Far-right lawmaker Geert Wilders pulled his Freedom Party out of the Netherlands’ ruling coalition, collapsing the government and likely triggering a snap election. The four-party coalition, led by Wilders’ Freedom Party lasted about a year. Wilders left over the refusal of his three coalition partners to agree to his plans to curb migration, which included closing the border to asylum seekers, temporarily halting family reunification and returning asylum seekers to Syria. On the economic front, President Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said. The Paris-based organization slashed its global forecasts for the second time this year, citing the impact of the American president’s tariff onslaught. The combination of trade barriers and uncertainty are hitting confidence and holding back investment, it said, while also warning that protectionism is adding to inflationary pressures.
Today’s guests: Janet Henry, HSBC Global Chief Economist, Tiina Lee, Citi UK CEO, Alvaro Santos Pereira, OECD Chief Economist
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse With Francine Lacqua
00:00:51 – Trump, XI Likely to Speak This Week
00:04:38 – Trump’s Dealmaking Style Won’t Sway Xi, Ex-White House Aide Says
00:05:54 – Janet Henry, HSBC Chief Global Economist
00:12:44 – TSMC Sees 2025 Profit at Record
00:17:03 – Bill Winters on Banking Regulation
00:22:54 – Microsoft Cuts 300 More Jobs After Firing 6,000 Last Month
00:26:21 – Dutch Government Falls After Far-Right Party Quits Coalition
00:30:16 – Tiina Lee, Citi UK CEO
00:37:46 – Russia, Ukraine Agree on Prisoner Swap
00:39:21 – South Korea Holds Presidential Election
00:43:04 – Trump Tariffs Are Hurting US and Global Economy, OECD Warns
00:46:04 – Alvaro Santos Pereira, OECD Chief Economist
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