Bubble Trouble?
Michael Robinson investigates the skyrocketing prices of the world's basic goods.
Across the world the cost of basic commodities is soaring. Endless demand from China is blamed for the record price of copper; flood, fire and drought for boosting the cost of food; and political tension in the Middle East for the sharply-rising price of oil. But are such fundamental forces the whole story?
Michael Robinson asks whether investors and speculators are making prices more volatile and examines the role of the giant traders, banks and companies which now increasingly dominate the world's commodity markets.
Episode One
Michael explains some of the surprising effects high commodity prices are having on the ground - a surge of copper theft from railways in the UK, a boom in farm prices in America, and confusion in Europe from a major chocolatier about the price of cocoa - all points to the role of new, speculative money disrupting long-established patterns in the market.
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Broadcasts
- Tue 24 May 2011 08:05GMT成人快手 World Service Online
- Tue 24 May 2011 12:05GMT成人快手 World Service Online
- Tue 24 May 2011 15:05GMT成人快手 World Service Online
- Tue 24 May 2011 19:05GMT成人快手 World Service Online
- Wed 25 May 2011 01:05GMT成人快手 World Service Online
- Sat 28 May 2011 22:05GMT成人快手 World Service Online