The US Treasury Secretary, Janet Yellen, says she's been working all weekend to prevent the consequences of a major bank collapse from spreading. The collapse of the Silicon Valley Bank was the biggest such failure in the US for fifteen years.
Also on the programme; is another Iranian American prisoner swap imminent? Iran's foreign minister, Hossein Amirabd ... Show More
Jan 2023
Exclusive: US Treasury Secretary Janet Yellen
The US has spent billions and billions so far in Ukraine, but future government spending is all up in the air right now – not just over Ukraine, but also at home, as America has now reached its debt limit and risks a potentially catastrophic default. Social security payments, vet ... Show More
56m 44s
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
Feb 2023
UK endures biggest strikes in a decade
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 econ ... Show More
56m 14s