Global Hit - AC/DC

The World
The World
It's been another tough day on the stock market. The U.S. government will start doling out $125 billion to nine major banks this week to get credit flowing again. But today's announcement offered cold comfort to investors as rising anxiety about a worldwide recession drove stocks down sharply around the globe. Today in Britain, the pound dropped against the dollar to its lowest point in 5 years. And last night came final and irrevocable proof that the country is entering tough economic times. AC/DC have returned to the top of the album charts. Alexis Petridis is a reporter for London's Guardian newspaper. He explains why the Australian rock band's success is a sign of a recession.
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