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  • UN: Weather disasters rise five-fold in the past 50 years | Money Talks
    Disasters caused by extreme weather have become significantly more frequent over the last 50 years, according to a new report by the UN's World Meteorological Organization. The findings come amid a recent spike in climate-induced disasters around the world, including floods, heatwaves, wildfires and tropical storms. We got more on this now with Denis McClean in Geneva. He's the Spokesperson for the UN Office for Disaster Risk Reduction.
    #UN #NaturalDisasters #ExtremeWeather #ClimateChange
    7 min
  • Sri Lanka declares economic emergency to contain a surge in food prices | Money Talks
    Sri Lanka has declared an economic emergency to contain a surge in food prices. The currency has been plummeting amid a foreign exchange crisis. Private banks have run out of foreign reserves, making it impossible to pay for imported goods. The government has promised to regulate the prices of basic food items, but it's a short-term solution for a country facing mounting debt. For more on this, we spoke to journalist Waruna Karuna-tilake, who joined us now from the Sri Lankan capital, Colombo.
    #SriLanka #EconomicEmergency #FoodPrices #Inflation
    6 min
  • Strong consumer spending, exports drive up Turkey's Q2 GDP | Money Talks
    Turkey's economy is firing on all cylinders. The rollout of vaccines and the easing of lockdown restrictions boosted the country's GDP by 21.7-percent between April and June.. compared to the height of the pandemic in the same period last year. That's the fastest pace since records began 22 years ago. And, as Mobin Nasir reports, the momentum is expected to keep demand for Turkish businesses high through the rest of this year. For more on this, economist Erhan Aslanoglu joins us now from Istanbul. He's also an economics professor at Piri Reis University.
    #TurkeyGDP #ConsumerSpending #PandemmicRestrictions
    8 min
  • Theranos founder Elizabeth Holmes goes on trial for fraud | Money Talks
    Jury selection for the trial of disgraced Theranos founder Elizabeth Holmes has kicked-off in California. She built a multi-billion dollar business on the promise of simplifying the way diseases are diagnosed. But it was too good to be true, and now she faces accusations of fraud that could land her in federal prison. Paolo Montecillo tells us more about her rise and fall. For more on this, we were joined by legal analyst Heather Hansen in Philadelphia. She's a trial attorney and the CEO of Advocate to Win.
    #Theranos #ElizabethHolmes #BadBlood
    7 min
  • Crippled by decades of war, Afghanistan economy faces uncertain future | Money Talks
    The US military operation in Afghanistan has officially ended. The last flight carrying American soldiers out of the country departed on Monday night, in-line with a troop withdrawal deadline agreed between Washington and the Taliban. More than 100-thousand Afghans and three-and- a-half thousand US soldiers and allied service members were killed during the 20-year-conflict. But while the war is over, the suffering of Afghans may continue, unless the Taliban can come through on their promises to form an inclusive government and revive the economy. Mobin Nasir reports. We got more on this with social development expert and former Afghan government adviser, Dr Mohammad Najeeb Azizi. He was also the chairman of Afghanistan's Telecom Regulatory Authority and he joins us now from an undisclosed location to protect his safety.
    #Taliban #AfghanistanEconomy #PoliticalInstability
    13 min
  • Screen time is banned in UK firm's off-grid getaways | Money Talks
    Despite the easing of COVID-19 restrictions in the UK, many Brits are continuing to work from home. But for some, that's made it even more challenging to find a healthy work-life balance. One company hopes its innovative idea will help those struggling to switch-off. Oliver Regan explains.
    #Rest #Screentime #OffTheGrid #UKTourism
    4 min
  • Polio outbreak weighs heavily on fragile healthcare system | Money Talks
    Yemen's civil war is now in its sixth year, and despite international efforts to find a solution, there appears to be no end in sight. While much of the world is focused on COVID-19 inoculations, in one region of Yemen, there are fears that polio vaccine shortages are putting local children at risk. Tayyibe Aydin has the story.
    #Polio #Yemen #RefugeeCamps
    3 min
  • Venezuelans find innovative ways to survive fuel shortage | Money Talks
    Venezuela sits on the world's largest proven oil reserves, yet its ability to produce fuel has been severely hampered by mismanagement, corruption and international sanctions. Motorists have to queue for hours to fill-up and many people who rely on motorised equipment for their livelihoods are being forced to innovate to survive the chronic fuel shortages. Mobin Nasir reports.
    #FuelSupplies #Venezuela #OilProduction
    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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