US hikes interest rates to 14-year high
World Business Report - Podcast autorstwa BBC World Service
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The US Federal Reserve on Wedndesday aproved a further hike in interest rates of 0.75%. It’s in a bid to tame inflation which has skyrocketed to its highest in four decades. As the world arrives in Cairo for COP27 which begins on Sunday, Egypt is battling a crisis in its economy as well as its environment. The country is dealing with the after effects of the pandemic as well as the Russian-Ukraine war. Also, Mexico celebrates the Day of the Dead – but could it spell a tourism revival for Central America?
