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President Trump threatens tariffs on 14 countries

Play Episode Listen Later Jul 8, 2025 49:28


Japan and South Korea face 25% US tariffs in August. Donald Trump also sent tariff letters to twelve other countries on Monday with details of the tariffs of up to 40% that they could face. We hear from the US Consumer Technology Association on what tariffs could mean for stores across America. Also, as the trading day starts in Tokyo and with elections on the horizon, we ask how Japan's government will interpret President Trump's latest tariff threat.And how street art is encouraging thousands of tourists back to a once-deserted village in southern Italy. Throughout the programme, Sam will be joined by two guests on opposite sides of the world: Peter Landers, Wall Street Journal Asia Business and Finance Editor in Beijing, and Erin McLaughlin, Senior Economist at the Conference Board in new York.

Trump signs landmark policy bill into law

Play Episode Listen Later Jul 5, 2025 49:01


President Trump has signed his flagship policy bill into law, slashing taxes and welfare while increasing funding for the military and immigration enforcement. But what impact will this have on the U.S. economy and its global relationships? As new tariffs threaten EU agricultural exports, can trade deals be secured before tensions escalate?Plus, we take a look at Velvet Sundown — the mysterious band pulling in over 850,000 monthly Spotify listeners without a single live performance, interview, or identifiable member.

Trump's 'Big Beautiful Bill' clears final hurdle in congress

Play Episode Listen Later Jul 4, 2025 49:29


Donald Trump's flagship finance bill has finally passed through congress. But what does it mean for the economy – and for low-income Americans relying on federal support? Plus, Hollywood rolls out yet another Superman reboot – is there still an appetite for the caped crusader? And with Oasis reuniting on stage, we explore the tour merchandise expected to rake in millions.

What's in Vietnam's new trade deal with the US?

Play Episode Listen Later Jul 3, 2025 49:33


President Trump has announced a 20 percent tariff on Vietnamese goods under a new trade deal. In return, Vietnam will remove all tariffs on American imports.Also, members of Congress locked in debate over Trump's major finance bill. And as Del Monte declares bankruptcy - are we all falling out of love with canned food?

US vice president saves Trump's ‘big, beautiful' bill in Senate

Play Episode Listen Later Jul 2, 2025 49:26


After hours of stalemate, Republicans in the US Senate have narrowly passed Donald Trump's mega-bill on tax and spending, meaning the proposed legislation has cleared one of its key hurdles. Also, US President Donald Trump has suggested that Doge, the cost-cutting agency Elon Musk helped set up, could be used to hurt the billionaire's companies – as the former allies continue their public dispute over Trump's budget plans. And it's 25 years since one of the world's first and longest transnational bridges was opened in northern Europe – the Öresund Bridge – but it is facing new challenges. Throughout the programme, Roger Hearing will be joined by two guests on opposite sides of the world – Mehmal Sarfraz, the Pakistani journalist and analyst who's in Sunnyvale, California, but usually based in Lahore; and Dante Disparte, Chief Strategy Officer at the financial technology company Circle in Washington.

Record level of concerns hit global supply chains

Play Episode Listen Later Jul 1, 2025 49:26


Global supply chains are in trouble, driven by crises due to tariffs, geopolitical shocks and Middle East instability, according to the latest survey carried out by CIPS Pulse of the Chartered Institute of Procurement and Supply. Roger Hearing hears from Ben Farrell, CIPS CEO. Also, Italian luxury fashion brand Prada has said it acknowledges the Indian roots of its new footwear line, days after the design sparked a controversy in India. Why is it that cassava, a major food source across the world, doesn't make more money for one of the biggest producers – Nigeria? And President Donald Trump blamed AT&T for technical issues in a conference call he has been holding with American faith leaders. Throughout the programme, Roger Hearing will be joined by two guests on opposite sides of the world – Peter Morici, economist and professor of business at the University of Maryland, who's in Alexandria, Virginia - and Jennifer Pak, China correspondent at Marketplace, usually based in Shanghai but today she's in Canada.

