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Episode details

World Service,23 Nov 2010,18 mins

The Kilkenomics festival

Business Daily

Available for over a year

As pressure grows on Ireland to accept a European bailout, the BBC's Nessa Tierney reports from the Kilkenomics festival of comedy and economics in Kilkenny. As one joke goes, the festival has its own ratings agency; it has amalgamated Standard and Poor's with Moody's, to create the very Irish 'Moody and Poor.' Plus, are European austerity measures working, or are people's sacrifices wasted? Lesley Curwen asks Yanis Varoufakis, Economics Professor at the University of Athens. And the BBC's Jennifer Pak reports from Kuala Lumpur on the pioneering social networking site, Friendster, which has been bought by a Malaysian company.

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