By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who believe that only “class interests” matter.
The world is reacting to President Trump's announcement of new tariffs on nearly every country on the planet. The move is meant to re-shape the global trading order and some countries are being hit harder than others. NPR correspondents around the world are hearing anger, dismay, threats of retaliation and bewilderment.
Hungary announces it will withdraw from the ICC, Berlin moves to deport four foreign national Gaza protesters, and a French court finds Marine Le Pen guilty of embezzlement. Also: Why aren’t European leaders finding tougher words on Turkey? Can Europe really go it alone? Who will save Radio Free Europe? All that, plus the craziest spy story you ever heard!
The markets are taking a beating on Liberation Day tariff announcements. What do the announcements mean long term? It’s anyone’s guess.
(00:21) Nick Sciple and Ricky Mulvey discuss:
- Why markets are reacting so strongly to the reciprocal tariff announcements.
- How investors can look for opportunities, but “not be a hero” right now.
- Match Group’s new artificial intelligence flirting game.
Then, (17:24) Rick Munarriz joins Ricky for a conversation about Nintendo’s new Switch 2, and how the device could boost earnings for the video game maker.
How Myanmar’s tragic earthquake left a 500km scar on the surface of the earth in just 90 seconds. Also, more hints of a link between shingles vaccines and reduced dementia, and how earth’s first oxygen breathers seem to have evolved way before there was enough oxygen to breath.
Judith Hubbard is a seismologist and earthquake analyst who has been gleaning what scientific information we can find on the tragic quake that struck Myanmar last week.
There seems to be some sort of link between the herpes virus that causes shingles and some people’s risk of Alzheimer’s dementia. At least, the latest paper appears to confirm so, according to an analysis published in Nature this week. Pascal Geldsetzer of Stanford University and colleagues have looked at data from public health records in NHS Wales in the UK, and have retrospectively performed a “natural experiment”, finding a clear suggestion that a vaccine against the virus that causes shingles seems to confer a lower likelihood of developing dementia over the subsequent seven years. Quite why this happens remains moot.
And a long time ago, and for a long time, life on earth was nought but bacteria. The atmosphere was also nearly devoid of oxygen. These ancient bacteria leave scant fossil records, whilst the rocks show a clear time – known as the Great Oxidation Event – when earth’s atmosphere transformed to something more like the oxygen rich air we breath now. A pervading chicken-and-egg question asks whether the atmosphere changed and life adapted, or did life somehow evolve and transform the atmosphere? A team publishing in Science this week have performed an innovative analysis of bacterial genomes that suggests that the ability to use oxygen in respiration evolved some 900 million years before the atmosphere transformed. The question still stands, but as the team explain, the new analysis provides at least a clear timeline for why we breath the way we do today.
Presenter: Roland Pease
Producer: Alex Mansfield
Production Coordinator: Josie Hardy
(Image: People ride a scooter past the rubble of damaged Buddhist pagoda in Mandalay on April 3, 2025. Credit: Sai Aung MAIN / AFP via Getty Images)
The latest price moves and insights with Jennifer Sanasie and CoinFund Managing Partner and Head of Venture Investments David Pakman.
To get the show every day, follow the podcast here.
CoinFund Managing Partner and Head of Venture Investments David Pakman joins CoinDesk to discuss the long-term potential of crypto as the industry readies for major adoption and innovation. Plus, an outlook on a world where everything is being moved on-chain.
This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
For centuries, it was often understood that "seeing was believing" -- while people might embellish a story, and write whatever falsehoods they wished, visually witnessing an event was solid proof of what actually happened in any given situation. Yet this no longer holds true in the modern age. Photographs have been faked since, well, the invention of photography, and video followed shortly thereafter. However, new technology is enabling the creation of fake video with an unprecedented level of sophistication and believability. So what happens when we can no longer believe our own eyes? How will the world react to the rise of the Deep Fake?
The Trump administration's cutbacks to the federal workforce continued this week at the Department of Health and Human Services.
Thousands of staffers were fired at agencies like the Food and Drug Administration and the Centers for Disease Control and Prevention. HHS Secretary Robert F. Kennedy Jr. announced the layoffs last week, an additional "reduction in force" of 10,000 people on top of the 10,000 who've already left the department this year. This amounts to one of the largest government departments losing a quarter of its workforce.
One of the agencies affected is the National Institutes of Health. The network of research centers funds much of the country's biomedical research.
We discuss what the layoffs at the NIH mean for the country's ability to research and develop medical treatments.
The market plunge is just pure Trump chaos, and perfectly matches his record as a businessman. From his numerous bankruptcies and many failures—including his airline, his casinos, his university, his water, and his steaks—he's been running one long con. And the supposedly smart people who should have known better put him back in power, somehow thinking he would never do something like destroy global trade. Meanwhile, in Michigan, where there have already been job losses directly caused by Trump's tariff war, State Senator Mallory McMorrow announced she's running for the U.S. Senate—saying she's had enough of the leadership and the bullshit in DC.
Bloomberg's Tracy Alloway and Mallory McMorrow join Tim Miller. show notes