Apr 19, 2018

04/19/2018: The world is in more debt than we’ve ever seen

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(Markets Edition) The International Monetary Fund — which gets called to the rescue when economies melt down — meets in Washington. We'll talk to Diane Swonk, chief economist at the firm Grant Thornton, about one especially big worry that's looming: world debt. And the leader of that happens to be the U.S. Afterwards, we'll look at why rivals Amazon and Best Buy are partnering to sell televisions, and then we'll explore how a rise in trawlers off the coast of Senegal is causing local fishermen to lose their livelihoods.

Segments From this episode

A rise in foreign industrial trawlers off the coast of Senegal is causing local fishermen to lose their livelihoods

by Lucia Benavides

Apr 19, 2018

West Africa loses $1.3 billion a year as a result of illegal fishing from foreign trawlers. Senegal, the country hardest hit, loses $300 million a year, or 2 percent of its GDP.

A beach in Dakar is full of unused pirogues, or wooden fishing boats. Senegal loses an estimated $300 million a year as a result of competition from foreign industrial trawlers that fish off its coast.

Photo courtesy of Zach Campbell

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Amazon moving into Best Buy with built-in Alexa smart TVs

by Jed Kim

Apr 19, 2018

Amazon and Best Buy are partnering to sell televisions. As part of the deal, Best Buy will sell Amazon smart TVs in their stores and on Amazon as a third-party merchant. What’s bringing two apparent rivals together to sell expensive gadgets to consumers? Click the audio player above to hear the full story.

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(Markets Edition) The International Monetary Fund — which gets called to the rescue when economies melt down — meets in Washington. We’ll talk to Diane Swonk, chief economist at the firm Grant Thornton, about one especially big worry that’s looming: world debt. And the leader of that happens to be the U.S. Afterwards, we’ll look at why rivals Amazon and Best Buy are partnering to sell televisions, and then we’ll explore how a rise in trawlers off the coast of Senegal is causing local fishermen to lose their livelihoods.