Money Talks

Beef prices are spiking in the US and Australia after a cyberattack on the world's largest meat producer forced its operations in both countries to shut down. JBS blames Russian hackers for the weekend attack. While the Kremlin has pleaded ignorance, it's under increased pressure to crack down on cyber criminals operating out of the country. Mobin Nasir reports. TRT World Senior Business Producer Mobin Nasir unpacked the story.

#MeatPrices #CyberAttack #JBS

The UK has always been a nation of dog lovers but the lockdowns of the past 15 months have taken that love to a whole new level. More time at home has meant more people adopting pets. And it's meant the number of services to cater for our four-legged friends has grown too. Matt Gooderick reports from London, where dogs can now look forward to the five-star treatment.

#UKpetcare #PamperedPets #DogLovers

After 13 days, the Sri Lankan Navy has finally extinguished a fire that engulfed a cargo ship off the coast of Colombo. The hazardous materials on board spilled into the sea, causing one of the worst environmental disasters in the nation's history. And authorities haven't even completed their full assessment of the damage. Paolo Montecillo has more.

#SriLanka #ShipFire #PlasticPollution

To Malaysia now, where a new two-week nationwide lockdown has come into effect on Tuesday. The country is battling with its worst outbreak of COVID-19 since the pandemic began more than a year ago. Rahul Radhakrishnan has more details.

#Malaysia #COVID19 #LockdownRestrictions

India's economy grew 1.6-percent in the first three months of the year compared with the previous quarter, but there are fears those gains could be wiped-out as a deadly second wave of COVID-19 infections continues to rage. Those at a higher risk include at least 400-million people who, according to UN estimates, live under the poverty line. Dominic Brian Omondi looks at how they're trying to survive during the pandemic. For more on this, we spoke to business strategy specialist, Harish Bijoor, who joined us now from Bengaluru in India.

#IndiaPoverty #Pandemic #IndiaEconomy

The lifting of lockdowns and government stimulus spending in many major economies is encouraging oil producers to ramp-up output. In a meeting on Tuesday, the Organization of Petroleum Exporting Countries and their partners decided to ease supply cuts put in place at the height of the pandemic last year. The decision comes even as some economies are facing a resurgence in COVID-19 cases. Mobin Nasir reports. We spoke to Jonathan Lamb in London. He's a senior oil and gas analyst at Wood and Company.

#OilPrice #OPEC #BrentCrudeOutput

Supply chains around the world are struggling to keep pace with demand. Ports are handling unprecedented volumes due to the uptick in e-commerce and rebound in manufacturing after coronavirus-related closures. The Port of New York and New Jersey, the third-busiest in the US, recently welcomed a gargantuan container ship. Fred Katayama takes a closer look at how the harbour is managing this rising tide of imports and the implications for the shipping industry. For more on this, Chief Shipping Analyst at BIMCO - Peter Sand joined us now from Copenhagen in Denmark.

#Pandemic #ShippingCosts #ECommerce

China is one of the world's largest markets for luxury goods, but it's also where the best counterfeits are made. And as Motheo Khoaripe reports, one company in Beijing has made it its business to teach people how to spot even the most convincing fake.

#China #LuxuryGoods #Fakes

Rural Australia has suffered through drought, fires and floods in the past few years. And just when farmers had managed to catch a break with good weather conditions, disaster has struck again. A mice plague of epic proportions is causing millions of dollars in damage, and a warning, the pictures in this story may be distressing. Floyd Cush reports.

#AustralianFarmers #MousePlague #Crops

Supply chains around the world are struggling to keep pace with demand. Ports are handling unprecedented volumes due to the uptick in e-commerce and rebound in manufacturing after coronavirus-related closures. The Port of New York and New Jersey, the third-busiest in the US, recently welcomed a gargantuan container ship. Fred Katayama takes a closer look at how the harbour is managing this rising tide of imports and the implications for the shipping industry. For more on this, Chief Shipping Analyst at BIMCO - Peter Sand joined us from Copenhagen in Denmark.

#ShippingPorts #OnlineSales #Pandemic