The International Monetary Fund has approved a three-year extended credit for the African nation, which will receive an immediate disbursement of about $600 million. We look into the crisis the country is going through and how this funds can help.
Also in the programme, we hear the latest from Pakistan, where political instability is affecting the economy. ... Show More
Today
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ... Show More
8m 56s
Yesterday
US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its rules ... Show More
8m 46s
May 2021
How bad is Africa’s debt problem?
European, American and African leaders, together with financial institutions, are looking for ways to help restart growth in Africa after the Covid health crisis. Described as the “New Deal” for African economies, leaders aim to find solutions to Africa’s international debt, whic ... Show More
16m 23s