What’s behind the EU’s financial aid offer to Tunisia?
Video duration 26 minutes 00 seconds
The European Union is offering poor Tunisia more than $1 billion in financial aid to boost the country’s battered economy.
Tunisia is short on cash and the economy is on the verge of collapse.
Basic goods have been scarce for months. And many Tunisians are struggling with the rising cost of living.
The European Union is concerned that if the country’s economic crisis worsens, more migrants will cross the Mediterranean to seek a better life in Europe. It has offered financial aid to the nation, but what is the bloc asking in return?
Elsewhere, the United Kingdom says it has reached a “first-of-its-kind” economic partnership with the United States.
In addition, youth unemployment in China is at a record high.