As China suffers its worst blackouts in over a decade, on Business Weekly we ask what’s causing the power shortages and what they mean for the rest of the world. We also hear from Germany, where political wrangling over who will be the next Chancellor continues. The Green Party will play kingmaker - and there are hopes from people in flood-hit areas that environmental policies will take centre stage. Plus, have you ever wondered how valuable influencers can be for a brand? We spend the day in a ...
Oct 02, 2021•50 min•Transcript available on Metacast Do smart cities live up to the hype? Urban centres from New York to South Korea’s Busan are rebranding themselves as ‘smart’. From real-time crime mapping to lower energy use, smart cities promise a shortcut to a better future. But what is a smart city? The BBC’s Technology desk editor Jane Wakefield explains. Meanwhile, brand new metropolises are being planned across Africa, often envisioned as shiny tech hubs. Will they ever get off the ground? And why are global consultancy firms often a key ...
Oct 01, 2021•18 min•Transcript available on Metacast China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beijing is weighing the risk of spreading contagion. The BBC's Stephen McDonnell tells us about the property boom in China while Sara Hsu, a Visiting Scholar at Fudan University, tells us that the sheer size of the company is...
Sep 30, 2021•17 min•Transcript available on Metacast We’re off to an influencer house, a luxurious mansion where social media personalities are temporarily living together to create content on behalf of a plant-based food brand. It’s a new way of advertising with big budgets and big personalities, but is it money well spent? Elizabeth Hotson hangs out by the ridiculously photogenic lily pond with content creators Jessica Hickey and Ella Blake; Ashley Morton and Oli Paterson explain how and why social media content succeeds - or fails - on Tik Tok ...
Sep 29, 2021•17 min•Transcript available on Metacast Regulators are taking a close look at new crypto-trading environments, known collectively as Decentralised Finance, or DeFi. advocates say the technologies underlying DeFi offer an inclusive and democratic approach to finance, while critics say it is a potential hotbed for money laundering, terrorist financing and other criminal activity. The BBC's Ed Butler dives into the world of DeFi, speaking with Laura Shin, crypto journalist and host of the Unchained podcast, to hear about DeFi, and the ki...
Sep 28, 2021•18 min•Transcript available on Metacast The fight to succeed popular German chancellor Angela Merkel could not be tighter. In late July the country’s climate policies shot to the top of the political agenda in the wake of devastating, and deadly, floods across western Germany. The BBC’s Victoria Craig and Stephen Ryan travelled to one of the hardest-hit towns, Bad Neuenahr-Ahrweiler, to see how the locals are trying to recover. Local shop-owner Martina Kleinow says she and many others are still waiting for financial support to rebuild...
Sep 27, 2021•18 min•Transcript available on Metacast In just over a month world leaders will meet for a decisive climate change summit - we’ll ask if politicians are willing to accept the end of exponential economic growth in order to protect the planets resources. We’ll hear why gas prices are spiralling and ask why small energy firms weren’t better prepared to withstand rising prices. As a new high speed train line is planned for Egypt we’ll take a close look at this new infrastructure project and ask if it will help deliver new prosperity to a ...
Sep 25, 2021•49 min•Transcript available on Metacast The country is embroiled in an internal war which has taken a huge humanitarian toll with thousands killed and millions displaced. But that's not the only damage being done to Africa's second most populous nation. The war has incurred a huge economic cost too. As the US threatens further sanctions, Vivienne Nunis asks if Ethiopia can be brought back from the brink. She speaks to Yemane Nagish from the BBC’s Tigrinya service in Nairobi, Will Davison, aformer correspondent based in the country and...
Sep 23, 2021•19 min•Transcript available on Metacast The Food and Drugs Administration has withdrawn nearly a million e-cigarettes from the US market. Does this signal a turning point for the vaping industry? Small manufacturers like Amanda Wheeler, owner of Jvapes in Arizona and president of the American Vapor Manufacturers Association, are concerned about heavier regulation, as she tells Joshua Thorpe. Tim Phillips, managing director of ECigIntelligence, explains the impact of heavier regulation on the wider e-cigarette industry. In the UK, Publ...
Sep 22, 2021•19 min•Transcript available on Metacast Today small energy firms among those struggling to stay afloat as world gas prices spiral. Ed Butler hears from Peter McGirr, who runs Green energy, a UK gas and electricity firm supplying about a quarter of a million households. Higher energy prices could lead to all types of additional business challenges. Sven Holester is the Norwegian President and CEO of Yara, Europe's second largest producer of commercial fertiliser. He says the spike in energy prices has already affected his firm's produc...
