Jamaica to get $150 million from “catastrophe” bond
The World Bank has confirmed that Jamaica will receive a full $150 million payout from its catastrophe bond, which is the maximum possible, after Hurricane Melissa met the pre-agreed trigger conditions. Leanna Byrne hears from Jorge Familiar, the World Bank’s vice-president and treasurer.
Also, one of the biggest broadcasters in the UK has confirmed its "preliminary" discussions with Comcast, owner of Sky, to sell its broadcasting business for around $2 billion.
And, as the US government shutdown hits 38 days, we look at one government tax lawyer in Washington DC, who is staying busy by running a full-time hot dog stand.
Presenter: Leanna Byrne
Producer: Ahmed Adan
Editor: Gideon Long
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Elon Musk’s record $1 trillion pay deal approved
Tesla shareholders have voted to approve a massive pay package meant to retain the services of its billionaire CEO Elon Musk. The deal requires Musk, who is already the world's richest man, to drastically raise the electric car firm's market value over a period of years. Also, U.S. passengers brace for disruption as airports cut flights amid the government shutdown.And a judge in the US state of Texas has agreed to dismiss a criminal case against aviation giant Boeing in connection with two plane crashes that killed more than three hundred and forty people in 2018 and 2019.
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Global shipping giant Maersk raises its outlook
Maersk, a global shipping giant, has raised its full-year operating profit forecast to between $9 and $9.5 billion after better-than-expected third-quarter results. We hear from Maersk CEO Vincent Clerc.
India and the European Union are intensifying their efforts to reach a trade deal by the end of the year. EU officials are in Delhi for talks. Leanna Byrne hears from one of the men at the heart of the negotiations.And the US government has warned that air travel capacity will be cut by up to 10% at 40 major airports over the coming days if the government shutdown continues.Presenter: Leanna Byrne
Producer: Ahmed Adan
Editor: Gideon Long
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Shein store opening in Paris draws protests
The Chinese online retailer Shein is opening its first permanent shop, using floor space in the prestigious BHV department store in the French capital Paris. But how is this seen in France? Leanna Byrne hears from a protestor and one of the managers of the building.
Also, the Chinese government is using a major trade exhibition to sell the country as an investment partner after last week's meeting between President Xi Jinping and Donald Trump.
An independent review looking into how to tackle health-related joblessness has warned the UK is sliding into an "avoidable crisis".
And for young Ugandans, Zohran Mamdani, born in the capital Kampala and elected as New York’s mayor, his rise isn’t just political; it’s professional too. We hear from a young Ugandan Mamdani supporter.Presenter: Leanna Byrne
Producer: Ahmed Adan
Editor: Justin Bones
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Supreme Court to consider legality of Donald Trump's trade war
Ed Butler talks with the owner of a Chicago toy importer who's brought his tariff fight all the way to the Supreme Court. From Wednesday, the Supreme Court will determine whether wide-ranging import taxes imposed by President Trump are legal.Also on the show, one of America's best-known TV economists and authors, Andrew Ross Sorkin, on why he fears the AI investment boom could be a bubble.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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