
Business Daily
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Business Weekly
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 marry her off to an older man. Plus, filming for the latest Mission Impossible film has been put on hold multiple times over the last 18 months thanks to coronavirus cases on set as well as covid restrictions. But now, Paramount Pictures is suing its insurance company, saying the resulting pay-out doesn’t begin to cover its losses. And as more of us head back to the office, whatever will we wear? Business Weekly is produced by Matthew Davies and presented by Lucy Burton.
Should you trust reviews?
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 and Alison Edgar, author of 'The art of getting what you want.' Plus, Cynthia Giles from Cut Throat Marketing explains why negative reviews aren't necessarily bad for business. Presenter: Elizabeth Hotson Producer: Sarah Treanor(Picture: A mouth and comment symbols. Credit: Getty Images)
OnlyFans flip flops on porn
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 Evans, President of APAG; Mike Stabile, Director of Public Affairs at the Free Speech Coalition and Alexander Konrad from Forbes. BBC reporter Noel Titherage talks us through his investigation of the site. (Image: OnlyFans logo; Image credit: Getty Images)
Life after Messi: FC Barcelona's financial mess
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 world's greatest football club.Picture credit: Getty Images
Child marriage is getting worse in India
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 children’s rights, the peculiar economics of Indian marriages, along with some surprise consequences of the pandemic, gives parents a strong incentive to marry their girls off young, even in secret. And economist Dr. Monika Chaudhary reflects how this crisis highlights the longer-running tragedy of how the economic system India denies girls the chance of proper schooling.(Image credit: Getty Images.)
Is office wear dead?
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 Clemente, a historian who specializes in clothing and fashion at the University of Nevada tells us why March 2020 marked a huge shift in sartorial expectations and photographer Victoria Rose describes how her approach to fashion shifted during the pandemic. Plus Vivienne Nunis and Anastasia Wanjiru in Nairobi, Kenya explore shifting norms in workplace clothing. (Picture of a suit fitting via Getty Images) Producer: Elizabeth Hotson
Business Weekly
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 - and what we can do to make it work better for us. Business Weekly is produced by Clare Williamson and presented by Lucy Burton.
From 'nudge' to 'sludge'
Nobel laureate Richard Thaler talks about why his and Cass Sunstein's 'nudge' theory needs a re-boot.
Life under the Taliban
Gaisu fled the Taliban when she was 18. Now she's fleeing again. Speaking to the BBC's Tamasin Ford, Gaisu recounts being engaged to the son of a local warlord at age 6, fleeing to the United States at 18, and then returning as a civil servant after the Taliban were toppled. She recounts her time as the only female journalist at a local radio station as a teenager, how she butted heads with the Taliban and how her mother inspired her to be a feminist from a young age. We'll also hear how in the post-Taliban era Gaisu worked to get more women into public and government roles. And she tells Tamasin how she feels now, seeing the country come fully under Taliban rule once again, and women once again disappearing into the margins of society.(Image credit: A woman in Afghanistan in 1996. Image credit: Getty Images.)
Sexism, tribalism and housing
Finding a place to live in Nigeria’s big cities. Finding somewhere to live can be stressful wherever you are in the world. But in Lagos, Africa’s fastest growing city, add in sexism, tribalism and stumping up more than a year’s worth of rent in advance. Are these practices making it an impossible place to live and what is being done to try and change the situation? Tamasin Ford speaks to Stephanie Chizoba Odili and Chiamaka Okafor who both, as single women, had problems finding a place to rent. She also speaks to Uchenna Idoko, the Executive Director of the Centre for Gender Economics in Lagos. She says Nigeria's patriarchal structure dictates how marriage is viewed as the single most important social custom, awarding women both respect and status - and that it has to change. And Ugo Okoro is the co-founder of Muster, a housing app that allows people to rent out their rooms in Lagos, Abuja and Kalabah. He says they are working hard to change the narrative by eliminating prejudice, sexism and tribalism so there is no more discrimination.(Picture credit: Adeyinka Yusuf/Anadolu Agency via Getty Images)
The economics of the Taliban
The economy of Afghanistan is collapsing as remittances and foreign aid dry up. As the militant Taliban consolidate their control over the country, it's unclear whether they will be capable, or even interested, in propping up the economy to prevent further humanitarian crises. Today on Business Daily, we're looking at how the economics of life under the Taliban. Professor Jonathan Goodhand of SOAS University of London, explains how the Taliban managed to generate revenues over the years since the US invasion, from local taxation on commodities, as well as support from sympathetic parties outside the country. Ian Hannan, a British mining engineer, says the Taliban has also benefitted enormously from mining in recent years. Now, the big question is whether they will be able to manage the country's entire economy, and Vanda Felbab-Brown of the Brookings Institution in Washington D.C. thinks Afghanistan cannot survive without the aid it has relied on for decades.Producer: Frey Lindsay(Image: Taliban militants in Kabul on August 16th, 2021. Image credit: AFP via Getty Images)
'Youngism' in the workplace
Age discrimination doesn't just affect the elderly. The BBC's Tamasin Ford speaks with Priscilla and Nadirah about the discrimination they've experienced as young people in the workplace. We'll also hear from Michael North, an assistant professor of management and organisations at New York University’s Stern School of Business, on the research he and his team have done showing the extent of 'youngism' in business. Also in the programme, consultants Lauren Rikleen and Elizabeth Houghton explain how young people can best navigate the workplace, even in the presence of discrimination.(Picture credit: Getty Images.)
