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World Business Report: First broadcast 20/01/2020 01:06 GMT : Major powers commit to "peaceful resolution" in Libya

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Major powers commit to "peaceful resolution" in Libya

First broadcast 20/01/2020 01:06 GMT 

First broadcast 20/01/2020 01:06 GMT : Major powers commit to "peaceful resolution" in Libya

BBC World Service - World Business Report, Major powers commit to "peaceful resolution" in Libya

UN chief Guterres has said that major powers are "fully committed" to peace in Libya

After a summit in Berlin, world leaders have pledged not to interfere in Libya's ongoing civil conflict, and have vowed to uphold a UN arms embargo. Rhiannon Smith, executive director of the research consultancy Libya Analysis, explains what this could mean for Libya’s shaky oil export industry.
Also in the show, the government of Mozambique is seeking the cancellation of a $622 million debt in a civil case lodged at the UK High Court. Tim Jones, head of policy at the UK charity Jubilee Debt Campaign, explains why Mozambique says the loans were unconstitutional and illegal.
Meanwhile as the World Economic Forum meeting in Davos prepares to kick off, a report from Oxfam alleges the world’s 22 richest men have more wealth than all the women in Africa. Oxfam’s head of advocacy Katy Chakrabortty joins to explain the report’s findings and recommendations.
And the German government will spend over $95bn to upgrade the country’s rail network. Chris Jackson of the Railway Gazette Group explains why.
We’ll also have a look-ahead to the week’s economic news with independent economist Michael Hughes.
(Picture: German Chancellor Angela Merkel welcomed Russian President Vladimir Putin and UN Secretary-General Antonio Guterres to the Berlin summit. Picture credit: Getty images.)

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First broadcast 20/01/2020 01:06 GMT : Major powers commit to "peaceful resolution" in Libya

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