On this edition of Business Weekly, we’re looking at the US inflation rate. It has hit 7% year on year, the largest rise since 1982. Used car prices and food costs are shooting up. We hear from Wells Fargo Economist Sarah Watt House and Gerald Daniels, an Associate Professor of Economics at Howard University who specialises in the economics of inequality. The BBC’s Ed Butler looks at the recent protests in Kazakhstan and we have a look inside the UK trials into psychedelic drugs for patients suf...
Jan 15, 2022•50 min•Transcript available on Metacast It’s just over a year since the UK’s trading relationship with the EU fundamentally changed. So how are small businesses in Britain finding life outside the single market and customs union? The BBC's Vivienne Nunis speaks with chocolate-maker Jacques Cop of Coco Caravan and Kathleen May from the London-based independent publisher, Hurst, as well as Sally Jones, trade strategist at EY. Image: Hand drawing a red line between the UK and the rest of the European Union. Credit: Getty
Jan 14, 2022•17 min•Transcript available on Metacast Why can't multinationals like KFC source their ingredients locally? A shortage of fries at KFC restaurants in Kenya has led many to call for a boycott of the chain after it transpired that the company imported all of its potatoes, despite them being abundantly grown in the country. Potatoes are Kenya's second-most consumed crop after maize, and are cultivated mostly by small-scale farmers. As Covid hits global supply chains and words like sustainability and climate gain greater importance, is it...
Jan 13, 2022•18 min•Transcript available on Metacast How might the protests shake up the economy, trade and business in the Central Asian nation? Ed Butler speaks to Diana Kudaibergenova, a sociology professor at Cambridge University and herself Kazakh, about what motivated the protests, and whether the apparent ouster of former President Nursultan Nazarbayev plus a host of new economic reforms will be enough to appease the protesters. But what does all this mean for foreign business interests in the country? Kate Mallinson of Chatham House says m...
Jan 12, 2022•18 min•Transcript available on Metacast Does the global economy need to start dismantling 'global white privilege'? The Black Lives matter protest movement has focussed lots of attention on racial attitudes in rich western countries. How easy is it for instance, for people of black or Asian heritage to get on the ladder to business success in those countries? But is the economics of what's now called 'white privilege' a global problem too? Ed Butler speaks to Chandran Nair, the founder and Chief Executive Officer of The Global Institu...
Jan 11, 2022•18 min•Transcript available on Metacast Psychedelic therapy could provide a major breakthrough in the treatment of mental health disorders like depression, and now it's caught the attention of start-ups and venture capitalists. Laurence Knight hears from one man whose life was transformed by a single dose of the drug psilocybin - the psychoactive ingredient in magic mushrooms - after he volunteered for a research project exploring whether it could cure depression. He also visits the research team at King's College London, who have jus...
Jan 10, 2022•18 min•Transcript available on Metacast On this edition of Business Weekly, we’re looking at the tech giant Apple. Its value tipped over the $3 trillion mark on the New York stock Exchange at the start of the year. We hear from Dan Ives of Wedbush Securities on possible further avenues of growth for the company. We’ll take you to the United States to hear from different communities all hoping to benefit from President Biden’s $1.2 trillion infrastructure plan. We focus on projects designed to improve the quality of drinking water, and...
Jan 08, 2022•50 min•Transcript available on Metacast Mapping the human genome led to big advances in diagnosing rare disease. But diagnosis is only the first step in dealing with an illness. So what do you do if your child is found to have a condition that has no treatment? We hear from Michelle Teng, a mother who co-founded a biotech firm called SynaptixBio, that is looking to find the world’s first treatment for a rare neurodegenerative disease. Also in the programme, the Chief Medical Officer at Genomics England, Dr Richard Scott, tells us his ...
Jan 07, 2022•17 min•Transcript available on Metacast The rise of electric vehicles could see traditional service stations closing across the planet over the next two decades, and replacing pumps with fast chargers is unlikely to save them. Justin Rowlatt speaks to one entrepreneur hoping to profit from the rollout of EV chargers in every home and parking space, Erik Fairbairn of Pod Point. Meanwhile Isabelle Haigh, head of national control at the UK's National Grid, explains why she is confident they can meet the electricity demand from all these ...
Jan 06, 2022•18 min•Transcript available on Metacast Richard Leakey died at his home outside Nairobi, Kenya, earlier this week. World-famous for his fossil discoveries, the 77-year-old had many careers - paleoanthropologist, wildlife defender, politician and anti-corruption campaigner. Business Daily's Vivienne Nunis met Richard Leakey late last year and recorded this interview with him. He looks back on his life and shares his as yet unrealised plans for a 'cathedral of life with no God', a museum dedicated to evolution on the edge of Rift Valley...
