A small toy monster with a toothy grin, known as a Labubu doll, has taken the world by storm, adorning the bags of millions of consumers — including popstar Rihanna and tennis champion Naomi Osaka. Some editions fetch thousands of dollars on resale, and Pop Mart, the Chinese maker of the toys, saw revenue jump over 200% in the first half of the year. But our Asia Global Business Managing Editor Rachel Chang joins Caroline Hepker to discuss how the modern toy trend started, and if it can continue.See omnystudio.com/listener for privacy information.
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Here's Why NATO Needs Better Drone Defenses
Recent incursions by Russian drones into NATO airspace had caused alarm across Europe, and triggered a military response from Poland. EU Commission President Ursula von der Leyen has promised a 'drone wall' along its eastern border - but what would it take to build more effective defenses? Our Global Defense Editor Gerry Doyle joins host Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.
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Here's Why Trump's War on Wind Farms Isn't Just Hot Air
President Trump has never failed to hide his dislike for wind farms. He says they massacre birds, cause cancer, and drive whales crazy. But now his attack on renewable power is reshaping the US energy landscape, jeopardizing thousands of jobs, and billions in investment. His administration is stopping wind farms and solar projects, revoking permits, and making every effort to reverse President Biden's green agenda. Rachel Morison, who leads Bloomberg's, Power, Gas, and Renewables Coverage in Europe joins host Caroline Hepker to discussSee omnystudio.com/listener for privacy information.
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Here’s Why Trump’s Fed Pressure Campaign May Deliver
Donald Trump has never hidden his frustration with the Federal Reserve — and now, back in the White House, his attacks have only intensified. From insults directed at Chair Jerome Powell to threats against Fed Governor Lisa Cook, the president is waging an extraordinary campaign to push the central bank into cutting interest rates.It’s a striking challenge to central bank independence in the world’s largest economy. But could Trump’s unconventional pressure actually work?Bloomberg White House correspondent Catherine Lucey joins host Stephen Carroll to break down what’s at stake for the Fed, financial markets, and the future of US economic policy.See omnystudio.com/listener for privacy information.
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Here's Why A Big Tariff Problem Comes In Small Packages
The loophole that has allowed packages worth less than $800 to enter the United States tariff-free has ended after nearly 90 years. It's a major change for small businesses, shippers and consumers, and several European postal services have suspended deliveries of parcels to the US as a result. Our Trade Tsar Brendan Murray joins host Stephen Carroll to discuss the ramifications.See omnystudio.com/listener for privacy information.
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