Simple English News Daily

Tuesday 8th April 2025. EU tariff deal or response. Myanmar no ceasefire. Argentina mortgages. US measles. Algeria Mali spat...

Apr 7, 2025
The podcast covers the EU's strategic response to potential U.S. tariffs, including their zero-for-zero proposal. It highlights troubling violence in Nigeria and a concerning measles outbreak in the U.S. Economic challenges in Argentina also take center stage. Tensions between Algeria and Mali add to the global news landscape, while ongoing conflicts in Myanmar and Gaza remind listeners of persistent strife around the world. Sweden's tax evasion claims further emphasize the interconnectedness of these issues.
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INSIGHT

EU Tariff Proposal

  • The EU offered the US zero tariffs on industrial goods.
  • They are prepared to impose reciprocal tariffs if a deal isn't reached.
INSIGHT

Global Market Reaction to Tariffs

  • Global stock markets and oil prices fell due to Trump's tariff announcements.
  • JP Morgan estimates a 60% chance of a US recession.
ANECDOTE

Swedish Waste Incident

  • A Danish couple in Sweden are accused of tax evasion and abandoning human waste.
  • They left 158 barrels of waste after abandoning their cottage business.
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