Business Matters

Donald Trump picks Scott Bessent as treasury secretary. Wall Street investor will seek to extend tax cuts from Trump's first term. We get the latest. COP29 proposes wealthier countries give $250bn per year by 2035 to developing nations to help tackle climate change. We find out more. The world's largest man-made reservoir, Lake Kariba, has been hit by drought. We hear about the consequences this could have in the economies of Zambia and Zimbabwe. Bitcoin has been on a streak of almost daily all-time highs since the US election. We find out why. Andrew Peach discusses these and more stories with guests on opposite sides of the world: Takara Small, technology correspondent for CBC in Toronto, and Peter Ryan, ABC's Senior Business correspondent in Sydney.