Argentina Raises Interest Rates to 40%
Argentina's central bank has raised interest rates for the third time in eight days.
Argentina's central bank has raised interest rates for the third time in eight days. Carolina Millan is Argentina markets reporter for Bloomberg, and explains the background to the dramatic moves. Also in the programme, the Chinese e-commerce giant Alibaba has announced a big jump in annual profits. The firm's European general manager, Terry von Bibra, tells us about Alibaba's plans. Customer satisfaction measurement terminals are popping up in many locations around the world. Ville Levaniemi is co-founder of Finnish firm HappyOrNot which is behind the devices, and tells us why they are catching on. We have a report from Spokane, Washington, about a musical system aimed at helping teach the Native American language Salish. Plus we look back at the rest of the week's big business news, with Sujeet Indap of the Financial Times, and Benedikt Kammel of Bloomberg.
(Picture: A Buenos Aires bureau de change. Picture credit: Getty Images.)
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- Fri 4 May 2018 14:32GMT大象传媒 World Service except Australasia & News Internet