<p><iframe src="https://www.youtube.com/embed/Zp9E3Xaf4gA" width="100%" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>In 2022, the U.S. dollar reached its highest level since the early 2000s, but the dollar index has been trending downward as of August 2024. A weaker dollar is not necessarily a bad thing for consumers. A strong dollar may lead to higher prices for American consumers and reduced demand for U.S. exports, which can result in layoffs in key industries. Managing the value of the dollar is a balancing act, which can present challenges for the U.S. president, the Federal Reserve and other policymakers.</p>
<p>Chapters:<br />
0:00 Introduction<br />
1:37 Why the value of the dollar matters<br />
2:56 Why the dollar skyrocketed<br />
6:03 How the president can impact the dollar</p>
<p>Produced by: Charlotte Morabito<br />
Additional Reporting by: Jeff Cox, Gina Francolla<br />
Additional Camera by: Juhohn Lee, Emily Rabbideau<br />
Edited by: Nora Rapapport<br />
Animation: Christina Locopo<br />
Supervising Producer: Lindsey Jacobson<br />
Additional Footage: Getty Images, Reuters</p>
<p>» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC<br />
» Subscribe to CNBC TV: https:&#8230;</p>


How A Weakening Dollar Can Help American Consumers

<p><iframe loading="lazy" src="https://www.youtube.com/embed/xa5NVvuVGtc" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>This week’s auctions are fueling a quiet market tone. The latest is today’s 409 billion naira T-bills auction as investors await the PMA results. Chuka Nwachukwu, Head of ALM and Balance Sheet Management at UBA joins CNBC Africa for more market movements.</p>


maxresdefault

UBA: Investors await outcome of midweek PMA

<p><iframe loading="lazy" src="https://www.youtube.com/embed/GOaeWw8NtAg" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The domestic equities market has largely remained bearish this week attempting to reverse losses majorly due to bargain hunting on Oando, Stanbic and Seplat. Patrick Ejumedia, Head of Research at Sterling Asset Management and Trustees joins CNBC Africa for more market movements.</p>


Can Nigeria’s equities reverse bearish run?

<p><iframe loading="lazy" src="https://www.youtube.com/embed/ES6DUIOfhUo" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Stakeholders from both the public and private sectors converge at the Africa Social Impact Summit 2024 to deliberate and foster sustainable solutions to Africa’s most pressing challenges. CNBC Africa brings you highlights from the 2-day event.</p>


Africa Social Impact Summit 2024: Highlights Special

<p><iframe loading="lazy" src="https://www.youtube.com/embed/D0abjZPwRWA" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The first Esports World Cup took place in Saudi Arabia in 2024 as the industry looks to take professional gaming mainstream. With eSports becoming more professional and prize pools increasing, there is hope from insiders that the world of video games will be more widely accepted as a sport. Ralf Reichert, CEO of the Esports World Cup, joins CNBC&#8217;s &#8230;</p>


Pro video gaming: How eSports is taking off with big dollars behind it

<p><iframe loading="lazy" src="https://www.youtube.com/embed/oVk0Uk5-ecQ" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>MTN Group, Africa’s largest mobile phone company, added 3 million subscribers in the first quarter, taking the total number of its customers to about 288 million. This, despite difficult macro-economic conditions including high inflation in its key markets. CEO &#038; Group President, Ralph Mupita discusses the company&#8217;s outlook in a challenging environment.</p>


MTN Group Interim Results with CEO Ralph Mupita

<p><iframe src="https://www.youtube.com/embed/pzqJRGGOWc0" width="100%" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>A jet engine is the most important part of a commercial airplane. And repairing them has become a $58 billion dollar business. (Source: AeroDynamic Advisory)</p>
<p>A commercial jet engine is a complex, expensive machine, made up of thousands of parts. Engines typically stay in service for about 30 years and need to be taken off wing and overhauled roughly every 5-8 years. An engine overhaul can range from $4-15 million dollars. The process involves disassembling it and replacing all the worn or damaged parts like blades which can cost up to $30,000 a piece.</p>
<p>While passengers are flying in record numbers, manufacturing and supply chain problems have persisted post-pandemic. Boeing and Airbus delays on new aircraft have forced some airlines to fly older planes longer to keep up with demand. And the after market has been booming for older engines.</p>
<p>Demand for old engines, coupled with an engine recall has led to long delays in maintenance shops. Before the supply chain issues, a typical narrow&#8230;</p>


