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May 9, 2018

05/09/2018: Why its ‘business as usual’ for many German firms after US exits Iran deal

(Global Edition) From the BBC World Service… As the US exits the Iran nuclear deal, European nations hope to stick with it. But what’s the feeling from business leaders on this side of the world, and how are they weighing the risks of potentially losing access to the world’s biggest economy? Then, Argentina is looking for a deal with the International Monetary Fund to help stabilize a plunge in its currency and high inflation. But how will the IMF respond after a meeting with the country today? Afterwards, we explore the root of the problem forcing Madagascar vanilla prices higher. 

German Foreign Minister Heiko Maas gives a statement on May 9, 2018 in Berlin after US President Donald Trump pulled the United States out of a landmark deal curbing Iran's nuclear program and reimposed crippling sanctions, defying European pleas and prompting international outcry.
German Foreign Minister Heiko Maas gives a statement on May 9, 2018 in Berlin after US President Donald Trump pulled the United States out of a landmark deal curbing Iran's nuclear program and reimposed crippling sanctions, defying European pleas and prompting international outcry.
ODD ANDERSEN/AFP/Getty Images

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(Global Edition) From the BBC World Service… As the US exits the Iran nuclear deal, European nations hope to stick with it. But what’s the feeling from business leaders on this side of the world, and how are they weighing the risks of potentially losing access to the world’s biggest economy? Then, Argentina is looking for a deal with the International Monetary Fund to help stabilize a plunge in its currency and high inflation. But how will the IMF respond after a meeting with the country today? Afterwards, we explore the root of the problem forcing Madagascar vanilla prices higher.