Day: October 21, 2026

More cuts are “definitely necessary”, says German ambassador to the EU. Thomas Hans Ossowki speaks on EU budget discussions, ruling out new common borrowing and EU-level taxation, while reaffirming support for Ukraine.

READ MORE : http://www.euronews.com/2026/10/21/more-cuts-necessary-says-german-ambassador-to-eu-ruling-out-common-borrowing-eu-level-taxe

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On today’s podcast:

(1) A recent slowdown of the SpaceX’s Starlink satellite system that enables Ukraine to fend off deadly Russian aerial assaults came from an order by Elon Musk, the company’s chief executive officer, the Wall Street Journal reported on Tuesday.

(2) Volodymyr Zelenskyy sought to draw a line under the escalating feud with the US after meeting with Donald Trump’s envoys in Oslo, while the US president kept up pressure on Kyiv.

(3) Elon Musk capitalized on a strong quarter of earnings at SpaceX to openly press for combining the business with Tesla Inc. in what would be the biggest merger of all time.

(4) Billionaire Ken Griffin said investors are “almost certainly” in the midst of an artificial intelligence bubble as many companies are still grappling with just how much they’ll spend on the technology and how it will transform the economy.

(5) There’s a risk the ongoing French bond rout escalates into a euro-area debt crisis that eclipses the blowup that began in Greece nearly two decades ago, warned Franklin Templeton’s fixed-income investment chief.

(6) More than half of Britons think markets could severely lose confidence in the UK within five years. The poll from Ipsos and the National Institute of Economic and Social Research found respondents expect tax hikes in the coming budget.

(7) Italian Prime Minister Giorgia Meloni heads into next year’s election with no plans to broaden her coalition to include the new far-right National Future party, said one of the co-founders of her Brothers of Italy party.

Podcast Conversation: For Racers and the Rich, Caldwell Is Nordic Ski’s Gear Guru (https://www.bloomberg.com/news/articles/2026-10-20/where-to-buy-the-best-cross-country-skis-caldwell-sport-is-nordic-gear-guru)
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