South Africa is at a turning point. Thirty years after Nelson Mandela rose to power on a platform of equality, peace, and prosperity, the party he headed is facing serious challengers. 

In the country’s May 29th election, the African National Congress Party, or ANC, looks poised to lose its outright majority. In today’s episode, host Sarah Holder is joined by Johannesburg-based economic and government affairs reporter Ntando Thukwana to discuss why voters are souring on the ANC – something once unthinkable for the party that lifted the country out of apartheid. 

South Africa is at a turning point. Thirty years after Nelson Mandela rose to power on a platform of equality, peace, and prosperity, the party he headed is facing serious challengers. In the country’s May 29th election, the African National Congress Party, or ANC, looks poised to lose its outright majority. In today’s episode, host Sarah Holder is joined by Johannesburg-based economic and government affairs reporter Ntando Thukwana to discuss why voters are souring on the ANC – something once unthinkable for the party that lifted the country out of apartheid.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Apartheid’s Long Shadow Hangs Over South Africa’s Election

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e2dc9ae2-a9dc-48c3-acb3-b17a015bfdeb/transcript

Have you had the flu recently? Or RSV? Or just … some bug that you can’t quite shake? If so – you’re not alone. Bloomberg’s data team recently decided to investigate whether or not the perception that we’re all getting sick all the time is actually backed up by numbers. And what they found was truly surprising: in countries around the world, people are getting much sicker, much more often in the wake of the pandemic.

On today’s episode, host Sarah Holder and Bloomberg data reporter Jinshan Hong try to solve this global health mystery – including the potential culprits behind the surge in sickness and what we can do to avoid getting ill so often.

Read more: Yes, Everyone Really Is Sick a Lot More Often After Covid

Have you had the flu recently? Or RSV? Or just … some bug that you can’t quite shake? If so – you’re not alone. Bloomberg’s data team recently decided to investigate whether or not the perception that we’re all getting sick all the time is actually backed up by numbers. And what they found was truly surprising: in countries around the world, people are getting much sicker, much more often in the wake of the pandemic.
On today’s episode, host Sarah Holder and Bloomberg data reporter Jinshan Hong try to solve this global health mystery – including the potential culprits behind the surge in sickness and what we can do to avoid getting ill so often.
Read more: <a href="https://www.bloomberg.com/news/features/2024-06-14/why-is-everyone-getting-sick-behind-the-global-rise-in-rsv-flu-measles?srnd=undefined">Yes, Everyone Really Is Sick a Lot More Often After Covid</a>

Why Is Everybody Getting Sick All The Time?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5a78a83d-f8fe-4cef-b74f-b18f01411cdb/transcript

US politicians just can’t seem to stay out of court. New Jersey Senator Bob Menendez is standing trial for charges that sound like a TV crime drama: alleged bribery, hidden gold bars and a secret FBI recording at a Washington steakhouse. But these allegations don’t just impact Menendez’s career–they could hurt Democrats as they fight an uphill battle to hold onto the Senate.

Big Take DC host Saleha Mohsin talks with Bloomberg legal reporter Patricia Hurtado and Congress editor Megan Scully about the trial’s intrigue and how it could harm the Democratic party’s image.

US politicians just can’t seem to stay out of court. New Jersey Senator Bob Menendez is standing trial for charges that sound like a TV crime drama: alleged bribery, hidden gold bars and a secret FBI recording at a Washington steakhouse. But these allegations don’t just impact Menendez’s career–they could hurt Democrats as they fight an uphill battle to hold onto the Senate.
Big Take DC host Saleha Mohsin talks with Bloomberg legal reporter Patricia Hurtado and Congress editor Megan Scully about the trial’s intrigue and how it could harm the Democratic party’s image.

Gold Bars, a Secret Recording and a Senate Seat Up for Grabs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/180e9a31-de82-4a49-a749-b18e01122d98/transcript

For over a decade, America’s central bank has had an inflation target of 2%. On Wednesday, the Federal Reserve announced that it would keep its main interest rate unchanged in order to try and get inflation to that magic number. But what if the Fed is thinking about inflation all wrong?

On today’s episode, host David Gura talks to Bloomberg’s Managing Editor for US economic policy Kate Davidson about the reasons the Fed introduced an inflation target in the first place, and Bloomberg Opinion columnist Mohamed El-Erian about the risks if the Fed is wrong about this – and who could be hurt the most.

For over a decade, America’s central bank has had an inflation target of 2%. On Wednesday, the Federal Reserve announced that it would keep its main interest rate unchanged in order to try and get inflation to that magic number. But what if the Fed is thinking about inflation all wrong?
On today’s episode, host David Gura talks to Bloomberg’s Managing Editor for US economic policy Kate Davidson about the reasons the Fed introduced an inflation target in the first place, and Bloomberg Opinion columnist Mohamed El-Erian about the risks if the Fed is wrong about this – and who could be hurt the most.

Is the Fed Thinking About Inflation All Wrong?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e865cf79-5d77-4ac4-bde3-b18d01668a1c/transcript

Apartheid’s Long Shadow Hangs Over South Africa’s Election

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