US government borrowing costs hit the highest level since 2002

US government borrowing costs hit the highest level since 2002

Government borrowing costs are rising sharply around the world, led by a sell-off in US government bonds. The yield on the benchmark 10-year US Treasury has climbed above 5.3%, its highest in more than two decades. Also, a US judge has cleared the way for Paramount’s $110 billion takeover of Warner Bros. Discovery. Manchester City’s main sponsor, Etihad Airways, is considering legal action against the Premier League. And in Japan, consumption of its national drink, Sake, has fallen to around a third of its 1970s peak, as tastes have shifted towards drinks including beer, wine and whisky.

Presenter: Bisi Adebayo Producer: Guy Kilty Editor: Justin Bones

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Jaksot(48)

Students protest in France, as fiscal concern mounts

Students protest in France, as fiscal concern mounts

Jean-Claude Trichet , former president of the European Central Bank, joins the programme to discuss economic stability. We hear his thoughts on the student protests in France and that country's fiscal...

16 Loka 25min

Tesla shares rise after 'flying' car launch

Tesla shares rise after 'flying' car launch

Shares in Tesla have climbed after Elon Musk's carmaker launched its new 'flying' Roadster car. EU leaders are meeting in Brussels, with its two biggest members - France and Germany - calling for toug...

16 Loka 8min

The Tesla Roadster is finally here

The Tesla Roadster is finally here

Tesla is set to show off its latest EV, the Roadster, nearly nine years after it first unveiled the next-generation version of the electric sports car. We'll be hearing if Tesla's bet on an ultra luxu...

15 Loka 26min

Brazil cuts working week from six days to five

Brazil cuts working week from six days to five

Brazil's Congress has approved a constitutional amendment that will cut the working week from 44 hours to 40 and give employees two days off per week without cutting their salary. The change represent...

15 Loka 8min

US inflation is on the rise again

US inflation is on the rise again

US inflation figures are higher than forecast in September. With the price of diesel and food increasing, lower income Americans have been hit the hardest. We hear from a saw manufacturer in Iowa and ...

14 Loka 26min

US inflation heats up

US inflation heats up

US inflation rose more than expected, climbing to 3.7% from 3.4% in the year to September. We'll look at what's driving the surprise increase in prices. China's exports are getting a boost from strong...

14 Loka 8min

IMF warns of global GDP shock if AI bust happens

IMF warns of global GDP shock if AI bust happens

IMF managing director Kristalina Georgieva warns that an AI bust could wipe 1% off global GDP, rising to 1.8% in the U.S. The warning came as global tech and semiconductor stocks fell. We go to Ohio, ...

14 Loka 26min

Formula 1 heads back to Africa

Formula 1 heads back to Africa

Rwanda will host the F1 African Grand Prix in a 10-year deal starting in the early 2030s. We delve into why F1 wants Africa back on the calendar. Earnings season gets underway with results from some o...

13 Loka 8min

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