September 17, 2025 • 15 mins
Thursday 18 September 2025
It’s been a frantic 24 hours in politics, with Prime Minister Anthony Albanese signing an alliance with Papua New Guinea, Opposition Leader Sussan Ley giving a major economic speech, and Donald Trump berating an Australia journalist, threatening to talk to Albanese about him.
And more, including:
- The Abu Dhabi National Oil Company pulls its $36b bid for Santos
- The Reserve Bank almost declares victory over inflation.
- BHP cuts coal mining jobs in Queensland.
- Dire consequences in Europe from climate change.
- Pets start boarding Virgin flights.
Join our free daily newsletter here.
And don’t miss the latest episode of How Do They Afford That? - this week, four pieces of bad financial advice you should definitely ignore. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:06):
Welcome to Fear and Greed business news you can use today.
It has been a frantic twenty four hours in politics,
with Prime Minister Anthony Alberesi signing an agreement with Papua
New Guinea, opposition leader Susan Lee giving a major economic speech,
and Donald Trump berating an Australian journalist threatening to talk
to Alberzi about him. The thirty six billion dollar bid
(00:28):
for oil and gas giants Santos falls over, and the
Reserve Bank almost declares victory over inflation, plus dire consequences
in Europe from climate change, and pets start boarding virgin flights.
It is Thursday, the eighteenth of September twenty twenty five.
Are Michael Thompson and good morning, Sean Aylmer.
Speaker 2 (00:45):
Good morning Michael, Sean the main.
Speaker 1 (00:47):
Story this morning. It has been a really it is
a frantic and somewhat unusual twenty four hours in federal politics.
I mentioned it's really a shopping list in the intro there.
We've had Prime Minister Anthony Alberesi sid signing a joint
communicate committing with Papua New Guinea to pursue a mutual
defense treaty. Oppositionally to Susan Lee giving that major economic
(01:10):
speech as I mentioned, and then Treasurer Jim Chalmers saying
the Liberal Party is being run by a quote weird
collection of cookers and crackpots.
Speaker 2 (01:22):
He isn't quite Paul Keening. He's trying. He's trying so
hard he is he is. Prime Ministers Albanzi and James
Marape of pap New Guinea have agreed on the text
of a mutual defense treaty, which will be signed following
cabinet processes in both countries. The thing is they were
(01:44):
supposed to sign it this week. They haven't. They've just
signed a communicate that leads the way to the treaty.
The treaty, theoretically, assuming it's signed off in Papua New
Guinea and Australia, will commit either nation to come to
each other aid in conflict and agrees to settling out
a shared ambition to establish a recruitment pathway for p
(02:06):
ANDG citizens into the Australian Defense Force. It will upgrade
our relationships with PNGNG to an alliance. That's the first
new alliance Australia's had in seventy years. He came as
former US Deputy Secretary of State Kurt Campbell said that
the expected meeting between Anthony Albernezi and Donald Trump in
coming months will be the most consequential meeting between an
(02:27):
Australian Prime Minister and US president in decades. He urged
Albanesi to move beyond narrow bilateral issues such as tariff's
on Australian goods and focus on bigger issues in the Pacific. Meanwhile,
Susan Lee called for more sustainable management of the budget
and argued that Australia is trapped in a post pandemic
mindset of government dependency that's exacerbating in the generational inequity
(02:50):
by driving up debt and threatening to render the welfare
system unsustainable. She was very keen on talking about debt
and the budget yesterday, kind of her safe space given
everything else that's going on in the coalition at the moment.
Speaker 1 (03:03):
Yeah, indeed, that's all the serious stuff, and that is
some really serious stuff. What about the weird collection of
cookers and crackpots though, Sean.
Speaker 2 (03:10):
Let's get to the number this story.
Speaker 1 (03:11):
Well.