Business Weekly
As the Taliban takes control of Afghanistan this week, we ask what the future holds for the country. The central bank governor, Ajmal Ahmady, who fled earlier this week, tells us about the days and weeks leading up to the takeover. Dr Weeda Mehran from the University of Exeter outlines how the country arrived at this point, and what the future could hold. She argues that unless the Taliban gains legitimacy internationally it will struggle to govern effectively or grow the economy. Plus, a new Alzheimer's drug has been approved by the FDA in the US, but lawmakers are looking at how and why it was approved so quickly. Apple’s decision to scan users’ phones for images of child abuse has privacy campaigners worried - and we’ll hear from the businesses busy preparing for Christmas 2021. Business Weekly is produced by Clare Williamson and presented by Lucy Burton. (Image: Afghans gather outside the Hamid Karzai International Airport in Kabul to flee the country, Image credit: European Pressphoto Agency)
Rethinking time
All our lives are ruled by time and it's a fundamental part of our daily routines but what if we could make time go more slowly - or quickly? Adrian Bejan, a professor in thermodynamics at Duke University says that this is possible if we just open our minds to how we perceive change. And if we could make time last longer, what would be the most efficient way of using it? We get some tips from Laura Vanderkam a writer and speaker on time management. Plus, research scientist Christian Clot tells us about an experiment where all markers of time were taken away, including clocks, watches and sunlight - and what that could mean for how we live in the future. And casino designer and consultant, Bill Friedman explains how the idea of timelessness is put to practical use in casinos where professional gamblers want to feel that they're always in the moment. Picture: antique clocks, Picture credit: Getty ImagesPresenter: Elizabeth Hotson Producer: Sarah Treanor
Controversial new Alzheimer's drug in the spotlight
After decades without progress, this June a new treatment was approved by the US Food and Drugs Administration - Biogen's Aduhelm. Ivana Davidovic looks into why this process has been so controversial that is now under investigation by a federal watchdog.Aaron Kesselheim, a Harvard Medical School professor, served on the FDA’s advisory committee that considered Aduhelm and voted against its approval. He explains why he decided to resign from his post and what consequences there could be for future research and also for Medicare and Medicaid for covering such an expensive drug.Geri Taylor has participated in the Aduhelm trial since 2015 and both her and her husband Jim believe that the drug has slowed her decline.Jason Karlawish - a practising physician, co-director of the Penn Memory Centre and the author of The Problem of Alzheimer’s book - says that more money should be spent on providing carers for the vast majority of Alzheimer's patients and that people should not be forced to choose between cure and care. PHOTO: 3d illustration of the human brain with Alzheimer’s disease/Getty Images
Should our photos and messages always be private?
