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Argentina Raises Rates As Peso Plummets

Global business news, with live guests and contributions from Asia and the USA.

The value of Argentina's peso continued to fall on Thursday, plunging by more than 13% despite the raising of a key interest rate to 60%. Argentinian economist Alejandro Tamola gives us his advice for President Macri. The Tata Nano was marketed at the world's cheapest car. But almost 10 years after its launch, production of it has stopped . In June this year only 3 cars were sold in India . So where did it all go wrong? Rahul Tandon reports from Kolkata. Some states in the US have recently begun to end the practice of setting bail on an amount of money. California is doing just that and Tani Cantil-Sakauye, Chief Justice of California, explains why.

All this and more discussed with our two guests throughout the show: Journalist and author Diane Brady in New York and writer and former senior editor at Hindustan Times Madhavan Narayanan, who joins us from Delhi.

Photo: a wad of Pesos. Credit: AFP.)

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53 minutes

Last on

Fri 31 Aug 2018 00:06GMT

Broadcast

  • Fri 31 Aug 2018 00:06GMT

Podcast