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Business Matters: JP Morgan boss "almost embarrassed to be American"

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JP Morgan boss "almost embarassed to be American"

15/07/2017 GMT

JP Morgan boss "almost embarrassed to be American"

BBC World Service - Business Matters, JP Morgan boss "almost embarrassed to be American"

Jamie Dimon's comments come as bank reports record breaking profits.

JP Morgan Chase has reported a 13% rise in second quarter profits to $7bn, but the bank's boss Jamie Dimon expressed his frustration over what he sees as the country's political inability to invest in infrastructure and overhaul the tax code. Emily Glazer from the Wall Street Journal analyses Mr Dimon's outburst.
How would you manage without the internet? Three weeks ago a ship's anchor severed the fibre-optic cable off the Somali capital Mogadishu and since then the country has been a data desert. Ahmad Farah, a Somali travel agent based in Nairobi, explains how his business has been affected.
Australia is a nation that prides itself on its cricket, but the sport is in crisis. The authorities are trying to change the finance structure of the game. Steve Georgakis, senior sports lecturer at the University of Sydney, tells us why many of the players are unhappy.
(PHOTO CREDIT: AFP/GETTY IMAGES)

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