How American oil companies are responding following U.S. action in Venezuela? And why were Constellation investors happy with lower beer sales? Plus, how can a big pharma deal help Eli Lilly compete in a new treatment area? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
You saw it. We all saw it. We all saw what happened in Minneapolis when an ICE agent shot and killed Renee Good for the crime of being in her car. This week on Amicus, Dahlia Lithwick and Mark Joseph Stern attempt to digest this week’s horrific events and wonder if there is even a possibility of justice. Dahlia recommends “They Didn’t Even Need A Deepfake” by Slate’s Molly Olmstead.
Later in the show, Mark speaks with Brian Finucane, a senior advisor to the International Crisis Group. He spent a decade in the U.S. State Department’s Office of the Legal Adviser. Brian and Mark discuss the lawlessness of Trump’s foreign policy (cough cough, Venezuela), and how the administration’s approach embraces some of the worst aspects of tough-guy masculinity.
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When people think of oil rich nations their mind generally goes to Saudi Arabia, Iraq and the US.
But according to international statistics, the country with the largest oil reserves is Venezuela, with 300 billion barrels worth.
At their peak they produced over 3.5 million barrels of the stuff per day. However, due to lack of investment, sanctions and mismanagement that peak is long gone.
Following their military intervention, the US administration claims they can get Venezuela's oil production up and running at full capacity within 18 months.
But can they, and why is it that estimates for other countries oil reserves have fluctuated but Venezuela’s has stayed at 300 billion barrels for over two decades?
Presenter: Tim Harford
Producer: Lizzy McNeill
Series Producer: Tom Colls
Editor: Richard Vadon
Production Co-Ordinator: Brenda Brown
Sound Mix: Dave O’Neill
Videos and messages that have made their way out of Iran despite an internet blackout show crowds gathering to protest against the government for a 13th night. Rights groups say they have documented the deaths of around 50 demonstrators amid an increasingly violent response by the authorities. Donald Trump has again warned that the US could strike Iran if protesters are killed, while Iran's leadership has accused the US of stoking unrest.
Also: a new video has emerged of the deadly shooting of a woman in Minneapolis by a US immigration enforcement officer, filmed by the agent who fired the lethal shots. We look at the family feud of the Beckhams. The mind-reader Oz Pearlman leaves a BBC presenter stunned when performing one of his tricks. Ten years after David Bowie's death, the musician's childhood home is set to open to the public. And is golf really a sport?
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Are we in an AI bubble? That’s the $35 trillion dollar question right now as the stock market soars higher and higher. The problem is that bubbles are famously hard to spot. But some economists say they may have found some telltale clues.
On our latest: How do economists detect a bubble? And, how much should society be worried about bubbles in the first place?
This episode was produced by Willa Rubin and edited by Marianne McCune. It was fact-checked by Sierra Juarez and engineered by Cena Loffredo and Robert Rodriguez. Alex Goldmark is our executive producer.
Music: NPR Source Audio - “The best is yet to come,” “Marsh mellow,” and “Sunshine beat”
We start the week in Minneapolis where a 37-year-old woman was shot and killed by an ICE officer on Wednesday. Authorities claim the woman attacked officers while they were digging their car out of the snow, but video from the scene and the municipal officials heavily dispute that claim.
And the Trump administration’s actions in Venezuela are having ripple effects across the globe. Europe is on edge as the U.S president this week suggested the territory could be in his crosshairs next, raising questions about America’s relationship with NATO.