(U.S. Edition) The Trump administration is trying to impose new tariffs on imported washing machines and solar products. We'll look at the White House's reasoning behind this, and how China and South Korea are taking the news. Afterwards, with today's kickoff of the World Economic Forum, we'll discuss how global economic growth is doing, and how world leaders feel about President Trump.
(Global edition) From the BBC World Service …There's “grand synchronization” in global growth and a doubling down on efforts to reduce inequality of all kinds. We’ll bring you the very latest from the World Economic Forum in Davos, Switzerland. Then, the Ivory Coast exports more cocoa than any other country in the world…but why is as much as one-fifth of it now smuggled east into neighboring Ghana?
(Markets Edition) The GOP may have succeeded in passing a bill to overhaul America's tax system, but there are still obstacles in the way. Namely the government shutdown that happened on Friday. We'll look at how the shutdown will affect the IRS and its ability to implement the new tax law. Afterwards, we'll talk to Randall Kroszner, a University of Chicago professor who served as a governor of the Federal Reserve from 2006 to 2009, about what the atmosphere was like during the financial crisis. Our interview is part of our new series Divided Decade, where we'll look at how the financial crisis and its aftermath changed America.
(U.S. Edition) Now that the federal government has been shut down, some federal agencies have furloughed workers. With over half of the staff at the Centers for Disease Control deemed "nonessential," we'll look at some of the tasks that may go unmanaged. Afterwards, we'll talk to Yale professor Andrew Metrick about whether the Federal Reserve could have handled the financial crisis better — a conversation that's part of our new project Divided Decade. In the series, we'll explore how the financial crisis and its aftermath changed America.
(Global Edition) From the BBC World Service … Liberia is suffering from rampant unemployment and endemic poverty, but residents are optimistic today about the inauguration of a soccer star-turned-president’s celebrity status, which they hope will bring about a restoration of the nation’s economy. Then, a new report says 82 percent of the world’s wealth went to the richest 1 percent. We’ll dive into income inequality as the World Economic Forum in Davos, Switzerland, kicks off this week. Afterward, Australia has more electronic poker machines than any other country, and it racks up the biggest gambling losses. We’ll talk about why slot machines ensnare society’s most vulnerable citizens.
(Markets Edition) A lack of enthusiasm for older, lower interest rates is pushing bond yields up to their highest point in years. Chris Low, chief economist at FTN Financial, joined us to give us some perspective on what's happening. Next, we're looking at another type of bond: the one you pay to get out of jail. One group is seeking to bond 160,000 out of jail in dozens of U.S. cities over the next several years.