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European leaders express outrage after Russian strikes kill 21 and damage EU's HQ. The EU's ambassador to Kyiv, Katarina Mathernova says "Putin has zero interest in peace".
Also in the programme: EU triggers sanctions snap-back on Iran; and a new exhibition of GGonzo artist Ralph Steadman's drawings.
(Image: European Commission President Ursula von der Leyen delivers a speech following the latest Russian attacks on Kyiv. Credit: EPA)
Mass protests are erupting in Britain, Germany, and the Netherlands over unchecked migration and crime. Leaders like German Chancellor Friedrich Merz admit that their welfare states can no longer sustain massive entitlement spending for migrants who entered illegally.
Victor Davis Hanson lays out why Europe’s future hangs in the balance and what steps it must take to restore stability, security, and common sense on today’s episode of “Victor Davis Hanson: In His Own Words.”
“The whole socialist paradigm is not producing goods and service that allow such general entitlements. The borders are insecure. Illegal immigrants are not assimilated, acculturated, integrated into the German, French, European body politic. And they're gonna have a terrible time spending 5% of GDP to defend themselves. This is in addition to having to lower their $200 billion surplus with the United States.
“We know what Europe has to do. It has to return to commonsense energy policies; use their natural gas, use oil, to the extent they have it; build nuclear plants; be competitive on the world market, in terms of energy cost. They need to secure their borders. They need to have legal-only immigration. They need to prune back the state, the socialist state. Can they do it?”
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(0:00) Europe's Growing Concerns
(2:14) Energy Crisis and Economic Impact
(3:15) Postwar Order and Military Spending
(5:54) Challenges and Future Directions
(6:39) Conclusion
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The chipmaker’s stock was down less than 1%. Plus: Spam maker Hormel Foods announces price increases. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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P.M. Edition for Aug. 28. The Treasury Department has put out a report about a Chinese money laundering network that has moved billions of dollars through U.S. banks, and how that money is being used to support criminals like Mexican drug cartels. WSJ reporter Dylan Tokar joins to discuss how the network functions, and what the Trump administration is planning to do about it. Plus, Federal Reserve governor Lisa Cook files a lawsuit over President Trump’s attempt to fire her. And starting at midnight tonight, shipments of goods to the U.S. worth $800 or less will be subject to tariffs. We hear from Journal reporter Esther Fung about who will be footing the bill. Alex Ossola hosts.
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Can NVIDIA’s recent earnings continue to bolster the market? Or maybe Nano Banana is the savior of AI?
Travis Hoium, Jon Quast, and Dan Caplinger discuss:
- NVIDIA’s earnings
- Nano Banana from Google Gemini
- Spotify gets social
- Dollar General show momentum in retail.
Companies discussed: NVIDIA (NVDA), Alphabet (GOOG), Microsoft (MSFT), Meta Platforms (META), Dollar General (DG), Dollarama (DOL), Spotify (SPOT).
Host: Travis Hoium
Guests: Jon Quast, Dan Caplinger
Engineer: Bart Shannon
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The Trump administration’s “Make America Healthy Again” agenda has shaken big food companies already reeling from shifting consumer preferences. Cereal giant WK Kellogg, already struggling as Americans move away from cereal, is at the center of many MAHA attacks. WSJ’s Jesse Newman reports on Kellogg's journey from American icon to MAHA target. Allison Pohle hosts.
Further Listening:
The FDA Boss on the Agency’s MAHA Makeover
Why Coke Isn’t Getting Rid of High-Fructose Corn Syrup
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What can modern epidemiological methods tell us about French Revolutionary history? Also, the origins of horse riding, solar systems, and star dust itself.
Presenter: Roland Pease Producer: Alex Mansfield Production Coordinator: Jana Bennett-Holesworth
(Image: Storming of the Bastille Paris France 1789 illustration. Credit: Grafissimo via Getty Images).
When the U.S. withdrew from Afghanistan and the Taliban took control, China stepped in with a sizable investment to develop oil fields. But now the Afghan Government has cut the contract and the Chinese firm says the Taliban took some of its workers hostage.
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Plus: Best Buy posts surprise sales increase as consumer spending on electronics held up despite higher prices. And CrowdStrike swung to a loss in the second quarter. Julie Chang hosts.
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