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Money Talks from The Economist

Money talks: W-T-Oh

Money Talks from The Economist

The Economist

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

4.41.2K Ratings

🗓️ 17 July 2018

⏱️ 15 minutes

🧾️ Download transcript

Summary

How can world leaders fix the World Trade Organisation? Also, we discuss the runners and riders to replace Mario Draghi as president of the European Central Bank. And, after the World Cup in Russia why is the football transfer market unusually quiet? Helen Joyce hosts

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Transcript

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0:00.0

Picture this, static cars, idling engines, angry horns.

0:08.0

Now, picture you, zooming past it all, light and breezy.

0:15.0

Ah, the sweet feeling of whizzing past traffic.

0:20.0

Book your train journey via Avanti westcoast.co. UK.

0:25.0

avante west coast feel good travel. Hello and welcome to Money Talks on Economist radio. I'm Helen Joyce, the finance editor at The Economist.

0:42.0

Coming up on today's show, The Jockeying is... Helen Joyce, the finance editor at The Economist.

0:42.8

Coming up on today's show, the jockeying

0:44.9

is starting to be the next president of the European Central Bank.

0:48.2

The ECB, if you sort of look ahead,

0:50.4

we'll be in charge of gradually withdrawing the stimulus that has been introduced

0:54.6

over the past five or six years and that's a really very big task.

0:58.3

And why the post World Cup football transfer market is unusually quiet.

1:03.0

One of the things that's really changed in the last four years has been the amount to which

1:06.4

clubs have really paid attention to big data.

1:08.3

They're hiring more and more analysts and so they're paying more attention to number crunching.

1:15.0

First, the WTO.

1:17.0

In April, Donald Trump called the organization unfair and said that it gave China

1:22.0

tremendous perks and advantages.

1:24.0

And on Monday Donald Tusk, the European Council's President,

1:27.0

said that Europe should form a common front with China against US trade tariffs

1:31.0

as part of a broader rethink about how the WTO works.

1:34.8

I'm joined in the line by Samaya Keynes, our US economics editor in Washington.

...

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