it, Guiot Isaac takes the lens of the emergence of economic technocracy in Colombia between1948 and 1974 to understand how the production and circulation of economic expertise allowed states in developing countries to buildcapacities to act on the economy. As the title suggests, Andres argues that the infrastructures that allowed economists to occupy decision-making positions in governments over the decades emerged with the aspiration to reconcile economic development with stability. That these things werecompatible was not a given. We trace the tension between the tecnicos and los politicos as the central economic planning inistuttions – such as the National Planning Department – were emerging. That is, between the emerging economic technocratic class – very young, highly educated, covered by the president Lleras' Restepo's patronage – and the political establishment accustomed to influencing economic policy along sectoral and electoral interests. This playsout against the background of the evolution of economic planning, the rise and fall of comprehensive planning – pushed by the structuralist ECLAC, or CEPAL in Spanish – and how it gave way to what Andres calls “bottom-up” or strategic planning.The conversation gets pretty in the weeds – and I LOVED it. Not only because of my family connection to one of the economists involved (one of them is my grandfather) , but because this is also closely linked to my own PhD research about what I callthe techno-politics of economic expertise. I think that this type of granular economic history as pointing to concerns as pervasive as any other facet of urban life, and maybe even more. Studying this development of economic governance reveals its contingent character, and reminds us that it could be different. This episode is a beautiful example of the critical function of this type of history. Andrés M. Guiot-Isaac is visiting professor of Economics at the Universidad de los Andes (Colombia) and will join the Department of Economic History, Institutions and Policy, and World Economy at the Universidad de Barcelona as AssistantProfessor in January 2027. He formerly held a post-doctoral fellowship in the Department of Economic History at theLondon School of Economics. Before joining the LSE, Andrés completed his PhD in the University of Oxford. His doctoral dissertation, on which Development with Stability is based, was awarded the Joseph Dorfman 2024 Prize for the Best Dissertation in the History of Economics by the History of Economics Society. His research about development economics, developing planning and the role of foreign experts in developing countries has been published in History of Political Economy, Oeconomia and Science in Context. He also translated Hirschman's biography by Jeremy Adelman Worldly Philosopher into Spanish.Sergio Infante is a Ph.D. candidate in Global History at Yale University. His research explores how twentieth-century social scientists and intellectuals understood poverty, employment, and economic development, all with a special focus on Latin America. He is writing a history of the “informal sector” and “informal economy” as concepts. This project reconstructs debates over the business savviness, risk-taking behavior, and vulnerabilities of the global poor. It also contextualizes contemporary anxieties over “precarity” and “gig work.” Sergio's research touches on several themes that concern historians of the recent past, including transnational migration, urbanization, population growth, technocracy, democracy, and the Cold War.
Iran & US Both Sinking Tankers In Hormuz As War Spirals Out Of Control Threatening World Economy! Trump Calls For Criminalizing Communist DSA! Massie Introduces Legislation To Block Israeli Takeover Of US military! FBI Investigating Graham's Death
President Donald Trump has U-turned on his threat to charge cargo ships transiting the Strait of Hormuz as much as 20% - but the US and Iran have continued trading strikes as Trump has told the US Congress that war has resumed. So, can the US gain the upper hand? Will more US bombs and bullets really help? And has this whole episode proven that the memorandum of understanding, which was meant to end the conflict, was destined to fail.In this episode of The Fourcast Indicators, presenter Krishnan Guru-Murthy and Defence and Intelligence Analyst, Mark Urban are joined by former US Navy Rear Admiral Mark Montgomery, who is now a senior fellow at The Foundation for Defence of Democracies.
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A massive shift is happening in Japan, and almost nobody is paying attention. As the yen weakens and bond yields surge, the global carry trade could begin to unwind, putting pressure on stocks, debt markets, and the financial system itself. Here's why these events may be connected, why the timing of Trump Accounts matters, and why Bitcoin could benefit if this macro story keeps accelerating.SPONSORS✅ Lednhttps://www.nmj1gs2i.com/9W598/9B9DM/?source_id=podcastSimply Bitcoin clients get 0.25% off their first loanNeed liquidity without selling your Bitcoin? Ledn has been the trusted Bitcoin-backed lending platform for 6+ years. Access your BTC's value while HODLing.
