
Business Daily
2,058 episodes — Page 37 of 42
The world is running out of sand
The global construction boom is fuelling an illegal trade in sand used to make concrete, causing environmental degradation and spawning sand mafias in parts of the world. Manuela Saragosa speaks to Prem Mahadevan of the Global Initiative Against Transnational Organised Crime, on what is becoming a global phenomenon. Campaigner Sumaira Abdulali, founder of the Awaaz Foundation NGO in India, recounts how she confronted illegal sand miners who were destroying a stretch of beach she owns south of Mumbai, and John Orr, Cambridge University lecturer in concrete structures, on how we could use less sand in construction.Producer: Laurence Knight(Photo: Illegal sand mining in Senegal, Credit: Getty Images)
Can technology read minds?
The business of brain data. Real-life mind-reading technology is being developed right now, and it's already being used in places like China. Ed Butler investigates what the technology can really do, and what the implications might be for our privacy and freedoms.Producer: Laurence Knight(Photo: A brain scan, Credit: Getty Images)
Brand Britain and Brexit
What the rest of the world makes of the UK's Brexit crisis. Manuela Saragosa speaks to Jane Foley, head of foreign exchange strategy at Rabobank, about what the pound's value says about the state of the nation. Jiao Li, co-founder of a company called Crayfish, which helps UK companies better engage with China, explains why cheaper British goods are making them more attractive to Chinese buyers. And Washington Post columnist Anne Applebaum on the view from Europe. (Photo: Union Jack paraphernalia, Credit: Getty Images)
The hipster company that wants to save the world
Is WeWork an exciting new tech firm with lofty ideals worth $47bn, or is it just an over-priced office rental business?Manuela Saragosa speaks to two sceptics. Rett Wallace of investment advisory firm Triton says the prospectus for WeWork's forthcoming stock market flotation is long on aspirational zen, but rather short on hard financial details. Meanwhile Vijay Govindarajan, business strategy professor at Dartmouth College, is unimpressed by the company's attempt to brand itself as a tech firm.But plenty of WeWork's tenants are convinced of the value of the service they provide, among them Matt Hubert of software engineers Bitmatica, although he wishes his landlord would cut some of the philosophical waffle and focus on what they are good at.(Picture: WeWork member works in her office space at WeWork Union Station; Credit: Andy Cross/The Denver Post via Getty Images)
Air pollution gets personal
Can a greater understanding of how poor air quality harms us, enable us to tackle this urgent problem?Jane Wakefield meets British artist Michael Pinsky and explores an interactive art instillation mimicking the air of five parts of the world. She hears from Romain Lacombe of the personal pollution sensor company Plume Labs how tracking the air around you can help to design better policies at a city level. Plus Robert Muggah of the Igarape Institute talks through how his interactive maps tracking global pollution can be used by policymakers and city mayors.(Picture: Woman wearing face mask because of air pollution in the city; Credit: Jun/Getty Images)
Hollywood vs Netflix
How are movie producers making money in the age of online streaming? In Hollywood, if you produce a hit show or blockbuster movie, a cut of the profits can lead to extraordinary wealth. That could mean producers lowering their salaries to get a percentage of the box office. But Netflix and other streaming services don’t play by old Hollywood’s rules. The BBC’s Regan Morris speaks to executives and producers about how Hollywood’s business model is changing as a content arms race from the streaming services transforms the film industry. She speaks to YouTuber Lizzy Sharer; Producers Guild of America co-presidents Gail Berman and Lucy Fisher; producer Rob Henry; and Disney executive Kevin Mayer.(Picture: 35mm film reel and movie clapper on wooden background; Credit: fergregory/Getty Images)
Can we trust Rwanda's data?
