Martinique grapples with major cost of living crisis

BUSINESS © FRANCE 24

People in Martinique are protesting the cost of living. That's because food products on the island cost up to 42 percent more than in mainland France. Sri Lankans are gearing up for a presidential election – and this year, the economy will be at the top of voters' minds. The Bank of England decided to hold its key rate steady at 5 percent, a day after the US Federal Reserve kicked off its own rate cuts with a half percentage point reduction.