Extreme Inflation From A to Z: Zimbabwe

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 19 April 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for April 19. We end our series on inflation in Zimbabwe. The country recently launched a new currency, but will it help locals who struggle with inflation and can’t save? Producer Anthony Bansie reports. Plus, Tesla recalls 3,878 Cybertrucks to repair or replace faulty accelerator pedals. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform, helping you reduce costs everywhere.
0:09.0	Back by popular demand, Net Suite is extended its one-of-a-kind flexible financing program for a few more weeks.
0:15.8	Head to Netzweed.com. Wall Street.
0:19.8	Israel and Iran back away from the brink but stay in the danger zone and Tesla recalls
0:29.3	more than 3,800 cyber trucks plus we'll dive into Zimbabwe's complicated history
0:35.2	with inflation.
0:36.2	Currencies are basically backstopped by trust
0:39.7	that if you put money in your bank,
0:41.9	you can get it. You put a dollar in, you can take a dollar out.
0:46.0	If you don't have that trust, like what's a currency worth?
0:50.0	It's Friday April 19th.
0:51.6	I'm Anne Marie Fertulli for the Wall Street Journal. This is the PM edition of
0:55.4	What's News, the top headlines and business stories that moved the world today. First, some updates on a story we brought you this morning. Israel retaliated overnight
1:11.2	against Iran's massive drone and missile attack on its territory.
1:14.8	People familiar with the matter said, with what appeared to be a limited strike,
1:18.8	aimed at avoiding an escalation cycle that could push the countries closer to war.
1:23.0	One of the people said the attack was a targeted strike in the area around Isfahan in Central Iran.
1:29.0	Iranian state media downplayed the incident.
1:31.0	The narrow Israeli attack and Iran's soft rhetoric
1:34.5	and response appeared to be an attempt by both sides to calm tensions. After more
1:39.0	than a week of concerns Israel's war with Hamas and Gaza would grow into a larger regional conflict.
1:44.4	U.S. Secretary of State Anthony Blinkin declined to say whether the U.S. had
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.