Available online
Description
"Financial speculators have been blamed for inflicting recession on the rich world and starvation on poorer countries. They have been accused of buying up contracts for vital commodities - not... to use, but to hold in the hope of price rises. They've been blamed for helping to push oil up to a record $147 per barrel in July 2008 and for unprecedented prices of vital foodstuffs. But the speculators, who prefer to be called investors, claim that the accusations are bogus and that they're the targets of a misinformed witch-hunt."
"Financial speculators have been blamed for inflicting recession on the rich world and starvation on poorer countries. They have been accused of buying up contracts for vital commodities - not... to use, but to hold in the hope of price rises. They've been blamed for helping to push oil up to a record $147 per barrel in July 2008 and for unprecedented prices of vital foodstuffs. But the speculators, who prefer to be called investors, claim that the accusations are bogus and that they're the targets of a misinformed witch-hunt."
| Series: | The Money Programme |
|---|---|
| First transmission date: | 29-01-2009 |
| Published: | 2009 |
| Rights Statement: | |
| Restrictions on use: | |
| Duration: | 00:28:52 |
| + Show more... | |
| Publisher: | BBC Open University |
| Link to related site: | BBC website: http://news.bbc.co.uk/1/hi/business/7853848.stm Money Programme website: http://open2.net/money/index.html |
| Subject terms: | Investments--Moral and ethical aspects |
| Production number: | FKAB108D |
| Videofinder number: | 8013 |
| Available to public: | no |
