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Nick Esposito

Latest from Nick Esposito

  • International market. EU diplomacy

    From the BBC World Service: An official visit by Charles Michel to Beijing comes amid persisting economic tensions between the two sides. Kenya’s president William Ruto has unveiled a new program to offer cheaper loans to entrepreneurs. It’s called the Hustler Fund – so named because on the campaign trail, Ruto said represented what he called the “hustler nation” of millions of young Kenyans struggling to make ends meet. UNESCO has added the French baguette to its “intangible cultural heritage” list.

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  • U.S. economy shows solid third-quarter growth
    Photo by Spencer Platt/Getty Images

    A revised GDP report from the Commerce Department shows nearly 3% growth. Private sector jobs grew as well, but fell way short of expectations. We dive in further with Susan Schmidt. Also, frozen Russian assets might come in handy in helping Ukraine. Finally, we report on the death of Jiang Zemin, the former president of China.

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  • Twitter stops enforcing COVID misinformation policy
    Photo by David Odisho/Getty Images

    The move was quietly made last week. Elsewhere, tens of thousands of striking academic workers appear to have a reached a deal with the University of California system. Then, we check in on Fight for $15 after 10 years.

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  • Could Europe use frozen Russian assets to rebuild Ukraine?

    From the BBC World Service: European commission president Ursula von der Leyen has proposed taking Russian assets that have been frozen in Europe and using them to compensate for wartime damages. Unrest has continued overnight in various Chinese cities as protesters call for an end to strict COVID measures. And if your flight is cancelled or severely delayed in the U.S., you’re entitled to compensation. In Australia, travelers no such guarantees, so consumer groups are pushing for better legal protections.

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  • Your move, Federal Reserve
    Stefani Reynolds/AFP via Getty Images

    Today is the eve of Fed Chair Jerome Powell’s speech, where he’s expected to lay out the current economic landscape and offer hints as to what the Fed might do with it in a couple of weeks. For more, we talk with Karen Petrou of Federal Financial Analytics. The BBC examines China’s renewed focus on vaccines as it deals with uproar over its zero-COVID restrictions.

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  • Congress jumps on board looming rail strike situation
    Mario Tama/Getty Images

    The House is considering legislation that would impose a compromise labor agreement this week. The BBC checks in with more from China. Facebook parent company Meta steps into more fines regarding how it handles data privacy.

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  • BEIJING, CHINA - NOVEMBER 29: Epidemic control workers who perform nucleic acid tests wear PPE to prevent the spread of COVID-19 as they walk in an area where communities are in lockdown on November 29, 2022 in Beijing, China. In recent days, China has been recording its highest number of daily COVID-19 cases since the pandemic began, as authorities are sticking to their strict zero tolerance approach to containing the virus with lockdowns, mandatory testing, mask mandates, and quarantines as it struggles to contain outbreaks.In an effort to try to bring rising cases under control, the government last week closed most stores and restaurants for inside dining, switched  schools to online studies, and told people to work from home among other measures. (Photo by Kevin Frayer/Getty Images)

    From the BBC World Service: Beijing vowed today to boost the COVID vaccination rate for people 80 and older. Brazil’s president-elect has presented a new budget to Congress, which circumvents the nation’s strict budget ceiling rules. And this year marks the 25th anniversary of the opening of the Guggenheim Museum in the city of Bilbao, in northern Spain. Perhaps its biggest legacy is a phenomenon now known as the “Guggenheim effect” – when a single iconic building helps to drive urban regeneration.

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  • The story of holiday shopping – and inflation – so far
    Kena Betancur/Getty Images

    We check in on some of the results from Black Friday as Cyber Monday gets underway. Julia Coronado of MacroPolicy Perspectives gives us her take on what the shopping could tell us about inflation. Then, we take a look at regenerative agriculture and how restaurants could be pitching in on it.

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  • China’s zero-COVID policy leads to unrest in the streets and the markets
    Chung Sung-Jun/Getty Images

    China correspondent Jennifer Pak checks in with the latest. Also, we speak to Los Angeles mayor Eric Garcetti about the Summer Olympics – with all the costs it can incur – coming to town in 2028.

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  • BEIJING, CHINA - NOVEMBER 28: Police stand as part of a cordon during a protest against China's strict zero COVID measures on November 28, 2022 in Beijing, China. Protesters took to the streets in multiple Chinese cities after a deadly apartment fire in Xinjiang province sparked a national outcry as many blamed COVID restrictions for the deaths. (Photo by Kevin Frayer/Getty Images)

    From the BBC World Service: Stock markets in Shanghai, Hong Kong and other places in Asia have fallen as anti-government protests spread across China. Ukraine’s use of Turkish-made drones has made the world take notice. The BBC sits down with the brothers who run drone manufacturing at their Istanbul offices.

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