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The John Batchelor Show

83: Commodity Markets and UK Political Instability. Simon Constable analyzes rare earth markets, noting China's dominance is achieved through undercutting prices and buying out competitors. Prices for key industrial commodities like copper and aluminum are up

The John Batchelor Show

John Batchelor

News, Arts, Books, Society & Culture

4.52.8K Ratings

🗓️ 13 November 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Commodity Markets and UK Political Instability. Simon Constable analyzes rare earth markets, noting China's dominance is achieved through undercutting prices and buying out competitors. Prices for key industrial commodities like copper and aluminum are up, indicating high demand. Constable also discusses UK political instability, noting that Labour Prime Minister Keir Starmer lacks natural leadership and confidence. The major political driver for a potential leadership change is the party's broken promise regarding income taxes, which severely undermines public trust before the next election,


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Transcript

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0:00.0

I'm John Batchel with my very good colleague, Simon Constable, who has published and written

0:07.8

and edited and recorded all manner of journalism over the career that now extends to the

0:15.5

South of France, where he works for Barron's in the Wall Street Journal and other distinguished

0:19.6

publications here and in Europe.

0:22.2

So Simon is completely and only a journalist. I, however, am part journalist and part inquiring

0:30.1

book reader. So it's necessary for me to depend upon Simon to talk about what you're taught

0:37.0

as a journalist. I came to it as

0:39.2

a novelist. And I've learned the rules. They're not hard to learn, especially if you edit

0:45.2

digitally. What am I getting at? The BBC explanation so far of the putting together of pieces of the president's remarks on January 6th,

0:57.0

2021, the day of the pandemonium and riot and unacceptable behavior at the capital by

1:05.3

outsiders. That day, that editing is grotesque from what we have in the reports.

1:12.4

We do not have all of it.

1:13.8

I emphasize there's an investigation that needs to happen.

1:16.8

I don't know who's going to do it.

1:18.5

We need names, dates, text messages, emails, review.

1:22.8

The program panorama appeared in October of 2024 before the election and presented a president who was

1:30.3

calling for violence that day. None of that is accurate. None of that is true. And the BBC has to

1:39.1

provide the details that are missing as of yet. Simon, I'm most interested.

1:45.6

We have a couple of minutes in your reaction

1:47.4

when you first heard about this story.

1:50.1

My reaction was sadness, because if you want to do news,

1:54.8

you want to stick with the facts

...

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