Why Airlines Like American Are Scrambling To Make Engines Last Longer

<p><iframe loading="lazy" src="https://www.youtube.com/embed/hejIIG_5kZ0" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>#CNBC<br />
&#8212;&#8211;</p>
<p>Subscribe: http://cnb.cx/2wuoARM</p>
<p>CNBC International TV: https://cnb.cx/2NGytpz</p>
<p>LinkedIn: https://www.linkedin.com/showcase/cnbc-international/</p>
<p>TikTok: https://www.tiktok.com/@cnbci</p>
<p>Facebook: https://www.facebook.com/cnbcinternational</p>
<p>Instagram: https://www.instagram.com/cnbcinternational/</p>
<p>Threads: https://www.threads.net/@cnbcint&#8230;</p>


Saudi Arabia’s sovereign wealth fund assets reach $925 billion

<p><iframe loading="lazy" src="https://www.youtube.com/embed/yLdDep1t6YY" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>For many, Singapore — the city that inspired “Crazy Rich Asians” — is synonymous with luxury, with top-tier accommodations, high-end shopping and restaurants.</p>
<p>But where to stay, shop and eat in a city that has so many options?</p>
<p>CNBC’s “First Class” series takes viewers into the city’s top hotels and Michelin-starred restaurants, wi&#8230;</p>


How the ultra wealthy travel in Singapore

<p><iframe loading="lazy" src="https://www.youtube.com/embed/wflLho-o9-4" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>As geopolitical tensions continue between China and the U.S., it would be fair to assume that American companies would not be welcomed by Beijing, particularly with more than 70 Chinese firms banned from importing goods into the U.S.</p>
<p>However, China continues to welcome American brands into the country. Arjun Kharpal explains why on the latest epis&#8230;</p>


Why are U.S. brands allowed into China?

<p><iframe loading="lazy" src="https://www.youtube.com/embed/SoFQZnxq2DM" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Transport and storage are two key aspects of international trade. Air and road transport accounted for 32 per cent of the country&#8217;s trade value in 2022. As Gauteng is a landlocked province, airfreight and road transport are vital for economic growth. This episode of Eye on OR Tambo SEZ will explore the potential impact of transport and logistics sector to include the value chain.</p>


Eye on OR Tambo SEZ: Gauteng’s logistics & warehouse sector

<p><iframe src="https://www.youtube.com/embed/TbscHpEpg6s" width="100%" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>“Pig butchering” scams got its name from the idea that scammers “fatten up” victims by building trust, and the strategy has amassed billions in stolen funds—particularly in the form of cryptocurrencies.</p>
<p>Losses from investment scams soared 38% to a new record high in 2023, according to the FBI’s Internet Crime Report. Of the $4.57 billion in funds reported stolen, $3.96 billion involved fraudulent crypto investments. So, why are these scams so successful and what is law enforcement doing about it?</p>
<p>Chapters:<br />
0:00 &#8211; Intro<br />
2:03 &#8211; What is pig butchering?<br />
4:40 &#8211; Tracing funds on the blockchain<br />
9:12 &#8211; Outlook</p>
<p>Produced, Shot, and Edited by: Kaan Oguz<br />
Animation: Christina Locopo, Jason Reginato<br />
Managing Producer: Jordan Smith<br />
Additional Footage: Getty Images</p>
<p>» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC<br />
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision</p>
<p>About CNBC: From &#8216;Wall Street&#8217; to &#8216;Main Street&#8217; to award winning original documentaries and Reality TV serie&#8230;</p>


How Americans Are Losing Their Life Savings To Crypto Fraud

<p><iframe loading="lazy" src="https://www.youtube.com/embed/pYNBQNmyk14" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>&quot;If you don&#8217;t aim for the top, then what are you doing in the sport?&quot;</p>
<p>Speed skaters Willem Murray and Freddie Polak have been racing each other on the ice since they were five years old. They hope their dedication to their sport will bag them Olympic medals in the near future.</p>
<p>Find out how athletes try to reach the peak of their discipl&#8230;</p>


