US Stocks Stabilise After Sell Off
Global business news, with live guests and contributions from Asia and the USA.
US markets stabilised on Thursday after steep falls earlier in the day spurred by fears about US-China trade tensions and global growth. The rebound followed sharp falls in Europe and extended the sharp market swings seen in recent weeks. We get analysis first from Susan Schmidt, Head of US equities at Aviva Investors in Chicago. The Gulf Cooperation Council is holding a summit in Riyadh on Sunday, against the backdrop of a Saudi-led economic blockade against Qatar and Qatar's decision this week to leave the oil-producing cartel, OPEC. So how much cooperation can there be at the Summit? A question for Wadah Khanfar of the al-Sharq Foundation.The Oresund Bridge, which links the Danish capital, Copenhagen, and the Swedish city of MalmΓ¶, is a handy shorthand for smooth European cross-border cooperation. But what sort of success has it had in real economic terms? The bridge recently turned 18 - so our reporter Maddy Savage headed to southern Sweden.Have you been a voluntourist? A noun of the social media age used to describe a foreigner who goes to a poorer country to do well-meaning voluntary work. But are they actually doing more harm than good? The Βι¶ΉΤΌΕΔ's Manuela Saragosa has been investigating.
All this and more discussed with our two guests throughout the show.Diane Brady, Bloomberg BusinessWeek and Wall Street Journal writer turned media entrepreneur, with us from New York. And Andrew Peaple, Deputy Asia Finance editor for the Wall Street Journal, with us from Hong Kong.
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