
Business Daily
2,034 episodes — Page 31 of 41
The economics of banning alcohol
After several countries banned alcohol as part of their lockdown measures, we ask if prohibition ever works?Ed Butler reports from South Africa, where a recent ban on alcohol was welcomed by some healthcare professionals and those fighting violence in the country. Harvard economist Jeffrey Miron and University of California criminologist Emily Owens discuss whether limits on alcohol are ever really effective.(Photo: A man takes beers from a fridge inside a liquor shop in Soweto, Johannesburg, on June 1, 2020; Credit: Getty Images)
Democracy for sale?
Journalist Peter Geoghegan describes the many ways in which private money is corrupting democratic politics, encouraging chaos and fuelling public cynicism.In an extended interview with the BBC's Ed Butler, the Irish author and broadcaster explains a Brexit campaign advert that he happened to come across in a local newspaper while visiting the city of Sunderland in the north of England led him to investigate where the money funding the Leave campaign was coming from. It led him to explore how business and political interests - often from foreign countries - were able over decades to shift the political discourse in Western liberal democracies in their favour.(Picture: US flag made out of one dollar bills; Credit: Matt Anderson Photography/Getty Images)
Why doesn’t the economy care about older women?
Many women feel they are ignored by the larger economy after they reach a certain age, and some of them aren't willing to accept that. Tamasin Ford speaks to Bonnie Marcus, host of the Badass Women at Any Age podcast, who explains how women over 60 can deal with the double-whammy of sexism and ageism in business. Meanwhile, Tricia Cusden tells us about how she started up the cosmetics retailer Look Fabulous Forever - a business run by and for women in their older years. And Ruth Saunders, author of Female Entrepreneurs: The Secrets of Their Success, explains why the larger business community would be smart to think more about older women in the economy.Producer: Frey Lindsay(Picture: Older woman looking fabulous; Credit: Getty Images)
Business Weekly
As evidence mounts that Chinese authorities are continuing to incarcerate Uighur Muslims in work camps in the North West of the country we discuss the steps foreign companies should be taking to ensure their businesses don’t benefit from enforced labour. We also have a report on what could be the most severe housing crisis in the recent history of the US. In yet another consequence of the coronavirus pandemic; tenants are struggling to keep up rental payments and risk eviction. As lessons resume across many parts of the world we hear how some countries are managing to teach children who can’t go back to the classroom - and don’t have access to computers or the internet.Plus, as facemarks become compulsory in shared workplaces in France we hear from a top health expert who says mask wearing should be non-negotiable.Business weekly is presented by Lucy Burton and produced by Clare Williamson.(Image: T-shirts hanging on a garment rail, Image credit: Getty Images)
Africa's malware problem
Many Africans are buying Chinese-made smartphones that steal their information. Investigations have shown that the cheap devices are pre-installed with a kind of malware that drains the data allowance and in some cases signs the user up to subscription services without their knowledge. Nathan Collier, from security firm Malwarebytes explains how it works. But David Li of Shenzhen Open Innovation Lab says he's not convinced Chinese manufacturers are to blame for the problem. Meanwhile, with data literacy a big problem in Africa, Kenneth Adu-Amanfoh, Executive Director of ACDRO in Ghana says better consumer education is needed.(Picture: A woman on her phone in Nigeria. Picture credit: Getty Images)
Can Western universities survive without China?
Some universities fear they have become too financially dependent on fee-paying Chinese students - and thanks to Covid-19, many of them are staying away this year.Salvatore Babones, an associate professor at the University of Sydney, says Australia is particularly vulnerable to this, while Vivienne Stern of Universities UK says it’s just one of a number of serious concerns for UK and US universities. We also hear from Chinese students already in the UK about whether they think it’s worth continuing.(Picture: An empty classroom at an Italian University; Credit: Getty Images)
Would you buy a T-shirt made with slave labour?
