Logo

    42. Working for Truss, Blackpool with Clinton, and Sewage

    enAugust 24, 2022
    What is increasing in UK rivers and beaches?
    Who was Environment Minister during the funding cuts?
    How many raw sewage incidents occurred in the last year?
    What investment has Southern Water made recently?
    Why did Bill Clinton seek McDonald's in Blackpool?

    Podcast Summary

    • Sewage Issues in the UK: Cuts in Funding Lead to Disgusting ConsequencesBudget cuts of £235 million, including £24 million for environmental protection, between 2014 and 2016 led to a surge in raw sewage discharges into English rivers and beaches, causing public outrage

      The United Kingdom is experiencing a significant issue with sewage being released into rivers and on beaches more than in the past, leading to public disgust. This problem is linked to budget cuts made between 2014 and 2016, when Liz Truss was Environment Minister, resulting in a reduction of £235,000,000 in Environment Agency funding, including £24,000,000 for environmental protection and the surveillance of water companies. Alastair Campbell and Rory Stewart, hosts of the Rest is Politics podcast, discussed this issue and their personal experiences with it. They mentioned that approximately 375,000 incidents of raw sewage have been discharged into English rivers in the last year. This issue is causing concern as people report finding human waste while swimming. Both Alastair and Rory acknowledge that they were part of the government during the relevant time period, and the responsibility for these cuts and the resulting sewage issue is shared.

    • Britain's outdated sewage infrastructure leads to health risksBritain's sewage and water infrastructure, which puts them in the same pipes, leads to health risks during heavy rainfall due to lack of regulation and budget cuts, costing billions to rectify.

      The outdated British sewage and water infrastructure, which puts sewage and water in the same pipes, leads to overflowing sewage during heavy rainfall, posing health risks to people. This issue, which costs billions to rectify, has been compounded by priorities shifting towards addressing air pollution and floods, and a reduction in Environment Agency budget and self-regulation of water companies. The result is a failure of regulation and a public health concern, as seen in the recent sewage spills. The cost of upgrading the infrastructure to separate sewage and water was estimated to be between £350-£1,000 billion, which would have meant significant increases in water bills for the past 30 years. Instead, resources were diverted to deal with other crises, and the lack of regulation led to this current predicament. The failure of water privatization, as noted by Kimberley Cavendish, is a result of inadequate regulation and oversight, leading to this ongoing issue.

    • Ensuring accountability in water privatizationStrict regulations and transparency are necessary to prevent excessive profits and illegal practices in water privatization, while holding companies accountable for reducing sewage discharges and protecting the environment.

      Water privatization, while leading to improvements in water quality and leakage reduction, requires strict regulation to prevent excessive profits and illegal practices. The recent public outrage against water companies for sewage discharges highlights the importance of holding these companies accountable and setting legally binding targets for reducing such discharges. The failure of the government to pass a strong amendment in the environment bill has resulted in water companies only having to make minimal reductions, leading to public frustration and anger towards Tory MPs who voted against the stricter amendment. The Scottish Water example shows that public ownership and strict regulations can lead to successful outcomes, such as their campaign against putting wipes down the toilet. Overall, effective regulation and transparency are crucial for ensuring the success of privatized water companies and protecting the environment.

    • Cost of Labour amendment for UK's sewage system: Billions vs Tens of BillionsThe debate over improving the UK's sewage system comes with varying cost estimates, while the government's resistance may stem from the treasury. Companies like Southern Water have invested heavily, while energy secretaries face increased significance due to climate change and geopolitical tensions.

      The cost of a Labour amendment to improve Britain's sewage system is a topic of ongoing debate, with estimates ranging from billions to tens of billions of pounds. The resistance from the government may be driven by the treasury. Southern Water, a company under scrutiny for sewage issues, has recently invested £2 billion between 2020 and 2025 and has not paid dividends to shareholders since 2016. In the past, energy secretaries of state were high-profile positions due to the importance of keeping the lights on. Today, the connection between energy and climate change has made the role even more significant. Germany, with larger gas reserves than the UK, is implementing strict energy-saving measures due to geopolitical tensions with Russia. These events highlight the ongoing challenges and importance of managing energy and infrastructure in the context of climate change and geopolitical dynamics.

