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NPR News Anchor (0:15)
Live from NPR News in Washington, I'm Shea Stevens. The Trump administration says it plans to spend $12 billion to help U.S. farmers stay in business and to compensate for their trade war losses. Frank Morris of member station KCUR has details.
Frank Morris (0:31)
President Trump's trade wars aggravated a bleak equation for US Farmers. His tariffs jacked up the prices of the supplies and equipment they need to buy, and retaliatory tariffs cut export sales and drove down grain prices. Many Midwestern farmers lost money this year. Missouri farmer Richard Oswald says the bailout will help cover bills and loan payments but won't make up for this year's losses.
Missouri Farmer Richard Oswald (0:55)
They're attempting to replace profit with bailout money. It's not the same as having a good market and making a profit.
Frank Morris (1:05)
The US Department of Agriculture says it will distribute bailout funds by March, with row crop farmers taking $11 billion and other farmers splitting another $1 billion. For NPR News, I'm Frank Morris.
NPR News Anchor (1:17)
Paramount is mounting a hostile takeover bid for Warner Brothers discovery. As NPR's Maria Aspen reports, Saudi Arabia and China are involved in the latest Hollywood drama, and so is President Trump's son in law.
Maria Aspen (1:31)
Paramount is taking on Netflix, which last week agreed to buy some of Warner Brothers businesses. Paramount wants to control all of them and is offering Warner Brothers shareholders a deal worth $108 billion. Paramount is also controlled by Larry Ellison, one of the world's richest people, and his son David. But they're not putting up all the cash themselves. Instead, they've lined up money from the governments of Saudi Arabia, Abu Dhabi and Qatar. Another investor has ties to China, and another was founded by President Trump's son in law, Jared Kushner. Paramount says that if its hostile takeover succeeds, the Middle Eastern governments and Kushner's firm would not be involved in running Warner Brothers. Maria Aspen, NPR News, New York.
NPR News Anchor (2:16)
Ukraine's President Volodymyr Zelenskyy is set to meet with European Union and NATO leaders in Brussels. As Terry Scholz reports, they are expected to discuss an EU plan to use frozen Russian assets to fund Ukraine's recovery and war eff.