Apple is to scan users' iPhones for images of child abuse. Privacy advocates are dismayed. They say it's a slippery slope to monitoring a wider range of content. Andy Burrows from the UK's NSPCC tells us why Apple's move is an important step in protecting children online, while India McKinney from the Electronic Frontier Foundation explains why privacy activists like her are so worried. Namrata Maheshwari from the campaign group Access Now describes the battle between WhatsApp and the Indian governmentment over access to encrypted messages - an example of the wider battle between governments and tech firms over access to data. And Andersen Cheng, CEO of the tech company Post-Quantum, tells us about the time he invented a messaging app so secure it became the app of choice for a terrorist organisation.(Photo: Messaging apps on an iPhone screen. Credit: Getty Images)
Killer robots
Are these the future of modern warfare and how concerned should we be? There are efforts to limit the development of these weapons. More than 50 nations met at the UN in Geneva this month to discuss a possible treaty. But neither Russia nor the United States have expressed any willingness to support the treaty. Ed Butler speaks to Professor Noel Sharkey who's been campaigning against the development of these weapons for 14 years and asked him how close any type of agreement was. Evanna Hu, CEO of AI firm, Omelas, and a senior fellow at the Atlantic Council in Washington, says this technology is now at the forefront of many countries' weapons development. And George Rey is a retired Lieutenant Commander in the US navy. He now works with private sector defence contractors supporting the development of autonomous weapons systems for the department of defence.(Picture credit: CARL COURT/AFP via Getty Images)
Sexism in the alcohol industry
Women in the drinks industry share their stories to try to change the way women are treated in pubs, clubs and bars. After many shared stories of harassment in craft breweries, the consensus is: enough is enough. Charlotte Cook, an experienced brewer, says the most important thing is to believe the stories, as some are being silenced by UK libel laws. Professor Chris Land from Anglia Ruskin University explains how certain workplaces can create unhealthy cultures, while bartender Nichola Bottomley says she was inspired to speak out after years of abuse working in pubs and bars. In the US, Victoria James, who was named the country's youngest sommelier at 21, has inspired other women working in wine to come together to speak out - and her book led to many responsible to resign. Becky Paskin, journalist and co-founder of Our Whisky, talks about the repercussions she faced after calling out sexism in the whisky industry. While Brad Cummings, co-founder of craft beer company Tiny Rebel tells us why it's no longer business as usual after the firm was called out by former employees online.(Images: Alcohol being poured. Art159 / Getty Images)
No boss, no problems
A young entrepreneur builds the ‘happiest company in the world’, an online shoe retailer so profitable that Amazon snaps it up for over a billion dollars. But what if the company’s profits and happiness could be boosted by a radical reimagining of the workplace? No more bosses, no more job titles, just creativity, equality and pure joy. We hear the story of Tony Hsieh, a visionary entrepreneur who abandoned social hierarchy in his Las Vegas-based shoe company. Could it be that the secret to happiness lies in making everybody equal?(Image: Tony Hsieh in 2013. Credit: Christopher Farina/ Getty Images)
Neurodiversity at work
Neurodiversity is a broad term inclusive of a number of very different things including, but not limited to, autism, ADHD, dyslexia and dyspraxia. And until relatively recently, it's not something that many workplaces have paid much attention to. But rethinking those spaces and the way neurodiverse staff can be best accommodated, can reap benefits for both the companies involved and their employees. Stand-up comedian Don Biswas, explains how his different way of thinking has shaped his comedy routine, we also hear about the trials and tribulations faced by successful author Elle McNicoll. PR executive, Yemi Gbadebo describes the impact of getting an ADHD diagnosis as an adult, and Professor Amanda Kirby explains why females in general are less readily diagnosed with all forms of neurodiversity. Plus, Paul Graham, Britvic's managing director for the GB region, tells us how his neurodiverse family has inspired his approach to the workplace and Professor Robert Austin from Ivey Business School in Ontario, Canada, describes how the understanding of cognitive differences is gradually improving.(Picture of a group of young people via Getty Images).
