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The new Greek Prime Minister insists Greece will pay back all of its debt. The Greek Chamber of Commerce tells us that the new finance minister is more of a 'theorist'.

Nigeria's Minister of Aviation, Osita Chidoka, insists that falling oil prices will not be detrimental to the country's economy, and that Nigeria's initiatives to focus on better agricultural output will save the day.

Facebook declares another set of good financial results. Tech expert Ben Parr from CNET tells us that even though young people are slowly deserting the site, the alternatives they choose... are also owned by Facebook.

Guests today are Vandana Hari of Platts in Singapore, and Professor Peter Morici, an economist from the University of Maryland, who joins us from Washington. Presented by Fergus Nicoll.