Iran admits brutality; Niall Ferguson on Trump’s “Madman Theory”; Andrew Ross Sorkin on the next Great Depression; China’s play for Iron Ore pricing power.
In this edition of BizNews Daybreak, Alec Hogg unpacks a volatile start to the week:
Iran on the Brink: Supreme Leader Ali Khamenei (86), in power for 37 years, breaks his silence, admitting to the brutal repression of recent anti-government protests that billed thousands.
Method to the Madness: Historian Niall Ferguson explains why Donald Trump’s chaotic geopolitical moves—like the bid for Greenland—might be a calculated application of Nixon’s “Madman Theory” to deter adversaries.
Market Crash Fears: With anxiety rising, New York Times columnist and author of a recent bestseller on the subject Andrew Ross Sorkin weighs in on whether a 1929-style collapse is possible today, or if government debt is the real ticking time bomb.
Commodities Shift: Beijing makes a major move to centralize iron ore purchases, threatening the pricing power of global mining giants.
Check the bond market, watch the tariffs, and win the day.