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Business Matters: Why has the Nasdaq had its worst day in years?

Why has the Nasdaq had its worst day in years?

06/05/2022 GMT

BBC World Service - Business Matters, Why has the Nasdaq had its worst day in years?

Global markets fall after the UK and US increase interest rates

There are warnings inflation will continue to soar around the world, despite the US and UK increasing interest rates. Stock markets have reacted by falling - the Nasdaq has had its worst day for two years. The Philippines are gearing up for hotly contested elections this weekend - we get analysis from our correspondent in the Philippines, Karishma Vaswami. A special report from Sam Fenwick examines how the war in Ukraine has impacted tourism all around the globe.

Rahul Tandon is joined throughout by Jyoti Malhotra, senior consulting editor at the Print in Delhi and Paddy Hirsch,  Editor at large at Planet Money in Los Angeles.

(Picture: New York Stock Exchange, Wall Street. Credit: Matteo Colombo; Getty Images)

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