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Counting the Cost
Where is the global economy heading?
We ask if the numbers coming out of China can be trusted, and whether
Africa is doing enough to realise its potential.
Counting the Cost Last Modified: 19 Jan 2013 09:00
his week on Counting the Cost, we look at the global economy and where it is
heading.
As China reports much anticipated growth figures we take a closer look at how
that fits into the global picture and go behind the numbers with Jorge
Mariscal, the chief investment officer for Emerging Markets at UBS Wealth
Management. Can we trust the numbers that come out of China, and treat them as
the most accurate numbers we could possibly get? And when will we actually stop
calling China an emerging market?
Egypt's economy has been hit hard by the aftermath of the Arab Spring. Qatar
has doubled the amount of aid it is sending and Cairo is trying to negotiate a
$4.8bn deal with the International Monetary Fund (IMF). But the population is
suffering and there seems to be no end in sight.
Sub-Saharan Africa has a different problem - how to harness all its natural
resources to boost economic growth and not just line the resource companies'
pockets? Nosizwe Nokwe-Macamo, the chief executive of South Africa's state oil
company PetroSA, lays out her ideas for the future and tells us which country
is the game changer for the whole region.
Plus, making money in sport: The world's top golfer, Rory McIlroy, becomes the
$100m man - thanks to his new friends at Nike. Counting the Cost spoke to him
and the head of Nike golf, Cindy Davis.
Watch each week at the following times GMT: Friday: 2230; Saturday: 0930;
Sunday: 0330; Monday: 1630. Click here for more Counting the Cost.
Follow Kamahl Santamaria @KamahlAJE and business editor Abid Ali
@abidoliverali
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