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7 March 2025
President Trump's erratic approach to running the country may need finessing, as evidenced this week by the trade war he started, and just as abruptly ended, and by a confrontation with his Cabinet and Elon Musk.
Join guest moderator Franklin Foer, Dan Balz of The Washington Post, Eugene Daniels of MSNBC, Michelle Price of the Associated Press and Kayla Tausche of CNN to discuss this and more.
7 March 2025
This week, the US tightened the screws on Ukraine, pausing military aid until Kyiv shows more willingness to negotiate—starting with handing over half its rare earth resources to America. Moscow welcomed the shift, calling it “aligned with the Kremlin’s vision,” while Ukraine scrambled to smooth things over with a letter to Trump.
Trump also kicked off the biggest protectionist move since 1930, slapping heavy tariffs on Canada, Mexico, and China. Markets tanked, and The Wall Street Journal called it “the dumbest tariff war in history.”
By week’s end, signs of a rollback emerged, and Justin Trudeau hit back with his own “Dear Donald” letter. In Turkey, a major breakthrough: the PKK declared a ceasefire after its jailed leader called for disarmament, signaling an end to a four-decade conflict that claimed over 40,000 lives.
A rare good news story—one that could also extend Erdogan’s rule.
8 March 2025
Coinbase CEO Brian Armstrong joined Yahoo Finance Senior Reporter Jennifer Schonberger after attending the first-ever White House crypto summit.
He praised the administration's efforts saying, "President Trump really breathed life back into this industry over the last few years. We really felt like we were being unlawfully attacked by the prior administration...
The president has taken a leadership role here and decided to bring it back to the US, and it's already having positive results."
7 March 2025
Over two years in the making and with the FIA striving to expand the grid, there is now final confirmation of the Cadillac F1 team’s admission to Formula 1 from 2026. The FIA’s approval of the Cadillac F1 team, and Formula 1’s agreement of commercial terms with the team, means that an F1’s 11th team will be on the FIA Formula One World Championship grid in 2026. This marks a new era for the sport and the first time in a decade that the grid will feature 22 cars or more. Celebrating the realisation of the vision to expand the Formula 1 grid that he he first announced more than two years ago, FIA President Mohammed Ben Sulayem said: “Today marks a transformative moment, and I am proud to lead the Federation in this progressive step for the championship. The FIA Formula One Championship's expansion to an 11th team in 2026 is a milestone. GM/Cadillac brings fresh energy, aligning with the new FIA 2026 regulations and ushering in an exciting era for the sport. “GM/Cadillac's presence in the paddock will inspire future competitors and fans. Their entry strengthens our mission to push motorsport’s boundaries at the highest level.”
8 March 2025
Apollo President Jim Zelter and Schonfeld CEO Ryan Tolkin talk to Sonali Basak about the impact of tariffs on investors and markets at Bloomberg Invest in New York.
7 March 2025
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7 March 2925
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond.
No other program better positions investors and executives for the trading day.
Junior Programme Class of 2025: Junior Programme Announced 
The Mercedes-AMG PETRONAS Formula One Team is delighted to announce its Junior Programme line-up for 2025. This year, the programme expands to include twelve talented young drivers, competing across various categories from karting to FIA Formula 3. Our official 2025 Junior Programme drivers are:
"We have allowed ourselves to explore new championships and challenges this year, welcoming six new members from go karting all the way up to FIA Formula 3. Some of our junior drivers are ready to fight for their respective championships, some are just starting their journey in single seaters, some are at the end of their karting careers and others are at the beginning. At all levels we have some exciting talents and a busy season ahead." George Russell said: "The Junior Programme has been such a big part of my life. I think the one thing I'm most grateful for is the support that everyone in the team gave me to help me perform. They didn't just drop me in situations and pile on the pressure; for all 12 of the current junior drivers, I know they will have the very best support and structure to help them on their motorsport journey. With Kimi and I, both Junior Programme graduates, racing in F1 for the team this year, it shows what is possible. I am sure every one of the juniors will be giving it their all this year and I look forward to seeing their success on track." Kimi Antonelli added: "The Junior Programme helped me develop so much, not only as a driver but also as a person. I'm so grateful to the team for the opportunity and the support as without it, I don't think I would be sat here as a works Mercedes driver in F1. It's great to see the programme going from strength-to-strength and I look forward to playing my part in helping all 12 drivers on their motorsport journey." Noah Strømsted A rare breed in modern motorsport, 17-year-old Noah came into single-seater racing with no previous karting experience. His talent was