Treasury Secretary Janet Yellen speaks to American Bankers Association President and CEO Rob Nichols, Tuesday, March 21, 2023, in Washington. 

The risk of global banking ‘contagion’

Full Episode

Treasury Secretary Janet Yellen speaks to American Bankers Association President and CEO Rob Nichols, March 21, 2023, in Washington. 

Manuel Balce Ceneta/AP

Contagion is a medical term, but it applies to the banking world, too. Investors are worried that the problems at a handful of American banks could ripple across the world economy and that unexpected surprises may be lurking. And, Ecuador finds a novel way to convert seized cocaine into cement. Also, the outgoing head of the UN’s World Food Program, David Beasley, has long argued that growing global food insecurity should be addressed with structural solutions — not handouts. Beasley talks about how the world can adapt to the new, worrisome challenges hunger poses. Plus, the latest sounds from the innovator of the Hindustani slide guitar, Debashish Bhattacharya.

In This Episode

people at building entrance
The risk of banking ‘contagion’ 
Special Coverage
Inquiry into London metropolitan police yields damning findings
Ecuador converts seized cocaine into cement
Surfing instructor Godpower Tamarakuro Pekipuma in Lagos, Nigeria.
‘Walking on water’: Surfing makes waves in Nigeria
Special Coverage
‘Don’t just give us money or food’
Colleagues gather at a cafeteria in the offices of Picsart, in Yerevan, Armenia.
Russia’s war turns Armenia into a booming tech sector
Special Coverage
UN says still time to fight climate change
Artwork by Nelli Isupova, who lives in Kyiv, Ukraine.
A family of artists expresses how the war in Ukraine impacts their creative work
Special Coverage
Looks like a guitar, sounds like a sitar