    • Political tensions impacting Germany's energy security and UK's leadership raceRussia-West conflicts impact Germany's gas supply, UK leadership race may bring younger, diverse cabinet but concerns about right-wing ideologies

      The ongoing political tensions between Russia and the West, specifically regarding the Nord Stream 2 pipeline, have resulted in reduced gas flows to Germany, leading to the need for emergency measures. This situation could potentially have wider implications for Europe's energy security. Additionally, the upcoming British leadership race is expected to result in a more diverse and younger cabinet under Liz Truss, representing a significant shift from previous conservative governments. However, concerns have been raised about the potential right-wing ideologies of some of the proposed cabinet members, particularly Kemi Badenoch in the education sector.

    • May's potential cabinet and Labor partyMay's focused approach on budgets and cuts could challenge Labor, stemming from her economic interest and demanding management style.

      Theresa May's potential cabinet, if diverse, could pose a problem for the Labor party due to her focused approach on budgets and cuts, particularly in departments she oversees. During a recent interview, May's love for testing mental arithmetic was revealed, which may stem from her interest in economics. Her lack of deep affection for specific departments, such as rural affairs, was also discussed, with her management style compared to IBM Business Management from the 1980s. It was noted that May's public persona is what you see is what you get, with no hidden depths. As a junior minister, working for her was described as traumatizing due to her demanding nature and the parallel writing of plans. Despite her reputation, it's essential to remember that individuals are complex, and this takeaway should not oversimplify May's character or leadership abilities.

    • Anthony Scaramucci shares story of donating to Obama and upcoming live showAnthony Scaramucci discussed his past donation to Obama, upcoming live show, and the importance of US elections, while facing criticism for not promoting his podcast on Twitter.

      Anthony Scaramucci, a former White House director of communications and Wall Street financier, shared a story about making a large campaign donation to then-Senator Barack Obama in 2007 and how their interaction led to his increased involvement with the Obama administration. Scaramucci also mentioned his upcoming live show in Blackpool and encouraged listeners to attend. However, he was criticized for not promoting the podcast on his Twitter biography and was asked to change his pinned tweet. The discussion also touched on the importance of the upcoming US elections and the launch of the British podcast, "The Rest is Politics," in the US. The podcast aims to uncover secrets from inside the Biden and Trump inner circles and their impact on the US and global economy.

    • Unexpected craving for McDonald's leads Clinton on a long walkFormer President Clinton's love for junk food drew a large crowd during an unplanned visit to McDonald's, despite the group having to walk miles in the rain to reach it.

      Former President Bill Clinton had an unexpected craving for McDonald's during a visit to Blackpool and went to great lengths to satisfy it, even drawing a large crowd. Clinton, who was a known junk food lover, requested to be taken to McDonald's instead of having it delivered. The group, including secret service agents, walked for miles in the rain to reach the restaurant, and by the time they left, there were over a hundred Blackpool landladies waiting for Clinton outside. Clinton's friend and impersonator, Kevin Spacey, had also accompanied him on a trip to Africa before the incident. The story highlights Clinton's charisma and ability to draw a crowd, even during a simple request for fast food.

    • Media scrutiny of political leaders' personal livesDouble standard exists in reporting on female leaders' personal lives, often rooted in misogyny, as seen in Finnish PM Sanna Marin's case, compared to less criticism for male leaders like Boris Johnson.

      There seems to be a double standard when it comes to reporting on political leaders, particularly women, and their personal lives. The Finnish Prime Minister, Sanna Marin, has faced intense scrutiny and criticism for her partying behavior, despite her country having a good reputation and a diverse cabinet. This scrutiny may be rooted in misogyny, as Marin is a young, beautiful woman, and her partying is being used as a proxy to criticize her leadership. Comparatively, the party gate scandal involving former UK Prime Minister Boris Johnson received less criticism, despite the more serious implications of his actions. It's important to consider the potential biases and underlying motivations behind media coverage of political figures.

    • Young leaders making strategic decisions in politicsFinland's Sanna Marin pushing for NATO membership and reducing reliance on Russian gas, Johnson's party gate scandal raises concerns about transparency and accountability, French intervention in Mali a complex issue with arguments for and against foreign involvement and instability caused by coups.

