Maduro bet arrest, Iranian speedboats, marijuana and fast fashion’s war problem

About this episode

The episode discusses a U.S. Army soldier's arrest related to betting on Maduro's capture, Iran's seizure of ships, marijuana reclassification, and the impact of fossil fuel prices on fast fashion.

A U.S. Army soldier is charged with using classified information to bet on the capture of Venezuelan President Nicolas Maduro. Iran uses a swarm of speedboats to seize two container ships near the Strait of Hormuz. The U.S. reclassifies marijuana as a less dangerous drug. And your wardrobe is caught in the crossfire as a surge in fossil fuel prices squeezes polyester suppliers and garment makers. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Topics covered

• U.S. Army soldier arrest
• Iranian speedboats
• marijuana reclassification
• fossil fuel prices
• fast fashion
• polyester supply chain

Keywords

• Nicolas Maduro
• U.S. Army
• Iran
• marijuana
• fossil fuels
• fast fashion
• polyester

Mentioned in this episode

Organizations: U.S. Army, Iran

Products: marijuana, polyester

Places: Strait of Hormuz

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