Electrifying Sierra Leone
Bringing electricity to his village for the first time, we speak with Jeremiah Thoronka in Sierra Leone about the challenges of energy inequality in the country. As a teenager, using kinetic energy, Jeremiah changed the lives of hundreds of people – we speak to them to talk about the difference between the two worlds – and why having more light often means more hours to earn money, in a country where economic success lags behind its neighbours. As three quarters of people in the world with no access to electricity live in Africa, UN energy representative Damilola Ogunbiyi explains why Africa energy poverty persists, despite some pockets of success, and answers why it takes ‘heroes’ like Jeremiah to change the lives of people, and why leaders should be stepping up.(Image: Lightning storm approaches Freetown, Sierra Leone. Credit: Michael Duff / Getty Images)
Bitcoin ban has opposite effect in Nigeria
Bitcoin’s popularity in Nigeria has exploded – with one of the youngest populations in the world, coupled with a high unemployment rate, its popularity was almost inevitable. Many young Nigerians are attracted to cryptocurrencies as an alternative and quick way to make money. Jude Umeano tells us that he lives his life using only Bitcoin, and that the government ban on funding crypto-based businesses only made him find loopholes. In fact, the government ban was likely the catalyst that increased its popularity, says Idayat Hassan from the Centre of Democracy and Development in Abuja. But there are still common, old fashioned concerns that make crypto investing so popular – and that’s mainly because it’s seen as a more secure and valuable currency in the global markets, says Eke Urum, chief executive of Risevest, one of Nigeria’s many investment platforms, which is still seeing users grow, despite the government ban.(Image: Bitcoin app in Lagos. Credit: Alexander Sanchez/ Getty images)
Doping in eSports: the billion-dollar pill
Doping is a growing problem in the multi-billion dollar industry of competitive online gaming – but remains an open secret. As prize money runs in to the millions, are more young people turning to drugs to stay focused to win? With major league eSport athletes admitting to mass doping, we speak with the founder of the world’s first eSport university programme - Dr Glenn Platt at Miami University, Ohio - who tells us the casual attitude to doping for performance enhancement. Varsity eSport players Jared Shapiro and Jennifer Frank tell us that doping using Adderall and Ritalin are engrained within eSports, making it to difficult ban, when so many gamers need them for medical purposes. Doping in eSport regulator Ian Smith from the eSports Integrity Commission says that the major tournament organisers and games publishers should foot the bill for testing – which is severely underfunded. But while the major names – DOTA 2, Overwatch and League of Legends – continue to grow in users during lockdown, Craig Fletcher, an eSports tournament organiser, says the business has less money to spend on regulation, after coronavirus stops people gathering for tournaments.(Image: Pixelated pills. Credit: non157 / Getty Images)
Business Weekly
On this edition of Business Weekly, we look into Lebanon’s economy - a country going through the worst economic crisis since its civil war of the 70s and 80s, with severe disruption to basic services and food shortages. We also hear from Zambia, where the pandemic has meant the usual cash-rich tourists have stayed away, and the economy is dominating the general election campaigns. Plus, we look at another attempt to narrow the gender gap in science and engineering careers, by introducing female role models into toy dolls. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.
China's Tech Crackdown
Is China's behavior towards its innovators separating the country further from the world? That's the question on everybody's mind, as the Chinese authorities continue to exert their political power over the country's rising tech companies. George Magnus, associate at the China Centre at Oxford University warns that despite increasing western interest in the Chinese market, foreign investors should be wary about political clampdowns on companies. But Angela Zhang at the University of Hong Kong, argues some of the government's actions could be seen simply as prudent regulatory moves against the power of Big Tech. And Ker Gibbs, Chairman of the American Chamber of Commerce in Shanghai, explains how businesses are navigating this intersection between politics and commerce.Producer: Frey Lindsay.(Picture: Logo of Didi Chuxing, China's largest ride-hailing company. Picture credit: Zhang Peng/LightRocket via Getty Images)
Why isn't Africa producing vaccines?
Less than two percent of Africa’s population has been vaccinated against Covid-19. Could homegrown vaccines be the solution? If so, why isn’t it happening? Is it an issue with patents and intellectual property rights? Is big pharma standing in the way? Or is it simply about money and profits?Things are beginning to happen. Last month a consortium was set up with the aim of opening an mRNA technology transfer hub in South Africa. If they succeed it will be the first regional mRNA vaccine manufacturing production facility in Africa. In this edition of Business Daily, Tamasin Ford hears from Marie-Paule Kieny, the chair of the Governance Board of the Medicines Patent Pool, Toyin Abiodun from the Tony Blair Global Institute for Change, based in Rwanda, and from Petro Terblanche, the Managing Director of Afrigen, the South African biotech company where the first African vaccines will hopefully be produced.(Producer: Joshua Thorpe)(Image: Health workers prepare a dose of the Johnson & Johnson vaccine during a mass vaccination campaign against the Covid-19, in Dar es Salaam, Tanzania. Credit: Getty Images.)
GMOs - from 'Frankenfoods' to Superfoods?
