Latest from Nick Esposito

• Oct 20, 2022

  Ukraine braced for power cuts

  

  From the BBC World Service: After suffering a series of defeats on the battlefield, Moscow is now targeting electricity and water networks in Ukraine – President Zelensky says 30% of his country’s power stations have been destroyed so far. Citizens now face national energy restrictions for the first time since the invasion. Plus, Turkey’s unusual approach to interest rates at a time of soaring inflation. And, why the traditional South Korean dish of Kimchi is under threat.

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• Oct 19, 2022

  Some tax relief from the IRS, courtesy of inflation

  

  Because of the size of inflation these days, the IRS has had to make bigger adjustments than usual – which could be helpful. We talk bank runs with Philip Dybvig, one of the winners of the Nobel Prize in Economic Sciences.

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• Oct 19, 2022

  A lesson in tribal sovereignty … from Tesla

  

  Tesla’s entries into tribal lands also means entry into a different legal sphere as well. A reporter from The Markup helps shed some light on inequitable pricing on broadband internet around the country. We talk Miami real estate with Amy Scott as the second season of “How We Survive” debuts.

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• Oct 19, 2022

  Hong Kong tackles a brain drain

  

  From the BBC World Service: Hong Kong’s new leader John Lee says he wants to rebuild the economy and attract potential new employees from around the globe. The economy has been undermined by an ongoing political crackdown following the national security law introduced in 2020 and coronavirus restrictions. Plus, while many countries have severed ties with Russia, India is pinning its defense export hopes on a joint venture. And, how can South Africa make its energy system more robust after years of blackouts?

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• Oct 18, 2022

  Happy birthday, Clean Water Act

  

  The act, instituted in 1972, turns 50 today. We measure its impact thus far. Stifel Financial’s Lindsey Piegza helps dish out some market perspective. Then, we dive more into the difficult job landscape that awaits people who’ve been incarcerated.

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• Oct 18, 2022

  Someone who spent time behind bars shares perspective of the job market

  

  First, the U.S. plans to sell more oil to help dial back gas prices. Then, a Miami-based realtor opens up about his struggles finding employment after doing time in prison. 

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• Oct 18, 2022

  Europe is turning to the U.S. as it cuts reliance on Russian energy

  

  From the BBC World Service: Natural gas prices have spiked since the Kremlin limited supplies to European Union countries. The European Commission is outlining measures to try and control high energy prices. Plus, China delays publishing key economic data during the Communist Party Congress. And, why a city in Uganda has banned women from sitting in the front cabin of trucks.

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• Oct 17, 2022

  Today’s a tax deadline, which could be an October surprise for some

  

  For those who asked for a six-month extension on filing 2021 tax returns, today’s the deadline. Julia Coronado discusses market activity with us. It’s costing more and more to stay in a hotel these days.

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• Oct 17, 2022

  A look at China at a time of slower growth

  

  We break down some of the significance of the national congress of the Chinese Communist Party, which is underway. Our latest subject for Econ Extra Credit got us thinking about the concept of classic, bottom-to-the-top upward mobility in corporations. 

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• Oct 17, 2022

  Another U.K. U-turn on tax cuts

  

  From the BBC World Service: Days into his new job, the new U.K. finance minister Jeremy Hunt hopes to appease volatile markets, unsettled by his predecessors plan for tax cuts. Plus, the United Nations Children’s Agency says the war and rising inflation have pushed 4 million children into poverty across eastern Europe and central Asia. And, the female farmers in Sierra Leone who are transforming swamp land to grow rice.

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