Jan 05, 2022•17 min•Transcript available on Metacast Jane Goodall, the famous primatologist, has set us a challenge: Is it possible to tackle climate change whilst also lifting people out of extreme poverty? Her question - posed to the BBC's Climate Editor Justin Rowlatt - is inspired by her own experience of tackling deforestation in Tanzania. As her colleague Emmanuel Mtiti explains, they convinced local villagers to stop felling trees, and to restore the natural habitat of chimpanzees, by offering them an alternative path to prosperity. So coul...
Jan 04, 2022•18 min•Transcript available on Metacast Most flowers sold in the florists and supermarkets of Europe are grown in East Africa, where the warm climate supports roses and other plants to grow year round. But is it sustainable? Vivienne Nunis follows the international supply chain from a Kenyan flower farm to the hub of the global flower trade near Amsterdam, where every morning stems are sold at auction before being transported in cold storage trucks to buyers across Europe. The Dutch have been trading flowers since medieval times, when...
Jan 03, 2022•18 min•Transcript available on Metacast On Business Weekly, we look at the problems faced by companies affected by the spread of the Omicron variant of Covid-19. Are staff shortages just a blip or could they be more long term? Professor Joshua Hausman at the University of Michigan gives us his view. Plus, we look at efforts being made in the textile industry to move away from “fast fashion" using traditional, slow and more sustainable methods. Also, it’s 20 years since the schoolboy wizard Harry Potter first appeared on movie screens;...
Jan 01, 2022•49 min•Transcript available on Metacast Our love for cocktails has surged during the pandemic. Nisha Patel speaks to mixologists and bar owners from all over the world to find out what's inspiring them and what concoctions we may see across global bar menus. Hanky Panky bar in Mexico says lockdown sent everyone back to their books and emerging are pairings inspired by cook books. Two Schmucks in Barcelona say the diversity of their staff has led to a range of cocktails you'd usually see in your main meal and cocktail aficionado Lynett...
Dec 31, 2021•17 min•Transcript available on Metacast In the remote mountain villages of Guizhou, China, indigenous people have been handmaking clothes for centuries. But with so many young people leaving rural areas for jobs in China's manufacturing centres, those ancient skills are disappearing. Angel Chang tells us how she quit her job in the designer fashion houses of New York to start her own clothing line, employing indigenous craftspeople to grow organic cotton, use natural dyes and sew her collection by hand. It’s part of a wider shift away...
Dec 30, 2021•18 min•Transcript available on Metacast More men have considered cosmetic treatments during the pandemic. Has spending more time at home staring at ourselves in video conferencing made us more worried about our appearance, and have the pressures of ageism in the workplace also had an impact. Ed Butler speaks to psychologist Helena Lewis Smith, and Past President of the American Association of Plastic Surgeons Dr Alan Matarasso about just what’s motivating men to make more changes. Plus, he tries a treatment for himself. (Picture of ma...
Dec 29, 2021•18 min•Transcript available on Metacast 2021 was another year of firsts in the ever-expanding industry around space, as we moved towards space tourism as a reality. But what about NASA, and its plans to return to the moon? We hear all about it, and the space agency’s ambitious plans for not just the moon, but mars; from NASA’s Carlos Garcia-Galan. We also hear about the increasingly urgent issue of space junk, which is causing serious safety issues in orbit. University of Texas at Austin professor, and chief scientific officer at Priv...
Dec 28, 2021•17 min•Transcript available on Metacast It's 20 years since the first Harry Potter film was released and the movies and books have spawned a world of wizard-related retail opportunities. Elizabeth Hotson asks Chris Columbus, director of the first two Harry Potter films, how he dealt with the pressure of bringing the boy wizard to life. And we travel to Edinburgh for The Potter Trail tour which starts with a spell and ends in a graveyard. We step inside the magical Museum Context shop, and hear form owner, Andrew McRae. Plus, Scott Men...
Dec 27, 2021•17 min•Transcript available on Metacast On this edition of Business Weekly, we’re looking at the rising cost of energy across Europe, and hear from Emma Pinchbeck of Energy UK on how producers and consumers are coping, plus Tom Wilson from The Financial Times analyses the causes behind the price hike. We hear about how some countries are scaling back their road building projects in the face of climate change and ask how best to get people out of their cars? Plus, we go to Ghana, where consumers are unhappy with a new tax the governmen...
Dec 25, 2021•50 min•Transcript available on Metacast What will be left of human civilisation in the geological record 100 million years hence? Justin Rowlatt speaks to the geologist Jan Zalasiewicz of Leicester University in an extended interview, speculating on the durability of the human legacy. We may take pride in our cathedrals, technologies and feats of engineering. But what strange fragments will survive long enough for aliens visiting our planet in the distant future to discover? And will it be enough for those future geologists to figure ...
