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Business Daily: Trump's Global Impact

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09/01/2017 GMT

Trump's Global Impact

BBC World Service - Business Daily, Trump's Global Impact

One leading forecaster says the new US President will bring on "geopolitical recession".

One leading forecaster says President Trump will cause "geopolitical recession" in 2017. What does that mean? And has India's experiment in demonetisation succeeded or failed?

Leading international forecaster Ian Bremmer, head of the leading political risk consultancy The Eurasia Group, says that the new man in the White House could single-handedly bring about "geopolitical recession" in 2017. He tells presenter Ed Butler that the political risks have not looked so bad in decades. Is that really true? 

And it's two months since the Indian Prime Minister Narendra Modi announced the banning of all existing 500 and 1,000 rupee notes in circulation. It was the boldest single attempt to clamp down on the black economy ever attempted in a modern democracy. But has it worked, or has the "shock therapy" done more to kill the patient? We hear an assessment on the impact on one sector - tourism - from Kolkata, and we talk to the Indian investor Ruchir Sharma, author of best-selling book The Rise and Fall of Nations.

(Picture: A Chinese magazine with Donald Trump on its front page; Credit: Greg Baker/AFP/Getty Images)

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