China is accused of detaining millions of people from the Uighur ethnic minority and forcing them to work in factories. Pressure is mounting on foreign businesses to ensure material they source from China does not benefit from that forced labour. Alison Killing, an architect and investigator has found that 268 detention facilities have been built in the Xinjiang province in North-West China in just the last few years. Supply chain expert Kate Larsen says companies are often more at risk of exposure to forced labour than they might realise. But Craig Allen of the US China Business Council says US protections already exist to keep companies away from Uighur labour. And Max Zenglein of the Mercator Institute for China Studies says there are substantial incentives for companies to look the other way.Produced by Frey Lindsay(Picture: An alleged Uighur detention facility. Picture credit: Getty Images.)
Restaurants adapting to survive
Catering and hospitality are among the sectors worst hit by the global coronavirus pandemic, with many governments banning in-house dining. Manuela Saragosa speaks to New York Chef Anna Klinger, who owns and manages Al Di La, a Trattoria in Brooklyn. Ka Yi Ong who runs Mini Star, a Singapore eatery that specialises in stinky tofu tells us about its new and very successful delivery service. Michelin-starred chef Kevin Meehan of Kali restaurant in Hollywood explains how a creative make-over for his parking lot is helping business tick over and Elizabeth Hotson visits Coupette, a high end cocktail bar in London where manager Andrei Marcu is delighted to be mixing champagne piña coladas for drink-in customers. Plus, we hear from Richard Vines, chief food critic at Bloomberg News in London. Producer: Elizabeth Hotson. (Picture description: A food vendor wearing a face mask at a hawker centre in Singapore by Roslan Rahman).
Boredom: The secret to creativity?
Why being bored might be good for us. Ed Butler speaks to Kate Greene, a science writer who experienced months of isolation as part of a project to test how astronauts might cope with the boredom of a long trip to Mars. John Eastwood from the Boredom Lab at York University in Toronto and Erin Westgate from the University of Florida discuss the impact boredom can have on our ability to work. Dr Sandi Mann, author of The Upside of Downtime argues that boredom can be the secret to creative thought.(Photo: A woman bored at work, Credit: Getty Images)
Business Weekly
Two ancient and archeologically priceless rock shelters in Western Australia were destroyed earlier this year by the mining company Rio Tinto. On this episode of Business Weekly we ask whether the punitive measures imposed on senior executives this week are tough enough. Could biotechnology transform the way we eat and the way we treat animals? We investigate the future of food and find out how a cat food made from mouse meat could be made without harming any mice. As workers in the UK are seemingly unwilling to return to city centre offices during the Coronavirus pandemic, we wonder what these spaces will look like in the years to come. And we look at the romance scammers who are conning lonely hearts on social media. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Biotech: The future of farming
Does farming as we know it have a future? We hear from those who argue biotechnology is about to disrupt agriculture for good.Shifting diets and food sources will put one million US farming jobs at risk, according to futurist Tony Seba of the think-tank Rethink X.But cattle farmers are not about to give up their livelihoods so easily. We hear from British farmer Andrew Loftus and Danielle Beck of the National Cattlemen’s Beef Association in the US.Manuela Saragosa also speaks to Henning Steinfeld at the United Nations Food and Agriculture Organisation.Producers: Laurence Knight and Szu Ping Chan.(Photo: a cow in a field. Credit: Getty Images)
Romance scamming: A global industry
Many of us will have noticed 'friend' or 'follow' requests on our social media from strangers with profiles which don’t quite ring true. They mainly use cloned pictures, often taken from accounts of those in the US military. Zoe Kleinman investigates the global industry of romance scamming, which can have tragic consequences. Zoe hears from Lisa Forte, a cyber security expert from Red Goat Security, Professor Alan Woodward from Surrey University, and she goes into the tragic story of Renee Holland, as investigated by Jack Nicas of the New York Times. With thanks to the New York Times for their material. Producer: Sarah Treanor.(Photo: Mobile phone display. Credit: Getty Images)
Education in Africa
Is the continent looking at a lost generation of students as Covid-19 forces the majority of education ministries to scrap the entire 2020 Academic year?Tamasin Forde speaks to Folawe Omikunle the CEO of Teach for Nigeria, a charity that places leaders into under-served primary schools as teachers. She says Covid has shone a light on their already crumbling education sector. Professor Lilian Salami is the Vice Chancellor of Nigeria’s University of Benin in Benin City. They closed in February like many across the country and she tells Tamasin they weren’t able to offer any remote learning for their students because of a lack of infrastructure in their area. And Philip Pleiwon is the founder of Imano, an online platform that aggregates open source free content from around the world as well as individual university syllabuses. He says higher learning institutions are now finally clamouring to get online. (Picture description - students chairs and desks are arranged in order to maintain social distancing at Agidingbi Senior Grammar School, Ikeja, Lagos, Nigeria. Photo by Adekunle Ajayi via Getty Images).
