Business Matters

Impact of a rare earthquake being assessed across NYC and US East Coast

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Synopsis

A rare earthquake that struck New York City has swayed landmarks and cracked roads. Roger Hearing has been speaking to an NYC based stockbroker who describes the moment of impact plus we hear from the Co-Director of the Global Resilience Institute Dr Daniel Aldrich about whether New York is prepared to withstand a quake of a larger magnitude.Also, on the program we find out about emerging economies joining U.S. and Europe in shielding domestic manufacturers from a rising tide of Chinese imports.Plus, Argentina struggles to fight against its lethal dengue season as insect repellents run low.Roger Hearing discusses these and more business stories with two guests from opposite sides of the world: Gabriella Castro Fontoura, Latin American business consultant and economist based in Uruguay, and Peter Ryan, ABC's senior business correspondent in Melbourne, Australia.[Credit: Photo by SARAH YENESEL/EPA-EFE/REX/Shutterstock]