Speaker 2 (03:11):
Jim Chalmers was talking about the opposition in relation to
some members of the Conservative Parties wanting to abandon net
zero commitments. He said the worst possible outcome from an
economic point of view and an environmental point of view
would be if Australia walked away from net zero. He
then went on to call the opposition a weird collection
of cookers and crackpots. Later in the day, James Patterson,
(03:33):
the Opposition finance spokesperson, said there is disagreement within the
party room, but not enough to threaten Susan Lee's leadership,
nor enough to not actually commit to some sort of
climate change target. It wasn't actually the only left field
discussion involving charms. Yesterday, Michael he came out in support
(03:53):
of ABC journalist John Lyons, who's a veteran journalist, has
worked at Fairfax, at news Corps and now the ABC
knows what he's doing. John Lyons was rebuked by US
President Donald Trump for asking whether it was appropriate that
he Trump maintained business interests while in office. The US
President said lyons questions were damaging to the Australia US
(04:15):
relationship and that he would raise them with Prime Minister
Anthony Alberzi when the pair are expected to meet later
in the month. I quote in my opinion that you
are hurting Australia very much right now, and they want
to get along with me. Your leader is coming over
to see me very soon. I'm going to tell him
about you. You set a very bad tone. End quote.
(04:35):
Charms came out in support of Lions. He basically said
he's just doing his job, but it was kind of
entertaining to see John Lyons being told off by Donald
Trump and he's going to go to his mum or
dad in this case, Anthony Abernezi and tell on him.
Speaker 1 (04:50):
Ah, that's I mean, you can't. You just can't do that.
You cannot threaten a member of the media like that.
And I know that the first rule of journalism as well, Shawn,
as not to insert yourself into the story. But as
a journalist, when John Lyons, when this is happening, wouldn't
he just be going, Oh, this is a cracker of
(05:10):
a story now, right.
Speaker 2 (05:12):
I mean, and John is a great journalist. He's not
someone that's just come along lately. He has, but he's
been John. I apologize if I'm getting it wrong. Thirty
five forty years A journalist is an ed of tapers.
Speaker 1 (05:28):
Yep, yeah, yeah, he's been at the OS and everything.
As well, so it's kind of he's worked on both
sides really of the.
Speaker 2 (05:36):
Of the Sure what you mean by that, Michael go on.
Speaker 1 (05:38):
I'm sorry, I'm sorry, I'm casting its versions here against
different media organizations. Let's move on quickly, shall we. Sean
The Reserve Bank has almost sort of kind of declared
victory in the war on inflation, with the central bank's
chief economists saying the organization is close to achieving its
dual goals of a strong jobs market and stable prices.
Speaker 2 (06:00):
I quote Sarah Hunter, the chief economist at the Reserve Bank,
we think, we hope that we're pretty close to getting
inflation back at target. It's almost there. With inflation now falling,
the Reserve Bank is lowered the cash rate three times
to three point six percent. Financial markets reckon there'll be
one or two more moves by the middle of next year.
In terms of the unemployment rate, it's at four point
(06:21):
two percent. Hunter said the jobs market was and I
quote pretty close to full employment. Quote, and that's despite
isolated areas of excessive strength, including construction markets in Brisbane
and Perth. Hunter also said that after several years of
financial stress caused by high inflation and rising interest rates,
the average household was past the worst of the cost
(06:43):
of living pain. She said she expects inflation and the
jobs market to stay roughly where they are now. Michael,
some good economic US marketing, the calendar doesn't happen very much.
Speaker 1 (06:53):
It's very exciting all right now checking local markets. Yesterday,
the S and PA s X two hundred closed lower.
It was way down by mining, retail and real estate stocks.
Traders were really waiting for the US interest rate decision,
which is due very soon. Based on our recording time.
We record obviously quite early in the morning. But Sean,
(07:13):
the big story happened well after the ASX actually closed
yesterday afternoon. It happened late last night where the Abu
Dhabi national oil company ADNOCK walked away from its thirty
six billion dollar takeover bid for Santos, which is Australia's
second biggest oil and gas producer. We've talked a lot
(07:34):
about this over the last few months. This was a
very big proposal. This Adnox Foreign Investment XRG was leading
the bidding consortium here and it said in a statement
last night that it had found factors during its due
diligence work on Santos that had reduced its assessment of
Santos's value. They issued this statement just two days before
(07:57):
the deadline for a binding deal to be signed, and
XRG said it was withdrawing its indicative bid and would
not proceed to a binding offer. That has just come
completely out of the blue. It seems all right, we've
still got a lot to cover, Sean.
Speaker 2 (08:15):
We'll take a quick.
