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
Today
Trade, not aid, for Africa
As the UK government targets developing nations with new trade measures, we hear from trade minister Douglas Alexander on whether it can prove to be a workable lifeline for African countries affected by western states cutting their international aid budgets. David Harper speaks t ... Show More
26m 27s
Yesterday
Trump plans to impose 50% tariffs on Brazil
The US president, Donald Trump, has made public the tariffs he intends to slap on imports from another group of countries, including Brazil, from the start of August. The chipmaker Nvidia has become the first company in the world to reach a market value of $4tn on Wednesday. Davi ... Show More
27m 12s
Yesterday
"Now we do copper" - Donald Trump targets the crucial metal in a trade war
What could the threat of a 50% tariff mean for Chile's copper producers as prices for the metal hit a record high in the US?Also, why is the price of solar panels falling if demand is still growing?And we're at the largest agricultural show in England to hear what's on the mind o ... Show More
26m 26s
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