David talks to Helen Thompson about the economic order that was created in the aftermath of the Second World War. What was agreed at Bretton Woods, how did it work, why did it eventually fail, and can any of it be revived?
This week we try to make sense of what's happening to the international order, from the end of the Iran deal to the on-again-off-again US-North Korean summit to opening of the US embassy in Jerusalem. Can Europe carve out a separate foreign policy from the Trump administration? Is regime change still the name of the game? And what has it all got to do with the price of oil? Plus we ask if anything is left of Obama's legacy and why it was so easy to undo. With Helen Thompson, Aaron Rapport and Chris Bickerton.
We talk with economist Diane Coyle about what's wrong with our main measure of economic performance and how it impacts on politics. She tells us what we're missing in our measures of economic activity and she explains how we could do it better. Plus we discuss whether the unemployment figures still tell a true picture of the world of work and we ask whether the dollar's days as the global reserve currency may be coming to an end. Numbers and why they matter. With Helen Thompson and Chris Bickerton.