Marketplace Morning Report

From the BBC World Service: In an effort to pressure Moscow to negotiate a peace deal in Ukraine, the United States has announced new sanctions on Russian oil. The sanctions effectively blacklist two of Russia's major oil export companies, and that has big implications for both India and China, which rely heavily on Russian oil imports. And then recent talks to make the shipping industry greener have stalled. So what’s the industry doing to cut emissions?

Earlier this month, Tesla unveiled cheaper versions of some of its most popular cars. Other automakers are also promising to discount EVs or roll out more affordable models. This all comes following the end of federal tax credits that knocked as much as $7,500 off the price of a new EV. Also: a proposal that could grant crypto firms access to Fed infrastructure and a check-in with Cuba's tourism minister.

Netflix is trying a new strategy to make more money: It's worked out a deal to stream some podcasts from Spotify, which have both audio and video. The deal means access to more consumer data and a new audience. And it's a move against a common competitor: YouTube. Also on the show: a change in tune on crytpo from a Federal Reserve leader and OpenAI's very own web browser.

From the BBC World Service: Experts have estimated that the cyberattack on Jaguar Land Rover — which halted car production there for multiple weeks — cost the carmaker roughly $2.55 billion, making the breach the most expensive in the country’s history. We'll do the numbers. And later in the program, tourism has long played a central part in Cuba’s economy. So what impact have the Trump administration’s new sanctions had?

The Trump administration has moved to axe many Biden-era green initiatives. One project impacted is in Middletown, Ohio — the hometown of Vice President JD Vance. Environmentalists had hoped that the conversion of a steel plant there from coal to hydrogen-powered furnaces could be a blueprint for future eco-friendly upgrades, but that project has been canceled. Also on the show: collective bargaining rights for Uber and Lyft drivers in California and a U.S.-Australia alliance concerning rare earth metals.

Silver hit an all-time high last week. Helping fuel that rally is a physical shortage; global demand for silver has been outstripping supply since 2020. We'll hear about the supply of silver, which has more industrial uses than its flashier cousin, gold. Also, a Brazilian oil giant will start drilling near the mouth of the Amazon River. And coming soon to a convenience store near you: individual mini Coke cans.

From the BBC World Service: Japan elected its first female prime minister, Sanae Takaichi, and the Nikkei 225 index surged to a record high. But the conservative leader, who models herself after former British Prime Minister Margaret Thatcher, will have to tackle a range of economic challenges: a falling population, a rise in the cost of living, and sluggish growth. Plus, a federal green tech funding pullback in the U.S. is hitting Vice President JD Vance’s hometown.

Agriculture is notoriously susceptible to the whims of the elements. Farmers and ranchers can see their entire livelihoods turn on one bad hailstorm or ill-timed heat wave, which are more frequent as our planet continues to warm. Today, we'll head to Colorado to hear about an apprenticeship program that's embedding climate literacy into its teachings. But first: the value of the dollar, this morning's web outages, and pain for small- and mid-sized businesses.

There's been a major outage of Amazon Web Services, the Amazon system that does computing for other companies. The list of impacted sites and platforms is lengthy: Facebook, Snapchat, Reddit, Fortnite, Lyft, McDonald's, Robinhood, and Amazon itself, to name a few. We'll hear more. Plus, altcoins are poised to take a step into the financial mainstream, and China plans its economic future as it deals with tariff fallout and slowing economic growth.

From the BBC World Service: As members of China's ruling Communist Party gather to discuss the country's economic plans for the next five years, news that growth has slowed to a one-year low hangs over proceedings. Then, Bolivia's next president has said a priority will be tackling his country’s economic crisis. And as Diwali — the Hindu festival of light — begins, we'll ask how consumers in India are dealing with the rising price of gold, which is central to gift-giving there.