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Money Talks episodes

  • Singapore economy grows 7.2% in 2021, beating forecasts
    Singapore's economy grew faster than expected in the fourth quarter, as the city-state emerged from the worst recession in this history. GDP expanded 5.9% in the final three months of 2021. That brought the full-year number to 7.2%, a significant turnaround from a more than 5% contraction the year before.
    Yun Liu joined us live from Hong Kong. She's an economist who keeps track of Singapore for HSBC.
    #SingaporeEconomy #SingaporeGDP #SingaporeCovid
    4 min
  • Private firms make history with commercial space flights | Money Talks
    Space travel took a big leap forward in 2021. Private companies began sending tourists to the edge of the Earth's atmosphere and beyond over the past year. And these firms, which are backed by the world's richest people, want to make these trips routine in the coming years to meet demand from wealthy customers.
    Per Wimmer is a future astronaut who signed up 16 years ago for one of Virgin Galactic's upcoming flights to the edge of space. He says critics should look at the bigger picture to see the many benefits the industry can produce.
    #SpaceTourism #SpaceTravel #SpaceFlight
    5 min
  • Tesla, EV makers' valuations soar amid 2021 sales boom | Money Talks
    The world's biggest car companies are investing billions of dollars over the next few years to update their model line-ups with electric vehicles. More EVs were sold in 2021 than ever before, and that growth isn't slowing down. Clean cars are becoming more accessible and affordable. They've also gotten more desirable, particularly among consumers anxious about their carbon footprints. As Paolo Montecillo reports, the shift has cleared the road for the likes of Tesla and other young car companies to enter the market and challenge its decades-old giants.
    Daniel Ives is the managing director of Wedbush Securities in New York. He tells us what to expect in terms of growth in EV sales, and which companies will benefit the most.
    #ElectricVehicles #ElectricCars #Tesla
    6 min
  • Several cryptocurrencies hit record high prices in 2021 | Money Talks
    The market value of cryptocurrencies shot up as high as 3 trillion dollars this year. That's as hedge funds, governments and mum and dad investors looked for new ways to sustain and build their wealth. But many are concerned about the lack of regulation in the market, as well as the environmental impact of crypto mining. As lawmakers try to strike a balance between effective oversight and technological innovation, it appears price volatility will remain the hallmark of cryptocurrencies.
    Financial economist, Alex de Vries joined us from Almere, the Netherlands. He explained how government regulations around the world could affect cryptoassets' legitimacy.
    #Cryptocurrency #NFT #BitcoinMining
    6 min
  • Vaccine inequality remains prevalent amid new variants | Money Talks
    2021 saw the global rollout of vaccines against COVID-19. They have had a significant effect in reducing infection, illness and deaths although the Omicron variant may reduce their efficacy. New anti-viral treatments are also being approved and will be distributed at the start of 2022. But not everyone in the world has had access to vaccines with a significant shortage of supply in the developing world. Scientists say for as long as that is the case, the emergence of new variants like Omicron will remain a serious threat.
    Doctor Bharat Pankhania is a senior clinical lecturer at the University of Exeter Medical School. He told us more about how developed countries have failed to deliver their promises of immunising the rest of the world.
    #Vaccine #CovidVariants #CovidTreatment
    6 min
  • Cost of extreme weather events surged in 2021 | Money Talks
    2021 is expected to be one of the seven hottest years in recorded history. The past 12 months of extreme weather events have shattered records and cost lives around the world. But among the destruction, there is hope. As Sarah Morice reports, this year's COP26 climate change conference may not have delivered all that was wished for, but it does leave the world with a fighting chance.
    Bob Ward is the Policy and Communcations Director at the London School of Economics Grantham Research Institute on Climate Change and the Environment. He told us more about the economic toll of extreme weather events.
    #ClimateCrisis #COP26 #ExtremeWeather
    7 min

About Money Talks

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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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