logo
episode-header-image
Oct 2022
27m 34s

A gloomy global economic outlook from th...

Bbc World Service
About this episode
The International Monetary Fund has issued a gloomy forecast for 2023, saying the "worst is yet to come" for the global economy. The IMF says more than a third of the world's economy will shrink in the year to come, including the US, the EU and China. We look at the detail with former IMF official Dr Ousmene Mandeng, who is now senior advisor at Accenture. ... Show More
Up next
Yesterday
Trump threatens a "massive" increase in tariffs on Chinese goods
President Trump is threatening to cancel his meeting with Xi Jinping and, in a post on Truth Social, warned of “strange things happening in China.” He says Beijing is planning sweeping export controls on rare earths — and the U.S. is now calculating a massive tariff hike.U.S. bus ... Show More
26m 24s
Yesterday
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ... Show More
8m 56s
Oct 9
JP Morgan Chase boss talks about AI impact on business
The Chief Executive of JP Morgan Chase Jamie Dimon shares his views on AI, and whether he thinks the hype around it will continue. The German Chancellor, Friedrich Merz vows to do everything possible to counter EU rules banning the sale of new CO2 emitting cars after 2035. And we ... Show More
26m 22s
Recommended Episodes
Sep 2022
IMF warns U.K. over its economic future
From the BBC World Service: In a move usually directed towards emerging and developing markets, the International Monetary Fund has openly criticized the British government’s tax strategy unveiled on Friday. Since then, sterling has plummeted and the cost of borrowing increased, ... Show More
6m 31s
Mar 2023
Sri Lanka: Is $3 billion enough to save the economy?
From the BBC World Service: Sri Lanka has been battling economic breakdown for nearly a year. A foreign reserve crisis toppled the country’s president and led to shortages and soaring inflation. Now a $3 billion rescue package has been agreed upon with the International Monetary ... Show More
8m 4s
Oct 2022
Global recession risk rises as IMF lowers growth forecast
The IMF says the risk of a global recession has increased as it lowers its growth forecast for the coming year. Its managing director, Kristalina Georgieva, said the gloomy outlook was fuelled by Russia's invasion of Ukraine and the continuing impact of the Covid pandemic. Hong K ... Show More
50m 46s
Oct 2022
IMF: Global economic storm just beginning
Sam Fenwick is joined by Shuli Ren, a journalist with Bloomberg in Hong Kong and Mitchell Hartman, a Senior Reporter for US radio show, Marketplace in Portland, Oregon. The International Monetary Fund has warned that, for many people, next year will feel like a recession. Daniel ... Show More
50m 47s
Apr 2021
Global Financial Stability and Interest Rates
While emerging markets suffered huge portfolio outflows at the beginning of the pandemic, the latest Global Financial Stability Report (GFSR) shows capital flows have returned and the outlook continues to improve, partly because of low interest rates in countries such as the Unit ... Show More
15m 4s
Feb 2024
Gita Gopinath on the Global Economy
Economics is sometimes called the “dismal science.” But the International Monetary Fund (IMF) has a surprisingly positive outlook for the U.S. economy—even if public sentiment hasn’t yet caught up. Host Ravi Agrawal discusses the state of the global economy with Gita Gopinath, th ... Show More
42m 52s
May 2024
How to understand the economy of nature
In 2020, the former BoE governor Mark Carney said the bank's objective was that "every professional financial decision will need to take climate change into account".  Since then we have seen regulatory action on removing greenwashing from the investment process, a consumer duty ... Show More
36m 40s
Apr 2021
Kristalina Georgieva: A Time of Promise and Danger
More than a year into the COVID-19 crisis, signs of a recovery for some countries are slowly beginning to emerge. But in her customary curtain-raiser speech ahead of next week's virtual IMF-World Bank Spring Meetings, IMF Managing Director Kristalina Georgieva said high uncertain ... Show More
15m 39s