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After Liberation Day, the dollar fell by 6%. We would usually expect tariffs to send exchange rates in the other direction. So what happened?
In another episode recorded at the CEPR Annual Symposium in Paris, Giancarlo Corsetti tells Tim Phillips about new research that shows how exchange rates are responding to US tariffs since 2018. When tariffs are expected and retaliation is swift, he argues, then market reactions reflect a repricing of long-run risk, rather than the text-book response we might expect.
Fluent Fiction - Slovenian: Snowy Decisions at Lake Bled: A Friendship Tested Find the full episode transcript, vocabulary words, and more: fluentfiction.com/sl/episode/2026-02-04-08-38-20-sl
Story Transcript:
Sl: Matej in Nina stopata ob jezeru Bled. En: Matej and Nina are walking by Lake Bled.
Sl: Sneži, na tleh škripa pod nogami. En: It's snowing, and the ground crunches beneath their feet.
Sl: Pokrajina je v zimski čarovniji. En: The landscape is wrapped in winter magic.
Plus: Officials continue to search for the mother of a Today Show host, tributes are pouring in after three junior hockey players in Alberta were killed in a crash, the Winter Olympics are fast approaching, and at what point does Alberta Separatism become a threat to national sovereignty? We love feedback at The Big Story, as well as suggestions for future
episodes. You can find us:
Through email at [email protected]
Or @thebigstory.bsky.social on Bluesky
Fluent Fiction - Hungarian: Wine, Books & Authentic Laughter on a Winter's Night Find the full episode transcript, vocabulary words, and more: fluentfiction.com/hu/episode/2026-02-03-23-34-02-hu
Story Transcript:
Hu: A város peremén, a hó finoman esett a háztetőkre, miközben a kandalló melegsége kifelé ívelő füstcsíkokat eregetett. En: On the outskirts of the city, snow gently fell on the rooftops, while the warmth of the fireplace sent wisps of smoke curling outward.
Anti-ICE protestors pressure businesses to “pick a side,” the House looks to vote on reopening the government, and thousands of Americans demand answers as the lights remain off after winter storm Fern. Get the facts first with Morning Wire.
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Ep. 2613
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Wake up with new Morning Wire merch: https://bit.ly/4lIubt3
Épisode spécial : Diversité, Mémoire et Parole Vivante – Kévin Nappey
Derrière chaque voix, chaque histoire, il y a un parcours, un engagement, un espoir.
Dans cet épisode de Mille paroles, une humanité, Kévin Nappey nous invite à explorer la puissance de la parole vivante, l’art du conte et l’engagement pour la diversité.
Entrepreneur, conteur et passeur de mémoire, Kévin place l’humain au centre de toutes ses actions. Il nous raconte comment ses luttes pour l’inclusion, son art oratoire et son travail d’entrepreneur peuvent devenir des outils de tra...
Just in time for Valentine’s Day, I’m joined by folklorist and writer Icy Sedgwick to celebrate the release of her new book Bring Me Love — a deep dive into the strange, beautiful, and sometimes unsettling traditions of love magic.We begin by talking about why it might make the perfect gift for lovers of folklore and the esoteric. From there, our conversation wanders through centuries of romantic divination, courtship rituals, and charm magic, including dumb cakes, St Mark’s Eve rituals, wishing wells, and the curious payments once made to fairies.Icy explains how love charms were passed d...
Fluent Fiction - Afrikaans: Finding His Voice: A Family Reunion Under the Vineyard Sun Find the full episode transcript, vocabulary words, and more: fluentfiction.com/af/episode/2026-02-04-08-38-20-af
Story Transcript:
Af: Die son sak stadig oor die Stellenbosch-platteland. En: The sun slowly sets over the Stellenbosch countryside.
Af: Die lug is blouerig en die wingerde strek so ver as wat die oog kan sien. En: The sky is bluish, and the vineyards stretch as far as the eye can see.
Ricardo Mosner was born in Argentina in 1948. He had his first exhibitions and happenings in the late 60 s and, between 1970 and 1980, he created and played in a large number of group performances with his troupe Teatr’en Poudre.
Ricardo Mosner is a polymorph artist, with a large specter of expression, theatre and music, painting and sculpture, books. He worked with
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