IMF: Third of world in recession this year

Electricity prices in the country have soared since the government cut energy subsidies to obtain a $3bn bailout from the International Monetary Fund leading to protests. We hear how this is impacting individuals and businesses. Also in the programme, we get the latest from Gabon ...  Show more

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. 

The managing director of the International Monetary Fund, Kristalina Georgieva, has warned that 2023 will be a tough year for much of the global economy, with a third of countries going into recession. Also in the programme: Russia says 63 of its soldiers were killed in a Ukraini ...  Show more

Sam Fenwick is joined by Shuli Ren, a journalist with Bloomberg in Hong Kong and Mitchell Hartman, a Senior Reporter for US radio show, Marketplace in Portland, Oregon. The International Monetary Fund has warned that, for many people, next year will feel like a recession. Daniel ...  Show more

Global prospects are looking better one year into the pandemic, albeit highly uncertain. The latest World Economic Outlook (WEO) places growth at 6% for 2021, compared to 2020's unprecedented contraction of -3.3%. But recovery is by and large vaccine-dependent and the lack of acc ...  Show more

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