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Business Matters: New Orleans - 10 Years After Katrina

New Orleans - 10 Years After Katrina

29/08/2015 GMT

BBC World Service - Business Matters, New Orleans - 10 Years After Katrina

Hurricane Katrina broke land over New Orleans 10 years ago. We examine the recovery.

Hurricane Katrina broke land over New Orleans 10 years ago. We examine the recovery. Plus, Brazil is now officially in recession - so what went wrong?

It's ten years to the day since Hurricane Katrina broke land over the city of New Orleans. Nearly 2000 people died and a million were forced out of their homes. But despite all that, the city has risen from the floodwaters with the help of local businesses. Tourism is a big draw for the city - we hear from Mark Romig, President and CEO of the New Orleans Tourism Marketing Corporation. Brazil is now officially in recession. The economy shrank by 1.9% between April and June, on top of a slight fall in the first three months of this year. We ask Marcos Casarin from Oxford Economics what went wrong? We reflect on a wild week of trading for global financial markets with our guest for this hour, Robert Milliken, Australia correspondent for The Economist in Sydney. Kai Ryssdal from our partners at Marketplace radio in the US brings us the story of joke theft on social media... but it's no laughing matter. And one of the most unusual properties in the UK is up for sale - some say it's the country's only desert. (Photo: A woman walks on top of a levee by the Mississippi River. Credit: Getty Images)

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