Poorer countries disappointed with latest COP29 offer
The offer proposes wealthier countries give $250bn per year by 2035 to developing nations to help tackle climate change. We find out more.
The world's largest man-made reservoir, Lake Kariba, has been hit by drought. We hear about the consequences this could have in the economies of Zambia and Zimbabwe.
Bitcoin has been on a streak of almost daily all-time highs since the US election. We find out why.
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Spain fines budget airlines over unnecessary charges
Spain hits budget airlines with big fines for putting extra charges on passengers, but the airlines say they'll fight this through the European courts if necessary.Japan launches another stimulus package to try to boost its economy, but will consumers, given $200, actually spend it or save it?And the Olympic gold medal-winning sprinter Michael Johnson on his plan to transform top-level athletics.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
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US SEC Chairman says he’ll resign when Trump is inaugurated
Andrew Peach discussed Gary Gensler’s announcement that he will resign as Chairman of the US Securities and Exchange Commission on the day that Donald Trump takes office. Gensler is known to be a sceptic of crypto currencies unlike the incoming President who received heavy backing from the crypto community during the election.
The IG Metall trade union in Germany announces that it will urge workers at Volkswagen to go on strike from December. VW is threatening to shut some of its German factories for the first time in its history. And Swedish battery maker Northvolt has entered Chapter 11 bankruptcy in the USA.
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Kenya's government cancelled all Adani contracts
Kenyan President William Ruto has ordered the cancellation of the airport deal and another one to develop power transmission lines in Kenya - post the US indictment. We hear from the government spokesperson Gabriel Muthuma.We get reaction from India to the criminal charges against Gautam Adani, one of the world’s richest men.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
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Adani boss accused of $250m bribery over solar contracts in India
Gautam Adani, chair of India’s Adani Group and one of the world’s wealthiest individuals, has been indicted in a New York federal court alongside others over an alleged multi-billion-dollar fraud scheme.Archegos founder Bill Hwang has been sentenced to 18 years in prison for orchestrating one of the largest economic frauds in U.S. history.We also explore the Bangladesh Central Bank’s efforts to recover funds siphoned abroad.
South Africa