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World Business Report

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Jan 8, 2025 • 26min

Deadly Los Angeles wildfires devastate homes and businesses

Catastrophic wildfires in Los Angeles are causing unprecedented destruction and a state of emergency. The emotional and economic impacts on residents are profound as climate change fuels this crisis. A former trade advisor discusses whether Trump might genuinely aim to re-capture the Panama Canal, touching on national pride and sovereignty. Meanwhile, Venezuela grapples with hyperinflation ahead of President Maduro's inauguration, revealing the economic struggles tied to U.S. policies, amidst a backdrop of technology innovations and the dark realities of the wellness industry.
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Jan 8, 2025 • 26min

Trump warns of new tariffs against EU

President-elect Donald Trump is ramping up economic pressure on Denmark in his bid to acquire Greenland. Are Danish exporters concerned about these threats?Could the sale of new air-fryers and dishwashers reignite the Chinese economy?And we hear from the Chris Brownridge, CEO of Rolls-Royce cars.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
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Jan 8, 2025 • 26min

President Elect Trump launches scathing attack on renewable energy

Donald Trump's energy policies are heating up the debate, with a promise to revive offshore oil development and a strong critique of renewable energies like wind power. Meanwhile, Meta shakes up its fact-checking efforts, leaning into community notes for tighter social media control. Retail giant Shein faces scrutiny from UK MPs over its supply chain transparency and human rights issues. Lastly, the rise of alcohol-free drinks is catching on with younger consumers, reflecting shifting preferences in the beverage market.
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8 snips
Jan 7, 2025 • 26min

Meta announces cutting fact-checking on Facebook and Instagram

Han Lin, the China Country Director of Asia Group, brings insights on Meta's surprising shift away from third-party fact-checking to a user-driven community notes system. He discusses the potential repercussions of this change for information accuracy and democratic discourse. The conversation also delves into the US Defense Department’s blacklist of Tencent and other Chinese firms, examining the implications for their operations amid rising scrutiny over military connections. Lin further navigates the broader economic challenges faced by China amidst escalating international tensions.
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Jan 7, 2025 • 26min

Concerns Trump tariff threat could trigger Canada recession

Concerns are rising in Canada about a potential recession due to looming U.S. tariff threats. This situation is compounded by significant political changes, including the recent resignation of the Prime Minister, prompting discussions on trade diversification. President Biden's offshore drilling ban reflects a commitment to environmental policy amidst energy debates. Meanwhile, New York introduces a new congestion charge, sparking debates about urban transit challenges and equitable solutions for working-class citizens.
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6 snips
Jan 6, 2025 • 26min

Shipping companies place record orders for new container vessels

Charlene Varian, associate vice president at Sumer Strategies and former advisor to Canadian government leaders, discusses the recent record surge in container vessel orders, attributed to high profits and eco-friendly initiatives. She delves into the potential implications of Prime Minister Justin Trudeau's anticipated resignation amidst declining approval ratings and internal tensions. Additionally, Varian explores the legal battle between Nippon Steel and U.S. Steel over a blocked merger and the new congestion charge in Manhattan, highlighting its economic and environmental significance.
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9 snips
Jan 4, 2025 • 26min

Could blocked US steel deal strain global partnership

President Biden's decision to block a major steel acquisition raises questions about US-Japan relations and national security. Meanwhile, India's shift towards a cashless society is projected to hit one billion scan-to-pay transactions, highlighting both progress and challenges in digital inclusion. Couples navigating financial disagreements share their experiences, emphasizing the importance of communication to avoid conflict. These diverse topics intertwine to explore the future of international trade, digital innovation, and personal finance in modern relationships.
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Jan 3, 2025 • 26min

Biden rejects Nippon Steel’s $15bn takeover of US Steel

President Biden has decisively blocked Nippon Steel’s $15 billion takeover of US Steel, raising concerns about national security and American jobs. The implications for US-Japan relations could be significant. Meanwhile, Syria is tackling its drug crisis as it dismantles factories producing addictive amphetamines, highlighting a complex geopolitical landscape. Additionally, Apple's recent settlement over user privacy raises critical questions about tech accountability. The discussion also touches on the evolving dynamics of recycling industries amid regulatory changes.
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Jan 3, 2025 • 26min

New Orleans Attack: Business reaction

In the wake of a tragic incident on Bourbon Street, local restaurant owners discuss the emotional and economic challenges of reopening. Dive into the complexities of U.S. tariffs and their significant impact on the bicycle manufacturing sector, forcing businesses to rethink sourcing. Explore the shifting U.S.-Mexico trade relationship as a political landscape evolves, alongside concerns about immigration and ongoing drug violence. Finally, reflect on inspiring stories of young heroes in history who faced adversity with courage and conviction.
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Jan 2, 2025 • 26min

South Korea: How are events affecting the economy?

Political instability in South Korea is shaking its economy, with concerns over how recent impeachments impact consumer confidence. The discussion dives into how President Trump's policies might reshape global trade, particularly affecting South Korea and India. Additionally, the release of artistic works into the public domain is sparking ideas for creativity and commercialization. The storyline of young historical heroes highlights the power of youthful courage in driving change, reminding us of the impact of conviction against adversity.

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