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Episode details

World Service,13 Mar 2012,18 mins

The next credit crisis?

Business Daily

Available for over a year

With hundreds of eurozone banks on life support, will there be another credit crisis? According to Carsten Brzeski, senior economist at ING Belgium, the European Central Bank is crossing its fingers that the cheap loans it provides for banks will save the day. And Lesley Curwen talks to Janet Ecker, President of the Toronto Financial Services Alliance, about the lessons for the rest of the world from Canada's strict banking regulations. Canada escaped almost unscathed from the banking crisis of 2008. Plus, could there be a new dawn for business in Burma? BBC correspondent Rachel Harvey describes the ambitions of two Burmese businesswomen, and the hurdles they still face.

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