From the BBC World Service: The European Union is looking further afield for trade agreements after weeks of testy talks with the U.S. We'll hear how European leaders are feeling and discuss the likelihood of any trade deals. Plus, China holds a powerful card in the global economy: control over rare earth minerals, used in everything from smartphones to wind turbines and electric cars. We travel to the country’s two biggest rare earth mining regions.
Audio Mises Wire - Do Financial Markets Operate Upon Superior Knowledge?
The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.
Original article: https://mises.org/mises-wire/do-financial-markets-operate-upon-superior-knowledge
The Intelligence from The Economist - Old-school Thai: is another coup coming?
After Thailand’s constitutional court suspended the country’s prime minister, our correspondent explains the need for fresh elections to avoid economic stagnation – and the possibility of the army stepping in. More celebrities are setting up businesses. And what the sea slug can teach us about evolution.
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WSJ Minute Briefing - EU, Mexico Risk 30% U.S. Tariffs as Trade Talks Continue
Plus: China’s June exports beat forecasts amid inventory stockpiling. And Elon Musk’s SpaceX agrees to invest $2 billion in his artificial intelligence company, xAI. Azhar Sukri hosts.
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Up First from NPR - Tariffs View From The EU, Ukraine Weapons Plan, Texas Flood Update
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Today's episode of Up First was edited by Miguel Macias, Ryland Barton, Russell Lewis, Janaya Williams and Lisa Thomson. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Damian Herring. And our technical director is Zo van Ginhoven.
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Headlines From The Times - Federal Cuts Hit California, Olympics Image Push, AI and Disaster Misinformation, Tesla Expands to India
California officials warn that federal budget cuts are undermining critical wildfire prevention and water programs—but say the state is fighting back. With the 2028 Olympics approaching, tourism leaders are working to boost California’s image despite safety concerns and financial risks. We also look at how AI chatbots are complicating disaster misinformation, and report on Tesla’s first deliveries to India as it seeks to tap into the country’s growing auto market.
Marketplace All-in-One - Federal tax incentives could mean more tech research and innovation
Marketplace’s Meghan McCarty Carino speaks with Rebecca Lester, a professor of accounting at Stanford, about a tax provision within the One Big Beautiful Bill Act that could further tech R&D and innovation.
WSJ What’s News - Why Women Are Falling Behind Amid the Return to Office
A.M. Edition for July 14. Employers are pushing for more workers to return to the office, but surveys find that many women are still remote working. WSJ reporter Te-Ping Chen explains why that has some economists concerned. Plus, the European Union and Mexico risk 30% U.S. tariffs effective August 1st, as trade talks continue. And President Trump clears the way for Ukraine to receive Patriot air-defense systems. Luke Vargas hosts.
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The Daily - One Rural Doctor on the Real Cost of Medicaid Changes
When Republicans passed their big domestic policy bill just over a week ago, they kept making the same argument about sweeping changes to Medicaid: that the measures, including new work requirements, would encourage able-bodied adults to earn their health care, ultimately creating a fairer system for everyone. Critics said the opposite: they have predicted that millions of working people who need health care will lose it.
The truth will emerge in rural and often Republican-voting areas where cuts to Medicaid funding will be felt most deeply. Natalie Kitroeff spoke to a family doctor in one of those places, western North Carolina, about what she thinks will happen to her patients.
Guest: Shannon Dowler, a family physician and health advocate in western North Carolina.
Background reading:
- In North Carolina, President Trump’s domestic policy law jeopardizes plans to reopen one rural county’s hospital — and health coverage for hundreds of thousands of state residents.
- The nonpartisan Congressional Budget Office predicted that the Senate’s version of Trump’s bill would mean that 11.8 million more Americans would become uninsured by 2034.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Photo: Kaoly Gutierrez for The New York Times
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Start Here - MAGA Splinters Over Epstein
Amid backlash from hardcore MAGA supporters, sources say there are fractures at the highest levels of the Trump Justice Department over the handling of the Jeffrey Epstein case. Chaotic scenes from immigration raids prompt legal questions. And an investigation points the finger at pilots for an Air India crash that killed 260.
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