Business Daily

On this edition of Business Weekly, we’re looking at rising inflation in Turkey, and hear how different communities are trying to live during a period of economic uncertainty. Victoria Craig tours Istanbul to hear from shop workers and families caught up in the currency crisis. Plus we focus on the Netherlands, and Meta’s proposals to build a giant, energy-hungry data-centre there. We hear how the community is divided on the plans from Facebook’s parent company. We’ll look at the diplomatic spat between Lithuania and China, that now has implications for trade between the two countries and the wider European Union, and we also delve into the world of premium pet food, to hear how today’s cats and dogs are getting the luxury treatment from their owners. Business Weekly is presented by Sasha Twining and produced by Clare Williamson. (Image: Tourist shop in Istanbul's spice market, credit: Getty Images)

Why has it become so popular for millions of young people? Has the failure of conventional nest-eggs, rising student debt and high property prices forced twenty-somethings into an ever riskier outlook - and what's the pandemic got to do with it? Nachiket Tikekar, a 23 year old student of business, tells Ed Butler why he decided to stick all his spare money into stocks and shares and why he's not scared of the markets crashing. This has all been made possible by the rise of low-cost online trading platforms like The Zerodha, which is India's biggest. Somnath Mukherjee runs its business and legal operations. Ed also speaks to Sarah Pritchard, the executive director of markets at the UK's Financial Conduct Authority who are trying target these risk adverse investors with warnings through new platforms such as TikTok. And Lesley-Ann Morgan has led a global study looking at investment trends, including for younger people, across more than 20 countries for Schroders Wealth management. She says thousands of young p

The official inflation rate in Turkey is above 21% and the value of the lira has plunged by nearly half this year. Victoria Craig hears from families, students and workers about what a currency crisis, fueling red-hot inflation, feels like to live through. (Picture Description: Turkish Flag, Picture Credit: Getty Images).

What is at stake when a big company like Meta comes knocking on your door? The small Dutch town of Zeewolde is grappling with this. Meta - the parent company of Facebook, Instagram and WhatsApp - wants to build a huge data centre in the area which could be the biggest in Europe. It is a proposal which has raised questions about land-use, water consumption, political power and energy. The municipality says it will bring significant benefits – but not everyone agrees. Opponents like local resident Sipke Veentra, say the centre will use five times the amount of energy that their local windmills provide. And local farmer Carla Dekker is concerned that prime agricultural land is being given over to development and is worried about the amount of water Meta will use. They both claim Meta is being given preferential treatment over local businesses. But those in favour, like Egge Jan de Jonge the local cabinet member who is steering the deal through, says Meta will have to provide new power supplies to feed the centre

The pet food industry is a multi billion dollar business but are premium brands - with premium ingredients - worth spending more money on? And could insect protein be the key to a more sustainable way of feeding our animal companions? Elizabeth Hotson gets the facts and figures from Kate Vlietstra, a global food and drink analyst at Mintel. We also hear from Tom Neish, founder of insect-based cat and dog food company, Yora. Plus, Rachel Grant from premium pet food brand, Laughing Dog, tells us why she believes her product is worth splashing out on. A trio of dog owners tell us what's on their pets' menu and Sean Wensley, senior vet at the pet charity, PDSA explains how to make sure your animal companion eats a balanced diet. Plus, Natalia Santis, manager at the Java Whiskers cat cafe, describes the eating habits of their eleven fussy felines. (Picture of treat time at Java Whiskers cat cafe. Picture by Elizabeth Hotson).

Leishmaniasis may not be a household name in much of the rich world, but the parasitic disease is found in over 90 countries, and can lead to agonising disfigurements, and death. It’s classified as a neglected tropical disease, which means treatment is underfunded and under-researched. We hear from British adventurer and writer Pip Stewart, who contracted Leishmaniasis on an expedition through the jungle of Guyana. She received treatment in the UK, but it was a harrowing experience. Pip explains how her Guyanese friends have to resort to excruciating home remedies to try and stem the parasite. She’s written a book about her ordeal: Life Lessons from The Amazon. We also get the view from Ethiopia, where Dr Helina Fikre explains the difficulties in treating the same parasitic illness. Dr Laurent Fraisse from the Drugs for Neglected Diseases Initiative tells us about his organisation’s search for better treatments, while Dr Madhukar Pai calls for an overhaul of the way tropical diseases are funded. Image: The Le

On this edition of Business Weekly, we look at Germany to see how the change in chancellor from Angela Merkel to Olaf Scholz may impact the direction of the country, both domestically and on the world stage. We also hear how Ukrainians are faring economically as relations with their neighbour Russia sour further, and how there’s further military tension on the border. Plus, we look at the business of private adoptions, and hear how much money can change hands when a child is welcomed into a new home. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.