What it takes to chase the Olympic dream

<p><iframe src="https://www.youtube.com/embed/mcMNXNhhBuE" width="100%" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Mexico has quickly become a major market for Chinese auto makers. Last year, China was the leading car supplier to Mexico, exporting $4.6 billion worth of vehicles. Some Chinese electric vehicle makers – including Tesla-rival BYD – have been looking for a further foothold in North America by exploring factory sites in Mexican states Durango, Jalisco, and Nuevo Leon. For Mexico, the foreign investment is an economic boost and some local governments have offered incentives to Chinese companies exploring factory options. But U.S. officials worry this could be a part of a larger strategy from Chinese auto makers to skirt trade restrictions and enter the American market. Experts say this leaves Mexico in a difficult position of maintaining its crucial relationship with the U.S. without being overly friendly to Chinese investment. Now at the center of a trade war between two major powers, how has Mexico quietly become a hot spot for Chinese EV companies and will the country become a “b&#8230;</p>


How Chinese EVs Are Taking Over Mexico

<p><iframe loading="lazy" src="https://www.youtube.com/embed/zG51Sa4KkcI" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>&quot;That was honestly one of the greatest moments of my career.&quot;</p>
<p>Olympic athlete Desirèe Henry looks back at her first Games, and how it felt to win a bronze medal in the 4x100m relay.</p>
<p>Find out more about the journey athletes take to the Olympics at the linked video.</p>
<p>#CNBC #Olympics #Shorts<br />
&#8212;&#8211;</p>
<p>Subscribe: http://cnb.cx/2wuoARM</p>
<p>CNBC I&#8230;</p>


Desirèe Henry looks back at her first Olympics

<p><iframe loading="lazy" src="https://www.youtube.com/embed/QqQk1gUsyXY" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Who is Thailand&#8217;s new prime minister? 37 years-old, married with two children, Paetongtarn Shinawatra is the youngest Thai PM. She&#8217;s also the fourth member of the Shinawatra clan to become leader of the country. Her father, billionaire and tycoon Thaksin Shinawatra was ousted by a coup in 2006.</p>
<p>&#8212;&#8211;</p>
<p>Subscribe: http://cnb.cx/2wuoARM</p>
<p>CNBC Interna&#8230;</p>


Who is Thailand’s new prime minister?

<p><iframe loading="lazy" src="https://www.youtube.com/embed/cPNckMecU-8" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>#CNBC<br />
&#8212;&#8211;</p>
<p>Subscribe: http://cnb.cx/2wuoARM</p>
<p>CNBC International TV: https://cnb.cx/2NGytpz</p>
<p>LinkedIn: https://www.linkedin.com/showcase/cnbc-international/</p>
<p>TikTok: https://www.tiktok.com/@cnbci</p>
<p>Facebook: https://www.facebook.com/cnbcinternational</p>
<p>Instagram: https://www.instagram.com/cnbcinternational/</p>
<p>Threads: https://www.threads.net/@cnbcint&#8230;</p>


Videos

How A Weakening Dollar Can Help American Consumers

UBA: Investors await outcome of midweek PMA

Can Nigeria’s equities reverse bearish run?

Africa Social Impact Summit 2024: Highlights Special

Pro video gaming: How eSports is taking off with big dollars behind it

MTN Group Interim Results with CEO Ralph Mupita

Why Airlines Like American Are Scrambling To Make Engines Last Longer

Saudi Arabia’s sovereign wealth fund assets reach $925 billion

How the ultra wealthy travel in Singapore

Why are U.S. brands allowed into China?

Eye on OR Tambo SEZ: Gauteng’s logistics & warehouse sector

How Americans Are Losing Their Life Savings To Crypto Fraud

What it takes to chase the Olympic dream

How Chinese EVs Are Taking Over Mexico

Desirèe Henry looks back at her first Olympics

Who is Thailand’s new prime minister?

Japan’s quest for the most powerful microchip

News Tips

Advertise With Us

Videos

How A Weakening Dollar Can Help American Consumers

UBA: Investors await outcome of midweek PMA

Can Nigeria’s equities reverse bearish run?

Africa Social Impact Summit 2024: Highlights Special

Pro video gaming: How eSports is taking off with big dollars behind it

MTN Group Interim Results with CEO Ralph Mupita

Why Airlines Like American Are Scrambling To Make Engines Last Longer

Saudi Arabia’s sovereign wealth fund assets reach $925 billion

How the ultra wealthy travel in Singapore

Why are U.S. brands allowed into China?

Eye on OR Tambo SEZ: Gauteng’s logistics & warehouse sector

How Americans Are Losing Their Life Savings To Crypto Fraud

What it takes to chase the Olympic dream

How Chinese EVs Are Taking Over Mexico

Desirèe Henry looks back at her first Olympics

Who is Thailand’s new prime minister?

Japan’s quest for the most powerful microchip

News Tips

Advertise With Us

Newsletters