Economics & Economy

The "creator" economy is made up of platforms, social media, and marketing dollars. But the people driving that economy, of course, are those who upload and share their music, comedy, photographs, and videos. Some of those creators can make a living at it, but most of them don't.

(Global Edition) From the BBC World Service…Turkey’s currency is seeing a pop higher today as the country’s president calls for a boycott on U.S. electronic goods – further straining economic relations with America. We’ll explore what that means for the ongoing financial problems in Turkey. Then, Venezuelan president Nicolas Maduro said fuel prices in his country will rise to international levels, ending the government’s policy of gas subsidies – but what do higher prices mean for people who are already suffering from sky-high inflation and a troubled economic picture?

The “creator” economy is made up of companies that host platforms, of social media, of marketing dollars, and of course, the talent uploading and sharing their music, comedy, photographs, and videos. Some of those creators make a living, but most of them don't. Gaby Dunn knows first-hand the emotional rollercoaster of the creator economy; of never being sure if her videos or other work will pay off by the time rent is due. And that's despite being a proven online success.

It’s been a rough day for Monsanto, the maker of the weedkiller Roundup. On Friday a jury awarded a California groundskeeper $289.2 million, concluding that exposure to Roundup caused his cancer. On Monday stock in Bayer, the company that acquired Monsanto earlier this year, tumbled 10 percent.

Click the audio player above to hear the full story. 

Turkey’s new debt problem

19 hours ago

Turkey’s currency fell to a new record low today. Year to date it’s lost almost half its value, leading some investors and lenders inside and outside of Turkey to lose confidence in the Turkish economy.