Now on bbc news, its hardtalk with sarah montague. Welcome to hardtalk. Im sarah montague. My guest today has a reputation for telling uncomfortable economic truths. He famously predicted the Global Financial crisis of 2008. Now Raghuram Rajan says capitalism is under threat and if World Leaders want to save liberal democracies from a surge in populism they need to give more power to local communities and take it away from big governments and big businesses. When he left his job as governor of Indias Central Bank is that it was better to be a doer than an advisor. Now the superstar central banker is being talked of as one of the front runners to governor of the bank of england. Would he rather do thatjob than advise in another . Raghuram rajan, welcome to hardtalk. Thanks for having me. That quote from you better to be a doer than an advisor what is it that you want to do . What i wanted to do that time was really turn around peoples view of india. I thought there was a lot of potentia
A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And you can be part of the conversation. Tell us what you think about the stories we are covering, or what you are spotting where you are. Just use the hashtag bbcthebriefing. Anti government protesters in hong kong have been attacked by unidentified men wearing white t shirts and wielding batons. Social media from the region has been inundated by footage of groups of men charging at crowds in one of the citys railway stations. At least 30 people are believed to have been injured. The attacks allegedly took place as crowds were on their way home from the latest protest rally in the city. Joining me now is the bbcs celia hatton, who is in beijing. What are people saying where you are about this latest development . Well, inside mainland china, those groups of men, as you said, who were dressed in white who attacked Anti Government protests, many people are applauding them inside mai
Oil prices are rising again after tensions in the gulf have escalated. Iran seized a british tanker in the straits of hormuz on friday, and libyas largest oilfield declared force majeure after interference by an Unidentified Group shut down production. 21 of all the worlds traded oil passes through the straits of hormuz. It is a Critical Energy chokepoint. This morning, theresa may will chair the uk governments Emergency Committee cobra to discuss the next steps and security of shipping in the persian gulf. Irans Oil Exports Fell to less than 300,000 barrels a day last month, according to reuters. That is a big drop from the 2. 5 Million Barrels per day in april last year, which is just before President Trump started reimposing sanctions as he pulled out of the nuclear deal. It removed about 2 of global supplies from the market. The benchmark brent crude has struggled to hold on the gains it made earlier this year, despite the 0pec Producers Group extending its production cuts. It peak
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