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Business Matters: Is the Japanese spending spree working?

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20/06/2013

Is the Japanese spending spree working?

BBC World Service - Business Matters, Is the Japanese spending spree working?

Japan's leader is convinced that a spending spree will lift his country out of stagnation

As the Federal Reserve's Ben Bernake announces the US will continue quantitative easing we look to Japan where Shinzo Abe is on a spending spree. He justified his 'Abenomics' plan in a speech in London today. Also in the programme we look at Dolce&Gabbana who have each been given a suspended jail sentence for tax fraud. Plus, our Australia correspondent reports from the country's Northern Territories - where the economy is booming. Our special guest is Brian Chesky the CEO of AirBnB.

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