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We're back after a patriotic Fourth of July to talk about the anti-patriotic Democratic nominee for mayor of New York City and whether there are ways in which he can be made to lose the November election. Is the best way the one least talked about? We also discuss the horrible Texas disaster, the One Big Beautiful Bill, Elon Musk's new party, and the Bibi visit. Give a listen.
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Two people have reportedly died of gunshot wounds after police opened fire during protests in Kenya. It's the latest in a wave of anti-government rallies that began last year. The demonstrations mark the 35th anniversary of the historic Saba Saba protests that launched Kenya's push for multiparty democracy. Security forces blocked all major roads into central Nairobi ahead of the protests. We'll hear analysis.
Also, we are in Morocco as the Women's Africa Cup of Nations (Wafcon) gets underway. How has the host country fared so far?
And a conversation with musical icon Angélique Kidjo about her Hollywood Walk of Fame recognition!
Presenter: Richard Kagoe Producers: Nyasha Michelle, Tom Kavanagh and Yvette Twagiramariya Technical Producer: Frank McWeeny Senior Journalist: Karnie Sharp Editors: Andre Lombard and Karnie Sharp
Although President Trump has claimed that tariffs will ultimately raise our standard of living, they really are taxes on consumers. Furthermore, tariffs also deny consumers the choices they want to make.
Original article: https://mises.org/mises-wire/tariffs-destroy-consumer-choice
Death toll rises from Texas floods as searchers continue to look for the missing. Looming tariff deadline. Israel's leader at the White House. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Wednesday marks the deadline for countries around the world to strike new trade deals with the U.S. The steep reciprocal tariffs President Trump announced, and then delayed, back in April could come roaring back. Or maybe not. Mixed messages from President Trump and his advisors have left the outcome uncertain. But as the Wednesday deadline approaches, there are a number of new developments. Also on the show: consumer inflation expectations and knockoff clothing designs.
Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.
Original article: https://mises.org/mises-wire/futility-price-stability-policies
From the BBC World Service: An alliance of emerging countries — which includes Brazil, South Africa, China and Russia — has criticized the Trump administration’s tariffs, causing the president to threaten them with an extra 10% tariff on trade. And as trade tensions rise, we take a look at how the art of negotiations are being transformed by the U.S. approach to trade deals.
Plus: At least 82 have died in Central Texas following Friday’s flash floods. And Tesla shares drop as Elon Musk promises to create a new political party. Luke Vargas hosts.
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