Waiting on a Wish
Friday, April 18th, 2025
World Events - Trump Says He is Reluctant To Keep Raising Tariff on China
Bloomberg
President Donald Trump expressed reluctance to further escalate tariffs on China, acknowledging that excessive levies could deter trade, while maintaining that Beijing had initiated outreach for negotiations through top officials he considers representative of Chinese leader Xi Jinping. Despite current reciprocal tariffs reaching 145% on Chinese imports and 125% on U.S. goods, Trump suggested openness to reducing rates, stating, “I may want to go to less because, you know, you want people to buy,” and linked progress to a potential TikTok deal contingent on China’s cooperation. Both nations remain entrenched, with China demanding reciprocal respect and clarity on U.S. demands, as Trump anticipates a resolution within weeks.
Tech - Uber in Discussion to Acquire Turkish Delivery App
Bloomberg
Uber Technologies is in discussions to acquire Trendyol Go, a Turkish food and grocery delivery platform operated by Alibaba-backed Trendyol Group, as part of its strategy to expand its delivery business through acquisitions, though terms remain undisclosed and a final agreement has not yet been reached. The talks follow Uber's recent termination of a $250 million deal for Delivery Hero’s Foodpanda in Taiwan due to regulatory hurdles, highlighting its ongoing efforts to strengthen its presence in competitive markets despite challenges. Trendyol Go, which offers rapid delivery of restaurant meals and local market goods, operates under one of Turkey’s largest e-commerce ecosystems, combining retail, logistics, and fintech services.
Economics — How Would a Dollar Crisis Unfold
The Economists
A dollar crisis could unfold through a self-reinforcing cycle of investor flight from U.S. assets, driven by Trump’s reckless trade policies, fiscal irresponsibility, and political dysfunction, leading to a sharp depreciation of the dollar and surging Treasury yields that expose America’s debt vulnerabilities. As foreign investors—spooked by erratic tariffs, unsustainable deficits, and governance risks—dump Treasuries, the U.S. faces spiraling borrowing costs and potential liquidity crunches, forcing the Federal Reserve into a fraught choice between stabilizing markets through asset purchases (risking perceptions of debt monetization) or allowing a financial contagion that could destabilize global trade and trigger defaults. This erosion of confidence risks upending the dollar’s reserve currency status, with no viable alternative to anchor the global financial system, amplifying economic chaos as markets scramble for safety in an environment devoid of trusted assets.
Health - Fuelling Your Body For Marathon Training
To fuel your body best during marathon training, consume 19-30 calories per pound of bodyweight daily, consisting of 55-60% carbohydrates, 20% fat, and 20-25% protein, adjusting intake based on activity level. Increase carb intake to 5-8 grams per kilogram of bodyweight daily and practice carb-loading six weeks before the race, increasing to 70% of total calories three days before. Avoid sugary drinks, fried and processed foods, and ensure easy-to-digest carbs are consumed on race day morning, such as smoothies or toast with jam. During the marathon, aim for 30-60 grams of simple carbohydrates per hour from sports drinks, gels, or bananas, and hydrate regularly. Post-race, replenish with 200-300 calories of easily digestible carbs and protein immediately, followed by continued carb consumption for glycogen replenishment and consider using protein powder supplements to aid muscle recovery.
Recipe - Overnight Oats
A healthy breakfast with lots of variations!
Song Rec - Waiting on a Wish (Snow White)
Quote of the Day
"Even miracles take a little time." - Fairy Godmother, Cinderella