Trump trade: one step forward, two steps back

Play Episode Listen Later Jun 28, 2025 49:26


There's another twist to the tariffs tale... US President Donald Trump says he's stopping trade talks with Canada over a tax he's not happy about. The US and China have reached a trade truce on critical minerals... but how critical is the deal? And Glastonbury has a hippy roots, but it's making serious money.... we'll hear how it generates hundreds of millions for the British economy. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

US Economy takes a hit

Play Episode Listen Later Jun 27, 2025 49:26


In the US, the economy shrinks, jobless claims rise, and tariffs start to bite... Will steps toward an agreement with China help the situation?There's been a tax shake-up in Africa's biggest economy... Nigeria's President signs off on sweeping reforms. But will they be felt on the ground?And after nearly four decades in charge… Vogue's Anna Wintour is stepping back. What's next for fashion's most powerful woman?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

Trump threatens Spain with double tariffs

Play Episode Listen Later Jun 26, 2025 49:32


President Trump issues a tariff threat after Spain rejects Nato's defence spending target.Lebanon has secured $250 million in World Bank funding for post-war recovery, to help repair and rebuild critical public infrastructure and essential services.Is the oil giant Shell taking over its rival BP?Plus, Mexico is planning to sue Space X over rocket debris on the beach.Presenter Andrew Peach is joined by Fermín Koop, the Latin America editor for Diálogo Chino and Jyoti Malhotra is editor-in-chief of The Tribune in India.

Donald Trump joins NATO leaders for summit on defence spending

Play Episode Listen Later Jun 25, 2025 49:31


President Trump joins NATO leaders in Europe for a summit about increasing spending on defence. He is demanding all member states commit to spending 5% of national economic output on defence budgets.In New York, Democratic voters are heading to the polls to choose their nominee for mayor.Plus, would you order lab-grown meat in a restaurant? You can in Australia after the product was approved for consumption.Throughout the program, Andrew Peach will be joined by Marketplace's Kimberley Adams in Washington and David Kuo, co-founder of the Smart Investor in Singapore.

Donald Trump claims Iran and Israel have agreed to a "complete and total ceasefire"

Play Episode Listen Later Jun 24, 2025 49:25


President Trump says Israel and Iran have agreed to a total ceasefire after what he called their twelve-day war. It follows Iran's missile attack on a US airbase in Qatar. We'll look at the impact on aviation and shipping across the Middle East.We explore how the speed of delivering groceries are changing shopping habits in India.Plus, why are other countries envious of Argentina's growth figures? Throughout the program, Andrew Peach will be joined by Simon Littlewood, the founder of the Raffles Crew, a business network in Singapore and Stephanie Hare, a researcher on technology and ethics in Berlin.

What is behind the calmness in global markets?

Play Episode Listen Later Jun 21, 2025 49:27


Global markets, including the US, have been quietly calm, although there have been warning signs of looming risks and uncertainty after Donald Trump's “liberation day” tariffs announcement. What's behind such market “silence”? Roger Hearing hears from Gillian Tett, the chair of the Editorial Board of the Financial Times and the Provost of Kings College Cambridge, who has been writing about this. And how are businesses navigating global sourcing and supply chain risks and disruptions? A Global Sourcing Risk Index, produced by Proxima and Oxford Economics, shows how much business leaders still need to do. Also, a group of economists, backed by the Vatican, are calling for a reshaping of the international financial system to help developing countries that are heavily in debt and struggling to finance important social issues in their countries like healthcare and education.Throughout the programme, Roger Hearing will be joined by two guests on opposite sides of the world: Tony Nash, CEO and founder of Complete Intelligence, an AI-based financial forecasting firm in Houston; and Nga Pham, a journalist based in Taiwan.

Can Israel's economy sustain an extended conflict?

