or the american _ blocked in washington either by the imf or the american administration| imf or theo there i think there is a real leverage _ or in europe. so there i think there is a real leverage of _ or in europe. so there i think there is a real leverage of the _ or in europe. so there i think there is a real leverage of the last - or in europe. so there i think there is a real leverage of the last two i is a real leverage of the last two force _ is a real leverage of the last two force the — is a real leverage of the last two force the taliban _ is a real leverage of the last two force the taliban to _ is a real leverage of the last two force the taliban to be - is a real leverage of the last two force the taliban to be more i force the taliban to be more inclusive _ force the taliban to be more inclusive than— force the taliban to be more inclusive than their- force the taliban to be more i inclusive than their government force the taliban to be more - inclusive than their government and to respect— inclusive than their government and to respect human _ inclusive than their go

have seen this imf.nternational community trying to starve the taliban of cash and force them to negotiate some political settlement to have some kind of inclusive government that brings in ethnic minorities, women, and tries to shape a more moderate version of the group we have watched launch terror attack's for the past 20 years in afghanistan. that is what they are hoping to achieve. they pressure the taliban by starving them of cash and get them to play nice. avon: will it work? -- yvonne: will it work? >> people are watching and seeing there is desperate need for gas to get things moving again, but the taliban also control a vast, informal economy in afghanistan, drugs, fuel struggling, -- feel smugly, all sorts of illicit activities. there have been studies showing that in some remote areas of afghanistan, that is worth 10 times more than money they get. it is not clear international presser -- pressure of this kind will force the taliban to change. david: it brings the question, does this it regul

dollars worth of fdr's after the imf approved a $650 billion infusion globally. members say 18 republican lawmakers have urged u.s. treasury secretary janet yellen to intervene at the to prevent access to the fund. bloomberg's learning details about the types of questions the fcc is asking chinese companies applying to go public in the u.s. we are told those questions focused on their offshore corporate structures. queries include the nature and direction of cash flows through so-called variable interest entities which allow for certain -- on foreign ownership. the fcc has also asked for disclosures on political and right were risks in china. two u.s. senators want the federal trade commission to launch an investigation into whether tesla uses deceptive marketing practices by labeling its driver assistant systems as autopilot's and full self-driving. in a letter, the lawmaker said the automaker has "repeatedly overstated the capabilities of its vehicles." they say that could lead to potentially deadly consequences. global news, 24 hours a day, on air and on bloom

as a consequence, it cannot access the special drawing rights or other imf resources.'s take a closer look at how the taliban support itself. the group is estimated to have an annual income of up to $1.6 billion. the u.n. says that includes external financial support, such as donations from wealthy individuals and charitable foundations. a well documented source of income for the taliban is the trade in opium and other drugs. but with the taliban controlling other country's major trade routes, the group makes more money from taxes on legal goods such as fuel, food, and other essentials, as they transit border crossings. the world bank estimates more than 75% of afghanistan's public spending is funded by grants. halting aid is expected to accelerate poverty in the country. nearly half of the population were already living below the poverty line last year. unemployment is close to 12%. a quarter of those who work earn less than two dollars a day. the currency is set to further depreciate, and that could push up food prices. ♪ for more on this, i'm joined by our guests. i

right now, -- right now, gita gopinath of the imf with us.nk you so much for joining us this morning. before we get to the affairs of jackson hole, i am required to address a bit outside your remit at the international monetary fund, and that is what all are watching, which is how the imf will adapt and adjust to afghanistan and the taliban. this has to do with special drawing rights. explain to our audience the choice set that the managing director and all of you at the imf have with these unusual events in afghanistan. gita: it is a pleasure to be on your show. which countries can actually use the sdr's depends on whether the government of that country is being recognized by the membership of the imf, and at this point, with the recent developments we have seen, which are heartbreaking, there is no recognition, so at this point, they will not be available to be used. -- to be used by afghanistan. tom: as we look at the most interesting event at jackson hole, it is more interesting then what the chairman is going to say. we live at a time wh

