A $50 Trillion Problem, Poland Troops U-Turn, Ebola Aid Cuts Impact

About this episode

The episode discusses inflation trends, the impact of the Iran war on Europe, military troop deployments to Poland, and the Ebola outbreak in Africa.

Your morning briefing. All the news you need to start your day. On today's podcast: (1) One inflation spike in the 2020s might be an accident, the world’s biggest bond markets seem to have decided, but two looks like an alarming new trend. (2) The euro area will slow markedly while suffering the fastest inflation since 2023 as it succumbs to the energy-cost surge from the Iran war, according to the European Commission. (3) Confidence among the lowest-earning Britons plunged in May and even those on average pay are digging into savings to meet everyday expenses as the Iran energy shock hits household budgets, a key survey found. (4) Iran said the latest proposal from the US partly bridged the gap between the warring sides, but comments from the Islamic Republic’s supreme leader about keeping Tehran’s uranium stockpile and a dispute over tolls in the Strait of Hormuz clouded the outlook for a breakthrough. (5) President Donald Trump said he would send an additional 5,000 troops to Poland, reversing course on a plan to suspend an Army deployment to the country amid a feud with other NATO nations over what he saw as their refusal to help in the Iran war. (6)…

People in this episode

Guest: Jennifer Zabasajja

Topics covered

• inflation
• energy crisis
• Ebola outbreak
• NATO
• military deployment
• economic confidence
• Iran war

Keywords

• inflation
• Ebola
• Iran
• Poland
• NATO
• energy costs
• Trump
• European Commission
• economic confidence

Mentioned in this episode

Organizations: European Commission, Iran

Places: Poland, Strait of Hormuz, Europe

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