
The cost of the 9/11 decade
What are the economic implications of the 9/11 attacks and the battle against terrorism?
Counting the Cost
takes a special look this week at the financial cost of the post-9/11 decade. Did the US decision to go to war come at the expense of jobs at home?
The sharp shock to the markets after the attacks on the World Trade Center in New York, when Wall Street was actually closed, are easily remembered. But it is the economic picture in the 10 years following the attacks which has changed significantly as a result.
Was the Iraq invasion, 17 months after the Afghanistan invasion, financially justifiable? Was the full cost of the war forecasted? Did the US government know how much money the Iraq war would require?
Turning to Libya, this episode looks at uncovered documents which implicate China in an arms deal during Muammar Gaddafi’s last months in power, claims Beijing denies.
We also look at Germany to see how the country’s top court has given the parliament a greater say over Eurozone bailouts. Will this hamper Berlin’s ability to act swiftly to counter the debt crisis?
Counting the Cost can be seen each week at the following times GMT: Friday: 2230; Saturday: 0930; Sunday: 0330; Monday: 1630. Click here for more on Counting the Cost. |