With the pound up about 4 per cent against the dollar since hitting a cyclical low in January, and up about 5 per cent against the euro over the same period, how much are interest rate expectations supporting the UK currency. Neil Dennis discusses sterling’s strength with Simon Smith, chief economist at FxPro.
Nigeria’s presidential election next month is the closest contest since the end of military rule in 1999 and is taking place against a worrying backdrop of civil conflict and economic trouble. Gideon Rachman is joined by Tom Burgis and William Wallis to discuss whether the country can hold together.
Where have all the kids gone? A generation of young Americans that used to turn to TV for their entertainment is finding its fix elsewhere. Ravi Mattu talks to Matthew Garrahan about how big media companies are responding to the migration of viewers away from traditional TV
The world’s leading climate change authority has lost its chairman after Rajendra Pachauri resigned amid allegations he had sexually harassed a junior female colleague. This comes at the worst possible time in the run up to important climate change talks later this year. Fiona Symon discusses the news with Pilita Clarke and Amy Kazmin.
Patrick Jenkins is joined by Daniele Nouy, head of the ECB’s supervisory wing, as well as Caroline Binham and Martin Arnold to discuss the ECB’s views of the Greek banking system, the UK ‘s new plans for regulating senior managers and the continuing difficulties at HSBC.
European Union finance ministers have given a clear signal that the Greek government has done enough to secure an extension of its €172bn bailout. But the solvency of Greek banks remains a concern. Daniele Nouy, head of the ECB’s supervisory wing, spoke to Patrick Jenkins and colleagues about how capable Greece’s banks are of weathering the storm.
One of the best known faces of Egypt’s 2011 revolution has been sentenced to five years in prison by a Cairo court. Alaa Abdel Fattah, a blogger, democracy activist and outspoken critic of the regime, was imprisoned for breaching a controversial law banning protests without official permission. Fiona Symon talks to Heba Saleh about the case and what it says about the state of human rights in Egypt.
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