11 May 2022 01:46

Overturning Roe v Wade 'devastating' to economy, says Yellen

The US Treasury Secretary has said that overturning Roe v Wade, the landmark case protecting abortion access in the country, would have lasting negative effects on the economy. She was speaking to a Congressional Committee on Banking, Housing and Urban Affairs when she made the remarks. We speak to Professor Caitlin Myers, an economist from Middlebury College, Vermont, who specialises in reproductive policies. Staying in the USA, President Biden announced tackling inflation would be his number one domestic priority. We hear from former economic advisor to the Obama administration Jason Furman. Exercise bike maker Peloton is having a bumpy ride - revenue is down 24% and demand for the tech-connected machines slumped this year. Ian Sherr at CNET tells us more. India has ambitious plans to reforest large parts of land and the UK government mulls the legalisation of e-scooters on public roads. Throughout the programme we're joined by Madavan Narayanan, freelance writer and former senior editor at Hindustan Times in Delhi and by Hayley Woodin - usually found covering business news on Canada's west coast for Business in Vancouver - but currently studying at Columbia University in New York City. Picture: Janet Yellen testifies in Congress Credit: Reuters

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