Play Episode Listen Later Jun 20, 2025 49:26


A war with Iran has been harming Israel, not just in the physical effect of missile strikes but also the impact of the conflict and instability on Israel's economy. Roger Hearing hears about how the country's economy is coping with this. Greenland's minister for business and mineral resources, Naaja Nathanielsen, tells us how she deals with threats of an invasion by US President Donald Trump. And Thailand, a country that has long kept a tight lid on gambling, could be about to change as the government is looking at legalising casinos to boost tourism. Throughout the program , Roger Hearing will be joined by Anneke Green, a Republican political strategist at Reach Global Strategies and former political speechwriter in Washington; and Sushma Ramachandran, an independent journalist and columnist with the Tribune newspaper in Delhi.

Shipping insurance costs surge amid Israel-Iran conflict

Play Episode Listen Later Jun 19, 2025 49:26


Will the US get directly involved in the Israel-Iran conflict? President Trump says he hasn't made his mind up yet. A shipping insurance expert explains the impact of the conflict coverage costs for vessels in the region.In the UK, employers may soon be forced to list salary brackets on job adverts. We'll find out why.And do you ever wonder where old mobile phones, computers, and fridges get recycled? One place is Thailand - where recycling is cheaper than in many Western countries. The BBC's Gideon Long joins Thai government officials on a visit to a recycling plant.

Trump demands Iran's ‘unconditional surrender'

Play Episode Listen Later Jun 18, 2025 46:46


President Trump is demanding Iran's ‘unconditional surrender' as the conflict with Israel enters its sixth day. The US leader was supposed to be in Canada for the G7 summit, but decided to leave early. Has his absence there overshadowed its talks on Ukraine? We'll hear from a reporter who's at the summit.Meanwhile in Brazil, oil exploration rights are up for auction - even as the country prepares to host the UN climate conference COP30. An environmental activist tells us why oil exploration in the South American country must be stopped.And is China's biggest car manufacturer BYD playing fair? Our reporter has been speaking with the firm's executive vice president.Global business news, with live guests and contributions from Asia and the USA.

President Trump leaves the G7 early

Play Episode Listen Later Jun 17, 2025 51:59


We hear from Banff where the meeting of world leaders is taking place, as Donald Trump returns to Washington. Also, it's just three weeks until US tariffs could hit America's trading partners. Ed Butler looks at what the impact might be on Malaysia and Thailand. And, the Trump Organization announces plans for a golden mobile phone, made entirely in America.

Israel-Iran strikes adds economic risk

Play Episode Listen Later Jun 14, 2025 49:05


How could the Israel-Iran attacks impact the global economy? We speak to experts on the region.What's happening with global shipping? We speak to a company which transports freight in Europe, North America, Asia and the Middle East.Also, what about the health of the Israeli economy? We hear from the former Deputy Governor of the Bank of Israel.

Air India's crash impact aviation

Play Episode Listen Later Jun 13, 2025 49:26


A London-bound Air India plane carrying 242 people crashes in a residential area shortly after take-off in Ahmedabad, western India. We hear from Anita Mendiratta, a specialist on aviation. And we look at how the premier of the Canadian province of Alberta - the landlocked neighbour of the United States - has put forward plans for a new crude pipeline from the province to the Port of Prince Rupert in British Columbia to export through the Pacific.

Disney and Universal sue AI company Midjourney

Play Episode Listen Later Jun 12, 2025 55:27


Disney and Universal are suing AI photo generation company Midjourney alleging its popular image generator had become a "bottomless pit of plagiarism". Rahul Tandon finds out how likely the lawsuit is to be successful. Also, can we expect peace between the US and China in their crucial trade war as both sides say they have agreed on a "framework" for a deal?We find out why the new LinkedIn data reveals that the rate of women being hired into leadership has dropped for the third year in a row.And we hear how tensions between President Donald Trump and Elon Musk might be affecting investors. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

US and China conclude trade talks

Play Episode Listen Later Jun 11, 2025 49:26


After two days of London talks, the US and China agree on a trade framework - pending approval from Presidents Trump and Xi, reports say.Pakistan announced that their defence spending is increasing by 17% in the fiscal year ending June 2026 - we get reaction from Uzair Younus, Principal at the Atlantic Council's Asia GroupAnd a new Apple feature will reportedly block out hold music. We hear from Debbie Wiseman, a conductor and composer who has turned her hand to hold music in the past.