Since they first appeared in the nineties, GMOs have remained wildly unpopular with consumers, who see them as potentially sinister tools of big agricultural companies. Ivana Davidovic explores if the new scientific developments might make them shed their bad image. She visits Norwich in the east of England where professor Cathie Martin has been developing genetically modified tomatoes for decades. One purple variety - unusually high in antioxidants - has shown high cancer-fighting properties in mice and is expected to be approved for sale directly to consumers in the US later this year.Alex Smith's Alara Wholefoods based in London was licensed by the Soil Association back in 1988 to produce the first Organic certified cereal in the world. He explains why he changed from anti-GMO campaigner to someone who believes this technology could help with the worst effects of climate change.Rose Gidado, the Assistant Director at the National Biotechnology Development Agency in Nigeria, explains why the country approved the world's first GM cowpea - also known as black-eyed pea - and why gene editing and genetically modifying staple crops could help combat malnutrition.Marta Messa from the Slow Food movement is particularly concerned about the implications of intellectual property rights behind some of the genetically engineered produce.And professor Fred Gould, who chaired a large study into safety of GMOs for the National Academy of Sciences in the US, warns that this technology is not a silver bullet for solving all of our environmental and health problems.PHOTO: Genetically modified tomato created by professor Cathie Martin at the John Innes Centre/Ivana Davidovic/BBC
Business Weekly
This week the major technology companies posted record-breaking quarterly results, as they reaped the benefits of a world in lockdown. However, as politicians seek to curb their power, will they be able to keep making such vast amounts of money forever? Also on Business Weekly, we hear why more of us are quitting our jobs, why the price of coffee is close to a seven-year high and whether rental fashion is really good for the environment. Plus, from near bankruptcy to the Bangles via The Police – the legendary music producer Miles Copeland tells us about his long and successful career in the industry. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
The rise of digital therapy
Mental health care apps have boomed during the pandemic. But can receiving therapy through an app ever be as good as face to face? And do they raise concerns over our privacy? Tamasin Ford speaks to Brad Kettridge, founder and CEO of the mental health care app Brightside as well as the co-founder of the Oliva app, Sancir Sahin, which is aimed at businesses. We also hear from writer Julie Peck who suffers from bipolar disorder on why she sought help from one of these apps. John Torous, director of the digital psychiatry division at Beth Israel Deaconess Medical Center in Boston, and Heleen Riper, professor of eMental-Health and Clinical Psychology at the Amsterdam University Medical Centre, discuss some of the concerns around privacy and effectiveness of digital mental health care.(Image credit: Getty Images).
Miles Copeland's life in the music business
Lessons from nearly fifty years producing and managing bands, with industry veteran Miles Copeland III. From brilliantly promoting his brother's band The Police, to founding a record label for all the misfits in the industry: the Buzzcocks, the Cramps, The Go Go's, R.E.M., The Bangles, and many more; the American-born, Lebanon-raised record executive, and now the author of the memoir 'Two Steps Forward, One Step Back', tells the BBC's Ed Butler how he built his empire with music nobody else wanted.Producer: Frey Lindsay.(Picture: Stewart Copeland, Andy Summers and Sting from The Police at the A&M offices after signing a record deal. Their manager, Miles Copeland is 3rd from left. Picture credit: Richard E. Aaron/Redferns via Getty Images.)
The billionaire space race
Why Jeff Bezos and Elon Musk are battling it out among the stars. Ed Butler speaks to Brad Stone, author of the book Amazon Unbound, about Amazon founder Jeff Bezos's lifelong obsession with space, and to Christian Davenport, space reporter for the Washington Post, about the growing rivalry between the worlds two richest men over government space contracts and the future of the space economy. Former astronaut Janet Kavandi tells us why, like Elon Musk, NASA has Mars colonisation in its sights.(Photo: Jeff Bezos among Blue Origin’s New Shepard crew after flying into space on July 20, 2021. Credit: Getty Images)
The great resignation wave
Has the pandemic encouraged more of us to quit our jobs? Rebecca Kesby speaks to Anthony Klotz, associate professor at Texas A&M University, who says the US is about to face a wave of resignations, as many people re-evaluate what they want from a job after months of lockdowns. Ben Kiziltug from the HR software company Personio tells us why companies who managed their staff poorly during the pandemic risk losing workers now. But Zeynep Ton from the MIT Sloan School of Management explains why there might not be a long-lasting shift in power from employers to employees.(Photo credit: Getty Images)
Just how bad is rental fashion?
Rental fashion is in the spotlight when it comes to climate footprint. A new study suggests it might not be the silver bullet as once thought, but environmental journalist Lucy Siegle cautions the study is too limited to give a blanket judgment on the rental industry overall. Meanwhile, Christina Dean, of the charity Redress, argues that the potential for rental fashion marks a revolutionary step in the way we think about our clothing. Eshita Kabra, founder of By Rotation, the world's first social fashion rental app, says people around the world could easily solve the fashion industry’s problem with the clothes already in their wardrobe. And sustainable stylist Susie Holland argues that there is a wealth of value stored up in second-hand and recycled clothing.(Picture: Clothes hanging in the wardrobe. Picture credit: Getty Image.)
