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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.
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. There's been no confirmation from Beijing. Rahul Tandon hears from Nazak Nikakhtar, a former assistant secretary of state for industry and analysis in the first administration of Donald Trump. 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. And the South American nation of Paraguay has big ambitions to become a tech and innovation hub.
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.
The International Monetary Fund has terminated a $175 million loan programme with Malawi, citing poor economic management. The IMF said Malawi, one of the poorest countries in the world, had failed to fully restructure its unsustainable debt, but the country's government argues that it has decided to suspend this until after the elections in September this year. Rahul Tandon heard from Malawi Finance Minister Simplex Chithyola Banda and the IMF Mission Chief. 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 for ancillary services like baggage and seat selection is set to reach 145 billion according to the International Air Transport Association.
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.
The Presidents of the World's two leading economies are meeting leaders from the Middle East and Latin America in order to gain new trade partners, with Qatar signing one of the largest ever aircraft deals with US aircraft manufacturer Boeing, while Brazil has signed 36 commercial agreements with China. Rahul Tandon finds out who is getting the bigger deals, and why running a global shipping line is as complex as ever. Meanwhile, how will the Federal Reserve in the United States deal with its contradictory mandate of pursuing maximum employment alongside price stability?The latest business and finance news from around the world, on the BBC.
The Indian government says it has launched strikes on Pakistan and Pakistan-administered Kashmir in response to last month's deadly attack on tourists in India-administered Kashmir.Also, the presenter Rahul Tandon will look at the Chinese economy and find out what will happen with the trade negotiations.The Canadian Premier Mark Carney is in Washington trying to strike a deal with the US President. Carney says Donald Trump is "willing to negotiate" a new trade deal and drop the tariffs following "wide-ranging discussions" at the White House.Also, we look at the German economy after Friedrich Merz eventually elected German chancellor.And see why there are so many bets on who will be the next leader of the Catholic Church. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
The Canadian Premier Mark Carney is in Washington trying to strike a deal with the US President. Carney says Donald Trump is "willing to negotiate" a new trade deal and drop the tariffs following "wide-ranging discussions" at the White House.The presenter Rahul Tandon will look at the other trade deal between the UK and India. Countries have agreed for export whisky, cars and other products to India, and cut taxes on India's clothing and footwear exports.Also, we look at the German economy after Friedrich Merz eventually elected German chancellor.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
OpenAI, the parent company of artificial intelligence service ChatGPT, has announced a new governance plan after a bitter power struggle over the business.US President Donald Trump has said he will hit movies made in foreign countries with 100% tariffs, as he ramps up trade disputes with nations around the world.The European Union has announced a five-hundred-and-sixty-million-dollar fund to attract foreign scientists. How will it work?Also, Rahul Tandon will find out why Met Gala event is so important for many investors.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
US President Donald Trump has said he will hit movies made in foreign countries with 100% tariffs, as he ramps up trade disputes with nations around the world.The European Union has announced a five-hundred-and-sixty-million-dollar fund to attract foreign scientists. Will it work?Also, Rahul Tandon will find out why China is growing their interest in snooker.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
While President Trump has praised his tariffs again, the US economy has shrunk for the first time in three years. Meanwhile, China's factories take a big blow amid the ongoing trade war. Rahul Tandon speaks to small businesses owners feeling the pinch. Plus, with elections looming in Australia this weekend, we take a closer look at the soaring cost of housing—and what it could mean for voters.
On the programme we are looking at Donald Trump's first 100 days in power, during which he has talked a lot about tariffs, and there have been many changes to trade policies. Rahul Tandon looks at the key important economic events of the initial 100 days and the way they have upended global trade. Also, Mark Carney is celebrating his election victory in Canada, although Canadian broadcaster CBC projects his party will fall just short of the 172 parliamentary seats needed for a majority.Throughout the programme, we'll be joined by two guests on opposite sides of the world – Rebecca Choong Wilkins, Senior Asia correspondent for Bloomberg, and Tony Nash, CEO of Complete Intelligence.
On the programme we are looking at Donald Trump's first 100 days in power, during which he has talked a lot about tariffs, and there have been many changes to trade policies. Rahul Tandon looks at the key important economic events of the initial 100 days and the way they have upended global trade. Also, Mark Carney is celebrating his election victory in Canada, although Canadian broadcaster CBC projects his party will fall just short of the 172 parliamentary seats needed for a majority.
