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Money Talks from The Economist

Money talks: Breitbart and the business of nationalism

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 13 December 2016

⏱️ 16 minutes

🧾️ Download transcript

Summary

The conservative website Breitbart News is expanding its business into France and Germany after a boost from the American election. Our correspondent Elizabeth Winkler considers its chances of success abroad. Also on the show: Globalisation may be in reverse in the financial world. And, fifty-years old and under pressure from China, the Asian Development Bank is evolving. Simon Long hosts.

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Transcript

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0:00.0

May I have your attention please you can now book your train tickets on Uber and get

0:08.0

10% back in credits to spend on your next Uber ride so you don't have to walk home in the brain again.

0:16.5

Trains now on Uber. T's and C's apply. Check the Uber app.

0:19.9

Hello I'm Simon Long, the finance editor, and you're listening to Money Talks.

0:28.0

On this show, the ultra-conservative website, Bright Bart News, sets its sights on Europe.

0:33.4

It may seem a little odd to use the word professional, but Bright Bart would bring a

0:37.0

professionalization to right-wing media in France and Germany that could really lend new

0:41.9

force to those movements.

0:43.2

How long will we have capital without borders?

0:45.4

We don't want the hot money, but we do want long-term finance to continue and we need to be

0:50.7

sure that it's the second bit that's preserved and we don't have to worry about the first bit.

0:54.5

And finally, as the Asian Development Bank turns 50, we consider its role in a changing Asia.

0:59.7

They are beginning to ask, you know, what do they have to do in order to make sure that they remain

1:04.6

the prime development bank in Asia.

1:06.7

But first, the fortunes of the Conservative website Bright Bart News have risen with those of Donald

1:15.2

Trump.

1:16.2

Its influence in American politics continues to grow.

1:19.4

Last month, Mr. Trump announced Bright Bart's chairman Stephen Bannon

1:22.8

his chief strategist.

1:24.8

And now the Hardwright website

1:26.5

is venturing across the Atlantic into France and Germany.

1:30.2

Here with me to discuss its expansion

...

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