January 13, 2011
Posted: 1648 GMT
By Ali Velshi
In a tragic new twist on "the gunshot heard around the world", the tragedy in Arizona has people around the world talking about the political tone in the U.S., how the U.S. deals with the mentally ill and, of course, guns. Much of the world still looks to the U.S. as a country which, strangely to some, affords it's citizens constitutional protection to be armed to the teeth. But how DO America's gun laws compare to those of other countries, and what effect have different gun laws had on crime?
In the first Q&A of the year, Richard Quest and I will take a different approach. We'll offer our thoughts on guns and laws. Then, instead of The Voice asking us questions, we'll tell each other – and you – what we've learned about gun laws around the world.
Tune in at 2:22p EST / 20:22 CET.
December 22, 2010
Posted: 1724 GMT
2010 was a whirlwind year for the world’s markets and economies.
Greece and Ireland suffered economic bailouts to avoid taking down the rest of Europe.
While Europe stumbled and the U.S. sputtered on the road to recovery, oil, gold and other commodities are back at record highs, fueled by growth in places like China, Brazil and India.
America’s banks were forced to halt or delay home foreclosures over shoddy paper work, prolonging the U.S. housing malaise, but mortgage rates hit record lows.
Globally, unemployment continues to fester, as workers everywhere wake up to changing labor needs in an increasingly inter-connected and automated global market place.
With stocks in the U.S. rallying to two-year highs and housing prices there perhaps stabilizing, could 2011 be the year it all starts to turn around?
Watch Quest and Ali duke it out over THEIR predictions for your money in 2011
December 3, 2010
Posted: 839 GMT
November 17, 2010
Posted: 1652 GMT
Britain's Prince William asked his girlfriend Kate Middleton to marry him
The role of royalty in a democratic age. Unelected, some believe unnecessary. But still loved, and revered by so many others.
The role of royalty in an austere age. Outdated and expensive, some critics might say. But for many the source of a welcome good news story. This week’s events in the UK are testament to that.
Royalty divides opinion. A select few born into a life of privilege. A life steeped in tradition, tangled up with history, national pride, rarely affording the chance of a “normal life”.
There’s no doubt the world’s monarchies are never out of the spotlight, and we lap it up. And it’s always been that way. Think of the age-old legends, the royals with blue blood, the princess so delicate she can feel a pea through 20 mattresses, the bleak Russian rumors of the missing Romanov sisters. Our fascination with the royals is as old as the sprawling dynasties themselves.
This week’s Q+A will be delving into this global obsession. Tune in Thursday to watch and leave us ideas for next week’s Q & A in the comments section (right underneath here).
November 10, 2010
Posted: 1937 GMT
We buy GOLD
by Ali Velshi
Gold is back in vogue; and, perhaps the gold standard is next. I'm talking about a monetary system whereby central banks value their currencies to a fixed weight of gold. That's the system we had in the United States until Presdient Richard Nixon took the U.S. dollar off it in 1971. Since then, the Federal Reserve has managed the money supply by swinging from raising interest rates and pulling back buying up debt to printing money and lowering rates depending on the Fed's read of the economic situation.
Now, World Bank president– and former high official at the U.S. Treasury– Robert Zoellick says we need to go back to some sort of gold standard to guide currency movements involving the U.S. dollar, the euro, the British pound, the Japanese yen, and China's currency, the renminbi. Zoellick's system would employ gold as the international reference point on inflation and deflation levels, and of course, currency values. The advantage of a gold standard system is long-term price stabilty; it limits the power of governments to go out print money whenever it wants to.
And, as we go into the G20 conference in Seoul, that message will become more attractive, as big exporters like Germany and China blast the U.S. Fed for injecting 600 billion dollars into the financial system. As German finance minister Wolfgang Shauble puts it: "It's not consistent when the Americans accuse the Chinese of exchange rate manipulation and then steer the dollar artifcially lower with the help of their printing press."
The Americans wouldn't have that luxury under a gold standard system. The question is would the U.S. be willing to cede that authority to gold?
Tune in Thursday at 2pm EST and 2000 CET for Quest and Ali's Q&A-style news quiz this week? Watch it unfold and take a bet on who will wint this week's Q&A.
November 4, 2010
Posted: 1554 GMT
The Bank of England also has done quantitative easing
First a big cruise liner…now a big economic gamble. The U.S. Fed’s decision to print an extra $600 billion takes America and the rest of the world into unchartered territory. We know why Bernanke did it. To try and stop deflation from undermining the U.S’s fragile recovery. But it’s a risky business, and we don’t yet know if it will pay off. On this week’s Q&A, Quest and Ali do battle over just how exactly you create money from nothing, and whether it can end the economic downturn. Tune in tonight, Thursday to watch and leave us ideas for next week’s Q & A in the comments section (right underneath here).
October 26, 2010
Posted: 2012 GMT
What’s the quiz topic for Q&A this week? That’s up to YOU! Last week Quest and Ali went head to head over the impact of China’s surprise rate hike. They’re back and ready to answer your questions. What business topic would you like to see on our Q&A-style news quiz this week? Share your requests in the comments section (below) and then see it unfold on air Thursday on Quest Means Business.
October 21, 2010
Posted: 1406 GMT
It’s that uncomfortable question. If Beijing sneezes, do developing economies catch a cold? Well, this week it was more like a raging fever. China’s small rise in interest rates (among other factors) sent U.S. stocks tumbling 165 points on Tuesday, and the rest of the world followed suit. But why, you might ask, does the world care so much about China? Well, fear not, Quest and Ali are back, and this week’s Q&A will be another battle of business wills to find the right answer to that question. Tune in tonight, Thursday to watch and leave us ideas for next week’s Q & A in the comments section (right underneath here).
September 28, 2010
Posted: 2134 GMT
Southwest Airlines just announced it will acquire rival company AirTran. So airlines are merging and making money, but is what’s good for airlines ALSO good for passengers? Have no fear, Quest and Ali are here and back with their Q & A-style news quiz. You choose the topic here on our blog, then every Thursday Richard and Ali have a go at it to see who can outsmart the other in the world of business news. Tune in Thursday to watch and leave us ideas for next week’s Q & A in the comments section (right underneath here).
September 27, 2010
Posted: 1243 GMT
Where were Quest and Ali? No, that’s not this week’s Q&A quiz question… both were away from the set for the past two weeks, but they’re back and ready to answer your questions. What business topic would you like to see quizzed this week? Share your requests here and then see it on air Thursday.
September 3, 2010
Posted: 1559 GMT
Last week it was vacations, this week it's all about whether your house helps or hurts your investment in the current economic conditions! Quest and Ali are here in this Q & A-style news quiz. You choose the topic here on our blog, then every Thursday Richard and Ali have a go at it to see who can outsmart the other in the world of financial news.
Check out this week’s video (right up there) and when you finish, let us know what you’d like to see next week by leaving a comment (right below here).
September 2, 2010
Posted: 1408 GMT
For sale and foreclosure signs in California
Is your home a shelter, a roof over your head? Or is your home the biggest investment you'll ever make? Can it be both? In uncertain economic times, property has traditionally been thought of as a hedge against other, more liquid types of investments. In good economic times, property has traditionally appreciated. Today, however, is unlike the past. So how does property fit into your life right now? Richard and Ali battle it out to answer this question at 1800GMT.