Argentina in Economic 'Emergency'
The peso has fallen almost 50% against the US dollar this year.
Argentina is in the midst of an economic emergency.
That sobering assessment comes from the country's president, Mauricio Macri.
He went on national television to announce a series measures designed to halt a run on the country's currency. The peso has fallen almost 50% against the US dollar this year.
Investors are betting Argentina will run out of money, and won't be able to pay back its debts.
Luc Cohen who works for the Reuters news agency tells us what Mr Macri’s plan is.
Microsoft has reversed its redesign of Skype, it's internet calling software. It had changed the service in an attempt to take on younger and trendier apps likes Snapchat. It introduced animations and bright colours. But Skype users rebelled. In response Microsoft has removed the features, and dressed up the U-turn as a new-found "focus on simplicity". Kate Bevan, the editor of Which Computing magazine, tells us what happened.
The Βι¶ΉΤΌΕΔ's Russell Padmore reports on the Forum on China Africa Cooperation, with the leaders of dozens of African countries in Beijing to strengthen economic ties. And Pilita Clark explores the fact that not everyone in your office is easy to work alongside.
The Βι¶ΉΤΌΕΔ’s Rob Young is joined by Yuan Yang, the Beijing Correspondent for the Financial Times and
Alexander Kaufman, a climate, environment and business reporter at the Huffington Post website in New York.
(Picture: Civil servants marching against some 600 layoffs at the Agro-Industry Ministry and demanding their reinstatement, on September 3, 2018 in Buenos Aires, Argentina. Credit: Getty Images.)
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Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