Speaker 1 (08:15):
Break back in a moment with the rest of the
day's business news. Sean BHP will cut seven hundred and
fifty jobs in its coal business Mothball and Mine, and
may shutter skills and Training academy as part of a
cost cutting drive. The decision was called un Australian by
(08:38):
the Queensland government, where many of the jobs are going
to be lost.
Speaker 2 (08:42):
HP blamed week coal prices and Queensland's high royalty rates
for the job cuts, which will be a mix of
white collar roles in the Brisbane office and operational roles
at this soon to be mothballed Seraji South mine in
the state's Bowen Basin coal region. The Big Australian also
said it's considering shutting the Future You Fit Academy in
Mackay that trains newcomers, particularly women, to join the industry.
(09:05):
Queensland Deputy Premier Jared Blaye said that BHP was un Australian.
The Big Australian is un Australian and it should keep
investing the future of young people who want a job
in a mine. B HP cole as At President Adam
Lancy said the Queensland division paid eight times more in
royalties last year than it made in profits.
Speaker 1 (09:27):
One from New South Wales now sean where the state
government wants to supercharge planning approvals in the state and
have given local councils really an ultimatum make a decision
on minor home renovation applications or they'll just be ticked
off automatically.
Speaker 2 (09:43):
I reckon, I'm going to get my front fence finally approved. Sophie.
Speaker 1 (09:50):
You've been hanging out for this to come through, and finally, finally,
it doesn't matter what you what your neighbors say, it's
going to happen.
Speaker 2 (09:56):
It's going to happen. Premier Chrismins announced the planning all
changes yesterday to speed up approvals. The idea is to
increase housing supply. Ultimately, While it should win opposition support.
In New South Wales, he is taking on many, many
local councils. New South Wales is pursuing greater urban density
to achieve its three hundred and seventy seven thousand share
(10:17):
of the national target to build one point two million
homes over the next five years.
Speaker 1 (10:21):
How tall is this fence that you want to builds
like sixteen foot tall? It's the Almer compound.
Speaker 2 (10:28):
Think about it these it's not even I mean it's
an unobtrusive fence and no one would complain about it.
But it's such a process to go through a council.
Speaker 1 (10:37):
It's so hard to get a drawbridge approved these days. Anyway, Sean,
the day has moving on from planning approvals. The day
has finally arrived. Virgin Australia has started welcoming dogs and
cats on board flights between Melbourne and the Gold Coast.
Speaker 2 (10:57):
I remember what a big fan you are of this story.
Speaker 1 (11:00):
Trying to keep my distaste out of my voice.
Speaker 2 (11:03):
Yes, the pets will have to weigh less than eight kilograms,
and that includes the pet carrier that they're in that
will sit under the seat in front. Four pets each flight,
maximum all in rows nineteen or twenty introductory fares on
sale one hundred and forty nine dollars a pet, and
the airline says it has received overwhelmingly positive feedback. It also,
(11:27):
for some reason, went onto great lengths to explain emissions
as in animal emissions. Can I quote Our aircraft are
fitted with ADVANCEDGPA, which is high efficiency particular air GPA
filtration systems which capture more than ninety nine percent of
airborne particles, including pet dander. That was Virgins chief marketing officer.
(11:54):
She went on to say cabin airflow dynamics are such
that air circulates from top to bottom and the cabin
air is renewed twenty to thirty times per hour, which
greatly reduces the risk of airborne allergen transfer. In fact,
the marketing officer said circulation was two to three times
more than a typical office environment. That isn't reason to
allow dogs and cats on planes.
Speaker 1 (12:13):
A Michael, No, No, so far, I'm not seeing the
compelling argument for this one, Sean. Okay, Sean, turning to
international news, Now, this is a really serious story. Climate
change is fueled soaring summer temperatures and killed and estimated
sixteen and a half thousand people in European cities this summer,
pushing overall heat deaths to more than three times what
(12:36):
might otherwise have occurred.
Speaker 2 (12:38):
A new study out of Imperial College in London presents
an early glimpse at the effects of Europe's fourth warmest
summer on record, in which a series of heat waves
hit countries from Italy to Germany and France. According to Bloomberg,
immaculately timed, there's a heat wave actually in France, sort
of across that Italy, Croatia red right now. In fact,
(13:01):
temperatures reached up to forty six degrees in Spain and
Portugal and led to the deaths of several outdoor workers
in Italy and Spain. Research is focused on eight hundred
and fifty four urban areas, finding that temperatures were as
much as three point six degrees higher from June through
August due to climate change. More than sixty thousand people
were likely killed by extreme heat in Europe in the
(13:24):
summer of twenty twenty two, that was the hottest year
more than forty seven thousand people in twenty twenty three.
