The Pour Over Today Economy Shrinks, U.S.-Ukraine Mineral Deal, Columbia Student Released, & More | 05.02.25
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May 2, 2025 The podcast delves into the recent contraction of the U.S. economy, exploring factors like tariff adjustments and dwindling consumer spending. It highlights a significant mineral deal between the U.S. and Ukraine amidst the ongoing conflict with Russia. A pro-Palestine Columbia student’s release on bail raises pressing questions about free speech. The discussion also touches on quirky news, including an expensive prank call related to the NFL and a Supreme Court case on religious charter schools, all while navigating serious social issues.
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US Economy Contracts Amid Mixed Signals
- The U.S. economy shrank 0.3% in Q1 mainly due to businesses rushing to stockpile ahead of tariffs and reduced consumer spending.
- Despite this, tech giants like Microsoft and Meta reported strong earnings, showing mixed economic signals.
US-Ukraine Natural Resource Deal
- The U.S. and Ukraine signed a resource deal creating a joint investment fund to support Ukraine's reconstruction with profits from its natural resources.
- This deal aligns U.S. interests with Ukraine’s rebuilding but lacks key security guarantees and repayment terms.
Columbia Student Arrest Amid Activism
- Mohsen Madawi, a Columbia student and permanent U.S. resident, was arrested during his citizenship interview, allegedly due to his activism for pro-Palestinian protests.
- Despite government opposition, a judge released him on bail citing no flight or public risk.