Is Rwanda's economic success story really all it's cracked up to be? Ed Butler speaks to Tom Wilson, east Africa correspondent at the Financial Times, about some supposedly dodgy statistics behind the economic miracle, and the World Bank aid money reliant upon it. And a former economic advisor to the Rwandan president Paul Kagame describes how economic statistics were routinely distorted during his time in government.(Photo: Rwandan president Paul Kagame, Credit: Getty Images)
Dying for insulin in the USA
Why do Americans have to pay so much for this life-saving drug? There are reports of some uninsured diabetics dying as a consequence. Even the health insurers and drug manufacturers say the pricing system is broken.Manuela Saragosa speaks to Laura Marston, a type-1 diabetes sufferer and campaigner from Washington DC, about how she had to sell her house and leave her hometown just to get access to affordable insulin - and she says she is one of the lucky ones. Meanwhile the US Congress and various state law enforcement agencies are now looking into why the price of insulin is so many times higher in the US than in other developed countries. So who is to blame? Robert Zirkelbach, executive vice president of the Pharmaceutical Research and Manufacturers of America, represents the drugs companies, while David Merritt, executive vice president of public affairs at America's Health Insurance Plans, represents the insurers.(Photo: Insulin being produced at a factory in France; Credit: Getty Images)
How can women take charge of their finances?
Is the wealth management industry still too geared towards male clients? And how do women plan their finances in countries where they don't even have an equal right to inherit?Katie Prescott explores the financial literacy gender gap, and how it is slowly being bridged. She speaks to Natasha Pope, private wealth advisor at Goldman Sachs, who explains how their increasing number of wealthy female clients can take a very different approach to planning their financial futures.Meanwhile the BBC's Georgia Tolley speaks to women in Dubai about the precarious position many Emirati women find themselves in, as the traditional paternalistic role of men in caring for female family members erodes, yet the law does not yet provide genuine financial equality to both genders.(Picture: Woman analysing financial documents; Credit: Natee127/Getty Images)
Why not buy Greenland?
What does Donald Trump's shock proposal to buy the island from Denmark tells us about modern-day sovereignty and Arctic geopolitics?Manuela Saragosa puts the question to two law professors. Joseph Blocher of Duke University explains why the practice of nations buying and selling large tracts of land fell out of favour, and whether it could make a comeback, while Rachael Lorna Johnstone of the University of Akureyri in Iceland says the reaction from the Danish government to Trump's Greenland offer shows how Europeans take the self determination of formally colonised peoples seriously.Plus Mikaa Mered, professor of Arctic & Antarctic geopolitics at the Ileri School of International Relations in Paris, says the Trump's offer belies his administration's claim not to believe in climate change.And if you cannot buy another country, why not just carve out your own one? Kevin Baugh is the self-styled President of the Republic of Molossia, a few acres of desert in Nevada and California that has its own customs, passports and national anthem.(Picture: Old map depicting Greenland and Iceland; Credit: JeanUrsula/Getty Images)
The challenges facing Syrian refugees in Turkey
As authorities in Istanbul start evicting undocumented migrants from their city, we look at the challenges facing Syrians generally in Turkey. Shrinking wages, child labour, and increasing hostility from many locals, are Syrians now paying the price of Turkey's economic slowdown?(Photo: Placards are displayed by people gathered to protest against the Turkish government's recent refugee action, July 27, 2019. Credit: Getty Images.)
Ecommerce in Africa - still finding its way
Will Jumia and other online retailers overcome a lack of infrastructure, wealth and consumer trust to conquer the African market?Jumia is widely seen by investors as Africa's answer to Amazon and Alibaba. It launched its shares onto the New York Stock Exchange in April. But despite a billion-dollar valuation and rapid sales growth, the company is not yet turning a profit. Ed Butler speaks to Kinda Chebib at Euromonitor Digital, as well as Aanu Adeoye, managing editor at Nigeria's leading online technology magazine TechCabal.com, to understand the challenges facing Jumia and other ecommerce platforms, not least the problem that many customers do not trust its delivery people or payments systems.Jumia's Ugandan CEO, Ron Kawamara, tells us why he is confident that these problems can be overcome. Meanwhile Daniel Yu, founder of the rival business-to-business platform Sokowatch, explains why he draws inspiration from the success of similar firms in China, India and other developing countries.(Picture: A Jumia delivery man looks at his phone as he sits on a transporter in Abidjan, Nigeria; Credit: Issouf Sanogo/AFP/Getty Images)
Helping Africa feed itself
Much of east Africa has the potential to be a food basket for the region. But 250 million Africans remain undernourished and many depend on international food aid. That aid is often tied to donor countries export plans, there are wars, drought and famine made worse by climate change. Amy Jadesimi of the Nigerian logistics hub Ladol explains the impact that globalisation and aid dependency have had on African farmers. So what can be done? We hear about the success of the Africa Improved Foods project, started 2 years ago in Rwanda. (Photo: A fruit seller woman poses for a photo at a market in Abidjan, Ivory Coast. Credit: Getty Images.)
