Money Talks: covid-19 spreads
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 25 February 2020
⏱️ 27 minutes
🧾️ Download transcript
Summary
Stockmarkets saw some of the sharpest falls in years after a rise in new coronavirus cases. Is a global economic downturn on the cards? Also, Argentina faces serious debt difficulties—can it strike a new deal with the International Monetary Fund? And, Professor Diane Coyle, from Cambridge University, on the importance of the “data economy”. Rachana Shanbhogue hosts
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Transcript
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters that they listen to and understand their client's needs. |
| 0:14.8 | With global expertise and over two centuries of experience, Citi provides tools, insights and |
| 0:20.8 | guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are city. |
| 0:26.0 | Learn more at city.com slash we are city. City. on Economist radio, our weekly podcast on Business and the Markets. |
| 0:44.8 | I'm Ratch Neshan Bode, the Europe Economics Correspondent. |
| 0:48.9 | Coming up on today's show, global markets suffer from coronavirus jitters. |
| 0:55.0 | How will Argentina tackle its unsustainable debt? |
| 0:59.0 | And the value of data? |
| 1:01.0 | What benefits can the data economy bring? |
| 1:04.0 | Financial markets have stabilized after a surge in the number of cases of COVID-19 outside of China. |
| 1:17.0 | Spikes in the number of infections in Italy, Iran and South Korea triggered a fearful market response on Monday. |
| 1:24.0 | Fear is growing that it won't be possible to stop the global spread of coronavirus. |
| 1:29.0 | Stocks around the globe have tanked due to concerns over the coronavirus. |
| 1:34.0 | Tenure T-0 yield is approaching a record low. |
| 1:37.1 | That would be 1.33% down 10 basis points here. |
| 1:40.8 | You were warned it was going to be a rough opening on Wall Street this morning. |
| 1:44.2 | Stocks actually around the globe have been really taking a hit. |
| 1:46.4 | The Futsi 100 had its worst day in four years. |
| 1:49.8 | Stocks on Wall Street fell by more than 3 percent and Milan's stock market dropped by 6%. |
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