The Big View

By strangling the waterway, Iran retaliated against the US and eased some financial sanctions. In this episode of The Big View Edward Fishman, senior fellow of the Council on Foreign Relations, tells Peter Thal Larsen how American economic weapons have been turned against it. The Big View, March 2025: Why financial warfare could backfire on the US Edward Fishman: Iran is Using America’s Playbook A...

Online extortion has exploded into a multibillion-dollar global industry. On this episode of The Big View, Peter Thal Larsen talks to Anja Shortland of King’s College London about its rapid growth, fresh threats from AI, and the blurry line between cyber crime and cyber warfare. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also v...

The ChatGPT creator has 900 mln users and an $840 bln valuation, yet its financial future is unsure. On this episode of The Big View, Peter Thal Larsen and tech analyst Benedict Evans discuss why scale does not guarantee profit, and how previous breakthroughs captured value. How will OpenAI compete? OpenAI announcement Breakingviews: What happens if OpenAI or Anthropic fail? Visit the Thomson Reut...

The Roman denarius and Florentine florin rose and fell with economic and military power. Will the US dollar face the same fate? In this episode of The Big View, Berkeley economist Barry Eichengreen tells Peter Thal Larsen why history suggests the greenback’s prospects are weak. Money Beyond Borders: Global Currencies from Croesus to Crypto The Big View: What could knock King Dollar off its throne...

The year since the US president’s ‘Liberation Day’ tariff war has produced many surprises. In this episode of The Big View, Peter Thal Larsen and IMD Business School’s Simon Evenett discuss why dire forecasts fizzled, how China levies fell to 26%, and why a larger jolt looms. The Supreme Court Rules, Uncertainty by Design Remains – Global Trade Alert Trade Redirection of Chinese Exports During 202...

It’s easy to be glum about a continent grappling with US tariffs, cuts to aid, and climate change. Yet Joe Studwell, author of ‘How Africa Works’, says the conditions for development are in place. In this episode of The Big View, he tells Peter Thal Larsen why he’s optimistic. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also vis...

Prime Minister Sanae Takaichi’s new government can curb excess competition and speed industrial consolidation. On this episode of The Big View, Monex’s Jesper Koll tells Una Galani that borrowing will not rise, while higher interest rates will reshape equity markets. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megapho...

Big Tech is splurging around $700 bln on artificial intelligence investments this year, while others are braced for disruption. In this episode of The Big View, Peter Thal Larsen talks to Andrew Sheets, Morgan Stanley’s head of fixed income research, about what happens next. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit...

Decades of economic cooperation are under threat from political division and military rivalry. In this episode of The Big View, Peter Thal Larsen talks to Eswar Prasad, author of ‘The Doom Loop’, about why integration went into reverse and whether the old system can be salvaged.  The Doom Loop: Why the World Economic Order is Spiraling into Disorder  Davos 2026: Special address by Mark Carney, Pri...

The People’s Republic dominates the supply of materials used in magnets, lasers and other high-tech products. In this episode of The Big View, Peter Thal Larsen talks to Mel Sanderson, a director of American Rare Earths, about how other governments can kick-start production. IEA Global Critical Minerals Outlook 2025 Every mineral is critical in the new metals age Trump admin to take 10% stake in U...

It’s almost 10 months since Donald Trump launched his trade war. In this episode of The Big View, Peter Thal Larsen talks to Mike Musheinesh, CEO of Detroit Axle, about how the auto parts distributor is coping with import uncertainty – and his decision to sue the US government. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also vi...

The US has long been interested in the South American country’s resources. Abducting its president opens a new and turbulent chapter. In this episode of The Big View Peter Thal Larsen talks to Ed Crooks, vice chair of energy research firm Wood Mackenzie, about what happens next. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also v...

Stocks, bonds and commodities absorbed many shocks in 2025. Will they show the same resilience in the year ahead? In this episode of The Big View, Peter Thal Larsen and Anna Szymanski, editor-in-charge of Reuters Open Interest, debate inflation, AI, and the buy-the-dip mindset. ROI: Reuters Open Interest. Morning Bid podcast Andy Home: Every mineral is critical in the new metals age. Ron Bousso: O...

Buyout barons suffered the whiplash of a post-pandemic boom and subsequent liquidity crunch. In this episode of The Big View, Jonathan Guilford talks to Thoma Bravo Managing Partner Seth Boro about how the firm is dealing with the fallout, even as AI once again upends the market. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also...

As Congress cedes power to the White House, US courts are filling some of the void. In this episode of The Big View, Jeffrey Goldfarb talks to Reynolds Holding, the author of ‘Better Judgment’, about the sense of purpose among jurists ruling on corporate and human-rights matters. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also...

The world’s oldest asset is at the heart of political debate and underpins the modern financial system. In this episode of The Big View, Peter Thal Larsen talks to Mike Bird, author of “The Land Trap”, about why property is such an enduring issue – and why it’s so hard to reform. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also...

Obesity treatments made by Novo Nordisk and Eli Lilly have spawned a healthcare revolution, with sales set to hit $150 bln by 2031. In this episode of The Big View, Peter Thal Larsen talks to Breakingviews Associate Editor Aimee Donnellan about their origins – and their impact. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also vi...

It’s a decade since the economist Branko Milanovic showed how China’s rise sparked a political backlash against free trade. In this episode of The Big View podcast, he tells Peter Thal Larsen that Donald Trump, Xi Jinping and Vladimir Putin are more alike than they seem. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit meg...

As disparities of wealth become more extreme, the well-off face mounting pressure to share in their good fortune. In this episode of The Big View podcast John Studzinski, the financier and philanthropist, talks to Peter Thal Larsen about the appeal of sharing income – and time. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also vi...

When UN delegates meet in Brazil to discuss global warming, the mood is likely to be sombre. In this episode of The Big View podcast, Peter Thal Larsen talks to Adair Turner, chair of the Energy Transitions Commission, about the scope for progress in pricing and capturing carbon. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also...

The investment pouring into artificial intelligence evokes comparisons with previous speculative bubbles. In this episode of The Big View, Peter Thal Larsen talks to Edward Chancellor, the author and financial historian, about which warning signs investors should look out for. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also vis...

Bitcoin has been around for over a decade. Now new US rules have pushed digital tokens into the mainstream, forcing central banks and private lenders to react. In this episode of The Big View, Peter Thal Larsen talks to the investor and writer Felix Martin about what’s happening. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also...

Costly natural disasters are more prevalent, while technology allows insurers to pinpoint risks more precisely. In this episode of The Big View podcast Peter Thal Larsen talks to Mario Greco, CEO of Zurich Insurance, about how the $100 bln Swiss group is navigating the landscape. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also...

Western countries hold $300 bln in cash and bonds owned by Moscow’s central bank. EU leaders have endorsed lending them to Kyiv. On this episode of The Big View podcast Reuters Commentator-at-Large Hugo Dixon, an early advocate of the idea, tells Peter Thal Larsen how it works. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also vi...

Donald Trump’s tariffs dent the Japanese carmaker’s largest market and Chinese rivals are expanding as it attempts a turnaround. On this episode of The Big View podcast, CFO Jérémie Papin explains what he’s learned about running a global company while facing multiple challenges. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also v...