We discuss US defence secretary Pete Hegseth’s congressional hearing and the broader Iran strategy, plus interest rate decisions in Washington and Frankfurt. Then: ‘The Entrepreneurs’ live in Shanghai and ‘The Global Countdown’ with Fernando Augusto Pacheco.

Trump threatens troop withdrawal in Europe
30:21

How healthy is the special relationship? Assessing King Charles III’s speech to Congress
25:35

Will Canada’s sovereign wealth fund bolster its economy in the face of Trump’s tariffs?
34:48