John Loos – Independent economist SAfm Market Update - Podcasts and live stream
Defence spending is rising whether voters like it or not. The UK has committed to 2.5% of national income and aims for nearer 3.5% over the next decade, £30bn a year for each percentage point. What does the country get back? Can defence spending be pro-growth?In this week's VoxTalk, John Van Reenen (LSE) argues that getting a return on investment based on innovation need not be left to luck. For example nuclear power, GPS and the internet all began as military projects. The spillovers can be planned for; the trick is to make defence spending innovation-rich, and make procurement work better.Traditional top-down procurement mostly produces lock-in: the same firms winning over and over. Van Reenen's study of a project at the US Air Force shows the difference: when it asked firms what they could build, rather than telling them what to make, the competitions brought in startups, generated more original patents, and spilled ideas into the civilian economy. The research behind this episode:Moretti, Enrico, Claudia Steinwender, and John Van Reenen. 2025. "The Intellectual Spoils of War? Defense R&D, Productivity, and International Spillovers." The Review of Economics and Statistics 107 (1). An ungated version is available as NBER Working Paper No. 26483.Howell, Sabrina T., Jason Rathje, John Van Reenen, and Jun Wong. 2025. "Opening Up Military Innovation: Causal Effects of Reforms to US Defense Research." Journal of Political Economy 133 (11). An ungated version is available as NBER Working Paper No. 28700.To cite this episode:Phillips, Tim, and John Van Reenen. 2026. “Making defence spending pay.” VoxTalks Economics (podcast).Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestJohn Van Reenen is the Ronald Coase School Professor at the London School of Economics and Director of the Programme on Innovation and Diffusion at the Centre for Economic Performance. He chairs the Council of Economic Advisors to the Chancellor of the Exchequer and is a Research Fellow of the Centre for Economic Policy Research and the NBER. His research spans innovation, productivity, industrial organisation, and the public policies that shape them.Research cited in this episodeCrowding in, not crowding out. Moretti, Steinwender and Van Reenen tracked industries across twenty-three economies over several decades and found that higher defence R&D spending raised private R&D rather than displacing it, with knock-on gains for productivity growth in the following decades.The SBIR Open Topics reform. The US Air Force Small Business Innovation Research programme traditionally ran "conventional" competitions specifying the technology wanted; from 2018 it added "open" competitions inviting firms to propose any idea useful to the Air Force. Howell, Rathje, Van Reenen and Wong compared near-winners with near-losers and found the open awards produced new military technology, more original patents, and civilian spillovers such as venture capital funding; the conventional awards mostly produced lock-in.Spin-offs from military research. Nuclear power, GPS and the internet each began as military projects before becoming civilian technologies; Van Reenen reaches back further to the claw of Archimedes, built to fend off the Roman fleet at Syracuse, as an early example of defence invention finding a wider use.The Draghi report. Van Reenen worked with Mario Draghi on his 2024 report on European competitiveness; he draws on it to argue that fragmented standards and duplicated procurement across Europe waste money, and that common standards and joint procurement would let countries specialise where they hold a comparative advantage.More VoxTalks Economics episodesIn January, Tim spoke to Moritz Schularick of the Kiel Institute for the World Economy about whether Europe can convert its industrial base into credible deterrence. Listen to Can Europe Defend Itself?
Trump Tells Putin We Must End Ukraine War Now! Leftist Heads Explode After Successful White House UFC Event! Plus, LGBTQPS++ Pedo Events Target Children Nationwide
MRKT Matrix - Thursday, June 11th Dow surges 900 points after Trump says U.S. will soon sign deal with Iran, oil falls (CNBC) SpaceX's IPO Raises $75 Billion in Biggest Debut of All Time (Bloomberg) Short Seller Chanos Is Bearish on SpaceX Valuation Fueled by ‘Hopes and Dreams' (Bloomberg) OpenAI Considers Drastic Price Cuts, Anticipating War for Users With Anthropic (WSJ) Meta's Subscription Push Exposes Its Weak Hand in AI (WSJ) New Fed chief may soon be forced to defy Trump and raise interest rates (Washington Post) China Is Propping Up the World Economy by Importing a Lot Less Oil (WSJ) --- Subscribe to our newsletter: http://riskreversal.substack.com/ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs
Iran's war drags down the world economyTrump strips 8,000 workers' protectionsMusk nears a trillionGreenland and Canada eyed. AgainTrump starves the agency that defends workersTexas faces flesh-eating maggotsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
#859: Neal and Toby discuss El Niño's return, and the economic fallout could be massive. Trump orders companies to give the government early access to their AI models. Plus, Steph Curry's surprising new shoe deal. OpenAI tackles a 80-year-old math problem that no human could solve…and solves it. To learn more visit https://www.sage.com/morningbrew Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow This is a paid advertisement. Today's episode of the Morning Brew Daily Show is brought to you by Sage — a trusted global provider and leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. The following commentary reflects general information about Sage and its products. Specific features, capabilities, and availability may vary by product, region, and customer requirements. To find out more, visit sage.com/morningbrew. Learn more about your ad choices. Visit megaphone.fm/adchoices
Pentagon Declassifies More UFO Files, Tune In NOW As Alex Jones Reviews Them! Plus, Contractor Says FBI Ordered Him To Quickly Coverup Charlie Kirk's Murder Scene
Global trade is the world economy's “hidden wiring:” Instead of trading finished goods, countries exchange product components and services, linking nations across the world through spread-out supply chain models. But this also means far-away economic shocks can now have a much greater impact on U.S. prices, jobs, and investment decisions. Risks like extreme weather events, geopolitical flare-ups, and cybersecurity threats are shaking up the international economic landscape – and could lead to greater isolation. What might that mean for the future of global trade? Download the papers authored and presentations given by economists Pol Antras, Şebnem Kalemli-Özcan, and Tommaso Monacelli at the Boston Fed's 69th Economic Conference, “The U.S. Economy in a Changing Global Landscape.”