A new survey by the University of Michigan's Institute for Social Research has revealed that consumer confidence in the United States has seen its largest drop since 1990.While the Governor of Mississippi believes rising tariffs will lead to more capital investment, we hear from a retail business in Indiana on the impact of the ongoing trade war. Rahul Tandon speaks to prominent Canadian automotive figure Flavio Volpe on the state of the country's economy ahead of Monday's general election.And a Californian government figure discusses how the state has overtaken Japan to become the fourth largest global economic force behind Germany, China and the US as a whole.
A new survey by the University of Michigan's Institute for Social Research has revealed that consumer confidence in the United States has seen its largest drop since 1990. In Canada voters go to the polls on Monday, and a big issue will be the country's future relationship with the US. Rahul Tandon discusses the growing economic divide in North America with prominent Canadian businesswoman Arlene Dickinson. And California has overtaken Japan to become the fourth largest global economic force behind Germany, China and the US as a whole.
China has said no to any trade talks until the US withdraws its tariffs, but which of the World's two superpowers will blink first and bring the growing trade war to an end? Rahul Tandon speaks to the President of the American Toy Association on how children's Christmas presents, including Barbie dolls, Hot Wheels cars and Jellycats toys, could fall victim to the US-China trade war.Meanwhile, how will the higher education sector in the US be affected by the fall out?We enter the World of the ‘workfluencers', where the personal meets the professional, and how corporations are increasingly putting employees in front of the camera in order to humanise the working environment. Elsewhere, as the situation in Kashmir develops and Pakistan suspends all trade with India, we find out about the growing tension between the two countries. And there's concern for the survival of Africa's shea nut tree which provides an income for millions of women.Global business news, with live guests and contributions from Asia and the USA.
China has said no to any trade talks until the US withdraws its tariffs, but which of the World's two superpowers will blink first and bring the growing trade war to a halt?Rahul Tandon finds out how children's Christmas presents could fall victim to the US-China trade war, as President Trump's tariffs threaten to disrupt the global toys market.As the situation in Kashmir develops and Pakistan suspends all trade with India, we hear from Uzair Younhis on what the economic impact will be on Pakistan if India suspends its water flow down the Indus River.Meanwhile, there's concern for the survival of Africa's shea nut tree which provides an income for millions of women.The latest business and finance news from around the world, on the BBC.
With China open to talks and the US Treasury secretary hinting at a deal, Rahul Tandon talks to economists and trade specialists about the likelihood of a thaw in relations. And we look ahead to the Australian elections.
Key figures in the global economy have been speaking about the potential impact of a trade war between the World's two largest economies, initiated by President Donald Trump's tariffs.The World Trade Organisation is forecasting that global trade will fall this year, and its director general, Ngozi Okonjo- Iweala, warned that a trade war between the US and China could affect all countries worldwide.Rahul Tandon finds out how Chinese manufacturers are concerned about tariffs, and speaks to an aviation specialist about why a bathroom problem is set to cost Boeing millions of dollars.And we hear how the remote Pacific island nation of Tuvalu celebrated the unveiling of its first cash machine.
The World Trade Organisation's director general, Ngozi Okonjo- Iweala, has warned that a trade war between the World's two largest economies could affect all countries globally. Rahul Tandon speaks to a boat building business in Michigan who fear the US-China tariff war could force it to shut down. And we hear about the latest developments in both Japan and Bangladesh's trade negotiations with the US. The latest business and finance news from around the world, on the BBC.
In a dramatic change of policy, US President Donald Trump hikes China tariffs to 125% on goods entering the United States. Most other countries will now see a 90-day pause on higher import taxes. The pause means a "universal 10%" tariff will be in place for all countries, other than China, the White House said.Markets soared following the announcement with all three main US indices closing up more than 6%. Throughout the program, Rahul Tandon will be joined by two guests: Emily Peck, Axios US Markets correspondent in New York, and Han Lin, The Asia Group China Country Director in Shanghai.
