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Episode details

World Service,10 Jul 2014,28 mins

Portugal's banking crisis sparks fears for Europe's recovery

World Business Report

Available for over a year

Could Europe be plunged back into another financial crisis? Shares in European banks sank today amid worries over the health of Portugal's largest financial group, Banco Espirito Santo. As stocks tanked in Lisbon investors took fright that Portugal's problems could plunge the Eurozone back into crisis. We will hear from Portugal and There is a mix of anger and disappointment at the new Indian government's first spending plans for the country. We get analysis from New Delhi on the budget unveiled by the government of prime minister, Narendra Modi, from the Indian environmental activist, author and philosopher, Vandana Shiva. Plus we hear about a new development related to Google - mind reading. Perhaps it soulds like science fiction, but a new technology for Google Glass, the technology giant's wearable computer, is taking us a step closer to the real thing.

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