The latest discussions reveal a sharp drop in startup formations in China, dwindling from over 50,000 to just about 1,000 amidst economic downturns and strict regulations. Venture capital funding is drying up, raising concerns for innovation and job creation. Additionally, Indonesian palm oil producers voice worries over new EU deforestation laws that could disrupt global supply chains. These regulations may hit up to 30% of Indonesia's palm oil exports, stirring debate on sustainable practices in international trade.

In a gripping discussion, Kamala Harris, the Vice President of the United States, and Donald Trump, former President, square off in a historic debate. The conversation highlights Harris's strategic engagement tactics and psychological performance, raising questions about polling dynamics and voter appeals. They explore the challenges political figures face in addressing economic optimism amid rising inflation and the influence of cultural factors on youth voting. The impact of global political trends and the interplay between economic policies and leadership also take center stage.

As recession fears grow, investors flock to staples like Coca-Cola and Colgate. Abu Dhabi's oil giant Adnoc is eyeing a massive €14.4 billion deal for the German chemical group Covestro, raising concerns about foreign acquisitions in Europe. The European Central Bank has lowered interest rates to bolster the economy. Meanwhile, Los Angeles is striving for a shift away from its car obsession ahead of the 2028 Olympics, pushing for enhanced public transport options. Amateur astronauts also made history with the first private spacewalk.

UniCredit is making waves in European banking with a 9% stake in Commerzbank, hinting at possible consolidation. Meanwhile, US inflation has dipped to 2.5%, shifting economic dynamics. In Argentina, a tax amnesty is prompting citizens to reveal hidden savings, raising eyebrows over public trust. On a political front, Mexico's Senate is shaking things up by approving a plan for voters to elect judges, stirring debates about governance and accountability. It's a mix of finance and politics shaking the foundations of several economies!

Benjamin Parkin, a journalist from the Financial Times specializing in international relations, discusses some hot-button topics. He highlights the EU's court ruling that insists Apple pay €13 billion in back taxes, raising questions about tech regulation. Parkin also delves into the shifting diplomatic landscape as the Taliban forges closer ties with neighboring countries, tackling security and economic issues. The conversation uncovers the broader implications for global relations and the ongoing challenges faced in Afghanistan.

Kamala Harris, a prominent political figure, faces immense pressure as she prepares for a crucial debate against Donald Trump, a high-stakes participant in the political arena. The podcast delves into France’s financial uncertainties as its new PM seeks more time for debt planning amidst heightened EU scrutiny. Additionally, Intel grapples with a plummeting share price and manufacturing woes in its quest to catch up in the competitive AI race. The discussion highlights the broader implications on the economy and geopolitics.

The discussion kicks off with the growing interest in 'reject stocks' and how they might offer hidden investment potential. Google faces fresh antitrust challenges while navigating a changing advertising landscape. Tesla’s struggles in China reveal a significant shift as local EV brands gain popularity, leaving Elon Musk’s ambitions in a precarious spot. The rise of hybrids and changing consumer preferences highlight the evolving competition in the electric vehicle market.

Sam Fleming, a leading economics editor known for his insights on trade policies, and James Politi, Washington bureau chief with expertise in political economics, delve into the rising trend of protectionism across party lines. They discuss how national security has reshaped trade policies, exemplified by Kamala Harris's opposition to Nippon Steel's bid for US Steel. The duo highlights the complex relationship between job security, patriotism, and foreign investment, while examining the inconsistent strategies of the Biden administration regarding trade.

Michel Barnier, the EU's former Brexit negotiator, is now France's Prime Minister, promising to respect all political forces during challenging times. Meanwhile, Ukraine's President Volodymyr Zelenskyy is making waves with a major cabinet reshuffle, aiming to inject new energy into his wartime government. The conversation also dives into the unexpected rise of defense stocks among European ESG funds, reflecting changing attitudes towards ethical investments amidst escalating global tensions.

In this engaging discussion, President Joe Biden talks about his plans to block Nippon Steel's takeover of U.S. Steel, emphasizing national security and the impact on blue-collar jobs. He delves into Volkswagen’s urgent call for changes due to falling sales, outlining the threat to German jobs and factories. Additionally, Biden highlights Egypt's troubling transition from a gas boom to severe power shortages, examining the broader implications for energy management and public sentiment. Tune in for insights on these pressing economic challenges!