Can LA function without undocumented labour?

Play Episode Listen Later Jun 10, 2025 49:26


As fresh protests erupt over President Trump's immigration and deportation policies, we ask: how much does Los Angeles's economy rely on undocumented workers? We speak to Julia Gelatt from the Migration Policy Institute and Mark Krikorian of the Centre for Immigration Studies.Also on the programme: as the US–China trade dispute hits growth, both sides return to the negotiating table.And we hear from Spanish meat producers concerned about the impact of potential US tariffs.

Has a phone call led to the end of the tariff war?

Play Episode Listen Later Jun 7, 2025 47:48


The US and China have announced their delegations will meet in London to talk trade on Monday... so has a phone call between President Donald Trump and President Xi Jin Ping signalled an end to the tariff war between the World's biggest two economies?Andrew Peach discusses whether Elon Musk's time at the White House achieved anything for the tech sector that will survive his rift with President Trump. Elsewhere, we are on the road in China with a truck but no driver, and the fashion statement that's set to go up for auction in Paris.Global business news, with live guests and contributions from Asia and the USA.

Trump and Musk in escalating feud

Play Episode Listen Later Jun 6, 2025 49:31


US President Donald Trump and Elon Musk are locked in an increasingly personal and public fight, with the US president now threatening to cancel the tech billionaire's lucrative government contracts. Also, the European Union urges China to lift export controls on rare earth minerals crucial to industries from automotive to electronics. And we explore how Japan is eyeing new commercial opportunities on the moon.

US and German talks

Play Episode Listen Later Jun 5, 2025 49:26


The new German Chancellor Friedrich Merz is expected to meet with US President Donald Trump on Thursday to discuss tariffs and the war in Ukraine. A report by the US Congressional Budget Office in Washington found Wednesday that President Donald Trump's tax bill adds $2.4 trillion to US debt. Also, Rahul Tandon looks at the impact that hackers are having on some of the world's best-known retailers and other brands – North Face, Cartier and Victoria Secret are the latest companies being targeted. Throughout the programme, Rahul Tandon will be joined by two guests on opposite sides of the world: Karen Percy, a senior freelance reporter in Melbourne, Australia, and Walter Todd, President & Chief Investment Officer, Greenwood Capital, based in South Carolina, US.

Trump doubles steel and aluminium tariffs

Play Episode Listen Later Jun 4, 2025 49:27


The global steel industry prepares for impact as Donald Trump signs an order for a 50% tariff on steel and aluminium. He announced the move last week in front of a crowd of steel workers in Pennsylvania. In South Korea, the liberal candidate, Lee Jae-myung, has been confirmed as the clear winner of the presidential election. The tech billionaire, Elon Musk, has stepped up his criticism of Donald Trump's planned tax and spending bill, calling it a "disgusting abomination". A White House spokeswoman said the president would not change his position on what he calls the "big beautiful bill".Throughout the programme, Rahul Tandon will be joined by two guests on opposite sides of the world: Andy Xie, an independent economist in Shanghai, China, and Anneke Green, Republican Political Strategist at Reach Global Strategies in Washington, US.