the frustration of all these restrictions is the impact it's had on the economy, is to point to the imf recovery and the strength of it is dependent on vaccination and how quickly you can move back to normality. absolutely. it's clear now that vaccines - are integral to economic recovery, in addition to continuing with mask wearing. - it's been interesting to see certain countries that had high levels - of vaccines making decisions to take off masks and are now saying no, i we're actually going to need them. one thing to keep in mind i is the picture is still not clear how we're going to get out l of the pandemic, but what is clear is vaccines can - bring down the numbers. the imf's report was also quite interesting because it showed i the disparity between the countries that can't afford to have these - vaccines fast enough and those that can. i so, advanced economies that have, i on average, 40% of their populations vaccinated are recovering much quickerthan emerging - economies that, frankly, _ have not been able to vaccinate more than 10% to 15% - of their populations. so, in a way,

the taliban won't be able to access that imf liquidity next week because the imf can't disperse to aountry without a globally recognized governing body venezuela is a perfect example imf can't disperse funds there the imf has to poll its members and see if there's a consensus on recognizing the taliban is the government of afghanistan before any decision on releasing funding goes through that is happening behind the scenes but it could take weeks or even months same is true for the money in the afghan central bank, most of which is held abroad $7 billion at the federal reserve. the white house hasn't recognized the taliban as a governing body and cannot be released as far as that money to them lawmakers and capitals around the world can breathe a little easier about the prospect of the taliban accessing millions of dollars, potentially billions in funds. for more on this situation in afghanistan, let's gling helima croft, global head of commodity strategy at rbc. where, if anywhere, should we be looking for market impact of all of this? >> what's really interesting is that we think a

they were shipping dollars into the country, and of course, there were significant funds from the imfhe imf saying tonight that they will not release those funds over a lack of clarity over the government. that taliban has said it's open to sharing power with other political leaders in afghanistan, and the shape of the future afghan government could well determine how washington responds to the dire economic picture that is developing. s0 far the american has blocked access to afghan reserves in us banks, while the imf weighs approval of m60 million of pandemic funding. the governor of the central bank who spoke to us exculusively last night told us the country has been dependent on bulk shipments of dollar reserves and is now rapidly running short, which could soon lead to higherfood prices. so who are the political leaders of the taliban are they the kind of people the americans can work with and are they up to the job of uniting and guiding theirfractured country. ahmed rashid, is a journalist and author of "taliban: the story of afghan warlords." thank you very much for being with

the imf's report was also quite interesting because it showed i the disparity between - the countriesfast| enough and those that can. so, advanced economies that have, on average, l 40% of their populations - vaccinated are recovering much quickerthan emerging . economies that, frankly, have not been able to vaccinate more than 10% to 15% - of their populations. so, in a way, this idea - that we can ignore the vaccines and see an economic. recovery is impossible. yeah, the figures — i think, for the second quarter in the us 6.5% sounds very healthy, but it had been predicted quarter two was going to be 8.5%. whether that is directly linked to vaccines is for others to debate. but ned, we've now mentioned michael gove talking about shame. we had kay ivey, republican governor, talking about blame. does this kind of language give any cause — should it give us any cause for unease, do you think, we are going to turn the unvaccinated into some sort of social pariahs? well, i'm with steve in the sense that in some sense this is a statement of the blindingly obvious, that i think it's now su

will be looking in more detail at the economic outlook given the news that we have had three from the imfin that interview, more on that later. in other news let's turn to haiti now. the head of the pan american health organization has called on the international community to provide urgent medical personnel and equipment to the country, which suffered a devastating earthquake last saturday. the earthquake is now known to have killed nearly 2,200 people. our correspondent james clayton reports from the village of maarsseleen, near the epicentre of the quake. as you head out from the city of les cayes to rural marceline, the road is marked by landslides... ..and deep cracks. the village is remote and the scale of the damage, catastrophic. rosemary took me to her house. her 15—year—old son was charging his phone when the quake hit. the wall collapsed on him. translation: these are his books. - he had recently got them so he could start a new year of school. and now, he's gone. i wrap his shirt around my waist. it keeps me strong. when you come to these rural areas, the level of destruction

