Prabowo Subianto will become the president of Indonesia in the Fall. Critics worry that the former general under a previous authoritarian government will roll back democracy. That presents a challenge for the U.S., which once trained and supported Prabowo, then subsequently banned him from entering the U.S. for twenty years.
And a TV song contest in Venezuela in which every song is about the authoritarian president.
Host Jennifer Sanasie breaks down the latest news in the crypto industry from the surge in TON and RNDR tokens to Kraken asking a court to dismiss the SEC claims against the exchange.
To get the show every day, follow the podcast here.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as TON, and RNDR tokens have rallied over 13% in 24 hours. Plus, Kraken's lawyers have asked a court to dismiss the SEC's claims against the exchange. And, Binance and KuCoin became the first offshore crypto-related entities to be approved by India's anti-money laundering unit.
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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.
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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
What a week in news! University of Chicago launched a pre-dawn raid on a pro-Palestinian encampment. President Biden comes to town. And 95 adults file a lawsuit alleging physical and sexual abuse at Illinois juvenile detention centers. Reset breaks down these stories and much more with Block Club Chicago’s Mick Dumke, Washington Post’s Kim Bellware, and Fox 32’s Paris Schutz.
For a full archive of Reset interviews, head over to wbez.org/reset.
Relatively strong earnings results from Shopify and Roblox were overshadowed by questions about the outlook for the rest of the year and whether consumers will keep up the online shopping and in-game spending..
(00:21) Ron Gross and Andy Cross discuss:
- Disney’s path to streaming profitability, and the warnings from Shopify and Roblox that growth in the back half of 2024 might be a bit lighter.
- Trade Desk’s relative strength in a tough earnings environment, and Airbnb bracing for some travel slowdown.
- How drinkmaker Celsius continues to find the energy for growth.
(19:11) Motley Fool Co-founder David Gardner provides some timeless advice for college grads.
(27:27) Ron and Andy break down two stocks on their radar: Toast and Trex.
Mosquitoes are responsible for more human deaths than any other animal. These tiny creatures transmit many diseases, but the most devastating is malaria. It kills over half a million people every year, most of them children.
So why are people still dying of malaria in such large numbers, when so much time and money has been invested in trying to eradicate it? What do we know about mosquitoes and malaria, and what do we still need to learn? CrowdScience visits Malawi, one of the African countries leading the way against malaria, with the rollout of the world’s first malaria vaccine programme.
Presenter Caroline Steel is joined by a live audience and a panel of experts: Wongani Nygulu, Eggrey Aisha Kambewa and Steve Gowelo. Together they explore questions from our listeners in Malawi and around the world, like why female mosquitoes feed on blood while males drink nectar; why some people are more likely to be bitten by mosquitoes than others; and how we might modify the insects’ DNA to stop them spreading diseases.
About half a million children across Malawi have been vaccinated since 2019. We visit a clinic in nearby Chikwawa to meet the staff involved in the vaccination programme there, and the mothers embracing the opportunity to protect their babies against this deadly disease.
Recorded at Malawi Liverpool Wellcome Trust (MLW), Blantyre, Malawi.
Contributors:
Dr. Wongani Nygulu, Epidemiologist, Malaria Alert Centre
Eggrey Aisha Kambewa, MLW entomologist, MLW
Dr. Steve Gowelo, University of California San Francisco Malaria Elimination Initiative
Presenter: Caroline Steel
Producer: Jeremy Grange
Researcher: Imaan Moin
Additional Recording: Margaret Sessa Hawkins & Sophie Ormiston
Editor: Cathy Edwards
Production Co-ordinator: Liz Tuohy
(Photo: A mosquito, that is silhouetted against the moon, bites a human arm. Credit: LWA/Getty Images)
Scientists at the National Oceanic and Atmospheric Administration observed a cluster of sunspots on the surface of the sun this week. With them came solar flares that kicked off a severe geomagnetic storm. That storm is expected to last throughout the weekend as at least five coronal mass ejections — chunks of the sun — are flung out into space, towards Earth! NOAA uses a five point scale to rate these storms, and this weekend's storm is a G4. It's expected to produce auroras as far south as Alabama. To contextualize this storm, we are looking back at the largest solar storm on record: the Carrington Event. Want us to cover more about the sun? Email us at shortwave@npr.org.
Mike Johnson may have seen the light in the SCIF, but is he scheming with Trump for Jan 6, 2025? Plus, imagining Gavin Newsom 2028 if we get to keep our elections, Biden's age still makes every supporter nervous, Kevin McCarthy's vendetta, and Nikki, the wild card. Mark Leibovich joins Tim Miller for the weekend pod.
Paul Diperna, the vice president of research and innovation for EdChoice, joins Federalist Culture Editor Emily Jashinsky to break down the school choice fight and explain how shifting educational opportunities will affect the next generation of students.
If you care about combatting the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
The draft FTX bankruptcy plan is being lauded for paying out more—in dollar terms—to creditors than expected. But it’s at the cost of customers who hold the most valuable assets on the exchange.
Thomas Braziel, managing partner at 117 Partners, dives into the draft FTX bankruptcy plan, which was praised for paying out at more than 100% in dollar terms, but has several intricacies that are drawing criticisms from creditors—including a group that is urging creditors to vote not.
The episode delves into the nuances of the proposed payout, explaining how the estate was able to pay back more than 100% of the dollar value of the claims, why some creditors are being pitted against each other, and why it might get approved even “over the kicking and screaming” of some creditors.
Braziel gives his insights into the rapid formation of this plan, the controversial role of Sullivan and Cromwell, and the logistical challenges posed by what may end up being paper check payouts.
Show highlights:
Why the plan that was filed this week is such big news
How it was never even possible for creditors to be made whole in crypto asset terms
How the majority of depositors had stablecoins on the FTX platform
Why there are “inter-creditor” disputes
What a "cramdown" is and why it's significant in this case
Criticisms of the plan, and why larger investors, especially with crypto holdings, are having their gains socialized
Whether the FTX estate made mistakes by selling some of its positions before they 10x’ed
Why FTX didn't reboot its platform
What conflicts of interest might arise from law firm Sullivan and Cromwell
The tax implications for creditors who are non-US taxpayers
How the claims are going to be distributed
Whether the creditors will favor the proposal and the next steps
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.