Turkey Faces Huge Interest Rate Rise
Turkey's central bank raises key interest rate to 12% in the hope of attracting investors. Also, the Thai capital, Bangkok, braces itself for more trouble.
Turkey's central bank raises key interest rate to 12% in the hope of attracting investors and supporting the flagging lira. The bank's monetary policy committee held an emergency meeting after the lira hit records lows against the euro and the dollar.
Also on the programme, the Thai capital, Bangkok, is bracing itself for more trouble as the government presses ahead with election plans and threatens protest leaders with arrest. The protesters have vowed to close down the government ministry charged with enforcing the state of emergency.
And, as Queen Elizabeth's finances hit a historic low, we ask: what's the future for Britain's Royal family?
The Motley Fool's David Kuo joins us from Singapore, and in New York, Andrew Ross, author of Creditocracy, tells us what he thinks Obama should have put in his sixth State of the Union address, Rahul Tandon's in Calcutta, bringing us the latest business news from India.