FROM Christopher Davidson
The Collapse of the 'Dubai Miracle' Two weeks ago, the world of finance was told that Dubai had weathered the global recession. But last week, markets around the world were shaken when Dubai World, the country's major developer, asked for a six month delay in payments on billions in debt. Now, global financiers are claiming they've been misled. Should investors have seen it coming? What's the possible impact on the global economy? Is the next step a kind of test for Islamic finance under Shariah law?
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.