Money Talks
2,203 episodes - English - Latest episode: 12 months ago -Dedicated to helping our audience navigate the bumpy economic road ahead. With in-depth reports and analysis, Money Talks makes the news your business.
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Mumbai boosts night economy by extending business hours
February 10, 2020 19:35 - 2 minutes VideoIt's said that Mumbai is a city that never sleeps. And now it has the chance to live up to that reputation. The government has announced a new policy to encourage a vibrant nightlife. But it's not being met with as much enthusiasm as one would expect. Radhika Bajaj tells us why. #Mumbai #NightEconomy #IndiaEconomy
Chinese businesses in the UK suffer due to coronavirus fears | Money Talks
February 07, 2020 10:07 - 2 minutes VideoReports of anti-Chinese sentiment is rising as the coronavirus spreads around the world. From tension on public transport to avoiding Asian restaurants, some people of Chinese descent say they feel racially targeted. Sarah Morice takes a look at the social and economic impact coronavirus is having in the UK. #UKbusinesses #coronavirus #Racism
Turkish delivery startup Getir eyes overseas markets | Money Talks
February 05, 2020 19:15 - 2 minutes VideoHere in Istanbul, Getir's purple delivery bikes and vans have become a familiar sight on the streets. The fleet of couriers has become the engine of growth for the Turkish grocery delivery startup. Getir, which means 'bring' in Turkish, recently received almost $40 million in funding from investors, including Silicon Valley venture capitalist Michael Moritz. As Laila Humairah reports, the fresh funding is expected to help the firm's international expansion. #Getir #FoodDelivery #SiliconValley
Trump tells Congress US is 'stronger than ever before' | Money Talks
February 05, 2020 19:09 - 8 minutes VideoIn the US, Donald Trump has described the country's progress under his Presidency as "the great American comeback". Addressing the nation live on television in his State of the Union address, he said the US was prospering as never before. But as our North America Correspondent Jon Brain reports, the nation's bitter divisions were also on display. For more on this Dave Brat joined the show from Lynchburg in Virgina. He's a former member of the House and the dean of Business at Liberty Univers...
Tesla stock surges 80% in five weeks | Money Talks
February 05, 2020 19:05 - 7 minutes VideoTesla shares continued their record run on Wall Street, with the company's market value rising to double that of auto giants Ford and General Motors combined. The company recently began delivering vehicles from its new factory in China and it's been profitable over the past two quarters, building hopes that it will keep on making money down the road. But some experts say the stock's jumped too high too fast. Mobin Nasir reports. We also spoke to Santosh Rao, head of research at Manhattan Vent...
Nine-year-old operates affordable kids eyewear brand | Money Talks
February 04, 2020 19:40 - 2 minutes VideoThe cost of eyeglasses can put a sizeable dent in people's wallets. And it's set to get worse with the dramatic increase of children suffering near sightedness in the U.S and around the world. Jillian Wolf spoke to one person in New York who's looking to change that. #EyewearBrand #KidEntrepreneurs #Spectacles
Voltas-Beko opens consumer electronics plant in India | Money Talks
February 04, 2020 19:32 - 2 minutes VideoIn the first move of its kind, one of Turkey's biggest companies has joined forces with a large Indian group to produce refrigerators and washing machines for families across the South Asian nation. Beko, the global branch of the Turkish white-goods supplier, Arcelik has come together with Indian air conditioner supplier, Voltas in a 180 million dollar project. Shamim Chowdhury travelled to the Indian city of Ahmedabad, where the first Voltas-Beko factory recently opened. #VoltasBeko #Consume...
India announces $428B budget to try boost economy | Money Talks
February 03, 2020 19:23 - 6 minutes VideoIndia's government delivered its annual budget on Saturday for the next financial year, starting in April. There were widespread hopes of major reforms to kick start the economy which has seen growth slow to a more than decade low. Plans were mapped out in the budget to cut personal taxes and boost infrastructure. But many businesses have been left disappointed. Rebecca Bundhun reports from Mumbai. For more on the story, we spoke to TRT World's Senior Business Producer Mobin Nasir. #India #B...
