(Global Edition) From the BBC World Service...Netflix has lost an EU court fight to overturn German film tax rules. With European content quotas for steaming services in the pipeline and Netflix frozen out of Cannes, is the tide now turning against America’s tech giants? Then, the government in Venezuela has seized a plant owned by the US-based cereal producer, Kellogg's, after it said it was pulling out of the country because of the economic crisis. And, Zimbabwe is preparing for national elections. But will they provide a fresh start for many of the country's white farmers, who were violently forced off their land under former president Robert Mugabe? (05/16/2018)
(Markets Edition) Interest rates moved sharply higher this morning (Tuesday, May 15, 2018) after a solid retail sales report. What does this mean for consumers? Then, we’ll hear a Michigan manufacturing CEO’s thoughts on tariffs ahead of the office of the United States Trade Representative's hearing on the topic. And, emergency rooms are often the first places people end up during a mental health crisis, but hospital officials say many ERs aren’t equipped to help.
(U.S. Edition) For three days starting today (Tuesday, May 15, 2018), the office of the United States Trade Representative will hear sharply diverging views from American businesses about $50 billion worth of China tariffs. We hear from the CEO of a Michigan manufacturer, Lucerne International, who says tariffs could cripple the company's supply chain. Then, we check in on Germany's economic growth over the last three months (it's not what analysts expected). Finally, with all the talk of immigration reform, one of the president’s immigration proposals has gotten less attention lately: Trump and many republicans want to eliminate a law that lets naturalized U.S. citizens sponsor their parents and siblings for permanent residency in the United States. How exactly does family-based immigration affect the economy?
(Global Edition) From the BBC World Service for Tuesday, May 15, 2018: Turkey’s ailing lira has hit a fresh low against the U.S. dollar. President Erdogan issued a direct challenge to the central bank’s independence. But why does the country’s premier believe higher interest rates are “the mother of all evil?" Then, European ministers are meeting to try to salvage the Iranian nuclear deal. We take a look at the economic and political tools the EU can deploy to circumvent US secondary sanctions. Finally, why bankrupt Toys R Us is selling a series of domain names they hoped would never be used.
(Markets Edition) Trump has plans to ease up on his seven-year ban of ZTE, a Chinese telecommunications company. We'll look at how international trade experts are reacting to the news. Afterwards, we'll discuss a study that shows a majority of people don't know the interest rates on their credit cards, and then explore why there are lower airfares to destinations across the Atlantic.
(Global Edition) From the BBC World Service … After two months of protracted negotiations, two anti-establishment parties in Italy are close to forming a government. With both promising to rip-up reforms and splash the cash, will their policies hurt or hinder the eurozone’s third largest economy? Professor Enrico Colombatto at Turin University analyzes what's next. Then, oil giants Royal Dutch Shell and Eni are in court today over corruption charges relating to a $1.1 billion Nigerian oil deal. Barnaby Pace at Global Witness has been following the case. And, the time-honored method of using windmills to grind grain in the Netherlands has earned UNESCO protection, joining Naples' pizza spinners and Spain's flamenco dancers. But fears remain that these windmills may all turn into tourist attractions if more young people don't learn how to run them. The BBC's Anna Holligan reports.