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From the BBC World Service… Brewer AB InBev is selling its Australian unit to pay down debt. We look at how politicians are using weird and wonderful ways to get out the vote in Ukraine. Plus, how the Apollo 11 mission inspired the next generation of space explorers.
The House votes to eliminate the Affordable Care Act’s “Cadillac tax” on more generous, expensive health plans. The Fed still plans to cut interest rates soon, but does it really need to? Plus, a manager explains why Americans aren’t taking the vacation they’re due.
Home sales to foreign buyers fall. The House is set to vote on raising the federal minimum wage. Plus, will Muslims boycott Hajj in Saudi Arabia over the killing of Jamal Kashoggi?
From the BBC World Service… Central banks in Asia cut interest rates to shore up growth. How Netflix is trying to appeal to global markets. Plus, inside Switzerland’s huge festival of wine.
Does summer market stability belie troubles to come? African-American homeownership is down, but this is a historical, systemic problem. Plus, one activist in the food desert of South Central Los Angeles is taking it upon herself to get healthy food into her community.
The World Trade Organization rules against both the U.S. and China over trade. All this hot weather is lowering worker productivity. Plus, a high-end auction house caters to sneaker heads.
From the BBC World Service… Amazon is preparing to close its Marketplace platform to third-party sellers in China. Plus, Scandinavian countries are famed for combining high tax rates with generous social security benefits. However, an influx of refugees in Sweden has put this Nordic model under stress.
An uptick in retail sales and U.S. factory production shows vigor in the economy. G7 finance ministers take a closer look at Facebook’s global digital currency, Libra. And entrepreneurs in Philadelphia want to bring e-scooters to the city.
Talks continue on a debt ceiling deal. Big Tech faces antitrust questions on Capitol Hill. And as Mexican drug lord Joaquín “El Chapo” Guzmán awaits sentencing, as U.S. puts a price tag on years of violent crime.
From the BBC World Service…Germany’s defense minister Ursula von der Leyen has been making her final pitch to be the next president of the European Commission. The world’s largest education publisher has taken the first step towards phasing out print books. Also, China’s lending around the world has surged in recent decades. A new study lifts the lid on how big China’s “hidden debt” is.
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