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Business Weekly

Bitcoin breakthrough: Will the people of El Salvador take to the country’s new legal tender? Or are Salvadorians sceptical?

In this edition of Business Weekly, we look at why one of the poorest countries in Latin America, El Salvador, decided to make Bitcoin legal tender. We also find out what happened when the cryptocurrency crashed on the first day it was rolled out. We hear about the devastating economic effect of covid in Kenya as it rolls out further curfew restrictions. Also, in a few weeks’ time, the matriarch of European politics, the German Chancellor Angela Merkel, will step down. We hear what issues are playing on the minds of German voters as they get ready to head to the polls. And for years Lamu, Kenya’s ancient trading port, has been in decline. But government hopes the opening of a vast, new facility means it can be a commercial superstar once more. Plus, the chief executive of Babbel, Arne Schepker tells us why the company is listing on the Frankfurt Stock Exchange and whether lockdowns have impacted on people’s desire to learn languages. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

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