South Koreans vote for new president after failed martial law bid

Play Episode Listen Later Jun 3, 2025 49:27


It's election day in South Korea, where voters are choosing the country's next president after months of unprecedented political turmoil affecting the country's economy. For South Koreans, today's vote offers an opportunity to restore stability and forge ahead. US President Donald Trump and Chinese President Xi Jinping are expected to hold a phone call to discuss tariffs and trade issues, according to the White House. In Canada, the Prime Minister is meeting with regional leaders to remove interprovincial trade barriers and making it easier for Canadians to trade with each other. Also, the Microsoft founder Bill Gates says improving the health and education of people in Africa will be the priority when he gives away most of his two hundred billion dollar fortune over the next twenty years, the majority of which will go to Africa. Throughout the programme, Rahul Tandon will be joined by two guests on opposite sides of the world: Peter Morici, economist and professor of business, who is in Alexandria, Virginia; and Sushma Ramachandran, independent journalist and columnist with the Tribune newspaper in Delhi.

Trump doubles tariffs on steel imports to 50%

Play Episode Listen Later May 31, 2025 49:26


American President Donald Trump has announced at a rally in Pittsburgh, Pennsylvania that the US will double tariffs on steel imports from 25% to 50% to boost the local steel industry. The announcement is the latest turn in Trump's rollercoaster approach to tariffs since re-entering office in January.Meanwhile, it was the last day at the White House for tech billionaire Elon Musk who has departed from his role at DOGE (Department of Government Efficiency.) We examine what he has achieved in the role, what his priorities will be at Tesla and Space X, and whether he and President Trump can remain friendsAnd with the Indian economy showing a growth of 7.4% between January and March, beating analyst expectations, we analyse what's behind the numbers and if the growth can continueTo discuss these and the big global business news of the day, presenter Devina Gupta, is joined by Andy Uhler, journalism fellow at University of Texas Energy Institute in the US and Rachel Cartland, author and commentator based in Hong Kong.

Trump, tariffs, and legal troubles

Play Episode Listen Later May 30, 2025 49:28


After US President Donald Trump's tariff policy got a last minute reprieve in the federal courts, we unpick the latest twist in American trade policy. Meanwhile, we hear from an international student at Harvard University caught up in the institution's legal battle with the Whitehouse.Elsewhere, we can reveal how western countries are helping fund Russia's full-scale invasion of Ukraine.And Devina Gupta speaks to the attorney at the centre of the 'largest settlement of a price-fixing case in Canadian history' that's worth $500-million.Global business news, with live guests and contributions from Asia and the USA.

Nvidia earnings boom to 70% despite tariffs

Play Episode Listen Later May 29, 2025 49:26


Nvidia, a huge success in the tech world, reported its latest quarterly earnings. The chipmaker, vying with Apple for the position of the world's richest company, beat expectations despite export controls. Elon Musk, , the billionaire and co-founder and CEO of Tesla, has criticised one of the signature policies of President Donald Trump, marking a break from the US president who he helped to win re-election in 2024. And the meat of brown bears, a protected species in the EU, could soon be available to eat in Slovakia after the populist government approved plans for sale. Roger hears from a food tour guide who tested the meat before.Throughout the programme, we will be joined by two guests on opposite sides of the world: Michael Malone, a veteran Silicon Valley journalist and host of the Silicon Insider podcast in the US, and Zyma Islam, senior reporter for The Daily Star in Dhaka, Bangladesh.

US pauses student visas

Play Episode Listen Later May 28, 2025 49:26


The US President, Donald Trump's administration, has ordered its embassies abroad to pause new applications for student and exchange visitor visas as it prepares to expand social media vetting of foreign students. We hear from former US Education Secretary Arne Duncan – who was in office during Obama's presidency. Japanese-owned steelmaker Nippon Steel is expected to close its “partnership” with U.S. Steel at $55 per share, as the US media have reported. On Friday, last week, President Donald Trump said that he has cleared the deal. And Rahul Tandon hears how one woman's quest to buy only US-made goods has been surprisingly difficult. Throughout the programme, we will be joined by two guests on opposite sides of the world: Erin McLaughlin, Senior Economist, The Conference Board in the US, and Simon Littlewood, President of ACG Global or a business consultant based in Singapore.

