The Trump administration suffered an embarrassing setback as it failed to convince enough members of its own party to support its proposal to repeal and replace the healthcare law known as Obamacare. The bill was pulled before being called to a vote and it sent global markets into a tailspin, as it raised doubts about the president's ability to pass other legislation - like tax cuts and infrastructure spending.
Also in this programme:
- A new report exposes how much Europe's biggest banks have funneled through overseas tax havens. A year after the Panama Papers scandal, what's being done to shut them down?
- And as the UK officially begins the process of leaving the European Union, the curry industry already regrets its support for the Brexit campaign - we tell you why.
Chief Economist at Pantheon Macroeconomics