The singing president who disappeared
Turkmenistan's authoritarian president Gurbanguly Berdimuhamedow mysteriously vanished for a few weeks, while his country faced economic crisis. Then he reappeared. What happened?Ed Butler asks what is going in this Central Asian nation, considered one of the world's most secluded after North Korea. The president's life and superhuman deeds normally dominate state television, so did his brief disappearance from the airwaves herald ill health or a fall from power? If so, who might succeed him? And how will any new leader tackle the gas-rich country's cash crisis and food shortages?The programme includes interviews with Bruce Pannier of Radio Free Europe, Rachel Denber of Human Rights Watch, Ruslan Myatiev of Turkmen.news, and Adam Hug of the Foreign Policy Centre.Producer: Laurence Knight(Picture: Turkmenistan President Gurbanguly Berdimuhamedow performs his song Karakum on state television; Credit: Hronika Turkmenistana via YouTube)
Are stock buybacks a corporate scam?
Share buybacks are when a publicly-listed company uses some of its spare cash to buy up shares in itself, in order to drive the share price up and benefit shareholders. The practice has become so common that the amount of buyback money extracted from corporations exceeds their profits. Rita McGrath, a professor at Columbia Business School, explains how stock buybacks emerged. But are stock buybacks a good idea? Is it perhaps better to use that money to grow the business in other ways? And crucially, with so many executives paid in shares, is this just a way for them to maximise their own take? Nell Minnow of Value Edge explains why she thinks buybacks are ripe for abuse. But Ken Bertsch, Executive Director of the Council of Institutional Investors says buybacks don’t need to be totally reined in, but can be used for good.Photo: Getty Images
Has 3D printing met the hype?
A few years back 3D printing was seen as the ground-breaking technology that promised a new industrial revolution. The revolution has not arrived yet. So, were we sold a lie? Or did the hype just get the better of us? Ed Butler talks to Sarah Boisvert, a co-founder at Potomac Photonics, a micro-fabrication company in the US. She explains why the buzz about 3D printing, invented back in 1980, really started to take off only some five or six years ago. She says that the 3D revolution is not untrue, it's just that the hype around it kicked in a little too soon. Ed also visits a start up called Climate Edge which manufactures meteorological equipment and supplies weather data for farmers in Africa. And without printers like this one, its lead designer Gabriel Bruckner says, it probably wouldn't exist. The US research and advisory firm, Gartner has coined the term "The Hype Cycle", describing a five-stage process around any new technology, which invariably seems to involve disillusionment before ultimate widescale adoption. Pete Basiliere of Gartner believes 3D printing is a classic case in point, with only a few industries taking it up.PHOTO: 3D printer creating a hand. Copyright: Getty Images
Should workers be offered unlimited paid leave?
