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Up All Night: 14/01/2012

14/01/2012

BBC Radio 5 Live - Up All Night, 14/01/2012

France and Austria lose their AAA rating and Burma gets a US ambassador again.

Credit ratings agency Standard and Poor's downgrade nine eurozone countries, and a cruise ship tragedy off the coast of Tuscany.

Dotun Adebayo with news from around the world.
 
Up All Night is in France, Germany and China to get reaction to the news that the eurozone's major economies - except Germany - have had their credit ratings downgraded by Standard and Poor's.
We look at exactly what a credit agency is, what it does and why their ratings have such a big effect. 

In Italy there have been a number of deaths after a cruise ship ran aground off the coast of Tuscany. 

After Burma released hundreds of political prisoners, the last American ambassador to the country tells Dotun why the announcement another will be appointed is so good for both countries.

Plus, the transfer window is open is on the agenda for our World Football phone-in.

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Up All Night

14/01/2012

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