A nudge in the right direction
Can a simple nudge change behaviour for the common good - even in potentially life and death situations? Elizabeth Hotson talks to Helena Rubenstein, Head of Behavioural Science of Innovia Technology, about a successful experiment to stop drink driving and Martine Visser, economics professor at the university of Cape Town, explains how nudging the inhabitants of South Africa’s most populous city to use less water, averted Day Zero. Plus Erez Yoeli, a research associate in altruism at MIT tells us how selfish people can be persuaded to act in everyone’s best interests. And Ravi Gurumurthy CEO of charity, Nesta, explains how the Behavioural Insights Team applies behavioural science to public policy. Produced by Sarah Treanor. (Picture of bing soo by Elizabeth Hotson).
Business Weekly
Protests have continued in the former Soviet country of Belarus this week and workers have started to strike. How will that affect the struggle for reform and what does it mean for the future of the economy? We hear from businesses there trying to plan for the future. We also hear how women have been disproportionately affected by the coronavirus pandemic. Some analysts say the fight for gender equality has been put back 50 years. In Beirut, business owners are trying to pick up the pieces of their lives and livelihoods, following the explosion which tore through their city. They tell us their stories. Plus, how does a socially distanced concert work? We hear from the organisers of the first of these new type of gigs in the UK. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Will TikTok find a US buyer?
President Trump has given the Chinese-owned video-sharing app TikTok a deadline to sell off its US operations, or else he will have it shut down in the country. Microsoft and Oracle have been rumoured to be interested.Russell Brandom of tech site The Verge tells Ed Butler that the extent of what's on offer is over-hyped. But Jason Davis, associate professor of entrepreneurship at Insead says a US-only version of the app would still have considerable merit. In any case, Sandra Wachter, associate professor at the Oxford Internet Institute, says the threat President Trump thinks TikTok represents won't go away simply by shaving off its US operations.Producer: Edwin Lane(Picture Credit: Getty Images.)
Sudan: Dealing with Covid and Sanctions
Efforts to get healthcare and support materials into Sudan to assist their battle against Coroniavirus are being impeded by sanctions on the country. Although many sanctions have been lifted, Sudan is still listed as a state sponsor of terrorism by the United States, meaning many companies are barred from dealing with the country. Dr Husain Abuakar, head of the emergency department at Omdurman Teaching Hospital in Khartoum, tells us how they've had to make do without vital medical equipment, and his concerns about a second wave. Meanwhile, Dr Sara Abdelgalil of the Sudanese Doctors Union explains how difficult it is for her and other diaspora Sudanese healthcare workers to support their colleagues in Sudan, financially as well as in terms of information-sharing. And Madeleine Crowther from the UK-based charity Waging Peace explains how Sudan ended up on the state sponsor of terrorism list to begin with and why it might soon be off it.Producer: Frey Lindsay.(Picture: A man wearing a face mask in Khartoum. Picture credit: Getty Images)
Breaking the silence in Belarus
President Lukashenko has remained defiant in the face of growing protests at his disputed re-election, threatening striking workers with being fired, in a stand-off that could last a long time.Even state broadcasters are raising their voices, as former state TV presenter Dmitry Kohno explains. Ed Butler hears from two leaders in Belarus’ burgeoning tech sector, who worry both for the sector’s continued growth, and their own safety. And economists Anders Aslund and Sergei Guriev question whether Belarus can ever compete as a market economy, or move away from its reliance on Russia.Producer: Frey Lindsay(Picture: Protesters stage a rally in Independence Square, Minsk; Credit: Getty Images)
African women and Covid
Coronavirus has impacted economies in every corner of the globe but there’s a fear it’s hitting women’s economic opportunities hardest. Tamasin Ford explores how women in Africa are affected. Lisa Kolovich is an economist at the IMF which is warning the pandemic threatens to roll back gains in women’s economic opportunities despite decades of progress. South African feminist and activist Shamillah Wilson says women’s voices are not being heard at policy level. And Tennen B Dalieh, a government worker and a feminist in Liberia says women and girls are bearing the brunt of the country's second pandemic in a decade.
