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Weekend: US stocks take a nosedive

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US stocks take a nosedive

27/08/2022 GMT

BBC World Service - Weekend, US stocks take a nosedive

Investors worry about the prospects of a recession following Fed chief's comments

Investors worry about a recession following Fed chief's comments.

Stock markets in the United States have fallen sharply after the head of the US central bank warned of more tough times to come.

Also, we get the latest on the devastating floods in Pakistan, which have killed more than 900 people.

Plus, the pharmaceutical firm Moderna files a lawsuit alleging its rivals, Pfizer and BioNTech, copied its coronavirus vaccine technology.

And why are thousands of fish dying in a river between Poland and Germany?

Joining Julian Worricker to discuss these and other issues are Alex von Tunzelmann, a British historian, film and TV scriptwriter, and author; and Dipo Faloyin, an author and senior editor at VICE News in London.  

(Image: Stock Market Data. Credit: Getty Images)

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