Al Jazeera English published this video item, entitled “Can the British government avert a financial crisis? | Counting the Cost” – below is their description.
The British prime minister is betting big on a fiscal policy that includes the biggest tax cuts in the United Kingdom in half a century – funded by borrowing.
Liz Truss says the plan will kick-start the economy. But her critics say it is a reckless gamble. And the plans seem to have backfired already. The pound has fallen to record lows, and financial markets have gone into turmoil.
In rare public criticism of a leading global economy, the International Monetary Fund has warned the plan could increase inequality in the UK.
Elsewhere, Bollywood and Nollywood movies fight to stay in the spotlight.
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