Debt deal aftermath: US licks its wounds

Listen in pop-out player

With a US debt deal finally agreed and government employees going back to work, we assess how much damage the whole episode has done to the US economy and its reputation. Rob Young is in Jackson, Mississippi, talking to government employees in the US state that's most dependent on federal funding. Meanwhile the head of the International Monetary Fund, Christine Lagarde, calls on America to find a long-term solution to its budget problems, because the last-minute deal only funds the government until mid-January. We speak to David Stockton, a former chief economist at the US central bank, about the risk of another shutdown in a few months' time. And Matt Davies is in Ghana, where, despite a growing economy, the issue of youth unemployment is continuing to raise serious concerns.

Release date:

Available now

29 minutes

Last on

Thu 17 Oct 2013 22:32 GMT

World Business Report at 25

World Business Report at 25

The peaks, troughs and financial mood swings from the last quarter century

Download the Podcast

Earphone

Listen to the latest editions of World Business Report

Should the UK stay in the EU?

EU flag Brussels

Leading politicians and business experts explore both sides...