European capitals are on alert for hybrid warfare attacks from Russia. One European intelligence official recently told Bloomberg that such moves could include infrastructure sabotage or false-flag attacks. What sort of threat does this pose to NATO countries, and how is Europe responding? Our Europe Executive Editor Chad Thomas joins Stephen Carroll to discuss.

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A UN index of food-commodity prices has hit its highest level in more than three years, as extreme weather, wildfires and conflicts disrupt crop growing and transport. Wheat, corn and sugar are among the key foodstuffs that have seen sharp prices rises. So how significant is the damage to supplies, and how long could a recovery take? Our agriculture reporter Eleanor Thornber joins Stephen Carroll to discuss.

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Japan and the United States carried out their first joint currency intervention in 15 years to prop up the yen. It's the latest in a series of moves by Tokyo to boost its currency, which recently hit its weakest level in 40 years against the dollar. So why is the US getting involved, and will more action be necessary? Our Executive Editor for Asia Markets Paul Dobson joins Stephen Carroll to discuss.

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China's Coast Guard has become one of the world's largest maritime law-enforcement agencies. Its fleet of more than 600 vessels is a key part of Beijing's maritime strategy, routinely patrolling disputed waters and clashing with ships from neighboring countries. So why is China using the Coast Guard, rather than the navy, for these missions? Our China defense reporter Josh Xiao joins Stephen Carroll to discuss.

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Kevin Warsh wants to be a quieter kind of Federal Reserve Chair. His first statement leading the rate-setting committee was half the length of the previous one from his Jerome Powell. He's no longer placing a dot on the chart of interest rate projections, and wants a task force to overhaul the central bank's communication. What does the Fed saying less mean for markets and monetary policy? Our Federal Reserve reporter Enda Curran joins Stephen Carroll to discuss.

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In 2025, Australia introduced a world-first ban on under-16s accessing social media. At least a dozen other countries are planning similar measures, backed by parents worried about the harmful effects platforms can have on their children. While the effectiveness of age-related bans is still unclear, policymakers are stepping up pressure on tech companies. Bloomberg Opinion columnist Parmy Olson joins Stephen Carroll to discuss.

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Around the world, governments are pouring more than two trillion dollars into defense. The money is flowing, but the results are mixed. Bloomberg Economics's Defense Lead Becca Wasser joins Stephen Carroll to explain why.

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Countries from New Zealand to Portugal have revamped their golden visa offerings, in an effort to continue to attract wealthy investors to move there. While securing these visas is getting more difficult in some places, governments continue to use them as a tool to boost their economies. Our reporter Charlie Wells joins Stephen Carroll to discuss.

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