CBS EYE ON THE WORLD WITH JOHN BATCHELOR



SHOW SCHEDULE 

9-2-2025

GOOD EVENING: The show begins in the markets, watching Fed Chairman Jerome Powell prepare for the September 16-17 Open Market meeting.

1840 BANK OF LONDON



FIRST HOUR



9-915

#MARKETS:   LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS:

Elizabeth Peek: Elizabeth Peek examines the persistent tension between the White House and the Federal Reserve, observing that Chairman Jay Powell's actions are often perceived as politically motivated. She attributes high inflation during the Biden years to belated rate hikes and points to a "bound up housing market" due to past low mortgage rates and current high rates, making housing unaffordable. Peek highlights the underestimated, rapid impact of AI, noting its widespread adoption (700 million weekly ChatGPT users) indicates genuine, impactful companies rather than a bubble. She also supports Trump's proposal for addressing homelessness via dedicated facilities.



915-930

CONTINUED #MARKETS:   LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS

Elizabeth Peek: Elizabeth Peek examines the persistent tension between the White House and the Federal Reserve, observing that Chairman Jay Powell's actions are often perceived as politically motivated. She attributes high inflation during the Biden years to belated rate hikes and points to a "bound up housing market" due to past low mortgage rates and current high rates, making housing unaffordable. Peek highlights the underestimated, rapid impact of AI, noting its widespread adoption (700 million weekly ChatGPT users) indicates genuine, impactful companies rather than a bubble. She also supports Trump's proposal for addressing homelessness via dedicated facilities.



930-945

EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN.

Judy Dempsey: Judy Dempsey analyzes Europe's political instability, including a wobbly French government facing a potential no-confidence vote and President Macron's struggles with reforms, while the far-right National Rally prepares for snap elections. Germany's Chancellor Merz also faces domestic opposition to reforms balancing social welfare and defense spending. Dempsey warns about the rise of anti-Ukraine, pro-Russian, Eurosceptic populist parties across Europe, which pose a significant challenge to regional stability and Washington's foreign policy, despite calls for a European-centric military force.



945-1000

CONTINUED;

EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN.

Judy Dempsey: Judy Dempsey analyzes Europe's political instability, including a wobbly French government facing a potential no-confidence vote and President Macron's struggles with reforms, while the far-right National Rally prepares for snap elections. Germany's Chancellor Merz also faces domestic opposition to reforms balancing social welfare and defense spending. Dempsey warns about the rise of anti-Ukraine, pro-Russian, Eurosceptic populist parties across Europe, which pose a significant challenge to regional stability and Washington's foreign policy, despite calls for a European-centric military force.

SECOND HOUR



10-1015

#STATETHINKING: @MARYKISSEL FORMER SENIOR ADVISER TO THE SECRETARY OF STATE. EXECUTIVE VP STEPHENS INC.

Mary Kissel: Mary Kissel critiques China's military parade, labeling Xi Jinping's claim of sole WWII victory a "complete fiction" aimed at promoting a "new world order" and expanding influence. She expresses concern over India's presence at the Shanghai Cooperation Organization summit, viewing it as a potential move towards neutrality that could undermine US efforts to counter China's regional militarization. Kissel also attributes the rise of Eurosceptic, pro-Russian populist parties in Europe to the failure of mainstream political parties to adequately address citizens' economic realities, leading to cynicism and a challenge to US policy.



1015-1030

CONTINUED:

Mary Kissel: Mary Kissel critiques China's military parade, labeling Xi Jinping's claim of sole WWII victory a "complete fiction" aimed at promoting a "new world order" and expanding influence. She expresses concern over India's presence at the Shanghai Cooperation Organization summit, viewing it as a potential move towards neutrality that could undermine US efforts to counter China's regional militarization. Kissel also attributes the rise of Eurosceptic, pro-Russian populist parties in Europe to the failure of mainstream political parties to adequately address citizens' economic realities, leading to cynicism and a challenge to US policy.



1030-1045

GAZA AND YEMEN:

Jonathan Schanzer: Jonathan Schanzer reports on Israel's challenging but successful operation in Gaza City, which has neutralized key Hamas leaders and recovered hostages, significantly weakening the group, with only ten senior leaders remaining. He critically notes Qatar's role as a major patron of Hamas, not acting in good faith during hostage negotiations. Shanzer also highlights Israel's "remarkable operation" in Yemen, demonstrating enhanced intelligence capabilities against Houthi leadership, severely impacting the Iran-backed group. In Lebanon, efforts to disarm Palestinian camps and Hezbollah present a "generational opportunity" for the state to restore sovereignty.

1045-1100

LEBANON AND SYRIA:

Jonathan Schanzer: Jonathan Schanzer reports on Israel's challenging but successful operation in Gaza City, which has neutralized key Hamas leaders and recovered hostages, significantly weakening the group, with only ten senior leaders remaining. He critically notes Qatar's role as a major patron of Hamas, not acting in good faith during hostage negotiations. Shanzer also highlights Israel's "remarkable operation" in Yemen, demonstrating enhanced intelligence capabilities against Houthi leadership, severely impacting the Iran-backed group. In Lebanon, efforts to disarm Palestinian camps and Hezbollah present a "generational opportunity" for the state to restore sovereignty.





THIRD HOUR



1100-1115

#LONDONCALLING:  @JOSEPHSTERNBERG @WSJOPINION

Joseph Sternberg: discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity measures. He notes the UK is exhibiting "precrisis" signs with a weakening pound and rising long-term borrowing costs, reflecting a loss of investor confidence in its economic growth. Sternberg concludes that these major economies are too large for a traditional IMF bailout, implying they must address their fiscal challenges internally to avoid a financial crisis.





1115-1130

CONTINUED: #LONDONCALLING:  @JOSEPHSTERNBERG @WSJOPINION

Joseph Sternberg: Joseph Sternberg discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity measures. He notes the UK is exhibiting "precrisis" signs with a weakening pound and rising long-term borrowing costs, reflecting a loss of investor confidence in its economic growth. Sternberg concludes that these major economies are too large for a traditional IMF bailout, implying they must address their fiscal challenges internally to avoid a financial crisis.

1130-1145

Professor John Cochrane: Professor John Cochrane addresses the fervent debate over the Federal Reserve's independence, with critics from both political extremes advocating for more accountability. He points to the Fed's expanded activities since 2008, including "subsidizing Wall Street," and alleged missteps that contributed to inflation and a problematic housing market. Cochrane argues for a more limited Fed, focused strictly on inflation, to preserve its independence and public trust, suggesting that its broadened scope jeopardizes its core mission and credibility.

1145-1200

CONTINUED:Professor John Cochrane: Professor John Cochrane addresses the fervent debate over the Federal Reserve's independence, with critics from both political extremes advocating for more accountability. He points to the Fed's expanded activities since 2008, including "subsidizing Wall Street," and alleged missteps that contributed to inflation and a problematic housing market. Cochrane argues for a more limited Fed, focused strictly on inflation, to preserve its independence and public trust, suggesting that its broadened scope jeopardizes its core mission and credibility..



FOURTH HOUR



12-1215

GREGORY COPLEY, DEFENSE & FOREIGN AFFAIRS

    Gregory Copley: Gregory Copley discusses China's military parade, calling its claim of sole WWII victory a "breathtaking fiction" meant to boost the Chinese Communist Party's (CCP) collapsing credibility amidst widespread anti-CCP protests and a disrupted military. He highlights India's strategic aim for dominance in Central and South Asia, leading to its presence at the Shanghai Cooperation Organization summit, but not the parade. Copley also notes Europe's fis