Business Daily Folgen

Faster price rises are coming as countries recover from the pandemic. But how painful will it be for consumers and the global economy? Mohamed El-Erian, economic adviser and president of Queens' College, Cambridge, thinks central banks are already behind the curve when it comes to keeping inflation in check. Others believe the pandemic's impact on prices is largely temporary. Dana Peterson of the US Conference Board explains why. We also hear from restaurant owner Luke Garnsworthy. Now that England's third lockdown has mostly lifted, customers are itching to spend and he can't find enough staff for his kitchens. But, he says raising prices and wages isn't an option for him.Picture: stock photo of a sad piggy bank and stack of coins (Credit: Getty)

How ten years of conflict have destroyed the country's economy. As Syria prepares for largely symbolic elections to re-elect its President Bashar Al-Assad next week, we look at how ten years of conflict have destroyed the country's economy. Ed Butler looks at the growing evidence that Syria's government is now building its income around a multi-billion dollar trade in narcotics. He speaks to Syrian economist Jihad Yazigi, editor in chief of the online publication The Syria Report, Martin Chulov, The Guardian newspapers' Middle East editor and to Elizabeth Tsurkov, a fellow at the New Lines institute in Washington specialising in the Levant. (Picture credit: A member of the Syrian Democratic Forces (SDF) walks through the debris in the old city centre on the eastern frontline of Raqa on September 25, 2017)

When it comes to pandemic preparedness the United States was once one of the world’s best prepared countries. Today it has one of the world’s worst Covid mortality rates. So what went wrong? The financial journalist and writer Michael Lewis of The Big Short fame, has investigated and has published a book called The Premonition. It’s a real life, deep-dive account of how American public health officials warned about the impending Covid pandemic but were ignored by US authorities. (Picture credit: Getty Images)