Business Weekly
In this episode of Business Weekly, we look at the use of vaccine passports in the tourism and hospitality industries. Owning a 'pass sanitaire' is now compulsory to visit certain sites in France and nightclubs in the UK have been told they can only admit people who’ve been double-jabbed come September. We also have a special report on the Champlain Tower in Miami, where nearly a hundred people died last month when the building collapsed. What lessons should be learned? And Jeff Bezos blasted into space this week, hot on the heels of fellow billionaire supersonic joyrider Richard Branson. We’ll ask why. Business Weekly is produced by Matthew Davies and presented by Lucy Burton.
Will the Tokyo Olympics pay off?
Japanese businesses are struggling with the lack of tourists during the Tokyo Olympics. Despite delaying the games by a year, the authorities have still been forced to hold the games without spectators, as Covid cases rise. Seijiro Takeshita at the University of Shizuoka explains why the Japanese were hoping for a successful Olympics, and why it’s now become so controversial. Also in the programme, we’ll hear from a number of businesses affected by the lack of tourists. And Yoko Ishikura, Professor Emeritus at Hitotsubashi University, describes how big sponsors have resisted pressure from the Tokyo government not to withdraw support for the games.(Picture: The logo for the Tokyo 2020 Olympic Games. Picture credit: Charly Triballeau/AFP via Getty Images)
The future of the Afghan economy
What will the US withdrawal from Afghanistan mean for the economy? The relative security provided by US forces and others over the past 20 years not only helped many grow successful family enterprises but also attracted foreign investors and larger business ventures. Rebecca Kesby speaks to Saad Mohseni, Chief Executive of MOBI, a media company that launched the first private radio station playing pop music in Afghanistan, which had been banned under the Taliban. What does he make of the sudden withdrawal of American troops? Among those with the most to fear are businesswomen. Under the US influence women and girls enjoyed greater freedom, access to education and many built successful companies of their own including Ayeda Shadab who has her own fashion brand. In the past few weeks she has received several death threats just for running her own business. And Iskander Akylbayev, Executive Director of the Kazakhstan Council on International Relations, tells Rebecca that increased instability in Afghanistan may affect the whole regional dynamic.Photo: A vendor displays a traditional outfit at a shop in Koch-e Morgha street in Kabul on June 15, 2021. Credit: Getty Images)
The long shadow of Covid on kids' education
The pandemic has left an indelible mark on the education of children around the world. Today on Business Daily, the BBC's Nisha Patel speaks with young people in the UK and India about how their futures have been affected by missing education. We'll also hear from Maya Sukumaran, Principal of Gitanjali Senior School in Hyderabad, India, for her thoughts on how online learning is changing students' relationships and behaviour. And Hans Sievertsen, an economist at the University of Bristol, lays out some of the expected impacts to the economy of all this lost learning.(Picture credit: Getty Creative.)
Vatican reforms see a cardinal on trial
Ten people, including an Italian cardinal, will face a Vatican trial for alleged financial crimes. Cardinal Angelo Becciu has become the highest-ranked cleric in the Vatican to be indicted over charges that include embezzlement and abuse of office. The charges relate to a multi-million-dollar property purchase with church funds in London. Ines San Martin, Rome reporter for Crux, outlines the charges and what we know about the trial so far. This will mark the first time such a high-ranking Vatican official will face trial over financial crimes, but Gerald Posner, an investigative journalist and author of God's Bankers: A History of Money and Power at the Vatican, explains financial scandals themselves are nothing new for the Vatican Bank. And Massimo Faggioli, Vatican historian and Professor of Theology and Religious Studies at Villanova University, explains how this trial sits among Pope Francis' larger efforts for reform.(Picture: Cardinal Giovanni Angelo Becciu and Pope Francis. Picture credit: Reuters.)
