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World Business Report

BBC World Service

Business, Business News, News & Politics

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Business News 43

The latest business and finance news from around the world from the BBC

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Brazil Enters Recession

August 28th, 2015

Episode 474 of 895 episodes

Brazil in now officially in recession. The economy shrank by 1.9% between April and June, on top of the the slight fall in the first three months of this year. We talk to Daniel Gallas, our South America business correspondent, about the series of setbacks that have hit this former star economy. It's ten years tomorrow when Hurricane Katrina hit New Orleans. We'll talk the owner of a restaurant business there who's optimistic about the future. And one of the most unusual properties in the UK is up for sale - some say it's the country's only desert. (Picture Credit: AP Photo/John Maier Jr)

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