Episode 5385: World Economy Shaken; Senate Defies President Trump
Europe's NATO members have pledged 3.5% of GDP to rearmament. The political argument is already about which social programmes will be sacrificed to pay for this, when the government chooses guns instead of butter. What does history tell us about what politicians will do?Christoph Trebesch and Johannes Marzian spent four years assembling the Global Budget Database: 150 years of primary government budget documents from 20 countries, with 116 identified military spending booms in peace and war. They find that governments almost never cut social spending when they rearm; they expand both military and welfare budgets simultaneously. The bill arrives later, as higher taxes. Top income rates typically rise by 10 to 15 percentage points in the decade following a military boom, funded mainly through broad-based income and value-added taxes. With rearmament underway, will history repeat itself?The research behind this episode:Marzian, Johannes, and Christoph Trebesch. 2026. "Guns and Butter: The Fiscal Consequences of Rearmament and War." CEPR Discussion Paper 21193. [Gated]To cite this episode:Phillips, Tim, and Christoph Trebesch. 2026. "Guns and Butter." VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestChristoph Trebesch is Director of the Research Center on International Finance at the Kiel Institute for the World Economy and Professor of Macroeconomics at Kiel University. His research spans sovereign debt, financial crises, China's role in global finance, the economics of populism, and the long-run fiscal history of military spending. He is a Research Fellow of the Centre for Economic Policy Research (CEPR). In 2024 he received the Hermann Heinrich Gossen Award, Germany's leading economics prize for economists under 45.Research cited in this episodeThe Global Budget Database is the primary dataset introduced in this paper. Marzian and Trebesch constructed it from primary archival sources, including national parliamentary budget documents, for 20 countries from 1870 to 2022. Unlike existing datasets that rely on planned rather than realised expenditures, it records what governments actually spent, broken down by ministry and purpose. The Switzerland case illustrates the stakes: standard sources record Swiss military spending at around 2% of GDP during the World Wars. The archival record shows actual spending reached 10% once off-budget items are included; five times the apparent figure.The Correlates of War (COW) Military Expenditures Dataset is one of the most widely used secondary-source datasets for historical military spending, maintained by the Correlates of War Project. Trebesch uses the Swiss case to illustrate the limitations of secondary-source data: the COW series misses off-budget military items that primary archival documents capture, producing a significantly distorted picture of wartime mobilisation in a number of countries.Credit booms methodology provided the template for identifying military spending booms. Trebesch and Marzian define a boom as an increase of at least 6.5 percentage points of military spending as a share of GDP over two consecutive years, ending when spending growth falls to zero. This approach, adapted from the literature on financial credit expansions and their economic consequences, allows systematic cross-country and cross-period identification without relying on retrospective classification alone. Each algorithmically flagged episode was then verified against historical sources.Local projections are the main statistical technique used to trace the long-run fiscal path following military booms. The method estimates how a variable (here, tax revenues and top income rates) evolves over time following an identified shock. It is well suited to the protracted dynamics Trebesch and Marzian observe: tax rates rising over a decade or more after a military buildup and, critically, not returning to pre-boom levels once the spending episode ends.Exogenous military shocks are the basis of the paper's causal identification strategy. To separate the fiscal effects of military spending from broader economic conditions, the authors distinguish episodes triggered by external geopolitical events from those driven by domestic factors. France's rearmament in the mid-1930s, forced by Nazi Germany's military expansion regardless of French domestic politics, is used as an example of an exogenous peacetime boom. Germany's own rearmament in the same period would not qualify as exogenous, since Germany initiated the shock. The same logic applies to wars: a country attacked faces an exogenous event; the attacker does not.More VoxTalks Economics episodesIn Can Europe Defend Itself?, featuring Moritz Schularick, Christoph's colleague from the Kiel Institute, we examine whether Europe has the industrial and strategic capacity to convert its rearmament commitment into credible deterrence, and what European rearmament could mean in practice. Related reading on VoxEUDefence spending: no free lunch, a VoxEU column arguing that increased military expenditure adds modestly to near-term economic activity while adding to fiscal pressure; lasting economic benefits from rearmament are far from guaranteed.Macroeconomic impacts of defence spending, a VoxEU column modelling the EU-wide effects of raising NATO members' defence spending to 5% of GDP by 2035; projected GDP gains are modest and come at the cost of higher debt-to-GDP ratios.Converging military spending and its fiscal consequences, a VoxEU column examining long-run trends in military expenditure across countries and the fiscal footprint they leave behind.The economic effects of military support for Ukraine: evidence from fiscal multipliers in donor countries, a VoxEU column finding that spending multipliers for military expenditure can exceed those for other categories of public spending.