      Despite the trend of younger leaders emerging in politics around the world, some of these leaders are making significant strategic decisions, such as Finland's Sanna Marin pushing for NATO membership and reducing reliance on Russian gas. Johnson's party gate scandal, however, raises concerns about transparency and accountability in politics, with allegations of misleading parliament and the involvement of close associates. In Africa, the French intervention in Mali is a complex issue, with some arguing that it prevented the region from falling into the hands of jihadists, while others criticize the involvement of foreign powers and the instability caused by military coups. Ultimately, these issues highlight the importance of transparency, accountability, and respect for sovereignty in global politics.

    • French Intervention in Mali and Ethiopian CrisisThe French intervention in Mali prevented an Islamic caliphate takeover but left a corrupt and unstable government. Ethiopia's civil war, largely ignored by the international community, threatens years of development progress due to the Ethiopian government's power grab and TPLF's refusal to comply.

      The French intervention in Mali, which prevented an Islamic caliphate takeover a decade ago, has resulted in a highly unstable and corrupt government, with the Russians effectively taking over the security infrastructure. The international community's response to the ongoing humanitarian crisis in Ethiopia, particularly in Tigray, has been criticized for lacking attention compared to other conflicts. The Ethiopian government's actions to consolidate power and the Tigray People's Liberation Front's refusal to comply have led to a devastating civil war. Ethiopia was once hailed as a development success story in Africa, but the ongoing conflict threatens to undo years of progress. The World Health Organization's director-general has called out the lack of international attention to the crisis, suggesting that racism and compassion fatigue may be factors.

    • Ethiopian Conflict's Dramatic Turn: Tedros Resigns Amidst InactionThe Ethiopian conflict between Tigray and PM Abi's forces intensifies, with Tedros Adhanom demanding resignation and international inaction. Scant information is available, mirroring Eritrea's transformation. Neighboring countries fuel the conflict, yet cherish moments of joy like swimming in clean rivers.

      The Ethiopian conflict between Tigray and Prime Minister Abi's forces has taken a dramatic turn since Abi's Nobel Peace Prize win in 2019. Tedros Adhanom, a Tigrayan and former Ethiopian government minister, has spoken out against international inaction towards the situation, leading to his resignation demand from the Ethiopian government. The conflict's reporting challenges are evident as reliable information is scarce from major news outlets. The situation echoes the transformation of Isaias Afeworki from a liberation hero to an autocratic ruler in Eritrea. Moreover, neighboring countries like Uganda and Sudan fuel the conflict through proxy wars. Despite the grim nature of the topic, a simple joyful reminder: cherish moments of swimming in clean rivers with loved ones.

    • Appreciating nature's beauty while acknowledging climate changeEnjoy nature's peacefulness, but remember to preserve it as climate change impacts once-dominant glaciers

      Experiencing the beauty of nature in its pristine state is a joy that should not be taken for granted. The description of the scene in the alpine air, with its fresh and cool water, evokes a sense of peace and tranquility. However, a reminder of the changing climate was present when looking across at the areas where glaciers once dominated. This serves as a reminder of the importance of preserving our environment and the impact of human actions on the natural world. It's a call to appreciate the beauty of the pre-global warming world while we still can and take steps to mitigate the effects of climate change.

    Recent Episodes from The Rest Is Politics

    311. Question Time: Should Labour ban smoking?

    311. Question Time: Should Labour ban smoking?
    Is Brazil right to suspend X? Why have the press been calling our Deputy PM ‘Angela Raver’? And what is the history of No. 10’s Larry the Cat? Join Rory and Alastair as they answer all these questions and more. The Rest Is Politics is powered by Fuse Energy, a green electricity supplier powering homes across the UK. Use referral code POLITICS after sign up for a chance to win tickets to the TRIP O2 Arena show in October. Learn more at getfuse.com/politics ⚡ Get our exclusive NordVPN deal here ➼ nordvpn.com/restispolitics It’s risk-free with Nord’s 30-day money-back guarantee! ✅ TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Assistant Producer: India Dunkley Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Producer: Nicole Maslen and Fiona Douglas Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enSeptember 03, 2024

