Original version

BBC World Service Online

World Business Report

Factual: Money

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

The latest business and finance news from around the world, on the BBC.

World Business Report: Blatter Voted FIFA President Again

Blatter Voted FIFA President Again

29/05/2015

BBC World Service - World Business Report, Blatter Voted FIFA President Again

Football's world governing body FIFA has re-elected Sepp Blatter as its president. His only challenger, Prince Ali bin al-Hussein, withdrew when it emerged Blatter was only 7 votes short of the two thirds majority required to win after the first round of voting. Kara Scannell, Investigations Correspondent for the Financial Times, followed a day of voting from New York, at the end of a week in which the US Department of Justice accused several soccer executives of graft.

Friday was a day for some big quarterly GDP figures. Some were up. India's economy grew by 7.3 per cent during 2014-15 - the first financial year of the Narendra Modi government. Some were down. Brazil, not by much, just 0.2 percent in its first-quarter report -  But the United States too recording a Q1 drop of 0.7 percent. I asked Chris Low of FTN Financial in New York about the factors behind the numbers. The BBC's Daniel Gallas also explains whether Brazil is in recession or not.

The luxury home of the late pop star Michael Jackson is for sale, but is Neverland worth $100 million? Matt Blank from the Michael Jackson World Network fan club, tells us it is a sad day for the musician's fans.

Accessibility links

Programme Index

World Business Report

Blatter Voted FIFA President Again

Genres

Brand

BBC World Service Online

About BBC World Service