Join RaboResearch Senior Market Strategist Ben Picton and Global Strategist Michael Every as they unpack the rapid changes that are underway in the global economic system. Mike takes us through his concept of "America Perestroika," whereby the United States under Donald Trump is seeking to shift from a consumption-based economy to a production-based economy with a national security overlay. We explore what these changes mean for the global economy, why it is happening, and where the challenges and opportunities may lay for commodity producers in New Zealand and Australia. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast
Ukraine has won time for Europe. A vast amount of time. But the price of this time has been tremendous. It is measured not in money, but in human lives. Dozens of towns and hundreds of villages have been destroyed. Occupied territories, occupied people, occupied lives—an occupied future. Europe helps, and it helps a lot. The Ukrainian economy would be in a far more difficult situation without European financial aid. Europe has also provided armaments and political support. Yet, many in Ukraine feel that the time we won for Europe is not being used properly—or is even being wasted. It seems Europe has yet to learn from the Ukrainian experience, our successes, and our mistakes. The continent remains far from becoming a true security union, and its defense industries still behave as if we are living in a time of peace—or as if they are preparing for the wars of the past, not the future. Is this diagnosis correct? And what must Europe do to respond to these challenges more effectively? You're listening to the Explaining Ukraine podcast. *** Explaining Ukraine is a project by UkraineWorld, an English-language media outlet run by Internews Ukraine. Host: Volodymyr Yermolenko, a Ukrainian philosopher, Chief Editor of UkraineWorld, and President of PEN Ukraine. Guest: Dr. Moritz Schularick, President of the Kiel Institute for the World Economy in Germany and Professor of Economics at Sciences Po in France. A report by Kiel Institute that we discuss in this podcast: https://www.kielinstitut.de/publications/time-to-spend-smart-19558/ *** This episode was produced in cooperation with Politeia, a Ukrainian NGO. *** Listen on various platforms: https://li.sten.to/explaining-ukraine UkraineWorld: https://ukraineworld.org/en *** SUPPORT: You can support our work on https://www.patreon.com/c/ukraineworld Your help is crucial, as we rely heavily on crowdfunding. You can also contribute to our volunteer missions to frontline areas in Ukraine, where we deliver aid to both soldiers and civilians. Donations are welcome via PayPal at: ukraine.resisting@gmail.com. *** CONTENTS: 00:03 - Intro. Ukraine has won time for Europe, but is Europe using this time properly? 03:59 - Is Europe's financial support for Ukraine growing, and why does its defense potential not match its perceived strength? 07:59 - What are the fundamental inefficiencies undermining Europe's significant defense spending? 11:59 - How can Europe "spend smarter" by leveraging its economic strengths in defense? 15:59 - How can Europe overcome national protectionism and unify its fragmented defense industry? The challenge is to move beyond expensive national procurement and "interoperability" to achieve true "interchangeability" and standardization across European militaries. 19:59 - Why is Europe's procurement process so slow, and how does it hinder adaptation to wartime needs? 23:59 - Can promoting horizontal cooperation and flexible funding overcome bureaucratic hurdles in European defense? Suggestions include establishing fast-track wartime procedures and promoting direct, horizontal relations between European startups and Ukrainian military units, possibly with flexible funds managed by private entities. 27:59 - What is the economic rationale for joint European defense financing through shared borrowing and assets? 31:59 - How has Russia financed its war effort, and what short-term mechanisms has it relied upon? 35:59 - What are the current vulnerabilities and long-term economic fragilities facing Russia's war economy?
In this episode of the National Crawford Roundtable podcast the guys review the latest events happening in the war with Iran--what is going on in the Strait of Hormuz? Will there be a deal with Iran that includes NO nuclear aspirations? They also discuss the Voting Rights Act and redistricting-what is "unconstitutional racial gerrymandering", and how does the recent SCOTUS ruling help or hurt the GOP? The guys also look into the "affordability issue"--the legacy media and Democrats are hammering this issue. Is Trump winning or losing on this issue? How will affordability, especially gas and grocery prices, affect him in the midterms?
