defense industry

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Bank of England Governor Andrew Bailey said the UK and the rest of Europe are facing less of an inflation threat than the US, opening the prospect of a rate cut for Britain before the Federal Reserve moves.

(2) Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the prospect of higher-for-longer US interest rates reduces room for easier policy elsewhere.

(3) Europe's economy is nearing the end of a malaise that's resulted in more than a year of near stagnation, according to European Central Bank President Christine Lagarde.

(4) The European Union's waning clout versus major geopolitical rivals is sounding alarm bells in Europe's capitals, compelling leaders to discuss a radical transformation to boost the bloc's competitiveness in a hostile world.

(5) The world's two great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with American spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said.

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From air-defining radar and electronic systems that helped the Allies win World War II, the origins of Silicon Valley are deeply rooted in government and defense.

In today's episode, we get the chance to revisit that relationship with the United States Deputy Secretary of Defense, Kathleen Hicks.

Deputy Secretary Hicks has spent decades of her career focused on defense policy and in her keynote address from a16z's second annual American Dynamism Summit in Washington, D.C., you'll get an inside look into the priorities of the DoD and how it views its past, present, and future.

In the second half of the episode, you’ll hear highlights from Deputy Secretary Hicks' fireside chat with Wall Street Journal’s National Security Editor, Sharon Weinberger, where they dive into the numerous issues facing our country today, from Ukraine to the use of AI on the battlefield.

Resources: 

Find Deputy Secretary Hicks on Twitter: https://twitter.com/depsecdef

Find Sharon on Twitter: https://twitter.com/weinbergersa

To learn more about the American Dynamism Summit: www.a16z.com/ad-summit

Visit the full playlist of American Dynamism Summit videos on YouTube: https://bit.ly/3IqWn1W

Stay Updated: 

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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.

Day 739.

Today, we bring you the latest news from the battlefront, analyse the issue of draft-dodging in Ukraine, and we talk to Foreign Correspondent Colin Freeman on his experience reporting from the frontline city of Kupyansk.

Contributors:

David Knowles (Head of Audio Development). @DJKnowles on X.

Dominic Nicholls (Associate Editor, Defence). @DomNicholls on X.

Colin Freeman (Foreign Correspondent). @ColinFreeman99 on X.

Joe Barnes (Brussels Correspondent). @Barnes_Joe on X.

Find out more about Mark's books: https://markhollingsworth.co.uk/

Subscribe to The Telegraph: telegraph.co.uk/ukrainethelatest

Email: ukrainepod@telegraph.co.uk

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Day 567.

Today, we bring you the latest from the frontlines in Ukraine, analyse political and diplomatic developments from around the world, and Francis Dearnley sits down with Senator Mitt Romney for an exclusive interview - the first since Romney announced he will not seek re-election.

Watch the full interview with Senator Mitt Romney here: https://youtu.be/Ptl8qlsvf3s

Contributors:

David Knowles (Host). @djknowles22 on Twitter.

Dominic Nicholls (Associate Editor, Defence). @DomNicholls on Twitter.

Francis Dearnley (Assistant Comment Editor). @FrancisDearnley on Twitter.

Hamish De Bretton-Gordon (Former Tank Commander and Telegraph commentator). @HamishDBG on Twitter.

With thanks to:

Olga Sidorushkina, the Ukrainian Institute London’s Film Festival Fellow. @Ukr_Institute on Twitter.

Senator Mitt Romney. @MittRomney and @SenatorRomney on Twitter.

Find out more about the Ukrainian Film Festival 2023: https://ukrainianinstitute.org.uk/ukrainian-film-festival-2023side-by-side/

Subscribe to The Telegraph: telegraph.co.uk/ukrainethelatest

Email: ukrainepod@telegraph.co.uk

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

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President Joe Biden’s riposte to the bellicose speech of his counterpart Vladimir Putin was a study in contrast. We examine their views on Ukraine and ask how a lasting peace could be secured. We speak with an exiled Chinese blogger trying to get the truth about that conflict into his homeland. And why the young are leaving Japan to seek greater fortunes abroad.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Anduril founders and team members Joe Chen, Matt Grimm, Palmer Luckey, Brian Schimpf, and  Trae Stevens in conversation with Big Ideas show on Clubhouse co-host Katherine Boyle (along with Antonio Garcia-Martinez, Erik Torenberg, and Marc Andreessen).