The European Central Bank and the Bank of England have raised interest rates again, one day after a similar move by the US Federal Reserve. But amid those big players, Britain seems in particular trouble, with the International Monetary Fund warning it will be the only major economy to shrink in 2023. In the UK, the pain and anger poured into the streets on ... Show More
Mar 20
Trump's Request for Help Falls on Deaf Ears
"Not our war" is the message from America's top allies this week, after President Trump asked them to help secure the Strait of Hormuz. Many NATO allies view his war on Iran as illegal, and, coming from a President who just two months ago was threatening Greenland, the request fe ... Show More
55m 59s
Mar 2023
Why the Banking Crisis Isn’t Over Yet
<p>In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.</p><p>But efforts to contain the crisis have met resistance, and the fallout of the collapse has ... Show More
29m 4s
Oct 2023
Is the UK Getting a Pay Rise?
Wage growth has overtaken inflation for the first time in two years, in a sign that cost of living pressures may now be starting to ease. The Institute for Fiscal Studies has warned, however, that the UK remains stuck in a bind between high inflation and weak economic growth. The ... Show More
31m 47s
Dec 2022
Britain’s nurses launch historic strike
<p>Global stocks tumbled after a broad group of central banks raised interest rates, and nurses in England, Wales and Northern Ireland went on strike. Plus, Argentina’s World Cup success is temporarily distracting Argentinians from economic and political turmoil. </p><b ... Show More
8m 55s