imf approve the biggest injection to help countries deal with mounting debt and the fallout from the pandemic. the creation of the reserve assets, known as special drawing rights, is the first 250 billion dollars were issued just after the global financial crisis in 2009. the u.s. has reached president biden's goal of having at least 70% of adults at least partially vaccinate against the coronavirus about one month later than planned. san francisco and surrounding counties are reinstating march requirements in indoor public spaces regardless of vaccination status. new york city is recommending masks indoors but without mandating it. credit suisse has sold $3.75 billion of bonds as it recovers from losses stemming from the loss of archegos capital. the lender issued in the debt in three parts with durations of two years and five years. reddit sees -- credit suisse's exposure prompted changes including a pause in buybacks and dividend cuts. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this

imf was frozen. we froze the assets to afghanistan. they now have a country to run. one hears, on the one hand, we could use those in order to get some satisfaction on human rights or something like that. alternatively, they're going to dominate taxation and the poppy trade and all kinds of other things. they're not going to need to go to the imf in exchange for successions on women's right and things like that. do you have a response for that? lisa: well, i think there are still tools at our disposal and we have to try to use them. and we have to try to work in concert with our partners. look, china, russia, pakistan, they may rush to recognize the taliban. they don't really care about human rights, civil rights, in the country. but our u.k. partners -- i would point to the prime minister's speech the other day, a very powerful speech on the need to condition any future recognition of the taliban and what our expectations should be. the u.k., the eu partners, we need to work together and figure out a strategy for how we could potentially, potentially try to shape, y

the imf has approved the biggest in history. these funds will be going towards nations to help them deal with the impact of the covid-19 pandemic. which we know has been devastating for many developing nations. win talking about the $650 billion of new reserves, we have heard from the managing director who has called it a shot in the arm for the world that the allocation will boost liquidity. all of the imf member come days -- countries will foster resilience and stability. that has been approved now. shery: we are also watching breaking news on amazon. a u.s. labor official saying the union voted and should be rerun. saying the amazon misconduct prevented fair elections. workers at an alabama warehouse voted not to join a retail union, which was a setback for labor organizers and a significant victory for amazon. a source telling bloomberg that amazon's union vote should be rerun. this coming days after we have their outlook, and also their earnings missing expectations and their market cap really taking a hit. coming up, squar

the imf says the new government in afghanistan is cutting off -- is cut off from using reserve assetsrives the taliban of key resources. the imf says afghanistan can't use the money because the new regime lacks international recognition. in haiti, the death toll from that earthquake last weekend has risen to almost 2200. meanwhile, tensions have been rising over the slow pace of aid reaching victims. they have complained of inadequate food and material needed to temporarily repair damaged homes. there are more than 10,000 firefighters battling wildfires in california, but that isn't enough, and the state is having a hard time fighting more wildfires as they rage across the western u.s. and canada. 12 major wildfires are now burning in california. the rout in chinese tech giants got worse today after the industry was hit with a new bout of proposed regulations. alibaba l2 a record low in hong kong. tencent was also lower. china is studying proposals to further ensure the rise -- of online companies. the government may also increase regulation of the livestream industry. chip shortages

business and dare i say it, finally the breakdown of cooperation as we've known it from the world order, imf, now challenged by chinese initiatives belt and road. within the european and america sort of the allies, there are real tensions and we've seen that with the roll out of vaccines and the covid response and the world health organization. so i sort of have gone through a whole portfolio of issues, but the bottom line is that we have to mitigate for those risks, to wake up in a world which it's much more fractured, much more vulcanized. how can you think about running your business in a world that's much more siloed i think is an important question that companies and boards need to think about. >> absolutely. >> and so that is very much an important thing. i will just also say, if i may, that it's also not just about speaking about the risks and downside, but where the opportunities lie. you can't shrink your way to growth, you have to think about expanding the companies for expanded periods. >> the glass is half full, and those are weighty questions. lastly, we've been talking about it

the imf also suspending afghanistan's access to funds.e world health organization saying it has been unable to fly 500 tons of medical supplies into afghanistan due to restraints at the kabul airport. can you respond to all of this, the withholding of the funds? >> as humanitarians, we have funding for continued operation. it will be essential in the coming days and weeks that there is an important scale up and fast tracking of the humanitarian funding to allow the agency -- aid agency to continue saving lives and deliver the very much needed essential services to the affected population. in our commitment to stay and deliver, it is really fortunate that we have the ability and the funding to do so. today in afghanistan, we have over 160 partners delivering aid. since the beginning of the year, 8 million people have received aid. so we need to scale up. we consider 60 miion people will require aid in afghanisn. obviously, with the increase of fighting that we have seen, with the drought, with the winr coming very soon, we need to be able

