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Redmond Carolipio

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  • Sep 21, 2022

    Europe’s competition chief says “energy crisis is accelerating the green transition”

    Europe's competition commissioner says we need more investment in more environmentally-friendly technologies.
    JOHN THYS/AFP

    From the BBC World Service: Margrethe Vestager, one of the European Commissioner’s executive vice presidents and its competition commissioner says funding alternative technologies is a crucial element in the transition away from Russian energy supplies. Plus, Germany reaches a deal to nationalize one of its gas giants. Uniper has been struggling after Russia significantly curtailed gas supplies to Europe in response to western sanctions over its war in Ukraine.

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  • Sep 20, 2022

    The world’s central banks are also raising interest rates. Here’s why that could be bad.

    Stock traders tend to fear the higher interest rates that often accompany inflation. But inflation can also signal a healthy increase in economic activity.
    Spencer Platt via Getty Images

    How much is too much when it comes to fighting inflation? As central banks across the globe raise interest rates, there’s concern that all that raising could make things worse. The U.N. holds its first full in-person meeting of world leaders in years. We explore how supply chain issues have cooled off hot chicken businesses in Nashville.

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  • Sep 20, 2022

    Russia restricts gas flow – this time to China

    Russia's energy giant Gazprom exports gas to Poland and Bulgaria. As of today, the two countries are completely cut off.
    Nikolay Doychinov/AFP via Getty Images

    From the BBC World Service: Gazprom, Russia’s state-owned energy company, is temporarily shutting down a pipeline to China. In Indonesia, a new digital privacy law could see huge fines and prison time for offenders. And, the European Commission’s competition watchdog, Margaret Vestager, talks to Marketplace about the future of Big Tech.

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  • Sep 20, 2022

    The fight against inflation is affecting the housing sector

    Real estate firms' tech-driven practice of ibuying homes has stoked controversy, but the inadequate supply of housing pushes up prices and affects millions of Americans.
    Frederic J. Brown/AFP via Getty Images

    The housing market remains a rough place for both buyers and sellers under the cloud of inflation … and also rising interest rates. An expert helps explain how gerrymandering can actually impact credit.

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  • Sep 19, 2022

    Prepare for even higher interest rates

    Prepare for even higher interest rates
    Kevin Dietsch/Getty Images

    The Fed will most likely raise interest rates during its two-day meeting, which begins tomorrow. Here to discuss that with us is Julia Coronado of MacroPolicy Perspectives. The BBC checks in with news from the Queen’s funeral in London. A hurricane has once again left much of Puerto Rico without power.

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  • Sep 19, 2022

    This week could change the trajectory of the U.S. economy

    This week could change the trajectory of the U.S. economy
    Stefani Reynolds/AFP via Getty Images

    The Fed is about to begin its two-day meeting on interest rates. More scrutiny awaits the somewhat chaotic “buy now, pay later” landscape. What does it mean to have “anti-racist” layoffs?

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  • Sep 19, 2022

    Huge crowds travel to Queen Elizabeth II’s funeral in London

    Queen Elizabeth II's funeral is being described as the biggest single gathering of global statesmen and women in living memory.
    Hannah McKay- WPA Pool

    From the BBC World Service: King Charles III has declared Monday a public holiday in the U.K. That means many businesses up and down the country have closed as a mark of respect to the late queen. But the decision wasn’t black and white … some flights have been cancelled at London Heathrow Airport and transport services are expecting large crowds. Plus, as thousands laid floral tributes, how have flower sellers managed the demand?

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  • Sep 16, 2022

    FedEx has a warning for the world. Here’s what that says about the economy.

    Packages rush by on a conveyor belt at a FedEx sort facility in Oakland, California.
    Justin Sullivan/Getty Images

    The global shipping giant has seen a drop-off in shipping volume, which could be an indicator of coming economic challenges. We also turn to Christopher Low of FHN Financial for additional insight. Then, we look into the logistical impasse that faces the concept of prescribed burns.

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  • Sep 16, 2022

    The buzz about members of Congress trading stocks has gotten louder

    The US Capitol is seen in Washington, DC, on January 3, 2018 before the opening of the second session of the 115th Congress. - The US Congress hits the ground running as its 2018 session kicks off, with President Donald Trump facing a two-week deadline to forge a compromise between Republicans and Democrats on immigration reform and the budget. (Photo by NICHOLAS KAMM / AFP) (Photo by NICHOLAS KAMM/AFP via Getty Images)

    We speak to a New York Times reporter about the facets surrounding stock trading among members of Congress. Signs from shipping giant FedEx are pointing to some economic challenges ahead.

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  • Sep 16, 2022

    Eurozone inflation hits another record high

    Eurozone inflation hits another record high
    Daniel Roland/AFP via Getty Images

    From the BBC World Service: Consumer prices rose 9.1% last month from a year ago according to the E.U. statistics agency. To help consumers deal with the rising cost of living, Spain is now offering free rail travel for commuters. A strike by French air traffic controllers is causing hundreds of European flight cancellations. The British pound has plunged to a fresh 37 year low against the U.S. dollar.

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