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  • Trump Organization, CFO charged in tax investigation | Money Talks
    The chief financial officer of The Trump Organization has handed himself in to New York authorities after he was indicted in connection with a tax investigation. State prosecutors have charged The Trump Organization and Allen Weisselberg over tax crimes. It marks the first criminal charge against the former US president's company following a three-year investigation. No charges are expected to be brought againt Donald Trump personally. Frank Ucciardo has this report. We spoke to Michael Zeldin, who's a former US federal prosecutor and host of the podcast 'That Said with Michael Zeldin'. He joins us now from Washington.
    #TrumpOrganization #TaxInvestigation #AllenWeisselberg
    8 min
  • Turkish e-commerce platform raises $700M from Nasdaq IPO | Money Talks
    Global e-commerce leader Amazon has struggled to gain significant market share in Turkey. That's because of the stranglehold local firms have on the domestic market. One of the country's dominant players is Hepsiburada, which went public on the Nasdaq this week. Hepsiburada's CEO Murat Emirdag spoke to us from Istanbul.
    #Hepsiburada #Listing #Ecommerce
    7 min
  • Authorities seek answers as rescue operations grow desperate | Money Talks
    Now to the US state of Florida, where rescue workers are still holding out hope that they'll find survivors of the collapse of a beachside high-rise building. Last week's incident has left more than a dozen people dead, and more than 100 are still missing. State and federal authorities are investigating what caused the building to crumble, and inspecting other buildings in the area. Paolo Monticello reports. For more on this, Kit Miyamoto spoke to us from Davis, California. He's CEO of Miyamoto International, a global structural engineering and disaster management firm.
    #Florida #BuildingCollapse
    8 min
  • Elon Musk launches $10B satellite network, Starlink
    Billionaire Elon Musk is building a satellite network to beam broadband internet around the world. The company doing it is called Starlink, and Musk unveiled it at the Mobile World Congress, with the promise of bringing internet to hundreds of millions of people. Santosh Rao is partner and Head of Research at Manhattan Venture Partners. He joined us from Princeton, New Jersey.
    #ElonMusk #Starlink #SpaceX
    6 min
  • UN: Impact of pandemic on tourism could cost more than $4T | Money Talks
    We begin the programme with a grim outlook from the UN. It says global tourism losses from the pandemic could top four trillion dollars. It also found that slow vaccination roll-outs in developing countries are adding to the mounting economic impact. As Natasha Hussain reports, the UN expects international tourism to only return to pre-pandemic levels in 2023 at the earliest. For more on this, we spoke to chief of the International Trade and Commodities division at the UN Conference on Trade and Development, Carlos Razo in Geneva. He's also the co-author of the tourism report.
    #UN #PandemicRestrictions #TourismRecovery
    8 min
  • Greek authorities find stolen Picasso, Mondrian paintings | Money Talks
    Greek police have recovered two paintings stolen from the country's National Gallery almost 10 years ago. One is by Pablo Picasso, who gave the picture to Greece in recognition of the country's suffering under occupation by the Nazis. The second is by Piet Mondrian, another famous 20th century abstract painter. Simon McGregor-Wood has more.
    #Picasso #Mondrian #StolenArtwork
    3 min
  • Uganda uses drones to deliver medication to remote areas | Money Talks
    For many people living with HIV, securing access to medication is a constant challenge. In Uganda, authorities are putting drone technology at the forefront of their management of healthcare in remote areas, ensuring treatment is available to those who need it in hard to reach areas. Medical drones will be used to deliver drugs to HIV patients in the islands of Kalangala in central Uganda. Solomon Serwanjja reports.
    #Uganda #Drone #MedicalDeliveries
    3 min
  • Canada, northwest US see record high temperatures | Money Talks
    Experts say parts of Canada and the north west of the US are experiencing a heatwave of record highs. Some cities have opened cooling centres where people can escape the soaring heat in air-conditoned buildings. And as Daniel Padwick reports, the unusually hot weather is expected to stay around for at least a week.
    #HeatWave #HighTemperatures #CoolingCentres
    3 min
  • EU: Bloc's GDP to reach pre-pandemic level by next year | Money Talks
    EU leaders say the entire European economy is expected to recover to pre-pandemic levels by the end of next year. Speaking at the Brussels Economic Forum, European Commission President Ursula von der Leyen said vaccines have allowed countries to relax social distancing rules. More than 40 percent of the bloc's adults are fully vaccinated. Government stimulus measures also gave economies a boost. Speaking at the same event, German Chancellor Angela Merkel said the E-U needs to invest more in advanced technologies like artificial intelligence and semiconductor manufacturing. She says this will help give the bloc a technological edge in areas where it's lagged behind the likes of the US and Asia. This comes amid a global chip shortage that has forced European car companies to slow production. For more, we spoke to Bruno Verstraete . He's the chief economist at investment firm Lakefield Partners AG in Zurich.
    #EUleaders #EconomicRecovery #Pandemic
    6 min
  • Ex-South African president sentenced for contempt of court | Money Talks
    Former South African president Jacob Zuma has been sentenced to 15 months in jail for contempt of court. Zuma repeatedly refused to appear at, or co-operate with, an inquiry into allegations of corruption during his almost decade-long rule. Melinda Nucifora has the latest. For more on this, let's speak to Karam Singh who is the Head of Legal and Investigations at Corruption Watch. He joined us now from Cape Town in South Africa.
    #JacobZuma #ConstitutionalCourt #StateCapture
    9 min

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Dedicated to helping our audience navigate the bumpy economic road ahead. With in-depth reports and analysis, Money Talks makes the news your business.

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