the taliban -- the imf cuts off the taliban.onds away from the open and they are firmly pointing to a lower start. this on concern of maybe tapering sooner than expected, certainly on concern about growth. we heard about toyota slashing production by 40% because of the chip shortage. we have the open, the european bell just drinking. this is what we are seeing from the ftse 100. the dollar of a rally. that is always a good indication of what could happen with other asset classes. this is on weekend global grout outlook -- global growth outlook. nothing has really changed in the last two to three days. we have not had any real news that could change that. may be it's off a little bit of the august mentality. it is certainly bets more than anything fundamentally changing. the latest fad minutes showed that most fed officials agreed that they could start slowing the pace of bond purchases later this year, given the progress made towards inflation and employment goals. ibex, cac 40, the ftse all down 1.5%. let's take a look at some

the biden administration decision to freeze billions of dollars in afghan assets along with the imf halting $450 million in funding is leading to a cash shortage. the taliban expects the turbulence to end soon but many afghans are growing desperate. >> finally, for business. a heavy weight lifted from environmental concerns. the use of leaded gasoline has finally been eradicated worldwide. 20 years ago, 100 countries were still using leaded gas despite numerous studies linking it to premature deaths, health problems and other problems. the unmarked, and afghanistan were among the last to stop selling it. it wasn't until algeria exacted its last stocks in the past month that the use was fully eradicated you and environment program says 1.2 million fewer premature deaths per year and some 2.4 trillion in savings for world economies. they say it goes to show that fossil fuels can be phased out as they are facing -- we are facing a mounting climate crisis that calls for eight energy transition. goodness. it won't and on its own but taking a look right now. >> is a move in the right direction. d

reporter: and the imf decision? mr. price: i don't have any comment on that. thank you all very much. >> c-span's washington journal. every day we take your calls live on the air on the news of the day and discuss policy issues that impact you. tuesday morning, we discussed houseboats on the $3.5 trillion budget resolution, voting rights and infrastructure. then we will talk about the evolving situation in afghanistan watch washington journal lives at 7:00 eastern tuesday morning. join the discussion with your phone calls, facebook comments, text messages and tweets. ♪ >> if you choose to research the origins of a topic discussed frequently in the united states in recent months called critical race theory, you will find the name derek bell. the law professor who died in 2011 was one of the principal originators of this much discussed subject. in november of 1992, eric bell appears on book notes to discuss his book "faces at the bottom of the well: the permanence of racism." >> the late derek bell, harvard's first tenured professor, on book notes plus. listen w

then there was a $340 million payment that government was expected to receive next week in imf funds.been put on hold by the imf , but again these efforts don't necessarily mean that the taliban somehow goes broke tomorrow, a former treasury department official who we spoke with and has experience in afghanistan tells us this group has other options. >> the taliban people to self- fund, they raise money from heroin, foreign donors from the gulf, these are problems that have been going on for 20, 30, 40 years and the u.s. government and the international community have been working to try to stem that questions about are they getting money from foreign support is a live question. connell: you'll have to watch that. there's a u.n. report estimating the taliban is able to generate annual revenue between 1.6 billion u.s. dollars so a wide range in the u.s. certainly has work to do here coordinating with allies on these issues, on foreign aid, for example, but even if that were to be cutoff the foreign aid, the illicit drug trade has been so profitable over the years, and certainly its wor

since the takeover, the imf denied afghanistan access to its loans. the e.u. pulled development funds. washington froze the afghan central bank's $9 billion cash reserves. the world bank has suspended its projects. the lender had spent $5.3 billionince 2002. >> as long as the taliban are a terrorist group, we have leverage. they cannot access their assets except in an illicit way. they cannot access financial assistance. they cannot access loans. >> is the international community puts financial pressure on the taliban, afghan civilians find themselves stuck between a cash squeeze and a humanitarian crisis. >> u.s. president joe biden has asked apple, google and amazon and other leaders to do more to protect america from cyber attacks. he says the government and private sector must work together to respond to the growing threat. among the big tech attendees, microsoft said it would invest $20 billion over the next five years to speed up its cybersecurity work. the u.s. congress is considering new legislation on data security. here is president biden speaking on

