Big Pharma Needs New Drugs. China Has Them

It’s been a big week for central banks around the world. Yet among the flurry of rate decisions, the Bank of Japan’s move stands out. After decades of near-zero interest rates, policymakers are betting Japan’s economy is finally returning to something closer to normal. On today’s ...  Show more

The “working class” in America used to conjure a vivid image: factory workers, blue-collar jobs and a political coalition born out of the Industrial Revolution. But as Republicans and Democrats try to court voters ahead of midterms, a question keeps coming up: What is the working ...  Show more

A drought has dramatically reduced the Panama Canal’s capacity, leading to higher costs and big delays for US-bound goods. Reporter Mie Dahl and economics professor Sharat Ganapati deliver the shipping news. This episode was produced by Jesse Alejandro Cottrell and Haleema Shah, ...  Show more

The important shipping route runs for 82 km through Central America, connecting the Atlantic and Pacific Oceans.But a long period of dry weather means the water in the canal is very low, reducing the number of boats that can travel though.We travel to Panama to look at the impact ...  Show more

Some of private equity’s biggest names are handing over companies they own to the lending arms of rivals, and Iran is dealing with the consequences of ultra-cheap petrol. Plus, the FT’s Christine Murray explains how the shipping industry is dealing with a severe drought that’s ...

The commercial pipeline is clogged. Every year, this supply chain brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the United States. And right now, no one knows how to unclog it. 

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