Abandoned Electric Cars ‘As Far As The Eye Can See’
Big Take7 Syys 2023

Abandoned Electric Cars ‘As Far As The Eye Can See’

Growing sales of electric vehicles around the world have also come with growing pains. In China, outdated models no one wants pile up in vast EV graveyards. In Norway, tax breaks for electric car buyers have been so successful that the government faces a revenue shortfall.

Bloomberg’s Linda Lew and Businessweek contributor Willem Marx join this episode to talk about the upsides—and downsides—of the EV boom. And Oslo city councilman Eivind Trædal explains why electric cars can sometimes make the problem of traffic-clogged streets even worse.

Read more: China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

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Having a Baby? This Company Will Give You $72,000

Having a Baby? This Company Will Give You $72,000

South Korean companies are offering workers tens of thousands of dollars (tax free) to have babies. But are cash incentives enough to address the country’s record-low fertility rates? K. Oanh Ha and Bloomberg’s Hyonhee Shin explore on today’s Big Take Asia podcast. Read more: Korean Companies Pay Employees Huge Sums to Have More KidsSee omnystudio.com/listener for privacy information.

14 Loka 15min

The Front Lines of Trump's Trade War? Look at Kentucky

The Front Lines of Trump's Trade War? Look at Kentucky

There’s an unexpected place starting to feel the impact of US President Donald Trump’s trade war: Kentucky. Bloomberg’s Josh Wingrove visited Governor Andy Beshear, the Democrat leading the red state, to understand the economic consequences tariffs have had on Kentucky’s manufacturing industry – and its iconic bourbon. Wingrove sits down with host Sarah Holder to talk about their conversation and his time in the bluegrass state. Read more: Kentucky Governor Grapples With Tariffs, Says 2028 Call Can Wait - BloombergSee omnystudio.com/listener for privacy information.

13 Loka 17min

The Rebel Army Behind One of the World’s Major Rare-Earth Supplies

The Rebel Army Behind One of the World’s Major Rare-Earth Supplies

Myanmar is the world’s third-largest producer of rare earths and a critical supplier for neighboring China. But rebels have recently taken control of most of the country’s mines — creating a complicated situation for Beijing and for global supply chains. On today’s Big Take Asia Podcast, host K. Oanh Ha and reporter Timothy McLaughlin discuss the Kachin Independence Organization’s control of a majority of Myanmar’s rare-earth mines, how the change is shifting Myanmar's political dynamics and what the group’s growing influence could mean for the future of rare earths. Read more: A Rebel Army Is Building a Rare-Earth Empire on China’s BorderSee omnystudio.com/listener for privacy information.

10 Loka 16min

The International Pressure That Led to the Israel-Hamas Ceasefire

The International Pressure That Led to the Israel-Hamas Ceasefire

Escalating international and economic pressure led to a new peace deal in Gaza. On today’s Big Take podcast, host Sarah Holder is joined by Bloomberg’s Joumanna Bercetche, Fares Alghoul and Galit Altstein to discuss the factors that brought Israel and Hamas to the negotiating table, what they’ve agreed to so far and the outlook for the region after more than two years of war. Read more: Israel Says Gaza Ceasefire Now in Effect After Hostage DealSee omnystudio.com/listener for privacy information.

9 Loka 21min

The AI Deals Raising Fears of a New Tech Bubble

The AI Deals Raising Fears of a New Tech Bubble

OpenAI and AMD. OpenAI and Nvidia. Oracle and OpenAI. Nvidia and Oracle. There is so much AI-on-AI dealmaking happening in the industry right now, it can be hard to keep track of who has a deal with who — and increasingly, it seems everyone has a deal with everyone else. Today on the Big Take, host Sarah Holder speaks with technology reporter Emily Forgash about the AI giants making circular deals — and why some analysts and experts are concerned about the trend. Read more: OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular DealsSee omnystudio.com/listener for privacy information.

8 Loka 15min

The Rise of Japan’s ‘Iron Lady’ and Its Political Shift to the Right

The Rise of Japan’s ‘Iron Lady’ and Its Political Shift to the Right

For the first time in history, Japan’s ruling party has elected a woman as its leader. Sanae Takaichi, 64, is an unconventional figure — and now she’s on track to become Japan’s first female prime minister. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Paul Jackson about Takaichi’s path to power, why her politics aren’t resonating with some Japanese women and what her leadership could mean for Japan’s economy and its relationship with the United States. Read more: Japan Braces for Shift to Right Under ‘Iron Lady’ Fan Takaichi - BloombergSee omnystudio.com/listener for privacy information.

7 Loka 19min

Pay Up Or Move Out: The Americans Losing Their Homes to ‘Zombie’ Mortgages

Pay Up Or Move Out: The Americans Losing Their Homes to ‘Zombie’ Mortgages

They’re called “zombie” mortgages: old second loans from the subprime era that many homeowners had good reason to believe were canceled or forgotten. Now, years later, debt collectors are coming after the money. And they’re ready to foreclose if people can’t pay. It sounds like a horror story, but a new Bloomberg investigation has found that it’s a terrifying reality — and hundreds of thousands of homeowners could be at risk. On today’s Big Take podcast host Sarah Holder and Bloomberg data journalist Noah Buhayar look at what a trove of records from one debt collection company tells us about how the industry operates as a whole and why cashing in on dormant mortgages has become big business. Read more: How Debt Collectors Spin Riches from Zombie LoansSee omnystudio.com/listener for privacy information.

6 Loka 20min

Will the Shutdown Lead to DOGE 2.0?

Will the Shutdown Lead to DOGE 2.0?

Today on the Big Take, we hear from our colleagues over at Everybody's Business, Stacey Vanek Smith and Max Chafkin. This week’s topics include a possible return of DOGE-like cuts due to the shutdown, the wild ride of crypto entrepreneur Justin Sun and a very surprising economic indicator.See omnystudio.com/listener for privacy information.

5 Loka 42min

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