Coronavirus: A disaster for feminism?
The impact of the pandemic on gender inequality. Tamasin Ford speaks to Lauren Currie, CEO of Stride and founder of Upfront - organisations focused on getting women’s voices heard - and Gill Whitty Collins, author of Why Men Win at Work, about how the strains of the pandemic have disproportionately affected women. Saunoamaali’i Dr Karanina Sumeo, New Zealand’s equal opportunities commissioner, explains why having more women at the table when policy decisions are made is part of the solution.(Photo: A woman works from home while caring for a child, Credit: Getty Images)
Business Weekly
In this week’s programme we’ll be looking at the family rift in Syria which threatens yet more turmoil for the war-torn country. Just why is the country’s richest man defying his cousin - the President? Is there still a free press in Hong Kong - and if not, what does that mean for its status as a financial centre? That’s one of the questions we’ll be trying to answer after the media tycoon and pro-democracy advocate Jimmy Lai was arrested. We’ll also be examining the UK’s latest GDP figures, which saw the country fall into the first recession since the financial crisis. Why has the G7 nation suffered a bigger fall than any other major economy? Plus, we’ll be chatting to a couple of millionaires who tell us how they are far more frugal than we might imagine. Presented by Lucy Burton and produced by Matthew Davies.
Destruction and corruption in Beirut
The businesses hoping to rebuild after Beirut's port explosion. Tamasin Ford speaks to Aline Kamakian, whose restaurant and office were both destroyed in the disaster, and to Joumana Saddi Chaya, managing partner at PSLab, a design company, who was also caught in the blast. Julien Courson, head of the Lebanese Transparency Association, explains why corruption remains such a persistent problem in Lebanese life and business, before and after the disaster. The BBC's diplomatic correspondent Paul Adams tells us the strange tale of the ship that delivered the explosive cargo to Beirut's port, and the failures that allowed it to stay there for so long.Producer: Edwin Lane(Photo: Smoke rises above wrecked buildings at Beirut's port a day after the devastating explosion. Credit: Getty Images)
Does online networking work?
Conferences during Covid-19: Jane Wakefield explores the challenges that big international events have faced this year in moving events online.She speaks to Paddy Cosgrave, chief executive of the giant technology event Web Summit, and Chris Anderson from TED. Plus social scientist Elizabeth Dunn explains why there is true “magic” in meeting face-to-face.Producer: Sarah Treanor(Picture: Woman on a laptop with a headache; Credit: Getty Images)
US evictions crisis?
Millions of Americans face loss of benefits and eviction, threatening to push the US into a deepening recession, after Congress failed to extend the Cares Act.Ed Butler speaks to Maryland resident Sifu about her eviction by an aggressive landlord, while Alieza Durana of the Eviction Lab at Princeton University explains the broader impact of the lapsing legislation on tenants throughout the country.Michael Strain of the American Enterprise Institute think tank gives his free-market take on the effectiveness of the Cares Act and President Trump’s intervention to keep some level of benefits going. Plus Moody's chief economist Mark Zandi says the political deadlock in Washington risks economic depression.(Picture: Banners against eviction in Washington DC; Credit: Eric Baradat/AFP via Getty Images)
A family rift in Syria
Why does the President of Syria seemingly want to destroy his cousin Rami Makhlouf?President Bashar al-Assad of Syria seems hell-bent on unseating his first cousin, and Syria's richest man, from his multi-billion dollar holdings. But Rami Makhlouf, is defying the President to his face. What's going on, what's at stake for Syria?Ed Butler speaks to the BBC's Middle East editor Jeremy Bowen. Plus he asks Ayman Abdel-Nour, a former economic advisor to the Syrian ruling party who knew Bashar al Assad at university, what he thinks is going on.(Picture: Syrian businessman Rami Makhlouf; Credit: Louai Beshara/Getty Images)
Rich and frugal?