UK and EU begin sparring over future trade rules | Money Talks
February 03, 2020 19:20 - 6 minutes VideoStock prices in China fell by as much as nine percent on the first day of trading since the outbreak of the deadly coronavirus. Its spread has severely hit consumer spending during the Lunar New Year holiday - a period when businesses on the mainland usually see a big boost in sales. Hoping to make up for the fall in retail sales, the government's pumping billions of dollars into the economy. But as Motheo Khoaripe reports, many investors fear it's not enough to mitigate the effects of the co...
British businesses face bumpy road after EU departure | Money Talks
January 31, 2020 18:14 - 9 minutes VideoBrexit marks the end of the UK's 47-year membership of the EU. In the immediate aftermath, little will change. But the two sides still have to thrash-out a new trade deal before the end of the year. So, for British businesses, this is Brexit in name only.. and for the time being, the future remains uncertain. Natalie Powell reports. For more we spoke to Vicky Pryce. She's a Board Member at Centre for Economics and Business Research. We were also joined by Patrick Minford, Cardiff University...
Malagasy bats help produce lucrative coffee brew | Money Talks
January 30, 2020 19:49 - 1 minute VideoA rare and fragrant coffee grows in the rich volcanic soils of Madagascar. It's called bourbon pointu and it's one of the most expensive coffees in the world. But there's a twist, as Natasha Hussain reports, people want it even more after bats have nibbled on it. #Madagascar #Coffee #Bats
Falling birth rates in the US could impact economic growth | Money Talks
January 30, 2020 19:43 - 2 minutes VideoThe number of women having children in the United States has fallen for a fourth year in a row and has hit a new record low. More people in their late 30s and early 40s are choosing to have babies but government data shows major declines among younger age groups. As William Denselow reports from New York, a drop in fertility rates can have a major impact on how a nation's resources are distributed. #US #BirthRate #EconomicGrowth
Brexit fuels calls for second Scottish independence vote | Money Talks
January 29, 2020 19:38 - 2 minutes VideoThe European Parliament has approved Britain's divorce deal, paving the way for the UK's exit from the bloc on Friday. Many doubts remain over the future relationship but also about what might happen to the UK itself. In Scotland 62 per cent of voters wanted to remain part of the EU and Scottish Nationalists campaigning for independence have been quick to say that Brexit is against the will of Scotland. Simon McGregor-Wood reports from Edinburgh. #Brexit #Scotland #IndependenceVote
Doubts raised over feasibility of President Trump's Middle East plan | Money Talks
January 29, 2020 19:32 - 9 minutes VideoPalestinian President Mahmoud Abbas has condemned the Trump administration's so-called Middle East peace plan as a conspiracy. US President Donald Trump unveiled his long-awaited plan between Israelis and Palestinians, dubbed "the deal of the century" on Tuesday. Israel is hailing it as a victory, but Palestinians, who were not represented in negotiations, have been given few bargaining tools. From Washington, Yasmine El-Sabawi reports. For more, we were joined by Omar Shaban in Ramallah. He ...
Lebanon parliament approves 2020 budget amid economic, social unrest | Money Talks
January 28, 2020 19:33 - 7 minutes VideoThe Lebanese government says it has found a rescue plan to prevent a financial crisis from spiraling out of control. On Monday, the parliament approved a budget plan aimed at reducing the deficit and assuring its citizens about the fiscal health of the country. But anti-government protesters aren't convinced. Laila Humairah reports. For more on this story, we were joined by Sami Nader from Beirut. He's the director of the Levant Institute for Strategic Affairs. #Lebanon #Economy #FiscalPolicy
Senegal hopes new trade deals will lift its economy | Money Talks
January 28, 2020 19:18 - 2 minutes VideoTurkish President Recep Tayyip Erdogan is on the last leg of a three-nation tour of Africa. He's meeting his counterpart in Senegal to boost bilateral ties. The west African nation faces a host of problems with nearly half of its population living below the poverty line. Aksel Zaimovic has more on how Turkey is helping Senegal. #Senegal #BilateralTalks #TradeDeals
Indian unemployment rises as economic growth slows | Money Talks
January 27, 2020 20:10 - 2 minutes VideoIn India, the high unemployment rate has been a cause of worry for months. It's also seen as the biggest cause of low domestic demand, something India depends on for economic growth. The government is widely expected to offer solutions to the unemployment crisis in the upcoming budget. Radhika Bajaj reports. #India #Unemployment #EconomicCrisis
Businesses, governments commit to sharper emissions cuts
January 24, 2020 16:44 - 5 minutes VideoThe annual gathering of the world's rich and powerful in the Swiss resort town of Davos has wrapped up for another year. The worsening climate crisis dominated discussions at the World Economic Forum, which this year saw corporate heavyweights and world leaders share the stage with climate activists. Policymakers have pledged to speed-up the global shift away from dirty sources of energy like coal and gas. But as Tayyibe Aydin reports, activists want to see businesses and governments do more....