A former chief economist at the World Bank believes that the USA's tariffs on its largest trading partners could lead to many countries being pushed into recession. Rahul Tandon speaks to a shrimp and seafood harvester based off the US Gulf Coast who feels President Trump's policies is a positive for their sector. Elsewhere we hear from a Canadian auto worker and a fashion business owner in Indiana on what any US-China tariff war might mean for them. The latest business and finance news from around the world, on the BBC.
We speak to experts in the world's two largest economies - the USA and China - about the impact of a tariff war, and whether stock markets around the globe will continue to fall as we saw on Monday. Rahul Tandon speaks to a footwear designer in California on how any international tariff battle will affect their business. And we find out about the housing crisis in Spain that led to hundreds of thousands of demonstrators take to streets across the country over the weekend. Global business news, with live guests and contributions from Asia and the USA.
The US stock markets ended on a fall to complete a volatile day for economies around the World. President Donald Trump's tariffs have been felt in markets around the globe, with the Americas, Europe and Asia all shaken after a volatile day. Rahul Tandon speaks to an small business in California on how the impact of any tariff battle will affect their business. The latest business and finance news from around the world, on the BBC.
President Donald Trump has announced comprehensive new import taxes on all goods entering the United States, marking a significant shift in global trade policy. The proposal establishes a minimum tariff rate of 10 percent on all imports. Rahul Tandon gathers reactions on the potential implications of these tariffs.
US President Donald Trump has announced a sweeping set of new tariffs targeting countries that export products to the United States. The announcement includes a significant 34 percent tariff on imports from China and a 20 percent tariff on goods from the European Union. The White House stated that the tariffs are designed to be ''reciprocal'', aiming to address what it views as unfair trade practices. Rahul Tandon gets reactions on the potential impact of these tariffs.
The Canadian prime minister, Mark Carney, has said the United States is no longer a reliable partner after President Donald Trump imposed 25% tariffs on car imports. Rahul Tandon speaks to businesses in both the US and Canada. China's biggest company, Tencent Holdings, has made more than a billion-dollar investment in a new spin-off company of the French gaming giant Ubisoft, which owns franchises including Assassin's Creed and Tom Clancy's Rainbow Six.And if you speak a language other than English, are there terms that English just doesn't have or can't do justice to? Well, the Oxford English Dictionary feels your pain, and so it's incorporating "loan words" – words that would be coined as "untranslatable". We will be joined throughout the programme by two guests on opposite sides of the world – Dante Disparte, Head of Policy at the Libra Association, who is in Washington, and Sushma Ramachandran, an independent business journalist and columnist for The Tribune, who is in Delhi, India.
The Canadian prime minister, Mark Carney, has said the United States is no longer a reliable partner after President Donald Trump imposed 25% tariffs on car imports. Rahul Tandon speaks to businesses in both the US and Canada. China's biggest company, Tencent Holdings, has made more than a billion-dollar investment in a new spin-off company of the French gaming giant Ubisoft, which owns franchises including Assassin's Creed and Tom Clancy's Rainbow Six.
The Canadian government says it will follow ‘dollar-by-dollar' approach and institute 25% tariffs on US imports. This comes after the EU announced its own tariffs on US goods. President Trump says "whatever they charge us with, we're charging them". Rahul Tandon speaks to EU, Canadian and US businesses.Spotify paid out a record £7.7 billion to the music industry last year.And why does the internet have a memory problem?
The Canadian government says it will follow ‘dollar-by-dollar' approach and institute 25% tariffs on US imports. This comes after the EU announced its own tariffs on US goods. President Trump says "whatever they charge us with, we're charging them".So what do EU, Canadian and US businesses think? Rahul Tandon finds out.
Canada and the United States have each backtracked on some tariff threats amid further trade turmoil. But America still plans a 25% tariff on Canadian steel and aluminium imports on Wednesday.As the world awaits to hear if Russia will agree on a ceasefire, we hear what it could mean for Ukraine's economy.Why is China's president pushing for the country to be a global leader of AI by 2030? And, as Manchester United plans to build a $2 billion stadium, Rahul Tandon asks can they afford it?
Canada and the United States have each backtracked on some tariff threats amid further trade turmoil. But America still plans a 25% tariff on Canadian steel and aluminium imports on Wednesday. We hear what a ceasefire could mean for Ukraine's economy. And, as Manchester United plans to build a $2 billion stadium, Rahul Tandon asks can they afford it?
