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Ukraine: The economic impact on the arms industry

In total, the US has committed more than $13.5 billion in security assistance to Ukraine, so how have arms manufacturers done during the crisis?

In total, the US has committed more than $13.5 billion in security assistance to Ukraine, so how have arms manufacturers done during the crisis?

Another big handout from the US government is going to some of the nation's former students who have huge loan debts. President Joe Biden has announced a relief package, forgiving $10,000 in debt for borrowers who earn less than $125,000 per year.

Pink Floyd have become the latest music legends to have multi-million dollar bids for their back catalogue, some reaching almost half a billion dollars. If it works they could be joining music stars Neil Young , Bob Dylan and Stevie Nicks who have also opted to cash out and hand over the rights of their songs to corporations like Hipgnosis, Sony and Primary Wave.

Roger Hearing is joined by Joint Managing Partner of TSMP Law Stefanie Yuen Thio in Singapore and Chief Investment Officer at Greenwood Capital Walter Todd in South Carolina.

(Photo: US President Joe Biden comments before signing The Inflation Reduction Act in the State Dining Room of the White House August 16, 2022 in Washington, DC. Picture Credit: Getty Images)

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50 minutes

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  • Thu 25 Aug 2022 00:06GMT

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