That's according to other studies, Europe is the world's fastest
warming continent and the Mediterranean is he hotspot for climate change.
This latest research suggests that things are not improving.
Speaker 1 (13:42):
Finally, Shawn, US President Donald Trump arrived in the UK
overnight for a second visit since being re elected, and
one expected to be full of pageantry.
Speaker 2 (13:51):
Indeed, President Trump was due to meet King Charles in
Windsor Castle overnight. On arrival in London, he said, it's
going to be a big day. The visit will see
a crowded mix of royal pageantry, trade talks and international politics.
The red carpet is being rolled out, the carriage processions,
military parades, the red areas, and a state banquet. They
(14:13):
are putting all effort into impressing Donald Trump.
Speaker 1 (14:18):
Yeah, would appear that's the case, Sean. Now up next
is Fear and Greed Q And a our guest today
is Josh Gilbert from Me Toro. And the reason we're
talking to Josh is because of Oracle. And we talked
last week, you and I did, at least about Larry Ellison,
the co founder of Oracle, briefly becoming the world's richest person,
(14:41):
and then Elon Musk kind of jumped back up to
the top of the list. And it was because Oracle's
share price surged. I think it was something like forty
three percent in one day. Now. Oracle has been around
for decades, but clearly it is booming at the moment.
So we're talking to Josh today about why why it
is booming, how far it can go, it can sustain
(15:01):
where it's at at the moment. It is just a
great insight into a company that you know is there.
But really, if someone came up to you and said, hey,
tell me the story of Oracle, I reckon, you'd probably
be hard pressed, right.
Speaker 2 (15:12):
Yeah, yeah, yeah. And the interesting about Oracle is that
it has come off a bit since that boom last week,
and so Elon Musk is once again well and truly
the world's richest person. But briefly Larry Elson got there.
Speaker 1 (15:23):
Anyway. That is up next in the Fear and Greed
playlist on your podcast platform or at Fearandgreed dot com
dot au. Thank you very much, Sean, Thank you, Michael.
It is Thursday, the eighteenth of September twenty twenty five.
Make sure you're following the podcast and please join us
online on LinkedIn, Instagram, x TikTok and Facebook. I'm Michael Thompson,
and that was fear and greed ambigrat Day
Welcome to Fear and Greed business news you can use today.
It has been a frantic twenty four hours in politics,
with Prime Minister Anthony Alberesi signing an agreement with Papua
New Guinea, opposition leader Susan Lee giving a major economic speech,
and Donald Trump berating an Australian journalist threatening to talk
to Alberzi about him. The thirty six billion dollar bid
(00:28):
for oil and gas giants Santos falls over, and the
Reserve Bank almost declares victory over inflation, plus dire consequences
in Europe from climate change, and pets start boarding virgin flights.
It is Thursday, the eighteenth of September twenty twenty five.
Are Michael Thompson and good morning, Sean Aylmer.
Speaker 2 (00:45):
Good morning Michael, Sean the main.
Speaker 1 (00:47):
Story this morning. It has been a really it is
a frantic and somewhat unusual twenty four hours in federal politics.
I mentioned it's really a shopping list in the intro there.
We've had Prime Minister Anthony Alberesi sid signing a joint
communicate committing with Papua New Guinea to pursue a mutual
defense treaty. Oppositionally to Susan Lee giving that major economic
(01:10):
speech as I mentioned, and then Treasurer Jim Chalmers saying
the Liberal Party is being run by a quote weird
collection of cookers and crackpots.
Speaker 2 (01:22):
He isn't quite Paul Keening. He's trying. He's trying so
hard he is he is. Prime Ministers Albanzi and James
Marape of pap New Guinea have agreed on the text
of a mutual defense treaty, which will be signed following
cabinet processes in both countries. The thing is they were
(01:44):
supposed to sign it this week. They haven't. They've just
signed a communicate that leads the way to the treaty.
