Swamp Notes

• The real cost of gutting USAID

  Six months after the Trump administration gutted the US Agency for International Development, experts are tracking the impact of its absence. The FT’s David Pilling and the Brookings Institution’s George Ingram describe the surprising ways countries are adapting to a world with less resources for the poor, sick and starving.Mentioned in this podcast:Email Marc with your questions ([email protected])What the closure of USAID is really costing the worldUSAID cuts threaten 14mn extra deaths by 2030, warns studyThe shifting future of foreign aidSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Henry Larson. Samantha Giovinco mixed this week’s episode. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• Gaza crisis puts Trump at a crossroads

  On a visit to the UK this week, Trump broke from Israeli Prime Minister Benjamin Netanyahu’s stance on the war in Gaza. The FT’s Edward Luce and US foreign affairs correspondent Abigail Hauslohner unpack how the situation in the region became so dire, and why world leaders are pressuring Trump to act. Mentioned in this podcast:Has Gaza tested the limits of Donald Trump’s support for Benjamin Netanyahu?‘Worst-case scenario’ of famine unfolding in Gaza, says global hunger monitorThe west’s complicity in GazaSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Henry Larson and mixed by Samantha Giovinco. We had help from Marc Filippino. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. CREDIT: CNN, Times News, France24Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• Trump’s case against Fed chair Powell

  The US president is angry with the chair of the Federal Reserve over interest rates. He’s applying a lot of pressure on Jay Powell to lower them or leave his job. The FT’s Claire Jones and Adam Posen, president of the Peterson Institute for International Economics, break down what will happen if Trump succeeds in either of those goals.Mentioned in this podcast:Email Marc with your questions ([email protected])Donald Trump and Jay Powell spar as US president visits Federal ReserveWhy a $2.5bn refurbishment of the Federal Reserve could be Jay Powell’s undoingDonald Trump brings war against the Fed to Jay Powell’s home turfSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Henry Larson and mixed by Samantha Giovinco. We get help from Lauren Fedor. The FT’s acting co head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. CREDIT: CNBCRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• Is Zohran Mamdani the future of the Democratic party?

  Zohran Mamdani shocked a city, and his own political party, when he soundly defeated his influential rival in New York City’s Democratic mayoral primary election. Now, as the second leg of the race reveals itself, Mamdani has a chance to redefine how the party talks about its critical issues. The FT’s Rana Foroohar and the American Enterprise Institute’s Michael Strain discuss what the party can learn from its nominee and what it would mean if he won.Mentioned in this podcast:Email Marc with your questions ([email protected])New York’s Zohran Mamdani wins over some of the city’s business eliteMake America affordable againZohran Mamdani is wrong — of course billionaires should existSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Henry Larson and mixed by Samantha Giovinco. We had help from Lauren Fedor. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. CREDIT: Zohran Mamdani For NYC, NBC News, NPR, NY1, CNBCRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• Big Pharma’s big tariffs

  When US President Donald Trump threatened 200 per cent tariffs on foreign-made pharmaceuticals, investors responded like it was a placebo. It’s the latest spat between drugmakers and an administration that share a complicated relationship. The FT’s Hannah Kuchler and Patrick Temple-West explain why Trump and Big Pharma aren’t getting along, and what that prescribes for the future of the industry.Mentioned in this podcast:Email Marc your questions ([email protected])Investors shrug off Donald Trump’s 200% tariff on pharmaThe looming ‘patent cliff’ facing Big PharmaSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Henry Larson. Topher Forhecz is the FT’s executive producer. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. CREDIT: The White House, Roll CallRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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