Why do some of the super rich describe themselves as frugal? Is it something about the inner psyche that makes us natural savers or spenders? Elizabeth Hotson speaks to Dolly Parton, who despite earning millions, doesn’t particularly enjoy spending it. We also hear from Karam Hinduja, banker and scion of the billionaire Hinduja family. Tech entrepreneur, Richard Skellett tells us why he sees being wealthy as a responsibility, plus we hear from big savers, Tim Connor and Francesca Armstrong. We're also joined by Sarah Fallaw, author of The Next Millionaire Next Door, Rachel Sherman, author of Uneasy Street: The Anxieties of Affluence and Elin Helander, behavioural economist, neurologist and Chief Scientific Officer at Dreams, a money-saving app. Producers: Elizabeth Hotson and Sarah Treanor. (picture of a piggy bank via Getty Images).
Business Weekly
Lockdowns around the world has seen our energy usage plunge, but as restrictions ease will countries build back better? On Business Weekly we get the view of veteran scientist James Lovelock as he celebrates his 101st birthday. We ask him his predictions for planet earth.We also head to Ghana, where we take a look at efforts to reinvigorate the economy by attracting disillusioned African Americans to visit and start a new life there. Plus, if you’re missing watching you’re favourite bands, some artists are coming up with novel ways to get around bans on concerts.
Paid not to work: Burden or opportunity?
In order to try and stem a wave of coronavirus-induced unemployment, governments around the world introduced job retention schemes. Many of these are being rolled back or withdrawn and Elizabeth Hotson asks whether the interventions got people out the habit of work or opened up new opportunities. We speak to three workers placed on furlough - gardening enthusiast, Carol Peett; single parent, Naomi Empowers and keen baker, Chinelo Awa. Plus New York law firm partner, Greg Rinckey tells us about some of the unexpected consequences of the CARES act in the US and Sarah Damaske, Associate Professor of Sociology at Penn State University, tells us that furlough wasn’t necessarily a chance to relax. (Photo: Naomi Empowers, with kind permission)
Trump's climate rollback
Environmental regulations are being systematically weakened and repealed by the US government.Justin Rowlatt speaks to someone trying to keep track of it all - Michael Gerrard of Columbia Law School. He also hears from Maria Caffrey, a climate scientist who lost her job at the US National Park Service after blowing the whistle about how her research was being suppressed - and she says she is not the only one.Climate sceptic Myron Ebell of the Competitive Enterprise Institute explains why the environmental rollback is good news for the US economy, while climate futurist Alex Steffen says humanity will be the living with the consequences of Trump's delay of climate action for generations to come.With Democratic challenger Joe Biden having unveiled an unprecedentedly ambitious climate plan, it means there is all to play for in the November Presidential elections.Producer: Laurence Knight(Picture: Donald Trump holds up a "Trump Digs Coal" sign at an event in Huntington, West Virginia; Credit: Saul Loeb/AFP via Getty Images)
Evading sanctions
How easy is it to get around sanctions? The US has for some years used financial sanctions to target those it blames for corruption or supporting terrorism. But do these measures work? We hear the latest evidence that it may be quite easy to get round sanctions and asset freezes. Producer: Frey Lindsay. (Picture: Suitcase full of cash; Credit: seyfettinozel/Getty Images)
Will live streaming gigs save the music industry?
