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Episode details

World Service,29 May 2018,26 mins

Italy Political Crisis Hits Markets

World Business Report

Available for over a year

European financial markets have been hit by political upheaval in Italy. Enrico Colombatto is Professor of Economics at the University of Turin, and tells us what is likely to happen in Italy next. And our regular economic commentator Roger Bootle of Capital Economics considers the impact of the country's challenges on the wider Eurozone. Also in the programme, sandwich chain Pret a Manger is being sold by private equity firm Bridgepoint to German conglomerate JAB Holdings. Arash Massoudi of the Financial Times explains the appeal for the new owners. Meanwhile, Starbucks is closing more than 8,000 stores across the US today for a four hour anti-bias training session. Heather McGhee is president of Demos, which is delivering the course, and describes the message it is trying to convey. Plus, South Korean boy band BTS have become the first K-pop artist to reach number one on the US album charts. Bernie Cho is president of Korean music export agency DFSB and tells us what is behind the band's success. (Picture: An Italian flag. Picture credit: Getty Images.)

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