Sep 21, 2021•17 min•Transcript available on Metacast The new Lebanese government has been in place for a week, but with the economy still spiraling, Lebanese people lack confidence anything will be done in the short term to relieve the extreme economic crisis. Mohamed El Aassar, Middle East journalist with Fortune Magazine, tells the BBC's Rebecca Kesby how the country’s economy got to be in such a dire state. Reporter Houshig Kaymakamian outlines exactly who makes up the new Lebanese government, and why Lebanese people don’t trust them to enact a...
Sep 20, 2021•17 min•Transcript available on Metacast On Business Weekly, we hear how internal research at Facebook found that social media was harming the mental health of teenage girls. In the UK, the Royal Society of Public Health is calling for social media companies to identify which pictures have been digitally altered. Also, green investing or green washing? We hear from a former Blackrock investment officer who says corporate social responsibility policies are not helping to create a carbon-zero economy. Plus, our correspondent in Kenya goe...
Sep 18, 2021•51 min•Transcript available on Metacast Increasingly scientists are using genetic material from wild plants to make agricultural crops more resilient to climate change. To find out how, Rebecca Kesby heads to the Millennium Seed Bank for the Royal Botanic Gardens Kew, in the south of England. There she meets Dr Chris Cockel, one of their project coordinators. We also hear from Asmund Asdal of the Global Seed Vault, which is located in a mountain on the archipelago of Svalbaard, between mainland Norway and the North Pole. We speak to D...
Sep 17, 2021•17 min•Transcript available on Metacast The physical infrastructure of the United States is crumbling and businesses there are feeling the effects. So why is this bill that aims to restore roads, bridges and communications facing such a treacherous political road ahead? Successive Presidents have tried and failed to get something done about it. Now President Biden is having a go. A farmer in Mississippi tells Will Bain about the impact poor roads have on his business. He also hears from Emily Feenstra from the American Society of Civi...
Sep 16, 2021•19 min•Transcript available on Metacast The founders of German biotechnology company BioNTech were researching how to fight cancers using messenger RNA, "the unloved cousin of DNA", when covid-19 first appeared and they realised mRNA could be used to make a vaccine for the disease. Financial Times journalist Joe Miller has been following the company since just before the pandemic and tells Rebecca Kesby how they created the first covid-19 vaccine. Could mRNA help cure other diseases and improve vaccine access to low income countries? ...
Sep 15, 2021•17 min•Transcript available on Metacast Tourism in Africa, even before the pandemic, was still not bringing in as many visitor dollars as it might. But, from stargazing trips to plans for a brand-new museum of evolution, we hear from the people changing perceptions around holidays in sub-Saharan Africa. Safari tours aren't going away, but the industry is changing and that's good news for Africa's underperforming tourism sector. Vivienne Nunis hears from Susan Murabana, CEO of The Travelling Telescope under the stars just outside Nairo...
Sep 14, 2021•17 min•Transcript available on Metacast Is corporate social responsibility, so called "greenwashing", really changing carbon emitting businesses or just making it look that way? Canadian businessman Tariq Fancy used to work as Blackrock's Chief Investment Officer for sustainable investing. He tells Ed Butler why he thinks CSR isn't a good enough tool to achieve a net zero economy. (Picture: Two climate activists from Extinction Rebellion talk to each other outside the Bank of England during a protest. Credit: Getty Images.)....
Sep 13, 2021•17 min•Transcript available on Metacast In this edition of Business Weekly, we look at why one of the poorest countries in Latin America, El Salvador, decided to make Bitcoin legal tender. We also find out what happened when the cryptocurrency crashed on the first day it was rolled out. We hear about the devastating economic effect of covid in Kenya as it rolls out further curfew restrictions. Also, in a few weeks’ time, the matriarch of European politics, the German Chancellor Angela Merkel, will step down. We hear what issues are pl...
Sep 11, 2021•50 min•Transcript available on Metacast The UK's suffering a huge shortage of lorry drivers, but where have 100,000 drivers gone? The shortage is now having an impact on everything from chicken in restaurants, to mattresses in furniture shops, fuel at pumps and even beer in pubs. So what's going on? We hear from drivers, driving trainers, retailers and the wholesale industry and what's causing the shortfall and what can be done to solve it. Picture credit: Getty Images
Sep 10, 2021•17 min•Transcript available on Metacast Lamu, once a bustling gateway to the Indian Ocean, has seen its fortunes decline in recent decades, not least because of its position near the border with Somalia, and the threat from militants. But earlier this year a new deep sea port was opened, which, the Kenyan government hopes, will make Lamu a commercial superstar once more. Vivienne Nunis takes a tour of the port with Dolly Okanga from Kenya Ports Authority. We also speak to Famao Shukry about a special kind of sea turtle in the area, an...
