Russia targets western companies

US long-term borrowing costs surged to their highest level in more than two decades, and Gulf foreign ministers plan to meet their Iranian counterpart to negotiate a deal temporarily managing shipping through the Strait of Hormuz. Plus, Brics – the developing world’s answer to th ...  Show more

US government bond yields jumped to their highest level in almost three years, and the Japanese yen has strengthened this week. Plus, the IMF ditched a top candidate for chief economist at the last minute, and AI is writing the playbook for venture capital. Mentioned in this podc ...  Show more

This episode is sponsored by Nexo, Arculus and FTX US. Today on “The Breakdown,” NLW looks at what we learned over the weekend about the U.S. and European Union’s response to the Russian invasion of Ukraine. The West significantly increased its economic pressure on Russia, remo ...  Show more

The US and EU are denying a handful of Russian banks access to SWIFT, a key tool in the global financial system. This episode was produced by Miles Bryan, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard, and hosted by Noel King. Transcript at vo ...  Show more

The EU wants to lend €140 billion in cash from frozen Russian funds to Ukraine; Belgium is afraid it will be the one on the hook for paying it back. That’s just one of the tough topics EU leaders discussed as they gathered in Brussels at a meeting devoted to fighting the external ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ...  Show more