Wednesday, March 12th, 2025 - Gov’t shutdown, market crash & Tesla updates; Ukraine ceasefire; Duterte arrested; Mel Gibson scandal

Morning Announcements

Betches

News Commentary, Daily News, News, Politics

4.8 • 1.4K Ratings

🗓️ 12 March 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s Headlines: Stock market turmoil continues as Trump’s tariff moves rattle investors, with the Dow dropping over 450 points. Meanwhile, Tesla struggles, prompting Trump to host a bizarre White House sales pitch for the brand. The House passed a spending bill to avoid a government shutdown, but its fate in the Senate is uncertain. The Education Department begins mass layoffs as part of a broader plan to dismantle the agency, while the Agriculture Department axes local food programs for schools. In foreign affairs, Ukraine and Russia have agreed to a temporary ceasefire, leading the U.S. to resume intelligence sharing. The Philippines arrested former President Rodrigo Duterte, extraditing him to The Hague on charges of crimes against humanity. And in Washington, the Justice Department’s pardon attorney was fired after refusing to restore Mel Gibson’s gun rights following his domestic violence conviction. Resources/Articles mentioned in this episode: AP News: Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes NBC News: Trump turns the White House lawn into a Tesla showroom AP News: House passes bill to fund federal agencies through September — Senate prospects unclear AP News: Education Department cuts half its staff as Trump vows to wind the agency down Politico: USDA cancels $1B in local food purchasing for schools, food banks NBC News: U.S. to restart intelligence sharing and security assistance to Ukraine AP News: Philippine's ex-President Rodrigo Duterte arrested on ICC warrant NY Times: Justice Dept. Official Says She Was Fired After Opposing Restoring Mel Gibson’s Gun Rights Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	This March streamed Sky Sports Big Weekend on now. F1 roars back to life with Hamilton's first race in red. Newcastle and Liverpool clash in the Carrabout Cup final. Sunday is war to war with incredible football, including the old firm showdown between Celtic and Rangers and a fierce London Derby as Arsenal host Chelsea. Then Golfs elite ring guaranteed drama at the Players' Championship.
0:22.1	The March Big Weekend.
0:23.7	Get Sky Sports available with no contract on now.
0:26.7	18 plus UK only broadband 2.5 megabytes per second required.
0:30.5	Today is Wednesday, March 12th, and you're listening to the morning announcements presented by Betches Media.
0:36.4	I'm your host, Sammy Sage, and the Morning Announcements is your daily five-minute
0:40.1	breakdown of the headlines that isn't a megaphone for the loudest voices, but a
0:44.2	magnifying glass for the most important news.
0:47.2	This episode of the Morning Announcements is brought to you by Built Rewards.
0:50.8	Here's the thing.
0:51.8	We earn points on groceries, travel, and practically everything else
0:55.3	we buy. But we should also be earning points on rent, one of our biggest monthly expenses.
1:00.5	Earning points on rent is now a reality when you pay your rent through Bilt. Stay tuned until the
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1:09.4	joinbilt.com slash morning.
1:11.8	That's j-o-in-b-l-t.com slash morning.
1:18.6	The last time I saw the stock market dominate the headlines like this,
1:22.7	I got a notification that Bear Stearns was going out of business.
1:26.5	The stock market had another catastrophic day yesterday. with the Dow falling by over 450 points.
1:32.8	It's not hard to see why this is happening, as the North American continent spent another day
1:37.7	on Trump's tariff roller coaster. Following an announcement by Ontario Premier Doug Ford
1:42.7	that the province would impose a surcharge on electricity exported to Michigan, New York, and Minnesota,
	...

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