Musicians tell us how they are finding innovative ways to get around the pandemic and perform live to their fans.It's a very real problem - the BBC's arts editor Will Gompertz tells Ed Butler of the frustrations of performers like Beverley Knight (pictured) having to perform to half-empty auditoriums in order to ensure social distancing.Two singer-songwriters tell us the novel methods they've taken up during lockdown. Dent May describes his first live-stream performance from his own home, while Laura Marling put on a live staged performance for a limited ticketed online audience. The brainchild behind Laura's, music promoter Ric Salmon of Drift Live, says he thinks the concept will prove more than just a quick fix for Covid-19.(Picture: Beverley Knight performing to a live audience at the London Palladium; Credit: Andy Paradise/BBC)
"Gaia Hypothesis" creator celebrates 101 years
Veteran environmentalist James Lovelock reflects on his career and the planet's future, as he turns 101 years old. The independent scientist, Wollaston medal recipient and inventor of the Gaia Hypothesis sits down with the BBC’s Chief Environment correspondent Justin Rowlatt to talk about his humble upbringing between the two World Wars, his inventions that helped propel the green movement, as well as his thoughts on the over-specialisation of the university system, and the future of human life on Earth.(Picture: James Lovelock. Picture Credit: BBC)
Business Weekly
It’s estimated that a quarter of a billion people could lose their jobs as a result of the coronavirus pandemic. On Business Weekly we ask whether governments need to rethink the way they deal with mass unemployment.We also head to the salt flats of Bolivia to find out whether the untapped lithium reserves there will be a blessing or a curse for the South American country.Plus, we’ll discover why you’ll need to bring a coat if you go out for coffee in France and find out why doctors are putting pictures of themselves in bikinis on social media.Presented by Lucy Burton.
Homeworking: Is it messing with your head?
Working from home could outlast the pandemic. But workers' experiences with homeworking in lockdown are not all positive. Manuela Saragosa speaks to some office workers who've struggled to adapt to home life, and to Dr Zofia Bajorek, research fellow at the Institute for Employment Studies in the UK, who's been surveying workers on the pressures they've faced in lockdown. Cary Cooper, professor of organisational psychology and health at Manchester Business School, explains why face-to-face contact is so important for innovation in the workplace, and why flexible working with a mix of office and home will ultimately make us all happier. (Photo: A woman works from home, Credit: Getty Images)
Bolivia's lithium bonanza
The Salar de Uyuni is a stunning pristine salt flat high in the Andes - it is also the world's biggest lithium deposit, worth many billions of dollars.Ed Butler asks whether this as yet untapped resource will prove a blessing or a curse for the people of Bolivia. It has already played a role in the political instability that brought down the country's long-time socialist president, Evo Morales, last year.Daniela Sanchez-Lopez, an expert in the geopolitics of clean energy at Cambridge University and herself Bolivian, explains how the exploding demand for lithium batteries for electric vehicles and renewable energy storage, means that many powerful nations have their eyes on the salt flat.Among them is Germany. Ed speaks to Wolfgang Schmutz, founder of ACI Group, the clean energy company that had won a contract to develop the lithium deposit, before being dumped during the political unrest last year. We also hear from Gunnar Valda, head of the Bolivian state lithium company YLB.Producer: Laurence Knight(Picture: Woman standing on the Salar de Uyuni; Credit: hadynyah/Getty Images)
What actually happened in Sweden?
Sweden, a nation of 10 million, has one of the highest death rates per capita in the world, far above its Scandinavian neighbours. A decision was taken early on in the coronavirus pandemic not to put Sweden into lockdown. Lena Einhorn, a Swedish virologist explains why she was opposed to that decision. The state health authority were pursuing a strategy they thought would benefit both the economy and public health, but Jacob Kirkegaard of the Peterson Institute for International Economics says that strategy didn’t do either. That said, Swedish companies, particularly those with domestic focus, have done better than expected, as Esbjörn Lundevall from the Nordic SEB bank explains. (Picture: The Swedish flag flying in Stockholm. Picture credit: Getty Images?)
Are companies really committed to diversity?
