Dirhams & Dollars

Bad week for deals: OPEC and G7 struggle to make markets happy

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Sinopse

On this episode of Dirhams & Dollars, the business team discusses the flurry of international activity at the tail end of last week, including OPEC’s oil cut extension, and the meeting of world leaders at the G7 summit. We talk about why the price of oil crashed despite the extension of production cuts, and we look at the G7’s shaky agreement on free trade. On the subject of trade, and looking ahead at the coming week, the team discusses Modi’s impending visit to Europe, where his first stop is Germany, and a meeting with Angela Merkel, where trade and investment are expected to be at the top of the agenda. On the political front, we analyse the shifts in the UK election landscape, and talk about how often polls are wrong. Next up, we look at the bull run bitcoin is on, and how far up the price can go before, if at all, it comes crashing down.