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Episode details

World Service,30 Jun 2022,49 mins

More cryptocurrency firms in danger

Big Boss Interview

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As markets tumble, users are left unable to withdraw from some exchanges, and a leading hedge fund prepares to enter liquidation. Is crypto in terminal decline? Scott Chipolina, correspondent for the Financial Times, says investors are well used to challenging conditions. Sri Lanka is among the countries to be worst hit by inflation, and living standards are falling. Joseph Stalin of the Ceylon Teachers' Union, and Steve Hanke from Johns Hopkins University, tell us why a solution may be some way off. It's a host's worst nightmare: an out-of-control party in your Airbnb. As the platform cracks down on gatherings, we hear the story of a rental gone wrong in the Bahamas. Also on the programme, a boss at H&M explains why leaving Russia was a tough decision; and it's happy 15th birthday to Apple's iPhone. We're joined throughout Business Matters by financial consultant Jessica Khine in Malaysia, and economist Tony Nash in Texas. (Picture: a crypto trader checks his wins and losses. Credit: Getty Images)

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