NPR News: 05-08-2025 10AM EDT

Summary

NPR News Now: May 8, 2025, 10 AM EDT

NPR’s latest news update brings a comprehensive overview of significant global and national events shaping our world today. From groundbreaking trade agreements and pivotal international summits to crucial developments within the Catholic Church and key appointments in the U.S. administration, here is a detailed summary of the episode released on May 8, 2025.

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U.S. and U.K. Forge New Trade Agreement Amid Market Optimism

The episode opens with Korva Coleman reporting from Washington, highlighting a positive shift in stock markets as the Dow Jones Industrial Average surged by approximately 200 points in early trading. This uptick coincided with President Donald Trump announcing a new trade pact with the United Kingdom, marking the first such agreement under his administration since the implementation of nationwide tariffs just over a month prior.

Scott Horsley provides an in-depth analysis, noting that the U.K. represents a relatively balanced trading partner for the U.S., with exports like crude oil slightly surpassing imports, which include commodities such as scotch and gin. The Bank of England responded to the evolving economic landscape by cutting its benchmark interest rate by a quarter percentage point, a decision made a day after the U.S. Federal Reserve opted to maintain steady interest rates. Both central banks expressed concerns over the economic uncertainties introduced by Trump's trade policies.

The agreement has not been without controversy. President Trump took to social media to criticize Federal Reserve Chairman Jerome Powell, declaring him "a fool for not moving more quickly to lower borrowing costs" ([00:30]). This exchange underscores the tense dynamics between the administration and financial regulators as they navigate the complexities of international trade and economic policy.

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Russia and China Strengthen Ties Amidst Global Tensions

Transitioning to international affairs, Korva Coleman introduces Charles Mainz's report from Moscow, where Russian President Vladimir Putin is hosting Chinese President Xi Jinping at the Kremlin. The leaders are participating in events commemorating the 80th anniversary of the end of World War II, using the occasion to emphasize the "no limits partnership" between Russia and China.

Charles Mainz describes the opulent ceremony, noting that both leaders lauded their nations' "close relations" in the face of what Chinese representatives referred to as "external bullying," implicitly criticizing the United States. Putin honored the sacrifices made by Soviet and Chinese citizens during the war, reaffirming the united stance against neo-Nazism.

However, the report takes a critical turn as Mainz points out the complexities of China's position regarding Ukraine. Despite maintaining a facade of neutrality, China has been providing Russia with diplomatic and economic support, a stance that has been questioned internationally. The planned display of Chinese troops in a future Red Square military parade has further fueled skepticism about China's true allegiances in the ongoing conflict, suggesting a deeper involvement in the geopolitical tensions.

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Historic Meeting at the Vatican: Cardinals Convene to Elect New Pope

Back in Washington, Korva Coleman brings attention to a significant event within the Catholic Church: the gathering of Roman Catholic cardinals at the Vatican's Sistine Chapel to elect a new pope. This marks the third attempt, as black smoke has been emitted twice from the chapel's chimney, signaling unresolved deliberations ([02:11]).

Sarah Ventri provides a vivid portrayal of the atmosphere in St. Peter's Square, where thousands of spectators from around the globe have assembled in anticipation. The diversity of the crowd is palpable, with people conversing in multiple languages, including tour groups, clergy members, pilgrims, and curious onlookers, all united in their eagerness to witness the conclave's outcome.

Among the hopeful attendees is Isabel Lammers from Chicago, who expresses her optimism regarding the cardinals' decision-making process. She remarks, "We're just so divided as it would be nice to just have someone with a lot of love" ([02:47]). This sentiment reflects a widespread desire for unity and compassionate leadership within the Church.

The cardinals have expanded their deliberation opportunities today, indicating an extended period before reaching a consensus. The global community remains watchful, understanding that the selection of the next pontiff will have profound implications for the direction of the Catholic Church.

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Legal Battle Over Illegal Deportation Continues in U.S. Courts

In the realm of U.S. legal proceedings, Korva Coleman reports on a contentious case involving U.S. District Judge Paul Azinis and the Department of Justice. Judge Azinis is steadfast in her demand for the Justice Department to keep her informed about efforts to facilitate the return of Kilmar Abrego Garcia, an immigrant who was deported to El Salvador in March under allegedly illegal circumstances.

The Trump administration has invoked the "state secrets privilege" in response to the judge's requests, a move that has escalated tensions between the judiciary and the executive branch. Judge Azinis has ruled that the administration must present its case for withholding sensitive national security information by the upcoming Monday, putting pressure on the administration to justify its actions legally.

This case highlights the ongoing debates surrounding immigration policies, executive power, and judicial oversight, encapsulating the broader struggles within the U.S. legal and political systems.

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Trump Appoints Dr. Casey Means as New Surgeon General Amid Controversy

Turning to health and administration appointments, Will Stone reports that President Trump has revised his selection for the position of U.S. Surgeon General. Initially, the president nominated Dr. Jeanette Neshwat, a Fox News contributor, but shifted his choice following doubts about her medical qualifications.

Trump's new nominee, Dr. Casey Means, is a physician and author who gained recognition through her bestseller on metabolic health. Will Stone provides a comprehensive background on Dr. Means, noting that she co-authored her book with her brother, Callie Means, an advisor to Secretary of Health Robert F. Kennedy Jr. Dr. Means attended Stanford Medical School and trained as a surgeon but ultimately chose to leave her residency program due to frustrations with mainstream medicine. She co-founded Levels, a biotech and wellness company that offers continuous glucose monitoring devices to consumers, signaling her commitment to innovative health solutions.

