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PODCAST

Business

FRANCE 24 English

A daily update on the latest business and economic news. Live from Monday to Thursday at 9:15am and 6:45pm Paris time.

business

All Episodes

00:04:00

China targets US defence firms over Taiwan, launches...

Business ·

2024/05/20

Beijing sanctions three American defence companies as Taiwan's new president takes office. China is also launching an anti-dumping investigation into imported EU, US, Japan and Taiwan chemicals amid a growing trade spat. The country's struggling property market gets a government lifeline, but investors remain unconvinced that it will be enough.

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00:05:01

China-Russia trade ties evolve amid Ukraine war, US...

Business ·

2024/05/16

Vladimir Putin hails 80 joint investment projects on his state visit to Beijing, as Xi Jinping walks a fine line between maintaining trade with Russia and avoiding harsh Western sanctions. US inflation cools after months of unexpectedly high readings, and Japan's economy shrinks in the first quarter.

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00:05:45

State of emergency in New Caledonia: Violence hits...

Business ·

2024/05/15

France has declared a state of emergency in its overseas territory of New Caledonia. Violence over a planned constitutional reform is threatening its already struggling economy. Plus, Boeing may face the criminal prosecution it had avoided back in 2021, with the US Justice Department accusing the planemaker of violating the terms of the deferred prosecution deal.

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00:09:00

US wary of Mexican gateway as it increases tariffs on...

Business ·

2024/05/15

The United States Trade Representative Katherine Tai said on Tuesday her office is concerned with the possibility of seeing Chinese electric cars enter the US market via Mexico. This comes as the Biden administration is looking to shield its auto industry from Chinese competitors as makes its EV transition. Also, Google launches new AI features on its search engine but faces protests over its ties with Israel.

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00:05:50

Biden administration quadruples import tariffs on...

Business ·

2024/05/14

US President Joe Biden has announced a raft of new tariffs on some 18 billion dollars’ worth of Chinese goods, including quadrupling the border tax on electric cars. The White House says the measures are carefully targeted at strategic sectors to protect American companies from unfair trade practices. Beijing has strongly criticised the move. Plus, a new version of ChatGPT is out ... and it's more human than ever. And Google is also revamping its search engine with artificial intelligence.

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00:06:12

Gamestop ‘meme’ stock sees surge after cryptic social...

Business ·

2024/05/14

US video game retailer Gamestop closed trading 75 percent higher on Monday after investors boosted its shares following a social media post by Keith Patrick Gill, also known as "Roaring Kitty" on X. In this edition, we take a look at why Gamestop was the recipient of a previous social media-fuelled boom in 2020 and what's behind this latest move. Also, OpenAI has launched an updated ChatGPT which includes a hyper-realistic voice assistant.

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00:05:24

'Choose France' Summit: France bags €15 billion in...

Business ·

2024/05/13

French President Emmanuel Macron hosted around 180 global CEOs at the Palace of Versailles for the 7th edition of the 'Choose France' investment summit, where a record €15 billion across 56 projects were pledged. Macron however warned that Europe needs to rethink its business model in the face of rising protectionism in the US and China.

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00:05:53

'Choose France' business summit looks to seduce...

Business ·

2024/05/13

The 7th annual foreign investment summit known as "Choose France" kicks off at Versailles with €15 billion in new projects expected. Also in this edition, China prepares a $140 billion debt float to fund economic stimulus. Plus, hundreds of environmental activists storm Tesla's Gigafactory in Germany.

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00:05:50

French Olympic torch relay sets stage for Games sponsors

Business ·

2024/05/08

As the Olympic torch reaches French soil this Wednesday, we look at the kinds of opportunities the relay will offer sponsors over the course of 68 different stages, potentially reaching 90 percent of the French population. Of course, the relay pales in comparison to the billions of people who will tune in to watch the actual Games. Also in this edition: France's Flamanville nuclear power plant finally gets the green light to come into service, 17 years after construction began.

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00:05:32

TikTok sues US government to block law that could ban...

