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Oil Prices Hit Twelve-Year Low

Oil drops below $30 a barrel for the first time since 2004. Where can it go from here? We speak to Pulitzer prize-winning author and economist Dan Yergin.

Oil drops below $30 a barrel for the first time since 2004, when George W. Bush was in the White House and before China became one of the big players on the global stage. Where can it go from here? We speak to Pulitzer prize-winning author and economist Dan Yergin.

The all-American automobile manufacturer Buick has unveiled a new concept car at the North American International Auto Show in Detroit. However the Envision, as the vehicle is called, is to be built in China - something that doesn't sit well with those who believe Detroit and the USA is the home of Buick and its parent company, General Motors. The BBC's Michelle Fleury reports from Motor City.

Al-Jazeera America has announced it is 'winding down' and will cease to broadcast from April. The Qatari-funded station went live in August 2013 and promised a contrast to the mainstream American news channels, but struggled to find viewers. We hear from Jeff Jarvis, journalism professor at the City University of New York.

Rahul Tandon is live in Kolkata with the latest news from Asia, and in Peru the government is using vultures to detect illegal dumping grounds.

We are joined by guests Francesco Guerrera of Politico in London and Tony Nash, chief economist at Complete Intelligence in Singapore.

(Photo: A Wall Street trader looks sad Credit: Getty Images)

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50 minutes

Broadcast

  • Thu 14 Jan 201601:06GMT

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