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Business Matters: Recession fears and rate hikes around the globe

Recession fears and rate hikes around the globe

04/11/2022 GMT

BBC World Service - Business Matters, Recession fears and rate hikes around the globe

The real impact of inflation on small businesses across the US.

The Fed hikes US interest rates to fresh 14-year high, tech companies start to cut spending and pause hiring.

Tech groups started to cut jobs and pause hiring to cope with rising costs and interest rates. Walter Todd, president and chief investment officer Greenwood Capital from the US, explained why it is happening.
 
Also in the programme, Jessica Khine, Business Development Consultant from Malaysia travelled explained how the Japanese tourism industry is working in its first month open to tourists since before the pandemic.

Katie Silver, our Business Correspondent in Singapore, told us how German Chancellor Olaf Scholz was welcomed in Beijing.
  
We also discussed how streaming services releasing movies cope with different license rules in Europe in comparison with the US. 

(Picture: Senior couple sitting at the kitchen table looking at digital tablet and recalculating their expenses. Credit: Getty Images)

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