SEND ME A TEXT MESSAGE NOWThe U.S. and Iran are trading shots near the Strait of Hormuz, and everyone's acting like this is just another headline. It's not. This is one of the most important choke points in the world, and when tensions rise here, it doesn't stay “over there.” It hits energy, markets, and eventually your wallet.At the same time, voter roll purges are being pushed right up against Election Day. Not months out. Not with time to fix mistakes. Right at the moment when people show up expecting to vote and could be told they're no longer on the list. That's not routine cleanup. That's timing with consequences.There's also a claim floating around that sounds simple on the surface, like something you've heard a hundred times before. The problem is, once you actually stop and think about it, it doesn't really hold up the way it's being presented.Then there's the reaction to Rudy Giuliani being in critical condition. Not just the headline, but how people are responding to it. It's not the kind of response you would've seen years ago, and that shift didn't happen by accident.And just to round it out, GameStop is trying to pull off a move that sounds bold until you look at the numbers. A company worth a fraction of its target trying to buy something four times its size. At some point you have to ask if this is strategy or something else.Different stories, same underlying problem. Decisions being made in plain view, with real consequences, and not a lot of concern about what happens next.This IS A World Gone MadAWorldGoneMadPodcast@gmail.com
11. Headline: The Iran Conflict: Strategic Impasse and the Need for Allies Guest: Colonel Jeff McCauslandSummary: The US and Iran are at a total impasse, with the potential closure of the Straits of Hormuz threatening the world economy. Colonel McCausland argues that the Trump administration's "America First" approach has alienated allies whose minesweeping capabilities are essential for reopening the strategic waterway. 111880 WIEN
• It's Podmasters' 10th birthday! Get an extra 10% off a year's Patreon backing.Cryptocurrency has come a long way since it was a fringe enthusiasm for get-rich-quick bros and anti-state libertarian fantasists. Now “stablecoins” like Tether are on the verge of becoming a parallel banking system in the US, except much less regulated. And the moneymaking opportunities that crypto affords are corrupting American politics to a staggering degree.Why is stablecoin more potent than regular crypto? Is the Trump Administration's crypto boosterism essentially an enrichment scheme for the Trump family? WTF is going on with “Trumpcoin” and “Melaniacoin”? How deeply are Nigel Farage and Reform UK committed to bringing all this to Britain? And what happens if a mega stablecoin falls over? The FT's Katie Martin takes Rafael Behr on an enthralling nightmare tour of “the biggest conflict of interest in history.”www.patreon.com/bunkercast Written and presented by Rafael Behr. Producer: Andrew Harrison. Audio production by Chris Jones. Music by Kenny Dickinson. Artwork by James Parrett. Managing Editor: Jacob Jarvis. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production.www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices Hosted on Acast. See acast.com/privacy for more information.
• It's Podmasters' 10th birthday! Get an extra 10% off a year's Patreon backing. Cryptocurrency has come a long way since it was a fringe enthusiasm for get-rich-quick bros and anti-state libertarian fantasists. Now “stablecoins” like Tether are on the verge of becoming a parallel banking system in the US, except much less regulated. And the moneymaking opportunities that crypto affords are corrupting American politics to a staggering degree. Why is stablecoin more potent than regular crypto? Is the Trump Administration's crypto boosterism essentially an enrichment scheme for the Trump family? WTF is going on with “Trumpcoin” and “Melaniacoin”? How deeply are Nigel Farage and Reform UK committed to bringing all this to Britain? And what happens if a mega stablecoin falls over? The FT's Katie Martin takes Rafael Behr on an enthralling nightmare tour of “the biggest conflict of interest in history.” www.patreon.com/bunkercast Written and presented by Rafael Behr. Producer: Andrew Harrison. Audio production by Chris Jones. Music by Kenny Dickinson. Artwork by James Parrett. Managing Editor: Jacob Jarvis. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production. www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices
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The US-Israeli war on Iran has caused the largest oil supply shock in history, according to the International Energy Agency (IEA). Ben Norton explains how the attacks by Trump and Netanyahu, and the ensuing blockade of the Strait of Hormuz, have unleashed an energy crisis that could destabilize the global economy. VIDEO: https://www.youtube.com/watch?v=bUdyPJM_rOw Topics 0:00 Intro 0:23 Schrödinger's ceasefire 1:24 Energy crisis 3:11 Strait of Hormuz 5:14 Petrodollar 6:45 Blockade 7:35 Impact on Asia 10:46 Europe 11:29 Food crisis 13:38 China 16:20 Renewable energy 18:24 Trump's claims 19:41 Stagflation fears 21:34 Outro
It's almost two months since the United States and Israel went to war with Iran. And in spite of a ceasefire the vital Strait of Hormuz through which 20 per cent of the world's oil and liquefied natural gas passes on tankers, is still effectively closed. The oil price remains high, affecting economies around the world. The most recent assessment from the International Monetary Fund warned that the war could throw the world economy “off course” and a prolongued conflict risked causing a global recession. David Aaronovitch asks what this means for us now and whether an end to the conflict could re-set the world's economies or have conditions changed for good?Guests: Joseph Stiglitz, American economist and recipient of the Nobel Memorial Prize in Economic Sciences and Professor at Columbia University Duncan Weldon, author and economist Diana Choyleva, economist and founder of Enodo Economics. Presenter: David Aaronovitch Producers: Caroline Bayley, Sally Abrahams, Kirsteen Knight Production Co-ordinator: Maria Ogundele Sound engineer: Neil Churchill Editor: Richard Vadon
“What's Buggin' You” segment for Tuesday 4-21-26
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In this episode of the National Crawford Roundtable podcast the guys discuss the latest with Iran. Is it possible to effectively negotiate with fanatical terrorist zealots willing to die for Allah? If not, where does that leave the U.S. on issues like once and for all ending nuclear aspirations, fully opening the Strait of Hormuz and Regime change? How will this affect Trump, the midterms, the World economy and National Security if one or all don't happen?