Lithuania has provoked China's rage by going too far in recognising Taiwan. Beijing is now apparently blocking Lithuanian imports and is even threatening global firms who trade with Lithuania. The spat was started by Lithuania's decision to allow a Taiwanese Representative Office to open in Vilnius in November. China says Taiwan is part of its territory. This has all come days after Brussels proposed a new law allowing it to retaliate against economic sanctions like this. Ed Butler speaks to Finbarr Bermingham, the Brussels correspondent of the South China Morning Post, Shelley Rigger from Davidson College in the US and a leading expert on Taiwan's trade relations and Hosuk Lee-Makiyama, the director of the European Centre for International Political Economy who is advising EU member states on the new legislation.(Picture: Made in Lithuania logo; Credit: Picitup/Getty Images)

Will the next war be waged online? Ed Butler talks to Nicole Perlroth, winner of the 2021 Financial Times Business Book of the Year for This Is How They Tell Me the World Ends - an investigation into the how governments, spies, criminals and corporations are dealing with - and exploiting - the risks associated with doing business in the digital era.

What can be done to stem the tide of carers quitting the industry? Before the pandemic the healthcare sector struggled to recruit enough workers. Today they're leaving in droves. Citing physical and mental exhaustion, poor working conditions, a lack of appreciation and miserly pay, carers are leaving their jobs - a trend with all the makings of a future skills crisis. The BBC's Rebecca Kesby speaks to Ged Swinton, a member of the Royal College of Nursing who had to leave his job as a frontline nurse after losing patience with an unappreciative government - and abuse from the public. Will Hunter recently returned to his job as an accident and emergency junior doctor, but could only handle part time work after an intense year of pandemic conditions. In the USA we hear from Vicki Good, former president of the American Association of Critical-Care Nurses, who tells us people are leaving the care sector almost as soon as they join, despite spending years in training beforehand. We speak to Lori Peters of the Nati

But are apps that deliver from the shop floor to your front door in minutes just a pandemic-era fad or are they here to stay? Have you ever been in a situation where you needed something delivered right away? A toothbrush you forgot on a trip? Or butter for a recipe you've already started preparing? There are many apps for that – a whole fleet of them – that are now competing for your dwindling time. They promise to get everyday items to you, sometimes in 10 minutes or less. But, is it just a pandemic-era trend, or does it have staying power? The BBC’s Victoria Craig speaks to the boss of eight-year old US-based super-fast delivery company, GoPuff. Yakir Gola started the business while at university and has grown it to become a dominant player in the American market. He talks about why the company has decided to expand in the UK, and how it plans to compete in a red-hot space. Plus, we hear from Adrian Maccelari, the director at London-based bakery Sally Clarke about whether partnering with super-fast deliv

At any given time, about a million American families are looking to adopt and most prefer newborns. The industry is regulated on a state-by-state basis and many advocates argue that, not only the existing rules are not enforced properly, but that much greater federal regulation is needed to ensure that the whole process is ethical and safe. Ivana Davidovic hears from Shyanne Klupp, who says she felt pressured by an adoption agency to give her son up for adoption when she wanted to change her mind. She is now a reform campaigner and wants the private adoption industry, in its current form, abolished. Maureen Flatley, who has been working in the field of adoption legislation for two decades, is very concerned about the internet blurring the lines of legality and ethics and "trading of children" on social media without proper oversight. She hopes that 2022 will see some federal legislation governing this field finally implemented. And adoptive parents from Ohio explain why, after spending $70,000 on their firs

The world’s biggest clothing retailer, Inditex, has a new boss, the 37-year old daughter of the company’s founder. Will Marta Ortega manage brands like Zara, Pull & Bear and Massimo Dutti in the same way her father did or will she take a different path? And do consumers still want fast fashion? Plus, we hear why mining the metals and minerals used in green technologies can contribute to the world’s climate change problems and what is needed to ensure that they are mined in a way that doesn’t infringe on human rights or damage local communities. Also, one of the founders of Transparency International tells us the money stolen by corrupt leaders is being ploughed into western assets like property – with the help of an army of financial and legal professionals. Meanwhile, Covid has forced many workers to re-assess and re-evaluate their lives and as a result, they are quitting their jobs in record numbers. It's being called the Great Resignation. And the increasing appeal of the ukulele; how the small guitar-

Could a more equitable global vaccine rollout have stopped the new variant? As the world waits for more information about just how contagious and dangerous the new Covid-19 variant is, we ask if the emergence of a variant like Omicron could have been avoided – or at least slowed - if people all around the world had been vaccinated at the same pace. Instead, richer countries race to give booster vaccines to their own populations as many poorer countries are still waiting to receive their first jabs. Tamasin Ford hears from Dr. Richard Mihigo, who coordinates the WHO’s immunisation and vaccine development progamme in Africa. He says it’s not just about shipping jabs to countries; the international community could also step up to help with planning and logistics for the distribution of vaccines. Dr. Atiya Mosam, a public health specialist in South Africa, was disappointed in the way the world reacted when news the new variant came out of her country. She argues that the travel bans that many countries quickly i

