World Business Report

BBC World Service

Business, Business News, News & Politics

Chart Positions

Business News 45

The latest business and finance news from around the world from the BBC


EU and Africa leaders agree migrant fund

November 12th, 2015

Episode 552 of 1091 episodes

What can be done to stem the human tide of migrants from Africa to northern Europe? After a summit in Malta that was at times tense and acrimonious, leaders from both continents have agreed on a package of measures. Among them - the creation by the EU of a fund for Africa, worth just under two billion dollars. It will be spent trying to counter the impact of poverty and conflict now driving migration to Europe. We speak to Caroline Njuki, regional migration coordinator at the Intergovernmental Authority on Development, and economist Roger Bootle. India has one of the world's fastest-growing economies. And huge potential for international business. That is why the red carpet has been rolled out in such style for Prime Minister Narendra Modi's first official visit to Britain today. Richard Heald is chief executive of UK India Business Council, which works to promote trade between the two countries. According to the Star Spangled Banner, the United States is the land of the free and the home of the brave. So how come the number of Americans renouncing their citizenship is hitting new heights? More than three thousand people have given up their US nationality so far this year. One reason so many people are bidding farewell to Uncle Sam is tax. The Foreign Account Tax Compliance Act, better known as FATCA, is a new law which demands US citizens file tax returns to the US. The BBC's Russell Newlove reports from Paris.

Featured Podcast