Business Daily

BBC World Service

News & Politics

The daily drama of money and work from the BBC.


BizDaily: Cyprus and Russia

April 2nd, 2015

Episode 205 of 836 episodes

You might have thought Russians would think twice about Cyprus after losing billions in 2013's bank collapse. But not so, it seems, with closer ties agreed only last month. We get a report from the Mediterranean island. And we hear from a remarkably upbeat David Horgan, the managing director of the small oil producer, Petrel Resources, who reckons the 50% cut in the price of crude actually an exciting business opportunity. Also, the BBC's Phil Mercer gives us the latest from the south Pacific island chain of Vanuatu, which was hit by a devastating cyclone last month.

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