Exploring the global reaction to Obama’s housing bill

The World

President Obama’s plan to stave off foreclosures is reverberating in markets around the world, where the subprime mortgage crisis has left global financial systems reeling. For the global reaction we talk with the Financial Times’ Michael Hunter in London and the BBC’s Asia Business correspondent Juliana Liu in Singapore.

Are you with The World?

The story you just read is available to read for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, the reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.

When you make a gift of $10 or more a month, we’ll invite you to a virtual behind-the-scenes tour of our newsroom to thank you for being with The World.