Money Talks

Turkiye has launched its first domestically developed intelligence ship. The A-591 Ufuk is the country's latest efforts to strengthen its maritime capabilities and compete internationally.

#TCGUfuk #IntelligenceShip #TurkishNavy

- Eurozone trade balance swings into $1.7B deficit in November

- US venture capital investments hit record high in 2021

- JPMorgan reports 14% fall in Q4 net profit to $10.4B

#EuropeTrade #VentureCapital #JPMorgan

- Turkiye's industrial output, retail sales rise in Nov

- Aramco increases foothold in Poland and Europe

- Kardashian, Mayweather sued over crypto scam

#TurkishEconomy #SaudiAramco #KimKardashian

US inflation hit its fastest pace in almost four decades last year as supply chain bottlenecks, demand imbalances and monetary stimulus all helped to keep prices elevated. In December, inflation rose 7%, up from 6.8% in November. That was the fastest rise since 1982 and marked the third straight month in which inflation exceeded 6%.

OANDA senior market analyst, Craig Erlam joined us from London.

#UnitedStates #Inflation #USDollar

The World Bank says the coronavirus pandemic will continue to hurt global growth through the end of next year. That's as commodity prices continue to soar and governments scale back support for people and businesses. It expects the world economy to grow just 4.1% in 2022 and 3.2% in 2023, compared to 5.5 percent last year.

IHS Markit Executive Director, Rajiv Biswas joined us.

#WorldBank #GlobalEconomy #EconomicOutlook

- China's inflation slows as commodity prices fall

- Citigroup to exit Mexico retail banking

- Getir reportedly seeks funding with $12B valuation

#ChinaInflation #Citigroup #Getir

While the COVID-19 pandemic has negatively impacted several sectors in China, one is blooming. The country's flower industry is worth around 25 billion dollars and it's creating social media stars out of some of the country's top flower sellers.

#FlowerMarket #FlowerInfluencer #FlowerEcommerce

Now to a milestone in medicine: In a world first, doctors in the US have successfully implanted the heart of a pig into a human being. The man who got the pig's genetically modified heart, has now survived for several days and hopes to go home soon.

#HeartTransplant #Xenotransplantation #DaveBennett

High-level talks in Geneva between the US and Russia have now ended. And as predicted by each side - there was no breakthrough on Ukraine's border crisis. Russian troops remain massed at its border with Ukraine, still stoking fears of invasion. And the US insists NATO will not limit membership to anyone.

Gregory Simons is an associate professor at the Institute for Russian and Eurasian Studies at Uppsala University in Sweden. He explains why finding a breakthrough between Russia and Ukraine will be so difficult.

#Russia #Ukraine #UkraineTensions

The global economy may be on the mend, but policymakers and experts around the world aren't sure just how much conditions will really improve this year. The World Economic Forum's latest Global Risks Report shows an overwhelming majority of business leaders are pessimistic about the next 12 months. They say the pandemic's lasting effects also mean long-term crises, particularly global heating, will be harder to confront.

For more, Saadia Zahidi joined us from Geneva. She's the World Economic Forum's Managing Director.

#GlobalEconomy #2022Outlook #WorldEconomicForum