Latest from Redmond Carolipio

• Oct 5, 2022

  Fresh E.U. sanctions on Russia include an oil price cap

  

  From the BBC World Service: The E.U. outlined its latest details after Russia illegally annexed four regions in Ukraine. Plus, OPEC+ oil production cuts could be the biggest since 2020 when the pandemic drastically reduced global demand. And, India is usually the world’s biggest cotton exporter, but flooding has seen the country import the commodity, putting pressure on its domestic textile production sector.

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• Oct 4, 2022

  When recession doesn’t have to mean what it did decades ago

  

  David Kelly of J.P. Morgan talks recession with us. The Supreme Court will tackle cases that deal will terrorism and social media. We look into the toll the act of “swatting” takes on people.

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• Oct 4, 2022

  CEOs see a recession coming. Soon.

  

  That’s according to a survey from audit, tax and advisory firm KPMG. The Commerce Department appears poised to curb Chinese access to U.S. chips. Coming off the news of Kim Kardashian’s SEC fine, we look at the cooling celebrity-crypto relationship.

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• Oct 4, 2022

  The U.N. is now seeking $800 million for flood-ravaged Pakistan

  

  From the BBC World Service: The United Nations new fundraising target is five times higher than originally requested, as the agency seeks to deal with “a second wave of death and destruction.” Plus, how reducing food waste at supermarkets is proving a challenge for a U.K. charity which redistributes surplus food. And, the yen currency hardly blinked despite North Korea’s decision to fire a ballistic missile over Japan for the first time in five years.

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• Oct 3, 2022

  Those falling gas prices were nice while they lasted

  

  The oil-producing cartel known as OPEC+ will cut down output even further to combat sagging prices. We check in for more on the U.K. government’s tax cut reversal. We talk banking systems with Julia Coronado of MacroPolicy Perspectives. If you’re looking for a used car, be on the lookout for some vehicles that might have recent flooding history – in Florida.

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• Oct 3, 2022

  British about-face on tax policy brings some calm to markets

  

  That U.K. tax cut plan that had a lot of people shaken up? Not happening, apparently. What do we really know about the rise of Chinese president Xi Jinping?

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• Oct 3, 2022

  A U.K. U-turn on plans to cut 45% tax rate

  

  From the BBC World Service: The British finance minister Kwasi Kwarteng has now abandoned one of his flagship economic policies after it roiled markets. Plus, why shares of banking giant Credit Suisse plunged nearly 10% in early trading. And, people in Tunisia have taken to the streets to protest the high cost of living and food shortages.

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• Sep 30, 2022

  Consumers got back to spending … or it appears that way, at least

  

  The news will say consumers were “resilient” in August, but Christopher Low tells us there’s more to it than that. Senior economics contributor Chris Farrell helps explain President Biden’s income-driven repayment plan for student loans.

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• Sep 30, 2022

  Hurricane Ian leaves damage and plenty of questions for homeowners

  

  Floridians face a web of insurance concerns in the wake of Hurricane Ian. We break down the government shutdown-eluding bill the House is set to vote on today. A California bill makes union voting less harrowing for farmworkers.

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• Sep 30, 2022

  U.K. budget watchdog meets with PM

  

  From the BBC World Service: After a chaotic week for the British pound, Liz Truss meets representatives from the Office of Budget Responsibility. The economic watchdog will want to discuss the effects on the U.K.’s economy of last week’s proposed tax cuts. Later this week, Brazilians will go to the polls to elect their president, and a bunch of James Bond stuff goes up for auction.

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