The treaty, theoretically, assuming it's signed off in Papua New
Guinea and Australia, will commit either nation to come to
each other aid in conflict and agrees to settling out
a shared ambition to establish a recruitment pathway for p
(02:06):
ANDG citizens into the Australian Defense Force. It will upgrade
our relationships with PNGNG to an alliance. That's the first
new alliance Australia's had in seventy years. He came as
former US Deputy Secretary of State Kurt Campbell said that
the expected meeting between Anthony Albernezi and Donald Trump in
coming months will be the most consequential meeting between an
(02:27):
Australian Prime Minister and US president in decades. He urged
Albanesi to move beyond narrow bilateral issues such as tariff's
on Australian goods and focus on bigger issues in the Pacific. Meanwhile,
Susan Lee called for more sustainable management of the budget
and argued that Australia is trapped in a post pandemic
mindset of government dependency that's exacerbating in the generational inequity
(02:50):
by driving up debt and threatening to render the welfare
system unsustainable. She was very keen on talking about debt
and the budget yesterday, kind of her safe space given
everything else that's going on in the coalition at the moment.
Speaker 1 (03:03):
Yeah, indeed, that's all the serious stuff, and that is
some really serious stuff. What about the weird collection of
cookers and crackpots though, Sean.
Speaker 2 (03:10):
Let's get to the number this story.
Speaker 1 (03:11):
Well.
Speaker 2 (03:11):
Jim Chalmers was talking about the opposition in relation to
some members of the Conservative Parties wanting to abandon net
zero commitments. He said the worst possible outcome from an
economic point of view and an environmental point of view
would be if Australia walked away from net zero. He
then went on to call the opposition a weird collection
of cookers and crackpots. Later in the day, James Patterson,
(03:33):
the Opposition finance spokesperson, said there is disagreement within the
party room, but not enough to threaten Susan Lee's leadership,
nor enough to not actually commit to some sort of
climate change target. It wasn't actually the only left field
discussion involving charms. Yesterday, Michael he came out in support
(03:53):
of ABC journalist John Lyons, who's a veteran journalist, has
worked at Fairfax, at news Corps and now the ABC
knows what he's doing. John Lyons was rebuked by US
President Donald Trump for asking whether it was appropriate that
he Trump maintained business interests while in office. The US
President said lyons questions were damaging to the Australia US
(04:15):
relationship and that he would raise them with Prime Minister
Anthony Alberzi when the pair are expected to meet later
in the month. I quote in my opinion that you
are hurting Australia very much right now, and they want
to get along with me. Your leader is coming over
to see me very soon. I'm going to tell him
about you. You set a very bad tone. End quote.
(04:35):
Charms came out in support of Lions. He basically said
he's just doing his job, but it was kind of
entertaining to see John Lyons being told off by Donald
Trump and he's going to go to his mum or
dad in this case, Anthony Abernezi and tell on him.
Speaker 1 (04:50):
Ah, that's I mean, you can't. You just can't do that.
You cannot threaten a member of the media like that.
And I know that the first rule of journalism as well, Shawn,
as not to insert yourself into the story. But as
a journalist, when John Lyons, when this is happening, wouldn't
he just be going, Oh, this is a cracker of
(05:10):
a story now, right.
Speaker 2 (05:12):
I mean, and John is a great journalist. He's not
someone that's just come along lately. He has, but he's
been John. I apologize if I'm getting it wrong. Thirty
five forty years A journalist is an ed of tapers.
Speaker 1 (05:28):
Yep, yeah, yeah, he's been at the OS and everything.
As well, so it's kind of he's worked on both
sides really of the.
Speaker 2 (05:36):
Of the Sure what you mean by that, Michael go on.
Speaker 1 (05:38):
I'm sorry, I'm sorry, I'm casting its versions here against
different media organizations. Let's move on quickly, shall we. Sean
The Reserve Bank has almost sort of kind of declared
victory in the war on inflation, with the central bank's
chief economists saying the organization is close to achieving its
dual goals of a strong jobs market and stable prices.
Speaker 2 (06:00):
I quote Sarah Hunter, the chief economist at the Reserve Bank,
we think, we hope that we're pretty close to getting
inflation back at target. It's almost there. With inflation now falling,
the Reserve Bank is lowered the cash rate three times
to three point six percent. Financial markets reckon there'll be
one or two more moves by the middle of next year.
