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02
DEC
6pm

Europe is cracking down on Russian oil

: All is now set for the EU to formally approving the cap on Russian oil at $60 after Poland gave a go ahead today. We discuss the implications.

Also on the programme, a look at how long covid is forcing many Americans to drop out of the workforce.

And conspiracy theorist Alex Jones, has filed for bankruptcy protection after being fined almost one and a half billion dollars for defamatory comments he made about the Sandy Hook mass shooting, we discuss what this could mean.
02
DEC
11am

Ukraine accuses BP of receiving 'blood money' from war

The chief economic adviser to Ukraine's president has warned BP that hundreds of millions of dollars earned from an investment in Russian energy company, Rosneft, amounts to 'blood money'.

Oleg Ustenko has written to BP's chief executive, Bernard Looney, calling on it to use the money to establish a fund for Ukrainian victims of the war.

BP insists it has not received any dividends from Rosneft and has written down the value of the assets to zero.
01
DEC
6pm

Rand falls sharply as South African president faces pressure to resign

The South African rand has started feeling the heat as President Cyril Ramaphosa faces scrutiny over a farmgate corruption scandal.

We discuss Brazil's third quarter GDP as growth slows more than expected as high interest rates bite.

And we find out why K-Beauty - an umbrella term for skincare products derived from South Korea is such a big hit.(Picture: President Cyril Ramaphosa. Credit: Getty Images.)
30
NOV
6pm

Fed Chair signals slower rate hikes

The chair of the US central bank Jerome Powell has indicated that the Federal Reserve could slow down on interest rate hikes going forward while cautioning that there's still a long way to go in its fight against inflation.

Also on the programme, Remote banking forces HSBC to shut 114 branches in the UK from April.

And as India assumes presidency of the G20, how could the next 12 months shape the group's agenda -- and what does it really mean for India?
30
NOV
12pm

Wage growth falls for the first time in more than 20 years

Wage growth has fallen by 1 percent for the first time since the start of the 21st century.

The International Labour Organization has found that wages around the world are falling significantly as a result of inflation, with low and middle-income households hit the hardest.

It’s calling for countries to increase the minimum wage across the board, and for there to be more help such as vouchers for those households who are really struggling.
29
NOV
6pm

All power to Ukraine

Devina Gupta presents. NATO says it will help Ukraine repair damage to its energy network caused by Russian missile strikes. Meanwhile Germany sees an unexpected slowing in inflation for November - a result of slight easing to previously sky-high energy prices.
29
NOV
11am

China: Why is the vaccine uptake so low?

People in China are taking to the streets to protest about the ongoing strict lockdowns in the country. The government is trying to contain a surge in covid infections. Today the government has said it wants to increase vaccinations for the elderly. Only 56% of the over 60s in China - and just a fifth of over 80s - have had three doses of vaccine.
28
NOV
6pm

Crypto lender BlockFi files for bankruptcy after FTX crash

The firm had previously admitted to have "significant exposure" to FTX, which collapsed in mid-November after a rush of customer withdrawals ran out its reserves. We look into the repercussions that this might have in the crypto industry.

Also in the programme, Disney’s returning CEO, Bob Iger, has outlined his vision for a company that had lost momentum in the last few months. We discuss the challenges the executive faces, which includes reversing recent losses registered by the company in their streaming and film-producing businesses.

And we look into why Ghana has announced the steepest interest rate hike of the last 19 years.
28
NOV
12pm

China: Widespread protests against the country's zero-Covid policy

Authorities in China are seeking to end protests against Covid restrictions that spread to some of its biggest cities over the weekend.

Many cities across the country are locked down as the government tries to control record Covid-19 cases.

We'll find out what effect this new instability is having on financial markets and businesses in China.
25
NOV
6pm

Chip shortages hit car production

Jaguar Land Rover has announced it will reduce output temporarily as the firm struggles to stock up on microchips. We explore why the shortage is lasting so long and its impact on the car making industry.

We also discuss the latest from Black Friday, with Amazon workers striking and protesting in several countries on the biggest shopping day of the year. And we take a look at what stores in the US are doing to clear inventories in a slowing economy.

Also in the programme, have US financiers fallen out of love with English football? And early rising is one of the latest trends on TikTok for those on the search of success. But what for some is a choice, for others is a necessity.
25
NOV
11am

Why this Black Friday is a harder sell

It's the biggest retail day of the year in many parts of the world. But in the midst of an economic storm, is Black Friday the bellwether of a gloomier holiday season? For the African e-commerce platform Jumia, Black Friday comes at a particularly turbulent time. The firm's co-founders stepped down after it posted major losses earlier in the year. Jumia's new boss tells us about the latest restructuring effort. Another company seeking to transform its fortunes is the web platform Yandex, often touted as Russia's answer to Google. We hear why part of that means cutting ties with the country altogether.

39 episodes

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