Sep 08, 2021•17 min•Transcript available on Metacast AI will be the defining development of the 21st century and in the next two decades it is set to transform our lives. Kai Fu Lee, a former CEO of Google China and AI pioneer tells us that the technology will revolutionise health and education and has the power to create great wealth but it also has a dark side. AI he says, can pose huge risks like when used in autonomous weapons. Kai Fu Lee believes that we are now at a turning point, and is urging society to wake up to the benefits and the exis...
Sep 07, 2021•17 min•Transcript available on Metacast During coronavirus, while case numbers have seemed relatively low, there’s been a huge economic impact on many Kenyans. We hear from the BBC’s Michael Kaloki about the particular challenges of the Kibera slum, from single mother and Kibera resident Josephine, who Business Daily has heard from several times since the start of the pandemic. We also hear how reverse migration has meant that some Kenyans have returned to rural areas. Chris Macoloo the Africa director for the international developmen...
Sep 06, 2021•17 min•Transcript available on Metacast On Business Weekly, we hear from the World Meteorological Organisation which has been tracking weather-related disasters for the last 50 years. We look at the economic and human cost of extreme weather - and ask if anything, really, can be done to protect ourselves against it. Covid has claimed yet more victims in India as the economic hardship brought by the coronavirus sees a rise in the number of child brides forced into marriage. We hear from a young girl who resisted her family’s attempt to...
Sep 04, 2021•50 min•Transcript available on Metacast When are reviews real and when are they fake? We'll be asking a range of guests whether it's ok to be paid to do a review and how online sites can detect fraudulent write ups. We’ll also hear why negative feedback can be good for a business in the long run. Elizabeth Hotson speaks to James Kay, head of corporate communications at Tripadvisor, Carolyn Jameson, chief trust officer at Trustpilot and Michael Hanney, founder of Review Solicitors. We also hear from restaurant pr Hugh Richard Wright an...
Sep 03, 2021•17 min•Transcript available on Metacast Why did one of the world's best-known porn provider platforms, OnlyFans, decide to ban porn? The controversial site has become a global phenomenon over the last five years, but its decision to outlaw adult content got everyone talking. It appeared to bow to pressure from financial services companies and anti-porn groups. Then it changed its mind. We look at the pressures the company is under and also at the business logic of internet porn. We speak to content creators Jessica Starling and Alana ...
Sep 02, 2021•17 min•Transcript available on Metacast How did one of the world's biggest sporting brands end up in such a financial mess? FC Barcelona's collapse, from European Champions League winning juggernaut, to unable to register its players under salary cap rules took less than a decade. So how did it take so little time for one of football's giants to fall so hard? We explore that with club members and supporters, as well as the Financial Times journalist Simon Kuper, the author of a new book about Barcelona; Barca, the Inside story of the ...
Sep 01, 2021•18 min•Transcript available on Metacast Closed schools and economic hardship due to Coronavirus are seeing more young girls married off. We’ll hear from a young girl who managed to resist her family’s attempts to marry her to an older man. But many other young girls are not so lucky. Anindit Roy Chowdhury of Save The Children India estimates tens of thousands of such marriages may have already taken place during the pandemic, often with illegal dowries being exchanged for the young girls. Dr. Kriti Bharti, a leading activist for child...
Aug 31, 2021•18 min•Transcript available on Metacast Many of us are preparing go back into the office but after more than a year of working from home for a lot of people, have we forgotten how to dress professionally? Or are we chomping at the bit to put on the armour that is traditional office wear? Or it time to entirely rethink the whole concept of office dress codes? Presenter, Elizabeth Hotson strolls down London's Saville Row to meet tailor Richard Anderson and stylist Lizzie Edwards gives some us tips on how to dress to impress. Deirdre Cle...
Aug 30, 2021•17 min•Transcript available on Metacast While the eyes of the world are on Afghanistan and the US withdrawal, the American Vice President is trying to generate some headlines of her own during a charm offensive in South East Asia. We’ll hear what she’s been saying and what she hopes to achieve. Zambia has a new president and he’s made some big promises. Can he afford to keep them? And do you feel like time is just running away from you? Or perhaps it has slowed down to an unrelenting crawl? We’ll hear how our brains interpret time - a...
Aug 28, 2021•50 min•Transcript available on Metacast Nobel laureate Richard Thaler talks about why his and Cass Sunstein's 'nudge' theory needs a re-boot.
Aug 27, 2021•17 min•Transcript available on Metacast