The latest news from the economic world and it's not very positive, with CBS Business Analyst Jill Schlesinger on The WCCO Morning News with Vineeta Sawkar
Crude oil prices rose again on Thursday as the ceasefire announced by US President Donald Trump and Iran shows signs of fragility. In this edition, we speak with Ilian Mihov, Professor of Economics at INSEAD, about whether the war and the resulting oil shock could trigger a global recession. He explains that supply shortages can affect economic activity more than price hikes and outlines the delicate calculations central banks will have to make.
Panel warns a massive oil supply shock could trigger global collapse, forcing nations to dump U.S. assets and sending rates soaring. With energy shortages spreading, this debate breaks down how quickly markets, economies, and global stability could unravel
Vast sums of money was traded before President Trump's now famous attempt to announce an Iran peace deal on Monday. The speculation was that those with prior knowledge had capitalised by insider trading. Today we're joined by Nobel Prize winning economist Paul Krugman to explain why this sounds highly plausible, and why there's no ethics investigation even if it's true. Later - was Meta and Google deliberating trying to harm children by getting them addicted to the their sites? A jury finds the companies liable in a historic ruling.The News Agents USA is brought to you by HSBC UK - https://www.hsbc.co.uk/
Trump Surrenders to Iran? - Strikes Stop for 5 Days | World Economy | Vibhuti Jha, Gen Sudhakar Jee
China became the world's largest bilateral creditor to developing countries over two decades, and for most of that time the scale of what it was doing was effectively a state secret. Its state-owned banks lent close to $1 trillion to developing-country governments, structured roughly half those loans against commodity export revenues held in offshore accounts, and concentrated the riskiest lending in countries such as Venezuela, Angola, and Russia. Net financial flows turned negative in 2019, and the countries that borrowed now repay more to China than they receive in new lending.Sebastian Horn of the Kiel Institute tells Tim Phillips that despite the opacity and the distinctive collateral structures, we've seen this movie before, in the 1920s and 1980s: in the bust, serial short-term extensions of grace periods that defer payments without resolving the underlying debt, while affected countries cut spending to stay current. What Horn calls a "silent crisis" is underway in a cluster of highly indebted developing countries, too small to trigger global contagion but large enough to matter profoundly for the people living through it.The challenge is whether China's lenders, debtor governments, and the broader international financial architecture can coordinate the kind of relief that will make a difference.The research behind this episode:Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. 2025. "China's Lending to Developing Countries: From Boom to Bust." Journal of Economic Perspectives 39 (4).To cite this episode:Phillips, Tim, and Sebastian Horn. 2026. "China's Lending to Developing Countries: From Boom to Bust." VoxDev Talk (podcast).Assign this as extra listening: the citation above is formatted and ready for a reading list or VLE.About Sebastian HornSebastian Horn is a professor of economics at the Kiel Institute for the World Economy and at the University of Hamburg, where his research focuses on international finance, sovereign debt, and China's role as a global creditor. Research cited in this episodeAidData. 2021. AidData's Global Chinese Development Finance Dataset, Version 3.0. AidData, William & Mary. A comprehensive public dataset tracing Chinese government-backed lending and grants to 165 countries between 2000 and 2017, built from embassy records, parliamentary gazettes, central bank reports, and news sources. Much of the quantitative evidence in the episode depends on it, since China has never published a consolidated balance sheet of its overseas lending.More VoxDev Talks on this topicIs debt leading to the unsustainable exploitation of natural resources?: Tim Phillips speaks with Pushpam Kumar about how sovereign debt obligations shape governments' incentives to extract natural resources more intensively, and what that means for the long-run sustainability of resource-dependent developing economies.Related reading on VoxDevNavigating Senegal's unexpected debt crisis: how a country widely regarded as a model of fiscal prudence found itself in acute debt distress, and what the episode reveals about the vulnerabilities facing developing-country borrowers in the current environment.Chinese development finance and public opinion: evidence on how Chinese-funded infrastructure projects affect attitudes towards China in recipient countries, with implications for understanding the political economy of China's overseas lending strategy.
