Now playing Next Economy Hamas war may push Israeli economy to brink Just last month, Israeli Prime Minister Benjamin Netanyahu predicted a new era of peace and prosperity in the Middle East, based on growing acceptance of Israel within the region. Today, with the Israel Hamas war in its fourth week, that vision is in tatters. 01/11/2023
Now playing Next Travel News Which European cities are regulating cruise ships? Destinations struggling with overtourism are putting a stop to ships that bring toxic emissions and millions of passengers. 31/10/2023
Now playing Next Economy What will Poland’s new government mean for the EU economy? As President Andrzej Duda opens consultations with party leaders to form a new government, here's how the opposition's majority in the Polish parliament will affect the EU's sixth-largest economy - as well as the bloc itself. 24/10/2023
Now playing Next Business Why businesses in this EU country celebrate failure in October Finland is now home to more than 3,800 startups, with a combined enterprise value of €48.2 billion last year alone. 13/10/2023
Now playing Next Economy Czech lower house approves plan to rein in swelling deficit The Czech parliament’s lower house has approved dozens of measures proposed by the government designed to keep the ballooning budget deficit under control. 13/10/2023
Now playing Next Economy Morocco welcomes IMF-World Bank meeting a following deadly earthquake Less than a two-hour drive from where families sleep in tents and earthquake rubble remain in piles, the world's most powerful financial institutions are gathering for a week of discussions on economic challenges during times of war, inequality and climate change. 09/10/2023
Now playing Next world news Euroviews. It is high time we helped the Global South deal with loss and damage If we as a global society are committed to climate justice, it is vital that we address the chief injustice of Global South communities experiencing the devastating impacts of a crisis they did not cause, Heather McGray writes. 27/09/2023
Now playing Next Economy Austerity measures undermine human rights, new report says Austerity measures linked to IMF loans are eroding human rights across the globe, according to a human rights NGO. 25/09/2023
Now playing Next Economy How Germany lost its reputation as the economic envy of the world The loss of cheap gas from Russia played a part, but decisions in the boom years are now being questioned. 23/09/2023
Now playing Next Destinations Why ‘shoulder season’ is the budget traveller's best time to travel Travelling outside of peak times helps the local economy and can give you a more authentic travel experience. 23/09/2023
Now playing Next Economy US and China launch economic and financial working groups to ease tensions The announcement follows a string of high-ranking US officials' visits to China this year, which sets the stage for a possible meeting between Biden and Xi in November at an Asia-Pacific Economic conference. 22/09/2023
Now playing Next Economy Sweden's central bank ramps up key interest rate over high inflation The moves comes on a busy day of central bank action in Europe, with the UK, Norwegian and Swiss central banks announcing or expected to announce whether they will amend their interest rates. 21/09/2023
Now playing Next Economy Norway central bank pushes up interest rate, hinting at another hike in December "Whether additional tightening will be needed depends on economic developments," said Norges Bank governor Ida Wolden Bache. "There will likely be one additional policy rate hike, most probably in December." 21/09/2023
Now playing Next Economy UK sees surprise fall in inflation The decline was a surprise as most analysts had expected inflation in the UK to rise to 7%, but the new figure is still way above the Bank of England's target of 2%. 20/09/2023
Now playing Next Economy US-Venezuela relations at a tipping point: investors bet on possible sanctions relief Bonds in the South American nation of Venezuela are rising in value as rumours circulate about a possible rapprochement between Washington and Caracas. The US has shown its willingness to move, but will President Nicolás Maduro make concessions ahead of next year’s election? 19/09/2023
Now playing Next Business Russia raises interest rate to 13% as economy struggles The Central Bank of Russia raised its key lending rate by one percentage point to 13% on Friday, a month after imposing an even larger hike. 15/09/2023
Now playing Next Economy ECB hikes interest rates again, despite threat of recession The decision raises the ECB’s benchmark deposit rate to 4%, up drastically from minus 0.5% just a little more than a year ago and the highest since the euro was established in 1999. 14/09/2023
Now playing Next Economy UK economy slumps amid strikes and rain The UK's GDP has shrunk by more than expected, following news of higher unemployment but also higher wages. 13/09/2023
Now playing Next Business Sweden to increase defence spending amid NATO bid The country's defence minister said it faced the "most serious security policy situation since the end of World War II". 12/09/2023
Now playing Next Portugal Estoril Conferences 2023: Acting now for a more humane world With Nobel Laureates, politicians, scientists and environmentalists in attendance, the conference addressed some of the most pressing challenges of the day and provided opportunities for younger generations to engage with these issues. 05/09/2023