EU frees up money for Ukraine
About this episode
The episode discusses the EU's $100 billion loan to Ukraine, the situation in Iran, and the rise of Chinese retail brands.
The European Union has unlocked a $100 billion loan for Kyiv - money that’s been stuck for months. Hungary had been holding it up, arguing it wasn’t receiving Russian oil through a key pipeline that runs across Ukraine. That line was damaged after a Russian strike earlier this year, but Kyiv says repairs are now complete and oil is flowing again. Plus, we get a rare insight into what it’s like trying to run a shop or even buy bread in Iran these days. And we look at the rise of quality Chinese retail brands, challenging the perception that “Made in China” means cheap and of poor quality.
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