A new idea has emerged in the business world over the last few years: maybe employees should take time off whenever they feel like it, and get paid while they do it. Lila MacLellan from online business site Quartz explains why, with people ever more expected to be available around the clock on email, phone or in the office, it might be better to leave it to the worker to decide when they do and don’t need time off without having to justify it. Some companies have embraced this idea. Dr Amantha Imber at Inventium and Felicity Tregonning of Spacelab explain why their companies have decided to let employees take as much time off as they want. But not everybody is convinced. Ben Gateley explains why his company scrapped just such a scheme after seven years.(Picture: A white sand beach on the island of Koh Phangan off the coast of Koh Samui. Picture credit: Paula Bronstein/Getty Images)
Vanuatu's sacred drink
Kava is a traditional drink that's popular across the Pacific. It's made from the root of the Kava plant. Proponents say it's a recreational beverage that helps with anxiety. Vivienne Nunis visits the tiny nation of Vanuatu, which hopes to scale-up its Kava industry and significantly boost exports. But not everyone thinks that's a good idea. Producer: Sarah Treanor. (Photo: Kava grower Nicole Paraliyu holds a young plant. Credit: Chris Morgan/BBC)
Radical toilets
What can music festivals teach us about toilet technology? Vivienne Nunis tries out some portaloos at a music festival in the UK and asks if the same technology can help address a shortage of clean toilets around the world.(Photo: Loowatt toilets at Wilderness Festival in the UK, Credit: Loowatt)
A Brexit game of chicken
Is the UK's government really serious about a 'no-deal' Brexit? Ed Butler speaks to Brexit blogger Professor Chris Grey and Charles Grant, director of the Centre for European Reform, about what Prime Minister Boris Johnson's strategy really is. Maddy Thimont-Jack, senior researcher at the Institute for Government, explains why parliament may not be able to stop a no-deal Brexit even if it wanted to, and Alan Soady from the UK's Federation for Small Businesses, explains why planning for such an eventuality is so difficult.(Photo: Boris Johnson, Credit: Getty Images)
How to be ambitious
We hear about the negative effects ambition can have, and the tools you need to relieve them, with Neel Burton of Oxford University. Author Rachel Bridge defends the thesis of her book 'Ambition: Why it's good to want more and how to get it'. And what happens when you decide to re-direct your ambition? Joe Udo tells his story of becoming a stay at home dad.Also in the programme, writers Elizabeth Schenk and Hana Wallace discuss the results of a project they launched looking at the careers of their old university sorority members. Plus, top tips on achieving your goals from Peter Gollwitzer, experimental psychologist at New York University.This programme was first broadcast on 1 Aug 2017PHOTO: Little boy in a superhero costume. Credit: Getty Images
The smart home hype
Has technology really made our homes better? Ed Butler talks to Henry Shepherd from the company Cornflake, which installs high-end smart home systems in London. So why haven't more of us installed the latest technology? Brian Solis, principal analyst and futurist at tech research firm Altimeter in California explains.(Photo: A smart speaker at home, Credit: Getty Images)
Vanuatu's missing women
What happens when a country has an all-male parliament? Vanuatu is one of only three countries on the planet with zero female elected representatives. We find out why only men win votes in Vanuatu and what that means for the economy. Next year the country heads to the polls, so will anything change? Yasmin Bjornum of online platform Sista and Hilda Lini, from a newly-formed all-female political party, give us their view.Photo: Hilda Lini, an organiser with Vanuatu’s women’s party. Credit: Chris Morgan, BBC.
Sunscreen under the microscope
Sunscreen is a multi-billion dollar industry. We’ve long been encouraged to apply it daily, to block out the sun’s rays. But one dermatologist argues some sunlight is necessary and sunscreen could be preventing our skin from carrying out a vital function. Dr Richard Weller explains what happened when he took his findings to sunscreen manufacturers. Also in the programme, Holly Thaggard, founder and chief executive of Supergoop, tells us why US regulators are taking a closer look at common sunscreen ingredients.PHOTO: Woman applies sunscreen on a man, Copyright: Getty Images
A global gig economy
Are freelancing sites threatening worker's rights? Manuela Saragosa and Edwin Lane investigate the rise of platforms like Upwork, which allow anyone in the world with an internet connection to become a gig economy worker. We hear from Ray Harris, a data consultant who has built his business through Upwork, and Nekait Arora, who works for a software development company in India where Upwork is a major source of new business. Mark Graham, professor of Internet geography at the Oxford Internet Institute, explains why he thinks this developing global gig economy could be a threat to workers' rights.(Photo: A remote worker, Credit: Getty Images)
Gas-powered politics
America's fracking revolution has made the US the world's largest oil and gas producer and that's had political consequences the world over. Manuela Saragosa speaks to Meghan O Sullivan, professor at Harvard Kennedy School and author of Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America’s Power. Morena Skalamera, assistant professor of Russian Studies at Leiden Univesrity, talks about the effect on the giant Russian gas producer Gazprom; and we hear too from Trevor Sikorsi, head of natural gas and carbon research at the consultancy Energy Aspects.Producer: Laurence Knight(Image: Workers on a Russian gas pipeline. Credit: Carsten Koall/Getty Images)
A lesson in pioneering education
We look at the disruptive models of educating young minds across the globe. Is traditional schooling, the detailed study of literature, history, and science really the best way to prepare for life and work? Marc Prensky tells us about less traditional methods - where students aren't always facing forward in the classroom, which makes a huge difference, according to the educational author and writer. We go to the Mpesa Foundation Academy in Kenya to hear about lessons accessible to everybody, which still manages to personalise lessons for each student. We learn their secret.(Image: Senior three high school students write words of encouragement on the blackboard for the upcoming 2019 National College Entrance Exam. Credit: VCG / Contributor)
Can our planet afford meat?
