(Global Edition) From the BBC World Service ... Iranians have taken to the streets in some of the biggest anti-government protests the country has seen in years. One thing underlying their discontent? A sluggish economy that hasn't seen the expected benefits from the lifting of U.S. sanctions. Afterwards, Egypt's leading cleric has issued a fatwa against the cryptocurrency bitcoin, saying it violates Islamic law. Then, as of Monday, China has banned the import of foreign plastics. The country has long been the final destination for Western trash — so where will discarded plastics now go?
(Markets Edition) Goldman Sachs recently announced it would take a $5 billion tax hit from the GOP overhaul, a loss that mostly comes from its move to bring home money it had stashed overseas. But analysts expected this, and under the new tax law, the money is subject to a lower tax rate than before. Karen Petrou, co-founder of Federal Financial Analytics, joined us to discuss how companies might use the money they bring back to the U.S., and what indicators we should look for to figure out if these tax cuts are actually stimulating the economy. Afterwards, we'll look at how climate change might affect the airline industry, and then discuss what the recent hurricanes mean for cruise line companies and tourism.
(U.S. Edition) New year, new laws. In California, an additional 2 million workers will have access to expanded family leave beginning today. We'll look at how this new measure could benefit employees *and* businesses. Afterwards, we'll dive into the GOP's tax overhaul again: the bill gets rid of a deduction that you could take on donations made to secure college sports season tickets. Plus, we talk with Reva Goujon — vice president of global analysis for Stratfor Worldview — about key trends that are likely to influence world politics and markets. Keep an eye on North Korea's nuclear capabilities, the Iran nuclear deal, Italy's economy, and U.S. trade relationships.
(Global edition) From the BBC World Service … Nearly everyone makes a New Year’s resolution, but how many actually keep theirs? If one of your goals is to be a better businessperson, we’ll tell you how to navigate jargon and cut meaningless phrases from your vocabulary. Afterwards, the world is changing fast and 2018 could finally bring driverless cars to a mainstream market or even more consolidation in the retail industry. We’ll tell you what industries and regions of the world could break new ground this year.
(Markets Edition) The GOP tax overhaul will decrease the corporate tax rate, which proponents of the bill have argued is much lower in other countries. But China recently announced foreign firms will not have to pay taxes on their earnings. We'll examine whether this move will make U.S. companies want to stay in China. Afterwards, we'll discuss the tax bill's effects on Puerto Rico — now income from patents and other intellectual property on the island will be considered foreign income. Then, we'll look at how one Dallas nonprofit is training people who are visually impaired to work with textiles.
(U.S. Edition) South Korea says it's seized a Hong Kong-registered ship suspected of supplying oil to North Korea. On today's show, we'll recap the details of the incident. Afterwards, we'll look at the state of the for-profit prison sector after President Trump rejected the Obama administration's pledge to phase out their use by federal authorities. Plus: We end our week-long series on how different five American cities and territories have been coping with natural disasters that occurred this year. Isidro Negron Irizarry, the mayor of San German, Puerto Rico, told us whether he was satisfied with the pace of recovery and how different sectors of the economy have been doing.