they maintained by the imf so that money is on hold.s a un report that the annual revenues, one.6 billion us dollars per year. traffickers everywhere the afghan cartel will invest chaos good for business and what is good for the afghan drug business is good for the taliban and. they may face the richest, best armed narco scheme ever conceived, financial leverage to turn it up, the drug trade may negate some of that. has for the president at the white house we don't expect to see him in public. he's meeting with his national security team about afghanistan. stuart: behind closed doors was an american stuck in afghanistan begging the president for help. >> maybe it is help. these afghans who helped you. stuart: national security analyst ryan morrow is with us. you are in contact, what are you telling them? >> any american they can talk to with a one% chance of providing them away out, a chance at living and the horror you imagine they feel is much worse. something i find encouraging is the afghans that remain and will be leaving afghanist

imf has canceled a $450 million transfer. world bank put on hold over $5 billion in development projects as they assess the risks to social progress over the last two decades that has been made. billion dollars in afghan central bank assets held in the u.s. have been frozen by washington. the u.s. dollars used to prop up the value of the currency, the afghani. these foreign currency reserves are key to maintaining the value of currencies in local economies. especially those that depend on heavy imports. so we are seeing a lack of foreign cash, hitting salaries and the value of the afghani. it is making it harder for afghans to make ends meet. >> what might the future look like for the afghan economy? >> in the short term, the easiest source of income, foreign income, will be the production of opium poppies. traditionally a large cash crop for afghanistan, not just drugs, but pharmaceuticals. about 85% of the world's opium. longer term, significant natural resources. critically vast mineral deposits the u.s. in 2010 estimated

t before anythin els goes in there, we need theseubstantial reform and we need an imf program, we needo fix comptely rig now the comatoseinancial secr, we need to cln up the central bank. as long as that does not happen, you don't even want to start. brent: it a long to do list, that's for sure. heiko: it surely is. brent: we appreciate your insights tonight. thank you. heiko: thank you. brent: let's get you up-to-date now with some of the other stories making headlines around the world. israel has italia did against rocket strikes launched into its territory from lebanon. they say they fired artillery barrage is in response. there are no reports of casualties. the u.s. state department condemned the rocket attacks. two trains collided in the west of the czech republic, leaving three dead and eight seriously injured. authorities say an express train from munich to prague collided with a regional train. emergency services are on the scene. thousands of firefighters in california are bracing for a tough few days, as hot, dry weather threatens to further stoke the state's largest wildfire

for me, writing is a very solitary experience and imf -- i am a very fast writer when i have the spaceo do so. i feel like i am much more naturally an introvert, so being the person who writes is much easier for me than the other parts of it, which are the public parts or the producing and explaining to everybody what has to happen parts. finding the balance has been much easier than i thought. david: during covid, i assume you worked from home more than your office. was it easier to write a show or create a show from home with three young daughters running around? shonda: i found, being at home could be both revelatory in the sense that i would always feel like there was so much work to be done that i had to be standing right in front of everybody to be doing it. i discovered no, a, a lot of people got more freedom to do things i didn't need to control, and b, i got more writing done being at home. david: will you spend more time at home now? or will you say actually i can't wait to get back to my office? shonda: i definitely think i will spend more time at home. mainly because i get

we see the imf has also, for the moment, suspended all economic assistance to afghanistan.ntil two weeks ago, was 40% reliant on international economic aid and assistance. that's all gone. you'd think if the taliban were serious about trying to get some of those economic lifelines restored, they might be doing more to reach out in terms of guaranteeing rights, guaranteeing political pluralism. we're not seeing it. yeah. and that's what we are trying to get them to understand, the severity of the economy of the country, the enormity of the responsibility on their shoulders, and they must... time should be of the essence, enough urgency to them and that a political settlement, absolutely something that the economy of the future of this country will depend upon. and we hope they realise the enormity of the responsibility that they have on their shoulders now, and expedite the political talks that will hopefully lead to a political agreement in the political transition in this country. what's your feeling about what the donor nations, the western nations and others should do ri