Chefs call time on abusive practices
Is it time the old trope of the brilliant, angry chef gets retired for good? Michelin-starred chefs are often famous for their skill, precision and passion. But many of them are just as well-known for their tyrannical and belligerent behaviour towards staff. With ever more allegations surfacing of abuse and harassment in Michelin-starred restaurants, leaders in the industry are calling for the culture to change once and for all. Eric Rivera, owner and head chef at Addo in Seattle tells the BBC’s Tamasin Ford about the abuse he’s seen and experienced first-hand, and why he thinks it’s always white male chefs who get praised for this behaviour. Asma Khan, chef and owner of Darjeeling Express in London, says chefs should be stripped of their accolades if found to be abusive. Chef and TikTok star Poppy O’Toole says she’s worried that without positive change, an industry ravaged by Covid-19 might never fully recover. And Viviana Varese, chef and owner of Viva in Milan, tells Tamasin how she built an inclusive and supportive environment for her staff, while still achieving Michelin-star excellence.Producer: Frey Lindsay(Photo: Chef holding a pan in flames. Credit: Getty Images)
Business Weekly
Global economies are starting to see the return of inflation after a long period of low prices and low interest rates. Central bankers seem pretty calm so far, but some economists are getting jittery. We’ll find out why prices are rising and what can be done to steady the global economic ship. As the EU announces dramatic plans to curb climate change we ask what more financial institutions can do to play their part. We’ll hear how the fight against HIV/AIDS has progressed in the 40 years since it was first described in a medical journal. With the Olympics just around the corner could shoes worn by some athletes be giving them an unfair advantage? We’ll be looking at so-called ‘mechanical doping’. Plus, reporting from the garden of England, our reporter looks at the company developing new varieties of strawberries. Business Weekly is produced by Clare Williamson and presented by Lucy Burton. (Image: A gas station attendant fills a car in Peshawar, Pakistan, Image Credit: European Pressphoto Agency)
Amazon's fake reviews problem
Online marketplaces are being flooded with bogus reviews. Is the whole model of ecommerce under threat? Rebecca Kesby speaks to Neena Bhati from UK consumer group Which? about the ways unscrupulous sellers are generating fake reviews to boost sales of their products, and Amazon seller Janson Smith tells us the impact fake reviews can have on legitimate small businesses that depend on Amazon for their sales. Saoud Khalifah, CEO of FakeSpot, decribes the scale of the bogus reviews problem, and the threat it poses to the integrity of the ecommerce model.(Picture: Graphic of a five-star review, Credit: Getty Images)
Carlos Ghosn speaks out
Carlos Ghosn was the superstar chairman of the Nissan-Renault-Mitsubishi alliance, one of the largest automakers in the world. Now, he’s an exile from the Japanese authorities in his home country of Lebanon. Ghosn sat down with the BBC’s Simon Jack to discuss everything that happened between these two points: from his shock arrest in a Tokyo airport charged with financial crimes, to prolonged legal battles and his dramatic escape from Japan. (Picture: Former Renault-Nissan boss Carlos Ghosn in Beirut on January 8, 2020. Picture credit: JOSEPH EID/AFP via Getty Images)
Why gin is still fizzing
From its early reputation as mothers’ ruin to its prime spot in upscale cocktail bars, we tell the story of the juniper-infused spirit. And as the gin craze in the US and the UK shows no sign of slowing, we ask where the next global hotspots will be. Dr Angela McShane of Warwick University tells Elizabeth Hotson how and why gin drinking became popular in the UK and Sandie Van Doorne, from Lucas Bols - which claims to be the oldest distillery brand in the world - explains how the Dutch spirit, genever, fits into the story. Sean Harrison of Plymouth Gin explains how the company is taking on the new contenders in the market and we hear from up-and-coming brands; Toby Whittaker from Whittakers Gin and Temi Shogelola of Black Crowned Gin. Plus, we hear from Emily Neill, Chief Operating Officer at the IWSR which provides data and analysis on the beverage alcohol market. And a programme about gin wouldn’t be complete without a cocktail; William Campbell-Rowntree, bar supervisor at Artesian in London’s Langham Hotel, gives his tips for the perfect tipple. Presenter: Elizabeth Hotson Producer: Sarah Treanor (Picture of a gin and tonic with garnish; Picture via Getty Images)
Tokyo Olympics: Battle of the super shoes
