Business, Economics and Jobs
Spain’s new eviction law may not keep squatters out
The goal of the law, nicknamed the Evictions Express, is to allow property owners with illegal tenants to get them out within 15 days. But the law relies on a court system that’s currently overwhelmed, with cases that are delayed for months or even years. Meanwhile, housing prices continue to rise, making it harder for people to pay rent.
Trump’s sweeping tariffs undermine decades-old global trade system
President Donald Trump’s wide-ranging tariffs announced on Wednesday are designed to project strength, raise revenue for tax cuts and revive US manufacturing. But skeptics say the tariffs will pull the rug out from under a global trade system that — despite its flaws — has delivered prosperity for many global players for decades. Host Carolyn Beeler discusses the implications with Ian Bremmer, president of Eurasia Group, an international consulting firm.
South Korea says it sent babies abroad for adoption ‘like luggage’
Since the end of the Korean War in the 1950s, South Korea provided an estimated 200,000 children for international adoptions. That’s believed to be more than any other country. But the Truth and Reconciliation Commission in South Korea now says the system was plagued with abuse and falsified information, and that it was driven by profits. The new report has been a long time coming for adoptees who have been pushing for more transparency.
A tiny Himalayan nation’s big crypto gamble
Bhutan has emerged as an unexpected player in the world of cryptocurrency. The Himalayan kingdom holds the fourth-largest state-owned stockpile of Bitcoin in the world. Its decision to capitalize on the trend has also provided a lifeline for the country’s struggling economy.
