Latest from Redmond Carolipio

• Dec 5, 2022

  Oil prices rise as cap kicks in

  

  From the BBC World Service: Oil prices rise as an E.U. embargo on seaborne Russian oil comes into effect, along with a price cap. Estonian minister Riina Sikkut tells us it’s not low enough – but it’s a start. Elsewhere, China begins to relax its zero-COVID policy. And, we find out how Kenyan farmers are adapting to climate change.

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• Dec 2, 2022

  It’s another better-than-expected day for the U.S. labor market

  

  Job numbers from the Labor Department came in strong, and to help us make more sense of them, we are joined by Chris Low of FHN Financial. Elsewhere, the saga over Biden’s student loan forgiveness plan has reached the halls of the Supreme Court. Then, we examine the Fed’s balancing act of taming inflation while also trying to keep people working.

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• Dec 2, 2022

  What does the future hold for China’s zero-COVID approach?

  

  We take a deeper dive into the policy, which has been the catalyst for a swelling of unrest and protests around the country. Elsewhere, the BBC reports on how BP is being urged to aid victims of the war in Ukraine.

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• Dec 2, 2022

  Europe edges closer to a price cap on Russian oil, but …

  

  From the BBC World Service: Not everyone is on board. Poland’s government is said to be seeking a cap that’s lower than the $60 broadly agreed to by European Union countries. And, some highlights from the last five years of our reporting from Turkey, Mozambique, India and the U.K.

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• Dec 1, 2022

  The Fed might ease up on interest rate hikes

  

  Inflation actually cooled off, just a touch, according to a key measure. We talk to Michael Hewson of CMC Markets in London about what slowing interest rate hikes could mean for an economy. Also, the head of the European Council met up with China’s president.

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• Dec 1, 2022

  Interest rates are high. How long can they stay that way?

  

  Fed Chair Jerome Powell offered some clues about that this week. Also, Giving Tuesday numbers show a growing sense of generosity. Then, we look at the speculation looming over Germany’s leadership as it pertains to relations with China.

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• Dec 1, 2022

  European Council chief meets with Chinese President Xi Jinping

  

  From the BBC World Service: An official visit by Charles Michel to Beijing comes amid persisting economic tensions between the two sides. Kenya’s president William Ruto has unveiled a new program to offer cheaper loans to entrepreneurs. It’s called the Hustler Fund – so named because on the campaign trail, Ruto said represented what he called the “hustler nation” of millions of young Kenyans struggling to make ends meet. UNESCO has added the French baguette to its “intangible cultural heritage” list.

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• Nov 30, 2022

  U.S. economy shows solid third-quarter growth

  

  A revised GDP report from the Commerce Department shows nearly 3% growth. Private sector jobs grew as well, but fell way short of expectations. We dive in further with Susan Schmidt. Also, frozen Russian assets might come in handy in helping Ukraine. Finally, we report on the death of Jiang Zemin, the former president of China.

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• Nov 30, 2022

  Twitter stops enforcing COVID misinformation policy

  

  The move was quietly made last week. Elsewhere, tens of thousands of striking academic workers appear to have a reached a deal with the University of California system. Then, we check in on Fight for $15 after 10 years.

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• Nov 30, 2022

  Could Europe use frozen Russian assets to rebuild Ukraine?

  

  From the BBC World Service: European commission president Ursula von der Leyen has proposed taking Russian assets that have been frozen in Europe and using them to compensate for wartime damages. Unrest has continued overnight in various Chinese cities as protesters call for an end to strict COVID measures. And if your flight is cancelled or severely delayed in the U.S., you’re entitled to compensation. In Australia, travelers no such guarantees, so consumer groups are pushing for better legal protections.

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