Lebanon forms new government following months of unrest | Money Talks
January 24, 2020 10:25 - 6 minutes VideoProtestors have clashed with police in Lebanon as a new government convened a day after it was formed, ending a three-month political stalemate. Months of protests against corruption among the political elite led to the resignation of former prime minister Saad Hariri last October. The new Prime Minister, Hassan Diab, will lead a cabinet of 20 ministers who face the pressing challenge of tackling the country's worst economic crisis in decades. For more on this let's go to Kamel Wazne in Beiru...
Pet influencers take social media by storm | Money Talks
January 23, 2020 19:35 - 2 minutes VideoSocial media influencers have amassed a huge amount of power in recent years. People partner with brands to promote products and services - and some have turned this activity into a lucrative, full-time job. As Alanna Petroff reports from London, furry friends - including dogs, cats and rabbits - are also cashing in.
Turkey Wealth Fund looking to attract foreign investment | Money Talks
January 23, 2020 19:30 - 4 minutes VideoTurkey's Treasury and Finance Minister Berat Albayrak says there are a lot of positives to take from the country's improving current account numbers and its 5 percent growth target for 2020. He made the comments at a panel looking at emerging markets at the World Economic Forum in Davos. Turkey's sovereign wealth fund has been looking to cement itself in investors' minds at Davos. The fund's managing director Zafer Sonmez says he aims to make the fund a strategic equity investment entity for ...
LVMH wins bid for world’s largest chunk of raw diamond | Money Talks
January 22, 2020 20:14 - 1 minute VideoFrench luxury conglomerate LVMH has shown its quite the big spender when it comes to bling. The group splurged more than $16 billion on US label Tiffany & Co last year. Now, it's house brand Louis Vuitton has defeated rivals Cartier and Graff to get its hands on the world's second biggest chunk of raw diamond. #LVMH #RawDiamond #Cartier
Hundreds of toy companies gather at UK Toy Fair | Money Talks
January 22, 2020 20:04 - 2 minutes VideoThe UK's toy industry has been hit by difficult trading conditions, causing a drop in year on year sales for the past two years. The latest figures were released at the beginning of the UK Toy Fair, but the news is not dampening the industry's spirits, with new products and innovations ready for release over the next 12 months. Natalie Powell has the latest. #ToyFair #UK #TradeConditions
Chinese consumers boost night economy | Money Talks
January 22, 2020 20:01 - 2 minutes VideoSixty percent of China's consumption takes place at night, according to a recent study. The government says that stimulating after-dark activity in major cities is critical for economic growth. One of its strategies is to promote evening cultural attractions. Patrick Fok has more from Beijing. #China #NightEconomy #RetailSales
Ukrainian firm makes biodegradable glasses from coffee waste | Money Talks
January 21, 2020 19:35 - 1 minute VideoCoffee is the globe's second biggest export and a key crop in many countries. And people around the world drink billions of cups of coffee every day. But most of the coffee grounds used to make those cups are thrown away. One report says up to six million tonnes of the stuff are sent to landfills every year. Reagan des Vignes reports on a company in Ukraine that is putting them to use. #Coffee #BiodegradableGlasses #Waste
China coronavirus sparks health and economic fears | Money Talks
January 21, 2020 19:26 - 2 minutes VideoThe contagion effect of the deadly outbreak of coronavirus in China is spreading across global markets. As the death toll from the viral pneumonia rises to six and the number of people infected reaches nearly 300, investors are ditching China-exposed stocks, including travel and luxury firms. Attention is also turning towards the economic impact of the disease. And if the 2003 SARS epidemic is anything to go by, the effects of the outbreak could be devastating. Patrick Fok has more from Beiji...