immediately obvious though and, following a testing programme, he finished as runner-up in the 2021 Danish F4 Championship. After gaining experience in further European F4 series, the Dane competed in the Formula Regional European Championship in 2024. Noah claimed one pole and four podiums, finishing sixth overall and becoming rookie champion. For 2025, he steps up to the FIA Formula 3 Championship with Trident. Noah said: "It feels really good to join the programme. My goal this season is to obviously learn a lot, but hopefully also fight for wins and potentially the championship. There will be lots of new tracks for me to drive this year, so I will have to adapt quickly." Doriane Pin One of the foremost female racing talents, Doriane is set for an F1 Academy title challenge in 2025, along with competing in the Formula Regional European Championship. The Frenchwoman progressed through karting and initially made her way in the world of sportcars, winning in the European Le Mans Series and competing in the World Endurance Championship. 2024 marked her first full season in single-seaters, where she scored three wins and five podiums en route to the runners-up spot in F1 Academy. In 2025, the 21-year-old is looking to go one better. Doriane said: "I'm really excited for the new season. I have been working hard to prepare this one. I'm determined to give it everything I've got and to push myself even further than before. I have one goal in mind and that is winning the title at the end of the year." Rashid Al Dhaheri Emirati driver Rashid joins the Junior Programme for 2025. The 16-year-old will compete in the Formula Regional European Championship with Prema Racing. Rashid's motorsport journey began at the age of three, and he quickly rose through the ranks, winning the WSK Super Master Series and the South Garda Winter Cup in the 60 Mini category. In 2023, he made his single-seater debut with Prema Racing in the Italian F4 Championship, finishing 10th overall and taking P3 at Macau. Rashid continued to impress in 2024, competing in the Formula 4 UAE Championship and the Euro 4 Championship. Rashid said: "I'm very proud to be joining the Mercedes-AMG F1 Team's Junior Programme, which has been so strong in recent years. "Formula Regional this year will be a new experience, new tracks, with a new car, so there's a lot of learning to do. My biggest goal is to always give 100% and to keep developing. I'm still at an early point in my career and we never stop learning." Yuanpu Cui Hailing from Xi'an, China, Yuanpu steps up to the GB3 Championship for Argenti with Prema in 2025. The 17-year-old completed his first season in single-seaters in 2024, claiming one win and one further podium in the competitive British F4 Championship. Yuanpu joined the team's Junior Programme in 2021, having impressed in European karting. That year, he won the ROK Cup Super-Final before showing strongly in the OK category ahead of his graduation to circuit racing. Yuanpu said: "I'm so excited to be able to carry on as a member of the Mercedes-AMG F1 Team Junior Programme. It's been a pleasure being on this journey so far. I'm very looking forward to a lot of exciting, historic tracks this year. Let's see what the season brings!" Alex Powell Jamaican-American Alex will once again take part in the Italian F4 Championship in 2025, along with competing in his sophomore season in Euro 4. Alex joined the team's Junior Programme in 2019 and enjoyed notable success in karting in the following years. Highlights include winning the 'Champions of the Future' series, finishing P2 in the FIA KZ2 World Cup and P3 in the FIA Karting European Championship. Alex stepped up to single-seaters in 2024, claiming the rookie title in Italian F4 and race wins in F4 Middle East and Euro 4. To start 2025, Alex finished as runner-up in F4 Middle East with five wins and four further podiums. Alex said: "It is great to be part of the Junior Programme for another year. To have all the support and backing from the team is great and I am really truly grateful for that. "I am excited for the year ahead and confident it is going to be another good season. There is a lot of work to do, but I am ready for the challenge." Ethan Jeff-Hall British racer Ethan is another new incumbent of the Junior Programme in 2025. The 16-year-old will be making his debut in single-seaters this year, competing in the British F4 Championship with Argenti Motorsport. Ethan enjoyed a stellar karting career, winning the 2022 Rotax Max European Junior Championship and the British Open 'O Plate' Junior Championship. He then became the youngest winner of the Rotax Max Challenge International Trophy in 2023 and won it again the following year. 2024 also marked a milestone moment as Ethan went onto secure the FIA World Karting Championship title in the OK category. Alongside his karting, Ethan also moved into car racing and claimed the Ginetta Junior Championship in his rookie season. Ethan said: "Being a part of a Formula One team junior programme is something you dream of as a kid, so I am super delighted to be joining Mercedes. "My focus is on doing as well as I possibly can this year in British F4. Hopefully that will give me a good foundation to progress from." Andy Consani 15-year-old Frenchman Andy joins the Junior Programme for 2025, making his debut in single-seaters by competing in the French F4 Championship. Motorsport