The ripple effect of interest rate rises
As the Federal Reserve raises interest rates, we analyse the global fallout. Plus, why a private members club in Florida is at the centre of world affairs.
The Federal Reserve raised interest rates by 0.25% this week. It may not sound like much, but the impact on global economy could be huge. As debt repayments get more expensive and the investors flock to the higher returns in the states, emerging markets could lose out.
President Trump promised to 'drain the swamp' of Washington, and fight for the men and women of Main Street, not Wall Street. However, this week the President appointed the fifth ex-Goldman Sachs executive to a plum job in the administration. Does it matter?
Plus, we hear why repealing Obamacare is so important for President Trump's overall tax plans. We also take a look at Mar-a-Lago, President Trump's private members club and why your membership fee might get you a bit more than you expected.
The 大象传媒's business editor, Simon Jack, Laura Trevelyan of 大象传媒 World News America, and economics editor Kamal Ahmed discuss how business and economics are playing out in Trump's America.
Last on
More episodes
Previous
Broadcast
- Fri 17 Mar 2017 21:32GMT大象传媒 World Service South Asia