Bloomberg Audio Studios, podcasts, radio news. A single best idea and this could be you know, a legit forty minute podcast today. An extraordinary effort today by our team. Jensnordviks dot buy on foreign exchange, just fiery on euro and risks to the dollar. He's with Xanti Data. Ana Wong was on fire looking for a real shift in the American economy after fourth of July anamog looking for a four point eight percent unemployment rate and higher after that.
Of course that off the FED meeting yesterday. Rick Atkinson showed up. We have two summer books this year. One is on economics and finance Kenneth Rogoff. We'll have Ken Rogoff in here to talk about is just wonderful sprawl of a book across Russia, Europe, across Japan. And then the Future of the Dollar and another book which we featured today. Rick Atkinson joined us with his magisterial second volume, The Fate of the Day on the American Revolution. What
an honor. Richard Portis joined us as well. He has esteemed the London Business School. Professor Portis with a perspective of the Transatlantic and it hearkens back to World War to Richard Port us here on the death of Joseph Nye of Harvard.
Afraid it looks rather shaky now. Sadly, Joe was a wonderful person and a terrific intellect, and the soft power concept really made headway during the day when soft power could exercise power. Now it seems that we've shifted away from that. And the environment, the international environment is not
conducive to the use of soft power. We are in chaos mode honestly internationally and to some extent domestically in this in this country, in the United States, and a bit in the UK and some in Europe as well. So it's it's not it's not good. The multilateral system is coming apart, and someone like Joe and I for example, was a great proponent and advocate of multilateral stability, and it's it's going what an honorative.
Rich redportis on the late Joseph, and we continued with Professor portis of course so much to talk about about domestic United Kingdom politics, mister Faraj and all, but also of course the special relationship in some form of quote comprehensive unquote agreement. Looking to Prime Minister Starmer.
I think starmer Is, the Prime Minister in the UK, is treading a very fine line and not quite clear which side of that line he's falling on, as between the European Union and the United States, and he's trying to both have it both ways, good relationships with both, but it's not clear that that's going to be feasible, so he may in due course have to make some tough choices. If he will portray this deal with the Trump is about to announce, he will portray that as
a great step forward. As I've said, I don't think it's a great step forward. It's useful, but the baseline, as far as I can, as far as I understand from the press, the baseline ten percent step tariff will stay.
Richard Portos with all of his academics in America now at the London Business School. Just an honorative of him and U Obedient as well. Today. What a show it was across the nation on your commute. Thank you so much for listening. In A major shout out to Google and all their technology with Android Auto. It's changing radically. They're really enhancing that software on YouTube around the world, including Richard Portis London. Thank you for subscribing to Bloomberg podcast,
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