We examine pledges to ease the tariff burden on some US grocery staples. How will a reduction in levies on coffee and bananas help the consumer?
We also find out why food prices are going down in India and hear from Nobel laureate Joseph Stiglitz on what's driving increased global inequality.
Photo by JOHN G MABANGLO/EPA-EFE/REX/Shutterstock.
Coffee selection at a Safeway grocery store in Oakland, California, USA, 14 August 2024.
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COP30: Amid protests, a call for a global carbon tax
In Brazil, Indigenous protesters have stormed the COP30 venue in Belém over broken land rights promises. Inside, climate talks continue with shipping under scrutiny. Leanna Byrne chats with the secretary-general of the International Maritime Organisation, who’s pushing for a global carbon levy despite US and Saudi opposition. Also, a Chinese tycoon accused of running a vast scam compound in Myanmar is extradited to Beijing.And Greek farmers protest soaring costs, delayed subsidies and livestock diseases.
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Up in the air
We examine how the longest shutdown in the US history has affected the airline industry and hear from stranded passengers and furloughed air traffic controllers.
And, on day two of the COP climate conference in Brazil, we talk a South African minister on what it will take to help poorer nations fund the transition to clean energy.
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Crypto queen jailed for 11 years over $6 Billion bitcoin scam
Leanna Byrne gets reactions as a woman known as the Chinese crypto queen has been sentenced to jail in London for laundering billions in stolen bitcoin. Qian Zhimin was convicted of trying to launder more than sixty thousand bitcoins now worth around six and a half billion dollars.In Germany, OpenAI faces a legal setback after a court ruled it infringed copyright by reproducing song lyrics without permission.And Japan's SoftBank cashes out of Nvidia.
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Counting the cost of the longest-ever US shutdown
We hear from a worker who hasn't been paid in weeks and examine the wider impact on America's economy.
And, what's happening on the opening day of the COP30 climate conference in Brazil.
Netherlands