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Episode details

World Service,31 Oct 2020,53 mins

Global market nerves

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Global stock markets fall amidst election and pandemic nerves. The worst week and month on US financial markets since March comes as the Eurozone economies experience strong quarterly growth, but that is not enough to reverse the declines in the first half of 2020 due to the pandemic. And fears grow of rich world economies going back into hibernation because of the second wave hitting Europe. Chris Low of FHN financial breaks down the data causing the market jitters. Kai Ryssdal of our sister station Marketplace checks in to talk about a Pennsylvania businessman who is anxious about what the US election will mean for his company. Also in the programme, we ask what if you've been stranded at sea since the start of the pandemic - and can't get home. An estimated 400,000 seafarers, are in that position. Plus, India has applied for Geographical Indication status for Basmati rice, which would prohibit Pakistan from exporting it to the EU. All through the show we'll be joined by Colin Peacock of Radio New Zealand. (Picture: a man wearing a face mask in front of the Euro currency symbol. Credit: AFP.)

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