Business ·

2024/05/07

TikTok and its Chinese parent company ByteDance have filed a petition with a US court, seeking to block a law that forces them to sell the social media app to a non-Chinese buyer or face a ban. They argue the legislation is unconstitutional, setting the stage for a historic legal battle. But first, China's President Xi Jinping has arrived in Serbia on the second leg of his European tour. He expects to receive a much warmer welcome than he did in France.

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00:06:21

'Recipe for a Livable Planet': New report on how to...

Business ·

2024/05/07

The World Bank Group has released a new report outlining how global agriculture and food production can be overhauled in order to cut carbon emissions and limit global warning to 1.5°C above pre-industrial levels. In this edition, we speak to Julian Lampietti, Global Agriculture Practice Manager at the World Bank, about the steps that need to be taken and whether they go far enough.

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00:05:03

US Federal Reserve keeps interest rate unchanged at...

Business ·

2024/05/01

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight. The US central bank will slow down the pace of quantitative tightening from next month, reducing the cap on Treasury bonds it allows to run off each month to $25 billion from the current $60 billion.

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00:05:48

How Iran has managed to evade sanctions on its oil...

Business ·

2024/04/17

As the US government and its allies mull new sanctions on Iran after Tehran's missile and drone attack on Israel, we look at whether existing sanctions have been effective at stemming the flow of Iranian oil to global markets. Also in this edition, we see how global oil markets are reacting to the crisis in the Middle East. Plus, the Canadian government unveils a new budget that promises to increase taxes on the rich, while boosting spending on education and housing.

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00:03:22

Chinese growth beats expectations in first quarter...

Business ·

2024/04/16

China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile, German Chancellor Olaf Scholz is on a three-day visit to China, Berlin's top trading partner.

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00:05:00

US inflation comes in hot, casting doubt on June Fed...

Business ·

2024/04/11

The US consumer price index for March stood 3.5 percent higher than a year earlier, as inflation proved stickier than expected. A rate cut from the Federal Reserve, anticipated for June, is now in doubt. Also in this edition: the UN's climate chief calls for a new finance deal for developing countries, saying nations have two years to save the planet.

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00:02:41

The rise and fall of Atos, the European tech champion...

Business ·

2024/04/10

French IT services and consulting firm Atos unveiled a refinancing plan on Tuesday that failed to fully reassure investors. In this edition, we take a look at how the company, which provides cybersecurity services to the Olympic Games and supercomputers for France's nuclear arsenal, accumulated close to €5 billion in debt.

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00:05:27

A look back at the Panama Papers scandal, as first...

Business ·

2024/04/09

The trial of 27 people charged in the "Panama Papers" tax evasion and money laundering scandal opened in Panama on Monday. After the first day of hearings, we take a look back at the bombshell investigation that showed how the world's rich and famous used shell companies to avoid their domestic tax authorities. Also in this edition, FRANCE 24's Bryan Quinn reports on US President Joe Biden's second attempt at cancelling student loan debt for 30 million Americans.

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00:05:54

China commerce minister hits back at EU electric car...

Business ·

2024/04/08

China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector. Also in this edition: US Treasury Secretary Janet Yellen calls out overcapacity in Chinese green energy exports as she wraps up a visit there, and Elon Musk faces off against a Brazilian Supreme Court justice.

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00:05:51

World Bank, UN estimate Gaza infrastructure damage at...

Business ·

2024/04/03

A new report by the World Bank and the United Nations, based on remote data collection sources, shows that damage to critical infrastructure in Gaza between October and January represents 97 percent of the GDP of the West Bank and Gaza from 2022. In this edition, we see how Israel's war on Hamas has levelled housing and social infrastructure in the Palestinian territory. Plus, FRANCE 24's Bryan Quinn tells us about the economic issues that came up in a phone call between US President Joe Biden and

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00:04:57

Senegal: Economic sovereignty dominates...

Business ·

2024/04/02

As Senegal's President-elect Bassirou Diomaye Faye is sworn in this Tuesday, we focus on the major economic challenges facing the country. In a bid to lower Senegal's 20 percent unemployment rate, the anti-establishment leader is pushing for measures that will boost job creation and lower the cost of living. Among other things, he's pinned his hopes on the country's oil and gas reserves. Also in this edition, California's fast food workers are now among the best paid in the US, earning $20 per

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