How are tariffs fuelling the decline in US markets and Canadian patriotism? US markets are down today after President Trump refused to rule out recession in an interview. The Nasdaq suffered its worst day in several years, closing down by four percent.The tariffs have also prompted a surge in Canadian patriotism. Rahul Tandon speaks to an app developer making buying local easier. And why are we talking about instant noodles?
US markets are down today after President Trump refused to rule out recession in an interview — could uncertainty over tariffs and the economy be fuelling the decline? The Nasdaq suffered its worst day in several years, closing down by four percent.How are the on-again, off-again tariffs affecting businesses? Rahul Tandon speaks to an American seafood wholesaler who imports oysters from Canada.And President Trump wants to take over Greenland - why?
Ports in the United States are experiencing ‘record levels of activities' due to the tariffs and businesses trying to stock up to avoid the threat of tariffs and trade war. Bitcoin makes it big in Washington as President Trump establishes an official government cryptocurrency reserve office after meeting with crypto business leaders in the White House.And also we hear about hundreds of female tennis players on the WTA tour will be eligible for twelve months' paid maternity leave. Rahul Tandon will be joined throughout the programme by two guests on opposite sides of the world. In Buenos Aires, Argentina, Fermin Koop, environment and climate reporter; and in Lahore, Pakistan, Mehmal Sarfraz, journalist and analyst.
The wildfires in Los Angeles continue to devastate communities, burning more than 1,000 structures and putting pressure on insurers. Could this be the tipping point for California's insurance market? Also, China's inflation slows adding to concerns after government efforts to boost the economy.Plus, in Las Vegas, we explore cutting-edge innovations unveiled at the Consumer Electronics Show.Rahul Tandon joined throughout the programme by two guests on opposite sides of the world - Katia Dmitrieva in Hong Kong and Michael Malone in the US.
Are US interest rates cuts coming to an end? Stock values are hit but the value of the US dollar jumps, after Federal Reserve warns any future interest rate cut could be some time away. Also on World Business Report, Rahul Tandon hears how the US Supreme Court will hear an appeal by TikTok's owner Bytedance. As things stand TikTok's US operations must be sold by January 19th, the day before Donald Trump's inauguration as US President. And learn how Finland has become a global hub thing for all things Christmas.
Damascus Chamber of Commerce says the interim government pledges to open up the economy and re-establish international trade links. Also, Luigi Mangione, the man accused of murdering Brian Thompson, the chief executive of UnitedHealthcare, has been denied bail. And what impact is South Korea's political instability having on its economy?Rahul Tandon is joined by Sarah Birke, The Economist's Bureau Chief for Mexico, Central America and The Caribbean, and Simon Littlewood, president of ACG Global Growth Delivered in Singapore.
Syrians are calling for sanctions to be lifted so international trade can resume and its economy can be rebuilt. Also, China launches an antitrust investigation into Nvidia, the world's most valuable maker of computer chips. And, baseball player Juan Soto has agreed a $765m deal with the New York Mets, the biggest contract awarded in the the history of sport.Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Sergio Guzman, director of Colombia Risk Analysis in Bogota, and Yoko Ishikura, Professor Emeritus of Hitotsubashi University in Tokyo.
At the G20 Summit in Rio de Janeiro, Chinese President Xi Jinping urges for more international governance and cooperation on artificial intelligence, warning that AI should not be a "game of rich countries and the wealthy.China celebrates the completion of the final phase of a major pipeline bringing natural gas from Russia to China, which marks a significant step in the countries' energy ties.And in a pioneering move, Denmark's Green Tripartite Minister, Jeppe Bruus, explains why the country is introducing the world's first tax on livestock emissions. Rahul Tandon is joined by Jennifer Pak in China and Peter Morici in the U.S.
On the programme,the G20 summit begins in Rio de Janeiro, focusing on mobilising finance, boosting investments, and reinforcing the global financial safety net.Also, Denmark's Green Tripartite Minister, Jeppe Bruus, speaks with Rahul Tandon about the world's first tax on livestock emissions and the reasons behind this groundbreaking decision.Plus, India's Supreme Court rebukes Delhi authorities for delays in implementing pollution controls as the chief minister calls the severe air quality in northern India "a medical emergency."
