The Monocle Daily Global markets tumble and is Doge coming to the UK?
Apr 7, 2025
Guests Andrew Thompson, a Latin America specialist, and Terry Stiastny, a political journalist, break down the latest plummet in global markets as Trump's tariffs send shockwaves. They discuss the emotional toll on Wall Street and how this links to the UK’s governance changes. Howard Amos, author of 'Russia Starts Here', shares insights on Brazil's political turmoil, particularly regarding Jair Bolsonaro's controversial pardons. The conversation wraps with Japan's growing trend of proxy resignation services, reflecting societal shifts and technology's role in modern employment.
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Rhinoceros at the Almeida
- Terry Stiasny attended a new production of Rhinoceros by Eugene Ionesco at the Almeida Theatre.
- The play, an allegory about conformism, featured audience participation, blurring the lines between performers and viewers.
Uruguayan Stability
- Andrew Thompson visited Uruguay, experiencing "van life" and observing the country's stable political landscape.
- Uruguay's recent centre-left president, Lacalle Pou, follows a pattern of alternating power, unlike many neighbors.
Global Market Volatility
- Global markets plummeted following Trump's tariffs, with major indices experiencing significant losses.
- There is uncertainty whether this represents a short-term correction or a more serious bear market.
