Could the Chinese Yuan Ever Replace the US Dollar?
Big Take24 Syys 2024

Could the Chinese Yuan Ever Replace the US Dollar?

Talk of de-dollarization has been gaining momentum among China, India, Brazil, Russia and South Africa in the wake of significant US led sanctions on Russia. Former US President and candidate Donald Trump has said the currency is under attack — and that any country that shuns it would face new tariffs on imports if he is elected.

On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Saleha Mohsin about the unique role the dollar plays in the world economy — and what, if anything, could replace it.

Read more: The Dollar’s Dominance, Explained

Further listening: Odd Lots Podcast – How the US Dollar Became an International Weapon of War

See omnystudio.com/listener for privacy information.

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Is Trump’s Trade War Strategy Working?

Is Trump’s Trade War Strategy Working?

As President Donald Trump’s goalposts for his trade war continue to shift, Big Take host Sarah Holder sits down with Bloomberg’s global trade editor Brendan Murray to discuss where things stand and how Trump has dramatically shifted America’s approach to international trade deals.Read more: How Trump Let $1 Trillion Worth of Imports Escape His Tariff HammerSee omnystudio.com/listener for privacy information.

1 Elo 13min

Why It’s So Hard to Buy or Sell a House Right Now

Why It’s So Hard to Buy or Sell a House Right Now

The US housing market just posted its slowest spring season in more than a dozen years. Experts are pointing to a combination of factors: high prices, elevated mortgage rates and economic uncertainty in America. So what would it take to turn things around? Big Take host Sarah Holder spoke with Bloomberg housing reporter Prashant Gopal and real estate agents in major markets about the challenges for buyers and sellers. Read more: US Housing Market Posts Worst Spring Selling Season in 13 YearsSee omnystudio.com/listener for privacy information.

31 Heinä 12min

The Promise of Stablecoin: A Cryptocurrency Meant to Be Boring

The Promise of Stablecoin: A Cryptocurrency Meant to Be Boring

President Trump signed the Genius Act, the US’s first major federal cryptocurrency legislation, earlier this month. The law focuses on one type of cryptocurrency: stablecoins. So, what exactly is a stablecoin? On today’s Big Take podcast, Bloomberg’s Emily Mason joins host Sarah Holder to break down what stablecoins are, how they work and what their wider adoption could mean for the crypto industry, banks and consumers.See omnystudio.com/listener for privacy information.

30 Heinä 18min

China Bets Big on a $167 Billion Tibetan Dam

China Bets Big on a $167 Billion Tibetan Dam

China is building the largest power plant the world has ever seen, in a very remote corner of Tibet. But the $167 billion hydropower dam has environmentalists and neighboring countries concerned. On today’s Big Take Asia Podcast, host Menaka Doshi speaks to Bloomberg’s Dan Murtaugh about the engineering and geopolitical challenges, and the impact construction will have on the country’s economy.Read more: Xi Ties His Legacy and China’s Economy to $167 Billion Dam Further listening: China's Plans to Make AI a UtilitySee omnystudio.com/listener for privacy information.

29 Heinä 14min

Crunching the Numbers on President Trump’s Trade War

Crunching the Numbers on President Trump’s Trade War

For months, the impact of President Trump’s aggressive trade policy has largely felt theoretical. But with an Aug. 1 tariff extension on the horizon and a consequential week ahead for the president’s broader economic agenda, the cracks are beginning to show. On today’s Big Take podcast, Bloomberg senior economic writer Shawn Donnan joins David Gura to break down the tariff fallout hiding in plain sight, and which sectors and countries are being hit the hardest.See omnystudio.com/listener for privacy information.

27 Heinä 18min

What Keeps Former National Security Advisor Jake Sullivan Up at Night

What Keeps Former National Security Advisor Jake Sullivan Up at Night

On today’s Big Take podcast, host David Gura sits down with former National Security Advisor Jake Sullivan. In a wide-ranging conversation, they discuss Sullivan’s tenure in the Biden White House, the consequences of President Trump’s cuts to foreign assistance and government staff, and what Sullivan sees as the most pressing foreign policy challenges facing the current administration.See omnystudio.com/listener for privacy information.

25 Heinä 31min

Oil and Gas Made the University of Texas Rich. Can Green Energy Make It Richer?

Oil and Gas Made the University of Texas Rich. Can Green Energy Make It Richer?

With more than $50 billion under management, Harvard has the largest college endowment in the United States. But the University of Texas is not far behind. On today’s Big Take podcast, Bloomberg’s Janet Lorin joins host David Gura to discuss how the University of Texas harnessed land and oil to build the second-largest endowment in higher education and why it’s now adding new kinds of energy — and new ventures — to its portfolio. Read more: Oil-Rich University of Texas Wants to Cash In on AI, Crypto and PowerSee omnystudio.com/listener for privacy information.

24 Heinä 10min

After US-Japan Trade Deal, What’s Next in Trump’s Trade War

After US-Japan Trade Deal, What’s Next in Trump’s Trade War

Bob Zoellick and Mike Froman spent years crisscrossing the globe as US Trade Representatives for George W. Bush and Barack Obama, respectively. They hammered out deals that accelerated an era of free trade.As President Donald Trump’s August 1 tariff deadline approaches and Japan strikes a major deal with his trade team, David Gura brings the two former trade officials together to get their take on the president’s efforts to reshape the global economy.See omnystudio.com/listener for privacy information.

23 Heinä 24min

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