Libya’s $5 Billion Fuel-Smuggling Trade Has a Russia Problem
In September 2022, a tanker called the Queen Majeda was stopped by authorities in Albanian waters, stuffed to the gills with $2 million worth of marine gas oil. The ship was coming from Libya’s port o...
6 Feb 202413min
Investors Have Sky-High Hopes for AI. Can the Tech Deliver?
The seemingly vast profit potential of artificial intelligence has helped buoy the stock prices of tech behemoths like Alphabet, Apple and the rest of the Magnificent Seven. But last week’s earnings s...
5 Feb 202416min
America’s ‘Debt Spiral’ Is Nearing a Critical Threshold
When the US borrows money, just like any borrower, it needs to pay its loans back with interest.The national debt right now is $34 trillion and rising. Soon, America will need to spend more each year ...
2 Feb 202413min
The Brutal Crime Crackdown Taking Hold Across Latin America
Nayib Bukele has brought violent criminal gangs to a heel in El Salvador, transforming the country into one of the safest in Latin America. That’s made him extremely popular, even as human rights grou...
2 Feb 202415min
Why Wind Farms Are Paid Millions to Turn Off
The UK is in the midst of a green energy transformation, with more than 40% of its electricity coming from wind power as of December. But wind can be unpredictable and the grid can’t always handle the...
31 Jan 202416min
A New Era for Microsoft, Activision — And for Gaming
Microsoft recently cut 1,900 jobs from its gaming division and among the layoffs were many at the recently acquired video game developer Activision Blizzard. Blizzard Entertainment’s President Mike Yb...
30 Jan 202410min
Shawn Fain Takes On the EV Industry and the Election
United Auto Workers President Shawn Fain has been in the news almost nonstop for successfully negotiating a new contract for union members and, most recently, endorsing President Joe Biden for re-elec...
29 Jan 202419min
Economists May Be Using Bad Data to Make Big Decisions
Bloomberg’s Big Take DC podcast looks into how the US managed to avoid a recession — and whether the Federal Reserve’s decisions were based on reliable data.Bloomberg’s Saleha Mohsin talked with Claud...
26 Jan 202416min
