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Money Talks episodes

  • Struggling US businesses await more government support | Money Talks
    The US Senate has delayed voting on a stimulus package, while Republican and Democratic party leaders continue to negotiate its terms. Talks over the relief measures stalled for several weeks, but both sides say they are now close to agreement. That's driving up US stocks, but if there's no deal soon, thousands of workers in the aviation and other industries could lose their jobs. Mobin Nasir reports.
    #UnitedStates #StimulusPackage #CoronavirusImpact
    7 min
  • Saudi Arabia's GDP contracts by record 7% in Q2 | Money Talks
    Falling international oil prices and lower domestic spending are taking a toll on Saudi Arabia's economy. The country's GDP contracted by seven percent in the second quarter compared to the same period, last year. Unemployment has also soared to a record high which could hinder plans to reduce dependence on oil exports and boost jobs in other sectors of the economy. For more on this, Ellen Wald joined us from Jacksonville, Florida. She's president of Transversal Consulting.
    #SaudiArabia #OilPrices #SaudiEconomy
    5 min
  • Candidates clash on economic recovery from COVID-19 crisis | Money Talks
    The US presidential election comes at a time of extreme economic turbulence. Ravaged by COVID-19 and with 26 million people unemployed, the International Monetary Fund expects an 8-percent contraction in GDP this year. In the wake of a scrappy and heated presidential debate, Katie Gregory breaks down Donald Trump and Joe Biden's plans for reversing the fallout and restoring long-term economic growth. For more, we spoke toJason Nichols in Elliot City, Maryland. He's a Democratic strategist and a lecturer at the University of Maryland. And joining us from Bethany Beach in Delaware is Trump Campaign Chair Rob Arlett.
    #USpresidentialelections #DonaldTrump #JoeBiden
    15 min
  • UN: Africa loses $89B a year to illicit financial practices | Money Talks
    Africa loses $89 billion a year to illegal financial practices. These include the misinvoicing of trade shipments, tax avoidance, corruption, and theft. The findings are part of a report by the UN Conference on Trade and Development. It's assessed the funds flowing in and out of African countries between 2013 and 2015. Agnes Gitau is a partner at the trade and investment advisory firm GBS Africa. She says this theft is depriving the continent of development.
    #IllicitFinancialFlows #Corruption #EconomicDevelopment
    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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