Latest from Jesson Duller

• Mar 22, 2022

  Empty shelves abound in Moscow stores as Kremlin insists “enough for everyone”

  

  From the BBC World Service: Global sanctions against Russia for its invasion of Ukraine have already made drastic changes to everyday life in the country. Multiple stores in Moscow have no sugar and are reporting shortages of other basics, like buckwheat. Plus, we examine what sanctions on some of Russia’s richest people mean for Chelsea, one of London’s richest, most-followed soccer clubs. And, the vacation-goers from Ukraine and Russia who are stranded far from home in Thailand.

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• Mar 21, 2022

  How the Russia-Ukraine conflict could put a dent in the food industry

  

  The war between Russia and Ukraine has put the nickel market in flux. A lot of metal nickel comes from Russia, and nickel is an essential part of stainless steel … which is an essential part of many tools of the food and restaurant industry. Imagine what most kitchen tools are made of, or what a brewery has to think about with its stainless steel kegs. Julia Coronado joins us to discuss the markets’ inflationary environment. The SEC is holding a big meeting today to discuss climate-change risks. 

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• Mar 21, 2022

  Europe’s leaders are discussing a ban on Russian oil, but how far can that go?

  

  In advance of President Biden’s trip to Europe, foreign ministers are meeting today to begin discussion of something many would rather avoid – an embargo of Russian oil. It’s a tricky proposition, as Europe is much more reliant on Russian oil than the United States. The BBC reports on a Boeing plane crash in China as well as the Russian stock exchange reopening. We look into how the removal of medical collection debt from credit reports could affect consumers.

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• Mar 21, 2022

  Plane carrying 132 people crashes in China

  

  From the BBC World Service: The Boeing 737 was being flown by China Eastern, one of the biggest state-owned carriers and one of the largest airlines in Asia. The last large-scale fatal air crash in China was in 2010. Plus, Hong Kong will begin easing some of the world’s tightest COVID-19 restrictions, including flight bans, starting next month. And, the U.K. is planning for a greener, more diverse energy mix by blending hydrogen into its gas network.

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• Mar 18, 2022

  Could it be time for another COVID booster shot? Vaccine makers are calling for it.

  

  Moderna is asking the Food and Drug Administration for emergency authorization of a second COVID booster shot. Pfizer also asked for authorization of a second shot earlier this week, although it would be for a more narrow range of the population. Christopher Low is here to deliver insights on today’s market activity. We also take a snapshot of the existing homes market as mortgage rates climb.

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• Mar 18, 2022

  Russia-Ukraine war adds another dimension to market volatility

  

  The daily ups and downs of financial markets tell us what bets market participants are placing on the future. But right now, markets are dealing with a lot of uncertainty caused by Russia’s invasion of Ukraine – and they are reacting accordingly. India is buying discounted Russian oil, and the U.S. and European countries have urged India to spurn Russia to no avail. The BBC reports on cryptocurrency fraud in Australia, and how Meta could be involved.

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• Mar 18, 2022

  Russia won’t live in an “American saloon,” says foreign minister

  

  From the BBC World Service: one of President Putin’s most reliable spokesmen, the foreign minister Sergei Lavrov, has been speaking on Russian television today about efforts to keep the economy on track in spite of Western sanctions.  The war in Ukraine is wreaking havoc on supply chains, and not just in Europe. The BBC’s Monica Miller looks at how it’s impacting businesses in Singapore. Australia launches legal action against Facebook’s parent company Meta, alleging it allowed scam ads to target users with fake celebrity endorsements for cryptocurrencies.

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• Mar 17, 2022

  Another leftover symptom of the pandemic? Online buying trends.

  

  Americans spent $1.7 trillion shopping online since the pandemic began, according to new data from Adobe. That’s a lot more than they spent in the two years before the pandemic. It looks like it’ll be even more in 2022. We speak to the BBC’s Victoria Craig about her chat with the Lithuanian president. Diane Swonk shares market insight following the Fed’s decision to raise interest rates.

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• Mar 17, 2022

  Let’s try to grab a hold of the “hot hand” phenomenon

  

  It’s time for March Madness, and whether it’s on a basketball court or investing, people can sometimes get on a roll, where it’s deemed they have the “hot hand.” There have actually been studies about this, and we decipher the history of the hot hand with senior economics contributor Chris Farrell. The Federal Reserve has raised interest rates for the first time since 2018, and more is coming. The BBC looks into what a ban on Russian energy would look like for Germany.

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• Mar 17, 2022

  Ukraine’s president urges Germany to put morals before economic interests

  

  From the BBC World Service: But with fears growing that the war in Ukraine could push Germany into economic recession and stoke soaring inflation, it might be difficult for Germany to meet the Ukranian president’s demands. Plus, nearly 2 million people have fled the war in Ukraine, seeking refuge. We hear from President Gitanas Nausėda of Lithuania, whose country is seeing an increasing number of people looking for safety and security.

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