How will the developing world be hit by the global economic crisis? FRANCE 24 is in Tanzania where the International Monetary Fund is organizing an international conference to discuss the impact of the crisis in Africa.
The global recession has brought its loads of devastating effects. Some companies manage to buck the trend. Among them, GDF Suez. Raphael Kahane met Gerard Mestrallet, the head of the European leader of energy and gas network.
The world economy has moved a step further into crisis, as the scale of bank losses continues to rise. Nouriel Roubini, predicted the current financial turmoil. He explains why nationalization of banks could be one answer to the crisis.
3,5 million will join the jobless rolls in Europe this year, as the global crisis batters labor markets. To discuss the rising wave of unemployment, D. Herbert talked to Stefano Scarpetta, head of the Employment Division at the OECD.
The European Central Bank kept its key interest rate unchanged at 2% on Thursday. FRANCE 24’s Raphael Kahane asked Jean-Claude Trichet, ECB president, how this “wait-and-see” approach can help the European economic down-turn.