4.2 • 7.8K Ratings
🗓️ 7 April 2025
⏱️ 29 minutes
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Asian and European stocks drop as investors across the globe react to US president Donald Trump’s trade tariffs. Also: a BBC investigation into claims Palestinian prisoners were tortured in Israeli jails.
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0:00.0 | This is the Global News podcast from the BBC World Service. |
0:04.6 | I'm Valerie Sanderson and at 1330 hours GMT on Monday the 7th of April, these are our main stories. |
0:10.5 | All eyes turn to Wall Street as stock markets in Asia and Europe plunge. |
0:15.0 | Kirsten Breseski is chief economist for Germany at the Bank, ING. |
0:18.7 | We see that financial markets are currently completely reprising their view on the global |
0:24.5 | economy, namely that they are now expecting a recession coming in the US, |
0:28.8 | and they also see the threat of a global recession this year. |
0:31.6 | We hear about the allegations of mistreatment of Palestinian prisoners in Israeli custody. |
0:37.9 | They cuffed me and beat me so much that blood was pouring down my arms and legs. |
0:42.3 | I went three days without a single drop of water. |
0:45.0 | We would get tortured on the way from the barracks to the doctor's room. |
0:48.4 | As efforts continue to restore a ceasefire in Gaza. |
0:53.9 | Also in this podcast, the Dominican Republic cracks down on migration from neighbouring Haiti, which is being ravaged by gang violence. |
1:02.0 | And the new technology that could save honeybees in Europe from aggressive Asian hornets. |
1:11.9 | We start with the global stock market turmoil as investors react to US President Donald Trump's |
1:18.4 | trade tariffs. European exchanges have plunged following heavy falls on the Asian stock |
1:23.7 | markets as concerns grow over a global recession. |
1:32.9 | Markets in Europe's big three economies, France, Germany and the UK, have recovered slightly, |
1:37.2 | but were down 3 to 4% at the time of recording this podcast. |
1:42.3 | EU ministers are meeting in Luxembourg to discuss countermeasures to the US tariffs. |
1:45.8 | Karsten Roseski, chief economist for Germany at the Bank ING, says markets fear a global downturn. We see that financial markets are currently |
1:52.1 | completely reprising their view on the global economy, namely that they are now expecting a |
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