last week, the imf locked delivery of payments. since the taliban takeover, the u.s.as frozen 9.5 billion dollars worth of afghan government reserves in american banks. those are the headlines. i'm emily anglin. the news continues here on al jazeera after "inside story," and i will be back at the top of the hour with more news. ♪ ♪ >> what is driving the rise of bitcoin? the value of the digital currency as risen again. could they place original -- replace original transactions and what is the use in using them? this is "inside story." ♪ rob: welcome to the program. i am bob matheson. bitcoin hit a record high in its unmatched record of price swings. some call it the currency of the future. others call it bubble that is doomed to first. but the mother of all cryptocurrencies is slowly cementing its place in global markets as the most preferred digital assets. financials to tuitions mastercard, paypal and many others are investing heavily in it, expanding access to customers around the world. so, while coin trends higher, the question remains -- will it replace traditi

that's frozen and then the government was supposed to be able to access some $340 million in imf money they did is basically put that on hold saying their members still don't have clarity on whether the taliban should be recognized as an official government or not, so no imf money for the time being. the big question and we just spoke to a former treasury department official is can the taliban makeup for those losses through maybe illicit drug trade profits? take a listen. the question of which taliban are we getting, are we getting the taliban from the 90s that profited handsomely on the drug trade but then actually made a turn to cancel it around 2001 they said they were seizing it and they relatively kept their word but now over the past 20 years they've raised more and more money on the drug trade both heroin and opium as well as methamphetamines which both affects regional neighbors like iran, pakistan and so there should be a larger international consensus, not just of allies, but of some adversaries as well to add dress this drug problem. reporter: the annual revenue for the tal

afghanistan was due to receive around $1160 million next week as part of a global imf response to thecrisis. i spoke to a doctor from the centre for strategic and international studies, research organisation. i asked international studies, research organisation. iasked him if president biden was right to say the afghanistan government was responsible for the swift taliban takeover. i think it is disingenuous. in conversations i have had with senior afghan officials over the past few days, what they have indicated is that morale collapsed in part because the us was going to withdraw all of its forces, not provide any support, including air support in case of engagements,, and the taliban had the backing of the taliban had the backing of the trainees. you saw that with the trainees. you saw that with the chinese foreign minister meeting with one of the taliban leaders a few weeks ago. pakistan, the main backer, the iranians and the russians. i think this was a fait accompli, triggered by the us withdrawal. i think that was a critical factor. that is very interesting. was that moral issu

afghanistan was due to receive around m60 million next week as part of a global imf response to the economice'll be looking at the role of afghan women under the new taliban regime and i'll be speaking to a woman's rights activist from the country — so do stay with me for that. in other news let's turn to haiti now. the head of the pan american health organization has called on the international community to provide urgent medical personnel and equipment to the country, which suffered a devastating earthquake last saturday. the earthquake is now known to have killed nearly 2,000 people. 0ur correspondent james clayton reports from the village of near the epicentre of the quake. as you head out from the city of les cayes to rural marceline, the road is marked by landslides... ..and deep cracks. the village is remote and the scale of the damage, catastrophic. rosemary took me to her house. her 15—year—old son was charging his phone when the quake hit. the wall collapsed on him. translation: these are his books. - he had recently got them so he could start a new year of school. and now, he's go

i had the best meet of my life and imf on proud of myself for not giving up. >> a terrific performancerformance here for he(man) i've made progress with my mental health. so when i started having unintentional body movements called tardive dyskinesia... ... i ignored them. but when the movements in my hands and feet started throwing me off at work... i finally had to say, 'it's not ok.' it was time to talk to my doctor about austedo. sh hile i continue with most of my mental health medications. (vo) austedo can cause depression, suicidal thoughts, or actions in patients with huntington's disease. pay close attention to and call your doctor if you become depressed, have sudden changes in mood, behaviors, feelings, or have suicidal thoughts. common side effects include inflammation of the nose and throat, insomnia and sleepiness. don't take austedo if you have liver problems, are taking reserpine, tetrabenazine, or valbenazine. austedo may cause irregular or fast heartbeat, restlessness, movements mimicking parkinson's disease, fever, stiff muscles, problems thinking, and sweating. (man)

