World Bank: Coup and Coronavirus Shrink Myanmar’s Economy by 18%

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Myanmar’s economy is forecast to shrink by 18% as it grapples with the coronavirus and the political turmoil unleashed by a coup, the World Bank said Monday. The contracting economy threatens millions with poverty, joblessness and hunger.  A decade ago, the Southeast Asian nation was seen as a promising frontier market. Its military began to slacken its grip, the economy opened up to…


Haiti Update

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On the eve of the funeral for slain Haitian president, Jovenel Moïse, host Carol Castiel and assistant producer at the Current Affairs Desk, Sydney Sherry, speak with Haiti expert Georges Fauriol, senior associate at the Center for Strategic and International Studies (CSIS) and fellow at…


South Africa Turmoil

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On this edition of Encounter, Ambassador Michelle Gavin, senior fellow for Africa Studies at the Council on Foreign Relations and former Ambassador to Botswana, and Frans Cronje, CEO of the Johannesburg-based Institute of Race Relations, analyze with host Carol Castiel the political, economic and social…


US Jobless Benefit Claims Increase

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Claims for jobless benefits jumped in the U.S. last week, the Labor Department reported Thursday, as the world’s biggest economy remains on an uneven recovery from the coronavirus pandemic. A total of 419,000 unemployed workers sought government compensation, up 51,000 from the revised figure of…