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US banks reveal earnings amid uncertainty

US banks unveil their earnings and reveal some nervousness about what the future holds. Also, why a search for Nazi gold is causing havoc in the Netherlands.

The earnings season is kicking off - and it is closely watched as big companies declare what the last quarter of 2022 brought them. First to declare have been some of the biggest US banks. One major lender in the United States said it had set aside $1.4 billion in anticipation of a 'mild' recession.

What's it like to live in a country where inflation hit almost 95%? We hear from Argentina, which has experienced its highest rates in three decades.

As Tesla make big cuts of up to 20% to the price of their electric cars, are we heading towards a price war in the EV market?

Also, why a search for Nazi gold is causing havoc in the Netherlands.

(Picture: US Dollars. Credit: Getty Images.)

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27 minutes

Broadcast

  • Fri 13 Jan 2023 22:32GMT