A battle between the US and Latin American producers has ensued, to feed an increasingly beef-hungry world – mostly people in Asia. We assess who is dominating the meat market – and if our planet can afford to keep the herds grazing. Author of 'Red Meat Republic', Joshua Specht, tells us why the meat production line impressed industrialists and the middle classes - which helped the industry grown exponentially. And we speak to charity Friends of the Earth to hear how younger people relate - or don't - to eating meat, and the pattern of change in appetites. (Image: Raw Angus beef steaks. Credit: Reda & Co / Getty Images)
When a work colleague dies
How companies and staff deal with death at work. Manuela Saragosa hears from Carina, an employee at a global marketing company who saw the mistakes her employer made when a colleague died. Kirsty Minford, a psychotherapist, describes how organisations can do better at dealing with death. And how do you approach your job if there's a real everyday risk of death? Lisa Baranik, assistant professor of management at the University at Albany School of Business, tells us what we can learn from firefighters.(Photo: Death at work, Credit: Getty Images)
Are we too scared of nuclear energy?
The world needs sources of low-carbon fuel, so why are we so afraid of nuclear energy? Justin Rowlatt speaks to Geraldine Thomas, professor of molecular pathology at Imperial College London, about the cancer rates in the wake of the Chernobyl disaster in Soviet Ukraine in 1986, and to Spencer Weart, former director of the Center for the History of Physics at the American Institute of Physics about the evolution of "nuclear fear". Dr Arjun Makhijani from the Institute for Energy and Environmental Research in Washington DC gives the case for why we really should be afraid.Producer: Laurence Knight(Photo: An early nuclear test at the Los Alamos National Laboratory in the 1950s, Credit: Getty Images)
The truth about natural gas
A bridge to a renewable future or just hot air? The energy industry touts natural gas as the cleanest of all fossil fuels and a bridge to a renewable future. Others say we should stop using it all together. Manuela Saragosa speaks to Marco Alvera. the boss of Snam, one of Europe's biggest gas pipeline operators, about the future for gas, and Anthony Marchese from Colorado State University, who's done research into the impact of gas leaks. Charlie Kronick, senior climate adviser at Greenpeace UK, explains why gas shouldn't be part of the long term energy mix.Producer: Laurence Knight(Photo: Gas flaring at an oil field in Montana, United States, Credit: Getty Images)
Britain's Brexit saviour?
Boris Johnson has promised to get the UK out of the European Union by 31 October,"do or die" - but can the incoming Prime Minister deliver anything more than gusto?Andrew Rosindell thinks so. The Conservative Member of Parliament and supporter of Mr Johnson tells Ed Butler what the Brexit plan is, and why the worst case scenario of the UK crashing out of the EU with no deal at all is nothing to fret about.Will the EU countenance any further renegotiation of the divorce deal already struck with Mr Johnson's predecessor? We ask Ryan Heath, political editor at the website Politico Europe. Plus Allie Renison of Britain's Institute of Directors gives us a business perspective on what a no-deal scenario would mean, and the trade issues we should be most concerned about.(Picture: Newly elected Conservative party leader Boris Johnson poses outside the Conservative headquarters; Credit: Dan Kitwood/Getty Images)
The death of Venice?
