Stephanomics
Stephanomics
Bloomberg
How will countries around the world cope with persistent inflation and high borrowing costs? Are central bankers helping to abate the cost-of-living crisis or are they moving us all closer to recession? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life. 
Introducing: The Deal with Alex Rodriguez and Jason Kelly
The Deal, hosted by Alex Rodriguez and Jason Kelly, features intimate conversations with business titans, sports champions and game-changing entrepreneurs who reveal their investment philosophies, pivotal career moves and the ones that got away. From Bloomberg Podcasts and Bloomberg Originals, The Deal is available on Apple Podcasts, Spotify, iHeart, Bloomberg Carplay, or wherever you get your podcasts. You can also watch The Deal on Bloomberg Television, and Bloomberg Originals on YouTube.See omnystudio.com/listener for privacy information.
Feb 29
1 min
Introducing: Bloomberg Daybreak Europe Edition
As you await the latest episode of Stephanomics, check out another podcast from our team here at Bloomberg: Daybreak Europe Edition. Every episode delivers the day's top stories, with context, in just 15 minutes. Available every morning by 7am GMT in your feed.  Subscribe On AppleSubscribe On SpotifySubscribe On Youtube Subscribe On Podcast Addict Subscribe On AudibleSee omnystudio.com/listener for privacy information.
Jan 16
13 min
Introducing: Bloomberg News Now
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.      on Apple: trib.al/Mx9TCh1     on Spotify: trib.al/T4BG8s4     Anywhere: trib.al/O4EX6BASee omnystudio.com/listener for privacy information.
Dec 15, 2023
51 sec
Introducing: Elon, Inc.
At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos and a panel of guests including Businessweek’s Max Chafkin, Tesla reporter Dana Hull, Big Tech editor Sarah Frier, and more, will break down the most important stories on Musk and his empire. Listen wherever you get your podcasts.See omnystudio.com/listener for privacy information.
Nov 13, 2023
43 sec
To Rebuild, Ukraine Needs Millions of Women to Return Home
Seventeen months after Russia invaded Ukraine, millions of Ukrainians remain scattered around the world, with no end to the war in sight. Many of those who fled are women and children. Unless they return when the fighting is over, some of the damage inflicted on their country's economy may become permanent. On this season’s final episode of Stephanomics, Kyiv bureau chief Daryna Krasnolutska explains why women are so critical to Ukraine’s recovery. Most men age 18-60 aren’t allowed to leave the country, which explains why 68% of Ukrainian refugees are women. Of them, some 2.8 million are working-age. Host Stephanie Flanders talks with Bloomberg Economist Alexander Isakov, who estimates that Ukraine’s economy would lose $20 billion a year, or about 10% of its pre-war GDP, should none of them return. The government, which says it needs 4.5 million workers to achieve its reconstruction goals, is working on incentives, including narrowing the gender pay gap, to lure them back. Flanders also chats with Marta Foresti, a senior fellow from the Overseas Development Institute in London, who discusses the importance of refugees (especially women) to their home economies, as well as her experience of working with returnees to Sierra Leone after its decade-long civil war.See omnystudio.com/listener for privacy information.
Jul 27, 2023
30 min
‘Cursed’ Nations Want to Turn Green Minerals Boom Into a Blessing
The green minerals boom has triggered a new scramble for natural resources across the developing world. From Southeast Asia to Africa, countries rich with raw materials necessary for things like electric vehicle batteries are trying to capitalize on it without falling victim to the “resource curse.” There’s a long and inglorious history of commodity-rich economies failing to get rich from their natural wealth. The money pours in from industrialized nations when global demand is high, but when boom turns to bust, they often end up worse than neighboring economies not similarly “blessed.” Those nations are hoping this time could be different. On this episode of Stephanomics, reporter Claire Jiao hears how Indonesia, home to a large chunk of the world’s nickel, has led the way by banning the export of processed forms of the metal so vital to the production of EVs. The idea is that instead of exporting its enormous reserves of raw nickel and bauxite, it can turn them into EV batteries, or even EVs themselves, for shipping abroad, thereby kickstarting local manufacturing. So far, it seems to be working. Host Stephanie Flanders then sits down with Jim Cust, senior economist for Africa at the World Bank, and senior reporter Jack Farchy to discuss whether Indonesia has set an example African nations could follow as they look to partake in this new gold rush, and whether pulling it off to the scale will be the exception or the rule.See omnystudio.com/listener for privacy information.
