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Nick Esposito

Latest from Nick Esposito

  • Who can help pick up the tab on climate change?
    Ahmad Gharabli/AFP via Getty Images

    At the COP27 climate change summit in Egypt, the White House has an idea to help developing countries with financing. There’s also debate about the role of natural gas. Elsewhere, the Indian Child Welfare Act faces a massive legal test before the Supreme Court.

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  • The UN-backed Finance for Climate Action report says funding should come from individual countries, particularly more developed ones, as well as investors and development banks.
    Sean Gallup/Getty Images

    From the BBC World Service: Poorer nations need more than $2 trillion dollars each year for the next eight years to tackle the impact of a changing climate, according to a U.N.-backed report. Plus, Britain is in the midst of its worst ever outbreak of bird flu, creating a nightmare before Christmas for poultry farmers and their customers.

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  • A look at Election Day through a macroeconomic lens
    PAUL J. RICHARDS/AFP/Getty Images

    With midterm elections approaching, Julia Coronado discusses how economic viewpoints could have an effect. Elsewhere, credit card debt appears to have returned to pre-pandemic levels. Then we talk about what could be in store for the people left behind after mass layoffs.

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  • Unions and rail companies remain at odds
    Brandon Bell/Getty Images

    Another union has voted to ratify a new labor agreement with rail companies, but there are still sticking points for others. The BBC reports on the agenda for the COP27 climate change summit, which has started in Egypt. We discuss the economics behind grassroots ballot initiatives.

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  • Potential financial compensation for developing countries is on the agenda for the first time since the U.N. adopted its climate convention in 1994.
    MOHAMMED ABED/AFP

    From the BBC World Service: As the COP27 world summit on climate change opens in Egypt, potential compensation for countries with developing economies from their developed neighbors is on the agenda. Plus, Apple says China’s zero COVID strategy will significantly impact iPhone production and shipping this holiday season. And, bus passengers in the U.K. face longer wait times due to a national worker shortage.

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  • U.S. labor market maintained its strength in October
    Olivier Douliery/Getty Images

    The Labor Department’s newest jobs report beat expectations, and Chris Low of FHN Financial is here with us to talk about what it could mean for the Fed. Then, we discuss mass layoffs at Twitter. One of our producers illustrates the grind of the New York City rental market.

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  • Is winter coming for the U.S. job market?
    Mario Tama/Getty Images

    We preview the coming October jobs report. Also, we look at what the Fed might want to keep its eye on regarding the job market. Then, it appears free returns for online purchases are proving a bit too costly for many companies.

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  • Germany's Chancellor Sholz is the first G7 leader to visit China since the start of the COVID-19 pandemic.
    KAY NIETFELD/AFP

    From the BBC World Service: At a meeting in Beijing, President Xi Jinping called for greater cooperation between Germany and China during “times of change and turmoil”. The German Chancellor, Olaf Scholz, has faced criticism for not coordinating his trip with other European leaders. Plus, Russian attacks leave 4.5 million people across Ukraine without power. And, we hear why some Albanians are setting their sights on a life in Britain.

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  • We’re in the era of higher interest rates. It’ll be a while before it ends.
    Michael M. Santiago/Getty Images

    The Fed threw another big interest rate hike at inflation this week, and while it hints at the possibility of dialing back the pace … it hasn’t shown a ton of interest in doing that. Diane Swonk of KPMG discusses this further. The Biden administration wants to help with your energy bill. CBS and its former chief officer will pay millions following an investigation from the New York attorney general’s office.

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  • The World Cup comes with a global price tag
    Gabriel Bouys/AFP via Getty Images

    First, we look at next steps for the Fed after it raised interest rates again on Wednesday. As the World Cup in Qatar approaches, we talk about the reasoning behind countries’ willingness to pay billions to host massive sporting events like it.

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Nick Esposito