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	Podcast:		World Business Report
	Episode:		Turkey Hikes Rates to Bolster Lira
	Category:		Business
	Duration:		00:26:27
	Publish Date:		2018-09-13 10:45:00
	Description:		Turkey's central bank has defied President Erdogan's wishes and hiked interest rates. Phoenix Kalen is emerging market economist at the French investment bank Societe Generale, and tells us how much of a surprise the move was to markets around the world. Also in the programme, in the week that marks the tenth anniversary of the collapse of the Wall Street investment bank Lehman Brothers, we hear how the aftermath of that event affected salaries for workers in the UK. And the British prime minister at the time of the financial crisis, Gordon Brown, warns that the world may not be well-prepared for the next one. Shares in the Chinese hotpot restaurant chain Xiabu Xiabu have plummeted after a pregnant woman found a boiled rat in her broth at a branch in eastern China. Emily Feng is China correspondent for the Financial Times and brings us the story. Plus we hear about coffee shops that are taking a stand against customers who spend the whole day camped out inside, after buying just one cup of coffee.
	Total Play:		1