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World Business Report: First broadcast 2018/10/15 00:06 GMT: Italy's Budget Challenges EU Debt Rules

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Italy's Budget Challenges EU Debt Rules

First broadcast 2018/10/15 00:06 GMT

First broadcast 2018/10/15 00:06 GMT: Italy's Budget Challenges EU Debt Rules

BBC World Service - World Business Report, Italy's Budget Challenges EU Debt Rules

Eurozone countries are subject to strict limits on how much they can go into debt

Monday is the deadline for the countries that use the Euro currency to submit their budget plans to the European Commission. Italy's proposed budget breaks EU rules on how much a country is allowed to go into debt. We get analysis from Nicola Borri, a professor of Economics at Luiss University in Rome. Following a series of weekend of meetings, and no breakthrough on Brexit, what will European leaders have to discuss at their summit on Wednesday? Grace Blakeley, research fellow with the Institute for Public Policy Research, tells us about the challenge of balancing political considerations against measures to protect the UK economy after Brexit. The global ports operator DP World is building a container terminal in Somaliland, even though it is not internationally recognised as a country. We hear from its chairman Sultan Ahmed Bin Sulayem. China has been accused of keeping the value of the yuan artificially low to boost exports. Ahead of a US Treasury report on currency manipulation, our regular economic commentator Michael Hughes has been assessing China's currency strategy. And it's a year since a post on Twitter boosted the 'MeToo' campaign and galvanised women to come forward with allegations of sexual misconduct, notably in the media industry. Entertainment reporter KJ Matthews explains what it has meant for Hollywood.

(Picture: Italian Deputy Prime Minister Luigi Di Maio, Credit: EPA)

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First broadcast 2018/10/15 00:06 GMT: Italy's Budget Challenges EU Debt Rules

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