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Episode details

World Service,19 Jul 2012,20 mins

Is Italy bust?

Business Daily

Available for over a year

The euro is back on our radar, as we look at the biggest potential casualty of them all - Italy - which this week saw its banks' credit ratings cut yet again, and the Prime Minister Mario Monti declaring Sicily effectively bankrupt. Thoughts from Eric Jones, Director of the Bologna Institute for Policy Research of Johns Hopkins University, and the Director of Oxford Analytica. Also, is it time to buy bamboo? Evidence perhaps that this traditional "jungle weed" might just prove economic wonder-crop. We have a special report from Nicaragua. And our regular Ghanaian commentator, Bright Simons, asks whether Africa's recent minerals' boom is all it's cracked up to be.

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