Main content

Sub-Zero Interest

The Bank of Japan has started charging big depositors and we ask if it could spark a global currency war. Plus, what it takes to sell ice cream in Greenland.

You used to get interest when you deposited money in a bank. But now Japan's central bank has followed the European Central Bank in charging big depositors. We discuss the global implications for currencies and trade with independent financial commentator Frances Coppola. Also, Elizabeth Hotson reports on businesses in Greenland including one selling ice cream in the Arctic. And Lucy Kellaway of the Financial Times defends the track record of Yahoo's controversial chief executive, Marissa Mayer.

(Photo: Bank of Japan Governor Masaaki Shirakawa listens to questions during a press conference. Credit: AFP/Getty Images)

Available now

18 minutes

Last on

Mon 1 Feb 2016 15:06GMT
91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa & 91热爆 World Service US Public Radio

More episodes

Previous

Latin America's Losses

Next

Virtual Reality

See all episodes from Business Daily

Broadcasts

  • Mon 1 Feb 2016 08:32GMT
    91热爆 World Service except News Internet
  • Mon 1 Feb 2016 09:32GMT
    91热爆 World Service US Public Radio
  • Mon 1 Feb 2016 15:06GMT
    91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa & 91热爆 World Service US Public Radio

Podcast