BBC World Service: Running a Sovereign Wealth Fund – Interview with LIA Chairman AbdulMagid Breish
Full audio interview available here.
As the United Nations announces another round of talks to try to end the conflict in Libya, we talk to one of the two men claiming to be the rightful head of the country’s sovereign wealth fund – Abdul MagidBreish. The disputed leadership of the Libyan Investment Authority (LIA) is symptomatic of a country split for almost a year with two rival governments – one in the capital, Tripoli, and the other in the eastern city of Tobruk. So what happens to the country’s institutions? Who do they answer to? What can the LIA do with its investments?
We have a special report from Mozambique’s, one of Africa’s most vibrant and fastest-growing economies. But can it answer lingering questions over corruption?
And as civil war rages in Syria, most institutions there have crumbled. But not, it seems, the banks. Rashad Al-Kattan, a fellow at St Andrews University in Scotland, has just published a study of the country’s financial sector and has found, despite everything, the banks are surviving.
Plus, Jon Stewart signs off from The Daily Show – we ask just how influential he has become, and whether that’s healthy. And as Australia’s cricketers are humiliated by England in the Ashes series, we ask the best way to recover from the biggest setbacks.