logo
episode-header-image
Jan 2023
51m 7s

Global economy risks a second recession

Bbc World Service
About this episode
The global economy is "perilously close to falling into recession", according to the latest forecast from the World Bank, as the impacts of the Ukraine war and Covid pandemic continue to be felt across the world. In fact, Pakistan and Sri Lanka are already struggling to keep their heads above water. Leaders in politics and economics share their thoughts wit ... Show More
Up next
Aug 23
Fed Chair Powell signals US interest rate cut
As Federal Reserve Chair Jerome Powell signals a move to a rate cut in December, we find out what it means for the US economy and the financial markets. Also, friends again? Canadian PM Mark Carney calls a halt to some of the retaliatory tariffs imposed on the US. We find out wha ... Show More
49m 20s
Aug 22
Fed Chair set to deliver key speech at major US finance summit
Federal Chair Jerome Powell takes centre stage at Jackson Hole in the US to deliver his final speech. It comes at a time when tensions are high between him and President Trump. We look ahead to this important speech.Details emerge of a tentative deal between the European Union an ... Show More
49m 27s
Aug 21
Federal Reserve comes under pressure as interest rate decision looms
The Chair of the Federal Reserve chair are under scrutiny from Donald Trump after fraud allegations emerge about Governor Lisa Cook. How will it affect the interest rate decision? The authorities in Pakistan's commercial capital Karachi have declared an emergency and a public hol ... Show More
55m 27s
Recommended Episodes
Jan 2023
World Bank warns of dangers of global recession
The global economy is "perilously close to falling into recession", according to the latest forecast from the World Bank, as the impacts of the Ukraine war and Covid pandemic continue to be felt across the world. In fact, Pakistan and Sri Lanka are already struggling to keep thei ... Show More
27m 14s
May 2022
Money Talks: The next recession
Since 1900, the global economy has fallen into a recession about once a decade on average. In 2020, the world experienced the deepest downturn since the second world war. Just two years on, is another recession on the way? This week, hosts Soumaya Keynes and Mike Bird focus on th ... Show More
39m 34s
May 2022
Money Talks: The next recession
Since 1900, the global economy has fallen into a recession about once a decade on average. In 2020, the world experienced the deepest downturn since the second world war. Just two years on, is another recession on the way? This week, hosts Soumaya Keynes and Mike Bird focus on th ... Show More
39m 34s
May 2020
Rondure Global's Geritz:Two economies hold up the world right now, but they're shaky
Laura Geritz, chief executive officer at Rondure Global Advisors, says that the U.S. and China are holding up the world economy with their spending during the coronavirus pandemic, but she cautions that if those economies falter -- and they have little room to expand spending --  ... Show More
59m 39s
Oct 2022
World Economic Outlook predicts 'the worst is yet to come'
With the International Monetary Fund set to unveil its twice-yearly World Economic Outlook tomorrow, we're joined by former IMF Chief Economist Kenneth Rogoff to find out what we can expect to hear. Shares in US semiconductor firms fell on Monday after Joe Biden announced restric ... Show More
27m 36s
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
IMF says a third of the global economy will be in recession next year
The International Monetary Fund has warned that "the worst is yet to come" and next year may feel like a recession. It blames the war in Ukraine and rising prices worldwide. The BBC’s Business Correspondent Michelle Fleury joins us from the IMF in Washington DC. Meanwhile, the do ... Show More
27m 49s