Many Venetians say cruise ships and tourist hordes are killing their city - almost literally after one gigantic liner crashed into the harbour on 2 June.Manuela Saragosa speaks to the activists fighting back: Tommaso Cacciari of No Grandi Navi ("No Big Ships"), Sebastiano Giorgi of Gruppo 25 Aprile, and Matteo Secchi who fears his home town is being steadily transformed into a gigantic theme park.But it's no simple matter of simply banishing the visitors. Venice receives 30 million tourists each year - some 600 times the number of city residents, most of whom now depend on tourism for their livelihoods. Manuela asks Italian transport minister Danilo Toninelli what the government's plan is. Meanwhile, Jan Van Der Borg of Venice University explains why the economics of tourism is far more lopsided than most policymakers appreciate.(Photo: A cruise ship in the Giudecca canal, Venice, Credit: Getty Images)
Is air traffic control fit for purpose?
Our system for keeping planes in the sky dates back to the 1940s, and still relies on a patchwork of national authorities using radar and VHF radio.Vivienne Nunis asks whether its time for a complete overhaul. That's the objective of Andrew Charlton, of lobby group the Air Traffic Management Policy Institute, who says the organisation of airspace and the technology deployed are worryingly antiquated. It is an objective shared by the European Union, which has long aimed to knit its dozens of authorities into a "single European sky". Thomas Reynaert of industry body Airlines for Europe explains why the EU has still failed to deliver on this promise.Meanwhile Vivienne speaks to one of the most technologically advanced air traffic control operators in Europe, the UK's semi-privatised Nats. Jamie Hutchison runs one of its main control centres, while Fran Slater has been working the screens there for over two decades.(Picture: Aair traffic controller looking at screen; Credit: 18percentgrey/Getty Images)
Life on Mars
What are the obstacles are for a permanent base on the Red Planet? Ed Butler puts that question to Dennis Bushnell, the chief scientist at Nasa's Langley Research facility. He also hears from Ariel Ekblaw, the founder and lead of the Space Exploration Initiative at Massachusetts Institute of Technology, Chris Lewicki, President and CEO of the firm Planetary Resources and Therese Griebel, the deputy associate administrator for programs within Nasa's Space Technology Mission Directorate.(Photo: Nasa InSight spacecraft launches onboard a United Launch Alliance Atlas-V rocket on May 5, 2018, from Vandenberg Air Force base in California. Credit: Robyn Beck/AFP/Getty Images)
Rome: Drowning in rubbish
The Italian capital is in the midst of a waste management crisis as mountains of uncollected rubbish are left to rot on the eternal city's streets. Manuela Saragosa hears from disgruntled residents and the war of words between those who say the blame lies with the anti-establishment mayor, Virginia Raggi of the Five Star Movement party, and the mayor's supporters, who argue Rome's rubbish crisis has its roots in an historically corrupt and inefficient waste disposal system. We hear from Massimiliano Tonelli, founder of the Roma Fa Schifo blog, Marco Cacciatore, the Five Star Movement city council alderman responsible for Rome's waste management, and Mr. Cacciatore's counterpart, Massimiliano Valeriani, at the Lazio regional government. Will Rome's recurring rubbish crisis ever be resolved?(Picture: Waste overflows on the street in the Tor Sapienza neighborhood, on June 30, 2019 in Rome, Italy. Picture credit: Simona Granati - Corbis/Getty Images)
Why has Italy fallen out of love with the euro?
Italy's economy remains in the doldrums, with many Italians blaming the European single currency. Meanwhile the Italian populist government has taken a markedly more friendly line towards Russia, with a scandal brewing about alleged business deals between Moscow and the ruling Lega party.Manuela Saragosa speaks to Alessandra Maiorino, an Italian MP for the Five Star Movement and Lorenzo Codogno, economist with the European Institute at the London School of Economics, about growing anti-European sentiment in Italy. And journalist Stafano Vergine explains why prosecutors are now looking into links between Italy's Lega Nord party and Russia.(Photo: An Italian euro coin; Credit: Getty Images)
A degree from a screen?
