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BizDaily: Deflation: Fear and Financial Markets

January 8th, 2015

Episode 122 of 642 episodes

Deflation, fear and financial markets: in the bond market, investors are effectively paying the German government to hold their money for them. Mike Amey, managing director at Pimco, one of the world's largest bond investors, tells us what that says about where the world economy is heading. Also, Calcultta is often described as the Indian city left behind by the country's modernising economy. The BBC's Rahul Tandon reports on what the state government there is doing about it. And the serious business of sport in Australia: what a summer of big sporting events can do for the economy there.