In terms of the unemployment rate, it's at four point
(06:21):
two percent. Hunter said the jobs market was and I
quote pretty close to full employment. Quote, and that's despite
isolated areas of excessive strength, including construction markets in Brisbane
and Perth. Hunter also said that after several years of
financial stress caused by high inflation and rising interest rates,
the average household was past the worst of the cost
(06:43):
of living pain. She said she expects inflation and the
jobs market to stay roughly where they are now. Michael,
some good economic US marketing, the calendar doesn't happen very much.
Speaker 1 (06:53):
It's very exciting all right now checking local markets. Yesterday,
the S and PA s X two hundred closed lower.
It was way down by mining, retail and real estate stocks.
Traders were really waiting for the US interest rate decision,
which is due very soon. Based on our recording time.
We record obviously quite early in the morning. But Sean,
(07:13):
the big story happened well after the ASX actually closed
yesterday afternoon. It happened late last night where the Abu
Dhabi national oil company ADNOCK walked away from its thirty
six billion dollar takeover bid for Santos, which is Australia's
second biggest oil and gas producer. We've talked a lot
(07:34):
about this over the last few months. This was a
very big proposal. This Adnox Foreign Investment XRG was leading
the bidding consortium here and it said in a statement
last night that it had found factors during its due
diligence work on Santos that had reduced its assessment of
Santos's value. They issued this statement just two days before
(07:57):
the deadline for a binding deal to be signed, and
XRG said it was withdrawing its indicative bid and would
not proceed to a binding offer. That has just come
completely out of the blue. It seems all right, we've
still got a lot to cover, Sean.
Speaker 2 (08:15):
We'll take a quick.
Speaker 1 (08:15):
Break back in a moment with the rest of the
day's business news. Sean BHP will cut seven hundred and
fifty jobs in its coal business Mothball and Mine, and
may shutter skills and Training academy as part of a
cost cutting drive. The decision was called un Australian by
(08:38):
the Queensland government, where many of the jobs are going
to be lost.
Speaker 2 (08:42):
HP blamed week coal prices and Queensland's high royalty rates
for the job cuts, which will be a mix of
white collar roles in the Brisbane office and operational roles
at this soon to be mothballed Seraji South mine in
the state's Bowen Basin coal region. The Big Australian also
said it's considering shutting the Future You Fit Academy in
Mackay that trains newcomers, particularly women, to join the industry.
(09:05):
Queensland Deputy Premier Jared Blaye said that BHP was un Australian.
The Big Australian is un Australian and it should keep
investing the future of young people who want a job
in a mine. B HP cole as At President Adam
Lancy said the Queensland division paid eight times more in
royalties last year than it made in profits.
Speaker 1 (09:27):
One from New South Wales now sean where the state
government wants to supercharge planning approvals in the state and
have given local councils really an ultimatum make a decision
on minor home renovation applications or they'll just be ticked
off automatically.
Speaker 2 (09:43):
I reckon, I'm going to get my front fence finally approved. Sophie.
Speaker 1 (09:50):
You've been hanging out for this to come through, and finally, finally,
it doesn't matter what you what your neighbors say, it's
going to happen.
Speaker 2 (09:56):
It's going to happen. Premier Chrismins announced the planning all
changes yesterday to speed up approvals. The idea is to
increase housing supply. Ultimately, While it should win opposition support.
In New South Wales, he is taking on many, many
local councils. New South Wales is pursuing greater urban density
to achieve its three hundred and seventy seven thousand share
(10:17):
of the national target to build one point two million
homes over the next five years.
Speaker 1 (10:21):
How tall is this fence that you want to builds
like sixteen foot tall? It's the Almer compound.
Speaker 2 (10:28):
Think about it these it's not even I mean it's
an unobtrusive fence and no one would complain about it.
But it's such a process to go through a council.
Speaker 1 (10:37):
It's so hard to get a drawbridge approved these days. Anyway, Sean,
the day has moving on from planning approvals. The day
has finally arrived. Virgin Australia has started welcoming dogs and
cats on board flights between Melbourne and the Gold Coast.
Speaker 2 (10:57):
I remember what a big fan you are of this story.
Speaker 1 (11:00):
Trying to keep my distaste out of my voice.
