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Business Matters: Greece's Debt Talks Fail Again

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Game Over For Greece if No Deal is Reached By Saturday

26/06/2015

Greece's Debt Talks Fail Again

BBC World Service - Business Matters, Greece's Debt Talks Fail Again

The Troika schedule a showdown on Saturday, and Donald Trump lands in hot water

Greece talks stall again and the final push is scheduled for Saturday. Plus, a major TV channel ditches Donald Trump after remarks about Mexicans.

Greece, its creditors and those following the financial woes of the beleaguered country, have been afforded some breathing space - until Saturday, that is. Talks have once again reached a dead end and with only days to go until an official default is announced, the final push has been scheduled for the weekend. Failure to reach an agreement now means it's all over – we hear the latest from our reporter Sarah Stolarz in Athens. 

Last week, Donald Trump announced he was running for the office of US President. This week, part of that announcement came back to bite him. A leading Spanish-language TV station is refusing to air the Trump-owned Miss USA beauty pageant and has cut all business ties with him after he made offensive comments about Mexicans in his declaration speech. We speak to Roberto Lovato, a journalist and advocate for Latinos in the US.

The Affordable Care Act, widely known as Obamacare, returned victorious after another visit to the Supreme Court. The President says this means that it is "here to stay". But how far has President Obama achieved what he set out to seven years ago?

And does a career in showbiz make you a business whiz? We speak to John Lodge, bass player in the Moody Blues, about his lucrative sideline in fine wines.

WE are joined by two guests on opposite sides of the Pacific - Alex Frangos, Asia editor, of the Wall Street Journal's Heard on the Street column, and Alexis Goldstein, communications director at The Other 98% - an off-shoot of Occupy Wall Street, in Washington.

(Photo: Greek Prime Minister Alexis Tsipras. Credit: AP)

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