    310. The rise of Germany’s far-right

    310. The rise of Germany’s far-right
    Who will be the next French Prime Minister? How serious is the threat of Germany’s far right? Should school inspections scrap single-word reviews? Join Rory and Alastair as they answer all these questions and more in today's episode of The Rest Is Politics. The Rest Is Politics is powered by Fuse Energy, a green electricity supplier powering homes across the UK. Use referral code POLITICS after sign up for a chance to win tickets to the TRIP O2 Arena show in October. Learn more at getfuse.com/politics ⚡ Get our exclusive NordVPN deal here ➼ nordvpn.com/restispolitics It’s risk-free with Nord’s 30-day money-back guarantee! ✅ TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Assistant Producer: India Dunkley Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Producer: Nicole Maslen and Fiona Douglas Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enSeptember 03, 2024

    309. Trump's Secret Weapon

    309. Trump's Secret Weapon
    Who has returned as Donald Trump's secret weapon? What's happening in Georgia? Is Kamala Harris making a mistake over the upcoming presidential debate? Join Anthony and Katty as they answer all these questions and more on today's episode of The Rest Is Politics US. Instagram: @RestPoliticsUS Twitter: @RestPoliticsUS Email: TRIPUS@goalhanger.com Editor: Nicole Maslen Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Producer: Fiona Douglas Producer: Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 29, 2024

    308. Question Time: Can you be friends with someone you totally disagree with politically?

    308. Question Time: Can you be friends with someone you totally disagree with politically?
    Why have so many kids been excluded from school since the pandemic? How should the world respond to the ‘gender apartheid’ in Afghanistan? And how can we stay friends with political enemies? TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Assistant Producer: India Dunkley Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Producer: Nicole Maslen and Fiona Douglas Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 28, 2024

    307. Starmer put to the test, Modi's visit to Ukraine, and tragedy unfolds in Sudan

    307. Starmer put to the test, Modi's visit to Ukraine, and tragedy unfolds in Sudan
    Does Starmer have a plan to fix the UK? Why did Modi visit Ukraine? What is really happening in Sudan and when will it receive more coverage in the international media? Rory and Alastair answer all these questions and more in today's episode of The Rest Is Politics. TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Podcast editor: Nathan Copelin Assistant Producer: India Dunkley Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Producer: Nicole Maslen and Fiona Douglas Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 27, 2024

    306. Did Kamala Harris' speech scare Trump?

    306. Did Kamala Harris' speech scare Trump?
    Was Kamala Harris' closing speech at the Democratic National Convention powerful enough to shake the Republicans? Who were the most successful speakers at the DNC? What are some key differences between American politics and the UK? Join Rory and Alastair as they react to the Democratic National Convention in Chicago and Kamala Harris' first speech as the Democratic nominee. 🌏 Get our exclusive NordVPN deal here ➼ nordvpn.com/restispolitics It’s risk-free with Nord’s 30-day money-back guarantee! ✅ TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Assistant Producer: Fiona Douglas Producer: Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 23, 2024

    305. The Obamas takedown Donald Trump

    305. The Obamas takedown Donald Trump
    Has Michelle Obama given up on her own plea that "when they go low we go high"? How will male voters respond to the idea of the first US First Gentleman? Will RFK Jr drop out of the race to endorse Donald Trump? This week, Alastair Campbell joins Katty Kay and Anthony Scaramucci as they answer all these questions and more on The Rest Is Politics US. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @RestPoliticsUS Twitter: @RestPoliticsUS Email: TRIPUS@goalhanger.com Social Producer: Jess Kidson Assistant Producer: India Dunkley Producer: Fiona Douglas + Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 21, 2024

    304. Question Time: Could Trump try and subvert the US election results?

    304. Question Time: Could Trump try and subvert the US election results?
    Why is there civil unrest in Slovakia and Bulgaria? Are they legitimate tools at Trump’s disposal to subvert an election result? Do we have the technology to fact check debates in real time? Rory and Alastair answer all these questions and more on this week's Question Time. 🌏 Get our exclusive NordVPN deal here ➼ nordvpn.com/restispolitics It’s risk-free with Nord’s 30-day money-back guarantee! ✅ 🇪🇺 New subscribers to The New European receive a signed copy of Tony Blair's new book. Claim yours at theneweuropean.co.uk/trip 📚 TRIP Plus:  Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes.  Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Assistant Producer: India Dunkley Producer: Nicole Maslen & Fiona Douglas Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 21, 2024

