Tuesday Afternoon Breaking News Update with Ben - 7/28/26

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The MeidasTouch Podcast 1h 13m 8 speakers 6 chapters transcribed 1 month ago
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Professor Devi Sridhar 0:00
I am Shannon Maldonado, the founder of the Jaui gift shop, which sells handmade artisanal products. I chose Shopify because when I tested the devices, I found them to be one of the easiest to use devices. It was important for me to consider our development in the future. All the tools needed for sales, such as storage design, are in the dashboard. Start the free trial at shopify.com. I'm Shannon Maldonado, the founder of Jaui, a gift shop that sells handmade artisanal products. I chose Shopify because when I tested the equipment, I found it to be one of the easiest to use equipment. It was important for me to consider our development in the future. All the tools needed for sales, such as stock planning, are in the dashboard.
Professor Devi Sridhar 0:52
Start your free trial at shopify.com. I am Shannon Maldonado, the founder of the Jaui gift shop that sells handmade artisanal products. I chose Shopify because when I tested the equipment, I found it to be one of the easiest to use equipment. It was important for me to consider our development in the future. All tools needed for sales, such as stock planning, are handy on the dashboard. Start the free trial at shopify.com website.
Shannon Maldonado 1:26
I founded Ornot in 2013. I think the best thing about Shopify is that we can practice business without technical skills. We can manage the company's background and front-end and sell online. If Shopify was a bicycle, it would be a bicycle itself. That way things are handled and our business is handled in Shopify. Start a free trial at shopify.com.
Professor Devi Sridhar 1:55
I'm Shannon Maldonado, the founder of Jaui, a gift shop that sells handmade artisanal products. I chose Shopify because when I tested the equipment, I found it to be one of the easiest to use equipment. It was important for me to consider our development in the future. All the tools needed for sales, such as storage design, are handy on the dashboard. Start the free trial at shopify.com website.
Ben Meiselas 2:25
Welcome to Ben on Breaking News. I'm Ben Mycelis, and this is your Breaking News. Let's just start with the facts, not hyperbole, no exaggeration, just the damn facts right now, okay? Let's talk about the Strait of Hormuz. Who controls it, the U.S. or Iran? Answer, Iran. Bab el-Mandab Strait, Red Sea. Who effectively controls it right now? There's some more traffic going through the Bab el-Mandab than the Strait of Hormuz. Virtually no tankers going through the Strait of Hormuz right now. Bab el-Mandab, the Houthis, part of the axis of resistance with Iran. What's going on in Saudi Arabia right now? I mean, as we speak, right, there are three major refineries that still remain on fire. The biggest refineries in Saudi Arabia and a pipeline that connects eastern Saudi Arabia with western Saudi Arabia.
Ben Meiselas 3:21
And then there is a refinery that's slightly south. Of the one on all the way on the east by the Red Sea, all destroyed by the Houthis after Saudi Arabia destroyed the Sana'a airport in western Yemen and the Houthis said they were going to respond. They did indeed respond. Our strategic petroleum reserves, I know I sound like a broken record on this, at an all-time low right now. I mean, that's not good. You take a look at the treasury yields right now, right? The 10, 20, 30-year, 30 years over 5%, the 10 and 20-year aggressively approaching new highs, but 5%. People can't afford things here in the United States. That's objectively what is happening right now. There is no deal with Iran. There's no deal.
Ben Meiselas 4:17
We're not close to doing a deal. As you know by now, we've been on this beat now for weeks and weeks and weeks. The United States basically ran out of munitions, those precision munitions in particular. the THAAD, the Patriot Interceptors dwindling significantly, and the U.S. bases that are in the region, in Jordan, in Kuwait, in Bahrain, Saudi Arabia, and Syria. Those were getting clobbered by Iran, clobbered by Iran, the U.S., shut down any private companies that put out satellite footage the u.s asked european companies to do the same to shut down its satellite footage of the middle east because they didn't want us to see what was actually happening with the u.s bases there still was the sentinel 2 satellite

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