Dr. Means' appointment underscores the administration's focus on alternative approaches to health and wellness, though it remains to be seen how her background and perspectives will influence her role as Surgeon General.

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Philanthropic Shift: Bill Gates Pledges Majority of Wealth to His Foundation

In a notable philanthropic development, Korva Coleman shares that billionaire Bill Gates has declared his intention to donate nearly his entire wealth to the Bill & Melinda Gates Foundation. This monumental pledge is aimed at addressing global health and education challenges, with Gates outlining a strategy to distribute his fortune over a specified timeframe.

Gates has set a target for the foundation to cease operations by 2045, signaling a long-term commitment to making a sustained impact on pressing global issues. This decision not only reaffirms Gates' dedication to philanthropy but also underscores the foundation's pivotal role in shaping initiatives that address critical areas such as disease prevention, educational reform, and poverty alleviation.

It's worth noting that the Bill & Melinda Gates Foundation has been a significant financial supporter of NPR, aligning Gates' personal philanthropic goals with the sustainability and growth of public media.

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NPR News Now continues to provide timely and in-depth coverage of the events that matter most. For those seeking a comprehensive understanding of today’s headlines, this episode offers valuable insights into the intricate developments shaping our world.

Transcript

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[Korva Coleman]

In Washington, I'm Korva Coleman. Stocks opened higher this morning ahead of President Trump announcing a new trade pact with the United Kingdom. NPR's Scott Horsley reports. The Dow Jones industrial average rose about 200 points in early trading.

[Scott Horsley]

The UK is the first country to strike a trade deal with the Trump administration since the president announced his worldwide tariffs just over a month ago. The two countries have a relatively balanced trading relationship. US Exports to the UK Such as crude oil, slightly outweigh imports, including scotch and gin. The bank of England cut its benchmark interest rate today by a quarter percentage point. The move comes a day after the US Central bank voted to hold interest rates steady. Central bankers in both countries pointed to the economic risk raised by President Trump's trade war. Trump fired back on social media, calling Federal Reserve Chairman Jerome Powell a fool for not moving more quickly to lower borrowing costs. Scott Horsley, NPR News, Washington.

[Korva Coleman]

Russian President Vladimir Putin is hosting Chinese leader Xi Jinping for talks at the Kremlin today. They're attending events marking the 80th anniversary of the end of World War II. NPR's Charles Mainz reports from Moscow. The two are highlighting a no limits partnership between their countries.

[Charles Mainz]

In a lavish ceremony at the Kremlin, Putin and Xi extolled their close relations in the face of what the Chinese leaders said was external bullying, an apparent reference to the United States. In turn, Putin paid tribute to the sacrifice of Soviet and Chinese people in World War II and said the two were again united in the fight against neo Nazism. How Putin falsely portrays his current war in Ukraine. While formally neutral on the Ukraine issue, China has provided Russia with diplomatic and economic coverage. The presence of Chinese troops in a military parade on Red Square this Friday will only reinforce a view among critics that Beijing chose sides in the conflict long ago. Charles Maine's NPR News, Moscow.

[Korva Coleman]

Roman Catholic cardinals are meeting again in the Vatican's Sistine Chapel to choose a new pope. They've twice sent up black smoke from the chapel's chimney that indicates they haven't chosen one yet. NPR's Sarah Ventri reports. Crowds are filling St. Peter's Square in anticipation.

[Sarah Ventri]

Thousands of people are milling around St. Peter's Square right now. You can hear people speaking in all different languages. There are tour groups. There are clergy, pilgrims, curious onlookers, just people from all over the world who are really excited to see what's going to happen and to find out who the next pope is going to be.

[Korva Coleman]

NPR's Sarah Ventri @ the Vatican. One of the onlookers in St Peter's Square is Isabel Lammers. She's from Chicago. She has hope for the cardinal's choice. We're just so divided as it would.

[Sarah Ventri]

Be nice to just have someone with a lot of love.

[Korva Coleman]

The Roman Catholic cardinals have more opportunities today to select the next pontiff. On Wall street, the Dow is now up 226 points. This is NPR. U.S. district Judge Paul Azinis has continued to demand that the U.S. justice Department keep her informed about its efforts to facilitate the return of Kilmar Abrego Garcia. The immigrant was illegally deported to El Salvador in March. Now the Trump administration has invok the state secrets privilege. In response to Zini's demand, the judge has ordered the Trump administration that it has until next Monday to present its case for protecting sensitive national security information. President Trump has changed his pick for U.S. surgeon General. NPR's Will Stone reports he now wants a physician and author in that post.

[Will Stone]

Trump had previously picked Fox News contributor Dr. Jeanette Neshwat, but has now pivoted after questions emerged about her medical credentials. His new pick, Dr. Casey Means, gained popularity after publishing a bestseller on metabolic health. The co author of her book is her brother, Callie Means, who's an advisor to Secretary of Health Robert F. Kennedy Jr. Casey Means attended Stanford Medical School and went on to train as a surgeon, but ultimately dropped out of her residency program before finishing it because of what she described as her frustrations with mainstream medicine. She went on to co found the biotech and wellness company Levels, which offers continuous glucose monitoring devices to consumers. Will Stone, NPR News Philanthropist Bill Gates.

[Korva Coleman]

Has announced he he will donate almost all his wealth to the Gates Foundation. He's targeting global health and education, but it will be over a certain amount of time. He says the Gates foundation will close its doors in 2045. A note, the Gates foundation is a financial supporter of npr. This is npr.

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