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Markets tumble as recession fears grow

Panic gripped Wall Street on Wednesday as investors fled shares amid fears over a US-China trade war and the health of the global economy.

Panic gripped Wall Street on Wednesday as investors fled shares amid fears over a US-China trade war and the health of the global economy. We get analysis from Susan Schmidt of Aviva Investors in Chicago. Argentine President Mauricio Macri has announced a series of "relief" measures, days after a defeat at the polls triggered economic turmoil. But will they work? A question for Jimena Blanco, Head of Latin America Research at the global risk consultancy Verisk Maplecroft. Plus, bananas in Colombia are in danger, as Panama disease tropical race 4 has been identified in the country. Dr Fernando Garcia-Bastidas explains why combating it is such a challenge. We look at WeWork, a workspace company which has just filed its IPO, and examine the effectiveness of co-working space. And the popularity and sustainability of the new wave of takeaway food delivery companies.

All this and more discussed with our two guests throughout the show: Rhonda Vonshay Sharpe, president of the Women's Institute for Science, Equity and Race, in Richmond, Virgini. And Eleanor Jones, tech consultant and founder of Skintelligent, in Singapore.

(Photo: a trader in New York looks glum. Credit: Reuters.)

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53 minutes

Last on

Thu 15 Aug 2019 00:06GMT

Broadcast

  • Thu 15 Aug 2019 00:06GMT

Podcast