Live from MPR News in Washington, I'm Jial Snyder, Treasury Secretary Scott B...
in Asheville, North Carolina, hosting G-20 Finance ministers.
“As the Trump administration seeks to pressure other countries to help isolate Iran's”
economy. Here's in pure assembly fact. There's been one big success so far, and that's the United Arab Emirates. It was a big trade hub for Iran, but the UAE said it was cutting off trade tights with Iran earlier this month.
The bigger source of oil revenue for Iran has been from China, and China is where a lot of these front companies, which help Iran with money around are also based, through just two dozen of them sanctioned by the US Treasury, last week, and sanctions exports I've spoken to agree that the US needs China to police this activity itself for it to be successful.
But the problem is, China has fully rejected the US's new economic pressure campaign last
week. And he's president Xi Jinping is in care to stand for a summit of the Shanghai Cooperation Organization, Russian leader Vladimir Putin is there, and he's scheduled to meet with
“Iran's president on the sidelines later today.”
Vice President J.D. Vance's there is, and his word, "something evil" about Michigan's Democratic Senate nominee. Vance spoke during a campaign style event in Metro Detroit, Monday, put on by President Trump's super PAC, Michigan Public Radio's Colin Jackson reports. Vance's comments, comments, Republicans frame Democratic nominee Abdul Elsaid as to extreme
for supporting measures, such as Medicare for All, and abolishing immigration and customs enforcement. Vance accused him of being too divisive. This guy is a gold mine of content, but unfortunately it's a gold mine of content of him fighting against the interests of the people in this room, and fighting for the most
terrible ideas and terrible policies, and the craziest ideas out there. Elsaid says evil is taking away healthcare while starting trade wars and actual wars, and, quote, dividing people for your own gain. Vance did not discuss the war with Iran or tensions with Canada. For NPR News, I'm Colin Jackson, and shall be Township, Michigan.
The first tropical storm system that taxes this year on track to make landfalls sometime
this afternoon, Houston Public Radio's Andrew Schneider reports on tropical storm at war. Texas Governor Greg Abbott warned that Harris County, which surrounds Houston, should take the brunt of the rain and flooding from the storm. Because of rapidly rising waters, especially in Harris County, we've seen too often vehicles being swept away.
“It's so incredibly important for anybody in any region of the state, but especially in”
Harris County, to avoid driving in to what appears to be waters on the roadway. It warned that this will also be a windstorm. He said people need to be careful to avoid doing anything that could cause a spark that the storm could fan into a wildfire, given previously dry conditions. I'm Andrew Schneider in Houston, and you're listening to NPR News.
Officials at Arizona's Grand Canyon National Park say one person remains unaccounted for following flash flooding over the weekend. Park Service officials said Monday that the bodies of two flood victims have been recovered in that search and recovery operations are ongoing about 80 people were rescued during the flooding.
Amazon faces a new federal lawsuit over the company's advertising prices.
It's a third suit brought by the Federal Trade Commission this time, focusing on how the
tech company has treated brands and sellers who pay for the ads and peers Alina Cellio reports. Federal Trade Commission in 22 states are suing Amazon they alleged that the company made tens of billions of dollars over seven years by misleading brands and sellers. The lawsuit argues Amazon quote, "secretly and systemically overcharged advertisers."
And note that Amazon is among NPR's financial supporters. Specifically the FTC focuses on the special options that Amazon uses to set advertising prices for what chopper sees as sponsored listings. The FTC alleges that Amazon manipulated the bidding to push up the prices. Amazon in response says the lawsuit fundamentally misrepresents how its advertising works and
says its platform has, in fact, saved advertisers billions of dollars. Alina Cellio and PR News Washington. The online prediction market company, Cal, she says it is permanently banned former New York Congressman George Santos. Cal, she said Monday that Santos likely engaged in insider trading when he made a more
than $17,000 profit on a bet against his attendance at the state of the Union address. Cal, she says it's a company's first-ever permanent band. This is NPR News. This season on Planet Money Summer School, we have drilled for oil in Norway, we have smuggled products in North Korea, and now we make it to our seventh continent, Antarctica.
That's right, big for me. Mr. Penguin, speak to me. I have another sound of Antarctica, that's a reporter trying to interview a penguin. We'll explain on Planet Money Summer School. Listen on the NPR app or wherever you get your podcasts.
