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Business Matters: Global heatwave: The economies taking a hit

Global heatwave: the economies taking a hit

20/07/2022 GMT

Global heatwave: The economies taking a hit

BBC World Service - Business Matters, Global heatwave: The economies taking a hit

The heatwave is gripping parts of  Europe and China, and having a global economic impact

The heatwave gripping Europe, the US and China over the past week is testing infrastructure and hurting economies.

Hundreds of people have died across Europe. Thousands have had to flee wildfires in Spain, France and Greece. In the US President Biden will reportedly declare a climate emergency as soon as this week. Rachel Kyte, Dean of The Fletcher School at Tufts University in Boston, Massachusetts and was an adviser to the UK Cop26 delegation, shares her thoughts.  

In Sri Lanka, parliament will elect a new president to try and solve the country’s economic problems. There are three candidates: the current Prime Minister Ranil Wickremesinghe, the opposition candidate Dullas Alahapperuma and the leftist candidate Anura Dissanayake. Marlon Ariyasinghe, editor at Himal South Asian a magazine based in Sri Lanka, explains the economic challenges that one of the candidates must tackle.  

Rahul Tandon is joined by Mehmal Sarfraz, Co-founder of The Current PK and Mitchell Hartman, Senior Reporter at Marketplace. 

(Picture: A man uses a fan while shopping in a greengrocery in Seville on 19 July, 2022, Spain. Credit: Getty Images)

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