Why It’s Getting More Dangerous for Global Mining Companies

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 7 January 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Jan. 7. Developing countries are pushing for a greater share of profits from mines in their territory, and are taking increasingly aggressive actions to get it. We hear from WSJ global metals and mining reporter Julie Steinberg about what those confrontations look like. And the Biden administration is negotiating a potential prisoner swap with Afghanistan. National security reporter Alex Ward tells us what it might take to make the deal happen. Plus, Meta drops fact-checking on Facebook and Instagram as it looks to align itself with the Trump administration. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Curry's Business.
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0:21.2	Visit your local hub or call their UK-based specialist business center.
0:26.1	Curry's business, powering your business in 2025.
0:32.9	Meta pulls back from fact-checking as it looks to align itself with the incoming Trump administration.
0:38.5	And the Biden administration is negotiating a potential prisoner swap with the Taliban.
0:43.5	Plus, why it's getting more dangerous for mining companies to operate in developing nations.
0:48.4	Whenever times are good and commodity prices are high,
0:51.4	countries will sometimes try to renegotiate with the miners that are
0:55.4	operating on their land. But this time, mining companies are now saying, we've seen a level of
1:01.1	aggression not previously seen. It's Tuesday, January 7th. I'm Alex Oslo for the Wall Street Journal.
1:07.6	This is the PM edition of What's News, the top headlines and business stories that
1:11.6	move the world today.
1:16.1	We kick off today with news from the tech world. Meta is ending fact-checking and removing
1:21.3	restrictions on speech across Facebook and Instagram. In a video posted today, CEO Mark Zuckerberg
1:27.1	said the move was about free speech.
1:29.3	We've reached a point where it's just too many mistakes and too much censorship.
1:33.7	The recent elections also feel like a cultural tipping point towards once again prioritizing speech.
	...

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