Dec 24, 2021•18 min•Transcript available on Metacast The new variant poses a particular threat to China's hitherto successful zero-Covid strategy at a time when the country's economy is looking vulnerable. Ed Butler gets the latest on the fast-moving Omicron variant from Boston University epidemiologist Eleanor Murray. One new development is a recent study in Hong Kong that found that one of the two main Chinese vaccines offers very little resistance against it. Health security expert Nicholas Thomas of Hong Kong's City University says the Chinese...
Dec 23, 2021•18 min•Transcript available on Metacast 2021 has seen some extraordinary economic changes. First a global economic rebound, then a global supply chain crisis, then inflation of a kind not seen in western countries for decades. And finally millions of people deciding they didn't even want to go back to work after lockdown. So what could 2022 have in store? Ed Butler discusses all this with Oxford economist Linda Yueh of Oxford University and author of the Great Economists, and Mohamed El-Erian, President of Queens College Cambridge. (P...
Dec 22, 2021•18 min•Transcript available on Metacast The World Bank says this could cost the global economy $17 trillion. Coronavirus brought education systems across the world to a halt. At its height more than ninety percent of the globally enrolled student body were not in school. That’s more than 1.6 billion learners. Nearly two years on from the start of the pandemic, hundreds of millions of children are still not back in the classroom. In Uganda, as the BBC’s Patience Atuhaire tells us, schools were closed in March 2020 before the country re...
Dec 21, 2021•17 min•Transcript available on Metacast Roads? Where we’re going, do we need roads? Some countries think they've already got too many. In the face of a climate catastrophe, the Austrian and Welsh governments are reconsidering plans to expand their road networks, moving away from a car-first model to better include more environmentally modes of transport. In Wales, they’ve all but halted any new roads as Climate Minister Julie James tells us, and are instead looking at improving public transport and active travel measures. In Austria w...
Dec 20, 2021•17 min•Transcript available on Metacast On this edition of Business Weekly, we’re looking at rising inflation in Turkey, and hear how different communities are trying to live during a period of economic uncertainty. Victoria Craig tours Istanbul to hear from shop workers and families caught up in the currency crisis. Plus we focus on the Netherlands, and Meta’s proposals to build a giant, energy-hungry data-centre there. We hear how the community is divided on the plans from Facebook’s parent company. We’ll look at the diplomatic spat...
Dec 18, 2021•49 min•Transcript available on Metacast Why has it become so popular for millions of young people? Has the failure of conventional nest-eggs, rising student debt and high property prices forced twenty-somethings into an ever riskier outlook - and what's the pandemic got to do with it? Nachiket Tikekar, a 23 year old student of business, tells Ed Butler why he decided to stick all his spare money into stocks and shares and why he's not scared of the markets crashing. This has all been made possible by the rise of low-cost online tradin...
Dec 17, 2021•19 min•Transcript available on Metacast The official inflation rate in Turkey is above 21% and the value of the lira has plunged by nearly half this year. Victoria Craig hears from families, students and workers about what a currency crisis, fueling red-hot inflation, feels like to live through. (Picture Description: Turkish Flag, Picture Credit: Getty Images).
Dec 16, 2021•17 min•Transcript available on Metacast What is at stake when a big company like Meta comes knocking on your door? The small Dutch town of Zeewolde is grappling with this. Meta - the parent company of Facebook, Instagram and WhatsApp - wants to build a huge data centre in the area which could be the biggest in Europe. It is a proposal which has raised questions about land-use, water consumption, political power and energy. The municipality says it will bring significant benefits – but not everyone agrees. Opponents like local resident...
Dec 15, 2021•18 min•Transcript available on Metacast The pet food industry is a multi billion dollar business but are premium brands - with premium ingredients - worth spending more money on? And could insect protein be the key to a more sustainable way of feeding our animal companions? Elizabeth Hotson gets the facts and figures from Kate Vlietstra, a global food and drink analyst at Mintel. We also hear from Tom Neish, founder of insect-based cat and dog food company, Yora. Plus, Rachel Grant from premium pet food brand, Laughing Dog, tells us w...
Dec 14, 2021•17 min•Transcript available on Metacast Leishmaniasis may not be a household name in much of the rich world, but the parasitic disease is found in over 90 countries, and can lead to agonising disfigurements, and death. It’s classified as a neglected tropical disease, which means treatment is underfunded and under-researched. We hear from British adventurer and writer Pip Stewart, who contracted Leishmaniasis on an expedition through the jungle of Guyana. She received treatment in the UK, but it was a harrowing experience. Pip explains...
Dec 13, 2021•19 min•Transcript available on Metacast