Jul 20, 2023
31 min
What the World Doesn’t Understand About China’s Ambitions
People in China are blocked from seeing much of what’s happening in the outside world. For outsiders, it can be just as difficult to see in. This week, Stephanie interviews Keyu Jin, professor at the London School of Economics and author of The New China Playbook. Jin discusses what she considers misunderstandings of China’s ambitions and goals in the world, and the risks that come with such views. She says that one of the biggest misconceptions is that China is trying to displace the US. What it’s really aiming for, Jin explains, is to improve living standards for its middle-income earners. She also discusses the current state of China’s economy, its relations with the US and Europe and the skills gap contributing to high youth unemployment. Within China, there’s widespread gratitude and deference toward the government, something outsiders often find surprising, Jin says. But she warns this could change if slower economic growth translates into fewer high-quality jobs.See omnystudio.com/listener for privacy information.
Jul 13, 2023
31 min
Some Cities Have Emerged Stronger From the Pandemic. Others Haven’t
Covid-19 was supposed to mean the end of the city as we know it. Buzzing urban centers would give way to boarded-up ghost towns as white-collar employees worked from home in perpetuity. Now, two months after the pandemic’s end, it’s clear that dystopian vision won’t come to pass. But among the best-known cities, winners and losers are emerging. Some have people and riches flowing in while others struggle to recover. On this week’s episode of Stephanomics, we start off in Dubai, a popular destination for wealthy Russians who fled when Vladimir Putin launched his war on Ukraine. Bloomberg Television anchor Manus Cranny tells host Stephanie Flanders about the city’s massive increases in rent, and in particular his own experience. It’s a similar story in Singapore, says Bloomberg Senior Reporter Michelle Jamrisko. As Xi Jinping pushes his “common prosperity” mandate at home, the richest Chinese are looking to protect their assets by pouring money into the city-state. The influx of wealth has in turn turbocharged rents and restaurant prices, all at the expense of a shrinking middle class. When it comes to the losers in this post-pandemic shakeout, look no further than San Francisco. Once the glittering high-tech hotbed of wild wealth and exorbitant real estate, the outflow of people and money exacerbated by the recent tech downturn may have done irrevocable damage, says California Bureau Chief Karen Breslau. Flanders speaks with her and Bloomberg Opinion columnist Justin Fox about how San Francisco’s fate compares with other US cities, many of which are managing to climb back.See omnystudio.com/listener for privacy information.
Jul 6, 2023
38 min
Why a US Recession Might Happen in Time for 2024 Election
The US economy has proven resilient after more than a year’s worth of interest-rate hikes, with a steady drumbeat of recession predictions having been proven wrong. New data released this week continued to point away from a downturn. Still, some forecasters warn a recession might still be coming, and that it could coincide with the 2024 presidential election. On this week’s episode, we look at how the current leading candidates for the White House are framing the economy. Bloomberg Senior Reporter Nancy Cook describes the challenge facing President Joe Biden: the economy has thrived on his watch, especially in terms of record low unemployment, but the overhang of persistent inflation weighs heavy on voters’ minds. Meantime, Florida Governor Ron DeSantis and former President Donald Trump haven’t put forward any economic plans and have largely focused on divisive social issues and the threats posed by China. Then Stephanie sits down with Michael Strain, director of economic policy studies at the American Enterprise Institute, a right-leaning think tank, and Bloomberg economist Anna Wong. They discuss how the US economy will evolve leading up to the 2024 vote, and how important it might be in deciding the election. Wong says that, while Biden’s signature economic legislation—the Inflation Reduction Act, the CHIPS and Science Act, and the Bipartisan Infrastructure Law—are investments that will play out in the long term, short-term costs of higher inflation and recession risks may offset the benefits, and even outweigh them.See omnystudio.com/listener for privacy information.
Jun 29, 2023
38 min
Climate Change Drives Global Inflation Even Higher
Climate change is fast transforming the planet. Global warming is fueling drought, massive wildfires, rising sea levels and stronger hurricanes. Now scientists and economists are worried about another knock-on effect: faster inflation. On this episode of Stephanomics, we hear from reporter Laura Curtis, who explains how drought has lowered the water level of a lake feeding the Panama Canal, which could in turn boost shipping costs. A similar phenomenon is already playing out in Europe, where low water levels in the Rhine River are making it more expensive to transport key commodities across the continent. Then host Stephanie Flanders chats with Deutsche Bank macro strategist Henry Allen and Bloomberg economist Bhargavi Sakthivel about the economic impacts of El Nino, a period of unusually warm water in the Pacific Ocean. The system, which scientists say is becoming more frequent and intense thanks to global warming, is already placing upward pressure on prices of agricultural goods like coffee and sugar. That could lead to higher inflation and lower growth in several countries in the tropics and southern hemisphere.See omnystudio.com/listener for privacy information.
Jun 22, 2023
23 min
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