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Episode details

World Service,23 Aug 2013,55 mins

Why Did the Nasdaq Crash?

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The Nasdaq exchange has resumed trading, after an earlier suspension for a "technical issue". Trading had been halted for around three hours, with the US exchange citing a problem distributing stock price quotes. We look at the problems with electronic trading. Yesterday disgraced politician Bo Xilai came out fighting against bribery charges on the opening day of China's biggest political trial in decades. We ask what what's in store on day two. The company which owns Jack Daniel's whiskey has announced a huge expansion in Tennessee. So who's drinking all the bourbon? Our special guests on the programme are Bas Van Abel the designer behind the Fairphone project and the economic analyst Ralph Silva who's in Toronto.

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