World Business Report EU-Mercosur deal gets green light
Jan 9, 2026
Michelle Fleury, the North America business correspondent for the BBC, dives into the newly approved free trade agreement between the EU and Mercosur, highlighting the mixed reactions from member countries. She also discusses a potential $207 billion takeover in the mining sector between Glencore and Rio Tinto, offering insights into its implications for the industry. Lastly, the conversation touches on how these major deals are influencing market dynamics, making for an engaging look at current economic trends.
AI Snips
Chapters
Transcript
Episode notes
Court Could Redraw Presidential Trade Powers
- The Supreme Court may soon decide if the International Emergency Economic Powers Act allowed blanket tariffs under Trump.
- A ruling could redefine presidential authority over trade and emergency economic measures.
Greenland Payment Consideration Mentioned
- Nick Marsh reports White House officials may consider direct payments to Greenlanders as part of acquisition efforts.
- Polls show most Greenlanders oppose joining the US despite interest in future independence.
GM Scales Back EV Plans And Takes Large Write-Off
- General Motors will write off another $6bn after scaling back EV investments amid weaker demand and policy shifts.
- Carmakers are adjusting EV strategies in response to changing federal policies and consumer uptake.