Optimism over US-EU trade talks

Play Episode Listen Later May 27, 2025 50:57


The United States President, Donald Trump, has agreed to drop his threat to impose 50% tariffs on European Union imports and extend a deadline to negotiate tariffs with the EU by more than a month. In Argentina, the government has announced that its easing currency reporting rules to deal with dollars kept under mattresses. The Argentine government aims to unleash some $271 billion stashed away in mattresses, safes and foreign bank accounts.And Rahul Tandon will look at how Disney's live-action Lilo and Stitch remake beat Tom Cruise at the US box office. Lilo and Stitch, which revisits the 2002 animated family favourite, exceeded expectations with takings of $341m (£252m) around the world. Throughout the programme, we will be joined by two guests on opposite sides of the world: Sushma Ramachandran, an independent journalist and columnist with the Tribune newspaper in India, and Fermin Koop, a reporter on environmental and climate change in Argentina.

EU promises to defend itself from US tariff threat

Play Episode Listen Later May 24, 2025 49:29


The European trade commissioner says the EU will defend its interests in trade talks with the United States. President Trump has threatened the bloc with fifty percent tariffs.Boeing is to avoid prosecution in a deal with the US Justice Department over a number of crashes. The deal includes the company admitting to obstructing federal aviation officials and paying $1.1 billion in fines. Presenter Rahul Tandon examines these stories and also hears how the murder of George Floyd inspired US banks to invest in small black businesses.

Trump stops Harvard from enrolling International students

Play Episode Listen Later May 23, 2025 26:28


Donald Trump blocks Harvard from enrolling International students to root out anti-Americanism and antisemitism on campus. Harvard has called the move unlawful. A Business body in the United States has been giving reaction to Donald Trump's " big beautiful" bill. It contains tax cuts as well as money for defence spending and funds for his deportation programme.Presenter Rahul Tandon also looks at the U.S. Federal Trade Commission decision to drop a case which attempted to block Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard. It has said the case against the long-closed deal was not in the public interest.

US and South Africa trade talks turn tense

Play Episode Listen Later May 22, 2025 49:31


A trade talks meeting turned tense at the White House, when President Trump clashed with South Africa's Cyril Ramaphosa over discredited claims of white genocide in South Africa. We hear from a key voice in the president Ramaphosa's advisory council.It's a big week for cryptocurrency - Bitcoin hit an all time high, the stablecoin legislation advance and President Trump get's ready to host his crypto dinner. And will the US Congress pass Trump's 'Big Beautiful Bill'?In Japan, we hear why the agriculture minister has stepped down after making a joke about rice.

The US's largest political donor plans to cut back

Play Episode Listen Later May 21, 2025 49:35


Elon Musk, the US's largest political donor, plans to cut back on political spending after giving more than $250m on Trump's 2024 presidential campaign. What will that mean for his businesses like Tesla, X and SpaceX?In the EU, there are plans for a €2 fee on cheap parcels from China, hitting companies like Temu and Shein.Over in Canada, the recently re-elected Liberal government says it won't release a federal budget this year.

How a secretive Taiwanese company shaping the future of the global economy?

Play Episode Listen Later May 20, 2025 49:27


The Taiwan Semiconductor Manufacturing Company makes advanced microchips is helping to shape the future of the global economy. It's at the centre of a chip rivalry raging across the world – one of the key subplots of President Trumps trade war.The UK and the EU have reached a new deal setting out post-Brexit relations on areas including fishing rights, trade and defence. We hear from the Irish fishing community, a food exporter in the UK and what a "youth experience scheme" could mean for businesses in France.Andrew Peach is joined by two guests on opposite sides of the world: Jennifer Pak is in Shanghai and Peter Morici in Alexandria, Virginia.

