Biden-Blocked $15B Steel Merger Gets Messy & Indoor Golf Ready for Prime Time?
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What recent event led to Justin Trudeau's resignation?
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, inflation claims another victim as Justin Trudeau steps down as Prime Minister of Canada.
Then a new high-tech Tiger Woods-backed golf league kicks off its inaugural season tonight. It's Tuesday, January 7th. Let's ride. Let's ride.
This might make you feel a little lazy. A 55-year-old Belgian woman named Hilde de Soon just put all of our New Year's resolutions to shame, saying she completed one marathon per day in 2024, a goal she set for herself at the beginning of the year. That's not only wildly impressive and a little bit crazy, but it also could be history. She's submitting evidence to the Guinness World Record to become the first woman to run a marathon every single day of the year. Toby, she said the hardest part about this wasn't the physical aspect, but the mental anguish of waking up and knowing you have to start all over again every day, which, same.
Why was the US Steel and Nippon Steel merger blocked?
Same. The only thing more impressive than running a marathon every single day could be recording a business news podcast every morning. I think they're on similar levels. Also, it was a leap year last year, so she actually ran 366 marathons. Pretty crazy. How about this, though, too? She was working part-time. She also has four children and a husband, so it wasn't just running 24-7. She also lived life in between.
Now, if you want to start running this year, if that's one of your goals, maybe you don't have the goal of running a marathon per day because who does? Her advice for people starting out is don't expect insane results right away. Just build it up gradually and you will see the benefits. Don't expect miracles in a short time. So consistency matters.
What are the implications of Biden's veto on the steel merger?
Oh, Canada, you're going to have to find a new leader after embattled Prime Minister Justin Trudeau announced his resignation yesterday. Well, let me clarify. He said he would step down as leader of his Liberal Party, but will stay on as prime minister until the Liberals select a new leader to replace him ahead of elections later in the fall. Trudeau has been in power since May.
How is indoor golf evolving with the new TGL league?
2015 for nine years. But recently he's become about as hated in Canada as the Boston Bruins, with his popularity dipping last month to just 19%. The faltering economy has a lot to do with it. Canada has a housing crisis on its hands that's even worse than the one we have here in the U.S., but without a booming economy to make up for the cost of living. Meanwhile, President-elect Donald Trump has threatened 25% tariffs on all goods coming into the U.S. from Canada. which even by Trudeau's own admission would, quote, devastate their economy. It was the threat of tariffs that ultimately sealed the deal for Trudeau. Last month, his finance minister and close ally, Chrystia Freeland, resigned from her position, citing disagreements with Trudeau over how to respond to Trump's plan. After that blow, Trudeau had lost his party and there was no going back.
Trudeau is kind of emblematic of a lot of the things that progressive politics around the world are suffering right now. They're suffering a lot of voter backlash. You look at the economic stagnation coming out of Europe. It does mirror what's happening in Canada as well. Canada's economy got really wonky. Inflation peaked at 8% back in 2022. It hasn't dipped below that 2% until last summer.
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Chapters
6 chapters
1
What recent event led to Justin Trudeau's resignation?
0:44–1:48
2
Why was the US Steel and Nippon Steel merger blocked?
1:48–2:33
3
What are the implications of Biden's veto on the steel merger?
2:33–2:54
4
How is indoor golf evolving with the new TGL league?
2:54–4:24
5
What role do history podcasts and books play in today’s media?
4:24–6:08
6
What are the top headlines of the day?
6:08–25:14
Speakers
2 identifiedMore from Morning Brew Daily
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