The Commodities Slump
Commodity prices have dropped 12% in three months. Bad news for producers, but is it good for the global economy as a whole? Also, tasting the world's most expensive tea.
Commodity prices have dropped 12% in the last three months alone, hitting a five year low. That is bad news for countries that dig up the metals, drill the oil, or grow the food, but according to the IMF it could be good news for the global economy as a whole. We hear from analysts, Matthew Wonnacott of CRU consultants, Martin Deboo from Jefferies International investment bank, and Brenda Kelly from IG Index. Also, we have a report from Darjeeling in the hills of west Bengal in India, where our reporter Rahul Tandon tastes Makaibari Silver Tips Imperial, the world's most expensive tea.
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- Tue 4 Nov 2014 08:32GMT大象传媒 World Service Online
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