Gloomy economic forecast for Asia
Updated
Record oil prices, collapsing consumer sentiment, the credit crunch; could it all spell doom for the world economy? In its latest report, a leading economic agency - the Bank for International Settlements - warns the world economy may be at a tipping point and facing a bleak future. In Asia, most commentators believe inflation is the biggest threat while an atmosphere of uncertainty is affecting stock markets.
Presenter: Karon Snowdon
Speakers: Graham Maxton, chief cconomist with the Insight Bureau; Seiji Shiraichi, chief economist, HSBC Tokyo
