
Monday Feb 03, 2025
Global Markets Tumble Amid New Tariffs, Financial Abuse Regulations Under Scrutiny
Explore the impact of President Trump's new tariffs on Canada, Mexico, and China as global markets react with significant declines. Delve into the recent report on financial abuse and the call for stronger financial services regulations. Discover how a people-first philosophy is reshaping business success and the rising prominence of the yuan in Hong Kong's trade finance. This episode provides crucial insights into the interconnectedness of global finance and the evolving strategies in response to economic and regulatory challenges.
Sources:
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-plummet-after-trump-hits-canada-mexico-china-with-tariffs-002434712.html
https://natlawreview.com/article/financial-abuse-and-need-better-financial-services-regulation
https://www.tribuneindia.com/news/business/people-business-finance-a-philosophy-for-sustainable-growth/
https://www.scmp.com/business/banking-finance/article/3296804/yuan-trade-finance-rises-hong-kong-firms-seek-cost-efficiencies-amid-us-china-tensions
Outline:
(00:00:00) Introduction
(00:00:46) Stock market today: Dow, S&P 500, Nasdaq futures plummet after Trump hits Canada, Mexico, China with tariffs
(00:04:03) Financial Abuse and the Need for Better Financial Services Regulation
(00:06:49) People, Business, Finance: A Philosophy for Sustainable Growth
(00:10:39) Yuan trade finance rises in Hong Kong as firms seek cost efficiencies