very much runs in Andy's blood, with various family members involved in the industry, so it is no surprise that his first laps in a go-kart came at the age of four. Since starting to race on the international karting scene in 2021, Andy has achieved top 10 finishes in the 32° Andrea Margutti Trophy (60 Mini), FIA Karting World Championship (OK Junior) and in 2024 was top 20 in the FIA Karting European Championship (OK). Andy said: "It is so exciting to be part of the Mercedes family and part of the team's Junior Programme. Wearing the colours of the Silver Arrows for this 2025 season in French F4 will be really cool. I am really looking forward to it and can't wait to get started." Luna Fluxa Spaniard Luna continues in karting for 2025, having last year become the first woman to win an FIA-sanctioned international karting championship since 1966 when she won the Champions of the Future series in OK-Senior. Luna began racing in 2017 and rose through the ranks quickly, joining the team's Junior Programme in 2022. Last year, alongside her Champions of the Future success, Luna showed strongly in both the FIA European and World Championships, received F1 Academy's Rising Star Award, and was chosen to be part of the famed Iron Dames initiative. Luna said: "Having the support of the Mercedes-AMG F1 Team Junior Programme has impacted my career so much. It's been a great journey so far and I am excited for it to continue. My objectives for this year are to finish top 10 and be consistent. Icannot wait to get going." Kenzo Craigie British racer Kenzo starred in 2024, becoming OK-Junior World Champion, claiming the IAME World Final X30 trophy, and was P3 in the Champions of the Future Euro Series. It was a breakout year for the 14-year-old who, for 2025, steps up to race in the OK-Senior category. Kenzo's ascent up the karting ranks has been rapid, dominating national karting in 2021 before making the step up to European and World levels in 2022 en route to his dominant season last year. Kenzo said: "Last year was a good season for me, and moving up a category this year will give me a great chance to learn. I am aiming to recreate the results from 2024, and I am looking forward to racing on some new tracks in 2025." James Anagnostiadis Hailing from Melbourne, Australia, James joined the team's Junior Programme midway through 2024. He immediately showed why he is so highly rated, finishing as vice-champion in the OK-Junior category at the FIA Karting World Championships and taking the title in the same category in the Champions of the Future Academy series. For 2025, he steps up to the OK-Senior category. James made the move to European karting having dominated in his native Australia, winning eight state titles and several national crowns. James said: "I am excited to be in a new category this year. There is always a lot to learn but it feels good to have a new challenge and a fresh start. I am aiming for podiums and hoping to place high up at the World Championship again. I am focused on improving and see where I get." Julia Montlaur Julia is another new addition to the Junior Programme in 2025. The 12-year-old makes the move up to the OK Junior category this year, racing in the Champions of the Future Academy Program and the FFSA Academy in France. Julia began karting at the age of eight and has been racing in national series since then. This year marks her graduation into European racing. Julia said: "It is an incredible feeling to be joining the Mercedes-AMG F1 Team Junior Programme this year. I am looking forward to finding the limits of my performance this year and continuing to learn." Many Nuvolini Italian Many Nuvolini also joins the Junior Programme this year having shown promise in his early karting career. He will compete in the OK-Junior category in 2025, aiming to continue his upward trajectory. Many began karting at the age of six and has since competed in numerous national and international championships. He has achieved several notable results, including podium finishes in the WSK series and the Italian Karting Championship. Many said: "I am really happy to be joining the Mercedes-AMG F1 Team Junior Programme. It is one of the best programmes to be on as a young driver so I am excited for what is ahead. I want to keep improving this year and hopefully I can win a championship." About the Mercedes-AMG PETRONAS F1 Team Mercedes was born to race - and we've been doing it since 1901. Today, the Mercedes-AMG PETRONAS F1 Team competes at the pinnacle of motorsport: the FIA Formula One World Championship. The pioneering spirit of our company founders lives on in our commitment to innovation and performance. As the world's original automobile manufacturer, Mercedes-Benz has defined the cutting edge of technology for over a century. Today, our F1 team exists to demonstrate the best of the brand's performance on the global stage. Based in Brackley and Brixworth, UK, over 2,000 committed team members work with a singular mission: to win the world championship. From 2014 to 2021, we secured a record eight consecutive Constructors' Championships, and we are hungry for more. Our journey is not just about performance on the track; we also strive to make a positive impact on the world and inspire future generations. We are proud signatories of the Climate Pledge, and we are leading the way in building a more sustainable and inclusive sport. | ||||||||
