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Episode details

World Service,25 Jun 2020,53 mins

Global stock markets fall amid IMF warnings

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Fears of a second wave of the coronavirus pandemic have caused financial markets to fall, amid warnings from the the International Monetary Fund (IMF) that the global economic crisis will be even worse than previously forecast - we speak with the IMF's chief economist, Gita Gopinath. India's healthcare system is still struggling under the burden of the epidemic - we have an extended report from the BBC's Rahul Tandon, speaking with patients, many who have been left unattended for up to 30 hours when they go hospital for help. Plus, as coral reef declines in the face of rising water temperatures, one entrepreneur has found a way of farming them – on land. And Olympus is selling its iconic camera brand - after it was snapped out the market by the competition; Ben Parr, a venture capitalist and tech watcher in Silicon Valley, outlines the future for a brand with such nostalgic value. We discuss all this with guests Ralph Silva of the Silva Research Network in Toronto and Jeanette Rodrigues, Mumbai Bureau Chief at the Bloomberg news service. (Image: The International Monetary Fund (IMF) logo seen displayed on a smartphone, with stock market graphics in the background. Credit: Rafael Henrique/ SOPA Images/ LightRocket / Getty Images)

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