America's central bank has announced a quarter-point rate cut - rates down to 4.5% from 4.75%. It's been the second time in a row that the US Federal Reserve has lowered interest rates. Mostly because the inflation continues to ease and a Trump presidency hangs over the central bank. We hear from economists what will happen next. Also, Rahul Tandon talks to Everett Eissenstat, a former Trump trade adviser. And we look at German economy and find out why Australia plans social media ban for under-16s. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
America's central bank has announced a quarter-point rate cut - rates down to 4.5% from 4.75%. It's been the second time in a row that the US Federal Reserve has lowered interest rates. Mostly because the inflation continues to ease and a Trump presidency hangs over the central bank. We hear from economists what will happen next. Also, Rahul Tandon talks to Everett Eissenstat, a former Trump trade adviser. And we look at German economy and find out why the Japanese car giant Nissan has announced plans to cut 9000 jobs from its global workforce.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Hours before the US elections we take a look at the different economic routes proposed by Donald Trump and Kamala Harris, and their differing views on taxes, tariffs and inflation. A lot of money has been spent on campaigning and advertising. We find out how much. And what does the US presidential election mean for world trade? We hear from our correspondent in the US. Rahul Tandon discusses these and more stories with two guests on opposite sides of the US: Peter Morici, Economist at the University of Maryland, and Allie Garfinkle, Los Angeles-based Senior Finance Reporter at Fortune.
Kamala Harris and Donald Trump are making whirlwind tours of key battleground states in the final week of campaigning. Opinion polls show the candidates are neck and neck. Rahul Tandon looks at the swing state of Michigan and examines what really matters to voters there. In the UK, the Chancellor has delivered the first budget of the new Labour government. It was seen as a key moment for the economy, with some describing it as the most important budget for years as the government raised taxes by over $50 billion. Also, millions of people will be celebrating Diwali which can lead to an increased demand for gold. But with the price at record highs is demand for gold falling? Rahul is joined by Dana Peterson, Chief Economist at global nonprofit thinktank The Conference Board, and Tony Nash CEO and founder of Complete Intelligence.
The UK's new Labour government has announced its first budget with big tax rises it says are needed to restore public services. Rahul Tandon examines whether a single budget has the power to transform an economy, and the challenges facing many high-income countries as they wrestle with budget holes and high debt. Elsewhere, embattled car giant Volkswagen reports a drop in profits, coming soon after reported layoffs and plant closures. Also, the Bank of Japan is set to announce interest rates, the first meeting since the country's snap election. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you.
Japan's Prime minister Shigeru Ishiba has said he will not step down despite failing to win a majority in Sunday's elections. We examine the market's reaction to the loss and look ahead to whether the opposition parties could form a ruling coalition. We look at Pennsylvania, one of the crucial swing states that may decide US the election. Rahul Tandon examines the shifting voter demographics in industries such as steel manufacturing and trucking. Also, in Germany, Volkswagen plans to close three plants, lay off thousands of workers and cut pay by 10%, according to trade unions in negotiations with the car giant. Rahul is joined by Stephen Nagy, Senior Associate Professor at the Department of Politics and International Studies, International Christian University, Tokyo and Anneke Green - Republican Political Strategist at Reach Global Strategies and former political speech writer.
Canada has just announced plans to change its migration policy. The government will reduce permanent residency by 21% from 2025. Migration is a global political issue but it is also an economic one. We get the reaction from the Canadian chamber of commerce Diana PalmerÃn Velasco.Also, Rahul Tandon looks at the US economy and speaks to democratic economist Bharat Ramamurti. And we find out how potential US tariffs on China could impact businesses.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Migration is a global political issue but it is also an economic one. Canada has just announced plans to change its policy. The government will reduce permanent residency by 21% in 2025.We will get reaction from the Canadian chamber of commerce Diana PalmerÃn Velasco.Also, Rahul Tandon looks at a final day of the BRICS summit in Kazan. And find out how the US elections will impacting businesses.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Rahul Tandon chats to a hospitality boss as new tipping laws mean all the money has to go to staff. And is forty-five pounds enough to get you to a sperm bank?