The spring meetings of the International Monetary Fund and the World Bank are beginning in Washington - the major global financial institutions are gathering at a time of profound concern about the problem of persistent inflation, and concern about the health of the banking system after a number of failures of regional banks and wobbles in giant finance hous ... Show More
Mar 2023
A Great Recession bank takeover
Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession. In early 2009, one or two banks ... Show More
18m 42s
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
Aug 2022
Is the IMF Still Relevant?
As countries grappled with the economic fallout from the COVID-19 pandemic in recent years, many turned to global financial agencies for support, including the International Monetary Fund and the World Bank. But in some cases, at least, the agencies’ playbook of reforms and auste ... Show More
27m 23s
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
<p>Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.</p><p><br></p><p>Read more:</p><p><br></p><p>Another week, another banking calamity. </p><p><br></p><p>On Sunday, Swiss banking giant UBS ca ... Show More