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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Record temperatures in Europe have pushed demand for electricity higher, but heatwaves also threaten the generation and distribution of power. Despite rising production from renewable sources, there are risks to the stability of Europe's networks. Our power and renewables reporter Eamon Farhat joins Stephen Carroll to discuss.

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Silicon Valley spent much of the past few years feverishly pushing consumers and businesses to inject artificial intelligence into every corner of their lives. Now AI developers want their customers to pay more for the technology they actually use. Bloomberg's Markets Reporter Anthony Stephens joins Stephen Carroll to discuss what AI tokens are and how the price of them is reshaping the thinking around the future technology.

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Recent outbreaks of Ebola and Hantavirus are reminders that when such rare diseases flare up, they have the potential, in our interconnected world, to spread beyond their points of origin. Bloomberg's Health Reporter Jessica Nix joins Caroline Hepker to explain why while neither of these deadly menaces is thought likely to provoke a global epidemic they’ve stoked anxiety about the ability to respond to such a threat. 

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The 2026 World Cup is just days away, but the tournament is already being overshadowed by political tensions, security concerns and questions about whether the US can deliver a smooth global event. Bloomberg's Randall Williams joins Caroline Hepker to explain how geopolitics are becoming one of the biggest storylines heading into kickoff.

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A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That in turn affects the cost of mortgages, credit card debt, car loans and other borrowing, squeezing households and companies and weakening economic activity. Bloomberg's Head of Economics and Government Stephanie Flanders joins Caroline Hepker to discuss what's behind the rise, how it changes the global economy and if some countries are at risk a bond doom loop.

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For years, the world’s biggest alcohol companies were raising a glass to steady growth. But now, consumers are pulling back. What does this mean for the industry and are habits changing forever? Bloomberg's Global Business Reporter Jennifer Creery joins Caroline Hepker to discuss.

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