As more of daily life gets taken over by technology, we ask what technology’s place is in the future of education. Pearson, the world's largest education publisher for example has just announced that it plans to phase out physical books, and adopt a "digital first" strategy.So will lectures of the future be conducted purely on a virtual screen, with professors and students interacting digitally across hundreds or even thousands of miles? Ben Nelson, chief executive of the Minerva Project, an online learning project, thinks so. But Princeton historian Kevin Kruse is not convinced. He tells Ed Butler how he has had to deal with the dark side of “education” on the internet.Also in the show, Oliver Thorn delivers philosophy education and entertainment on his YouTube channel Philosophy Tube. While "study-tuber" Ruby Granger can help you, and her 350,000 other subscribers, with revision.(Picture: A female student lying in bed, holding a coffee mug and looking at her tablet computer; Credit: FatCamera/Getty Images)
Banning foreign home buyers - the New Zealand experiment
It’s been a year since New Zealand put all but a stop to foreigners buying houses. The near-total ban followed years of astonishing price increases - fuelled in part by Chinese money and American tech billionaires buying up some of the country's most desirable plots. With the help of seasoned property reporter Greg Ninness, and New Zealand’s biggest real estate firm Barfoot & Thompson, we’re in Auckland to investigate whether the law has improved housing affordability. Photo: The Auckland skyline, credit: BBC
How will China's credit binge end?
Hasty borrowing by Chinese consumers and corporates may leave the country's economy with a debt hangover.That's the contention of independent China economist Andy Xie. Business Daily's Ed Butler asks him whether ordinary Chinese are carelessly running up huge debts without appreciating the consequences, and whether the rest of the world should be concerned.And it's not just China. Most East Asian countries have seen a rapid rise in household debts in recent years. Among them is Vietnam, where journalist Lien Hoang of Bloomberg BNA explains that it is in large part a bi-product of the government's policy to introduce its citizens to the wonders of online banking.(Picture: Chinese woman holding phone and credit card; Credit: RyanKing999/Getty Images)
The US consumer debt pile
Payday loans, auto loans and student loans are overwhelming a sector of American society - what can be done to help them dig their way out of their debts?Ed Butler speaks to Dean, a military veteran who says his debts wrecked his health and forced him into personal bankruptcy. Plus student Melissa says her inability to keep up with the interest on her student loans, despite working a well remunerated middle class job, is typical of her Millennial generation.Such stories are becoming commonplace among the young and the poor in the US. In search of solutions to their plights, Ed speaks to Mary Jackson of the Online Lenders' Alliance, Harvard economist Ken Rogoff, and Martha Wunderli of the AAA Fair Credit Foundation in Utah.(Picture: Senior man receiving bank debt documents; Credit: THEPALMER/Getty Images)
Brand Rainbow
From Pride-inspired cappuccinos to LGBT supermarket sandwiches, you can’t walk down the street in some cities without seeing the multi-coloured marketing which symbolises the modern Pride movement. But is the promotion of the rainbow logo a step forward for diversity or a cynical corporate take-over? Elizabeth Hotson hears from flag-bearers at Pride in London and the event's director of marketing, Tom Stevens. Marketing strategist Sonia Thompson explains why authenticity is key to getting the message across. Plus Mark Sandys, global head of beer, Baileys and Smirnoff at Diageo, and Adam Rowse, managing director of branch banking at Barclays, explain how and why they get involved in LGBT campaigns. Producer: Elizabeth Hotson(Picture: Giant rainbow flag at Pride in London; Credit: Elizabeth Hotson for BBC)
The economics of Indian cricket
With the Cricket World Cup reaching its final stages we look at the current state of the sport in India. In this episode presented by Rahul Tandon, we hear from former Indian cricketer, Deep Dasgupta, Ramjit Ray who runs advertising firm Matrix Communications, head of Uber South Asia, Pradeep Parameswaran, IT firm owner Sabyasachi Mitra and cricket writer Sharda Ugra. Rahul also speaks to cricket writer Neeru Bhatia and Nissan's Global Head of Marketing and Brand Strategy, Roel De Vries. Plus Rumella Dasgupta looks at the state of play for women's cricket.(Photo: India's Mahendra Singh Dhoni; Credit: Dibyangshu Sarkar/AFP/Getty Images)
Should we be ashamed of flying?
