Exploring economic impact of inflation on stock market. Legal events like Harvey Weinstein case. Debate on presidential immunity post January 6th. Definition of official acts by president. Anti-Israel protests on campuses. Haiti's PM resignation amid gang violence.
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Quick takeaways
Stock market affected by stubborn inflation and slow economic growth.
Haiti's Prime Minister resigns amid escalating gang violence crisis.
Deep dives
Economic Challenges and Weinstein Conviction Reversal
Stubborn inflation and slow economic growth impact the stock market, with the Dow experiencing significant losses. The GDP growth fell short of expectations at 1.6 percent, while inflation rose above the Fed's target at 3.4 percent. The podcast discusses the overturned rape conviction of movie mogul Harvey Weinstein, highlighting the appeals court's findings of unfair testimonies and his transfer to California authorities. Weinstein's abuse of power in the entertainment industry and the origin of the Me Too movement are also addressed.
Supreme Court's Debate on Presidential Immunity and Anti-Israel Protests
The Supreme Court debates former President Donald Trump's claim of immunity regarding actions on January 6th, with justices split on defining official presidential acts. Legal experts suggest a potential ruling on a narrower sense of presidential immunity. Additionally, anti-Israel protests demanding colleges to divest funds from Israeli military operations spread to various universities, resulting in multiple arrests, including those at the University of Southern California and in Boston.
Prime Minister Resignation and Shamrock the Green Puppy
Prime Minister Ariel on Re of Hady resigns due to escalating gang violence, allowing for the formation of a new government in the country. Economy and Finance Minister Michael Bois Ver is chosen as interim prime minister amidst the crisis. In lighter news, a Florida puppy named Shamrock gains internet fame for her unique green fur, believed to be a temporary coloration from being stained with bile in the mother dog's womb.