Trump hails US economic success in speech | Money Talks
January 21, 2020 19:20 - 5 minutes VideoThe 50th annual World Economic Forum in the Swiss resort town of Davos has kicked-off with fiery speeches from the event's headliners, including US President Donald Trump, and teen climate activist, Greta Thunberg. Trump went first and in his keynote speech he praised his country's economic comeback, attributing it to his 'America First' policies. For more on the World Economic Forum, we spoke to Shane Hahm, who is covering the summit in Davos. #DonaldTrump #WEF #USeconomy
Death-themed Thai cafe encourages patrons to appreciate life | Money Talks
January 20, 2020 19:51 - 2 minutes VideoBangkok's cafe culture has exploded in recent years so, themed diners are trying hard to stand out from the crowd. From Raccoons and Huskies, to Hello Kitty and unicorns, they seem to have the most conceivable tastes covered. One unusual restaurant is called Kid Mai, meaning 'Think New'. It's a death awareness cafe that aims to remind us of our inevitable demise. Daniel Quinlan reports from Bangkok. #Bangkok #Cafe #Coffee
Oxfam warns economic inequality is 'out of control' | Money Talks
January 20, 2020 19:20 - 7 minutes VideoThe World Economic Forum's annual pow-wow of business leaders and political elite kicks-off on Tuesday in Switzerland. A series of reports released ahead of those meetings are trying to focus their attention on issues like global inequality and economic risks. As Laila Humairah reports, that's expected to bring some heat to the snow-capped mountains of Davos. For more, we spoke to Oxfam's head of Policy on Inequality, Max Lawson, who joined us from Nairobi. #OXFAM #EconomicEquality #Davos
Easy credit could drive Kenyans into debt | Money Talks
January 16, 2020 19:46 - 2 minutes VideoIn Kenya, a new mobile phone application allowing people to send and receive money is edging the country towards a cashless society. Despite the innovation, some are concerned the growing digital economy, and easy credit could lure people into a cycle of debt. Philip Owira reports. #Kenya #Mpesa #Debt
US House sends articles of impeachment to Senate | Money Talks
January 16, 2020 19:45 - 8 minutes VideoThe US House of Representatives has taken the next step in President Donald Trump's impeachment. It has sent charges to the Senate, calling for the president's removal, along with supporting arguments. Trump is accused of misusing his office when he asked Ukraine to investigate his political rival, former vice president Joe Biden. He is also charged with obstructing the subsequent investigation. Trump becomes only the third US president to go on trial in the Senate. TRT World's Yasmine El-Sab...
Scientists tag rising sea levels as biggest risk in climate crisis | Money Talks
January 16, 2020 19:15 - 1 minute VideoScientists have cited rising sea levels as one of the most damaging aspects of the climate crisis. More than 600 million people who live in low-lying coastal areas are at risk. Studies show flooding could cost the world trillions of dollars. Now, ratings agency Moody's has warned these countries could also see their credit ratings go under. #ClimateCrisis #RisingSeaLevels
Protesters vandalise banks over Lebanon's economic crisis | Money Talks
January 16, 2020 11:53 - 36 seconds VideoBanks in the Lebanese capital Beirut have been cleaning up the damage and vandalism left by violent demonstrations overnight. The anti-government protesters shattered glass windows and damaged surveillance cameras and ATM machines. No looting was reported. Police used tear gas to disperse the crowd on Wednesday night. Some protesters have blamed the banking sector for financial policies that have worsened the economic crisis. The Lebanese pound has lost more than 60 percent of its value in th...