Welcome back to Impact Theory with Tom Bilyeu! In this live episode, Tom Bilyeu and co-host Drew dive deep into the wild complexities shaping our world right now. Gas prices, geopolitics, and oil sanctions take center stage as Tom Bilyeu unpacks the Trump administration's high-stakes chess game in the Middle East, revealing how economic interests—not just ideology—drive international conflict. From unsanctioned Iranian oil flooding global markets, to the shocking economics of the homeless crisis in New York City, Tom Bilyeu and Drew connect today's hottest headlines to the underlying forces shaping society. They explore the precarious balance of power in the Strait of Hormuz, dissect narratives around Iran's nuclear ambitions, and discuss the unforeseen ramifications of modern warfare and shifting alliances. As always, the conversation is both candid and thought-provoking—mixing humor, real talk, and audience questions with deep dives into economics, politics, and even the surprising collapse of the Japanese porn industry. No topic is off-limits, and every headline is a chance to ask: What's really going on behind the scenes? Get ready for a whirlwind tour of the week's news—challenging assumptions, questioning media narratives, and always asking, “Who really benefits?” Welcome to another eye-opening episode of Impact Theory LIVE. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodDuck.Ai: Protect your privacy at https://duck.ai/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactBlinkist: Start your free trial at https://blinkist.com/impactPlaud: Get 10% off with code TOM10 at https://plaud.ai/tomBlocktrust IRA: get up to $2,500 funding bonus to kickstart your account at https://tomcryptoira.comCape: 33% off your first 6 months with code IMPACT at https://cape.co/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactPique: 20% off at https://piquelife.com/impactMonetary Metals: Future-proof your wealth at https://monetary-metals.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome back to Impact Theory with Tom Bilyeu! In this live episode, Tom Bilyeu and co-host Drew dive deep into the wild complexities shaping our world right now. Gas prices, geopolitics, and oil sanctions take center stage as Tom Bilyeu unpacks the Trump administration's high-stakes chess game in the Middle East, revealing how economic interests—not just ideology—drive international conflict. From unsanctioned Iranian oil flooding global markets, to the shocking economics of the homeless crisis in New York City, Tom Bilyeu and Drew connect today's hottest headlines to the underlying forces shaping society. They explore the precarious balance of power in the Strait of Hormuz, dissect narratives around Iran's nuclear ambitions, and discuss the unforeseen ramifications of modern warfare and shifting alliances. As always, the conversation is both candid and thought-provoking—mixing humor, real talk, and audience questions with deep dives into economics, politics, and even the surprising collapse of the Japanese porn industry. No topic is off-limits, and every headline is a chance to ask: What's really going on behind the scenes? Get ready for a whirlwind tour of the week's news—challenging assumptions, questioning media narratives, and always asking, “Who really benefits?” Welcome to another eye-opening episode of Impact Theory LIVE. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodDuck.Ai: Protect your privacy at https://duck.ai/impactShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactBlinkist: Start your free trial at https://blinkist.com/impactPlaud: Get 10% off with code TOM10 at https://plaud.ai/tomBlocktrust IRA: get up to $2,500 funding bonus to kickstart your account at https://tomcryptoira.comCape: 33% off your first 6 months with code IMPACT at https://cape.co/impactNetsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuo: Try for free PLUS get 20% off your first 6 months at https://quo.com/impactPique: 20% off at https://piquelife.com/impactMonetary Metals: Future-proof your wealth at https://monetary-metals.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Hour two of Larry Conners USA: RUMBLE: https://rumble.com/c/c-1568182 WEBSITE: https://www.larryconnersusa.com/ FACEBOOK: https://www.facebook.com/larryconnersusa NEWSTALK STL: https://newstalkstl.com/larry/ The post Iran Is Desperately Trying To Hold World Economy Hostage /7p 3.12.2026 appeared first on Larry Conners USA.
As the conflict in the Gulf continues, energy prices have risen sharply. Chris Holdsworth Chief Investment Strategist, at Investec Wealth & Investment International, examines the impact on global inflation and growth, as well as on President Donald Trump's popularity ahead of the US midterm elections later this year. Investec Focus Radio SA
Despite headwinds from US tariffs and Chinese competition, the European Bank for Reconstruction and Development's latest report shows stronger-than-expected GDP growth, particularly in sub-Saharan Africa as decelerating inflation boosts consumer spending power. In Business, we spoke to the report's lead author, EBRD chief economist Beata Javorcik.