US companies are spending around $8 billion a year on diversity training. Neal Goodman has been running “unconscious bias” training for decades, and explains to Manuela Saragosa how it works. But Pamela Newkirk, journalist and author of 'Diversity, Inc.' says diversity training is often more about box ticking than actually getting results. And Betsy Levy Paluck of Princeton University says such training may even backfire if not done right. (Picture credit: Getty Creative)
Dealing with mass unemployment
It’s estimated that the coronavirus pandemic will leave a quarter of a billion people out of work this year. Many of the jobs lost may never come back. Elisabeth Reynolds at the Massachusetts Institute of Technology says governments must take more radical action.And with its generous benefits system and flexible jobs market, what can Denmark teach us about navigating the post-Covid jobs landscape? We ask Jacob Kirkegaard, senior fellow at the Peterson Institute.Photo: A man stands in front of the closed offices of the New York State Department of Labour (Credit: Getty Images).
Business Weekly
After the second-longest summit in the bloc's history, EU leaders agree a deal between themselves for a coronavirus economic recovery plan worth hundreds of billions of euros. But will it keep the so-called Frugal Four satisfied? And is now the time to reassess the health insurance industry in the United States? Plus, why Kenyan farmers have been hit by a drop in Muslim pilgrim numbers for the upcoming Hajj.
Brexit: still worth it?
It’s going to be more expensive for British firms to trade with the European Union after the end of this year. That’s when the real Brexit takes place. We ask Alastair Macmillian, a Brexit-supporting business owner, whether he thinks leaving the EU is still worth it.Alex Veitch, head of international policy at the UK Freight Transport Association, explains what the extra red tape means for the industry. And we hear from Peter Foster, public policy editor at the Financial Times.Photo: The flags of the UK and EU are pictured at the European Council headquarters in Brussels (Credit: Getty Images)
TikTok under pressure
Can TikTok survive as a US-based social media platform? The social media app owned by a Chinese company, is prompting suspicion in Washington at the moment. Amidst rising US-China tensions, are suspicions that the company is using spyware justified? James Lewis, a veteran cyber-expert at the Center for Strategic and International Studies in Washington DC says the administrations doubts are probably unjustified. Louise Matsakis, a staff writer for Wired magazine says all social media platforms in the US need to be more heavily regulated. Plus Zach King, currently the world's third best paid TikToker who has amassed a staggering 41 million followers worldwide tells Ed Butler about how he uses the site to make millions of dollars. (Picture credit: Getty Images)
Coronavirus: A killer blow to US healthcare?
The coronavirus pandemic is stretching the US healthcare system to breaking point, with tens of millions of people losing their employment-related coverage. One such person is Susan, a breast cancer survivor who has had to avoid vital check-ups after being made redundant as a bartender in New York. And there are many more like her. Kaiser Family Foundation Data Scientist Cynthia Cox explains how difficult it is to know how many people are actually without healthcare right now. Dr Adam Gaffney, a pulmonary and critical care doctor and instructor at Harvard Medical School says the insurance-led model already was in need of a drastic overhaul, while Mary Grealy of the Healthcare Leadership Council counters that the system does still work and offers greater choice to the consumer. And LaRay Brown, who leads the One Brooklyn Health System, describes how the pandemic is having a devastating effect on hospitals’ finances. Will the US health system stand up to the strain of Covid-19, and its economic disruption?(Picture credit: Getty Images)
Changing career in a pandemic
Some people aren’t letting coronavirus put their plans on hold. On today’s Business Daily, the BBC’s Katie Prescott meets several people dealing with the uncertainty of change in a pandemic. We’ll hear from Sharon, who is considering switching employer, and Sandra who is seizing the opportunity of a coronavirus-related redundancy to start her own business. We’ll also hear from entrepreneur and author Margaret Heffernan how we all accept some amount of uncertainty when making changes.(Picture credit: Getty Images.)
Designing a better city
Can the lessons learned during Coronavirus help make urban environments smarter? The BBC’s Jane Wakefield meets the people trying to find out. Guillem Camprodon of the Fab Lab in Barcelona explains how local city sensors can be used to measure noise pollution, while Professor Phil James, director of the Urban Observatory programme in Newcastle, discusses the potential and limitations of collecting data on all aspects of daily life. Richard Sennett, Senior Advisor to the United Nations on its Urban Initiatives Group, says post-pandemic, we might need to rethink how we use space, and Daniela Rus of the MIT Computer Science and Artificial Intelligence Laboratory, suggests ways we can use task robots to reduce risk to humans.(Picture: An aerial view of Tokyo. Picture credit: Getty Images.)
