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Global News Podcast

Canada and the US join the World Cup action

13 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.031 - 49.933

This BBC podcast is supported by ads outside the UK. Keitetääs kahvit. Mikä ihana lause. Saa hengähtää ja unohtaa hetkeksi huolet ja hommat. Siinä mieli virkistyy ja sydän kevenee ja kuulee maukkaimmat jutut. Tai saa vain hetken olla ja nauttia. Arkea ikä kaikki. Ja se on hyvä niin. Eloveena. Täyttä eloa.

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53.288 - 86.632 Alex Ritson

This is the Global News Podcast from the BBC World Service. I'm Alex Ritson, and in the early hours of Saturday 13th June, these are our main stories. Co-hosts Canada and the US get their World Cup campaigns underway. Elon Musk becomes the world's first trillionaire. Both US and Iranian officials have indicated that a deal to end the war is within reach. also in this podcast.

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87.254 - 97.935 Joanna Keane

Spy turtles and spy fish have apparently been found swimming in a specific area, collecting what the Chinese say is sensitive data, which is then transmitted overseas using satellite.

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97.955 - 120.291 Alex Ritson

The Chinese government has accused foreign spies of attaching sensors to turtles. We begin the podcast with the latest from the World Cup. Co-hosts Canada kicked off their tournament a few hours ago, drawing 1-1 with Bosnia-Herzegovina in Toronto.

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120.792 - 139.118 Alex Ritson

After Mexico began proceedings at the Azteca Stadium on Thursday, it was the turn of Canada to take its place in the spotlight, with an opening ceremony featuring homegrown music stars Alanis Morissette and Michael Bublé. Our reporter Jessica Murphy was in Toronto ahead of the game.

139.452 - 159.621 Jessica Murphy

I gotta say, it's today that you really felt the buzz in the city. It was just this morning you saw a sea of Canadian fans, just a sea of red walking down this street with Chants of Oh Canada heading into the stadium grounds behind me. And when Canada scored that tying goal, you could hear the cheer. There was no doubt what happened.

160.107 - 182.322 Alex Ritson

Just before we recorded this edition of the podcast, the USA completed their first match against Paraguay. It ended 4-1 to the hosts. And yes, it too was preceded by another opening ceremony. This one featured Katy Perry. The famous names looking on included Tom Cruise, David Beckham and Paris Hilton.

182.623 - 191.127 Alex Ritson

I've been speaking to our correspondent in LA, Shaima Khalil, who gave us a sense of the atmosphere in the city before the match started.

191.748 - 222.424 Shaima Khalil

I am among the fans in the iconic Coliseum Stadium here in LA. This is the fan festival hub, and I'm surrounded by different jerseys. A lot of red, white, and blue USA jerseys, but also a lot of Mexico t-shirts. And the ultimate fan look that I absolutely love, that I have to tell you about, was a USA fan jersey, and jeans short, and cowboy boots. Not that I can pull it off.

Chapter 2: What are the highlights of the World Cup matches for Canada and the US?

393.651 - 407.593 Alex Ritson

Our colleagues over on DVC Social Video, they actually did look at this. What can you buy with a trillion dollars? They found that you could buy every major U.S. sports team or 175.7 billion Big Macs. So there's that.

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Chapter 3: How did Elon Musk become the world's first trillionaire?

407.653 - 421.129 Alex Ritson

But on a more serious note. I think we're about to find out. And I don't think it's all going to necessarily be positive. I would point you to the 2024 election in which Elon Musk spent almost $300 million to help U.S.

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Chapter 4: What recent developments are there in US-Iran relations?

421.149 - 438.447 Alex Ritson

President Donald Trump win. And with campaign finance laws being what they are in the U.S., imagine even more money being deployed in such a way on both sides of the political aisle. I also think it may go into funding more legal action against Musk's rivals, which we've seen some highlights there this past year.

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438.427 - 460.436 Alex Ritson

And it could also go towards starting new businesses that Musk has been eyeing or interested in developing. We shall see. Yeah. And SpaceX, are investors buying this stock for normal investment reasons or something else? I think there's a wide range of reasons that investors are interested. Not everyone is a fan of Elon Musk's, but there are plenty of people out there who are.

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460.597 - 476.196 Alex Ritson

In Silicon Valley, I regularly come across people who firmly believe in Musk's ability to execute on big ideas. And while SpaceX is not profitable, it does include his rocket operation and Starlink, the satellite internet service.

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Chapter 5: What unusual espionage tactics has China accused foreign spies of using?

476.176 - 495.964 Alex Ritson

I do want to highlight that there are a lot of Americans who are going to be exposed to SpaceX stock, whether they like it or not. And that's going to come via 401k retirement accounts or the stock portfolios of these individual investors who like to pick a stock index like the Nasdaq 100 and just plunk their money there and see what happens.

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496.245 - 514.771 Alex Ritson

Yeah, and the slightly unfortunate metaphor for SpaceX, but presumably there are people saying that what goes up must come down. Right. I mean, it's possible SpaceX will continue to do well as it did today. We saw a big pop in the stock this afternoon, but there's no guarantee the arrow is going to continue to move up and to the right.

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514.911 - 535.274 Alex Ritson

You know, I'll share just one statistic that I think is really interesting when you look at IPOs or these public listings like what we saw today. A quarter of stocks that IPO lose half or more of their value within the first three years of trading. That's according to one analysis that I've seen. So again, this is not a profitable company.