US, China sign Phase One trade agreement | Money Talks
January 16, 2020 11:46 - 7 minutes VideoUS President Donald Trump has signed a so-called Phase One trade agreement with China at the White House. It's the first step towards de-escalating a trade war that's rattled markets and global growth for almost two years. It commits China to making $200 billion in additional purchases of US goods. But many tariffs will remain in place and issues like protecting intellectual property rights of foreign firms in China, haven't been resolved. Mobin Nasir reports. For more, we spoke to Laurence K...
Queen Elizabeth II approves Sussexes move to independence | Money Talks
January 14, 2020 19:38 - 9 minutes VideoAs the UK prepares for Brexit at the end of the month, Britons and many around the world, are being gripped by a different split. The Queen has agreed to a transition period for her grandson Prince Harry and his wife Meghan to step back from royal life, move to North America and work towards financial independence. The couple hopes the change in pace will help insulate them from relentless negative press. But as Paolo Montecillo reports, it could also prove very lucrative. For more, we were j...
Swarms of locusts ruin crops across East Africa | Money Talks
January 14, 2020 19:28 - 2 minutes VideoLarge swarms of desert locusts are wreaking havoc across East Africa. The insects have destroyed crops in parts of Kenya and are threatening to attack vegetation in South Sudan and Uganda. Kenya's agriculture minister say the pests pose a significant threat to food security. Philip Owira has more. #Locusts #Swarm #EastAfrica
House of Lords debates UK PM Johnson's Brexit bill | Money Talks
January 13, 2020 19:36 - 8 minutes VideoGlobal stocks are nearing record highs as the US and China prepare to sign a phase-one trade deal this week. The agreement marks a de-escalation in the 18-month trade war that's hurt the world's two largest economies. Officials are now focused on the next stage of talks, but as Paolo Montecillo reports, any additional progress may be difficult to make. #UKparliament #BrexitBill #BorisJohnson
India's weak economy impacts wedding industry | Money Talks
January 13, 2020 19:29 - 1 minute VideoIndian weddings are famously lavish. They often last several days and hundreds of guests attend. But the country is suffering from an economic downturn. And many families have started to cut costs when they wed at the risk of their social standing. Shamim Chowdhury explains. #Weddings #IndiaEconomy #Inflation
US-China to sign phase one trade deal this week | Money Talks
January 13, 2020 19:26 - 1 minute VideoGlobal stocks are nearing record highs as the US and China prepare to sign a phase-one trade deal this week. The agreement marks a de-escalation in the 18-month trade war that's hurt the world's two largest economies. Officials are now focused on the next stage of talks, but as Paolo Montecillo reports, any additional progress may be difficult to make. #TradeDeal #US #China
Markets recover as Mideast war concerns ease | Money Talks
January 10, 2020 18:01 - 7 minutes VideoWashington and Tehran have both taken a step back from the brink of a full-blown military conflict. Iran launched a missile attack at US forces in Iraq on Wednesday, in retaliation for the US assassination of its top general, Qasem Soleimani. Donald Trump says Tehran now appears to be standing-down, helping global stock markets recover from steep losses that were triggered by fears of war. But as Laila Humairah reports, tensions between the US and Iran remain high. #Markets #Iran #US
Study finds harmful elements in baby foods | Money Talks
January 09, 2020 19:43 - 2 minutes VideoReady-made baby food is not as healthy as parents may imagine. A recent study suggests the majority of brands contain neuro-toxins like lead, arsenic and mercury that can alter developing brains. The metals are naturally occurring elements and often used in pesticides - even in the crops used to make baby food. Nick Harper reports from New York. #BabyFood #Lead #NeuroToxins
Investors flock to safe havens as Iran hits back at US | Money Talks
January 09, 2020 18:06 - 11 minutes VideoUS President Donald Trump says Iran "appears to be standing down" after it targeted air bases housing US forces in Iraq. Mr. Trump says no US or Iraqi lives were lost in the attacks, which were a retaliation for the assassination of Tehran's top military commander, Qasem Soleimani. Global stocks markets are clawing back losses from a steep sell-off sparked by news of the Iranian strike, while gold prices are coming down from their seven-year highs. Paolo Montecillo reports. For more, we spoke...
