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Sub-Zero Interest

February 1st, 2016

Episode 449 of 643 episodes

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)