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Marketplace All-in-One

Climate adaptation as part of the curriculum

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 20 October 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Agriculture is notoriously susceptible to the whims of the elements. Farmers and ranchers can see their entire livelihoods turn on one bad hailstorm or ill-timed heat wave, which are more frequent as our planet continues to warm. Today, we'll head to Colorado to hear about an apprenticeship program that's embedding climate literacy into its teachings. But first: the value of the dollar, this morning's web outages, and pain for small- and mid-sized businesses.

Transcript

Click on a timestamp to play from that location

0:00.0

It wasn't your device. It was the Internet with widespread problems this morning. I'm David Brancaccio in Los Angeles. A problem with Amazon's remote computer service disrupted online operations early today at social media sites, newspapers, airlines, car service apps, and more. While Amazon now says most of its cloud services are returning to normal,

0:22.3

the original problem appears to have centered at its operations in Northern Virginia and was

0:26.7

not a malicious hack. The crypto exchange Coinbase had trouble. Same with Robin Hood, the online

0:32.1

stock trading site, the video game Fortnite. The British Bank Lloyd lift the car service in some areas. The incident

0:38.8

highlights how dependence so much of the digital world has become on a few cloud computing

0:43.2

providers. The U.S. dollar is up slightly this morning. It had fallen 1% in about a week and 10%

0:49.8

since mid-January. This cuts in different ways, marketplaces Mitchell Hartman explains.

0:55.0

Recently, the dollar's been weakened by several factors. First, worries about U.S. regional banks.

1:00.9

Also, President Trump's renewed tariff threats against China, says Maurice Obstfeld at the Peterson

1:06.4

Institute for International Economics. Trade tensions escalate. People worry about more negative consequences

1:12.8

for U.S. growth. That's negative for the dollar. And with growth flagging, the Federal Reserve has

1:18.7

signaled it'll keep cutting U.S. interest rates, says Paul Christopher at the Wells Fargo Investment Institute.

1:24.8

At the same time, you've seen banks like the European Central Bank

1:27.7

basically get to the end of their rate cutting cycle. So that interest rate differential has

1:32.7

been dollar negative. Another dynamic at play, says Cornell economist Ishwar Prasad,

1:38.1

central bankers and foreign investors stung by the Trump administration's trade policies.

1:42.8

Would dearly like to ditch the dollar as an international payment currency, as a reserve currency.

1:49.4

In the past, the dollar has served as a safe haven in times of global turmoil, but Maurice

1:54.8

Obstfeld says it isn't working that way now.

1:57.6

More and more of the kind of shocks that disturbed the world economy that trouble investors

2:02.2

are coming out of the U.S. Which could drag the dollar down even more. I'm Mitchell Hartman for

2:07.9

Marketplace. We have a partial federal government shutdown now in a 20th day here, plus trade and

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