Why is Jordan burdened by external debt?

This episode was produced by The National in partnership with Schneider Electric. In the first episode of a special three-part Business Extra series, host Khaled Abuljebain is joined by Manish Pant, executive vice president for international operations at Schneider Electric, befo ...  Show more

The financial cost of the Iran war is becoming clearer as according to the latest study by the Institute for Economics and Peace, the conflict is costing the global economy $2.2 trillion in annual GDP. The US alone had spent $25 billion within two months of the war beginning, and ...  Show more

There’s a credit crunch facing dozens of the world's poorest countries: billions of dollars are now owed and some countries simply won't manage the repayments. So who should foot the bill? We speak with Sri Lankan businessman, Indika Merenchige, who imports vehicles in to Sri Lan ...  Show more

Thailand has one of the highest levels of consumer debt in the world as a proportion of its GDP. We hear from people who have borrowed and cannot pay back. They are struggling to get regular work to make payments and cover interest. We also speak to a private money lender - are t ...  Show more

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 ...  Show more

King Abdullah II of Jordan met United States President Donald Trump at a critical moment. With Jordan hosting more than two million Palestinian refugees, Trump’s plan to “own” Gaza and relocate its population puts the kingdom in a tough spot. Abdullah calls displacement a red lin ...  Show more