it is the largest allocation of its kind that the imf has ever made.arity about who is the government. taiwan has begun using its first domestically developed covid—i9 vaccine, amid criticism that its approval was rushed. the president led the way in receiving the medigenjab. it was authorised for emergency use last month, although clinical trials are yet to be completed. only 3% of taiwan's population are vaccinated. stay with us on bbc news, still to come: lebanon turns to iran to head off an acute shortage of fuel, as the country continues to spiral from one crisis to another. the head of public health in cumbria is asking tourists to take a lateral flow test before visiting the county. it follows a sharp increase in the number of coronavirus cases — in one district it's doubled per 100,000 in a week. 0ur north of england correspondent fiona trott has been telling us the authorities there are clearly very worried. so we have seen elsewhere, haven't we, in cornwall, that public health officials there are saying that boardmasters music event has contr

this i the imf, to the world bank to tell them to cut off the money? about earlier — them to cut off the money? as i read about earlier this _ them to cut off the money? as i read about earlier this week _ them to cut off the money? as i read about earlier this week with - them to cut off the money? as i read about earlier this week with the - about earlier this week with the atlantic council, they have a number of options and they have the ability to engage with allies, with other partners around the world. both bilaterally and multilaterally, the secretary is an expert, a former deputy national security adviser and i have confidence they are engaging at all levels with appropriate counterparts.— at all levels with appropriate counterarts. u, . ., , counterparts. the concern in europe would be that _ counterparts. the concern in europe would be that if the _ counterparts. the concern in europe would be that if the americans - counterparts. the concern in europe would be that if the americans take | would be that if the americans take a hard—nosed appr

they need really the moneyl and the money is completely blocked in washington either by the imf or the or in europe. so there i think there is the real leverage l of the west to force i the taliban to be more inclusive in their governmentj and to respect human rights, hopefully. jeffrey, what is the appetite amongst the american public for taking in afghans who helped them and the allies? we know thatjoe biden has said they are going to have to be screened, they are going to have to be vetted. they won't necessarily, these refugees, be allowed straight into the us if that's where they want to end up. i think it's a pretty spotty record in the past in these kind of circumstances. in principle, support for people, particularly interpreters, and let's be clear, interpreters don'tjust interpret into english, they help people understand cultural, culture. they help people find contacts. i mean, i have worked with these kind of people as a journalist, as a war correspondent. your lives very much depend on these people and you become and so the people who are connected to them will work and a

where we actually had a liberal order of the world bank and imf now being challenged by chinese initiativessuch as dalton road. and then to see the rollout of vaccines and the covid response. i went through a whole portfolio of issues but the bottom line is we have to mitigate for those risks to be in a world which is much more fractured and vulcanized. and in the business that is much more important for them to think about. so also not just about the risk in the downside but also maye the opportunities lie and then to shrink your way to growth and for longer periods. >> the glass is half-full. lastly, and the investor bases dramatically changing the new director joins the board i'm curious about the advice to giveth them dealing with ambassadors institutional ambassadors or how they align themselves and of course activist investors becoming the norm how do you even advise on that? >> the most important thing is to read up on the motivations and the angles the investors may take i think of large powerful investors as being out there to make trouble so sometimes that it is the ideal approach

the imf have cut off funds. they need ties.akistan. maybe that will be enough, but i think that will be enough, but i think that won't be.— that will be enough, but i think that won't be. ., ., ., , , that won't be. how on earth is this country going _ that won't be. how on earth is this country going to — that won't be. how on earth is this country going to be _ that won't be. how on earth is this country going to be funded. - that won't be. how on earth is this country going to be funded. i - that won't be. how on earth is this| country going to be funded. i spoke to a former ambassador this week and brought up the resources within afghanistan. i mentioned lithium and china's interest in those resources and he said well actually, there are and he said well actually, there are a lot more. and he did not understand why the british did not make the most of it. where does the wealth in afghanistan come from? {jut wealth in afghanistan come from? out ofthe wealth in afghanistan come from? out of the ground well partly so. and the

