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Redmond Carolipio

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  • Surveying the wreckage left behind from a collapsed crypto deal
    Michael M. Santiago/Getty Images

    We take a peek into the fallout from the failed bailout pact between crypto exchanges Binance and FTX. Also, we delve more into the developing election results and their possible impact on economic policy.

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  • Growing concerns over the viability of FTX sent the price of popular cryptocurrency Bitcoin to a two-year low.
    Alex Peña/Getty Images

    From the BBC World Service: One of the world’s biggest cryptocurrency exchanges, FTX, is on the brink of collapse. A bailout deal it struck with archrival Binance on Wednesday has fallen through. Plus, a new survey says the influence of fossil-fuel lobbyists at climate talks has risen significantly in recent years. And, the costs of supporting migrants who are rescued at sea.

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  • Discussing the financial asset known as democracy
    Anna Moneymaker/Getty Images

    Political scientist Ian Bremmer helps us figure out economic takeaways from the aftermath of Election Day. David Kelly of J.P. Morgan talks about the impact of possible Republican control of the House. A drought has sapped the water levels of the Mississippi River, and farmers are struggling as a result.

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  • Markets remain steady as the ballots get counted
    Michael M. Santiago/Getty Images

    We discuss some potential election outcomes and how they could affect the economy. Big spending on state ballot measures led to some mixed results. The waves of tech layoffs have actually endangered the ability of many people to stay in the U.S.

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  • Belgium is the latest European country facing cost of living strikes
    HATIM KAGHAT/Belga/AFP

    From the BBC World Service: Only two European Union countries tie mandatory pay raises for the public and private sector to consumer price inflation: Belgium and Luxembourg. But workers in Belgium say those increases aren’t enough, so they’re walking out and demanding more. Plus, Twitter has laid off most workers at its Africa office in Ghana. And, India says it will continue to buy Russian crude oil.

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  • Thinking about a second job? You’re not alone. Let’s talk about moonlighting.
    Getty Images

    First, it’s Election Day, and we discuss the possible impact of a recession with Jeffery Cleveland of Payden & Rygel. More people are taking on second jobs for a variety of reasons, according to government data. The European Union is turning up the economic heat on Hungary.

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  • 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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