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Episode details

World Service,05 May 2022,26 mins

Fears for a global recession grow

World Business Report

Available for over a year

There are warnings inflation will continue to soar around the world, despite the US and UK increasing interest rates. Stock markets have reacted by falling - the Nasdaq has had its worst day for two years. We look at Turkey, where annual inflation is at a 20 year high. The BBC's Victoria Craig explains how Turkey's unconventional monetary policy is impacting regular consumers. A former Twitter shareholder, Jonathan Boyar, the Managing Director of the Boyar Value Group, gives us his views on Elon Musk's recruitment of Twitter investors. A special report from Sam Fenwick examines how the war in Ukraine has impacted tourism all around the globe. (Image: Woman buying in bazaar in Alanya, Antalya, Turkey, Credit: Jasmin Merdan/Getty)

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