World Business Report

The International Monetary Fund has terminated a $175 million loan programme with Malawi, citing poor economic management. The IMF said Malawi, one of the poorest countries in the world, had failed to fully restructure its unsustainable debt, but the country’s government argues that it has decided to suspend this until after the elections in September this year. Rahul Tandon heard from Malawi Finance Minister Simplex Chithyola Banda and the IMF Mission Chief. And we will look at President Trump saying that India offered to drop all tariffs on US goods, something India swiftly denied. Total airline revenue for ancillary services like baggage and seat selection is set to reach 145 billion according to the International Air Transport Association.

As US-Iran nuclear program talks gained traction, we look how the new deal can affect Iranian economy.Meanwhile in India, traders are jittery after President Donald Trump claimed that India might drop all tariffs on U.S. goods. India, for now, has pushed back.And, the new research shows China’s carbon emissions have dropped — even as energy demand continues to rise.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

The Presidents of the World's two leading economies are meeting leaders from the Middle East and Latin America in order to gain new trade partners, with Qatar signing one of the largest ever aircraft deals with US aircraft manufacturer Boeing, while Brazil has signed 36 commercial agreements with China. Rahul Tandon finds out who is getting the bigger deals, and why running a global shipping line is as complex as ever. Meanwhile, how will the Federal Reserve in the United States deal with its contradictory mandate of pursuing maximum employment alongside price stability?The latest business and finance news from around the world, on the BBC.

The US has lifted sanctions on the country after 14 years of restrictions on almost any ort of trade. We hear the reaction from the business owner in Damascus.Also, we hear from one Chinese exporter over the reduced tariffs agreed between Beijing and Washington. Plus - fears about conditions for foreign workers as Saudi Arabia build facilities for the 2034 World Cup.And the strange tale of the missing texts between the head of the European Commission and the boss of one of the world's largest pharmaceutical firms...You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

The big event of 2021 that will shape economies all over the world for decades to come was the COP 26 climate conference in Glasgow in November. The meeting saw a deluge of promises, but what was actually achieved? Martin Webber speaks to Tim Gould, chief energy economist at the International Energy Agency and economist Irwin Stelzer, from the Hudson Institute in the United States.It was another boom year for the pharmaceutical industry as it crafted the vaccines that have saved so many lives. Of the 8 billion coronavirus vaccinations worldwide, one billion have been delivered by the US logistics company, UPS. We hear from Wes Wealer, President of UPS healthcare.And small business owners have had a bleak time for much of the past year. But many of those that have survived now feel optimistic. We hear from the owner of the Aroma speciality coffee shop in Bologna in Italy, Cristina Caroli, about her year.

Covid-19 is set to prompt radical long term changes to how we live and work, so what lessons can be learnt when we eventually emerge from the pandemic? Could the changes in the way we work herald higher productivity and happier people in the future?We hear the stories of the people who managed to thrive during a very difficult year, including the milkman who saw a boom in deliveries and the dancer who found work in South Korea when the London stage went dark.Martin Webber is joined by Professor Devi Sridhar who holds the Chair of Global Public Health at the University of Edinburgh; economist Roger Bootle, of Capital Economics; Robert Reich, former Labour Secretary under President Clinton; Tomas Philipson, who was Chair of the Council of Economic Advisors under Mr Trump; and actor Thomas Inge who is currentl starring in the musical Cats in South Korea.