singapore, malaysia, indonesia -- remember what the imf said about recovery.r chief international correspondent for southeast asia, haslinda amin. meanwhile, bill withers is the latest to signaled that tensions between china and the u.s. will not derail his investments. quick to geopolitical tensions are always on our mind, but the fact is the chinese economy is going gangbusters. the chinese connection to the rest of the world is increasing, not decreasing. as supply chains are reconfigured not just by western companies but also but chinese companies, the opportunity for us to provide the financing, the associated risk management, is very, very strong. rishaad: what are you doing about staff retention? we have a lot of these passport holders who may well be leaving. are you seeing evidence of that? >> we are not seeing a material migration either of money or of people. i think people have always left from time to time. people are also coming back in. this is the place to be if you want to participate in the chinese capital markets. in our case, we complement

lot of reading and had a look at what the world bank has said, what the world bank has said, what the imfaid and others about the outlook for the afghan economy. it's very gloomy, isn't it? give us your picture. gloomy, isn't it? give us your icture. gloomy, isn't it? give us your icture, ., gloomy, isn't it? give us your icture. ., , ., picture. the outlook is not very positive. _ picture. the outlook is not very positive. in _ picture. the outlook is not very positive. in the - picture. the outlook is not very positive. in the last i picture. the outlook is notl very positive. in the last 20 years the afghan economy has primarily relied on the goodwill of the international community and the presence of international forces in the country. for example the main activity has primarily focused on construction in the field of security spending, transportation spending, and you can see that these fields are basically quite closely related to the presence of international forces in the country, so going forward we will see how that economic picture changes now that international forces have le

the imf holds back funds from afghanistan, as international organisations grapple with whether the taliban can be recognised as its government. how canthe dairy industry fight greenhouse gas emissions when a quarter of global emissions comes from food production? with many cinemas closed and others operating at half capacity it takes courage to release a new film in india, i'll talk to a producer who is doing just that. we begin with afghanistan because the international monetary fund has decided to withhold funds it was scheduled to disperse to the country on monday, saying that it was due to a "lack of clarity" within the international community as to whether the taliban should be recognised as the government in the country. the us treasury had earlier blocked the taliban from accessing some $9.5 billion in reserves held in the us. all this throwing the future of the country's economy into question — as nick marsh explains — much of afghanistan's budget comes from overseas sources. when it comes to afghanistan, it is useful to break it down in several ways. foreign cash makes up a massiv

their gun in anger, the taliban know that that will lead to continued suspension of funds from the imfllars worth of afghan reserves held. and the cutting off of foreign aid. absolutely. at some level, they do know it, but this is not the royal silver silvers —— the royal civil service. they have thousands upon thousands of fighters who are not organic taliban. they have al-qaeda, isis, the islamic movement of turkestan which is aiming the guns north to central asia. and they do not control their people as effectively as a regular army. it is now a regular army. it is not! inadvertently or deliberately, things can deteriorate very quickly and there is a danger, i'm not saying it is going to happen. there is a danger of things getting out of control and a bloodbath of civilians, people trying to escape or our own people may be hurt very badly there. i or our own people may be hurt very badly there-— badly there. i wonder if perhaps the us president _ badly there. i wonder if perhaps the us president does _ badly there. i wonder if perhaps the us president does not, _ badly there. i wond

the imf paused money that was supposed to be going to afghanistan. have china saying this morning that money should continue. this is the leverage the international community has over the taliban. it is a poor country. it was poor when america got there. it was poor during the withdrawal. that is probably the biggest piece of leverage. lisa: when we got the images of the chaotic removal of u.s. troops, president biden's approval went down significantly . is that still a discussion or has that been tabled and people have come to terms with the reality that's happened? >> it is twofold. on one hand, you will have congressional hearings. there are democrats and republicans who are very upset about the chaotic withdrawal. there are a number of lawmakers i have been in touch with who are deeply involved with trying to evacuate americans and afghan allies and went answers about why -- and want answers about why this was chaotic. one nbc poll was prescient. when you asked americans what is most pressing on their mind, afghanistan is not even on the list. it