BBC to launch prog on Lehman Brothers failure, global crisis

Written by Agencies | New Delhi | Updated: Aug 28 2009, 00:20am hrs
Looking to present different facets of the global economic turmoil and its consequences in the wake of the Lehman Brothers failure, BBC will launch a programme series Aftershock next month.

Marking the first anniversary of then US financial services major Lehman Brothers collapse on September 15, the programme would be investigating the impact of global recession since that seismic day.

The initiative is an attempt to look back and see what has changed in the global economy since the bankruptcy of Lehman Brothers.

(Also the programme) would provide a picture of the global economic order and how it would go forward, Nazes Afroz who is the Executive Editor (South Asia Region) of BBC World Service, said.

BBCs global news services -- BBC World Service, BBC World News and BBC.com -- would be launching Aftershock. The programme would start on BBC World News, the entitys 24-hour news channel, on September 7.

Afroz said that the programme which would reach audience in 33 languages including Hindi and Urdu, would have local perspectives to the global economic situation.

BBC World News would broadcast a series of live reports from Singapore, Mumbai, New York and London on September 15.

Last year on September 15, Lehman Brothers filed for bankruptcy protection, a turning point in one of the worst financial crisis since the 1930s Great Depression.