Plus: Costco is suing the Trump administration in an effort to make sure it can get a full refund of tariffs it’s already paid if the Supreme Court rules against the tariffs. And former Honduran President Juan Orlando Hernández leaves U.S. prison after getting a pardon from President Trump. Anthony Bansie hosts.
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.
Special envoy, Steve Witkoff, meets President Putin at the Kremlin with the latest US plan to end war in Ukraine. President Zelensky says Ukraine is committed to achieving a "real and secure peace". Also: The number of dead in the devastating floods and landslides in Sumatra in Indonesia has risen to more than seven-hundred. Hundreds more are feared buried in mud; the Sri Lankan authorities say the flash flooding and landslides have also killed hundreds there. One-hundred-and-fifty-thousand people have attended a mass held by Pope Leo in Beirut. A special BBC report on a dam collapse at a Chinese copper mine in Zambia leading to toxic waste, including heavy metals, pouring into the surrounding waterways and farmland.
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Markus Thielen, 10x Research, predicts an imminent crypto bear market and up to a 60% correction in 2026.
Is the crypto bull run over? In this episode of Markets Outlook, Markus Thielen, founder of 10x Research, joins CoinDesk's Jennifer Sanasie, to discuss why we might be heading into a bear market in 2026.
Thielen argues that US stocks historically perform poorly during midterm election cycles. Combining this historical trend with the "institutional fatigue" visible in recent ETF outflows, he breaks down the data suggesting a potential 60% correction is on the horizon.
We also discuss the recent shift in "Whale" accumulation behavior and why the "digital gold" narrative is currently struggling to keep pace with physical gold performance.
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Break the cycle of exploitation.
Break down the barriers to truth.
Break into the next generation of privacy.
Break Free.
Free to scroll without being monetized.
Free from censorship.
Freedom without fear.
We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design.
Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms and no prepayment penalties. They have the lowest rates in the industry at 8.91%, allowing you to access instant cash or buy more Bitcoin without triggering a tax event.
Today we take up the New York Times and its implicit takedown of the Washington Post story claiming Secretary of Defense Pete Hegseth ordered a second strike in an attack on a drug-smuggling boat in September. Then we wonder what possible incentive the U.S. can offer Russia to take its "peace deal." And for today's COMMENTARY RECOMMENDS, I choose the actor Tim Blake Nelson's novel Superhero. Give a listen.
Located in Surrey, the Princess Royal Barracks, Deepcut (more often known as the Deepcut Barracks) was once the headquarters of the British Army's Royal Logistic Corp. On paper, Deepcut seemed to be a successful military installation -- yet it had a dark side. Young trainees were routinely bullied and abused, with little high-level oversight. A series of controversial trainee deaths between 1995 and 2002 were all ruled suicides, and, despite complaints and calls for investigation from grieving family members, forensic experts and more, this remains the official conclusion of the UK government today. Almost a decade since the last documented death, questions remain. Does the British Army have something to hide? Tune in to learn more in this Classic episode of the Stuff They Don't Want You To Know about the Deepcut Four.
Corporate bond spreads, extra compensation that corporate bonds pay out compared to government bonds, have been narrowing this year, which means investors aren’t demanding much additional money to account for additional credit risk. That could indicate that investors think economic growth could pick up in the near term. Also on the program: a trade deal regarding U.K. pharmaceuticals and OPEC's plans to keep oil production flat to start the new year.
The number of dead in the devastating floods and landslides on the Indonesian island of Sumatra has risen to more than 700. In addition, 500 people are still reported missing, with many feared buried under mud. Around one million people have been evacuated from their homes, with meaningful assistance still yet to reach hard-hit isolated areas. Newshour got through to one resident, a man called Lodewick Marpaung in north Sumatra. He pleaded for help.
Also in the programme: US envoy Steve Witkoff is heading to the Kremlin - can he strike a deal on Ukraine? Also, Japan's new leader says she's giving up her own work-life balance - and everyone must 'work like a horse'.
(Photo: A picture taken with a drone shows piles of wood that were swept away by the floodwaters in a flood-affected village in Sumatra, Indonesia, 1 December 2025. Floods and landslides triggered by Tropical Cyclone Senyar hit Aceh, North Sumatra, and West Sumatra provinces. Credit: Hotli Simanjuntak/ EPA/Shutterstock)
Bitcoin exited November down 17.5% in one of its largest monthly declines in three years. Traders are worried about potential MSCI methodology changes that could affect firms collectively holding more than $137 billion in digital assets. Will bitcoin continue to dip and test the $64,000 technical target? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
-
Break the cycle of exploitation.
Break down the barriers to truth.
Break into the next generation of privacy.
Break Free.
Free to scroll without being monetized.
Free from censorship.
Freedom without fear.
We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design.
Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms and no prepayment penalties. They have the lowest rates in the industry at 8.91%, allowing you to access instant cash or buy more Bitcoin without triggering a tax event.
A rare conversation with Egypt's Foreign Minister about the Sudan War and the tensions with Ethiopia over the river Nile, and Focus on Africa moves its hub from London to Nairobi.
Egypt's Foreign Minister Dr Badr Abdelatty has denied that his country is supporting the Sudanese Armed Forces in the war against the paramilitary Rapid Support Forces. He also spoke about tensions with Ethiopia after the collapse of talks over use of the waters of River Nile.
And after more than six decades of broadcasting from London, Focus on Africa has just arrived in its new home, Nairobi.
Presenter : Nkechi Ogbonna
Producers: Bella Twine, Keikantse Shumba and Ly Truong
Technical Producer: Philip Bull
Senior Producer: Charles Gitonga
Editors: Samuel Murunga and Maryam Abdalla