Top central bankers aren’t impressed with the global stablecoin craze. Host Carmel Crimmins talks to Hyun Song Shin, economic adviser and head of the monetary and economic department at the Bank for International Settlements, about why stablecoins are no substitute for money. Plus, we head to Turkey to hear how they're being used in the real world.
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May 13
China tariff cut, US drug prices, and white South Africans
The U.S. says it will cut the low value, small package tax on Chinese shipments – its latest move in de-escalating the trade war. U.S. President Donald Trump orders prescription drug makers to drop their prices within 30 days. And a first group of white South Africans have landed ... Show More
12m 27s
Feb 2025
Ukraine minerals deal, consumer confidence, tax cuts and South Korea birthrate
The U.S. and Ukraine have agreed the terms of a draft minerals deal as Donald Trump seeks to quickly end the war with Russia. U.S. stocks tumbled on Tuesday, after February figures showed a drop in consumer confidence. The Republican-controlled House off Representatives has advan ... Show More
12m 47s
Jul 10
Texas warnings, Brazil tariffs, OpenAI and TikTok
Texas officials have come under fire over whether they could have done more to warn people about the deadly flash flooding. U.S. President Donald Trump slaps a hefty 50 percent tariff on Brazil. And in tech, OpenAI ventures into browsing, while TikTok unveils plans for a new U.S. ... Show More
12m 44s