The collapse of the US energy giant Enron remains one of the most dramatic scandals in modern capitalism, but 20 years on did we learn any of the lessons from the fall of a corporate giant? The BBC's Lesley Curwen covered the story every step of the way back in the 2000's right up to the company's collapse, and the jailing of some of its most senior executives. She takes Ed Butler back through Enron's tale of deceit, intimidation and collapse with archive and fresh interviews with some of the scandal's key figures. And Ed hears from Dr Howard Schilit, of Schilit Forensics accountancy firm, a witness at Enron's Senate hearing and a man with a serious warning for the corporate world, two decades on from the Enron scandal. Picture Credit: Getty Images

Can the ambitious renewable energy plans of the incoming government overcome domestic nimbyism and Russian gas politics?Ed Butler hears from one member of the new left-liberal-green coalition, Social Democrat MP Jens Zimmermann, about their plans to phase out coal entirely by 2030, and replace 80% of electricity generation with wind and solar. But building new wind turbines already faces substantial red tape and vociferous opposition from bird conservation groups, as industry man Steffen Lackmann explains.Meanwhile, how will the government tackle a more pressing matter - Russian President Vladimir Putin's alleged restriction of gas supplies to Europe this winter in order to force German approval for the new Nord Stream 2 pipeline. Ed speaks to Gustav Gressel, geopolitical analyst at the ECFR think tank, and to Melissa Eddy at the New York Times' Berlin bureau. Plus Yuri Vitrenko, head of Ukraine's gas pipeline company Naftogaz, explains why he fears approval of the pipeline could mean war in his country.(Pict

Authoritarian regimes are working closer than ever to keep each other afloat - with plenty of help from the West's financial system.Ed Butler speaks to Frank Vogl, who helped found the global anti-corruption organisation Transparency International. He claims that the world's kleptocrats are enabled by an army of bankers, lawyers and accountants who are helping them squirrel away their ill-gotten money in Western real estate and investments.And for regimes like those of Belarus, Venezuela or Syria, who find their power contested by their own people and their economies in tatters, there is plenty of support to be found these days from other authoritarians - chief among them Russia and China. That's according to the historian, journalist and author Anne Applebaum. The questions is whether the world's democracies will ever get their act together and do something about it?(Picture: Venezuelan leader Nicolas Maduro (left) embracing Belarus leader Alexander Lukashenko; Credit: Sergei Gapon/AFP via Getty Images)

In Afghanistan, high schools are currently closed to girls, and women have been banned from TV dramas. So how hard is life for the female half of the population, as the Taliban reassert control?Tamasin Ford hears from her colleague Yalda Hakim, who recently returned to the Afghan capital Kabul, the city of her birth, where she quizzed members of the new regime about their intentions for girls' education. Tamasin also speaks to Mahbouba Seraj of the Afghan Women Skills Development Center in Kabul about what life is now like in the city. Meanwhile Marianne O’Grady, who worked in Afghanistan for the charity CARE International until she was evacuated in August, says that with food now running desperately short in the country, there are even more pressing concerns than the treatment of women.(Picture: Afghan girls look out next to a building in Sharan, Afghanistan; Credit: Hector Retamal/AFP via Getty Images)

On Business Weekly, we look at inflation in different countries, and in particular, how price rises are hitting the citizens of Turkey and the United States. We hear how two different presidents are trying two very different ways of getting it under control. We also hear how baristas in Starbucks are trying to unionise and how the coffee shop chain has reacted. Plus, we look at green hydrogen and hear from the producers in Denmark hoping the sustainable fuel will help meet climate change targets. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.

Can the minerals needed to decarbonise the global economy be dug up fast enough? And can it be done without the human rights and environmental abuses of the past?Tamasin Ford speaks to KC Michaels of the International Energy Agency says there will need to be a staggering increase in the amount of nickel, lithium, cobalt and rare earths being mined, in order to build all the batteries, wind turbines and solar panels needed. But mining consultant Dr Patience Mpofu says that the mines required can take anything up to 15 years to commission.With many of these critical minerals concentrated in the developing world, the fear is that a rapid increase in global demand may outstrip the supply from the formal mining industry, with the gap filled by much less responsible mining operations. Emmanuel Umpula of the Congo-based NGO African Resources Watch fears a worsening of human rights abuses and pollution from such mines. But Mark Cutifani, chief executive of mining giant Anglo American, says the industry is working har