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Money Talks episodes

  • Pandemic-hit US economy contracts 3.5% in 2020 | Money Talks
    After being battered by the COVID-19 pandemic, the world's largest economy posted a modest recovery in the last three months of 2020. US GDP grew four-percent in the fourth quarter, but that wasn't enough to save the economy from an overall contraction for the year. And with the coronavirus still raging across the country, the Federal Reserve doesn't see a speedy economic recovery any time soon. Mobin Nasir reports. For more on this, Matt Maley joined us from Newton, Massachusetts. He's managing director and equity strategist at Miller Tabak.
    #USeconomy #Biden #Coronavirus
    8 min
  • Boeing reports record annual loss of $12B in 2020 | Money Talks
    Boeing has hit a new low point, at least financially. The company has reported record annual losses following two deadly crashes involving its most popular aircraft, and weak demand due to the pandemic. The plane maker recorded close to $12 billion in losses in 2020. Its prospects further dimmed as it announced delays in the delivery of its new Triple-7-X jetliner to 2023. The company's fourth quarter revenue took a 15-percent nose dive, plunging by 15-billion- dollars to 58.2-billion- dollars. We were joined by aviation analyst, Alex Macheras who joins us now from London
    #Boeing #737MAX #TravelRestrictions
    5 min
  • Poor countries only expected to be fully vaccinated by 2024 | Money Talks
    Most poor countries will only complete vaccination of their populations against COVID-19 in 2024. That's according to a new forecast by the Economist Intelligence Unit. It also predicts a only handful of developed countries will be fully vaccinated by the end of this year while others play catch-up. Natasha Hussain explains who's ahead and who's behind in the race to vaccinate.
    #EmergingEconomies #VaccineShortage #Poverty
    3 min
  • EU caught in row with AstraZeneca over vaccine delays | Money Talks
    One hundred million people around the world have tested positive for COVID-19, just over a year after the disease was first detected. Pharmaceutical firms developed vaccines for the virus in record time, and these inoculations have become the world's most sought-after commodity. And in the rush to get shots into people's arms, companies are coming under increased pressure to deliver. Paolo Montecillo has more. For more, we spoke to Doctor Alan Maryon-Davis. He's an honorary professor of public health at King's College, and joins us from Salisbury in the UK.
    #AstraZeneca #Vaccine #EU
    8 min
  • French vegan chef becomes first to win Michelin star | Money Talks
    Michelin recently handed out its latest round of coveted stars for restaurants in France. The annual publication is the go-to guide for food connoisseurs. All of the country's three-star chefs have maintained their top status. But as Miranda Lin tells us, a newcomer is shaking up the scene by going with the grain.
    #MichelinStar #VeganMenu #ClaireVallee
    3 min
  • Automakers slow production amid semiconductor shortage | Money Talks
    Car makers around the world had hoped 2021 would be the year their production would return to pre-pandemic levels. But they've hit a roadblock due to the shortage of chips that control everything from speedometers to entertainment systems. And it's a crunch that's only expected to get harder to navigate. We spoke to Malcolm Penn. He's a global semiconductor industry analyst, and runs the research firm Future Horizons in London.
    #ChipShortage #TechComponents #CarManufacturers
    8 min
  • International Monetary Fund lifts 2021 global growth outlook | Money Talks
    The International Monetary Fund has upgraded its outlook for the global economy in 2021 on the back of a vaccine- powered pick-up. But, it’s warned a resurgence in COVID-19 infections and new variants of the virus still threaten the global economic recovery. The IMF expects the global economy to grow by 5-and- a-half percent this year and 4.2 percent in 2022 following last year’s contraction. It expects China to lead the recovery with GDP growth of 8.1 percent due to its early success in containing its COVID-19 outbreak and public investment. The US and Japan are projected to reach pre-pandemic output levels in the second half of this year. For more on this we were joined by Professor Kerem Alkin, an economist and Dean of Business at Istanbul Medipol University.
    #IMFoutlook #GlobalEconomicGrowth #CoronavirusPandemic
    8 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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