(U.S. Edition) On the occasion of a White House summit for companies on how they can best utilize artificial intelligence, we talk about how regulations lag behind AI, which has broken out of the realm of science fiction and is being used in smartphones, self driving cars and drones. We also talk to the director of the McKinsey Global Institute, which released a new report on the real and practical uses of AI for businesses trying to understand information and supply chains. Plus, China's fourth-largest cell phone brand has halted most of their operations less than a month after the U.S. Commerce Department banned American companies from supplying them parts like microchips, which they rely on. Is it an indicator of a new cold war between the U.S. and China?
(U.S. Edition) European countries including Russia say they're still in the nuclear agreement, and the U.S. Treasury has given companies 90 or 180 days to wind down business with Iran. This affects banking, finance, commodities, shipping, insurance and, of course, oil exports. But the markets are doing okay so far, meaning maybe everyone's getting used to President Trump's fractious moves being smoothed over later by more reasonable decisions. And in other news, we bring you the findings of a venture capitalist who visited schools in all 50 states and has a lot to say about standardized testing and the way we treat teachers.
(Global Edition) From the BBC World Service… As the US exits the Iran nuclear deal, European nations hope to stick with it. But what’s the feeling from business leaders on this side of the world, and how are they weighing the risks of potentially losing access to the world’s biggest economy? Then, Argentina is looking for a deal with the International Monetary Fund to help stabilize a plunge in its currency and high inflation. But how will the IMF respond after a meeting with the country today? Afterwards, we explore the root of the problem forcing Madagascar vanilla prices higher.
(Markets Edition) With a decision on the way from Washington about the Iran deal, we look at what's next depending on if President Trump makes a hard or soft exit. If he decides to punish everyone who does business with Iran, it could be a very tricky situation for U.S. allies to negotiate. Plus, there's a liquidity problem in real financial markets, including some bonds. We talk with a chief economist at investment adviser Payden & Rygel about why this is occurring.
(Global Edition) From the BBC World Service… President Trump today will decide the future of America’s participation in the Iran nuclear deal. Ahead of any announcement, Iran’s president has this morning vowed to continue the country’s domestic development in the face of any possible new sanctions from the US. So if the US exits the pact, how will Iran respond? Then, exporting charcoal from Somalia has been banned since 2012, but the illegal trade and use of the product has led to ongoing environmental destruction in the region and exacerbated a humanitarian crisis. We’ll talk to a UN representative taking part in meetings this week in Mogadishu to try and stop the illegal practice and money flowing through militant groups. Afterwards, a new study says global tourism accounts for 8% of carbon emissions – three times higher than previous estimates. So, how can you be a more economically-sensitive traveller?
(U.S. Edition) We've got some big decisions coming out of the White House today: President Trump will announce whether he's pulling out of the Iran nuclear deal and he'll be sending up a "rescission" package asking Congress to claw back their spending. We discuss what programs this money will come from. Plus, executives from five prescription drug wholesalers will testify in front of the House Energy and Commerce Committee today regarding pill dumping, or how 30 million doses of opioids ended up in a rural Kentucky county with 27,000 inhabitants over 6 years. And we go to Memphis, where a revival of Dr. Martin Luther King, Jr.'s Poor People's Campaign is kicking off to bring attention to low-wage workers under the poverty line.