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Episode details

World Service,24 Jan 2023,26 mins

Will there be a South American currency union?

World Business Report

Available for over a year

The 'sur' or 'South' proposed by Brazil and Argentina wouldn't replace local currencies, but instead would run in parallel with them in its early stages. We find out what economists think about the project. Ford plans to cut 3,200 jobs across Europe, according to Germany’s largest union, IG Metall. As carmakers shift their focus towards electric vehicles, we ask why this transformation might translate into job losses. The US Treasury Secretary Janet Yellen has called on China to agree to a rapid restructuring of loans to Zambia, calling Beijing a barrier to ending the debt crisis in the country. We get the latest from Lusaka. (Picture: Argentina's president Alberto Fernandez and Brazil's president Luiz Inacio Lula da Silva meet at the Casa Rosada. Picture credit: EPA)

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