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China cuts interest rates to boost economy

China’s Central Bank has confirmed it will cut its key lending rate for the first time in 20 months, amid continued supply-chain shortages and concerns surrounding global demand. We take a look at how markets are reacting. And energy prices are soaring in Europe, as temperatures continue to drop. We’ll discuss the latest on the fate of the Nord Stream 2 pipeline, and whether it could face new sanctions from the US. Plus, the United Kingdom has inked a post-Brexit trade deal with Australia as it looks to build stronger ties with the nation – we’ll bring you the latest.

China cuts interest rates to boost economy
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.