    303. The speech Joe Biden never wanted to give (Live from the Democratic National Convention)

    303. The speech Joe Biden never wanted to give (Live from the Democratic National Convention)
    How have the Democratic Party united behind Kamala Harris so quickly? What are some of the core principles of Project 2025? Was Joe Biden's farewell speech as success? Join Rory and Alastair live from the DNC in Chicago to answer all these questions and more. 🌏 Get our exclusive NordVPN deal here ➼ nordvpn.com/restispolitics It’s risk-free with Nord’s 30-day money-back guarantee! ✅ 🇪🇺 New subscribers to The New European receive a signed copy of Tony Blair's new book. Claim yours at theneweuropean.co.uk/trip 📚 TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Assistant Producer: Fiona Douglas Producer: Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 20, 2024

    302. It’s Trump’s Race to Lose

    302. It’s Trump’s Race to Lose
    Is Trump setting the stage to reject another loss in November? Why did Kamala Harris sideline Josh Shapiro as her VP pick? What does it mean to be a Republican today? Join Katty Kay and Anthony Scaramucci as they answer all these questions and more on The Rest Is Politics US. TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. 🌏 Get our exclusive NordVPN deal here ➼ https://nordvpn.com/restispolitics It’s risk-free with Nord’s 30-day money-back guarantee! ✅ TRIP TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Social Producer: Jess Kidson Assistant Producer: India Dunkley Producer: Fiona Douglas Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
    The Rest Is Politics
    enAugust 15, 2024

    Related Episodes

    Who Protects the Consumer More: Regulation or Reputation?

    Who Protects the Consumer More: Regulation or Reputation?
    How do we protect the consumer from shoddy, fraudulent, or dangerous products and services? There's a long tradition that government must do something, which has led to a proverbial alphabet soup of regulatory bodies: the FDA, CPSC, USDA, and many more. Join Ed and Ron as they explore the legitimate issue of market failure, and also the less recognized government failure.

    Fact versus Fiction on India’s Crypto Crackdown

    Fact versus Fiction on India’s Crypto Crackdown

    Nischal Shetty, the CEO of India’s top crypto exchange WazirX joins hosts Danny Nelson and Anna Baydakova on this week’s Borderless to talk crypto bans. Rumor has it India’s government is gearing up for a crypto crackdown; possibly a complete ban. Is that really the case? Nischal helps untangle fact from fiction in one of crypto’s most exciting emerging markets.

    The conversation then turns to crypto-environmentalism, first through mining and then via NFTs. Miami’s dream of becoming a hub for “clean energy” crypto mining could run into some pretty “hot” opposition. Meanwhile, another NFT marketplace is bending the knee to environmentalists’ demands, but only slightly.


    https://www.coindesk.com/miami-mayor-wants-city-to-become-bitcoin-mining-hub

    https://www.coindesk.com/nifty-gateway-pledges-to-go-carbon-negative-amid-criticism-of-nfts

    https://www.coindesk.com/cbdcs-will-reduce-demand-for-bitcoin-says-south-korea-central-bank-chief

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    22: The Unbearable Brightness of Being a Shadow Bank

    22: The Unbearable Brightness of Being a Shadow Bank

    A high-flying hedge fund manager lost everything back in 2007 after an accounting scandal prompted investors to pull money from his $12 billion fund. Almost a decade later, Dan Zwirn has been cleared of all wrongdoing by U.S. securities regulators and is busy rebuilding his investment empire, specializing in lending to companies that don't usually have access to traditional bank financing. Zwirn's new fund, Arena Investors LP, is one of a crop of so-called shadow banks seeking to plug a financing gap exacerbated by the financial crisis and new regulation. Max Abelson of Bloomberg News co-hosts this week's episode, in which we talk the pros and cons of non-bank financial intermediation.

    See omnystudio.com/listener for privacy information.