US Treasury yields soar
Summary
US Treasury yields hit a seven-year high as strong economic data fuels inflation fears, while Iran’s president pushes back against Trump’s threats at the UN. The UK faces a tough budget with rising borrowing costs and energy prices, forcing Chancellor Healey to consider tax hikes or spending cuts. Additionally, the FT reveals how Rosneft used a Kremlin-backed network to evade sanctions, and Syria grapples with the challenge of prosecuting Assad-era crimes without triggering sectarian conflict.
Topics discussed
Sponsor: Hard Lessons podcast
Introduction and news overview
US Treasury yields and economic data
Iran-US tensions at the UN
AI safety and Anthropic's stance
UK budget challenges and interview intro
Interview: UK fiscal outlook and tax options
Interview conclusion
Rosneft and A7 sanctions evasion
Syria: Post-Assad breakthrough
Interview: Justice and accountability in Syria
Closing remarks and show notes
Sponsor: RBC Strategic Alternatives
Sponsor: Perk travel platform
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