As we head towards the postponed Tokyo Olympics, the world’s eyes will be on athletics. But huge controversy is brewing over a new type of super shoe which has led to a recent surge in track and field records. Ivana Davidovic asks whether runners' ability is becoming less and less important for success on the track? And what does that do the sport?US Olympian Mason Ferlic is worried that this is creating a division between the haves and the have nots and thinks that World Athletics should pander less to big brands and tighten regulation on running shoes. Canadian Olympian Madeleine Kelly talks about the unprecedented situation when rival brands allowed their sponsored athletes to run in Nike's super spikes, which are widely regarded as ahead of the pack at the moment.But they are not the only ones. Technology used to assist disabled athletes is now propelling their able-bodied counterparts to new heights. Running coach and former World Athletics official Peter Thompson - who also worked in shoe development for Nike and Hoka - says we are nowhere near the limit to where materials can go. He also sees these super shoes as "mechanical doping." While professor of sports innovation Mike Caine warns that to limit innovation would be a commercial disaster for any sport, as viewers and sponsors are attracted by tumbling records.(Photo: Male sprinter starts from blocks in athletics stadium. Credit: Getty Images)
Business Weekly
Authorities in China ordered Didi to stop taking new ride sharing customers, and banned the sale of the app, because of data sharing issues. Investors in the newly floated company are furious, but this isn’t the first kind of regulatory intervention China has made. So what’s behind this crackdown? As numerous sporting events take place this weekend we’ll be looking at the political power wielded by sports stars and what that means for the brands that sponsor them. We’ll head to a geo-thermal plant in Cornwall, UK, to find out whether the industry could provide secure, reliable renewable energy in a de-carbonised world. Plus, we’ll hear from the woman trying to make amends for her family’s part in slavery. Business Weekly is presented by Lucy Burton and produced by Clare Williamson. (Image: A vehicle of China's ride-hailing platform Didi Chuxing, Credit: Getty Images)
Climate change: the financial fight
When it comes to climate change, what is the world of finance doing? Manuela Saragosa speaks to Jan Erik Saugestad, executive vice president of Norwegian asset managers Storebrand, whose investments must meet certain environmental, social and governance standards. This week also saw finance ministers from the V20 group of countries most vulnerable to climate change meet virtually. We talk climate justice with former president of the Maldives, Mohamed Nasheed, currently speaker of the country's parliament.Produced by Benjie Guy.(Picture: coins in a jar with plant on a table. Credit Getty Images.)
Bustling or bust: How is the City of London coping after Brexit?
It’s been six months since the UK’s transition period from the EU ended. While the two sides hammered out arrangements for how various goods-producing sectors would continue to trade post-Brexit, financial services was largely left out of negotiations. We hear from the boss of Euronext, the head of securities trading at the London Stock Exchange, the man who authored a government-commissioned report on reforming the city’s listings regime, and a host of others to find out whether Brexit has been good or bad for the industry. Presented by: Victoria Criag Produced by: Stephen Ryan, Nisha Patel, Jonathan Frewin
The tyranny of merit
Can anyone make it in the modern western world with hard work and good education? No, says Harvard philosopher Michael Sandel in conversation with Ed Butler. He says liberal politicians have lied to us, which is why populist politics has taken root. So what's the solution to the failure of globalisation? (Picture: Michael Sandel addresses a theatre audience. Credit: http://justiceharvard.org)
Player power
Footballers and other athletes are standing up to the sponsors who subsidise them. Ed Butler speaks to Laurence Halsted, a former British Olympic Fencer who wrote about his concerns about the Games in Rio de Janeiro, in 2016. Sports marketing consultant Tim Crow says the involvement of people's politics in sport makes the usual bonanza for sponsors at events a lot more problematic. Martyn Ziegler, chief sports reporter at The Times, thinks the Olympics may find itself under growing pressure as players blur the messages that brands and governments are hoping to promote.Produced by Benjie Guy. (Picture: Portuguese footballer Cristiano Ronaldo at a Euro 2020 press conference. Credit: Getty Images.)
Tapping the sun beneath our feet
Could geothermal energy provide a big missing piece in the puzzle of how to decarbonise the world economy? And do we need the help of oil companies to make use of it?Laurence Knight visits the UK's first ever geothermal power project at United Downs in Cornwall. The project's managing director Dr Ryan Law says it could provide the perfect complement to solar and wind energy, while the resident geologist Hazel Farndale explains how and why they have drilled down more than 5km into Cornwall's granite beds.The last two years have seen a rush of investment and interest in geothermal energy, much of it from the traditional oil and gas fracking industry. Renewable energy journalist David Roberts describes the many innovative new techniques being developed to drill even deeper down into "superhot" rock, including lasers and microwaves.Programme contains a clip from the film There Will Be Blood, produced by Ghoulardi Film Company and directed by Paul Thomas Anderson.(Picture: 3D rendering of the Earth's core and mantel; Credit: Getty Images)