Debt relief: Who should foot the bill?

250 years ago, on the 9th of March 1776, a book was published that didn’t just explain the economy, it changed it. The Wealth of Nations, written by "the father of economics" Adam Smith, sparked debates that still rage today, shaping everything from global trade to how much you e ...  Afficher plus

Rahul Tandon talks to a man whose family chocolate business – founded by his father in Syria in the 1980s - was destroyed by war. His family was ripped apart and he had to flee, via a refugee camp in Lebanon, to Canada where he resettled and re-launched the business.Today, it’s t ...  Afficher plus

With the IMF saying earlier this month that about 25% of emerging and 60% of low-income countries are having trouble paying their debts, we take a closer look at the scale of national debts around the world. We examine China’s role as creditor for emerging countries and speak to ...  Afficher plus

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 ...  Afficher plus

This month the G20 came under criticism for failing to deliver a promised $100bn of additional funds to poorer countries to help with the economic fallout of the pandemic. Many of these countries suffered a significant financial crunch as their exports dropped while the price of ...  Afficher plus

Correction: We re-uploaded this episode to clarify the $1.5 trillion mentioned in the conversation was China's global loans, not just to Africa. At a recent summit attended by African officials, Chinese Foreign Minister Wang Yi announced that China would be forgiving 23 of its lo ...  Afficher plus