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535.394 - 561.446 Alex Ritson

It has one profit center in its satellite internet service, Starlink. The rest of it loses money. So we'll be watching this stock trade closely over the coming weeks and months and years. But there are plenty of skeptics out there. Lily Jamali. Since the US war with Iran began more than three months ago, there have been many claims from Donald Trump that a deal to end it is close.

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561.606 - 587.299 Alex Ritson

But this time, maybe it could be different. It's not just positive noises from the White House. The Iranian Foreign Minister, Abbas Arragchi, announced on Friday evening... that a statement about the future control of the Strait of Hormuz should be expected soon. It's understood the deal could involve both reopening the crucial shipping route and the lifting of the US blockade on Iranian ports.

587.319 - 610.291 Alex Ritson

Our correspondent in Washington, Bernd de Boosman, began by telling us about news from a senior official in Washington about a potential memorandum of understanding, an MOU. What that deal is, is A, that Iran would give up its nuclear enrichment program. The highly enriched uranium would be destroyed in place and then removed from Iran.

610.651 - 614.556 Alex Ritson

At the same time, the blockade would be lifted and the Strait of Hormuz would be open.

Chapter 6: How did Canada perform in their opening World Cup match?

614.897 - 626.552 Alex Ritson

Quite significantly, the official also said that it would require kind of a lasting peace, which in practice means that Iran would have to stop funding proxy militias, for example, Hezbollah in Lebanon.

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626.532 - 638.423 Alex Ritson

Now, there's always been the issue of the money, Iran's frozen assets, that there had been some reporting that suggested that the Iranians were insistent that at least part of that money is released once this MOU is signed immediately.

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638.783 - 643.127 Bernd De Boosman

The White House, for their part, says that that's not the case, that this is a performance-based deal.

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643.327 - 655.999 Alex Ritson

So, for example, when Iran gives up highly enriched uranium or opens up the Strait of Hormuz, that money would then be released and it would be kind of incremental, step-by-step. Whenever Iran does something, more funds would be

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655.979 - 671.203 Alex Ritson

released and that they kind of spoke quite a bit about a verification system and going forward in which, for example, with the highly enriched uranium that would be independently monitored and verified to make sure that Iran is doing what they've agreed to in the MOU.

671.183 - 689.269 Bernd De Boosman

Overall, I think, I mean, these are generally the things that the White House has been insistent since the beginning on the conflict that they want from Iran. There was no mention, however, of Iran's missile program, for example, going forward. But generally, I think this would be very much seen as a victory for the White House if it is, in fact, what the Iranians have agreed to.

690.13 - 697.14 Alex Ritson

So what is the view in Iran? Kashaya Junaidi is from the BBC's Persian service in Washington.

697.593 - 711.172 Bernd De Boosman

The Iranian regime and the supporters of a possible deal are framing this as a victory for the Iranian regime. We had Abbas Arakhshi, the Iranian foreign minister, talk to state TV, and there are some important or interesting facts in his talks.

711.212 - 731.018 Bernd De Boosman

First of all, although the Americans are saying that Iran has agreed to dismantle its nuclear program, Abbas Arakhshi said difficult issues such as a nuclear program have been agreed to be discussed in the 60-day period after signing the MOU. And then the other thing he talked about is about the Strait of Hormuz, which the Americans say that the Iranians have agreed to open it.

Chapter 7: What was the atmosphere like at the USA's first World Cup match?

908.023 - 912.87

Ja se on hyvä niin. Eloveena. Täyttä eloa.

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919.415 - 944.038 Alex Ritson

This is the Global News Podcast. The Chinese government has warned of a secret war playing out in its seas. The Ministry of State Security claimed that foreign intelligence agencies are using innovative ways to monitor Chinese waters, including deploying spy animals fitted with sensors. The BBC's Joanna Keane told Oliver Conway more about China's allegations.

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944.828 - 964.901 Joanna Keane

Well, they're saying that foreign spies are attaching sensors to big maritime animals like turtles and fish to monitor the country's waters. Now, these spy turtles and spy fish have apparently been found swimming in a specific area, collecting what the Chinese say is sensitive data, which is then transmitted overseas using satellite.

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965.442 - 984.426 Joanna Keane

Now, this data, they've used examples like water temperature, ocean currents. It does sound fairly innocent, but the Chinese say this can be used to build up a wider picture of coastal defences, which could then pose a threat to China's national security. Now, their social media post is called Under the Deep Blue Undercurrents are Surging.

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984.967 - 1003.833 Joanna Keane

Now, the Ministry of State Security gives details of other espionage equipment. So we've got an ocean monitoring buoy. which is fitted with a sensor on top and has a chain to anchor it down. Something called wave gliders. These are devices powered by the waves and solar energy. They have radio communication on board.

1003.873 - 1021.258 Joanna Keane

They can receive real-time satellite instructions and then transmit information back to military overseas. And they also talk about ship-borne electronic equipment, basically devices that look like normal devices that you find on a ship, but they're actually being used for intelligence gathering.

1021.238 - 1040.315 Joanna Keane

So the appeal is the ministry saying, look, maritime security is an important part of national security. They want stringent checks on equipment received from abroad and says companies shouldn't just be casually buying and installing equipment. And of course, they've also called on fishermen to report any suspicious looking devices.

1040.816 - 1043.922 Alex Ritson

And who are they claiming is behind this spy?

1044.779 - 1064.768 Joanna Keane

Well, we're used to, aren't we, Beijing and Western governments trading accusations of espionage. In this case, it doesn't specify which foreign country is apparently using these devices. But it has made claims in the past about espionage in its waters, including the South China Sea, the East China Sea, Taiwan Strait, some sensitive areas there.

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