Moody's downgrades US credit rating, citing rising debt

Play Episode Listen Later May 17, 2025 49:26


The credit rating agency Moody's has stripped the United States of its triple-A credit rating, warning investors about rising levels of government debt and a widening budget deficit. The agency has shifted the US rating down one notch to AA1, while changing its outlook from negative to stable. Novo Nordisk, the company that makes the weight loss drugs Ozempic and Wegovy, is abruptly ousting its chief executive, Lars Fruergaard Jørgensen, over concerns the firm is losing ground in the popular weight-loss drug market. Consumer boycotts of countries and companies are on the rise, with the latest being an Indian tourism boycott of Turkey and Azerbaijan. This comes as some Canadians boycott the US, while others refuse to buy from some specific companies over their policies. We will be joined throughout the programme by Rahul Tandon is joined by two guests on opposite sides of the world: Lori Ann Larocco, senior editor at CNBC Business News in the US, and Peter Ryan, ABC's senior business correspondent in Australia.

Walmart: US largest retailer set to increase prices

Play Episode Listen Later May 16, 2025 49:26


Walmart is preparing to raise prices in the US as soon as this month, as its own costs increase as a result of the new tariffs on imports imposed by President Donald Trump. And we will look at President Trump saying that India offered to drop all tariffs on US goods, something India swiftly denied. Total airline revenue is expected to top 1 trillion US dollars for the first time ever this year, according to the International Air Transport Association. We will be joined throughout the programme by two guests on opposite sides of the world: Shoeb Kagda, an Indonesian journalist and businessman, and Alison Van Diggelen, host of Fresh Dialogues based in Silicon Valley, the US.

What hopes are there for a ceasefire between Ukraine and Russia?

Play Episode Listen Later May 15, 2025 49:27


With the conflict in Ukraine continuing to have a huge impact on the global economy, what hopes are there for a ceasefire when Russia's president Vladimir Putin seems unwilling to participate in the peace talks in Turkey?We hear what the lifting of sanctions could mean for Syria's economy, and Rahul Tandon finds out why the challenges caused by US president Donald Trump's tariffs could be a big opportunity for Puerto Rico.Elsewhere, will a new government-led scheme in Argentina be able to change millions of peoples preference for saving money in secret stashes rather than at a bank?Global business news, with live guests and contributions from Asia and the USA.

AI and arms: Inside the Saudi-US investment deal

Play Episode Listen Later May 14, 2025 49:26


Sam Fenwick looks at the world's biggest business stories with guests Kimberly Adams in the US and David Kuo in Singapore.They'll find out how AI and arms are at the heart of the flurry of deals being made between the US and Saudi Arabia.Why is car maker Nissan cutting 20,000 jobs?And how British Airways says AI is helping the airline cut delays.

China and US agrees tariff cuts

Play Episode Listen Later May 13, 2025 52:57


The retaliatory tit-for-tat rise in tariff rates between the US and China has been cancelled, following talks in Switzerland and the so-called "reciprocal" tariff rate of 34% is lowered to 10%. It's a ceasefire on what has become a global trade war as markets are rising again, and container ships can set sail across the Pacific.But economically, who benefits more from this short-term ceasefire—Washington or Beijing?Britain's Prime Minister, Sir Keir Starmer has promised the government's new immigration measures will mean net migration falls "significantly" over the next four years.Keir Starmer unveiled plans to ban recruitment of care workers from overseas, tighten access to skilled worker visas and raise the costs to employers in an effort to curb near record net migration.

US and China set to hold trade talks in Geneva, Switzerland

Play Episode Listen Later May 10, 2025 49:26


Join Roger Hearing ahead of this weekend's meeting in Switzerland of Chinese and American diplomats for trade talks this weekend. The stakes are high, as the outcome could reset the future of economic relations between the world's two largest economies. Also, we hear how Chinese Auto makers, who struggle to sell vehicles in North America because of the import tariffs, are expanding rapidly in many markets around the world.And the government of Mexico is suing Google Maps over its decision to use the name "Gulf of America" instead of the longstanding "Gulf of Mexico".

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