Speaker 2 (11:03):
Yes, the pets will have to weigh less than eight kilograms,
and that includes the pet carrier that they're in that
will sit under the seat in front. Four pets each flight,
maximum all in rows nineteen or twenty introductory fares on
sale one hundred and forty nine dollars a pet, and
the airline says it has received overwhelmingly positive feedback. It also,
(11:27):
for some reason, went onto great lengths to explain emissions
as in animal emissions. Can I quote Our aircraft are
fitted with ADVANCEDGPA, which is high efficiency particular air GPA
filtration systems which capture more than ninety nine percent of
airborne particles, including pet dander. That was Virgins chief marketing officer.
(11:54):
She went on to say cabin airflow dynamics are such
that air circulates from top to bottom and the cabin
air is renewed twenty to thirty times per hour, which
greatly reduces the risk of airborne allergen transfer. In fact,
the marketing officer said circulation was two to three times
more than a typical office environment. That isn't reason to
allow dogs and cats on planes.
Speaker 1 (12:13):
A Michael, No, No, so far, I'm not seeing the
compelling argument for this one, Sean. Okay, Sean, turning to
international news, Now, this is a really serious story. Climate
change is fueled soaring summer temperatures and killed and estimated
sixteen and a half thousand people in European cities this summer,
pushing overall heat deaths to more than three times what
(12:36):
might otherwise have occurred.
Speaker 2 (12:38):
A new study out of Imperial College in London presents
an early glimpse at the effects of Europe's fourth warmest
summer on record, in which a series of heat waves
hit countries from Italy to Germany and France. According to Bloomberg,
immaculately timed, there's a heat wave actually in France, sort
of across that Italy, Croatia red right now. In fact,
(13:01):
temperatures reached up to forty six degrees in Spain and
Portugal and led to the deaths of several outdoor workers
in Italy and Spain. Research is focused on eight hundred
and fifty four urban areas, finding that temperatures were as
much as three point six degrees higher from June through
August due to climate change. More than sixty thousand people
were likely killed by extreme heat in Europe in the
(13:24):
summer of twenty twenty two, that was the hottest year
more than forty seven thousand people in twenty twenty three.
That's according to other studies, Europe is the world's fastest
warming continent and the Mediterranean is he hotspot for climate change.
This latest research suggests that things are not improving.
Speaker 1 (13:42):
Finally, Shawn, US President Donald Trump arrived in the UK
overnight for a second visit since being re elected, and
one expected to be full of pageantry.
Speaker 2 (13:51):
Indeed, President Trump was due to meet King Charles in
Windsor Castle overnight. On arrival in London, he said, it's
going to be a big day. The visit will see
a crowded mix of royal pageantry, trade talks and international politics.
The red carpet is being rolled out, the carriage processions,
military parades, the red areas, and a state banquet. They
(14:13):
are putting all effort into impressing Donald Trump.
Speaker 1 (14:18):
Yeah, would appear that's the case, Sean. Now up next
is Fear and Greed Q And a our guest today
is Josh Gilbert from Me Toro. And the reason we're
talking to Josh is because of Oracle. And we talked
last week, you and I did, at least about Larry Ellison,
the co founder of Oracle, briefly becoming the world's richest person,
(14:41):
and then Elon Musk kind of jumped back up to
the top of the list. And it was because Oracle's
share price surged. I think it was something like forty
three percent in one day. Now. Oracle has been around
for decades, but clearly it is booming at the moment.
So we're talking to Josh today about why why it
is booming, how far it can go, it can sustain
(15:01):
where it's at at the moment. It is just a
great insight into a company that you know is there.
But really, if someone came up to you and said, hey,
tell me the story of Oracle, I reckon, you'd probably
be hard pressed, right.
Speaker 2 (15:12):
Yeah, yeah, yeah. And the interesting about Oracle is that
it has come off a bit since that boom last week,
and so Elon Musk is once again well and truly
the world's richest person. But briefly Larry Elson got there.
Speaker 1 (15:23):
Anyway. That is up next in the Fear and Greed
playlist on your podcast platform or at Fearandgreed dot com
dot au. Thank you very much, Sean, Thank you, Michael.
It is Thursday, the eighteenth of September twenty twenty five.
Make sure you're following the podcast and please join us
online on LinkedIn, Instagram, x TikTok and Facebook. I'm Michael Thompson,
and that was fear and greed ambigrat Day
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.