The aviation industry is one of the world's biggest contributors to climate change - but does a social movement begun in Sweden now threaten to stigmatise air travel?It's called "flygskam", and Manuela Saragosa speaks to one of its originators, Susanna Elfors, whose tagsemester Facebook page helped convert her fellow Swedes to the environmental virtues of train travel. Meanwhile John Broderick, professor of energy and climate change at Manchester University explains just how big a carbon footprint an individual long-haul flight can have.The movement is already having an impact on Scandinavian travel habits, and threatens to go worldwide. So what does the industry make of it? We ask Michael Gill of the International Air Transport Association, as well as Boet Kreiken of Dutch airline KLM, which is already calling on its customers to "fly responsibly".Plus Manuela asks Tony Wheeler, founder of the Lonely Planet guidebooks that first popularised travel to exotic corners of the globe, whether he feels guilty about having enabled the casual flying culture.Producer: Laurence Knight(Picture: Aeroplane vapour trails; Credit: yellowpaul/Getty Images)
Hong Kong crisis: The business impact
After a controversial extradition law sparked mass protests, is Hong Kong's position as a global financial centre under threat? Vivienne Nunis speaks to business owners in Hong Kong about the recent protests, hedge fund manager Edward Chin on the impact the crisis is already having on Hong Kong's financial reputation, and former investment banker and governance campaigner David Webb about the history of Hong Kong and China and whether the 'one country, two systems' policy is being dismantled.(Photo: Protestors take to the streets in Hong Kong in June, Credit: Getty Images)
The truth about cookies
Should you let websites track your online movements? Vivienne Nunis speaks to Frederike Kaltheuner from Privacy International and investigates the split-second auction process where firms bid to put targeted ads in front of your eyes. We hear from DuckDuckGo, the search engine that promises to protect your privacy, and controversial Israeli firm The Spinner, which uses cookies to subliminally change people’s behaviour.(Photo: Chocolate chip cookies, Credit: Getty Images)
Fast fashion: The ugly side of looking good
The hunger for quick short-lived clothes is bringing garment sweatshops back to the UK and harming the environment. Katie Prescott travels to Leicester, the British city whose garment factories claimed to "clothe the world" a century ago, where unregulated factories are making a comeback, paying immigrant workers less than the minimum wage to turn around clothing designs as quickly as possible.Meanwhile Manuela Saragosa speaks to author and journalist Lucy Siegle about how the trend towards the ever faster turnover in consumers' wardrobes is leading to shoddier synthetic fibres that only last a handful of wears.(Photo: Woman sitting on a throne of discarded clothes. Credit: Ryan McVay/Getty Images)
Isolating Iran
New sanctions from the Trump administration are forcing European and Asian firms to choose between their US and Iranian business interests.The EU has created a special purpose vehicle called Instex to circumvent the US sanctions, but sanctions lawyer Nigel Kushner of W Legal says that the Iranians are right to feel unhappy with the effectiveness of this workaround.Manuela Saragosa speaks to one British businessman who has already given up on trading with Iran, or indeed recovering the proceeds from his past transactions that remain trapped in an Iranian bank account. She also asks BBC Persian correspondent Jiyar Gor how the latest round of American sanctions are affecting the lives of ordinary Iranian citizens.(Picture: A woman walks past a mural painting on the wall of the former US embassy in Tehran; Credit: Atta Kenare/AFP/Getty Images)
Money management for millennials
The financial literacy gap. Manuela Saragosa talks to US podcaster and writer Gaby Dunn about why millennials like her are so bad with money. Regan Morris hears the stories of young coffee shop workers in Los Angeles, and psychologist Martina Raue explains why having role models can help when it comes to saving money.(Photo: A smashed piggy bank, Credit: Getty Images)
Making money out of music festivals
It's not as easy as it looks. Dominic O'Connell reports from the biggest festival in the world Glastonbury, which kicks off this weekend. Manuela Saragosa hears from music industry analyst Chris Cooke on the growth in the industry over the last decade, and from Paul Reed, CEO of the UK's Association of Independent Festivals, about the challenges of putting on your own event.(Photo: Glastonbury Festival in 2017, Credit: Getty Images)