You've heard me say it numerous times. Energy is the economy. If you don't believe me, just look at Cuba. The country is being starved for oil and the country is unable to function. At first it was just the United States imposing sanctions on countries that it sees as violating international law. That includes Russia, Venezuela, Iran, North Korea, and certainly a few others. But those sanctions have been largely paper exercises involving money and financial instruments. It's only when a physical blockade of oil tankers severed energy trade routes that we started to see a real tangible impact. Other countries have joined in and impounded vessels that were carrying sanctioned oil. When it comes to global oil prices, the usual metrics of supply and demand seem to rule the day. The measure surplus or shortage is based on inventories consisting of tank storage and “oil on the water” which is oil in the hold of a ship. But what about the dark fleet that doesn't report its inventories? They are called “dark" because they turn off their AIS transponders which allows for position tracking. They participate in ship-to-ship (STS) transfers in international waters, and these ships frequently change country of registration to make tracking more difficult.That is how a “shipping problem” becomes an “oil price problem,” even when there is plenty of crude in the ground.An oil tanker crunch is coming. New ships are not being built fast enough and these older ships are going to be very difficult to bring back into good standing with the world's major insurers. We could see a global oil shortage because of a shortage of insurable ships. --------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
Decades of economic cooperation are under threat from political division and military rivalry. In this episode of The Big View, Peter Thal Larsen talks to Eswar Prasad, author of ‘The Doom Loop', about why integration went into reverse and whether the old system can be salvaged. The Doom Loop: Why the World Economic Order is Spiraling into Disorder Davos 2026: Special address by Mark Carney, Prime Minister of Canada How globalisation set the stage for new strongmen Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
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“We are in the midst of a rupture, not a transition,” Prime Minister Mark Carney of Canada announced last week at the World Economic Forum in Davos, Switzerland.It was one of the most significant foreign policy speeches in years, sending shockwaves through the international community. He was describing a dynamic that's been building for decades — what the scholars Henry Farrell and Abraham Newman call “weaponized interdependence” — that has now reached a tipping point.I asked Farrell on the show to explain this dynamic, why this is a “rupture” moment and how other countries are responding. He is an international-affairs professor at Johns Hopkins University, is an author of the book “Underground Empire: How America Weaponized the World Economy” and writes an excellent Substack, Programmable Mutter.Note: This episode touches on the clashes over immigration enforcement in Minneapolis and the killing of Renee Good, but it was recorded on Friday, before the killing of Alex Pretti.Mentioned:“Davos 2026: Special address by Mark Carney, Prime Minister of Canada”Underground Empire by Henry Farrell and Abraham Newman“Programmable Mutter” by Henry Farrell“The nature and sources of liberal international order” by Daniel Deudney and G. John Ikenberry“The Enshittification of American Power” by Henry Farrell and Abraham L. Newman“Too big to care” by Cory DoctorowWeapons of the Weak by James C. ScottPrivate Truths, Public Lies by Timur Kuran“Further Back to the Future: Neo-Royalism, the Trump Administration, and the Emerging International System” by Stacie E. Goddard and Abraham Newman“The Dynamics of Informational Cascades: The Monday Demonstrations in Leipzig, East Germany, 1989–91” by Susanne LohmannBook Recommendations:Dollars and Dominion by Mary BridgesNonesuch by Francis SpuffordThe Score by C. Thi NguyenThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Jack McCordick. Fact-checking by Michelle Harris, with Mary Marge Locker, Kate Sinclair Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota and Isaac Jones. Our executive producer is Claire Gordon. The show's production team also includes Marie Cascione, Annie Galvin, Rollin Hu, Kristin Lin, Emma Kehlbeck, Marina King and Jan Kobal. Original music by Pat McCusker and Carole Sabouraud. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
Episode 5084: Live From Davos Cont; Leading The World Economy
In this episode of What's the World Coming To?, Pastor Ken Ortize welcomes Kirk Eugene for an in depth conversation about blockchain technology, digital currencies, and the emerging digital world economy.Drawing from his background in intelligence and investigations, Kirk offers clarity on how modern financial systems are evolving and why digital infrastructure is becoming central to global commerce. Together, they examine how speed, automation, and centralized systems are reshaping the way money moves and how these changes intersect with biblical prophecy.This episode equips listeners to think clearly and biblically about the rapid transformation of money, technology, and global systems in the world today.www.wtwcomingto.com
Michael Bernstam explains Russia bypasses US sanctions via balanced ruble-yuan barter trade with China. As a vital energy exporter, punishing Russia's major oil buyers risks ending the world economy. 1942 MOSCOW FACTORY WORKERS