nuclear

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1)  The US has told allies that Russia could deploy a nuclear weapon or a mock warhead into space as early as this year, according to people familiar with the matter.

(2) As Russia's war in Ukraine enters a third year, President Vladimir Putin's forces have shifted to the offensive and captured the eastern city of Avdiivka after months of fighting. In a conflict where momentum has ebbed and flowed, the mood is now noticeably darker in Kyiv.

(3) HSBC reported fourth-quarter profit fell 80% after taking unexpected charges on holdings in a Chinese bank and from selling its French retail operations.

 (4) Citigroup lifted Chief Executive Officer Jane Fraser's pay about 6% to $26 million for a year in which she kicked off a major overhaul of the Wall Street giant to simplify operations and boost profitability.

(5) UK Chancellor Jeremy Hunt will have £23 billion of headroom for pre-election tax cuts in his budget next month but any giveaways will be "sandwiched between far bigger past and future tax rises," according to the Resolution Foundation. 

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More than 100 dead after two explosions at commemoration for a slain Iranian general, delegation of more than 60 Congressmen visit the southern border, and the release of the Jeffrey Epstein court documents has begun. Get the facts first with Morning Wire.

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Tucker Carlson speaks out and hints at what’s next for the popular former Fox news host, President Biden finalizes a nuclear weapons agreement with South Korea and the defamation civil lawsuit against former President Trump continues. Get the facts first with Morning Wire. 

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The new year brings new tax hikes while fears of a recession loom, the latest Twitter Files drop shines a light on a sitting congressman, and North Korea expands their nuclear arsenal. Get the facts first on Morning Wire.

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Joe Biden tells his donors we’re on the brink of nuclear Armageddon; plus Biden pardons anyone with a criminal conviction for marijuana possession; and The Department of Justice reportedly prepares to prosecute Hunter Biden.

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Austin Vernon is an engineer working on a new method for carbon capture, and he has one of the most interesting blogs on the internet, where he writes about engineering, software, economics, and investing.

We discuss how energy superabundance will change the world, how Starship can be turned into a kinetic weapon, why nuclear is overrated, blockchains, batteries, flying cars, finding alpha, & much more!

Watch on YouTube. Listen on Apple Podcasts, Spotify, or any other podcast platform. Read the full transcript here.

Follow Austin on Twitter. Follow me on Twitter for updates on future episodes.

Timestamps

(0:00:00) - Intro

(0:01:53) - Starship as a Weapon

(0:19:24) - Software Productivity

(0:41:40) - Car Manufacturing

(0:57:39) - Carbon Capture

(1:16:53) - Energy Superabundance

(1:25:09) - Storage for Cheap Energy

(1:31:25) - Travel in Future

(1:33:27) - Future Cities

(1:39:58) - Flying Cars

(1:43:26) - Carbon Shortage

(1:48:03) - Nuclear

(2:12:44) - Solar

(2:14:44) - Alpha & Efficient Markets

(2:22:51) - Conclusion

Krystal and Saagar talk about Putin being declared a war criminal, dissent within Russia, renewed discussions of nuclear war, Trump's fails in GOP primaries, Kamala and Biden infighting, first amendment protections, investors restricting oil supply, Iraq War amnesia, and the future of the Iran nuclear deal!

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In a conversation fresh from the Freakonomics Radio Network’s podcast laboratory, Michèle Flournoy (one of the highest-ranking women in Defense Department history) speaks with Cecil Haney (one of the U.S. Navy’s first Black four-star admirals) about nuclear deterrence, smart leadership, and how to do inclusion right.

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Sam Harris speaks with Mark Bowden about the problem of a nuclear-armed North Korea.

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