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Money Talks episodes

  • UK treasury says economy will contract by 11.3% this year | Money Talks
    UK Chancellor Rishi Sunak has warned that unemployment will hit 7-and- a-half percent as the country's grapples with its worst recession in 300 years.
    He made the grim forecast while delivering his annual Spending Review in the UK parliament. He's promised extra money for re-training the rising numbers of unemployed, for the health service and for defence. But foreign aid has been slashed for the first time in over a decade, and although no tax increases have been announced, everyone knows they're coming, as the full scale of government debt and extra borrowing becomes clear. Simon McGregor-Wood has more. Rajneesh Narula joined us from London. He's a Professor of International Business Regulation at the University of Reading's Henley Business School.
    #UKeconomy #UKspendingplan #Coronavirus
    8 min
  • IATA calls on governments to replace quarantine with testing | Money Talks
    That's as the second wave of the coronavirus outbreak continues to hit major markets. The airline body has called on governments to replace quarantines with wider testing programmes to reopen borders and salvage the industry. The UK has announced it will cut its two-week quarantine to five days from next month, but only if a negative COVID-19 test is provided. Meanwhile, Australia's Qantas says it will require travellers to provide proof of an approved vaccination in order to board flights in the future. IATA is working on launching a digital 'travel pass' which will contain passenger test and vaccine information, as well as travel documents to ensure safer, contactless travel. Chris Goater is an Assistant Director of Corporate Communications for Europe at IATA. He spoke to us from Geneva.
    #IATA #GlobalAirTravel #Coronavirus
    7 min
  • Federal government starts preparing for Biden presidency | Money Talks
    World markets have rallied with the Dow Jones hitting an all-time high after as US President Donald Trump gave his version of a concession. He hasn't admitted defeat just yet, but he's allowing the federal government to start work on the transition to a Joe Biden presidency. As Paolo Montecillo reports, the incoming administration is getting ready to usher in some big changes, which could reshape America's pandemic-hit economy. For more, we spoke to Gregory Daco in New York. He's the chief US economist at Oxford Economics.
    #JoeBiden #FederalGovernment #USpresident
    9 min
  • Tunisian startup developing affordable prosthetics | Money Talks
    The World Health Organization says three in four Africans who need artificial limbs can't get them, because they're too expensive. Even a stripped-down prosthetic can set a family back thousands of dollars. One Tunisian start-up is designing an alternative that has all the functionality of high-tech options, for a fraction of the cost. Paolo Montecillo reports.
    #3DPrinting #Prosthetics #Amputees
    3 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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