TurkStream pipeline begins delivering gas to Turkey | Money Talks
January 09, 2020 18:02 - 9 minutes VideoTurkish President Recep Tayyip Erdogan and Russian President Vladimir Putin have officially launched the TurkStream gas pipeline here in Istanbul. Panning the Black Sea, the new pipeline will help meet Turkey's rising energy needs and provide Moscow a new conduit to its biggest customer, the European Union. Alican Ayanlar reports. We also got more from Dan Ashby in Moscow. For analysis, we spoke to Mehmet Ogutcu in Izmir. He’s the chairman of the London Energy Club. #Turkey #Russia #Turkstream
Chinese kids learn coding to get a head start | Money Talks
January 09, 2020 17:53 - 1 minute VideoIt's a growing industry in China and it's being driven by a very young market. The skills needed for computer programming and coding are being taught more and more in schools, and in private agencies to some very young pupils. It's part of China's push to develop the country's artificial intelligence technology, and middle class parents are doing their best to give their children a head start in a developing industry. Francis Collings reports. #China #Coding #ComputerProgramming
Middle Eastern stocks hit by regional tensions | Money Talks
January 08, 2020 19:11 - 7 minutes VideoIran's threatening to hit back at the US and its allies, over the killing of General Qasem Soleimani, the leader of its elite Quds Force. That's spooking investors in the region and driving away international travellers. And it could also take a toll on the economies in the Gulf. For more insight on this, we spoke to Middle Eastern political specialist, Taufiq Rahim in Dubai. #MiddleEast #QasemSoleimani # Iran
UK Parliament debates Brexit bill | Money Talks
January 08, 2020 18:12 - 6 minutes VideoBritish lawmakers have returned to parliament after a 17-day Christmas holiday to begin a detailed scrutiny of Prime Minister Boris Johnson's Brexit bill. This will be the last chance that members of parliament are able to suggest changes to the agreement, before the UK is due to leave the European Union at the end of the month For more on this, we spoke to Denis MacShane in London. He's a former Labour Party politician and served Minister of State for Europe. #Brexit #UnitedKingdom #Parliament
Talks on French pension reforms to resume | Money Talks
January 08, 2020 17:54 - 2 minutes VideoPension talks between the French government and trade unions are set to continue on January 10 after the two sides failed to reach an agreement. French unions have called for nationwide strikes to continue until the government concedes to their demands. Workers are protesting against pensions reform proposed by President Emmanuel Macron. We spoke to Elena Casas in Paris for more insight. #France #PensionReforms # Macron
First African-produced phone hits the shelves | Money Talks
January 08, 2020 17:36 - 2 minutes VideoA Dubai-based firm wants to break China's grip on Africa's telecoms market, by producing a smartphone manufactured on the continent. Made in South Africa and Rwanda, the Mara Phone hopes to compete against China's TECNO, which sells more handsets to Rwandans than any other company. Philip Owira has more. #Mara #Smartphone #Africa
A share of the spoils at the 2020 Golden Globes awards | Money Talks
January 07, 2020 17:52 - 2 minutes VideoAwards season kicked off in Los Angeles on Sunday, as celebrities hit the red carpet for the Golden Globes. And while Netflix went into the competition as a hot favourite, traditional studios managed to triumph over the streaming service. As some of Hollywood's biggest names claimed their prizes, this year they were all united on one thing the climate crisis. #GoldenGlobes #Netflix #StreamingServices #Cinema
Disgraced movie producer's rape trial begins | Money Talks
January 06, 2020 19:51 - 2 minutes VideoHarvey Weinstein has reached a tentative 25 million dollar settlement with his accusers in a civil law suit but his legal battles are far from over. The media mogul's criminal trial is scheduled to begin on Monday and he could face life in prison. Weinstein is being tried on charges of sexual assault involving two women but as William Denselow reports, around 70 women accuse him of misconduct. #Rape #HarveyWeinstein #SexualMisconduct