Business Weekly
In Business Weekly, we investigate racial discrimination in the banking system and find out how this affects the businesses owned by people of colour. We also ask why so few governments plan effectively for catastrophes. We hear about the impact that had on the ability to react to Covid-19 and what it might mean for future challenges. Plus, we hear from the Welsh choir who are longing to sing together once again. Presented by Lucy Burton.
Fixing world trade
Trade wars have blighted the global economy in the last four years. What will it take to restore order? Much will depend on who takes over the leadership of the World Trade Organisation, the institution tasked with guiding and policing the rules-based global trading system. There are eight official candidates for the WTO top job. We speak to Mexico’s candidate, Jesus Seade, about how - and what - needs fixing, with commentary from the BBC’s economics correspondent Andrew Walker.(Photo: WTO director general candidate Jesus Seade; Credit: Getty Images)
China's plan to redesign the internet
Huawei's expulsion from the UK's 5G network is the latest development in a growing US-China cyber cold war - but Beijing has bigger plans afoot.Cyber-security consultant Dominique Lazanski explains how the Chinese authorities are proposing to replace the data protocols that underpin the current flexible, open internet with ones that would enable national governments to exert much greater top-down control within their borders.Meanwhile US President Trump continues to focus his ire on telecoms equipment maker Huawei, and major Chinese tech firms. Laurence Knight gets the latest from the BBC's Asia business correspondent Karishma Vaswani. Plus, Justin Sherman of the Atlantic Council think tank in Washington DC fears that if the US doesn't start working with other democracies, then the free, open internet we have grown up with may struggle to survive.(Picture: Abstract Globe With Glowing Networks; Credit: imaginima/Getty Images)
Homeworking's winners and losers
The economic impact of the working-from-home revolution. Edwin Lane speaks to remote tech worker Heather May about why she's swapped the office and the big city for rural Alabama, and to Aaron Bolzle, executive director of Tulsa Remote - a programme to attract remote workers from around the US to Tulsa, Oklahoma. Manuela Saragosa hears from Stanford University economist Nicholas Bloom about why a boom in working from home during the coronavirus pandemic could increase inequality, and digital economy researcher Sarah Bana tells us why some countries are better than others at home working.(Photo: A woman works on laptop at home, Credit: Getty Images)
Venture capital's diversity problem
Will the Black Lives Matter movement bring change to an industry accused of being too white?Nick Kelly, a black entrepreneur who runs Axela Ltd, says venture capital funds would only consider a certain kind of business idea from black entrepreneurs. He didn't raise any money from them when he went asking yet his business is now worth around $10 million. Kenny Alegbe of HomeHero, another black entrepreneur says he only got investment from VC funds when he looked outside of the usual set of funds. Plus Manuela Saragosa speaks to Tracy Gray who runs the 22 Fund. She is a rarity in the VC community. She is female and a black investor, and says there has been no change in the VC world for the 20 years that she's worked in it.(Picture: Black businesswoman looking at male colleagues whispering; Credit: XiXinXing/Getty Images)
Why do we ignore catastrophic risk?
Covid-19 is showing up a general failure by most of the world's governments to prepare for the worst.Manuela Saragosa speaks to Dr Sylvie Briand at the World Health Organization, whose job is to get the world ready for new infectious outbreaks like coronavirus. What was it like for her exhortations to fall on deaf ears up until this year? How prepared was the WHO itself, and does she fear the consequences if the multilateral organisation is defunded?Meanwhile, author and risk consultant David Ropeik explains why human nature makes us so bad at taking action to ward of disasters that happen once in a blue moon. And Jens Orback, head of the Global Challenges Foundation, says pandemics are only one of a host of terrifying cataclysms that we disregard at our peril.Producer: Laurence Knight(Picture: Asteroid striking the Earth; Credit: puchan/Getty Images)