producer of them both. from next month, exporting these metals will require a licence, as michelle fleury explains. welcome to world business report, i m ben thompson. us treasury secretary janet yellen is headed to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interests. ch
the move also comes as janet yellen met with the chinese ambassador ahead of her visit to china this week. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was imposing export controls on two rare metals essential for making semiconductors. this is seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question will be subject to export control starting august one. in a statement, the chinese ministry of commerce said it was to protect national security interest. china is the largest producer of gallium and german
global ngo recorded the loss of health workers between 2016 and 2021 following imf advice to cut spending in the health sector in several african countries. in ghana over 311,000 nurses were retrenched. in liberia, over5000 nurses were retrenched. in liberia, over 5000 nurses were sent home and in zimbabwe the figure was 110,600. in zambia over 15,000 nurses lost their jobs. actionaid says the cut represents a 15% loss in the number of nurses for each country. so can developing countries solely rely on bailouts from the imf and other financial institutions to address economic challenges? there is no substitute. you can run to the there is no substitute. you can run to the imf there is no substitute. you can run to the imf or there is no substitute. you can run to the imf or the there is no substitute. you can run to the imf or the world - run to the imf or the world bank you will still have to come home to raise your revenue
imf advice to cut spending and the health sector in several african countries. in ghana over 311,000 nurses were entrenched, and liberia 5700 nurses were sent home. and subway, the figure was 110,600. in zambia over 15,000 nurses lost theirjobs, actionaid say the cuts represented are a 15% loss in the number of nurses for each country. so, in developing countries sorely rely on bailouts from the imf and other financial institutions to address economic challenges? there is no substitute economic challenges? there is no substitute for economic challenges? there is no substitute for domestic i no substitute for domestic mobilisation, you can run to the imf and the world you will still have to account for to raise your revenue domestically to service your debts. he raise your revenue domestically to service your debts. to service your debts. he adds developing to service your debts. he adds developing countries - to service your debts. he adds developing countries have i to service