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Business Matters: Low Rates and Cheap Money

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03/05/2013

Low Rates and Cheap Money

BBC World Service - Business Matters, Low Rates and Cheap Money

Eurozone interest rates fall to a new low, but will it prompt a recovery?

Will a lower interest rate help to stimulate Europe's economies? Balancing the books of Manchester United. And the ghost cities of China.

Will a lower interest rate help to stimulate the European economies that remain stubbornly in recession? We go to one of the main commercial thoroughfares in Spain, to find out how hard life is for businesses there. How Manchester United is racking up commercial deals.  And why vast swathes of some Chinese cities lack only one thing: people.
 
We speak to Gillem Tulloch of Forensic Asia in Hong Kong and Toronto-based business analyst Ralph Silva.

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